Renters Insurance in Florida

Whether you’re in Miami, Tampa, Orlando, or anywhere in between, having renters insurance in Florida is a no-brainer. It covers you a whole range of bad things that could happen—from your electronics getting damaged during a small fire to your valuables being stolen while drinking around the world in Epcot.

Let’s explore why it’s a good idea to have renters insurance in Florida. 

What does your renters insurance cover in Florida?

Renters insurance in Florida can cover your stuff in a bunch of unfortunate scenarios, plus cover you if you unintentionally harm another person or their property. Here’s exactly what Florida renters insurance coverage includes:

Personal Property

‘Personal property’ coverage makes sure your stuff, your personal belongings, is protected, whether you’re relaxing at your apartment or traipsing across Europe. So if your living room furniture is ruined due to water damage from that burst pipe, or your phone is stolen while you’re taking a trip to Berlin, your renters insurance policy has your back.

Loss of Use

What about if disaster strikes? If you can’t stay at your home because of covered losses (like a fire or windstorm), your ‘loss of use’ coverage provides reimbursements for temporary housing and additional living expenses such as food, laundry, hotel parking, and more. 

Liability coverage

If someone is injured in your apartment, or anyone on your policy causes damage to someone else’s property or stuff, your insurance company should have things like legal fees and property damage covered.

Medical Protection

Your insurer covers medical expenses if your guests get injured at your place, or if you accidentally hurt people outside of your home as well. Note that your renters insurance policy does not cover medical payments if you or someone residing with you are injured—only non-residents and guests.

What damages to my property does renters insurance protect against in Florida?

Renters insurance protects your stuff against several potential damages (or ‘perils’ in insurance speak), including theft, fire, vandalism, and water damage from things like burst pipes.

Here’s a complete list of covered perils included in your standard renters insurance policy in Florida:

• Fire or lightning
• Windstorm or hail
• Explosion
• Riots
• Aircraft
• Vehicles
• Smoke
• Vandalism
• Theft
• Falling objects
• Weight of ice, snow, or sleet
• Accidental discharge or overflow of water or steam
• Sudden and accidental tearing, cracking, burning, or bulging
• Freezing
• Volcanic eruption

Take note that there are extras that you can tack onto your renters insurance policy to protect against additional dangers, like pet damage, water damage, and earthquake damage.

How much is renters insurance in Florida?

As of 2025, the average estimated cost of Lemonade renters insurance in Florida ranges from roughly $16 to $20 a month.* But how much you pay on renters insurance will ultimately depend on how much coverage you need.

Let’s take a look at the average estimated cost of Lemonade renters insurance, in a few major Florida cities:

City	Average monthly cost*
Miami	$10 to $15
Tampa	$16 to $20
Orlando	$10 to $15

It’s important to keep in mind that your policy price depends on a lot of factors—like where you live, your deductible, and the actual amount of coverage you need.

Is renters insurance required in Florida?

No, there’s no law requiring that you purchase renters insurance in Florida, your individual landlord might specifically require it. And if your lease specifies that you need renters insurance, well… that’s that.

The good news is that it’s easy to sign up for a renters insurance policy with Lemonade, and you’ll thank yourself later if your stuff gets stolen or damaged! When signing up, your landlord might request they be added as an ‘interested party’ on your policy. This just means they’ll be kept in the loop when you make any policy changes—or if you cancel your policy. It’s super easy to add them using the Lemonade app.

Why do I need renters insurance in Florida? 

Florida is famous for its sunny beaches and vibrant lifestyle, but it also comes with its share of risks. From hurricanes and tropical storms sweeping through the state to flooding and sudden bursts of wind damage, there are plenty of reasons to protect your belongings.

A standard renters insurance policy can help cover your personal items if they’re damaged by a natural disaster, water from burst pipes, or even if they’re stolen. For example, if your place in Tampa gets burglarized while you’re out enjoying Gasparilla festivities, your policy might cover the stolen valuables.

And perils like burglary and theft in Florida might be more common than you’d think. According to the most recent report by the FBI there were 1,771 burglaries and 14,219 instances of larceny-theft reported in Miami. That’s about 33 incidents per 1,000 residents. 

