Home Renters insurance Renters insurance cost Average renters insurance cost in Indiana Average renters insurance cost in Indiana Discover the average cost of renters insurance in Indiana and how factors like location and coverage levels can impact your rate. View Carriers Please enter valid zip Compare top carriers in your area Written 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. | Reviewed by Nupur Gambhir Nupur Gambhir Nupur Gambhir is an insurance expert and managing editor of Insure.com. She specializes in life and health insurance content, and has experience as a marketing consultant. | Updated on: February 10, 2026 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. Renters insurance costs in Indiana vary depending on various factors, including the coverage amount, insurance company and individual circumstances. The average cost of renters insurance in Indiana is $268 per year or $22 per month for a coverage limit of $40,000 for personal property coverage, $300,000 in liability coverage and a $1000 deductible. These are average rates, and actual premiums may differ.Key TakeawaysThe average cost of renters insurance in Indiana is $268 per year or $22 per month.State Farm provides the least expensive renters insurance in Indiana at an average rate of $176 annually.Renters insurance rates can vary significantly among insurance companies. Compare quotes to find the best deal on renters insurance in Indiana. Average renters insurance cost in Indiana per monthIn Indiana, the average monthly cost of renters insurance is $22. However, premiums can differ depending on factors such as your rental’s location, the value of your personal belongings and the level of coverage you select. Experts recommend comparing quotes from different insurance companies to find the best deal.Average renters ins cost per monthDifference compared to national average$22$2 lessPowered by:Average renters insurance cost in Indiana by companyRenters in Indiana can find the most budget-friendly insurance with State Farm, which has an average annual cost of $176, according to our data. Other affordable options include Indiana Farmers Insurance and Nationwide.It’s a good idea to gather quotes from at least three insurance providers, as each company calculates premiums differently.Below are the average annual and monthly renters insurance rates from various insurers in Indiana.CompanyAverage annual rateAverage monthly rateState Farm$176$15Indiana Farmers Insurance$235$20Nationwide$240$20Farmers$289$24American Family$311$26Allstate$323$27Erie Insurance$343$29Auto-Owners$407$34Travelers$657$55USAA*$126$11*USAA is only available to military community members and their families.Powered by: Renters insurance calculator in Indiana Select your state Indiana Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Washington, D.C. Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Personal property coverage Covers your personal belongings, such as your furniture, electronics, clothing, artwork, etc. Choose the amount you believe would cover all of your belongings. $40,000 $20,000 $40,000 $60,000 Liability Covers the medical expenses of people who are hurt while in your home or on your property, as well as damage you caused to others’ property. Also covers legal fees if you are sued by someone hurt in your home or on your property. Limits of $300,000 or $500,000 are recommended. $300,000 $100,000 $300,000 Deductible Choose the amount you want to pay out-of-pocket before insurance kicks in. This applies to your dwelling and personal belongings claims. $1,000 $500 $1,000 Calculate $247/year Estimated renters insurance rates in Indiana $21 Monthly renters insurance cost in Indiana -9% Compared to national average Get quotes Average cost of renters insurance in Indiana by coverage levelAs we discussed above, the average cost of renters insurance in Indiana is $268 per year. These rates are for a 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 $195 per year for renters insurance in Indiana, which provides $300,000 in liability protection with a $1000 deductible.Below are the average renters insurance costs in Indiana for personal property coverage amounts of $20,000 and $40,000.Coverage levelAverage annual renters insurance rateAverage monthly renters insurance rate$20,000 with $500 Deductible and $100,000 Liability$189$16$20,000 with $500 Deductible and $300,000 Liability$209$17$20,000 with $1,000 Deductible and $100,000 Liability$175$15$20,000 with $1,000 Deductible and $300,000 Liability$195$16$40,000 with $500 Deductible and $100,000 Liability$265$22$40,000 with $500 Deductible and $300,000 