Final answer:
Renter's insurance does not cover the structure of the house or condo, but it does cover a renter's possessions and liability.
Step-by-step explanation:
False. Renter's insurance typically only covers a renter's possessions and liability, not the structure of the house or condo they are renting. The structure is usually covered by the landlord's insurance policy. Renter's insurance is important because it protects the renter's belongings in case of theft, fire, or other covered events, and it also provides liability coverage in case someone is injured in the rented property.