How much is renters insurance per month for an apartment? Surprisingly, not much – it’s less than $30 a month, on average . However, depending on where you live and the amount of coverage you get, it might be more or less.
Which is the most expensive state for renters insurance?
Some states are more expensive than others when it comes to what you pay. Compared to the national average of $326 for apartment renters insurance, New Jersey, Tennessee and Utah are about average for that coverage level. Mississippi, Louisiana and Oklahoma are the most expensive, at between $540 and $580 a year.
Where do I get renters insurance quotes from?
Renters coverages are written through non-affiliated insurance companies and are secured through the GEICO Insurance Agency, Inc. The information you provide will be shared with our business partners so that they can return a quote.
What does renters insurance do to your property?
It pays to replace or repair your belongings, up to your policy limits, should they be damaged or stolen. Additionally, renters insurance helps pay for repairs if you accidentally damage others’ property. It also pays for a guest’s medical bills if you’re found responsible for his or her injuries.
How much does renters insurance cost in Louisiana?
Average cost of renters insurance by state State Average yearly renters insurance cost Average monthly renters insurance cost Difference from national average Rank Louisiana $235 $20 31% 4 Texas $232 $19 29% 5 Georgia $219 $18 22% 6 Arkansas $212 $18 18% 7
How much does renters insurance cost in Alabama?
Average renters insurance rates by state State Average monthly cost Average annual cost Alabama $29 $346 Alaska $16 $187 Arizona $17 $204 Arkansas $30 $360
How much does renters insurance cost in Washington State?
State Average annual renters insurance cost Average monthly renters insurance cost Difference from national average annual Washington $160 $13 -$19 West Virginia $189 $16 $10 Wisconsin $143 $12 -$36 Wyoming $146 $12 -$33
