Insurance while living in a rental
If you choose to rent or lease rather than buy a home, protect yourself and your family when the unexpected happens.
How much renters insurance do I need?
When deciding your amount of renters coverage, you should consider how much your belongings are worth and the cost to replace them. This will help you decide how much personal property coverage you need. Then you should consider how much personal liability coverage you should have in case someone is injured in your home.
Common coverage levels for personal property are $20,000, $40,000 and $60,000. Your policy should also include anywhere from $100,000 to $300,000 in personal liability coverage. Talk with an agent about which coverage amounts best fit your situation.