IDAHO FALLS, Idaho -

The recent fire at an apartment in Idaho Falls brings up the importance of having renter's insurance. If you're a renter and a fire destroys your home, having a renter's insurance policy is one way to help recoup your losses.

Renter's insurance is a type of insurance policy that not only protects renters, but their property. You can choose the amount of coverage and deductible that you want.

Casey Faulkner owns the Allstate insurance office on Pancheri Drive in Idaho Falls. He said having renter's insurance is important for several reasons.  

"Whether it be your electronics, furniture, jewelry -- all of the things that are of value to you -- that is what renter's insurance covers. Any renter can get it for as low as $10 a month, and it is worth the $10 without a doubt," he said.

If you have any questions on renter's insurance, give your local insurance company a call. You can also call Faulkner at 208-524-8247.