A legal obligation exists when not fulfilling that obligation would have legal consequences. Let's say a parent abandons their child. There would be consequences in the sense that many people would think less of them. There is no legal obligation to be a good parent. However, there is a legal obligation to provide for your child's material needs. If you don't, you risk legal consequences such as wage garnishment. Written Aug 8, 2015 Â· View Upvotes.
Florida Yearly Average. The average cost for renters insurance across the United States is $188 per year, but Florida renters pay a bit more, with an average of $208 per year. Make sure you're getting the best rate on renters insurance by comparing quotes from several companies before you purchase a policy.
Further, the cost of renter's insurance depends on the insurance company selected. According to Independent Insurance Agents & Brokers of America (IIAB), the average cost for renter's insurance is about $12 per month for $30,000 worth of property coverage and $100,000 of liability coverage. renter can choose to insure only certain items and leave others uninsured. Even if the renter has $45,000 worth of possessions, he does not have to use that value as the policy coverage amount. He may instead decide to insure them for only $20,000 or $30,000, which would hold down the cost of the policy.