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Updated about 4 years ago on . Most recent reply

User Stats

10
Posts
1
Votes
Guy Davis
  • Rental Property Investor
  • Pleasant Hill, CA
1
Votes |
10
Posts

Renters Insurance - What Company & Minimum Coverage

Guy Davis
  • Rental Property Investor
  • Pleasant Hill, CA
Posted

Any recommendations for a few good renters insurance companies? I have properties in Alabama and was curious.

Also, what minimum coverage requirements are typical these days? Thanks in advance!

Most Popular Reply

User Stats

425
Posts
184
Votes
Christopher B.
  • Investor
  • Southeast, MI
184
Votes |
425
Posts
Christopher B.
  • Investor
  • Southeast, MI
Replied

@Guy Davis, I just did a quick estimate on Assurant's own site, and it came back with this.  I input the address for a vacancy we just filled, so this quote may vary from location to location, and apartment to apartment, but maybe it's a good approximation for you to start with.  Check with your own auto insurance for a coverage estimate also perhaps.  

Coverage Estimator

Coverage Start Date

3/01/2021

Your Liability

$100,000

Personal Belongings

$10,000

Replacement Cost

includedIncluded

Water Sewer Backup

Added

Deductible

$250

Total:

$13.17/MO

Amount based on a monthly pay plan (excluding fees).

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