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Renters insurance is getting harder to come by and more expensive in California as insurers pull back from the state's troubled homeowners market, which has been hard hit by wildfires.
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Fortunately, shopping around with cheap carriers may help you find a robust policy that fits your budget. The average cost of homeowners insurance is $1,759 per year for $250,000 in dwelling coverage.
At the start of 2024, the average cost of monthly rent across the U.S. was $1,400. That total, from Statista, reflects the wide range of rent prices across the country, as costs in major cities ...
Renters' insurance, often called tenants' insurance, is an insurance policy that provides some of the benefits of homeowners' insurance, but does not include coverage for the dwelling, or structure, with the exception of small alterations that a tenant makes to the structure.
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