How much is Renters Insurance in NYC?

Mar 01, 2019

01 Mar
Understanding Insurance

How much is Renters Insurance in NYC?

by Jane Donahue

You rent in the city and you want protection for your things. How much is renters insurance in NYC? How much should you pay? What kind of protection will a typical policy provide? What should I know about renters insurance before I make a decision?

Answers to all these questions and more can be found below. TSC Direct has been insuring renters, co-op owners, condo owners, and homeowners since 1986, so we know a thing or two about renters insurance in NYC!

What Renters Insurance?

First things first: What is renters insurance?

A renters insurance policy is a group of coverages that are designed to protect renters and their belongings. A typical policy will provide liability coverage, protection for your possessions, and coverage for expenses incurred should the place you are renting become uninhabitable for a period of time.

How expensive is Renters Insurance in NYC?

It’s important to remember that not all renters insurance policies in NYC are created equal. The price you pay has a lot to do with the policy’s coverage limit. Higher limits on a policy mean higher premiums.

The three factors that will determine how much you pay are: the coverages you select, how much coverage you buy ($25,000; $50,000; $100,000, etc.) and the deductible you select. In New York City, a typical renters insurance policy with minimal coverage will cost around $125 a year.

The more things you want to protect, the more expensive your insurance is going to be. If, for example, you work from home and your apartment has expensive equipment in it, you may opt for a policy with greater coverage limits. If you’re a musician and you have a $20,000 mixer in your apartment, the same rule applies.

Have any other questions about renters insurance in NYC? TSC Direct can help find the policy that’s best for you.

Affordable Renters Insurance in NYC from TSC Direct

TSC Direct has been serving New Yorkers since 1986 with renters insurance in NYC as well as homeowners, condo and co-op policies. We’re selective in who we cover so we can offer the lowest possible rates.

See how much you can save by switching to TSC Direct by getting in contact with us below!
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Since 1986, we have offered the most competitive rates in auto and homeowner's insurance in the New York metropolitan area. Why should everything cost more just because we live in the greatest city in the world? Take 2 minutes and get a free quote today.

As of December 31, 2017, Tri-State Consumer Insurance Company, known by its trade name, TSC>Direct, had admitted assets of $104,143,929 and policyholders surplus of $45,194,317. Its total liabilities were $58,949,612 including $42,833,754 in reserves.


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Providing auto and homeowners insurance to: New York City, Queens, Manhattan, Brooklyn, Bronx, Staten Island, and Nassau & Suffolk Counties in Long Island. Providing homeowners insurance also to: Westchester County and Orange County NY.