How Much Renters Insurance Do You Need?
There are two ways to determine how much insurance you need:

Take a complete inventory of your possessions, listing each item, when you acquired it and the purchase price or current value. Totaling up the amounts of these items will give you a rough idea of what your property is worth. Once this is done, put your inventory in a safe place away from home -- for example, in a bank safe deposit box. Consider adding photos to your inventory -- they can help if you have a claim. Ask your agent to help you estimate the total value of your belongings. A system is available to help you determine the approximate cost of replacing your possessions based on the size or number of rooms in your dwelling.

Something to Keep in Mind
Coverage for certain types of property has a dollar limit. Here is a typical list of the types of property that may have "special limits" in a renters policy:

Money, bank notes, coins Business property (on and off premises) Securities, negotiable instruments Watercraft, including trailers, furnishings and equipment Trailers (other than boat trailers) Jewellery and furs Firearms (limitation applies to theft only) Silverware and goldware (limitation applies to theft only)

If you have this type of property, you may need special coverage -- either an endorsement or a personal articles policy. Ask a State Farm agent about these items.