Need for renter's insurance. Charles and Layla Moore, both graduate students, moved into an apartment near the university. Layla wants to buy renters insurance, but Charlesthinks that they dont need it because their furniture isnt worth much. Layla points out that, among other things, they have some expensive computer and stereo equipment. To help the Moores resolve their dilemma, suggest a plan for deciding how much insurance to buy and give them some ideas for finding a policy.