If you’re a worst case scenario kind of renter, you’ve probably woken up in cold sweats thinking about someone heisting your comic book collection or stealing everything down to the last roast beast. (the Grinch strikes again!) You’ve had panic attacks over your iPod melting into your laptop melting into your George Foreman in a freak house fire. Then there’s that short heart attack you had when your friend drunkenly trips over your front steps and onto his face. (Hopefully, he won’t remember in the morning.) There’s all this impending financial doom, and what to do? What to do?! Renters can’t get homeowner’s insurance! Oh the humanity!

Wait! Do you see it? The light at the end of the tunnel? The hero of our story? Renter’s insurance! Blow the trumpets, and throw down the red carpet. Renter’s insurance is here to aggressively watch over you (and your stuff), armed with a baseball bat, some far-reaching wasp spray, and a can of whoop…butt.

Renter’s insurance protects you against the “bad day” scenario, as in “Wow, I didn’t know that a day could get so bad.” There’s nothing worse than coming home, and well… the home part of your home is not there, whether it’s your stuff or the building itself (bummer). Renter’s insurance can protect you from getting sued if an accident happens on your property, your things from getting stolen or destroyed, and can even pay for other expenses like staying in a hotel room if your place is destroyed. It covers a lot for pretty cheap.

But let’s break it down to the basics and what’s protected.