**Renter's Insurance:** Insurance that protects the tenant's property against losses, including theft or fire. This insurance usually also protects the tenant against liability (legal responsibility) for claims or lawsuits filed by the landlord or by others who may claim that the tenant negligently injured another person or property. **Renter's Insurance:** Insurance that protects the tenant's property against losses, including theft or fire. This insurance usually also protects the tenant against liability (legal responsibility) for claims or lawsuits filed by the landlord or by others who may claim that the tenant negligently injured another person or property.