When determining the right amount of renters insurance, it's important to consider the value of your personal belongings, liability coverage, and additional living expenses coverage. A good rule of thumb is to have enough renters insurance to cover the total value of your personal belongings. This can be estimated by creating a home inventory and calculating the cost to replace your items. Additionally, consider the liability coverage you may need in case someone is injured in your rental unit. It's recommended to have at least $100,000 in liability coverage. Lastly, think about the additional living expenses coverage, which can help cover the cost of temporary housing if your rental becomes uninhabitable due to a covered loss. A common amount for additional living expenses coverage is 20-30% of your personal property coverage. Keep in mind that these are general guidelines, and the right amount of renters insurance for you may vary based on your specific circumstances. It's always a good idea to consult with an insurance agent to assess your individual needs and ensure you have adequate coverage.