Imagine this: you arrive home late one night to discover the pipes in the apartment above yours burst some time during the day. Your neighbor is out of town, so the water has gushed down through your apartment for hours, ruining everything in its path. The landlord has to pay for it, right?
WRONG! When you rent an apartment or home, your landlord should have insurance that protects the building itself, but that won’t include any of your belongings.