The most common renters insurance is through State Farm insurance.
State Farm renters insurance is a popular and strong choice for renters insurance and is often ranked frequently for it's affordability and great customer service.
Other top companies for renters insurance are Lemonade renters insurance, USAA renters insurance and Progressive renters insurance.
Progressive renters insurance is a popular option for renters insurance and when combined with other insurance such as auto insurance you can also save money.
USAA renters insurance is excellent renters insurance for military members.
And Lemonade renters insurance are known for their digital platform and replacement cost coverage.
Most renters insurance policies provide you as a renter with $100,000.00 (minimum) of financial protection for covered accidental bodily injury or property damage to others.
The average cost of renters insurance is $15.00 to $20.00 per month.
Although the price can vary based on coverage, location and whether or not you bundle the renters insurance with your other insurance like auto insurance.
Renters insurance is an insurance policy that protects you as a tenant and covers your personal belongings, liability for injuries to others or damage to their properly and also additional living expenses if your rental happens to become uninhabitable due to a covered loss.
Renters insurance can also cover theft, fire, windstorms, vandalism and other disasters.
For your personal property, the renters insurance helps pay for the replacement or repair of your belongings such as your furniture, clothes, electronics etc, if they happen to be damaged, stolen or destroyed by a covered event.
Renters insurance also often covers a range of specific perils, including smoke, fire, lightning, windstorms, hail, explosions, vandalism, theft and some types of water damage.
And if your apartment or other rental place becomes uninhabitable as a result of a covered event like a fire, then the coverage with renters insurance can help to pay for temporary housing as well as food or other expenses while your home is being repaired.