How Cheap Is Renters Insurance?

  1. 150 POINTS
    Paul Nelson
    Owner, Paul Nelson Insurance Services, Santa Cruz, CA
    Renters Insurance can be purchased for as little as $8/mo.. Make sure to purchase a policy with replacement cost for your belongings. The coverage typically adds 10%-20% to the policy cost, but it makes sure your belongings are replaced with a new item equivalent rather than being depreciated in value due to age.
    Answered on June 11, 2013
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