Agreed. Renter's insurance is a great consumer purchase in my experience, since it also doubles as insurance for your property outside the home. Not having to w

Agreed. Renter's insurance is a great consumer purchase in my experience, since it also doubles as insurance for your property outside the home. Not having to worry about your stuff getting stolen (for example, your laptop in a cafe) is great peace of mind. Rental insurance paid me $3k when I had my backpack stolen in Belgium. This easily paid for 3 decades of insurance and, realistically, I think most people are likely to be the victims of theft at some point over a three decade period. My theory is that the way they make this work economically is that many people aren't willing to go through the hassle of record-keeping and filing a police report to get payouts. (In practice, this took less than 1 hour of my time total.)