<prompt> Human: Edit: Man... I love you guys. Thanks for all the comments 3Edit2: Just to give you guys more context, Im living in Berkeley. Although it can be crime prone, its in an area thats isnt as much.Thanks for all of your stories, guys! Ive been reading all the comments- bikes getting stolen... ceilings collapsing! Im definitely getting it. Thanks again rpersonalfinance :Assistant: I think its a good idea. Renters insurance covers your personal belongings if the apartment burns down, floods, is broken into, etc. Its also really cheap. I pay 100year for it. Human: Not always. Apartments generally require liability renters insurance which covers the apartmentbuilding but not your belongings. Many insurance companies will only sell liability bundled with personal property but not all. Currently I have a liability only policy for my place since I dont have too many valuable belongings.Assistant: Okay. Because this apartment complex is telling us that we need to get renters insurance before we move in... which seemed a little shady to me. Thanks for cleaning that up.  <response>: Nope not shady at all, its actually pretty common. 