Renters insurance can also offer reimbursement for additional living expenses if a covered event forces you out of your rental temporarily. That means if damage from a hurricane makes your home uninhabitable, you could be covered for the costs of a hotel stay and meals while repairs are underway.

While renters insurance can’t control Florida’s unpredictable weather, it can give you peace of mind knowing your stuff is protected when life takes an unexpected turn.

Want to learn more about Lemonade renters insurance? Check out our FAQs.

What’s the right amount of coverage to get?

There’s no easy answer to that question, and it depends on how much stuff you have to cover, and what it’s worth. As we discussed above, your policy has a few main categories: Contents (your stuff); Loss of Use (temporary living expenses); and then personal liability and medical bills.

You’re able to set the coverage limits for these categories when you sign up for a Lemonade policy. Lower coverage limits might save you a few bucks on your monthly premiums—but they might also leave you with insufficient coverage when you have to make a claim. You’ll also need to figure out your deductible. It’s a balancing act, and one that requires you to think about your property and lifestyle. Take a few minutes to apply to see your renters insurance quote to get a sense of your insurance options. 

Also, if you’ve got valuables that are especially pricey or important—things like engagement rings, fancy cameras, musical instruments, or artworks—you can add ‘scheduled personal property coverage’ for those items. At Lemonade we simply call it ‘Extra Coverage’—here’s a bunch more info about that.

How can I lower my renters insurance rate?

Renters insurance is generally quite affordable, but there are still some ways you can cut down on costs. Here are a few:

Look for discounts

Many insurers offer certain discounts that can help reduce your renters insurance premium. At Lemonade we offer discounts for the following:

• Check for security devices: Check to see if your rental property has a fire alarm or burglar alarm—you could qualify for a discount. 
• Pay in full: Paying your annual premium in full rather than month-to-month will earn you a discount with many insurance providers, including Lemonade.
• Bundle: One of the easiest ways to save money on your renters insurance is to bundle multiple policies. If you’re a renter and a pet parent in Florida, you can bundle renters with pet insurance by clicking the button below.

Adjust your deductible and coverage amounts

Raising your deductible (aka the amount you’d have to pay out of pocket if you need to file a claim) will automatically lower your premium. Lowering your total coverage amount will also save you some money. 

Just make sure that your stuff is still adequately covered should disaster strike, and that you have enough liability coverage in the event that you accidentally injure another person or their property.

Why Florida renters should go with Lemonade insurance

Getting renters insurance can be confusing, time-consuming, and flat-out boring—but with Lemonade, it doesn’t have to be. You can get a policy in as little as 90 seconds from start-to-finish, all thanks to our tech-powered approach.

Just head to the Lemonade app, answer a few questions, and AI Maya will crunch some numbers to give you a renters insurance quote. Zero paperwork or phone calls required.

If you ever need to adjust your coverage because your landlord asks you to, or realize your stuff is worth way more than you thought, you can change your coverage levels in the app  using Lemonade’s Live Policy feature.

And in those worst-case scenarios—the claims process couldn’t be simpler. Simply chat with AI Jim, Lemonade’s claims bot, and quickly tell him what happened. About 30% of claims get approved in just three seconds.

Best part? All unclaimed premiums go to a charity you choose at the end of the year. We take a fixed fee out of your monthly payments, pay reinsurance (and some unavoidable expenses), and use the rest for paying out claims. Then, we return unclaimed remainders in our annual Giveback.

Lemonade customers enjoy amazing renters insurance while society gets a little push for the better. 

Ready to get started? Get your quote today.

*Lemonade Insurance analyzed policy rates to calculate average renters premiums as of January, 2025. This analysis is based on Lemonade’s internal data and is meant for illustrative purposes only; quotes may vary depending on individual circumstances.

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A few quick words, because we <3 our lawyers: This post is general in nature, and any statement in it doesn’t alter the terms, conditions, exclusions, or limitations of policies issued by Lemonade, which differ according to your state of residence. You’re encouraged to discuss your specific circumstances with your own professional advisors. The purpose of this post is merely to provide you with info and insights you can use to make such discussions more productive! Naturally, all comments by, or references to, third parties represent their own views, and Lemonade assumes no responsibility for them. Coverage and discounts may not be available in all states.