Falls on Clearwood Apartments: Renters Insurance Guide & What It Actually Costs

Last updated Mar 31, 2026

Thinking about renting at Falls on Clearwood Apartments in Richardson? Rent here runs $1,125 – $1,840, and renters insurance adds about $16/mo. Below we break down which carriers are cheapest for this building and what the lease actually requires.

Get Renters Insurance for Falls on Clearwood Apartments

Compare renters insurance quotes in seconds

613 Clearwood Dr, Richardson, TX 75081

Richardson

Built 1970 2 stories 236 units
1 review Apt. Finder
$1,125 – $1,840 /month

Monthly Cost Breakdown at Falls on Clearwood Apartments

The listed rent isn't the whole number. Here's what Falls on Clearwood Apartments actually costs each month once you add required fees and insurance.

Total Monthly Cost $1,141 – $1,856
Base Rent $1,125 – $1,840
Est. Renters Insurance $16/mo

Renters Insurance at Falls on Clearwood Apartments

We found a few insurance details on Falls on Clearwood Apartments's website. Your lease may have additional requirements — treat these as a starting point.

Lease Requirements

Interested party* Add property to policy
See how your options compare. Get a quote

* An "interested party" is the property management company listed on your insurance policy. It doesn't give them any claim rights — it just means they get notified if your policy lapses, which is how the leasing office verifies you stay insured.

One thing to watch for: when you purchase your policy, most carriers have a field where you add the property as an interested party — skip that step and your proof may get rejected. It takes 30 seconds during checkout. Start a quote to see which carriers handle this automatically.

What Affects Your Premium Here

Every building is different. These factors specific to Falls on Clearwood Apartments can push your insurance cost up or down:

Older Building

Built in 1970 — older plumbing/electrical may increase risk

Open Access

No gated or controlled access — higher theft exposure

Dog-Friendly

Dogs allowed — consider higher liability coverage

What You'll Likely Pay

$16

Est. Monthly

$193

Est. Annual

$15

With Discounts/mo

$14

State Avg/mo

How Much Coverage Makes Sense

Renters insurance has two main pieces: personal property coverage, which pays to replace your belongings if they're stolen or damaged (think furniture, electronics, clothes), and liability coverage, which protects you if someone gets hurt in your unit or you accidentally damage someone else's property. Here's what we'd recommend for Falls on Clearwood Apartments based on the rent level and building features.

Personal Property

What your stuff is worth

$25,000 recommended

If you own less

$15,000

If you own more

$40,000

Liability

Covers accidental harm & lawsuits

$300,000 recommended

Dog-friendly community — higher liability recommended for pet-related incidents

How Carriers Compare for This Area

Not all carriers price the same zip code equally. Here's how the major options stack up near Falls on Clearwood Apartments:

Carrier Monthly Annual
Lemonade $8/mo $96/yr
USAA $9/mo $108/yr
State Farm $12/mo $144/yr
Progressive $13/mo $156/yr
Safeco $13/mo $156/yr
Travelers $14/mo $168/yr
Allstate $15/mo $180/yr
Nationwide $15/mo $180/yr
Farmers $16/mo $192/yr
Liberty Mutual $18/mo $216/yr

Discounts You May Qualify For

Sprinkler system
-5%
Claims-free (if applicable)
-10%
Pay-in-full annual
-7%
Paperless/autopay
-3%
Multi-policy bundle
-10%

Next Step

See if you can beat $15/mo

5 discounts may apply here. Real quotes show your actual price — estimates can't.

Compare Quotes Free · No account required

Property Crime & Theft Risk

Renters insurance pricing is driven by property crime — theft, burglary, and vehicle break-ins — not violent crime. Here's what the FBI's Uniform Crime Reporting data shows for Richardson.

On-Site Security

Sprinklers Covered parking

Fees Beyond Rent

These are the additional charges beyond base rent at Falls on Clearwood Apartments. Some are monthly, some are one-time — all of them affect your actual cost of living here.

