The property manager’s insurance does not cover the tenant. The tenant is often required to insure their own property against fire, theft, and water damage which protects you if you are sued for negligence in the event a bathtub or sink overflowing and damaging the apartment below or in case of a fire.
Showing the Apartment when the Lease is Up
It’s not uncommon to see a provision in your lease to show your apartment to prospective residents near the end of your lease. Terms of the showings should be agreed upon in advance.
If you need to “break” the lease and leave before the date the lease ends, the lease should explain how much notice is required for that situation. The lease should also state options, penalties and fees in the event that you need to move out before the term of the lease expires. Some leases allow for subletting the property and some do not.