“A standard deductible for renters insurance is $500, and most companies can even offer lower options. The main concern here is that you want to be able to access your coverage. It may be difficult to see a return with a deductible higher than $1,000, unless there is a large loss.
Since renters insurance is typically very inexpensive, lowering your deductible may not have a huge impact on your premium and it could be more beneficial to you as the insured. “