Home31 Jan 2010 11:45 pm
Determining the Average Cost of Renters Insurance
Obtaining renters insurance has several variables to it. The cost depends upon the amount of your deductible, the location and square footage of your rented space, the exact dollar amount for the value of renter’s personal property, and how much liability coverage a person wants. The average cost of renters insurance depends upon other variables that include optional coverage for natural disasters, flood and fire coverage, as well as theft. This is in addition to the basic insurance coverage. However, with all of these variables aside, the national average price of a basic renters insurance policy is $15.00 to $30.00 per month, with nothing extra added.