As I write this, the ceiling in my micro-bedroom is fixing to fall in on my bed (eek!) due to some sudden water damage and it got me thinking about renter’s insurance. We rented an apartment in a very old building, so for me, buying insurance was as much about planning for the inevitable as it was for the unexpected, but the debate over its value seems to rage on among my peers. Some friends have used it to replace big ticket items after break-ins and thus sing its praises, and others argue that it’s just a scam, and that the odds that one will ever need it are slim. We entertained a similar debate on pet insuranceand the verdict seemed to favor putting money in savings over purchasing a policy. In my case, I paid less for my policy than it will cost to replace my bed if reality does come crashing down, so the gamble may be worth it, but tell me, do you have renter’s insurance? — Sarah C.