What Is The Average Renters Insurance?

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   Joe Allegro

   Partner, Sitar Insurance Agency, Iselin, NJ

   It will vary depending on the amount of coverage you want, and the area you live in, but I find that typical coverage wil run you between $200 and $400 a year if you are getting about $25,000 in personal property. This does not include flood coverage, if you want to include flood, you need to purchase a separate renters flood policy.

   Answered on February 23, 2014

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