Yet understanding who’s responsible for what after property damage occurs can save you weeks of frustration and thousands of dollars in unexpected costs. Most property insurance policies actually require you to take reasonable steps to prevent further damage. Renters should also note that a landlord’s insurance typically covers the building structure, not personal belongings. Building a Clearer Path ForwardUnderstanding property coverage before disaster strikes puts you in a far stronger position when it actually happens. Review your policy’s limits, deductibles, and exclusions regularly, and don’t hesitate to ask your insurance agent direct questions about restoration versus reconstruction coverage.