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Find the most affordable renters insurance in Trenton to protect your belongings.
Equidistant to both Philadelphia and New York City, New Jersey’s capital city has been drawing in many new residents, especially those priced out of Manhattan’s competitive housing market. Renters — as opposed to owners — now make up 62% of Trenton’s residents,1 so if you’re one of them you might want to consider getting renters insurance.
Renters insurance ensures that your personal belongings are protected. There are countless reasons you should consider renters insurance if you live in Trenton, from the affordability of most renters policies to the high risk of weather-related damage and break-ins. Read on to learn more about why renters insurance makes sense for Trenton residents.
|INSURANCE COMPANY||MONTHLY COST - $500 DEDUCTIBLE||MONTHLY COST - $1,000 DEDUCTIBLE|
*Based on a $250 deductible.
Methodology: We pulled renters insurance quotes online from five of the most popular insurance companies: State Farm, Lemonade, Allstate, Travelers and Stillwater. Quotes were for policies with $500 and $1,000 deductibles for a 30-year-old male apartment renter. We deferred to the most comparable coverage amounts when identical policies were unavailable.
|Medical payments to others||$1,000||$1,000||$1,000||$2,000||$1,000|
Renters insurance coverage is more than just protecting your personal property, it also protects you from being financially on the hook if someone is injured in your home, and can pay if you need to temporarily move out of your rental unit. Here’s a rundown of the basic components of a policy that you should know you're comparing renters insurance rates.
We’ve got a full explainer of what renters insurance covers here.
Renters insurance isn’t legally mandated by the city of Trenton, but your landlord might stipulate that you get as a condition of your lease. You should read the fine print of your lease or check with your landlord if you’re not sure whether you’re required to have renters insurance.
However, even if a landlord doesn’t require renters insurance, it might be worth buying. And it can be extremely affordable: Lemonade offers a policy with a $500 deductible for only $5 a month.
Renters insurance is among some of the most affordable insurance coverage you can buy, and, considering your most cherished personal belongings are typically stored in your residence or storage units, renters insurance should be a no-brainer in any city.
Trenton’s property crime rate is another good reason to buy renters insurance. While arson rates in Trenton are only slightly above than the national average, the rate of burglaries is nearly double.2 With a renters insurance policy, you would be covered in the unfortunate event that someone breaks into your apartment and steals your things. Additionally, belongings outside of your home, including inside your vehicle or storage unit, would also be insured.
Weather in Trenton runs the gamut from freezing temperatures in the winter to a scorching summertime heat. The unpredictability of East Coast weather might be a good reason to consider renters insurance, which protects your belongings against risks like wind, lightning and hail. However, a renters insurance policy will not cover damage from hurricanes or flooding, which requires its own separate insurance.
Get a renters insurance quote without the confusion.
Trenton Inspections Department: Rights and obligations of tenants and landlords and information on Trenton’s rent control ordinance.
New Jersey Housing Resource Center: Housing availability, financial assistance, and housing resources for NJ residents.
Legal Services of New Jersey: Legal information manual for tenants to understand their rights and responsibilities.
Policygenius’ editorial content is not written by an insurance agent. It’s intended for informational purposes and should not be considered legal or financial advice. Consult a professional to learn what financial products are right for you.
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Yes, we have to include some legalese down here. Read it larger on our legal page. Policygenius Inc. (“Policygenius”) is a licensed independent insurance broker. Policygenius does not underwrite any insurance policy described on this website. The information provided on this site has been developed by Policygenius for general informational and educational purposes. We do our best efforts to ensure that this information is up-to-date and accurate. Any insurance policy premium quotes or ranges displayed are non-binding. The final insurance policy premium for any policy is determined by the underwriting insurance company following application. Savings are estimated by comparing the highest and lowest price for a shopper in a given health class. For example: for a 30-year old non-smoker male in South Carolina with excellent health and a preferred plus health class, comparing quotes for a $500,000, 20-year term life policy, the price difference between the lowest and highest quotes is 60%. For that same shopper in New York, the price difference is 40%. Rates are subject to change and are valid as of 2/17/17.
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