If you do choose to take the route of an added scheduled personal property coverage, then you will need to be aware of the costs associated with this coverage. First and foremost, you should note that the cost of this coverage will likely be an added cost, on top of what you already pay for your renters insurance policy. Personal property coverage costs will depend highly upon the value of the property you want insured, as well as the company you go through. As a rule of thumb, the more valuable your property, the more expensive the coverage is likely going to be. When it comes to renters insurance, if you really want coverage in the case of accidental loss of property, you need to take extra measures to get that coverage, and that will mean getting scheduled personal property coverage in addition to your renters insurance.