Average Renters Insurance Cost in Alabama

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Renters insurance costs in Alabama varies depending on various factors, including the coverage amount, insurance company, and individual circumstances. But, the average renters insurance cost in Alabama is $343 per year or $29 per month for coverage limits of $40,000 for personal property coverage, $300,000 in liability coverage and a $1000 deductible. These are average rates and actual premium costs may differ.

Renters insurance companies in Alabama

USAA offers affordable renters insurance in Alabama at an average annual rate of $244 followed by Alfa Corporation and Nationwide, based on Insure.com’s analysis.

But it’s smart to get multiple quotes for various renters insurance companies in Alabama because the prices vary a lot among carriers.

Below we have compared the average annual and monthly renters insurance rates of insurance companies across Alabama.

Company	Average annual rate	Average monthly rate
USAA	$244	$20
Alfa Corporation	$265	$22
Nationwide	$308	$26
State Farm	$311	$26
Auto-Owners	$316	$26
Country Financial	$344	$29
Allstate	$402	$33
Farmers	$618	$51

Average cost of renters insurance in Alabama by coverage level

As we discussed above, in Alabama, the average cost of renters insurance is $343 per year, that’s $76 less than the national average. These rates are for the coverage level of $40,000 for personal property coverage, $300,000 in liability coverage and a $1000 deductible.

However, if you lower the personal property coverage from $40,000 to $20,000, you will pay $250 per year for renters insurance in Alabama for $300,000 in liability protection and $1000 deductible.

Find below the average cost of renters insurance in Alabama for personal property coverage of $20,000 and $40,000.

Coverage level	Average annual renters insurance rate	Average monthly renters insurance rate
20000	$250	$21
40000	$343	$29
60000	$439	$37

Most affordable ZIP codes for renters insurance in Alabama

How much Alabama renters pay for insurance majorly depends on the ZIP code they live in. 35043 is the most affordable ZIP for renters insurance in Alabama among all the ZIP codes analyzed, at about $290 a year on average.

Rates vary based on the zip code, that’s why comparing quotes is one of the easiest ways to get the best deal on renters insurance in Alabama.

Zipcode	Average annual rate	Average monthly rate
35043	$290	$24
35007	$291	$24
35114	$292	$24
35040	$293	$24
35178	$296	$25
35614	$304	$25
35554	$319	$27
36061	$321	$27
35062	$322	$27
35213	$323	$27

Least affordable ZIP codes for renters insurance in Alabama

Your zip code, among other factors, affects how much you pay for renters insurance in Alabama. 36528 is the least affordable zip code for Alabama renters at an average cost of $666 a year or $55 monthly.

We have analyzed quotes from the major insurance carriers across all the zip codes in Alabama. Below are the average annual renters insurance costs by ZIP code.

Zipcode	Average annual rate	Average monthly rate
36528	$666	$55
36561	$665	$55
36542	$665	$55
36509	$663	$55
36523	$662	$55
36532	$659	$55
36582	$658	$55
36580	$658	$55
36555	$654	$55
36602	$653	$54

Renters insurance rates vary from one city to another. But with Insure.com, finding the right renters insurance policy is easy. Learn more about renters insurance costs for different cities below.

Renters insurance rates in Alabama by city

Renters and auto bundle discounts in Alabama

If you’re looking for ways to trim costs on your insurance premiums, consider purchasing renters and auto insurance from the same company.

Bundling policies can help you save an average of 16% per year in Alabama. Allstate offers the cheapest rate on renters and auto insurance bundle, you can save 17% a year on your premiums.

Company	Average annual rate	Average base annual rate (without bundling)	$ bundle average savings	% bundle average savings
Allstate	$951	$1,151	$200	17%
State Farm	$1,818	$2,786	$968	35%
Farmers	$2,090	$2,360	$270	11%
USAA	$2,478	$2,749	$271	10%
Alfa Corporation	$2,493	$3,037	$544	17%
Auto-Owners	$2,575	$2,934	$359	12%
Country Financial	$2,806	$3,764	$959	25%
Nationwide	$3,200	$4,096	$896	22%

Final thoughts: Average renters insurance in Alabama

Renters insurance is a must-have for renters in Alabama. It protects your belongings in the event of damage from fire, theft, vandalism or any other natural disasters.

To find the best renters insurance at an affordable rate, shop around and compare quotes from multiple insurance companies. Consider factors like coverage options, deductibles, and customer reviews in addition to price.

Methodology

Insure.com commissioned Quadrant Information Services to gather renters insurance rates for all available ZIP codes in Alabama. These rates include a coverage limit of $300,000 for liability coverage, personal property coverage ranging from $20,000 to $40,000, and a $1,000 deductible, with credit tier alignment specified as good/none.

How much is renters insurance in other states

Alaska$192/Year

Arkansas$255/Year

Arizona$177/Year

California$224/Year

Colorado$143/Year

Connecticut$200/Year

Delaware$174/Year

Florida$245/Year

Georgia$234/Year

Hawaii$165/Year

Iowa$142/Year

Idaho$142/Year

Illinois$174/Year

Indiana$187/Year

Kansas$176/Year

Kentucky$149/Year

Louisiana$355/Year

Massachusetts$168/Year

Maryland$183/Year

Maine$136/Year

Michigan$253/Year

Minnesota$161/Year

Missouri$168/Year

Mississippi$288/Year

Montana$192/Year

North Carolina$183/Year

North Dakota$126/Year

Nebraska$187/Year

New Hampshire$131/Year

New Jersey$148/Year

New Mexico$158/Year

Nevada$193/Year

New York$225/Year

Ohio$181/Year

Oklahoma$198/Year

Oregon$204/Year

Pennsylvania$186/Year

Rhode Island$389/Year

South Carolina$220/Year

South Dakota$141/Year

Tennessee$212/Year

Texas$158/Year

Utah$153/Year

Virginia$177/Year

Vermont$142/Year

Washington$182/Year

Wisconsin$119/Year

West Virginia$184/Year

Wyoming$111/Year

Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.