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| *Loan,banking and credit>>>renters insurance |
How much does renter's insurance cost? |
How much does renter's insurance cost? The other answers are correct as far the cost of renters insurance. However most of the other answers are quoting how much coverage they have for their own personal property. Your personal property is not the reason to buy renters insurance. The reason to buy it is to protect yourself in case you mess up and damage the apt building. (cigarettes, grease fires, candles & overflowing bath tubs are the most common) You want to buy a minimum of $300K of LIABILITY coverage. That way if you mess up you can avoid being sued or making monthly reimbursement payments to an insurance company after they pay for the repairs. Renters insurance is one of the best investments you can make for the price. Source(s): Claim adjuster for way too long. Mine is $100 a year. I pay $ 181.00 a year I'm insured through Allstate and it costs about $112 a year to have $30,000 worth of my stuff insured! Definitely worth it! Check with your insurance agent for quotes. They do a credit check and go by that now...It just depends on where you live and if you are married and/or if you have roomates...I pay 23.62 for a month for myself and my boyfriend for a 2 bedroom house out in the country....I have $35,000 worth of coverage. I pay < $20 per month. Good deal. |
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