This is arguably the most dangerous fine print of all. Most policies define an "insured" as the named policyholder and their relatives living in the home. Your roommate is not your relative.

One of the most critical clauses in the fine print is how the insurer calculates the value of your belongings.

If you have expensive jewelry, art, or bikes, you need a "Floater" or "Rider"—an add-on that specifically lists those items for their full appraised value.

: Covers your belongings (furniture, clothes, electronics) against specific risks like fire, theft, or vandalism.

: Intentional acts of destruction are never covered.