No matter whether you rent or own, it’s important to have the insurance you need to cover your belongings. If you rent, however, your landlord or property management insurance policy only covers losses to the building itself. Your personal items, on the other hand, are only covered if you have renters insurance that you pay for out of your own pocket. While 95% of homeowners have an insurance policy, only 40% of renters have insurance to protect the contents of their home. That’s why Syringa Property Management would like to provide you with the following key reasons why renters insurance is worth it.