You may not own a home, but you likely have more belongings than you realize. Even if your landlord has insurance to cover the building, this doesn’t protect your electronics, furniture, clothes, etc. You worked hard for you stuff, so protect it with an affordable renters insurance policy.
Without a renters insurance policy, you would have to replace everything in the event of a fire, burglary, or flood. You might think it will never happen to you, but in the event that it does, make sure your stuff is protected.