If you live in a rented property, you don’t have to worry about insuring the buildings. That’s the job of the landlord. But that doesn’t mean you don’t need any insurance at all. Your landlord won’t insure your personal belongings. That's why you should take out contents insurance, which protects your stuff against things such as flood, fire, theft and accidental damage.

Even if the flat is furnished, you probably still have plenty of stuff that needs protecting, such as your TV, stereo, laptop, iPod, mobile, and clothes.