Renters insurance calculator
Estimate your renters insurance cost based on your belongings and location. See what coverage you actually need.
Your renters insurance estimate
Enter your personal property value by category to get an accurate estimate.
Estimate your property values
This is an estimate for informational purposes only based on national and state averages. Actual rates vary by insurer and individual circumstances. For an accurate quote, contact a licensed insurance agent.
How renters insurance is priced
Renters insurance is the most affordable type of insurance most people can buy. The national average is $22/month or $263/year. Prices are driven by the total value of your belongings, your location (state and city), your chosen deductible, and whether you choose replacement cost or actual cash value coverage.
Property value is the primary driver
The more stuff you have, the more it costs to insure. Most people significantly underestimate how much their belongings are worth. Do a quick room-by-room inventory: laptop ($1,400), TV ($800), couch ($1,200), clothes ($2,000), kitchen appliances ($1,500), bike ($600). It adds up faster than you think. Our calculator walks you through each category to help you arrive at a realistic total.
State pricing differences
Louisiana ($28/month) and Oklahoma ($28/month) are among the most expensive states for renters insurance due to storm risk. Hawaii ($16/month) and North Dakota ($15/month) are cheapest. If you live in a high-risk state, the cost difference versus a low-risk state is often only $5–10/month — still excellent value for the coverage.