Effortlessly Insure Apartments with This Game-Changing Calculator
Real-World Examples and Data
According to a study by ValuePenguin, the average cost of renters insurance in the U.S. is approximately $168 per year2. However, prices can vary significantly based on location, coverage limits, and the deductible chosen. For instance, renters in Mississippi might pay around $252 annually, while those in North Dakota could see rates as low as $1152. Using a calculator, you can easily see these options and adjust your coverage to suit your financial situation.