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As a tenant in a high-rise apartment building and with very limited contents, do I really need Tenant Insurance?

Yes, if for no other reason than the damage you could very easily cause to your own apartment (and other ones too) from, say, a kitchen grease fire or the overflow of water from your sink. Like Homeowner policies, the Tenant policy not only protects your own belongings, but also provides protection against damage you might cause to others.