Miami - Insanely high renter's insurance -

[Mary Joe]

Hi All

Just wonder if this is the norm for Miami.

I received a quote for renter's insurance with liability coverage of $300K and wind coverage, the quote is about $1100 for 1 year. Is this normal for Miami?

The agent told me there is only 1 carrier that does renter insurance in the area and I will get the same quote anywhere I go.

btw, it is a small 500 sq feet condo.

Just want to get the board's opinion before I sign up for this.

Thanks.