St. Louis Renters Insurance

Protect your property.

Just because you aren’t the owner of your current residence doesn’t mean you shouldn’t take out an insurance policy. Although your landlord has their own insurance, it doesn’t extend to your personal belongings. As an independent representative, McNeil Insurance Group connects you with comprehensive policies that don’t sacrifice affordability. 

Why You Need Renters Insurance

It’s an Affordable Investment

Most renters insurance policies cost less than $300 a year while covering all of your possessions. If you so much as own a laptop and a television, your policy could pay for itself.

It Covers What Your Landlord Doesn’t

Clothing, furniture, electronics, and other important or high-value items aren’t covered by your landlord’s insurance policy. If there is a fire or a break-in, you’re out of luck unless you have insurance.

Many Landlords Require It

This is especially true of high-end rentals. While it is an additional expense, the ability to rent a nicer home or apartment is almost always worth it.

You Are Covered When You Travel

Typically, renters insurance covers your belongings no matter where they are. This includes when they are stolen from your hotel room halfway across the world.

Factors That Determine the Cost of Renters Insurance

As a general rule, renters insurance policies are affordable because they don’t cover buildings—the main factor in the price of homeowners insurance. However, there are certain factors that can increase or decrease the cost of your policy, including:

Rental Location

Living in properties in flood-prone areas or that frequently experience tornadoes increases the cost of renters insurance.

Size of the Complex

Single-family homes and complexes with just a few units tend to increase the cost of renters insurance, while larger buildings with multiple units decrease it.

Your Belongings

The more items you have, and the higher their value, the more they will cost to insure.

Security Measures and Crime Level

The safer your building and neighborhood are, the lower the cost of your policy.

Your Credit

The better your credit, the lower the rates you have access to.

What McNeil Insurance Group Does for You

Renters insurance is pretty straightforward, but you still want to make sure you get the best deal possible. We serve as your guide to rental insurance and more, getting quotes from over 20 different companies for renters insurance or coverage bundles that save you money.