Renters Insurance Calculator
Project your monthly renters insurance rate based on personal property value, liability limit, and residence type. Instant, anonymous, and 100% browser-calculated.
Rental Location & Belongings
* Tenant rate results are modeled estimations based on state averages, not binding policy quotes.
Compare local insurance rates with vetted state-licensed carriers
Learn about our independent valuation standards →Why Renters Need Coverage
Many renters assume their belongings are not worth insuring, but replacing all your wardrobe, electronics, kitchen appliances, and furniture out-of-pocket after a fire or water leak typically costs between $20,000 and $45,000.
Personal Property Protection
Covers your belongings against fire, smoke, theft, vandalism, electrical surges, and plumbing bursts.
Personal Liability Defense
Shields you from lawsuit judgments if someone slips in your apartment or your pet causes accidental injury.
Temporary Relocation Costs
Pays hotel lodging and food stipends while your apartment complex repairs smoke or structural damage.
Worldwide Off-Premises Shield
Protects items stolen from your car trunk, luggage during flights, or hotel rooms worldwide.
Top State Calculators
Explore state-specific tenant rates and apartment coverage averages:
- Texas Renters$23/mo →
- California Renters$20/mo →
- Florida Renters$24/mo →
- New York Renters$21/mo →
- Georgia Renters$23/mo →
- Illinois Renters$18/mo →
- Ohio Renters$16/mo →
- Michigan Renters$21/mo →
Auto + Renters Bundle
Bundling auto with renters insurance often creates an auto discount that completely pays for the cost of the renters policy!
Calculate Auto Insurance →State-by-State Renters Insurance Rate Directory
Select your state below for tailored tenant property rate averages, lease requirements, and local benchmarks.
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Renters Insurance Frequently Asked Questions
Clear, unbiased answers regarding insurance calculations, coverage factors, and rate dynamics.
How much does renters insurance typically cost?
Renters insurance is one of the most affordable insurance products in America, averaging between $15 and $22 per month ($180 to $260 annually) for standard coverage including $30,000 in personal property protection and $100,000 in liability.
Does my landlord’s insurance cover my personal belongings?
No. Your landlord’s policy only covers the physical building structure and common areas. It does not cover your clothes, laptop, furniture, phone, or personal liability if a guest is injured inside your rental unit.
What is "Loss of Use" coverage in a renters policy?
Loss of Use (Coverage D) pays for reasonable additional living expenses—such as hotel rooms, temporary apartment rentals, and extra meal costs—if your rented apartment becomes uninhabitable due to a covered hazard like a fire or pipe freeze.
Does renters insurance cover theft outside of my apartment?
Yes! Most renters policies provide off-premises personal property protection. If your bicycle is stolen from work or your laptop is stolen from your car trunk or while traveling, your renters policy typically covers it (subject to your deductible).
Can roommates share a single renters insurance policy?
While some insurers allow roommates on the same policy, insurance experts generally recommend each adult have their own individual policy. Sharing a policy can complicate claims payouts, limits, and deductible disputes.