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This is such a well-written community resource, educating members and not just promoting the service. Thanks!

Question: does someone like me need renter's insurance? I rent a bedroom in the owner's flat, don't have anything super valuable in there and am not required by the owner to have insurance. If I'm comfortable self-insuring my personal belongings, is there any other outsized risk that would justify paying $60/year?

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Thank you! Probably the most outsized risk is liability, basically if you're sued for something related to the property (had a party and someone broke their leg) your insurance company will defend you up to your liability limit.

Edit: Also keep in mind our renter's insurance (and most others) covers you wherever you are, so if your laptop is stolen out of a coffee shop, it's covered. Also if there's a fire in your building and your stuff is not damaged but you have to move out, renters insurance covers additional living expenses.

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