That's an interesting question - do you mean how much coverage do you need to purchase to ensure the value of your belongings are covered adequately, or how much should the policy have paid out to you after your claim was processed? In the case of coverage, you would need to have an idea of how much value there is to be insured. For example, do you have a lot of electronics, or jewelry? If so, you would need more coverage than someone who has very few of those things. If you meant how much should you have received, that depends on a lot of things specific to your policy and claim. If you would like more information, I'd be happy to help, just contact me. Thanks for asking!
Manager, Marindependent Insurance Services LLC, California
I too assume you are asking how much insurance to acquire. For renters insurance one should seek to get enough coverage for all of their personal belongings. Make sure you ask for Replacement Cost Coverage.
Lastly, purchase the necessary amount of liability insurance to cover all of your assets.
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Lastly, purchase the necessary amount of liability insurance to cover all of your assets.
Best of Luck.