Renters Insurance Coverage Calculator
Estimate how much renters insurance coverage you need and what it might cost per year. Covers personal property, liability, and additional living expenses.
Frequently asked questions
What does renters insurance actually cover?
Three main things: (1) Personal property — your furniture, electronics, clothing, kitchenware if stolen/damaged. (2) Liability — if someone gets hurt in your apartment and sues you. (3) Additional living expenses — if your place is unlivable after a fire/flood, it pays for a hotel. It does NOT cover flood or earthquake — you need separate policies for those.
Do I really need renters insurance?
Yes, probably. Your landlord's insurance only covers the building structure, not your stuff. If a pipe bursts and ruins everything, that's your problem without coverage. And liability coverage protects you if a guest slips and falls. At $15-30/month, it's one of the cheapest forms of insurance you can buy.
How do I know how much coverage I need for my stuff?
Walk through each room and add up: cost of replacing your furniture, electronics (laptop, TV, phone), kitchen appliances, clothing (dozens of items!), bedding, and anything else you'd have to replace. Most people underestimate — start with $15,000 minimum for a one-bedroom.