Renters Insurance


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As an independent insurance agency, we are associated with over 50 top rated insurance companies that offer the products that most appropriately meet the needs of our clients. Contact us today for a FREE quote!

Independent Agency

Unlike a captive agency that only represents one company, we are an independent insurance agency allowing you the choice of company, policy, and pricing. Our team is staffed with proven professionals to help guide you through the quoting process. We find the coverages you need at the prices you want. Once you become a client we are committed to providing you with the quality service you expect.

Insurance Policy

Customize Your Coverage

When you insure with us you have choices! Quote over 50 top rated insurance companies and choose the coverages you want and need when insuring your assets.


Best Price Available

We quote all of our companies to ensure we are finding you the coverage you want at the best price possible. Our team continues this effort by checking rates at each policy renewal!


Claims Service Team

Our service team is here to help! From start to finish we will guide you through the claims process and keep communications open to service you – our client.

Renters Insurance

Renters insurance is a vital financial safeguard for individuals who don’t own their homes but still want to protect their belongings and themselves. Renters insurance is a type of insurance policy designed specifically for those who rent a house or apartment. It provides coverage for personal liability, personal property, and additional living expenses resulting from covered perils such as theft, fire, vandalism, or certain natural disasters. It also protects against lawsuits in case someone gets injured while visiting your rented property.

While renters insurance is not mandatory by law, many landlords and property management companies require tenants to have it as part of their lease agreement. Even if not explicitly required, it is highly recommended to have renters insurance since it offers invaluable protection for your personal belongings and can provide liability coverage if someone gets injured on your rented property.

Renters insurance typically consists of three main components: personal property coverage, personal liability coverage, and additional living expenses coverage.

Personal property coverage: This aspect of renters insurance protects your personal belongings, such as furniture, electronics, clothing, and more, from covered perils like fires or theft, both inside and outside your rented property.

Personal liability coverage: This coverage helps protect you in case you accidentally cause bodily injury or property damage to someone else. It can cover medical expenses, legal fees, and settlements up to your policy’s limits.

Additional living expenses coverage: If your rented property becomes uninhabitable due to a covered peril, this coverage helps pay for additional living expenses, like hotel bills or food costs, until you can move back in.

It’s crucial to carefully review your policy to understand its specific coverage limits, exclusions, and deductibles, as these may vary between insurance providers.

The cost of renters insurance can vary based on several factors, including your location, the coverage limits you choose, your deductible amount, and any additional endorsements or riders you opt for. On average, renters insurance costs around $15 to $30 per month, which is a relatively small amount compared to the protection it provides for your possessions and liability coverage. Also, choosing the right renters insurance policy requires some consideration. Here are a few key steps to guide you:

By following these steps, you can make an informed decision and choose the right renters insurance policy that suits your unique needs and budget. Renters insurance offers crucial financial protection for individuals who rent their homes. Understanding what renters insurance covers, its costs, and how to choose a suitable policy empowers you to safeguard your belongings and protect yourself from potential liabilities while renting. Consult with our insurance professionals to ensure you make the best choice tailored to your specific circumstances.

Insurance Services

At Insurance Group of Minnesota LLC, our policies are tailored to meet the unique needs of each customer. We offer flexible coverage options, competitive rates, and exceptional customer service to ensure that our clients have the peace of mind they need to enjoy their homes with confidence. Our renters insurance products can provide additional insurance coverages including:

    • Personal property coverage
    • Liability coverage
    • Additional living expenses coverage
    • Loss of use coverage
    • Medical payments coverage
    • Ordinance or law coverage
    • Identity theft coverage
    • Water backup coverage
    • Valuable items coverage
    • Earthquake coverage
    • Flood coverage
    • Personal injury coverage
    • Replacement cost coverage
    • Business property coverage
    • Pet liability coverage
    • Renters liability endorsement
    • And more!

    Learn More

    With countless options and so much jargon to sift through, navigating the world of insurance can be daunting. But fear not! Our team of experts is here to help you learn more about insurance and the multiple companies and products available to you. View our Blog page to read more!