When it comes to renters insurance, finding the most affordable option is crucial for many tenants. APOLLO Insurance understands the importance of cost-effective coverage and provides a streamlined process to ensure you have the cheapest renters insurance available. Discover how to make your renters insurance more affordable with these helpful tips.
Compare Multiple Quotes: Start by getting quotes from various insurance providers, including APOLLO Insurance. By comparing multiple options, you can identify the most cost-effective coverage that meets your needs.
Bundle Your Policies: If you have other insurance policies, consider bundling them with your renters insurance. Many insurance companies, including APOLLO Insurance, offer discounts for bundling multiple policies, resulting in significant savings.
Opt for a Higher Deductible: Choosing a higher deductible will lower your premium costs. However, it’s important to ensure that you can afford the deductible amount in case of a claim.
Evaluate Coverage Limits: Assess your coverage needs and evaluate whether you can adjust your coverage limits. If you have minimal belongings or few high-value items, reducing your coverage limits can help lower your premium.
Reevaluate Your Coverage Annually: Regularly review your coverage to ensure it aligns with your current situation. If you’ve downsized or no longer require certain coverage options, adjusting your policy accordingly can result in cost savings.
Consider Renters Insurance from APOLLO Insurance: APOLLO Insurance offers competitive rates and a user-friendly platform to make renters insurance affordable and accessible. Explore the features and benefits of APOLLO Insurance to find the cheapest renters insurance options.
APOLLO is Canada’s leading provider of tenant insurance, designed specifically for renters and customizable to your lifestyle. Get your free quote in less than a minute and we’ll send your policy documents right to your inbox.
Originally published August 30, 2023, updated August 9, 2024
Back to APOLLO MagazineGet no-nonsense coverage that's the best value for your money. Purchase policies from your computer or phone, receive your documents instantly, and save when you buy online.
4.7 rating
Get no-nonsense coverage that's the best value for your money. Purchase policies from your computer or phone, receive your documents instantly, and save when you buy online.
4.7 rating
Just tell us your address, your name, email and phone number. And that's it. We'll give you a price in less than a minute.
You can choose to pay monthly or save money by paying for the entire year in one easy payment.
As soon as you complete your purchase, you'll find your proof of insurance and policy documents waiting for you in your inbox.
We’ve provided more than 1,000,000 quotes to Canadians just like you. Give it a try!