Estimate your monthly premium, compare coverage options, and find the best renters insurance discounts across all 50 states. Free, fast, and accurate.
Renters insurance costs vary by up to 300% between states. Select your state to see average premiums and cheapest companies.
Use our free tools to estimate your renters insurance costs, calculate coverage needs, compare deductible options, and find discounts.
Estimate your monthly renters insurance premium based on state, coverage amount, deductible, and liability limits.
Calculate how much personal property and liability coverage you need based on your belongings and lifestyle.
Compare how different deductible amounts affect your premium and find the optimal deductible for your budget.
Estimate the additional cost of adding pet liability coverage to your renters insurance policy.
Renters insurance (also called tenant insurance) is one of the most affordable ways to protect your personal belongings and financial future. In 2026, the average renters insurance cost in the United States is approximately $18 to $25 per month, or $210 to $300 per year, according to data from the Insurance Information Institute (III) and the National Association of Insurance Commissioners (NAIC).
Despite the low cost, nearly 60% of renters in the U.S. do not carry renters insurance, often because they mistakenly believe their landlord's policy covers their personal property. This is a costly misconception — a landlord's insurance only covers the building structure, not your furniture, electronics, clothing, or other personal items.
A standard renters insurance policy includes four main types of coverage:
Renters insurance premiums vary significantly by state due to differences in crime rates, weather risks, cost of living, and state insurance regulations. For example, renters in Mississippi, Louisiana, and Oklahoma typically pay the highest premiums (often $30–$45 per month) due to high hurricane, tornado, and theft risks. In contrast, renters in Wisconsin, North Dakota, and Idaho enjoy some of the lowest rates (as low as $10–$14 per month).
Our calculators use the latest 2026 data from NAIC and III to provide state-specific estimates. Use the tools below to get a personalized quote based on your location, coverage needs, deductible preference, and whether you need pet liability add-on coverage.
Choosing a higher deductible (the amount you pay out of pocket before insurance kicks in) can significantly lower your monthly premium. For example, increasing your deductible from $500 to $1,000 can reduce your premium by 10% to 20%. However, make sure you can afford the higher deductible in the event of a claim. Our Deductible Calculator helps you find the optimal balance.
Most insurers offer multiple discounts that can reduce your premium by 15% to 30% combined. Common ones include bundling with auto insurance, installing smoke detectors or security systems, being claim-free for 3+ years, paying annually instead of monthly, and being a member of certain professional or alumni associations. Our Discount Calculator estimates your total savings.
Data sources: All calculations are based on 2026 premium data from the NAIC, Insurance Information Institute, and state insurance department filings. These figures are for reference only — always confirm final premium quotes with a licensed insurance agent.
Enter your details below to estimate your monthly renters insurance premium for 2026.
Estimate how much extra you will pay for pet liability coverage based on your dog breed, bite history, and insurer.
* Sample estimates based on recent anonymous calculations
Explore our full suite of free renters insurance tools:
Estimate your monthly renters insurance cost based on state, coverage amount, deductible, and discounts.
Calculate the extra cost of adding pet liability coverage for dogs and cats.
Compare average renters insurance costs across all 50 states for 2026.
Calculate the total value of your personal belongings to determine the right coverage amount.
Compare high vs. low deductibles to find the best balance of premium vs. out-of-pocket cost.
Estimate how much you can save by stacking renters insurance discounts.