Renters Insurance in Tarpon Springs area (wood floors, renter, condo)

[yakityyak]

Intrested in what others are paying for renters insurance in the Tarpon Springs area. I think that I'm paying too much.

Policy breakdown is for $2,000. dwelling, $25,000. personal property,$ 2,000. loss of usage, $3,000. personal liability & 2,000. medical payments.

Have I been sold too much insurance? The cost is toal of $457.00 per year. This is abut $350.00 more a month than I paid in Michigan. I'm not too far from Alt. 19 N, so therefore the Gulf. I'm with Citizens any other companies that are more reasonable???

[Floridachic]

Sounds about right..look at your deductibles, higher ded lower premium. ...does the policy cover flood? some renters pol do. Do not compare Fl to Michigan for obvious reasons.
Go online and get quotes from different companies.
Good luck.

[yakityyak]

Whoops ! When rereading my post I realized I put down the wrong amt. for personal liability... it should be $300,000.00 ! not 3,000. This is what I'm questioning why is it so high since I rent not own, I rent this condo frm a private owner.

[Mrs. P]

Originally Posted by yakityyak

Whoops ! When rereading my post I realized I put down the wrong amt. for personal liability... it should be $300,000.00 ! not 3,000. This is what I'm questioning why is it so high since I rent not own, I rent this condo frm a private owner.

Yeah I'm confused too. Why would you need so much personal liability when you do not own the condo, someone else does.

If they fall down and break their leg on say a sidewalk in front of your condo, it's the owner not the renter who gets hit with the bill and possible suit correct? Or is the law about that different in Florida.

I'm glad you posted this question I think you're paying to much too, but maybe someone in the insurance business can advise if this would be the norm for a renter insurance policy?

[Mrs. P]

also geez ...why would you be paying insurance on the "dwelling" if you don't own it. I thought renters insurance was just that...for renters to cover their own belongings (furniture clothing etc) . If it's a condo that is rented the dwelling belongs to the owner, why would a renter have to pay insurance on a dwelling?
I can understand flood insurance because it would cover your belongings, but still shouldn't be that much more, as your policy wouldn't have anything to do with replacing floors, dry wall etc. Are you sure it's a renter's policy they sold you?

[Floridachic]

Personal liability is quite important. If someone in your home falls and gets injured, stairs etc.. food poisening, dog bite etc...they are going to sue "YOU" and the l/lord if possible..never skimp on personal liability..your toaster explodes and does damage to the prty...you are responsible...you spilled acid on the wood floors...why should u not be held responsible???

[yakityyak]

ok , I see your point Floridachic, but I still would like to hear what others pay for this type of insurance...call me curious !

[Jimrob1]

Originally Posted by yakityyak

Intrested in what others are paying for renters insurance in the Tarpon Springs area. I think that I'm paying too much.

Policy breakdown is for $2,000. dwelling, $25,000. personal property,$ 2,000. loss of usage, $3,000. personal liability & 2,000. medical payments.

Have I been sold too much insurance? The cost is toal of $457.00 per year. This is abut $350.00 more a month than I paid in Michigan. I'm not too far from Alt. 19 N, so therefore the Gulf. I'm with Citizens any other companies that are more reasonable???

I don't live in Fla I live in Oregon, but I have just a little less coverage than you do and pay $100 a year. Your premium is outrageous. I had heard no matter what type insurance one has in Fla, the cost dramatically goes up. I guess that means Renters Ins as well. I would definitely shop around. I have State Farm Renters Ins, but I heard they only offer auto insurance in Fla. Good Luck.