Virginia Renters Insurance

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  • Virginia Renters Insurance

Virginia has the best of all words. It’s got beaches in its east, mountains in its west and populated cities like Richmond, Alexandria and Norfolk. In the wintertime, residents can hit the beach and be at a ski resort within hours. This makes deciding which property to rent may be the toughest decision. Whichever piece of land you pick up, don’t forget to bundle it with Virginia renters insurance.

Renters insurance in Virginia protects all your belongings with personal property coverage, your financial wellbeing with liability coverage and your peace of mind simply knowing you have the right policy in place.

What’s Covered With a Virginia Renters Insurance Policy?

Coverage C: Personal Belongings

As a renter, you have personal belongings and you need them to be protected in the event of a hurricane, break-in or other peril. Renters tend to undervalue their belongings, so make sure you calculate the cost of your clothes, electronics and all other personal items you keep on the property.

Coverage D: Loss of Use

If the rental unit you live in gets damaged or destroyed and you’re forced to leave your home temporarily, loss of use coverage can help with the costs of finding a new home, storage unit to store your belongings, gas and food that you wouldn’t have otherwise spent and even boarding for your pets.

Coverage E: Personal Liability

Accidents happen. It’s a fact of life. Personal liability can protect your financial well-being if a guest of another person is injured on your property and you’re found liable. This coverage is typically $100,000 and goes toward covering medical bills and legal expenses for things like dog bites and major injuries.

Coverage F: Medical Payments

Medical payments to others covers the more minor injuries that occur on your property. Unlike liability coverage, the injury doesn’t have to have been your fault. MedPay, as it’s often called, usually provides $1,000 to $5,000 that can be used for things like X-rays, physical therapy and doctor visits relating to the injury.

What’s the Average Cost of Renters Insurance in Virginia?

For about $30,000 worth of personal property coverage, $100,000 in liability coverage and another few thousand in loss of use coverage, you could secure a Virginia renters insurance policy for as little as $15 per month on average.

  • Average Renters Insurance in Virginia Cost: $15 per month

Is Renters Insurance Required in Virginia?

No, renters insurance is not required by law in Virginia, but certain landlords can require their tenants to maintain renters insurance through the lease. Even though it’s not required, getting renters insurance in Virginia is highly recommended.

How to Get Cheap Renters Insurance in Virginia

Getting cheap renters insurance Virginia is easy with Clovered. We’ve enlisted some of the state’s best companies in our online quoting platform, allowing us to compare and contrast quotes, policies and premium prices. You can rest assured knowing we can pair you with the perfect policy in minutes.

Protect Your Belongings With Renters Insurance

Averaging just $12 per month, renters insurance can protect your belongings for the cost of a few cups of coffee.

The editorial content on Clovered’s website is meant to be informational material and should not be considered legal advice.