Looking for renters insurance in Seattle? Want to know how to get cheap renters insurance with a top-rated company? Read on ...

What does renters insurance cover?

If you were to have a fire or a burglary in your home your landlord's insurance would not pay to replace your possessions. You need renters insurance to cover them.

Renters insurance covers your personal possessions against damage due to vandalism, theft, fire, and water damage. It also pays for damages if you are held liable for injuring another person or damaging his or her property.

Expensive items such as jewelry, furs, firearms, coin collections, securities, and silverware may have a coverage limit, so you may need to get a rider or a separate policy to cover them.

How much insurance do I need?

Your personal possessions may be worth more than you think. The average person in the U.S. has more than $21,000 worth of personal possessions.

To figure out how much renters insurance you need, go through your home and take inventory of everything you own including how much it's worth. Total up the value of your possessions to get the amount of renters insurance you need.

You may also want to take photos of your possessions to document them if you need to make a claim. Keep your inventory and photos in a safe place such as a fireproof safe or safety deposit box.

Where can I get cheap renters insurance?

The easiest way to get cheap renters insurance is to visit an online insurance comparison website. There you can get multiple quotes from a number of A-rated insurance companies and choose the cheapest one.