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Get as much renter's insurance as you need, but no more. Also...factor in the monthly amount you can afford, and keep that it mind.
An experienced broker (yes, I like using that phrase) can review with you the amount of coverage you should have and what insurer offers the best policy for the most affordable premium.
Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
I recommend that you purchase all of the liability coverage that the company offers. A lawsuit will ruin your weekend. I recommend that you take a camera and photograph the contents of your rental unit. Sit down with a piece of paper in inventory everything in the pictures. Make a guess as to the replacement cost of each item, including your clothes. Add up the column of numbers and you have the amount or personal property that you own. I suggest that you insure for the full amount of your estimated replacement cost. It might sound like you are going to have a large premium but nothing compares to having a fire sweep through your apartment and be without any coverage.
An experienced broker (yes, I like using that phrase) can review with you the amount of coverage you should have and what insurer offers the best policy for the most affordable premium.