Miami, FL

Edison Place Apartments: Renters Insurance Guide & What It Actually Costs

Last updated Apr 15, 2026

Looking for the best renters insurance for Edison Place Apartments in Miami? We break down what the lease requires, what coverage actually costs here (~$19/mo), the 7 discounts that may apply, and how the major carriers compare for your zip.

Get Renters Insurance for Edison Place Apartments

Compare renters insurance quotes in seconds


Renters Insurance at Edison Place Apartments

We found a few insurance details on the Edison Place Apartments 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.

In their own words:

"Click on About Our Management Services if you’re a prospective or existing client interested in our services to owners, management fees, insurance coverage, rent collections and more."

"No, renters’ insurance is not required for residency in our community. It is, however, strongly recommended as it covers damages or loss of personal property (such as clothing, furniture, and electronics) in the event of a fire, flood, hurricane, theft and other forms of natural disasters."

"Yes, we will pay your mortgage, taxes, insurance, utilities, maintenance expenses, etc."

"Yes. TPMC is fully bonded and carries General Liability Insurance, Professional Liability Insurance and Worker’s Compensation."

What Affects Your Premium Here

Every building is different. These factors specific to Edison Place Apartments can push your insurance cost up or down:

Older Building

Built in 1989 — older plumbing/electrical may increase risk

Gated Community

Gated access reduces theft risk — may qualify for security discount

Controlled Access

Electronic/key fob entry — reduces unauthorized entry risk

Identity Theft Concerns

1 mention in reviews (mail tampering, fraud, personal info)

FEMA Flood Zone

Zone X — minimal flood risk

FBI UCR

Property crime rate: 2477/100K (57% above national average)

What You'll Likely Pay

$19

Est. Monthly

$233

Est. Annual

$17

With Discounts/mo

$16

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 Edison Place Apartments based on the rent level and building features.

Personal Property

What your stuff is worth

$30,000 recommended

If you own less

$20,000

If you own more

$50,000

Liability

Covers accidental harm & lawsuits

$100,000 recommended

Standard minimum for most lease requirements in Florida

How Carriers Compare for This Area

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

Carrier Monthly Annual
Lemonade $11/mo $134/yr
USAA $13/mo $150/yr
State Farm $17/mo $200/yr
Progressive $18/mo $217/yr
Safeco $18/mo $217/yr
Travelers $19/mo $234/yr
Allstate $21/mo $250/yr
Nationwide $21/mo $250/yr
Farmers $22/mo $267/yr
Liberty Mutual $25/mo $301/yr

Discounts You May Qualify For

Gated community
-5%
Controlled access
-3%
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 $17/mo

7 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 Miami.

Miami property crime rate

2,477

per 100K residents

57% above U.S. avg

U.S. avg is 1,578 per 100K

Breakdown per 100K residents

Burglary
232 / 200
Larceny / theft
1,994 / 1,172
Vehicle theft
252 / 206

U.S. average

Higher-than-average property crime is why insurance carriers charge more in this zip code — your premium reflects the claims frequency for the area. Edison Place Apartments also has on-site security features (Controlled access, Gated, Gated access, Sprinklers, Perimeter fencing) that insurers recognize with discounts.

Source: FBI UCR Program, Miami (2024-12 to 2025-11)

What Residents Are Saying

Based on Google reviews, here are the issues residents mention most often — and the ones that matter when choosing your coverage. Longer bars indicate more frequent discussion.

Pest Issues Mentioned
Maintenance Issues Mentioned
Identity Theft / Mail Fraud Mentioned

On-Site Security

Controlled access Gated Gated access Sprinklers Perimeter fencing

Flood Risk

Standard renters insurance does not cover flood damage. FEMA maps every property into a flood zone — here's what that means for Edison Place Apartments.

FEMA Zone X (Area Of Minimal Flood Hazard) — Minimal flood risk

Flood insurance optional but inexpensive in this zone.

