Protect Your Belongings The Secret Tenant Insurance Trick
Cost and Affordability
The cost of tenant insurance is surprisingly affordable, with the average premium in the United States being around $15 to $20 per month2. This small investment can save you thousands of dollars in the event of a loss. Factors that influence the cost include your location, the value of your belongings, and your chosen coverage limits and deductibles.
It's also worth noting that some insurance companies offer discounts for safety features such as smoke detectors, security systems, and deadbolt locks. These can further reduce your premium, making tenant insurance even more accessible.