Although you may not own the home or apartment in which you live, having insurance for yourself and your possessions is still important. In the event of a disaster, your landlord's insurance will only cover building structure and not your personal property.
Coverage provided by rental insurance includes: personal property, including furniture, clothing, appliances, computers; liability of someone is hurt in your residence, and; damage to your property caused by an event such as fire, smoke, theft, adverse weather, water and Plumbing mishaps, and the like.
Rental insurance may be obtained through most major insurance companies.
Please clarify the type of "rental coverage" that you mean. There is, for example, rental insurance available on rental cars, and rental coverage that one buys on personal belongings when living in a rented home.
The owner will usually have a policy but if you are a renter, you should have a renters insurance policy to cover your personal belongings.
Rental insurance protects all of your belongings in your apartment in the event of a fire or other mishap. You should only buy insurance on things you can't afford to replace, so if you can afford to buy all new stuff - clothes, furniture, you get the idea, then you don't need renters insurance.
Renters insurance provides coverage for your belongings while you are renting a place to live. This type of insurance only covers belongings at your certain residence and does not cover the rental property itself.
Generally landlords are not responsible for damage to tenant belongings. This is why tenants are encouraged, and some landlords require this, to purchase rental insurance.
There are a few insurance plans that are required by law for car rental places. These include: collision damage waiver, liability insurance, personal accident insurance, personal effects coverage.
Check you policy to determine if you have rental car insurance. Some credit cards also have rental car insurance. http://www.theglobeandmail.com/globe-investor/personal-finance/home-cents/do-you-need-rental-car-insurance/article1994097/
You are not required to purchase insurance from a rental car company. However you are required by law to have insurance. If you have your own insurance call your insurance company and ask what they cover for rental cars, then once you get to the rental car company ask them what their insurance covers, then use which ever one you feel is best for you. If you do not have personal insurance, I would definitely take out the rental cars insurance.
Renters Insurance in California is surprisingly affordable. About $15.00 per month can get you contents coverage for your personal belongings, loss of use for your additional living expenses, and liability in case of injury. Check out the brochure on the following link for more details
It's best to check with the insurance provider but you should be able to transfer it with no issues as the insurance is for yourself/your belongings, not the apartment building itself.
State Farm, Geico are only two of many insurance companies that you can choose from, a lot of the car rental shops offer it as well. If you have insurance on your personal vehicle, you can add a rental to it at a cheaper cost.
There is renters insurance that insures the belongings inside of an apartment in case of robbery, theft, destruction, fire, or any other disaster usually excluding floods.