Do you need renters insurance for an apartment?

January 8, 2024

My parents advised me to consider purchasing renters insurance. But according to the Internet, it is not legally necessary. Should I buy it?

Renters insurance isn’t mandatory by law, but landlords have the right to require renters insurance before they rent out apartments or homes. However, whether your landlord requires renters insurance or not, there are many reasons to purchase it:

  • It provides liability coverage (if someone is injured on the rented property).
  • It covers personal belongings (clothes, electronics, jewelry, etc.).
  • It’s relatively cheap, $15 to $30 per month.
Do you need renters insurance for an apartment? 1

Oleksandr Rohovnin is a Content Marketer at and an expert contributor to CoverExplore. His passion is digital marketing, innovative technologies, tech industries, and – above all – distilling vast amounts of complex information into engrossing narratives anyone can relate to. At CoverExplore, Oleksandr stokes passion for auto insurance and the automotive industry in general in every story he curates.