How Much Renters Insurance Should I Have?
- 150 POINTSview profileLauren BarrOwner/Agent, Farmers Insurance - The Barr Agency, Mount Pleasant, MIPut a dollar amount on what it would take to replace all of your personal belongings (so if you take the house, flip it upside down... everything that falls out is your stuff) and that is how much your personal property should be. Everything else that is covered is just a percentage of that. Most people choose a minimum of $25,000.Answered on June 11, 2013flag this answer
- 16470 POINTSview profileDavid OsgoodAgent, Rural Mutual Insurance Co., Union Grove, WIAt minimum you should have enough coverage to be able to replace most if not all of your personal items in your rented premise. Take an inventory of all your clothing, ectronics, appliances, jewelry, and other valuables calculate the value of these items if you were to have to replace them. Please contact a local agent to discuss your coverage needs and desires so that they can provide you with the coverage options that are avaiable in your area.Answered on September 14, 2013flag this answer
Did you find these answers helpful?
Yes
No
Go!
Add Your Answer To This Question
You must be logged in to add your answer.