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Renters insurance covers the personal property of an individual or family that does not own the dwelling that they occupy. Therefore, the contents of the building (often an apartment building) will need insurance.
Typically, the cost is substantially less than a homeowners insurance policy since the dwelling is not covered. The cost? Rates are often in the $9-20 per month range, depending upon where you live and the coverage you have.
Agent, Rural Mutual Insurance Co., Union Grove, WI
Renter's insurance is an insurance coverage policy type that protects you from certain perils when leasing or renting another person's property. You would purchase this coverage to reduce the risk of experiencing a large monetary loss, such as what you would encounter if you have to pay out large sums of money to another party for damages, injuries, or losses. Please call a local agent to discuss coverage availability and pricing within your geographic location.
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Typically, the cost is substantially less than a homeowners insurance policy since the dwelling is not covered. The cost? Rates are often in the $9-20 per month range, depending upon where you live and the coverage you have.