Home Home insurance Renters insurance Renters insurance cost Texas Dallas, TX How Much is Renters Insurance in Dallas, TX By Insure.com's Editor | Posted on April 14, 2022 Why you can 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 our editorial integrity, so our recommendations are unbiased and are based on a comprehensive list of criteria. The average cost of renters insurance in Dallas, TX is $358 per year (for insurance coverage of $40,000 in personal property coverage, $100,000 in liability coverage, and $1000 as deductible) — that’s $21 less than the state average of $379 a year. It can be higher or lower depending on the coverage options you choose and the amount of liability the policy provides. If you live in a rented apartment or home, you should consider buying renters insurance because it protects your personal belongings from damage caused due to covered peril such as fire or smoke damage, theft, vandalism, and other mishaps. We did a thorough analysis of renters insurance companies to find the most affordable options for Dallas renters. Keep reading to find out the cheapest renters insurance companies in Dallas. What is the average cost of renters insurance per month in Dallas? On average, the cost of renters insurance in Dallas is $29.83 a month. It’s ~$2 less than the state average of $31.58. Renters in Dallas pay these rates for the coverage limit of $40,000 personal property coverage, $1,000 deductible and $100,000 liability protection coverage. The renters insurance rates vary by city depending on your insurance provider and the coverage limits you decide. For example, renters in Dallas pay $18.92 per month for personal property coverage of $20,000 and $1,000 deductible. However, if you decide to increase the personal property coverage limit to $40,000, you will pay ~$11 more for renters insurance. Now, you’ll have to decide how much coverage you need and how much you can afford. However, it is recommended, if your personal belongings consist of expensive jewelry, furniture, and electronics, you should choose higher coverage limits. How much is renters insurance in Dallas by deductible? The renters insurance cost in Dallas is $246 per year for a $500 deductible and $20,000 as personal property coverage. A deductible is an amount you agree to pay before your insurance company kicks in. If you increase your deductible limit, your insurance cost will go down. For instance, if the personal property coverage is the same, i.e., $20,000, but you increase your deductible limit from $500 to $1,000, you will pay ~$19 less every year for insurance. Below are the renters insurance rates for different personal property coverage and deductible amount.Deductible$20,000 personal property$40,000 personal property$60,000 personal property500$246$385$5271000$227$358$493Note: The liability protection coverage is $1,000. Read our guide to know what does renters insurance cover. Who offers cheap renters insurance in Dallas? Your search for the cheapest renters insurance company ends here. Travelers Grp offers the cheapest renters insurance in Dallas at about $231 a year or $19.25 per month. According to Insure.com data analysis, USAA Grp ranks second on our list followed by Farmers Ins Grp. Our experts at Insure.com evaluated renters insurance quotes from all the big and small insurance companies in Dallas and put together a list of the most affordable insurance carriers. Below are the average annual and monthly rates of the cheap renters insurance companies across Dallas, TX.Renter insurance providerAverage annual rateAverage per month rateTravelers Grp$231$19.25USAA Grp$243$20.25Farmers Ins Grp$250$20.83Allstate Ins Grp$447$37.25Nationwide Corp Grp$468$39.00Liberty Mut Grp$487$40.58State Farm Grp$546$45.50 How much is renters insurance in other citiesAustinChicoChula VistaFort WorthHoustonPasadenaPlanoSan AntonioSan DiegoSunnyvaleShow more Related Articles Does homeowners insurance cover storage units? By Lena Borrelli How to file a successful mold claim By Mark Vallet How to hire a public insurance adjuster after a disaster By Nupur Gambhir Guide to additional living expenses insurance By Lena Borrelli Does homeowners insurance cover theft? By Nupur Gambhir Does homeowners insurance cover code upgrades? By Nupur Gambhir Table of contents What is the average cost of renters insurance per month in Dallas? How much is renters insurance in Dallas by deductible? Who offers cheap renters insurance in Dallas? Get instant quotes now ! Please enter valid zip Get quote