How Much Coverage Do I Need For Renters Insurance? 
Talk to your Insurance Professional about your particular situation . There are 2 basic elements of a Renter 's policy : 1 -RRB- Personal Property Coverage and 2 -RRB- Liability Coverage . Personal Property coverage should reflect the value of your personal belongings . Most companies offer a `` Replacement Guarantee '' settlement option , but usually require a minimum amount of stated coverage in order to trigger that . As for Liability , frankly most companies offer a range between $ 100,000 and $ 300,000 . The difference in premium is so minimal -LRB- usually under $ 10.00 annually -RRB- that I personally recommend going with the higher amount . 