Renter's Insurance Help

[Timothy Lewis]

Hello BP Fam,

*Short Post Alert*

I just moved into an apartment (renting) for a short time (no longer than a year) while I save to purchase a property for myself. My landlord is requiring me to get renter's insurance of at least $100,000 of coverage per occurrence. Any recommendations on companies that provide cheap plans?

I live currently reside in Miami, if that helps.

Thanks,

Tim
 

[Mike McCarthy]

@Timothy Lewis I think it’s a slight miscommunication. The liability limit is $100K on a standard renters policy.

I would reach out to your auto insurance provider. They should be able to get it for you for $10-12/mo. I recommend Allstate to my tenants, but most all providers offer it.

It protects you and your stuff. If a guest trips and falls in your apartment, or there’s a fire, you’re protected.