We have evaluated the largest renters insurance companies to provide you with average costs. Find out how much renters insurance would cost you.
We’ve done the research to help you find out how much renters insurance policy may cost. Read our guide to see factors go into determining the price for a renters policy.
If you’ve ever wondered how much renters insurance policy you need we help how to calculate how much coverage you may need for each component.
Renters insurance doesn't have to be complicated. Read our comprehensive guide to find out what renters insurance companies do and how renters insurance works.
Company ; State Farm ; Westfield ; American Family ; Auto Owners ; USAA* ; Allstate ; Country Financial ; Nationwide
Key Takeaways: ; Renters insurance costs an average of $170 per year, protecting you and your belongings when living in a rental home. ; When shopping for renters insurance, decide how much coverage you need and whether your situation requires added protection, such as flood coverage. ; Before buying a policy, get quotes from at least three insurance companies to compare rates and coverage limits.
We break down what renters insurance is, and how much renters insurance you need to potentially cover the damage or theft of your personal property.
COVERAGE AMOUNT, ANNUAL COST ; $15,000, $173 ; $30,000, $227 ; $50,000, $305
Find out how much renters insurance costs in 2024 and whether you should be paying less for your policy.
Renters Insurance Is Cheaper Than Buying New Stuff ; Renters Insurance Can Help Pay Your Legal Costs After an Accident ; Renters Insurance Can Pay for Temporary Housing