Unlike homeowners, who usually need insurance to get a mortgage, renters often aren’t required to have coverage. But that doesn’t mean you should disregard it. Allstate agent Jack Hallbergs says, “People just don’t realize how much they have. Consider the montage of possessions that you won’t (replace) on your own, at least for a long time. If there’s a disaster, all of those things need to be replaced.” Give yourself peace of mind, and protect your possessions from theft, fire, and water damage with renter’s insurance. For more tips, watch the video below.