Required Fees

Application Fee Per Applicant

$50

Administrative Fee

$150

Pets Fees

Cat Deposit

$175

Cat Fee

$175

Dog Deposit

$175

Dog Fee

$175

Cat Rent

$20 / mo

Dog Rent

$20 / mo

Amenities

Special Features

Soccer Field Bark Park Individual Climate Control Pickle Ball Court W/D Hookup Large Closets Ceiling Fan Private Balcony/Patio

Community Features

Laundry Facilities Maintenance on site Online Services Pet Play Area Business Center Walk-Up Grill Picnic Area Fitness Center Pool Playground Basketball Court Tennis Court

Floor Plan Amenities

Washer/Dryer Hookup Air Conditioning Heating Ceiling Fans Smoke Free Cable Ready Trash Compactor Storage Space Tub/Shower Fireplace Sprinkler System Dishwasher Disposal Pantry Eat-in Kitchen Kitchen Oven Range Refrigerator Freezer Carpet Vinyl Flooring Dining Room Walk-In Closets Linen Closet Window Coverings Balcony Patio

Pet Policy

Bringing a pet? Here's what Falls on Clearwood Apartments allows — and keep in mind, if you have a dog, most insurance advisors recommend bumping your liability coverage to at least $300,000. Standard renters policies cover pet-related incidents, but the default $100,000 limit may not be enough if something happens.

Dogs Allowed
$175 Deposit
$20 Monthly Pet Rent
$175 Fee
2 Pet Limit

About Falls on Clearwood Apartments

Year Built: 1970
Stories: 2 stories
Units: 236
Phone: (469) 829-6270

From the property listing:

Your next big chapter starts at Falls on Clearwood Apartments. Nestled in a prime area, our apartments in Richardson, TX, check every box spacious, inviting, and ready to accommodate your requirements. Your days here will be enhanced by a sparkling pool, a tennis court, and even covered parking options. And because life moves fast in this thriving hub, we offer short-term lease options to keep up with your pace! Your commutes have never looked this good. Enjoy a location centrally positioned between I-635 and US-75 in the heart of the innovative Telecom Corridor.

Other Options Nearby

Still weighing your choices? Other communities in Richardson — compare rent and estimated insurance cost side by side.

Frequently Asked Questions

Does Falls on Clearwood Apartments require renters insurance?
We found specific coverage details on Falls on Clearwood Apartments's website — these likely reflect lease requirements, but confirm with the leasing office. Even if it's not required, a policy typically runs under $20/month and covers you against theft, fire, and liability.
How much is renters insurance at Falls on Clearwood Apartments?
For this zip code and building type, expect to pay around $16/month ($193/year). Falls on Clearwood Apartments has security features that qualify for discounts — with those applied, you could pay as little as $15/month. For context, the statewide average is $14/month, so this building is above average.
What will I actually pay per month at Falls on Clearwood Apartments?
Plan for $1,141 to $1,856/month all-in. That's base rent ($1,125 – $1,840), plus roughly $16/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
Does Falls on Clearwood Apartments allow pets?
Yes, Falls on Clearwood Apartments is pet-friendly. Here are the details: Dogs Allowed. $175 Deposit. $20 Monthly Pet Rent. $175 Fee. 2 Pet Limit. If you have a pet, keep in mind that most renters insurance policies cover pet liability — but you may want to increase your liability limit, especially for larger breeds.
What floor plans does Falls on Clearwood Apartments offer?
There are 3 floor plans to choose from, spanning 1-bedroom, 2-bedroom layouts. Rent ranges from $1,125 – $1,840. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.

Get Renters Insurance for Falls on Clearwood Apartments

See how much you could save on renters insurance

Disclaimer

The information on this page — including rent prices, fees, floor plans, amenities, insurance requirements, and safety data — is collected from publicly available sources and may not reflect the most current details. Apartment communities may update their offerings, policies, and pricing at any time. Always confirm details directly with the leasing office or the community's official website before making any decisions.

SafeButler Inc. strives to ensure that the information on this site is up to date, but we will not be held liable for any delays, inaccuracies, errors, or omissions. This site and all materials contained on it are distributed and provided "as is" and "as available" for use. SafeButler.com makes no representations or warranties of any kind, express or implied, as to the operation of this site or to the information, content, materials, or products included on this site. You expressly agree that your use of this site is at your sole risk.

Your privacy

We use cookies to run this site, measure how it's used, and support our advertising. See our Privacy Policy for details.