Renters insurance is for tenants renting an apartment, condo, or home. It typically provides coverage for your belongings from damages such as fire and smoke, vandalism, theft, and some weather-related incidents too. It also protects you financially if a visitor to your home gets injured and takes legal action. 

It's important to note that renters insurance is different from home and landlord insurance, both of which are intended for property owners and won't provide the specific coverage a renter needs.