Tyler and Sherry Hughes, both graduate students, moved into an apartment near the university. Sherry wants to buy renter's insurance, but Fred thinks that they don't need it because their furniture isn't worth much. Sherry a points out that, among other things, they have some expensive computer and stereo equipment. To help the Sherry resolve their dilemma, suggest a plan for deciding how much insurance to buy and give them some ideas for finding a policy.