Tenant's insurance, sometimes referred to as renter's insurance, is usually purchased by someone renting an apartment or other property who would like to protect the contents of their home. It does protect the contents of your home, but it has some other features that can be even more valuable. It is a relatively inexpensive coverage and, as David explains in the video below, there's more to it than you might expect.
Whether you own or rent your home, it is always a good idea to protect your belongings with a property insurance policy. While there are some big differences in a home owner's insurance policy and a renters or tenant insurance policy, they are both put in place with the same goal: to protect your property in the event of an accident or theft.