Most renters underestimate the value of their belongings. Use this neutral tool to calculate your real replacement cost and compare it against your current policy limits.
Beds, sofas, dining sets, dressers, and large rugs.
Wardrobe, shoes, jewelry, bags, and toiletries.
Laptops, phones, TVs, gaming consoles, and cameras.
Small appliances, cookware, linens, and cleaning tools.
Books, sports equipment, hobby gear, and decor.
Actual Cash Value only pays what your items were worth at the time of loss, accounting for depreciation. Replacement Cost coverage ensures you can buy brand-new equivalents today, which is vital for full recovery after a major claim.
Many renters choose the default $10,000 or $20,000 limit offered by insurers without doing a room-by-room inventory. Between electronics, professional wardrobes, and kitchen setups, the average one-bedroom apartment often contains over $30,000 in value.
A policy review is necessary whenever you make a significant purchase, such as a new computer or high-end furniture. Major life events like a partner moving in or moving to a larger space also signal a need to recalculate your personal property limits.
Small items add up quickly. A kitchen full of spices, utensils, and small appliances can easily exceed $2,000. Linens, towels, and cleaning supplies are often overlooked but represent a significant cost if you had to replace everything at once.