By LINDSAY FRANKEL Updated
April 17, 2023 Fact checked by J.R.
DUREN Renters insurance provides essential protection for your personal belongings in addition to liability coverage to protect you from lawsuits.
It costs just $18 per month on average.
Tenants protection might pay for you to remain in a lodging in the event that your rental home is harmed.
If your landlord doesn’t require you to have renters insurance, you can buy one for less than the cost of a pizza if you want to protect your finances and have peace of mind every month.
We’ll talk about how much renters insurance costs on average in each of the 50 states, what factors affect your premium, how to save money, and how to find the best insurance company.
Average Cost of Renters Insurance Compared to homeowners insurance, which can cost thousands of dollars per year depending on where you live, renters insurance is less expensive.
The month to month normal expense of tenants protection likewise shifts by state. What you can anticipate in your region is as follows:
