The Best Cheap Renters Insurance Ohio

Your new rental should be an extension of your home. But, your landlord’s insurance may not cover all scenarios. What if you have to replace stolen items or pay for damages due to a drain backup? Nationwide offers customizable renters insurance ohio coverage at affordable rates. Plus, we have discounts available to help make it even more cost-effective. Regardless of where you’re living in Ohio – Columbus, Toledo, Dayton – get protected and start a quote today.

Does Ohio require renters insurance?

While renters insurance is not required by law in Ohio, some landlords may require it for you to live in their building. It’s generally a good idea to have at least some form of coverage as your landlord’s insurance will not cover any damage to your personal property. Your belongings will have to be replaced in the event of a fire, accident, or burglary.

Coverages provided by Ohio renters insurance

Nearly all Ohio renters insurance policies include the following four coverages:

Furniture, clothing, and electronics are all protected under personal property.

When you are unable to live in your home while it is being repaired or rebuilt as a result of a covered loss, the loss of use coverage covers your living expenses up to the limit of your policy.

You are protected financially if you are legally responsible for the injuries or damage to another person’s property.

A medical payment to others covers medical expenses caused by a covered event.

Coverage of additional topics

A policy with customized coverage limits is the best renters insurance in Ohio. Here are some extra options when you need more coverage:

A renter’s policy may have specific limits on valuable items, such as jewelry, art, and collectibles. If the value of your valuable items exceeds the limit, you may be able to add a rider to your policy to cover the item.

If you are liable for slander or defamation, you may be able to recover legal fees and damages.

Your renters policy may not cover water that backs up through sewers or drains or discharges from a sump pump. Water backup coverage may pay for water damage and water removal.

Ohio’s most common claims

In 2020, Ohio ranked eleventh in terms of vehicle thefts. If someone steals personal items from your vehicle, renters insurance may replace those items up to your policy limits, minus your deductible.

Ohio renters insurance discounts

To help lower the cost of renters policies in Ohio, Progressive offers several discounts, including:

A multi-policy approach

Request a quote in advance

Full payment is due

Gated/secured community

In Ohio, how much does renters insurance cost?

This claim can be purchased for less than $1/day. Read the disclosure attached. Renters insurance costs in Ohio are influenced by a variety of factors, including your location, coverage limits, and the number of units in your building. Learn more about renters insurance cost factors.

Ohio’s rent increase rules

If your lease specifically allows for a rent increase, your landlord cannot raise your rent during your lease.

Your landlord may raise your rent if you do not have a lease, as long as you are notified at least 30 days before your next rent payment is due.

In Ohio, when can you be evicted?

You can be evicted by your landlord for the following reasons:

Rent not paid

Lease violations

There is an expiration date on your lease

You refuse to allow your landlord reasonable access to your apartment

Non-compliance with a 30-day written notice to fix health and safety violations

Complaining about housing violations caused by you or your guests to a government agency

The landlord complies with housing laws that require alterations or demolitions of the building

Prior to starting court proceedings, your landlord must give you a written notice to leave the rental unit. The notice must be sent by registered mail or left at your residence.

Your landlord must file a “Forcible Entry and Detainer Notice” at municipal court if you do not leave. You will receive a summons five days before your court hearing.

Some Ohio Insurance Tips from Angela Beasley

Ohio’s security deposit rules

It is typical for a security deposit in Ohio to equal one month’s rent, but it can be any amount. If your security deposit is greater than one month’s rent and you stay in the unit for more than six months, you are entitled to 5% interest on the deposit that exceeds a month’s rent.

As an example, if your rent is $900 per month and your security deposit is $1,000, you’d be entitled to 5% interest on $100, or $5 annually.

When you move out, your landlord will need proper notice and a forwarding address. You will receive your security deposit minus any damages or unpaid rent after you leave. In the event that your security deposit is not the full amount, your landlord must provide an itemized statement of damages or past due rent within 30 days of your move out.

You may sue your landlord for up to twice what your landlord should have paid you plus your legal fees and costs if he does not return your security deposit and statement within 30 days.

Is it okay for a landlord to enter my apartment?

There are several reasons why your landlord may enter your apartment, except in emergency situations. These reasons include:

• Inspections on a regular basis
• Situations of emergency
• Maintenance and repairs
• Showing your rental unit to a prospective tenant or buyer.