Renter's Insurance - Does it cover property damage?

[Jerry Kisasonak]

Hello fellow BP'ers! I've heard of landlords who have leases that require renters insurance with a specific amount of coverage, coverage that would cover damage to the property (or more severely - vandalism) by the tenant. Does anyone have more details about this insurance coverage?

Our lease requires renters insurance, but I had thought that this coverage was mainly to insure the renter's personal belongings. I am wondering if maybe I'm missing out on a more important aspect of this policy.

Thanks in advance for the reply!