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According to the latest data available from the Insurance Information Institute (Triple-I), the average cost of renters insurance is $ $170 per year, or about $14 per month.
The average cost of a renters insurance policy in 2023 was $148 per year, or about $12 per month, according to the most recent analysis by NerdWallet. ... If you opt for the “replacement cost ...
And it’s likely cheaper than you think: The average policy costs under $25 a month, according to Nationwide. ... Average Cost of Renters Insurance (2025), Nationwide. Accessed February 5, 2025.
The average annual premium for renters insurance in the U.S. is $173 per year. That means, on average, it could cost just about $14.50 per month for a standard HO-4 policy.
The premiums for renters insurance range from $15 to $30 per month, the National Association of Insurance Commissioners reports. ... The cost of renters insurance is small compared to the ...
Oklahoma City. Average monthly rent: $1,248 Cost of rent for next five years: $74,874 Cost of rent for previous five years: $66,264 Find Out: 5 Types of Homes That Will Plummet in Value in 2024
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