What Is A Good Deductible For Renters Insurance?

  1. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    Your deductible level for your renters insurance is something that only you can determine. What dollar amount are you comfortable paying out in the event of an accident? $0, $50, $100, $250, $500, $1000 these are the most common deductible levels for renters insurance policies. I would personally suggest a minimum deductible level of $500 myself.
    Answered on October 14, 2013
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