Renters Insurance: Why It Costs Less Than Your Netflix
Most renters skip it. Most regret it. Here's exactly what renters insurance covers and why it's a no-brainer in Florida.
The average renters insurance policy in Florida costs between $15 and $25 per month. That is less than most streaming subscriptions.
What Does It Actually Cover?
Personal property: If your apartment is broken into and your laptop, TV, and camera are stolen, renters insurance pays to replace them. Your landlord's insurance covers the building — not your stuff.
Liability: If a guest slips in your apartment and sues you, renters insurance covers legal costs and settlements up to your policy limit.
Loss of use: If your apartment becomes uninhabitable due to fire or covered damage, your policy covers temporary housing and additional living expenses.
What Most Renters Do Not Realize
Your belongings are worth more than you think. Add up your electronics, furniture, clothes, and appliances — most renters have $20,000 to $40,000 in personal property with zero coverage.
One Claim Pays for Years of Premiums
One break-in. One kitchen fire. One burst pipe from upstairs. Any of these events can cost thousands — and renters insurance makes the recovery simple.
If you rent in Florida, this is the easiest financial decision you will make this year.