Did you know that your landlord’s homeowner’s insurance policy does not cover any of your personal belongings in case of an emergency? If a fridge goes out, the basement floods, or someone breaks in and steals your TV, the landlord most likely won’t be the one paying for your stuff. This is a great reason to have renter’s insurance, which can cover all of your personal belongings. We often don’t think of having renter’s insurance because as non-permanent residents, it just doesn’t seem like we have that much or that what we have is even worth the money. But if your house burns down and you loose everything at once? That can add up. The great thing is, renter’s insurance can cost less than $10 a month, and can be bundled with your car insurance. If you plan on renting, consider the benefits of having renter’s insurance.