How Much Does Renters Insurance Cost?

A typical question I get from my buddies and from others here at Hannigan Insurance, is "Do I need Renters Insurance, and if so, how much does renters insurance cost?".

Around $150 a year will cover you with Renters Insurance.

Well the answer is...around $150 a year will cover you with Renters Insurance. When I did this segment LIVE for Hannigan Insurance TV™ a lady Jannette allowed us to come inside and view her apartment belongings. She had furniture, nice dining room table, clothes, big screen tv, kitchen appliances, etc. She probably had around $15,000 to $25,000 worth of personal property. So if you want that covered, you need to get renters insurance, otherwise it may all be gone if lost in a fire or some other means.

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