Liability$286$24$40,000 with $1,000 Deductible and $100,000 Liability$247$21$40,000 with $1,000 Deductible and $300,000 Liability$268$22$60,000 with $500 Deductible and $100,000 Liability$339$28$60,000 with $500 Deductible and $300,000 Liability$363$30$60,000 with $1,000 Deductible and $100,000 Liability$318$26$60,000 with $1,000 Deductible and $300,000 Liability$341$28Powered by:Average cost of renters insurance in Indiana by cityRenters insurance rates can vary widely between cities. To make finding the right policy easier, we’ve broken down the costs by city. Discover how much renters insurance typically costs in different areas of Indiana.Renters insurance rates in Indiana by citySee rates in your cityEvansvilleFort WayneIndianapolisSouth BendAverage cost of renters insurance in Indiana by ZIP codeIn Indiana, the cost of renters insurance can vary significantly across ZIP codes. Here, we’ll show you the ZIP codes where renters insurance is most affordable and where it costs the most.Most affordable ZIP codes for renters insurance in IndianaHow much Indiana renters pay for insurance depends on the ZIP code they live in. 46943 is the most affordable ZIP code for renters insurance in Indiana among all the ZIP codes analyzed, at $243 a year on average.Rates vary by ZIP code, so comparing quotes is one of the easiest ways to get the best deal on renters insurance in Indiana.ZIP codeCityAverage annual rateAverage monthly rate46943Laketon$243$2046835Fort Wayne$244$2046748Perry$247$2146590Winona Lake$247$2146714Bluffton$248$2146032Carmel$248$2146761Clearspring$248$2146738Garrett$248$2146765Leo-Cedarville$248$2146544Mishawaka$248$21Powered by: Least affordable ZIP codes for renters insurance in IndianaAmong the ZIP codes analyzed by Insure.com, the least affordable ZIP code for renters insurance in Indiana is 46282, with an average cost of $328 a year or $27 monthly.We analyzed quotes from multiple insurance providers across every ZIP code in Indiana. Below, you’l find the average annual renters insurance premiums broken down by ZIP code.ZIP codeCityAverage annual rateAverage monthly rate46282Indianapolis$328$2746402Gary$325$2747617Hatfield$308$2647439Koleen$308$2647880Shepardsville$308$2646393Wheeler$308$2647654Mackey$307$2647863New Goshen$307$2646355Leroy$306$2647878Seelyville$306$26Powered by:Final thoughts: Average renters insurance in IndianaRenters insurance is a must-have for renters in Indiana. 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. In addition to price, consider factors like coverage options, deductibles and customer reviews.Shivani 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.How much is renters insurance in other statesAlaska$269/YearAlabama$390/YearArkansas$406/YearArizona$275/YearCalifornia$300/YearColorado$224/YearConnecticut$325/YearDelaware$207/YearFlorida$215/YearGeorgia$353/YearHawaii$252/YearIowa$216/YearIdaho$190/YearIllinois$294/YearKansas$254/YearKentucky$209/YearLouisiana$579/YearMassachusetts$229/YearMaryland$251/YearMaine$211/YearMichigan$471/YearMinnesota$218/YearMissouri$249/YearMississippi$429/YearMontana$284/YearNorth Carolina$436/YearNorth Dakota$200/YearNebraska$314/YearNew Hampshire$160/YearNew Jersey$238/YearNew Mexico$195/YearNevada$263/YearNew York$328/YearOhio$255/YearOklahoma$299/YearOregon$295/YearPennsylvania$325/YearRhode Island$560/YearSouth Carolina$314/YearSouth Dakota$208/YearTennessee$309/YearTexas$223/YearUtah$246/YearVirginia$270/YearVermont$181/YearWashington$249/YearWisconsin$185/YearWest Virginia$244/YearWyoming$142/YearShow more states No matches are found You might find interesting Explore related topics Average homeowners insurance cost in IndianaBest and cheapest homeowners insurance companies in IndianaCost of Living in Indiana in 2025How much does condo insurance cost in Indiana in 2025? 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Most Americans don’t 1/1 Related Articles $400K home insurance cost calculator By Zack Sigel Cost of living by state By Chris Kissell Cost of living calculator By Nupur Gambhir How much do claims increase home insurance premiums? By Les Masterson How to file a successful mold claim By Chris Kissell Home and auto insurance bundle: Best companies and rates By Chris Kissell On this page Average renters insurance cost in Indiana per monthAverage renters insurance cost in Indiana by companyAverage cost of renters insurance in Indiana by coverage levelAverage cost of renters insurance in Indiana by cityAverage cost of renters insurance in Indiana by ZIP codeFinal thoughts: Average renters insurance in Indiana ZIP Code Please enter valid ZIP See rates (844) 761-9316