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	<title>New answer on: How Much Is Renters Insurance A Year?</title>

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		<title>By: Michael Chrobak</title>

		<link>https://insurancelibrary.com/renters-insurance/how-much-is-renters-insurance-a-year</link>

		<dc:creator>Michael Chrobak</dc:creator>

		<pubDate>Tue, 11 Mar 2014 18:39:59 +0000</pubDate>

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		<description><![CDATA[Renters Insurance is by far one of the most cost effective insurance policies available, and can be purchased for as low as $10 a month or less.  The cost varies based on several key factors.  First, the amount of Personal Property coverage the insured requires.  To choose the amount of coverage that is right for you, consider the Personal Property coverage would protect every item you brought with you or purchased since you moved into the location.  Second is the amount of Personal Liability coverage the insured requires.  This portion of the policy protects the insured should they be held liable for personal injury to someone else or to another individuals property.  The third factor would be type of coverage, with the choice between Contents Replacement or Actual Cash Value.  In a nutshell, Actual Cash Value policies pay LESS per item for any loss, since they factor in depreciation and current value of an item, where Contents Replacement only considers how much was spent on the item to purchase it originally.  Finally, the amount of deductible on the policy will also play a role in determining how much the insured will pay per month.  The higher the deductible, the lower the monthly payments.]]></description>

		

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