Locate insurance companies that offer renter's insurance by consulting the yellow pages of your phone directory or an Internet search engine.
2
Contact insurance agents and ask about the terms of standard renter's insurance policies; find out if you need extra protection to insure valuables such as jewelry, art or collectibles.
3
Provide selected insurance companies with your address, along with a brief description and estimated value of your household goods.
4
Obtain estimates from selected insurance companies for renter's insurance that will provide coverage for your personal property against theft, fire and wind damage; personal liability for accidents of others on your premises; damage to property of others in your care; and living expenses if you're forced to vacate the premises during disasters or repairs.
5
Consider buying a "replacement value" policy that will reimburse you for the actual cost of replacing your goods (instead of a depreciated value on used goods) in case of loss.
6
Compare quotes and coverage levels from different insurance companies and purchase the policy that best suits your needs and budget.
Tips & Warnings
Most renter's insurance policies include personal liability insurance as a standard feature.
Premium rates can vary considerably, depending on the age and location of your rental unit, the crime rate in your area and other factors.
If you own a unit in a condo, you, too, need the equivalent of renter's insurance. Your unit is insured, but your possessions aren't. In earthquake country, like California, it's not easy to get renter's insurance. Keep trying!
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If you own a unit in a condo, you, too, need the equivalent of renter's insurance. Your unit is insured, but your possessions aren't. In earthquake country, like California, it's not easy to get renter's insurance. Keep trying!