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 is a licensed life, health, and disability insurance agent and an auto and home insurance expert. She has written extensively on insurance topics for QuinStreet’s CarInsurance.com, Insurance.com and Insure.com as well as for Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker and The Financial Gym. | Updated on: January 16, 2025 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 your coverage level, insurance provider, and personal circumstances. On average, renters in Indiana pay $269 per year or $22 per month for a policy that includes $40,000 in personal property coverage, $300,000 in liability protection and a $1,000 deductible. Key Takeaways The average cost of renters insurance in Indiana is $269 per year or $22 per month.State Farm provides the least expensive renters insurance in Indiana at an average rate of $163 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$22equalAverage renters insurance cost in Indiana by companyState Farm offers the most affordable renters insurance in Indiana at an average annual rate of $163, followed by Indiana Farmers and Farmers, based on our data.However, you should get multiple quotes from various renters insurance companies in Indiana because the prices vary greatly among carriers.Below, we have compared the average annual and monthly renters insurance rates of insurance companies across Indiana.CompanyAverage annual rateAverage monthly rateState Farm$163$14Indiana Farmers$203$17Farmers$248$21Nationwide$249$21American Family$306$25Allstate$317$26Erie Insurance$334$28Auto-Owners$378$32Indiana Farm Bureau Grp$471$39Travelers$599$50USAA$126$11 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 $249/year Estimated renters insurance rates in Indiana $21 Monthly renters insurance cost in Indiana 1% 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 $269 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 $194 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$188$16$20,000 with $500 Deductible and $300,000 Liability$207$17$20,000 with $1,000 Deductible and $100,000 Liability$176$15$20,000 with $1,000 Deductible and $300,000 Liability$194$16$40,000 with $500 Deductible and $100,000 Liability$267$22$40,000 with $500 Deductible and $300,000 Liability$288$24$40,000 with $1,000 Deductible and $100,000 Liability$249$21$40,000 with $1,000 Deductible and $300,000 Liability$269$22$60,000 with $500 Deductible and $100,000 Liability$344$29$60,000 with $500 Deductible and $300,000 Liability$366$31$60,000 with $1,000 Deductible and $100,000 Liability$321$27$60,000 with $1,000 Deductible and $300,000 Liability$344$29Average 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 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 Indiana by cityEvansvilleFishersFort WayneIndianapolisSouth BendAverage cost of renters insurance in Indiana by ZIP codeRenters insurance costs in Indiana vary by ZIP code. Below, we’ll cover which ZIP codes have the most affordable coverage and which areas have the highest premiums.Most affordable ZIP codes for renters insurance in IndianaThe amount Indiana renters pay for insurance largely depends on their ZIP code. Among all the ZIP codes analyzed, 46835 is the state’s most affordable ZIP for renters insurance, with an average annual premium of $245.Since rates differ by ZIP code, comparing quotes is one of the simplest ways to get the most affordable renters insurance policy in Indiana.ZIP codeCityAverage annual rateAverage monthly rate46835Fort Wayne$245$2046550Nappanee$247$2146943Laketon$247$2146540Middlebury$247$2146804Fort Wayne$247$2146738Altona$247$2146787South Whitley$248$2146553New Paris$248$2146761Lagrange$248$2146714Bluffton$248$21Least 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 $331 a year or $28 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$331$2846404Gary$331$2846218Indianapolis$322$2746408Gary$321$27Final thoughts: Average renters insurance in IndianaRenters insurance is essential for residents of Indiana. It safeguards possessions against damage from fire, theft, vandalism, and natural disasters, ensuring protection in unforeseen circumstances.To get the best renters insurance at an affordable price, shop around and compare quotes from various insurance carriers. In addition to insurance premiums, consider factors such as coverage options, deductibles, and customer reviews to make an informed decision.How much is renters insurance in other statesAlaska$257/YearAlabama$324/YearArkansas$363/YearArizona$260/YearCalifornia$271/YearColorado$191/YearConnecticut$292/YearDelaware$181/YearFlorida$248/YearGeorgia$352/YearHawaii$247/YearIowa$203/YearIdaho$184/YearIllinois$246/YearKansas$251/YearKentucky$207/YearLouisiana$504/YearMassachusetts$262/YearMaryland$256/YearMaine$198/YearMichigan$340/YearMinnesota$211/YearMissouri$231/YearMississippi$387/YearMontana$275/YearNorth Carolina$366/YearNorth Dakota$192/YearNebraska$295/YearNew Hampshire$173/YearNew Jersey$207/YearNew Mexico$201/YearNevada$246/YearNew York$293/YearOhio$252/YearOklahoma$281/YearOregon$288/YearPennsylvania$274/YearRhode Island$476/YearSouth Carolina$294/YearSouth Dakota$202/YearTennessee$290/YearTexas$226/YearUtah$204/YearVirginia$235/YearVermont$182/YearWashington$222/YearWisconsin$167/YearWest Virginia$248/YearWyoming$136/YearShow more Explore other insurance options in Indiana Average homeowners insurance cost in Indiana Average car insurance cost in Indiana Non-owner auto insurance in Indiana Shivani GiteContributing Writer | . .Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. 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