Try this site where you can compare quotes from different companies: WWW.INSUREINFO.INFO How much renters insurance coverage are apartment complexes allowed by law to tell the renter they have to car? I was told by a apartment complex that I had to have $3,000,000 worth of coverage in my policy. Is this amount allowed by law? I ve never heard of such a large policy amount for renter s insurance. BTW, I live in north Texas.