No — and this is the most common and costly misconception renters carry. Your landlord’s policy covers the building structure, common areas, and the landlord’s own liability. If a fire, burst pipe, or break-in damages or destroys your furniture, electronics, clothing, or other personal property, that loss is entirely yours. Renters insurance exists specifically to fill that gap — covering your belongings, your personal liability, and your temporary living expenses if your unit becomes uninhabitable.