Renters Insurance Chicago policies are designed to indemnify (cover your loss) you in the event of a loss to your personal property and protect you in the event you are responsible for bodily injury or property damage to others.

Also see: Rentlaw.com Illinois Guide, Homeowner's Insurance

Suppose you have visitors to your Chicago apartment or your college dorm and someone slips on a wet floor and breaks a bone? Who is responsible for the medical costs? In most circumstances you are.

Renters insurance in general provide "named peril" coverage, meaning the policy states specifically what you are insured against. Some named perils include Fire or Lightning, Smoke, Vandalism or Malicious Mischief, Theft, Accidental Discharge of Water and 10 or more others. 

Always read the contract for specific explanations of coverage and exclusions.

Chicago Renter's Insurance Costs
You might think you don't need Renter's Insurance if you rent in Chicago, Illinois, but we recommend it.  Add up the cost of your furniture, your electronic equipment, your CD/DVD collection, computer, garments and other personal property. Can you afford to replace everything in the event of a fire or burglary?  
Renter's Insurance in Chicago is relatively inexpensive. The average cost of renter's insurance is approximately $15 a month for around $30,000 worth of property coverage and $100,000 worth of liability coverage. 

Rates vary depending on coverage and your location in Illinois and the amount you want to cover. 

Illinois:  educate yourself. Inquire now - for FREE

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