What tips can tenants use to find affordable renters insurance?


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Renters Insurance

What advice would you give tenants on finding affordable renters insurance with the best renters insurance companies?

What detailed advice would you provide to help me identify the best renters insurance companies, and what specific factors should I consider in terms of coverage, cost, and customer service during my search?

Dec 27, 2024 | Henry Morales, Corpus Christi, Texas
Answer
Mark Fitzpatrick
Head of Insurance, MoneyGeekUpdated December 27, 2024

The best advice for renters is to shop around. Some insurance companies may be looking to enter a new market or increase market share, which may lower premiums. Also, mind your credit score; many insurance companies will rely heavily on credit scores to rate customers. High credit scores will save you money.