A commonly used form is the "building and personal property coverage form" (BPP).
Adding business-interruption coverage and up to $200,000 in property coverage would raise the annual premium to about $5,000.
Thus, if a renter has $25,000 in personal property coverage, he will probably have only $5,000 in additional living expense coverage.
But, Ms. Dalton said, in a few extreme cases the coverage has been priced at more than 2,000 percent of standard property coverage.
Since renter's policies do not have dwelling protection, however, the additional living expense coverage will typically be 20percentt of the personal property coverage.
The Insurance Information Institute estimates that on average, a rental policy costs between $150 and $300 a year for $30,000 to $35,000 in personal property coverage and $100,000 to $300,000 in liability insurance.
Insurers and brokers say prices for terrorism insurance are generally running from 5percentto200percentcent of the cost of a customer's standard property coverage, with many insurers charging about 20percentt for the additional coverage.
A plastics maker in Lansing, Mich., paid $388,000 for workers' compensation coverage, up from $240,000, while a manufacturer of prefabricated houses north of Detroit paid $185,000 for property coverage that last year cost $50,000.
Robert E. Mackoul, president of Mackoul & Associates, a Long Beach insurance broker, said that besides making sure the limit of personal property coverage is sufficient to cover total loss of a property, a homeowner or renter should also ensure he or she has the most comprehensive coverage available.
Autologous stem cell therapies offer less scope for intellectual property coverage and have limited scalability.
