How Much Extra Is Renters Insurance? 
Renters insurance is not an `` extra '' applied to another existing insurance policy . It is a stand-alone insurance contract and can very widely on cost depending on your needs and wants . If your desire is to meet the possible requirements of a lease without regard for the coverage you can probably figure on an average minimum premium of around $ 100 . If however you have a lot of personal belongings , own a dog , have a lot of present and future assets to protect and you would prefer to have an insurance company pay for your loss following a claim rather than paying out of pocket , then you can plan to pay a considerably higher premium . Renters insurance premium is largely based on exactly what you want , and an insurance professional can help you out . 