These possessions could be damaged or lost due to theft, fires or vandalism, and you will get full financial reimbursement. Your property is not always safe in a rented home or apartment, especially when you have a lot of neighbors. This is because it can be very difficult to identify who your neighbors are, and who are not.
There are also several factors beyond our control like fires. However unlikely such events happen, it is always beneficial to be prepared and ready. You need to have a contingency plan, and the best is getting a tenant-insurance cover.
In case any of the above scenarios occur, you need to be able to start afresh. The tenant insurance cover will provide you with financial reimbursement to compensate for your property loss or damage.