Find the Best Renters Insurance in Fort Myers, FL

How to choose rental insurance in Fort Myers

When you rent a home in Fort Myers, you aren’t usually responsible for the structure you rent. However, you are responsible for your belongings. If your belongings are damaged or stolen, it’s up to you to replace them unless you have renters insurance. Renters insurance covers perils such as:

• Fire
• Theft
• Water damage
• Smoke damage
• Explosions
• Vandalism

When choosing personal property coverage, compare replacement costs to the current cash value of your belongings. For example, a computer you bought two years ago is no longer worth the amount you paid for it. Depending on your policy, instead of receiving money for a brand new computer, you may only receive enough to cover its depreciated value.

Renters insurance also offers coverage for:

• Liability if someone in your home is accidentally injured or their property is damaged
• Living expenses like hotel rooms and meals if your home is uninhabitable

In any of the above cases, the costs can add up. Consider the cost of someone suing you over an injury in your home. If they have a severe injury caused by your negligence, you could be responsible for thousands of dollars in medical bills. Fortunately, renters insurance can protect you from that financial burden.

Who needs renters insurance in Fort Myers?

Anyone who rents benefits from renters insurance, and Fort Myers is full of renters, especially in neighborhoods like Paseo, Winkler and Lehigh Acres.

All Fort Myers residents need to be wary of theft and vandalism— there are over 1,500 property crimes per year in Lehigh Acres alone.

Water damage is another significant risk in Fort Myers because the city gets over 55 inches of rain each year. It’s worth noting that your renters insurance policy won’t protect you from your own intentional damage or certain natural disasters like floods, although it may cover water damage from leaks.

Young professionals might not financially recover if a flood destroys all of their furniture, and the same is true for seniors living on a fixed income. If you’re a college student, you likely also don’t have much disposable income. A stolen computer could leave you without a way to complete your assignments for a long time.

How much does renters insurance in Fort Myers cost?

If you get renters insurance, expect to pay about $12 a month. However, the price depends on your amount of coverage and deductible.

When getting insurance, get enough coverage to make theft or damage a non-issue. Extend coverage for expensive items like rare artwork or jewelry, or consider a separate floating policy that follows you around wherever you move.

You may also be eligible for discounts with a bundled policy or improved security.