What Do You Pay For Renters Insurance?

  1. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    The premium for a renter’s policy is based on its two essential elements, the amount of personal property that is at risk and the limit the company will be asked to defend you in the event of a lawsuit.  The location, age and construction of the unit being rented will be considered in rating the policy and there might be underwriting considerations that would disqualify you for coverage.
    Answered on April 21, 2014
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