I read a comment on Craigslist about a renter who had the bad luck of having the house he was living in burn down. He had no insurance and was not sure what to do. That is a problem.
The solution: renter’s insurance. I have talked about it before, but it really is something that you should have if you are renting. Why? Well, in the case above, the landlord is probably not responsible for the tenant’s items. Unless the landlord was somehow responsible for the fire, which is doubtful, then it is likely that the landlord has no responsibility. If that is the case, then the tenant is just out of luck. That is no good!
Renter’s insurance is cheap. It costs a couple of hundred dollars per year. If you are a renter, buy it. It is worth every penney it costs!