Why your price may differ from the Texas average
Two renters in the same city can pay different premiums because they select different limits and deductibles or present different underwriting characteristics. Insurance companies also use their own rating formulas.
Coverage amount matters
A policy with a higher personal-property limit or liability limit may cost more than one with lower limits. Start by estimating the value of the belongings you would need to replace after a covered loss rather than choosing a limit only because it produces the lowest premium.
Replacement cost can change the premium
Some policies settle covered personal-property losses using actual cash value, while replacement-cost coverage can pay based on replacing covered items with new property of like kind and quality, subject to policy terms. Replacement-cost coverage generally costs more.
Deductibles and optional coverage
The deductible affects what you pay out of pocket on a covered property claim. Additional coverage for higher-value property or other exposures can also change the premium.
Compare the policy, not only the monthly price
A low premium is useful only if the policy satisfies the lease and provides the protection you intended to buy. Compare limits, deductibles, exclusions, valuation method and proof-of-insurance requirements along with price.
Ready to review Texas renters options?
Use the Insurance Plus renters page to continue to the secure provider portal and review available coverage.