Which type of insurance is mainly used to protect personal belongings in rental properties?

Renter's insurance is specifically designed to protect a tenant's personal belongings within a rental property. This type of insurance covers items such as furniture, electronics, clothing, and other personal effects against risks such as theft, fire, or vandalism. It is important for renters because landlords typically insure the structure of the building, but not the tenant's personal possessions. Therefore, if a tenant experiences a loss due to one of these covered events, renter's insurance provides the necessary financial support to replace or repair their belongings.

Life insurance, on the other hand, is intended to provide financial support to beneficiaries in the event of the policyholder's death, which does not relate to personal property protection. Property insurance generally refers to policies that cover real estate—both commercial and residential—and although it may cover structures, it does not focus on the personal belongings of tenants. Health insurance is designed to cover medical expenses and is unrelated to the protection of physical belongings in rental situations.