Personal Property
Replaces your furniture, electronics, clothing, and other belongings if they're damaged, destroyed, or stolen — whether the loss happens inside your apartment, in your car, or while you're traveling.
Renters insurance that costs less than your monthly streaming bill
Your landlord's policy doesn't cover your stuff or your liability. Renters insurance protects your belongings, your wallet, and your peace of mind for around $15 to $25 a month — and we shop 25+ carriers to find your best rate.
Coverage options
Personal Liability
Protects you financially if someone is injured in your unit and sues, or if you accidentally damage someone else's property. We typically recommend $300,000+ in liability protection.
Loss of Use
Pays for hotel stays, restaurant meals, and other extra living costs if your apartment becomes uninhabitable after a covered loss like a fire or major water damage.
Medical Payments
Covers medical bills for guests injured in your apartment regardless of fault. A small no-fault payout that can prevent claims from escalating to lawsuits.
Identity Theft Protection
Many renters policies include identity theft assistance — covering legal fees, lost wages, and credit restoration costs if your identity is stolen.
Scheduled Valuables
Standard policies cap jewelry, electronics, firearms, and collectibles at low limits ($1,500 typical). Schedule high-value items individually for full appraised value coverage.
Why clients choose Geneva Insurance Group
We Find You the Cheapest Rate
Renters insurance prices vary by 200%+ between carriers for identical coverage. We shop 25+ A-rated insurers to find the lowest rate — often $12 to $20 per month for solid coverage.
Bundle With Auto for Bigger Savings
Bundling renters with your auto insurance typically cuts your auto premium by 5–15% — often more than the cost of the renters policy itself. We model both scenarios for you.
Roommate-Friendly Coverage
We help you understand whether to share a policy with roommates or keep separate policies (almost always: separate policies). We make sure you're properly covered without paying for someone else's stuff.
Pet Liability Built In
Most renters policies include some pet liability — and we know which carriers exclude certain breeds and which welcome them. Critical if you have a dog.
Frequently asked questions
How much does renters insurance cost?
Most renters in the U.S. pay between $15 and $30 per month for solid coverage — typically $25,000 to $50,000 in personal property and $100,000 to $300,000 in liability. Rates vary by location, deductible, credit-based insurance score, and coverage choices. Bundling with auto can drop the effective cost to nearly free after auto discount.
Is renters insurance required?
Many landlords now require it as a lease condition — typically $100,000 in liability minimum. Even when not required, going without is risky: a single fire can destroy $20,000+ in belongings, and a guest injury can result in a six-figure lawsuit. For $15–$25/month, it's the highest-value insurance product on the market by ratio of cost to protection.
What does renters insurance NOT cover?
Standard renters policies exclude: flood (separate NFIP policy needed), earthquake (separate endorsement), bedbugs and pest infestations, your roommate's belongings (unless they're on your policy), high-value items above sub-limits (need scheduling), and damage to the building itself (that's your landlord's responsibility).
Does renters insurance cover my stuff outside my apartment?
Yes — most renters policies provide off-premises coverage, which means your belongings are protected anywhere in the world. If your laptop is stolen from a coffee shop or your luggage is taken from a hotel room, your renters policy typically responds (subject to your deductible).
Can I share a renters policy with my roommate?
You can, but we strongly recommend separate policies. A shared policy creates problems if one roommate has a claim that the other doesn't want on their record, if one moves out, or if there's a dispute about whose property was lost. Separate policies cost only marginally more and keep your protection cleanly your own.
Related coverage
Homeowners Insurance
When you eventually buy, we're already set up to handle your homeowners coverage from your renters relationship seamlessly.
Auto Insurance
Bundle renters with auto for typical savings of 5–15% on your auto premium — often more than the renters policy costs.
Umbrella Insurance
Renters policies top out at $300-500K in liability. Umbrella adds another $1M+ for under $400/year.