What Is The Average Cost Of Renters Insurance Per Month?

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    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    The average cost is much lower than you might think.  People living in apartments in Fresno, California can buy a renter’s policy for less than $10 per month.  That will provide around $20,000 of protection for personal property and $300,000 for liability protection in the event of personal injury and property damage.  The policies are transferrable when you move from apartment to apartment and many companies will discount a homeowner’s policy when you have had a renter’s policy with them.
    Answered on June 10, 2014
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