Renters insurance

Just noticed that purchasing renters insurance is a good idea for person who rents, whether from a house owner, a property manager, or a university (as a student living in a dorm).
The good reasons to buy renters insurance are:
1. It can be obtained at little or no extra cost -- If you get your renters insurance from your auto insurer, you may get a multipolicy discount, which may cover most of your renters insurance premium.
2. It covers damage or loss to the property of yours and protect against liability or medical bills of guests injured in your place.

Here are some basic examples of personal property to include in your inventory, but remember that coverage varies by state, company, and type. Items not listed here may still be insurable; ask agents about customizing your policy with more options.

Property typically covered:
--Stereo systems, VCRs, and television sets
--CDs, DVDs, videos, and tapes
--Cameras and other photography equipment
--Movable appliances, including microwave oven
--Furniture
--Sports equipment
--China and glassware
--Clothing
--Books
--Miscellaneous
--Property typically covered with limitations:
--Home computers
--Cash, including coin collections
--Checks, traveler's checks, and securities
--Jewelry and watches
--Precious and semi-precious stones
--Comic books, trading cards, and stamps, including collections
--Antiques and fine art
--Goldware and silverware (theft)
--Rugs, wall hangings, and tapestries
--Firearms (theft)
--Furs or clothing trimmed in fur
--Boats or other watercraft, and related equipment

Natural hazards coverage
Again, natural-hazard coverage varies by state and company, but most policies protect your property against losses created by the following:
--Vandalism
--Water damage from failure of plumbing or appliances
--Frozen water pipes
--Hail
--Windstorm
--Smoke
--Explosion
--Vehicles or aircraft