Renters Insurance
If you’re renting an apartment or condominium in the city, you might want to look into getting renter’s insurance. This covers any damage or loss to your property when you rent from a landlord or property manager. While your landlord insures the physical building against damage from fire and similar occurrences, the insurance policy doesn’t cover your belongings. Should anything happen to your things, your landlord won’t owe you any payment. Renter’s insurance can also protect you against any damage caused by other tenants, as well as the medical bills or liability lawsuits of anyone injured in your apartment.
Payment for renter’s insurance can be done monthly or all at once. Ask your existing insurance agent if they provide this service as well.