What Is A Typical Renters Insurance Cost? 
I am sure you want to know the cost per month of a policy . These average about $ 10-15 per month but that is not the important issue . The cost of not having the policy can be enormous . If someone enters your rental unit and is injured you could be liable for a lawsuit that would bankrupt you . If the unit catches on fire and is destroyed , your personal property will not be replaced without a tenants policy and the additional costs you incur while waiting for the unit to be repaired wouldnt be covered either . The cost at a time of claim makes the premium seem insignificant . 