Jersey City is one of the fastest-growing cities in New Jersey, with a booming rental market stretching from Journal Square and The Heights to Newport and Downtown. With average rents well above the state median, most Jersey City renters have invested significant money in furniture, electronics, clothing, and valuables — and very few have insurance protecting any of it.

Your building's insurance covers the structure. Your landlord's policy covers their investment. Neither one covers your belongings, and neither one protects you if someone slips and falls in your apartment. Renters insurance — which typically costs less than $25 a month — fills that gap entirely.

A standard renters insurance policy typically covers:

• Personal property — furniture, electronics, clothing, jewelry, and more — if damaged or stolen.
• Liability protection — if someone is injured in your apartment and sues you.
• Additional living expenses — if you're temporarily displaced due to a covered loss like a fire.
• Guest medical protection— helps pay medical bills if a guest is injured in your home.
• Family liability protection— coverage if a family member in your household causes accidental damage or injury.
• Extended protection— computers, jewelry, furs, watercraft, and firearms can be added with extended coverage.

Renters insurance can cover virtually all of your personal possessions. Most policies provide coverage for electronic goods and equipment, small appliances, sports equipment, cameras and photography equipment, furniture, clothing, glassware and china, and books. Other items — such as computers, jewelry, furs, watercraft, and firearms — can also be covered with extended protection.

The good news? Renters insurance is one of the most affordable types of coverage available, often costing less than a few dollars a day.

We encourage every renter to spend just five minutes with a calculator and add up the cost of replacing everything they own. What if you came home tomorrow and your apartment had burned down? Where would you go? How would you pay to replace your clothing, furniture, and appliances? With the right renters policy, you can relax — and say yes to all of the above.

We compare quotes from more than 50 carriers including Chubb, Travelers, and The Hartford. As an independent agency, we work for you — not the insurance company — so we find the policy that actually fits your situation and budget.

Getting a quote takes about five minutes. Most Jersey City renters are covered for under $25 per month.