How to Get a Cheap Quote for Renters Insurance
As a renter, insurance for your property may seem like just another expense on top of your housing payments. But what if we told you that it’s possible to get a cheap quote for renters insurance without having to compromise on your coverage? APOLLO offers comprehensive tenant insurance starting at just $11/month, making it affordable to stay protected. In this article, we explore different ways to lower your renters insurance quote while ensuring you get the protection you need.
Need Tenant Insurance?
What is Renters Insurance?
Renters insurance covers any unexpected damage or loss to your personal property within your rental home. It also offers liability coverage, protecting you if you’re held responsible for damage to others or their property.
Getting a Cheap Quote for Renters Insurance: Top Tips
If you think that finding affordable renters insurance is a tall order, think again. Here are some top tips to guide you:
Compare Quotes
Just as you would when purchasing a vehicle or a home, shop around to ensure you’re getting the best insurance rates. Different insurance providers may offer variances in cost for seemingly similar coverage.
Bundle Your Insurance
Many insurance companies offer multi-policy discounts. If you have an auto insurance policy with a company, consider getting a renters insurance policy from the same provider for potential savings.
APOLLO offers tenant insurance starting at just $11/month.
Get the protection you need in minutes with custom Tenant Insurance from APOLLO.
Improve Home Safety
Invest in safety devices like smoke detectors, burglary alarms, or sprinkler systems. These preventive measures not only make sense for your safety but can also score you discounts with insurance companies.
Opt for a Higher Deductible
A higher deductible may lower your premium because you’re agreeing to pay a larger part in case of any loss. Just make sure that this amount is affordable for you if an incident occurs.
Maintain a Good Credit Record
A good credit history demonstrates that you are less risky to insure. If your credit score is in good shape, you’re more likely to snag cheaper insurance rates.
Things to Keep in Mind
While it’s important to find affordable renters insurance, don’t compromise on coverage to save a few dollars. Be sure to assess your personal property value adequately and ensure you take liability coverage into account. Remember, the goal should be getting the maximum protection at a cost that doesn’t burden your budget.
APOLLO offers effortless tenant insurance that’s designed to protect renters and their belongings. Get a free quote in less than a minute on our online platform and we’ll send your unique policy documents right to your inbox.
APOLLO Has You Covered
Get the protection you need in minutes with custom Tenant Insurance from APOLLO.
Originally published June 30, 2023, updated August 25, 2023
Back to APOLLO MagazineGet a quote in less than a minute
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.
Get a free quote
4.7 rating
Get a quote in less than a minute
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.
Get a free quote
4.7 rating
Relevant articles
Getting insured is as easy as 1 - 2 - 3
1
Tell us (very little) about yourself
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.
2
Pay online easily and securely
You can choose to pay monthly or save money by paying for the entire year in one easy payment.
3
Get your documents in your inbox - instantly
As soon as you complete your purchase, you'll find your proof of insurance and policy documents waiting for you in your inbox.
Get covered today - it couldn’t be easier
We’ve provided more than 1,000,000 quotes to Canadians just like you. Give it a try!