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The average cost of a renters insurance policy in 2023 was $148 per year, or about $12 per month, according to the most recent analysis by NerdWallet. That number’s based on a policy for a ...
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As Ramsey emphasized before, the cost of renters insurance is so low that it’s simply worth having. He estimated that the average policy would cost under $300 per year.
NerdWallet was founded in August 2009 by Tim Chen and Jacob Gibson, with an initial capital investment of $800. [2] [3] Its first product was a web application that provided comparative information about credit cards. [4]
Renters' insurance, often called tenants' insurance, is an insurance policy that provides some of the benefits of homeowners' insurance, but does not include coverage for the dwelling, or structure, with the exception of small alterations that a tenant makes to the structure.
"When I sold my house and started renting, it just never occurred to me to get renters insurance, and no one made me do it." The funny thing about thieves is that you can bet they don't care if ...
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