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How much does renters insurance cost?

Updated: 9/11/2023
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13y ago

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The answer completely depends on where the property is, how big it is, and all other kinds of actuarial data that insurance companies use. It is usually less expensive than both auto and homeowners in the same area. Best thing you can do is pick up the phone and call a few companies. If you don't know you're renting yet, just make up something similar to what you want to rent to get a ballpark number. Insurance agents can give you a quote in five minutes. Call more than one, but if you are comparing, make sure it's for the same coverages and deductibles.

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13y ago
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12y ago

Renter's insurance is available to people in many areas of the country, but it is not available in all areas. Renter's insurance usually covers only the personal possessions of the renter and does not cover any damage to the physical property itself. Insurance costs vary depending on the location of the property and the amount of personal possessions you want to insure. A local agent can give you a close estimate of the costs of insuring an apartment in New York City.

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Related questions

How much does the average renters insurance cost in PA?

In the average rates for renters insurance, auto insurance, and home insurance, Pennsylvania is usually lower! In 2007, the average rate for PA renters insurance was only $144!


How much does it cost for renters insurance?

For less than a dollar a day, a State Farm renters insurance policy will cover all of your property at its full replacement cost. Protect your possessions with State Farm renters insurance, and you could end up saving thousands. http://www.statefarm.com/insurance/renters/renters.asp


what is the cost of renters insurance for the average person?

If you are looking for more information on what is the cost of renters insurance for the average person, the best place to look for the information is on www.statefarm.com/renters


How much does it cost to buy renters insurance?

The price of a renters insurance depends on various factors, like how much the seller wants for it and where the insurance is bought from. The average price lies around $110 a year, but this can increase up to $200 a year.


What is the average cost of renters insurance at Progressive?

The cost of renters insurance at Progressive depends on an inventory of your belongings , the area you in which you live, your deductible and other factors specific to you. The average renter pays between $100 to $300 a year on renters insurance.


What is the cost of renters insurance?

Renters insurance can be found online for a good price and there are many places with great information for the person that is looking to buy the insurance.


Where can I check the cost of insurance?

Renters insurance is a lot different than car insurance. You can find renters insurance from the State Farm Insurance website. Auto insurance is available on Progressive.


What is the average cost of renters insurance in Arizona?

-$20


What is the monthly cost of renters insurance in alabama?

$15-$30


What is the cost of renters insurance for the average apartment?

all depends on the location of the apartment and who you go with for renters insurance but you can pay as low has 9 a month or has high has 100 a month


What company provides the cheapest renters insurance?

The most inexpensive renters insurance is Cost You A Mint Insurance. They have some very creative plans to accommodate most any needs. You can contact them at www.youneedinsurancehaha.com.


Do renters need homeowners insurance?

NO, But they can get Renters or Tenants insurance