Renter's insurance provides protection for personal property, liability, and additional living expenses in the event of covered perils. Personal property coverage helps protect your belongings, such as furniture, electronics, and clothing, from covered events like fire, theft, or vandalism. Liability coverage can help protect you if someone is injured in your rental property, or if you accidentally damage someone else's property. It can also provide coverage for legal fees and medical expenses. Additional living expenses coverage can help with the costs of temporary relocation if your rental becomes uninhabitable due to a covered event. It's important to review the specific policy details to understand the exact coverage and any limitations or exclusions that may apply. Renter's insurance typically does not cover the structure of the building itself, as that is usually the landlord's responsibility. It's a valuable form of protection for renters to consider to safeguard their personal property and mitigate potential liabilities.