6 Surprising Things Your Renters Insurance Covers

If you're budget-conscious, you might think purchasing renters insurance is a luxury you can't afford--especially if your landlord doesn't require you to hold it. But like most insurance, it can pay dividends when the unexpected occurs and your valuables are lost, stolen, damaged, or destroyed-and much more besides. The average person has more than $30,000 worth of belongings in their apartment, says Michal Brower, a spokesperson with State Farm--and much of that isn't covered by your landlord's...