1. 1265 POINTS
    Drew Delaney, J.D., CLCS
    Commercial Lines Producer, Secure Investors Group, INC, Troy, Michigan
    Rates for renters insurance depend upon a few factors.  Where your apartment is located,  how much personal property you are insuring and what liability rates you requested.  

    For example, in Michigan, where I live I can get renters insurance covering $30,000 of personal property with $300,000 in liability coverage for about $200/year.  The point is renters insurance is very affordable.  

    I hope this helps.
    Answered on August 26, 2013
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