Orlando, FL

Paramount on Lake Eola Apartments: Renters Insurance Guide & What It Actually Costs

Last updated Apr 15, 2026

Looking for the best renters insurance for Paramount on Lake Eola Apartments in Orlando? We break down what the lease requires, what coverage actually costs here (~$18/mo), the 5 discounts that may apply, and how the major carriers compare for your zip.

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Renters Insurance at Paramount on Lake Eola Apartments

We found a few insurance details on the Paramount on Lake Eola 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.

What Affects Your Premium Here

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

Open Access

No gated or controlled access — higher theft exposure

Dog-Friendly

Dogs allowed — consider higher liability coverage

FEMA Flood Zone

Zone X — minimal flood risk

AreaVibes

Crime grade: B+

What You'll Likely Pay

$18

Est. Monthly

$213

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 Paramount on Lake Eola Apartments based on the rent level and building features.

Personal Property

What your stuff is worth

$40,000 recommended

If you own less

$25,000

If you own more

$60,000

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 Paramount on Lake Eola Apartments:

Carrier Monthly Annual
Lemonade $11/mo $128/yr
USAA $12/mo $144/yr
State Farm $16/mo $192/yr
Progressive $17/mo $208/yr
Safeco $17/mo $208/yr
Travelers $19/mo $224/yr
Allstate $20/mo $240/yr
Nationwide $20/mo $240/yr
Farmers $21/mo $256/yr
Liberty Mutual $24/mo $289/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 $17/mo

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

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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 Orlando.

B+

Area Crime Grade

Detailed FBI property-crime data isn't available for Orlando in the latest reporting cycle, so we're showing the AreaVibes neighborhood grade as a general signal. Paramount on Lake Eola Apartments has on-site security features (Property manager on site, Video patrol, Package lockers, Sprinklers, Covered parking) that insurers recognize with premium discounts.

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.

Maintenance Issues Mentioned

On-Site Security

Property manager on site Video patrol Package lockers Sprinklers Covered parking

Flood Risk

Standard renters insurance does not cover flood damage. FEMA maps every property into a flood zone — here's what that means for Paramount on Lake Eola 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.

Fees Beyond Rent

These are the additional charges beyond base rent at Paramount on Lake Eola 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.

$80

Administrative Fee

Charged per unit.

$250

Pets Fees

Dog Fee

Charged per pet.

$350

Dog Rent

Charged per pet.

$25 / mo

Cat Fee

Charged per pet.

$350

Cat Rent

Charged per pet.

$25 / mo

Parking Fees

Garage Lot

1 space for 1br. 2 spaces for 2 br, free parking but $150 fo r additional spots

Pet Policy

Bringing a pet? Here's what Paramount on Lake Eola 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.

Cats and Dogs Allowed
$25 Monthly Pet Rent
$350 Fee
3 Pet Limit

About Paramount on Lake Eola Apartments

Year Built: 2008
Stories: 17 stories
Units: 313
Phone: (689) 219-6161

From the property listing:

Welcome to The Paramount on Lake Eola! Live in the heart of downtown Orlando, where you can enjoy sweeping views from your home with everything you need just downstairs. Residents have easy access to the on-site grocery store on the first level, can visit any of the many restaurants along E Central Blvd, and can enjoy the entertainment offered at the Walt Disney Amphitheater on Lake Eola.

Frequently Asked Questions

Does Paramount on Lake Eola Apartments require renters insurance?
We found specific coverage details on the Paramount on Lake Eola 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 Paramount on Lake Eola Apartments?
For this zip code and building type, expect to pay around $18/month ($213/year). Paramount on Lake Eola 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.
Does Paramount on Lake Eola Apartments allow pets?
Yes, Paramount on Lake Eola Apartments is pet-friendly. Here are the details: Cats and Dogs Allowed. $25 Monthly Pet Rent. $350 Fee. 3 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.
How safe is the area around Paramount on Lake Eola Apartments?
The area is fairly safe, with a B+ crime grade. On the property itself, you'll find property manager on site, video patrol, package lockers, sprinklers — features that can also qualify you for insurance discounts.
What floor plans does Paramount on Lake Eola Apartments offer?
There are 26 floor plans to choose from, spanning 1-bedroom, 2-bedroom, 3-bedroom, 4-bedroom layouts. Rent ranges from $1,845 – $8,500. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.
Is SafeButler affiliated with Paramount on Lake Eola Apartments?
No. SafeButler is not affiliated with Paramount on Lake Eola Apartments or its leasing office, property management, or owner — this page is not the official renters insurance page from Paramount on Lake Eola Apartments. SafeButler is an independent renters insurance comparison platform; the information shown here is compiled from public sources and renter quote data, not from Paramount on Lake Eola Apartments directly. For lease, payment, or maintenance questions, contact the Paramount on Lake Eola Apartments leasing office.
What is SafeButler and how does it work for Paramount on Lake Eola Apartments renters?
SafeButler helps renters at Paramount on Lake Eola 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 Paramount on Lake Eola Apartments in Orlando, 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.

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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.

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