Jacksonville Renters Insurance

Your Complete Guide to Jacksonville, FL Renters Insurance

Find the right renters insurance policy for you.

The average rent in Jacksonville is $1,281, which is lower than the state average of $1,449. The most expensive rental homes are in Jacksonville’s Mixon Town and Brooklyn neighborhoods, while the most affordable can be found in Alderman Park and West Arlington. Renters insurance can cover your property and protect your finances no matter where in Jacksonville you live. Independent insurance agents are available to answer your insurance-related questions. These agents can work with several different insurance providers to help you get the best price for coverage. Find an insurance agent in or near Jacksonville to learn more about renters insurance. 

Do You Need Renters Insurance in Florida?

Renters insurance is not required by law. However, some landlords do require their tenants to carry it as one of the terms of their lease. This inexpensive insurance is designed to cover your personal property, provide you with personal liability insurance coverage, and even cover temporary housing if a covered event makes your home unlivable. 

How Much Does Renters Insurance Cost in Jacksonville, FL?

Renters insurance is surprisingly affordable. In Jacksonville, the average cost for a policy that provides $20,000 worth of property coverage and $100,000 worth of liability coverage with a $500 deductible is $257 a year. That is just $21 a month for the peace of mind of knowing that your property is covered. Of course, your actual rate may be higher or lower than this average amount, depending on how much coverage you wish to buy and details about the home you are renting, but this figure can give you a general idea of how much a policy will cost you.

Property Coverage for Jacksonville Renters

If the building you live in is damaged by a disaster like a hurricane, tropical storm, tornado, or fire, your landlord is responsible for making structural repairs. However, your landlord has no obligation to pay for any damage to your own personal property. Fortunately, renters insurance is designed to provide this coverage. The contents coverage included in your policy also provides reimbursement for losses resulting from property crimes like burglary or vandalism. 

In Jacksonville, where the burglary rate is nearly double the national average, this is particularly important. Be aware that property damage caused by floods is not covered by renters insurance. If the home you are renting is in a flood zone, on the ground floor of a building, or is otherwise at risk for flood damage, your local insurance agent can help you purchase an affordable contents-only flood insurance policy through the National Flood Insurance Program (NFIP).

Renters Insurance Gives You Liability Coverage

Most people never have to use the personal liability insurance included in their renters insurance policies. However, if you ever find yourself in a situation where you need it, this coverage can be crucial. It is designed to cover expenses like court costs, legal fees, and damages if you are sued for a covered event. Examples of times you may find yourself on the wrong end of a lawsuit and need your renters liability insurance coverage include:

  • A guest in your home is seriously injured in a fall caused by your child’s toy left on the stairs.
  • Your dog gets loose and bites a deliveryman.
  • You’re playing football in the park with friends and accidentally break someone’s wrist during a tackle.
  • You post a negative review online and the owner of the business sues you for libel.

Bear in mind that some insurance companies specifically exclude damage caused by pets. If you are a pet owner, be sure to let your insurance agent know so that an appropriate policy can be found.

Renters Insurance Can Cover Temporary Housing Expenses

What would you do if the home you are renting was seriously damaged by a fire or another disaster and you were unable to live in it for several weeks while repairs were made? Your landlord is not required to provide you with alternative living arrangements. The good news is that your renters insurance has you covered. Until repairs are completed and you can return home, your policy can cover the cost of a hotel or another living arrangement, as well as other associated expenses like meals. Your local independent insurance agent can further explain the details of this coverage.

Why Work with an Independent Insurance Agent?

Renters insurance is an economical way for renters in Jacksonville to avoid large financial losses due to disasters and other hazards. Independent insurance agents can help you compare a variety of customized quotes so you can choose the policy that offers the best value for your hard-earned money. 

Contact an insurance agent near you to get started.

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