Renters Insurance Calculator
Our renters insurance calculator estimates the annual cost of contents insurance for tenants in rented accommodation. As a renter, you are responsible for insuring your own possessions — the landlord insures the building, but everything you own is unprotected without your own contents policy.
Renters Insurance Calculator
Estimate the cost of contents insurance for renters. Covers your belongings against theft, fire, and accidental damage.
What Renters Insurance Covers
Renters insurance covers your personal possessions against theft, fire, flood, and accidental damage. Standard cover includes electronics, clothing, furniture you own, jewellery, and kitchen appliances you have purchased. Many renters policies also include tenant liability cover — protecting you if you accidentally damage the landlord’s property. Without this, you could face deductions from your deposit or a landlord claim for repair costs. A renters policy covering typical possessions typically costs £80–£150 per year — one-fortieth of the potential loss from a single burglary incident. Use our Contents Insurance Calculator to model premium estimates for various cover levels, and our Landlord Insurance Calculator to understand what your landlord’s policy actually covers.
Frequently Asked Questions
Most insurers offer annual policies with monthly payment options. Some specialist renters insurance providers offer genuine monthly rolling cover — useful for short-term rentals or frequent movers.
Never — landlord insurance covers the building and the landlord’s furniture in furnished properties. It provides no protection for your personal possessions whatsoever.
Most contents policies cap payout on any one item at £1,500–£2,500 unless the item is individually specified. An engagement ring worth £5,000 or a laptop worth £1,800 would be underinsured without being listed separately.
Personal possessions cover (away from home) is an optional extension. Without it, items stolen outside the home are not covered. This extension typically adds £10–£20 per year to the premium.
Yes — you can insure your own possessions within a shared house. You are not responsible for other tenants’ possessions. Ensure the policy clearly covers a shared dwelling at your specific address.
Enter your contents value at replacement cost — what it would cost to replace everything you own at today’s prices. Electronics, appliances, furniture, clothing, and personal items add up quickly when calculated carefully. The single-article limit determines how high-value items are treated — anything above this threshold (typically £1,000-1,500) needs to be individually specified. Away-from-home cover extends protection to belongings outside the property: important for laptops, phones, and other daily-carry items. Check your tenancy agreement and confirm with your landlord what their insurance covers — buildings and fixtures are theirs, but your personal belongings and any furnishings you own are your responsibility to insure.
Important Information
This calculator is provided for general information and planning purposes only. It does not constitute financial or tax advice and should not be relied upon as such. Figures are indicative estimates based on simplified, publicly available criteria and stated assumptions. Actual results depend on your full circumstances. See our Disclaimer for further information.