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It's graduation season and lots of new college graduates are embarking on their career journeys. Many college grads find themselves needing to make important insurance-related decisions. By better understanding insurance policies and your needs at this stage, you can get the most out of the money you spend on insurance. Renter insurance Renter insurance can protect your personal property against damage or loss and also protects you in case someone is injured while in your residence. If you plan to rent an apartment or other residence, here is more information about how renter insurance works . You might be sharing your apartment or house with roommates. In this case, you likely need an individual policy that covers you and your possessions if something should happen. Speaking of your stuff, the best way to make sure you get reimbursed for your contents is to make a home inventory . Health insurance As you sort through job prospects, make sure salary isn't your only considerati