How Much Is Renters Insurance Normally? 
While it is important to determine the cost of a renters policy , it is more important to consider the cost of not having a renters policy . Can you afford to replace all of your clothing , appliances , and furniture if they are lost in a fire or other covered peril ? Can you defend yourself in a lawsuit if someone is hurt at the unit you are renting ? The cost may be $ 10-25 per month which is insignificant compared to the terrible cost of having an uninsured loss . 