Category Archives: Renters

Where can I find cheap renters insurance in Florida?

Florida residents will pay more for their renters coverage. Why? Well, this state is prone to many natural disasters, which in turn causes an increase in claims. Here in Florida, there are over 200 million residents that are renting houses or apartments.

Actually getting renters insurance here in Florida can be quite a task. This is because some cities in the state are always threatened by storms. Most insurance companies will not offer the option of policies online, they require you to call an insurer. Don’t let that discourage you, cheap renters insurance in Florida is obtainable here.

Based on recent studies, State Farm offers customers cheap renters insurance in Florida. In addition to great prices, State Farm can also provide customers with top of the line customer service. It is also a national company.

Progressive Insurance also offers customers affordable coverage. Progressive allows visitors to receive a quote online. The process is quick and easy, you can find out how much a policy is for you within a few minutes. Progressive also allows customers to bundle their policies as well, which will provide you with a discounted rate.

USAA can provide military members and their family with cheap Florida renters insurance. USAA is well known for providing the best rates for their members. This company also allows you to bundle policies.

What is the average cost of Renters Insurance in FL?   

As of 2018, the average cost for a renters policy here in Florida is around $18 per month.Annually this averages out to $217 per year. Typical renters rates throughoutthe US will fall between $15 and $30 each month. These numbers are just anestimate though.

Your rate will be determined by a variety of factors. These include where your rental is located,how much personal property coverage you want to purchase, the amount of liability protection you purchase, and safety features such as burglar alarms and fire alarms.

If your rental is located next to a flood zone or a hurricane-prone area, according to you should expect an increase in the cost of a policy. Also if you have a history of multiple claims, your rates will also be more expensive.

What is a renters policy deductible?

When it comes to cheap Florida renters insurance, you as a tenant need to understand what a renters deductible is. A renters deductible is the amount in damages that you’re responsible to pay for when you make a claim. Once you pay your deductible, your insurance will kick in and pay for the rest.

Cheap renters insurance in Florida is out there. You really just need to know where to look for. While Florida may have some slightly higher rates, they are still affordable. There is no excuse to not have a policy if you are renting.