Which statement is TRUE regarding insurance needs for people who rent apartments?
A. People who rent apartments are covered under their landlords' insurance.
B. People who rent apartments need renters insurance to cover them for liability on their premises and for damage to their personal property.
C. People who rent apartments are required to purchase renters insurance, which is expensive but well worth the cost.
D. People who rent apartments do not need any insurance associated with their apartment.
E. People who rent apartments are required to pay a portion of their landlords' insurance.
Answer: B
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