Regardless of some people’s opinion on insurance – that it is simply an additional cost one has to pay monthly from one’s salary – it is actually a wise investment meant for a long term, one that might save you from disastrous, ruining situations like trials or earning losses. Therefore an insurance will not only make sure you don’t lose money in certain situations, but it will also offer you the deserved calm, so that you won’t have to worry about economical problems and legal issues. In addition to that, your being a landlord imposes the insurance on you as a moral responsibility and respect towards your tenant. Your will thus not only keep him or her safe, but you will protect yourself, by keeping yourself away from legal problems and, implicitly, money problems.