Philadelphia, PA

Annex Apartments: Renters Insurance Guide & What It Actually Costs

Last updated May 10, 2026

Looking for the best renters insurance for Annex Apartments in Philadelphia? We break down what the lease requires, what coverage actually costs here (~$15/mo), the 6 discounts that may apply, and how the major carriers compare for your zip.

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Renters Insurance at Annex Apartments

What Affects Your Premium Here

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

Older Building

Built in 1865 — older plumbing/electrical may increase risk

Controlled Access

Electronic/key fob entry — reduces unauthorized entry risk

Dog-Friendly

Dogs allowed — consider higher liability coverage

FEMA Flood Zone

Zone X — minimal flood risk

FBI UCR

Property crime rate: 4380/100K (178% above national average)

What You'll Likely Pay

$15

Est. Monthly

$184

Est. Annual

$14

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 Annex 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 Annex 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

Security cameras
-5%
Controlled access
-3%
Claims-free (if applicable)
-10%
Pay-in-full annual
-7%
Paperless/autopay
-3%
Multi-policy bundle
-10%

Next Step

See if you can beat $14/mo

6 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 Philadelphia.

Philadelphia property crime rate

4,380

per 100K residents

178% above U.S. avg

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

Breakdown per 100K residents

Burglary
300 / 200
Larceny / theft
3,042 / 1,172
Vehicle theft
1,038 / 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. Annex Apartments also has on-site security features (Controlled access, Concierge, Video patrol, Security cameras, Doorman) that insurers recognize with discounts.

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

On-Site Security

Controlled access Concierge Video patrol Security cameras Doorman

Natural Hazards & Your Renters Coverage

At a moderate-hazard address like Annex Apartments, the question of whether to add earthquake coverage to a renters policy isn't obvious — endorsements run roughly $50–$150 a year, and the probability of a damaging quake is real but low. Flood risk here is minimal and most other weather damage is already covered. Specifics below.

Flood damage

FEMA's flood-zone classification for this address is low-risk, which means the federal government doesn't expect significant flooding here under typical conditions. A standard renters policy still excludes flood damage, but a separate flood policy is hard to justify economically when the underlying risk is low. The zone label is below for the record.

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.

Earthquake shaking

Damaging earthquakes happen here, but not often — USGS rates the area as moderate seismic hazard. A renters earthquake endorsement is inexpensive (typically under $100 a year) and worth weighing against the value of what's actually in your unit. The math leans toward 'add it' if you have high-value electronics, instruments, or art; 'skip it' for sparse furnishings.

Moderate seismic hazard · ground motion 0.10g

Endorsements priced for renters typically run under $100 a year and only cover personal property. Whether it pays back depends on the value of what's in your unit.

Hazard data from USGS National Seismic Hazard Model. The ground-motion figure is the level USGS expects to be exceeded with about 2% probability over a 50-year horizon — the standard reference used in building codes.

Severe weather you'd actually claim for

NOAA's severe-weather record for Philadelphia County is on the calmer end of the national distribution — modest activity across most categories. Whatever does happen, your renters policy already covers it (wind, hail, lightning damage to your possessions). The five-year averages are below.

High-wind events ~13.8/yr
Hail events ~1.6/yr
Tornado events ~0.4/yr
Flood events ~10.0/yr

Source: NOAA Storm Events Database, annual averages from the past five years for Philadelphia County. Counts reflect reported events, not damage amounts.

Standard renters insurance is enough for most renters here. The earthquake endorsement is worth pricing if you'd find replacing your possessions out-of-pocket painful.

1516-1518 Spruce St, Philadelphia, PA 19102

Center City

Built 1865 4 stories 21 units
5/5 ·1 review Google
Apt. Finder
$2,025 – $2,175 /month

Monthly Cost Breakdown at Annex Apartments

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

Total Monthly Cost $2,040 – $2,190
Base Rent $2,025 – $2,175
Est. Renters Insurance $15/mo

Fees Beyond Rent

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

Pets Fees

One-Time Pet Fee

Max of 1. Charged per pet.

$500

Monthly Pet Fee

Max of 1. Charged per pet.

$25 / mo

Pet Policy

Bringing a pet? Here's what Annex 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
$500 Fee
35 lb Weight Limit
1 Pet Limit

About Annex Apartments

Year Built: 1865
Stories: 4 stories
Units: 21
Phone: (484) 383-7551

From the property listing:

ADJACENT TO THE FAMED TOURAINE APARTMENT BUILDING, SITS THE ANNEX AT THE TOURAINE, TWO MID-19TH CENTURY BROWNSTONES WHICH HAVE BEEN LOVINGLY RESTORED WITH REVERENCE TO THE ORIGINAL ARCHITECTURAL DETAILS THAT HAVE SET THEM APART THROUGHOUT TIME. ICONIC AND UNIQUE, EACH UNIT HAS MAINTAINED ITS HISTORIC CHARACTER WHILE INCORPORATING THE MOST MODERN AMENITIES AND ENVIRONMENTAL SUSTAINABILITY. WE INVITE YOU TO COME AND SEE WHY THE ANNEX AT THE TOURAINE IS TRULY HISTORY IN THE REMAKING.

Frequently Asked Questions

Does Annex Apartments require renters insurance?
We didn't find a public insurance requirement for Annex Apartments, but that doesn't mean there isn't one. Many communities add the requirement during lease signing. It's worth asking the leasing office directly — and 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 Annex Apartments?
For this zip code and building type, expect to pay around $15/month ($184/year). Annex Apartments has security features that qualify for discounts — with those applied, you could pay as little as $14/month. For context, the statewide average is $14/month, so this building is right around average.
What will I actually pay per month at Annex Apartments?
Plan for $2,040 to $2,190/month all-in. That's base rent ($2,025 – $2,175), plus roughly $15/month for renters insurance. Most apartment listing sites don't include those last two — so the sticker price can be misleading.
Does Annex Apartments allow pets?
Yes, Annex Apartments is pet-friendly. Here are the details: Cats and Dogs Allowed. $25 Monthly Pet Rent. $500 Fee. 35 lb Weight Limit. 1 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 Annex Apartments?
Property crime in Philadelphia runs noticeably higher than the national average — 4,380 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 300/100K here. On the property itself, you'll find controlled access, concierge, video patrol, security cameras — features that can qualify for premium discounts.
What floor plans does Annex Apartments offer?
There is 1 floor plan available, a 1-bedroom layout. Rent ranges from $2,025 – $2,175. Your unit size can affect your insurance cost too — a larger unit typically means more belongings to cover.
Is SafeButler affiliated with Annex Apartments?
No. SafeButler is not affiliated with Annex Apartments or its leasing office, property management, or owner — this page is not the official renters insurance page from Annex Apartments. SafeButler is an independent renters insurance comparison platform; the information shown here is compiled from public sources and renter quote data, not from Annex Apartments directly. For lease, payment, or maintenance questions, contact the Annex Apartments leasing office.
What is SafeButler and how does it work for Annex Apartments renters?
SafeButler helps renters at Annex 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 Annex Apartments in Philadelphia, PA, 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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