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