Here are some of the benefits of having renters insurance so you can have a clear understanding of why it might be worth the cost. Also see four times it’s smarter to rent instead of buy a home .

Bundling a renters policy with your auto insurance can sometimes lower the cost, perhaps by 10 percent. But be sure to first compare the premiums of stand-alone policies, Bach says. Aim for higher ...

Renters insurance policies, many of which cost less than $200 a year, are typically sold in a package that includes personal property coverage of up to $25,000 to cover the replacement costs of ...