1. 70 POINTS
    Drew Overman
    Renters insurance can be very affordable. The premiums for renter's insurance normally range between $100 and $300 depending on the limits selected for your particular policy and location of the residence. Renters insurance policies are much more affordable than a regular homeowners policy, because you are only covering the contents of the residence instead of the actual dwelling itself.
    Answered on March 24, 2015
  2. 18 POINTS
    Lezlee Liljenberg
    Agency Owner, Lezlee Liljenberg Agency, Arlington, Texas
    The cost does depend on the area you live in and there are some companies that do consider your payment history in the pricing. Insurance companies give better rates for better credit many times. In Texas we see the same rates as Drew Overman shared $100-$300 for the entire year. This covers your belongings for theft, fire or if water damage to your belongings is caused perhaps from someone living above you. It does not cover your belongings in case of a flood-you need flood insurance for that.
    Answered on May 4, 2015
  3. 1185 POINTS
    Scott W JohnsonPRO
    Manager, Marindependent Insurance Services LLC, California
    Renters Insurance can cost anywhere from a little amount to quiet a bit. A real general zone is typically about $150 to $250. However there are a number of underwriting factors that you will determine this including the number and type of past claims.

    As a reminder Renters Insurance typically covers clients for:
    1. Personal Property (Make sure you request Personal Property Replacement valuation)
    2. Liability, both premises and personal liability
    3. Loss of Use, which will cover you for not being able to live in the apartment (due to a covered loss) and needing to live elsewhere up to the policy limits

    If you do not have Renters Insurance or its cousin Homeowners Insurance than typically you are not insured for these things.
    Answered on October 7, 2016
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