Nick Troester extolls the virtues of renter’s insurance in light of his recent run-in with Durham’s criminal element. I’ve always maintained renter’s insurance myself (excluding the six years I co-owned a house, when I had home insurance coverage), along with a supplemental policy for my laptop and additional liability insurance, and while it hasn’t paid off more than I’ve put in it over the years it has saved my butt a few times, most notably with my policy’s refrigerator/freezer power-loss coverage which I’ve had to use a couple of times.

My car insurance, on the other hand, has done relatively little for me over the years; I don’t think I’ve ever collected on a claim.