The invoice is determined by the information provided in your application and your co-tenants' applications, your lease details, and the amount of coverage requested by the building.
The cost of your policy is primarily determined by:
- You and your co-tenants' credit scores and employment statuses
- The monthly rent for the lease
- The length of the lease
- The level of policy protection requested by your building
The cost is not affected by:
- Your income or financial assets
- Your responsible party's income or assets
- How many co-tenants you have
In the vast majority of cases, providing additional documentation for yourself or a responsible party will not affect the cost of your policy. However, changes in your co-tenants, lease details or the amount of coverage requested by your building can cause your invoice amount to change.