Your landlord may have an insurance policy, but if there's a fire in your building, that policy may not cover your possessions.

That's why there's Renters insurance.

Renters insurance covers more than you might think

What if a pipe bursts upstairs and floods your room?
    Renters insurance will cover your damaged personal property, and it may also cover your housing and food costs while your residence is being repaired.
What if someone breaks in and steals your electronics? How will they be replaced? What if a guest is injured on your property and they need to go to the hospital?
    Renters' insurance may help with your guests' medical expenses, including ambulance service and other hidden fees.
What if something falls off your balcony and onto a pedestrian below? What if they sue?
    Renters' insurance may help with any legal fees and liability that you face.