Renters insurance is important for anyone renting or subletting a home or apartment. Did you know that property owners are required to hold homeowners coverage, however that coverage only protects the structure of the house and not the renters personal property inside the home? If there was a fire and all items inside were destroyed the tenant would have to cover all costs out of their own pocket unless they had renters insurance. Talk to your current auto insurance agent to get a price quote on renters insurance. The cost is often minimal and would ensure your items will be replaced in the event of a fire or natural disaster.