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WebApr 12, 2024 · It is important to consider renters insurance when determining how much rent you can afford on a salary of $50,000. You may think that renters insurance isn’t necessary or that it’s too expensive; however, renters insurance provides coverage for items in your rental unit and liability protection if someone gets injured while they are visiting you. WebDec 28, 2024 · Renters insurance is relatively inexpensive. According to NerdWallet, the average renters policy costs about $15 per month for up to $30,000 in personal property … WebApr 11, 2024 · Policy limits have been changed to match the recommended amount for each renting situation. $31/month. for a couple, renting out a basement unit in Calgary, AB. … greencastle notary services