Home Home insurance Renters insurance Renters insurance cost Average renters insurance cost in Arkansas Average renters insurance cost in Arkansas By Shivani Gite Shivani Gite 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. | Updated on September 21, 2023 Why you should trust Insure.com Quality Verified At Insure.com, we are committed to providing honest and reliable information so that you can make the best financial decisions for you and your family. All of our content is written and reviewed by industry professionals and insurance experts. We maintain strict editorial independence from insurance companies to maintain editorial integrity, so our recommendations are unbiased and are based on a comprehensive list of criteria. Renters insurance costs in Arkansas varies depending on various factors, including the coverage amount, insurance company, and individual circumstances. But, the average renters insurance cost in Arkansas is $352 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 Arkansas USAA offers affordable renters insurance in Arkansas at an average annual rate of $234 followed by State Farm and Shelter Insurance, based on Insure.com’s analysis. But it’s smart to get multiple quotes for various renters insurance companies in Arkansas because the prices vary a lot among carriers. Below we have compared the average annual and monthly renters insurance rates of insurance companies across Arkansas. CompanyAverage annual rateAverage monthly rateUSAA$234$20State Farm$247$21Shelter Insurance$267$22Farm Bureau Mutual Ins Co of AR$292$24Nationwide$324$27Auto-Owners$384$32Allstate$399$33Farmers$421$35Travelers$847$71 Average cost of renters insurance in Arkansas by coverage level As we discussed above, in Arkansas, the average cost of renters insurance is $352 per year, that’s $85 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 $255 per year for renters insurance in Arkansas for $300,000 in liability protection and $1000 deductible. Find below the average cost of renters insurance in Arkansas for personal property coverage of $20,000 and $40,000. Coverage levelAverage annual renters insurance rateAverage monthly renters insurance rate20000$255$2140000$352$2960000$448$37 Most affordable ZIP codes for renters insurance in Arkansas How much Arkansas renters pay for insurance majorly depends on the ZIP code they live in. 72717 is the most affordable ZIP for renters insurance in Arkansas among all the ZIP codes analyzed, at about $300 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 Arkansas. ZipcodeAverage annual rateAverage monthly rate72717$300$2572703$301$2572704$302$2572774$308$2672768$310$2672736$311$2672959$312$2672760$314$2672773$314$2672727$315$26 Least affordable ZIP codes for renters insurance in Arkansas Your zip code, among other factors, affects how much you pay for renters insurance in Arkansas. 72391 is the least affordable zip code for Arkansas renters at an average cost of $401 a year or $33 monthly. We have analyzed quotes from the major insurance carriers across all the zip codes in Arkansas. Below are the average annual renters insurance costs by ZIP code. ZipcodeAverage annual rateAverage monthly rate72391$401$3372377$398$3372389$397$3372322$395$3372441$393$3372474$393$3372462$391$3372123$390$3372327$387$3272526$385$32 Renters and auto bundle discounts in Arkansas If you’re looking for ways to trim costs on your insurance premiums, consider purchasing renters and auto insurance from the same company. Bundling policies can help you save an average of 18% per year in Arkansas. State Farm offers the cheapest rate on renters and auto insurance bundle, you can save 35% a year on your premiums. CompanyAverage annual rateAverage base annual rate (without bundling)$ bundle average savings% bundle average savingsState Farm$1,936$2,966$1,03135%Shelter Insurance$2,033$2,682$64824%Farm Bureau Mutual Ins Co of AR$2,248$2,978$72924%Allstate$2,429$2,782$35313%USAA$2,808$3,277$46914%Nationwide$3,698$4,845$1,14724%Auto-Owners$4,011$4,508$49811%Farmers$4,103$5,090$98717%Travelers$7,768$8,713$94511% Final thoughts: Average renters insurance in Arkansas Renters insurance is a must-have for renters in Arkansas. 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 Arkansas. 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 statesAlaska$192/YearAlabama$250/YearArizona$177/YearCalifornia$224/YearColorado$143/YearConnecticut$200/YearDelaware$174/YearFlorida$245/YearGeorgia$234/YearHawaii$165/YearIowa$142/YearIdaho$142/YearIllinois$174/YearIndiana$187/YearKansas$176/YearKentucky$149/YearLouisiana$355/YearMassachusetts$168/YearMaryland$183/YearMaine$136/YearMichigan$253/YearMinnesota$161/YearMissouri$168/YearMississippi$288/YearMontana$192/YearNorth Carolina$183/YearNorth Dakota$126/YearNebraska$187/YearNew Hampshire$131/YearNew Jersey$148/YearNew Mexico$158/YearNevada$193/YearNew York$225/YearOhio$181/YearOklahoma$198/YearOregon$204/YearPennsylvania$186/YearRhode Island$389/YearSouth Carolina$220/YearSouth Dakota$141/YearTennessee$212/YearTexas$158/YearUtah$153/YearVirginia$177/YearVermont$142/YearWashington$182/YearWisconsin$119/YearWest Virginia$184/YearWyoming$111/YearShow moreShivani GiteContributing 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. In case you missed it What is HO-6 insurance? Average home insurance cost in 2023 What is dwelling coverage and how much do you need? Personal liability insurance: What it is and why you need it Renters insurance quotes: Compare rates Hurricanes and home insurance: 14 key questions answered Replacement cost policies for your home: Getting what you pay for How much do claims increase home insurance rates? Mobile home insurance: What does it cover and how much does it cost? Homeowners insurance basics Home Insurance Advisor The Best Cheap Homeowners Insurance of 2021: Guide How much flood insurance do I need? How to bundle home and auto insurance policies to save money The largest home insurance companies by market share Home Insurance Discounts Guide to dog liability insurance: cost and coverage Do you have an emergency go-bag? Most Americans don’t 1/1 Related Articles Personal liability insurance: What it is and why you need it By Barry Eitel Cost of living comparison by state By Chris Kissell How to find a homeowners insurance policy By Shivani Gite Home replacement cost calculator By Nupur Gambhir Renters insurance calculator: Estimate cost by state or city By Shivani Gite Mobile home insurance: What does it cover and how much does it cost? By Chris Kissell Table of contents Renters insurance companies in Arkansas Average cost of renters insurance in Arkansas by coverage level Most affordable ZIP codes for renters insurance in Arkansas Least affordable ZIP codes for renters insurance in Arkansas Renters and auto bundle discounts in Arkansas Final thoughts: Average renters insurance in Arkansas Methodology Get instant quotes now ! Please enter valid zip Get Quotes