From earthquake aftershocks to hurricane-turned-tropical-storm Irene, New York City has seen its fair share of natural hazards in 2011. In a city filled to the brim with luxury rental apartments, many renters have a false sense of security and misconceptions about renters insurance. According to a 2010 survey, more than 70% of the 81 million Americans who rent either do not have renters insurance or even know that it exists. Given that the average American renter owns up to $30,000 in personal properties, a renter who finds himself or herself as an unfortunate victim of mother nature would potentially be paying for the bills all out of their own pockets.