How To Calculate How Much Renters Insurance You Need? 
Take a quick inventory of your personal property . That inventory should include your furniture , appliances , clothing and anything else of value that you own . Compute how much it would cost to replace each item on your inventory . Total those prices and you have the basis for your homeowners property limit . Set the liability limit by selecting the most coverage that you can afford . At a minimum compute your net value and add two years of income . Insure for at least that much and more if you can . 