Home Renters insurance Renters insurance cost Washington Tacoma, WA Average renters insurance cost in Tacoma, Washington The average cost of renters insurance in Tacoma is $220 per year or $18 per month. 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: May 8, 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. In Tacoma, the average cost of renters insurance is $220 annually for $40,000 in personal property, $300,000 in liability and a $1,000 deductible. It is $15 more than the state average of $205 per year.Renters insurance costs can vary based on the coverage you choose and the amount of liability protection included in your policy. If you’re living in a rental, it’s a smart way to protect your personal belongings from things like fire, smoke, theft, vandalism, and other covered incidents. Let’s take a look at the cheapest renters insurance options in Tacoma.Key TakeawaysThe average cost of renters insurance in Tacoma is $220 annually or $18 monthly.The cheapest option for renters in Tacoma is Nationwide, offering coverage at $10 per month.Renters can reduce their insurance costs by taking advantage of discounts, such as installing a security system or bundling policies.What is the average cost of renters insurance per month in Tacoma?On average, renters insurance costs in Tacoma are $18 per month. It’s $1 more than the state average of $17. Renters in Tacoma pay these rates for a coverage limit of $40,000 in personal property coverage, $1,000 deductible, and $300,000 in liability protection coverage.Renters insurance rates can vary by city based on your insurer and the amount of coverage you choose. In Tacoma, for example, renters pay around $14 per month for $20,000 in personal property coverage with a $1,000 deductible. If you increase your coverage to $40,000, the monthly premium goes up by $4.If you own high-value items like jewelry, electronics, or designer furniture, it’s a good idea to consider higher coverage limits to make sure you’re fully protected.How much is renters insurance in Tacoma by deductible?Renters insurance in Tacoma costs $172 per year for a $500 deductible and $20,000 in personal property coverage.Your deductible is the amount you agree to pay before your insurance coverage kicks in. If you increase your deductible limit, your insurance cost will go down. For instance, if the personal property coverage is the same (e.g., $20,000) but you increase your deductible limit from $500 to $1,000, you will pay $10 less every year for insurance.Below are the renters insurance rates for different personal property coverage and deductible amounts.Deductible$20,000 personal property$40,000 personal property$60,000 personal property$500$172$236$299$1,000$162$220$279Note: The liability protection coverage is $100,000.Who offers affordable renters insurance in Tacoma?Nationwide provides the cheapest rates in Tacoma, with an annual premium of $126 or $10 per month. State Farm is the second-cheapest company, followed by PEMCO.Below is a list of the cheapest renters insurance companies and their average annual and monthly rates.Renter insurance providerAverage annual rateAverage per month rateNationwide$126$10State Farm$156$13PEMCO$167$14Allstate$193$16American Family$271$23Farmers$287$24USAA$239$20Tips for reducing the cost of renters insuranceHere are some tips to help reduce renters insurance costs in Tacoma:Bundle insurance policies. If you have other insurance policies, such as car insurance, consider bundling them with the same insurer. Many insurers offer discounts for bundling in Tacoma.Increase deductible. Opting for a higher deductible can lower your premium in Tacoma, but make sure you’re comfortable with the amount you’d pay out-of-pocket in case of a claim.Choose the right coverage. Review your policy regularly to ensure you don’t have extra coverage. For example, you might not need as much coverage for personal property if you don’t own many valuables.Avoid small claims. Filing too many small claims can increase your rates over time. Consider paying for minor damages out-of-pocket instead of claiming them through insurance.Shop around. Don’t settle for the first quote you receive. Compare renters insurance quotes in Tacoma from multiple providers to find the best price for the coverage you need.Renters insurance in Tacoma, offers valuable protection for renters at an affordable price. While premiums can vary depending on location, coverage amount and individual circumstances, the peace of mind it provides is worth the investment. By understanding your coverage needs, comparing quotes and taking advantage of discounts, you can find an affordable policy that suits your budget.MethodologyInsure.com, with the help of Quadrant Information Services, gathered data for renters insurance rates in Tacoma in 2023 for $40,000 personal property coverage, $300,000 liability coverage, and a $1,000 deductible. The data presented are those with a good credit tier alignment. How much is renters insurance in other cities?BellevueSeattleSpokaneVancouverShivani 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 condo insurance and how much does it cost? Average homeowners insurance cost by ZIP code in 2025 What is dwelling coverage and how much do you need? 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By Sarah Sharkey Cost of living comparison by state By Chris Kissell Average homeowners insurance cost by ZIP code in 2025 By Barry Eitel How much do claims increase home insurance rates? By Les Masterson On this page What is the average cost of renters insurance per month in Tacoma?How much is renters insurance in Tacoma by deductible?Who offers affordable renters insurance in Tacoma?Tips for reducing the cost of renters insuranceMethodology ZIP Code Please enter valid ZIP See rates