How much does renters insurance cost?

Costs vary but are generally affordable, averaging between $15 to $30 per month, depending on coverage and location.

Renters insurance is relatively affordable, with policies averaging $15 to $30 per month. The cost depends on factors like your location, the value of your belongings, and the amount of coverage you choose.

A policy with $30,000 in personal property coverage and $100,000 in liability coverage might cost around $20 per month, depending on your location and insurer.

Compare quotes from different insurers to find a policy that fits your needs and budget. Ask about discounts for bundling with auto insurance.