Ruben Romero
    Owner, Entrust Insurance Agency, Bronx NY
    Renters Insurance is like most Insurance base on a lot of different factors for which then a price is base off. Remember the amount of coverage you need for your personal items, location of your residence and if you have any schedule belongings will affect the rate. One of the biggest factor used is credit. Try combining your Auto with your renters to see which give you the best rate plus coverage. So like I always tell my clients or prospect there ins't one specific company that is the cheapest in one single area. If there was then there would one company in the world insuring that specific policy. Also don't forget to check the companies Am Best rating to see their financial strength. Thank you and goo luck.
    Answered on December 24, 2014
  2. 161 POINTS
    Ty Peck
    Agency Producer, Farmers Insurance, Ferndale, WA
    Great question! All companies have different rating factors like credit, claims history, age, area that you live in, type of property, etc. The amount of coverage that you request will also affect the premium. It is always best to bundle all of your insurance policies with one comapny to capitalize on as many discounts as possible.
    Answered on November 24, 2015
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