How Much Does Renters Insurance Cost A Year?
100 POINTSview profileChris StaunerAgent, Chris Stauner Agency - Farmers Insurance, Mendota Heights, MNRenters Insurance costs vary depending on the location, type of dwelling and amount of property coverage. The cost of renters insurance will also vary depending on the insurance carrier you choose to go with. I know for my Farmers agency, renters insurance can be as little as $10 a month.Answered on April 11, 2014flag this answer
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaThe pricing for renter’s insurance is based upon the limit for liability coverage that you desire and the amount of personal property that you want covered. Obviously, these vary with every customer. Recently I saw an ad on TV stating that their renter’s policies were $8 per month or something like that. In my agency the average is about $10 but that doesn’t mean that will be appropriate for you. Consult with an agent, the cost of suffering a loss and not having a policy is much greater than the premium.Answered on August 21, 2014flag this answer
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