Our mission is to help people make better decisions. Renters insurance is for anyone who rents a house or apartment or condo. Experts recommend renters insurance to help protect your personal property against fire, theft and vandalism, as well protect you in case of a liability lawsuit against you. Examples of this kind of liability can occur in a situations where you are held responsible for Injury to another person or Damage to another person's property, whether the incident occurred within your rented residence, or elsewhere.