How Much Does A Renters Insurance Cost Per Month?

  1. 14231 POINTS
    Tom Sheehan
    Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
    The cost of a renters policy is determined by the amount and type of coverage you choose.  It can also be dependent upon the age of the building, the number of units in the building, proximity to fire department services etc.  Some of my clients in CT have policies that cost them around $14.00 a month while others pay around $30.00 or more.
    Answered on September 26, 2013
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  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    I saw a recent TV ad stating that some particular company provided renter’s insurance for $8.00 month or less.  That doesn’t mean anything.  My average renter’s policy is probably around $12.00 month but that is not a reflection on the company I might use, rather it is a reflection on the values being insured.  There are also regional differences and other underwriting concerns.  Get a quote and find out how much it is going to cost you.  Agents give quotes for free.
    Answered on August 22, 2014
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