Here is one of the cool things about having a renters insurance policy to cover you in the event of catastrophe in the place you are renting. Every home or apartment renters insurance policy includes protection from loss of use. That means if for some reason you can’t live in your apartment or the house you are renting, then the insurance will reimburse you for the cost of staying in a temporary place while your own place gets repaired. Not only that, but most policies cover the cost your meals while you’re away and for the cost of replacing your stuff, when you get back home.