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In most cases, contents insurance or tenants insurance is required when you are in a rental property. This is because contents insurance is insuring, as the name implies, the contents of your home. Depending on the plan that you take out, contents insurance will cover certain possessions in your house against various things including loss, accidental damage, flood, fire, theft, etc, but only while they are in the home. It is similar to homeowners insurance, but different in that it covers everything except for the building. It is normally sold alongside a homeowners insurance plan.The only other time that you would be required to have contents insurance because you are renting is if a landlord is concerned about their own liability, which may happen sometimes. In that case, you would probably be required to get a comprehensive plan, which would cover any of your valuables. This would be to save them from liability for poor security or the like, and does happen on occasion. It will also save them from liability for floods or fire that damage your possessions. It is not bad for you either, considering that it could cover laptops, televisions, appliances, etc, as long as they are in your home. This is a good idea as a landlords’ liability for your possessions will end when you leave the property. And it is not an added cost of renting for you, as banks tend to require a person to insure their house as well, which normally comes with contents insurance.This is especially likely if you live in a high crime area or an area where you are likely to have an act of god destroy your possessions, such as a flood, fire, or electrical surge. The type that you are required to take out will also be based on the area in which you live, so that in a city, with a high crime rate, you will probably need to take out contents insurance against theft. If you live near an area that floods frequently, you will probably be required to take out insurance against a flood, etc. However, even though contents insurance is typically bundled with homeowners,’ a renter may not be required to get the entire plan.