Flood zone data from FEMA National Flood Hazard Layer (NFHL). Zones can change — verify at FEMA Flood Map Service.

651 NW 58th St, Miami, FL 33127

Miami

Built 1989 8 stories 200 units
3.6/5 ·27 reviews Google
2 reviews Apt. Finder
$1,316 – $2,151 /month

Monthly Cost Breakdown at Edison Place Apartments

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

Total Monthly Cost $1,335 – $2,170
Base Rent $1,316 – $2,151
Est. Renters Insurance $19/mo

Fees Beyond Rent

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

Required Fees

Application Fee Per Applicant

Charged per applicant.

$85

Pet Policy

Bringing a pet? Here's what Edison Place Apartments allows. Standard renters insurance typically covers pet-related incidents, so you usually won't need any add-on coverage for a cat.

No Pets Allowed

About Edison Place Apartments

Year Built: 1989
Stories: 8 stories
Units: 200
Phone: (786) 708-6455

From the property listing:

Experience Miami living at Edison Place Apartments—spacious 2-bedroom homes with modern interiors, open-concept layouts, upgraded finishes, and energy-efficient appliances. Enjoy a vibrant community with a state-of-the-art fitness center, on-site basketball court, landscaped grounds, secure access, and weekly resident events. Located just off I-95 near Wynwood, Downtown, and South Beach, Edison Place offers the perfect mix of affordability, comfort, and Miami’s vibrant energy.

Frequently Asked Questions

Does Edison Place Apartments require renters insurance?
We found specific coverage details on the Edison Place Apartments 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 Edison Place Apartments?
For this zip code and building type, expect to pay around $19/month ($233/year). Edison Place Apartments has security features that qualify for discounts — with those applied, you could pay as little as $17/month. For context, the statewide average is $16/month, so this building is above average.
What will I actually pay per month at Edison Place Apartments?
Plan for $1,335 to $2,170/month all-in. That's base rent ($1,316 – $2,151), plus roughly $19/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
Does Edison Place Apartments allow pets?
No, Edison Place Apartments does not allow pets.
How safe is the area around Edison Place Apartments?
Property crime in Miami runs noticeably higher than the national average — 2,477 incidents per 100,000 residents versus the U.S. average of 1,578. That's the metric insurance carriers care about most for renters coverage, since property crime (theft, burglary, vehicle break-ins) drives most claims. Burglary specifically is 232/100K here. On the property itself, you'll find controlled access, gated, gated access, sprinklers — features that can qualify for premium discounts.
What floor plans does Edison Place Apartments offer?
There are 2 floor plans to choose from, spanning 1-bedroom, 2-bedroom layouts. Rent ranges from $1,316 – $2,151. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.
Is SafeButler affiliated with Edison Place Apartments?
No. SafeButler is not affiliated with Edison Place Apartments or its leasing office, property management, or owner — this page is not the official renters insurance page from Edison Place Apartments. SafeButler is an independent renters insurance comparison platform; the information shown here is compiled from public sources and renter quote data, not from Edison Place Apartments directly. For lease, payment, or maintenance questions, contact the Edison Place Apartments leasing office.
What is SafeButler and how does it work for Edison Place Apartments renters?
SafeButler helps renters at Edison Place Apartments compare renters insurance options for their lease. On this page, renters can find lease-required coverage minimums where available, an estimated monthly premium for this address, the property's risk profile (crime and flood zone), and any discounts that apply to the building — then compare carriers side by side to find appropriate coverage levels. For renters at Edison Place Apartments in Miami, FL, SafeButler can compare price, coverage, deductible options, and any lease-required coverage minimums in a single flow. SafeButler may show quotes from carriers such as Lemonade and Liberty Mutual where available. SafeButler does not sell insurance directly and is not tied to one insurance company, so renters can choose the option that best fits their needs.

Real quotes · under a minute

Ready to lock down coverage at Edison Place Apartments?

I'll line up top carriers side by side — pre-filled for this building so the proof of insurance is one click away.

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.