You can consider buying renters insurance, which will cover damages and losses to your personal property whether you have rented from a property manager, a house owner or a university i.e in case of a student living in a dorm.
Renters insurance policies normally do not cover risks collectively for unmarried couples living together. Hence, each partner needs to opt for a separate renters insurance policy. However, there are some policies, which cover any resident of the policyholder's household who satisfies the criteria "domestic partner."
While deciding how much renters insurance you need to have you need to consider factors like the electrical and electronic goods you have and the valuables and furniture you possess. Think how frequently you have company and what are the most pressing liabilities for you.
