Being a landlord you are responsible for the safety of your tenants and your property. This is not necessarily an onerous task but you should be aware of your responsibilities.
This is a society that believes in filing lawsuits. Most of the time, when things go wrong to a person or organization in this country, it is many times resolved by suing somebody. The person or the company with the deepest pockets will sometimes end up paying. But, that doesn’t prevent a person from suing you, and letting the insurance companies fight it out amongst themselves.
This is why a tenant should get Renters Insurance. It protects you and your assets from being sued directly. Renters Insurance pays for your personal belongings in the event you have a fire or theft loss, or other similar damages to your home or appliances, such as your refrigerator, or a computer. It protects you from any lawsuit filed against you in or around your apartment.