Say you get in a car accident and kill someone.

Yes, agree why don't you just pay insurance just when there is accident happens and not pay for other months.

Im 23 and I just got a settlement from an auto accident.

If it continues to happen and I was your neighbour your dog would likely have a serious accident while on my property.

We don't nickle and dime for things like broken glasses because accidents happen.

Any of them could have made a copy of their key and still have a good key, plus was an accident and it's not a big enough repair to care. 

What it will do is step in in the event the tenant accidently catches the house on fire (which we have had happen twice) to be the primary insurance to fix repairs, put them up in alternative housing, and replace the tenant's belongings. 

I mean, my son had a serious accident during this process and short on response time I actually pulled an all-nighter just to get the info to them on their schedule.Cheers,Buddy

Accidents happen.

well if you are losing sleep or have had to make a insurance claim you are likely very happy it was there, think (auto accident, GOD forbid a Homeowner claim (fire, robbery).