Two money questions come up in almost every rental I handle: "Do I really need renters insurance?" and "Is there any way around the big security deposit?" Here's the honest version of both. Renters insurance: usually required, always cheap Most Palm Beach County leases now require renters insurance — typically at least $100,000 in liability coverage — with proof before move-in. The good news: a policy usually costs about as much as a pizza per month, it covers your belongings