Skip to main content

How Much Renters Insurance Do You Need

If you’re renting a house or apartment, you may be wondering how much renters insurance you need. The landlord’s insurance policy covers the building, but not your stuff. Here is a guide to help you decide how much coverage you need. 

Why You Need Renters Insurance 

Renters insurance protects you in case something bad happens to your stuff. For example, if your things are damaged in a burglary or natural disaster, the insurance may pay for part of the cost to replace them. Additionally, it could protect you if someone sues you because they got hurt on the property or their stuff was damaged because of something you did. 

Renters insurance also protects you from losing money if something bad happens to your stuff. Renters insurance is often very cheap, which makes it a good idea to get. Sometimes renters insurance is even required. Check with the landlord before moving in. If you’re renting an apartment or other place to live, you should think about getting renters insurance. 

How Much Coverage Should You Get? 

When you get a lease agreement, it is important to think about how much coverage you should have. This is the money that will help pay for any damage that happens to the property while you live there. Most landlords need at least $100,000 in liability coverage, so it is a good idea to have at least the same amount. 

 Aside from the liability coverage, it is also a good idea to get insurance for things that are valuable to you, like furniture or electronics. This way, if anything happens to them, you could be compensated for their value. You can often save money by bundling different types of insurance. This way, you will have different levels of protection that are specifically designed for your needs. 

What Kind Of Coverage Is Available For Renters? 

Renters insurance is a type of insurance that can help you if your house catches on fire or someone steals your stuff, for example, and it may also help you replace what was lost. Most policies will also cover any medical bills if someone gets hurt while visiting your rental property. 

There are different levels of coverage and extra features that you can add to your renters insurance policy, depending on what you need. For example, some policies may offer coverage for pet damage or temporary housing if you have to move out of your rental unit. It is a good idea to look at different options before you choose the right renters insurance plan for you. 

How To Get The Best Deal On Renters Insurance 

It can be hard to find a good renters insurance policy, but it doesn’t have to be if you do your research. You need to compare different policies from different companies to make sure you’re getting the best deal for your money. You can use an online service that allows you to compare several companies at the same time. It is also important to make sure that you get enough coverage in case something bad happens, like a fire or your stuff is theft. You should also look into different deductible levels and payment plans so that the policy meets both your needs and your budget. With a little extra effort, finding the right renters insurance policy can be easy! 

Acceptance Insurance Has Your Home Covered 

At Acceptance Insurance, we make finding the right renters insurance policy easy. We have a variety of coverage plans and add-ons that are designed to fit any budget. Plus, our agents are always available to answer your questions and discuss your needs in detail. 

We’ll help you find the perfect plan that provides you with the protection your home needs and the peace of mind you deserve. Get in touch with us today to get started or get your free, no-hassle online quote today! 

Common Questions About Renters Insurance 

Does Renters Insurance Cover My Belongings If I Move? 

Yes! Most renters insurance policies will provide coverage for your things when you move to a new rental property. 

Do I Need Renters Insurance If I Don’t Own Anything of Value? 

Even if you’re worried that your belongings are not worth much, it’s important to remember that renters insurance can protect you from having to pay if something bad happens in your home. If someone slips and falls in your home or if a fire breaks out, having the right coverage may help protect you from losing money. 

Does Renters Insurance Cover My Roommate’s Belongings? 

No, usually your renters insurance policy will only cover your own things. If you and your roommate both want to be covered, each of you will need to buy a different policy.  


Material in these articles is for general information or entertainment purposes only. Acceptance Insurance does not endorse and is not affiliated with any of the companies or apps listed in this article. Acceptance Insurance is not responsible or liable for the availability of links to websites or resources, or for any content, advertising, products, services or other materials on or available through these websites or resources. Any references to third party rates or products are subject to change without notice. Trademarks are property of their respective owners. Information and coverage descriptions are general in nature. Actual coverage depends on the policy. Nothing in this article alters the terms or conditions of any First Acceptance Insurance Company, Inc. policies. Some renters policies are underwritten by third-party insurers that are not affiliated with Acceptance and are solely responsible for claims. Supplementary coverage options or products may be added to an insurance policy for an additional cost where applicable. See your agent or for more information. Product and features are subject to underwriting criteria. Price may vary based on how you buy. Not all products, discounts or payment plans are available in all states or distribution channels. All products described herein are subject to terms and conditions. CA License #0K20173.   

Ready to Get a Quick Quote?