How much is renters insurance in Dallas, Texas

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The average cost of renters insurance in Dallas, Texas is $213 per year – $10 less than the state average of $223 annually.

A renters insurance policy protects your personal belongings from events like fire, smoke, theft, and vandalism, and provides liability coverage if you’re found responsible for injuring someone or damaging their property.

Your rate will vary based on the insurer you choose, your deductible, coverage limits, ZIP code, and the discounts available to you.

How to get the best deal for renters insurance in Dallas

Get quotes from at least three insurers before committing – rates can vary dramatically for the same coverage, and the difference can add up to hundreds per year.
Ask about bundling discounts if you carry auto or other insurance – placing multiple policies with one provider usually brings your rate down.
Try increasing your deductible to $1,000 if you’re currently at $500 – the annual savings can reach $14.
Check whether your building’s safety features – deadbolts, smoke detectors, or a security system – qualify you for a discount.
Pay your premium in full for the year rather than splitting it into monthly payments – most insurers reduce the rate for upfront payment.

What is the average cost of renters insurance per month in Dallas?

Renters insurance costs in Dallas depend on both your insurer and the coverage level you choose. The average monthly rate for a policy with $20,000 in personal property coverage and a $1,000 deductible is $12.

Stepping up to $40,000 in personal property coverage adds roughly $6 more per month, bringing the typical premium to $18 – which includes $40,000 in personal property coverage, $100,000 in liability protection, and a $1,000 deductible. That’s $1 less than the state average of $19.

Key takeaways

Renters insurance protects your personal belongings and provides liability coverage within your rental
The average annual cost of renters insurance in Dallas is $213
Progressive has the most competitive rates in the city
Your premium is influenced by your insurer, coverage limits, ZIP code, and available discounts
If you own valuable items like jewelry, electronics, or furniture, higher coverage limits are worth considering

How much is renters insurance in Dallas? Rates by deductible

In Dallas, a renters insurance policy with $20,000 in personal property coverage and a $500 deductible averages $162 per year.

Your deductible is what you contribute before your insurer covers the rest of a claim. Opting for a higher deductible is one of the quickest ways to reduce your premium – moving from $500 to $1,000 can cut $14 from your yearly cost.

The table below outlines average premiums by coverage amount and deductible.

Deductible	Rates with $20,000 personal property	$40,000 personal property	$60,000 personal property
500	$162	$234	$297
1000	$148	$213	$274

Who offers affordable renters insurance in Dallas?

For the lowest rates in Dallas, Progressive leads the way at $209 annually or $17 per month. State Farm is the next most affordable option, followed by Allstate.

Below is a comparison of the most affordable renters insurance providers in Dallas, including average annual and monthly rates.

Renter insurance provider	Average annual rate	Average per month rate
Progressive	$209	$17
State Farm	$259	$22
Allstate	$262	$22
Nationwide	$319	$27
Farmers	$408	$34
USAA*	$115	$10

*USAA is only available to military community members and their families.

How to lower the cost of renters insurance

You can lower the cost of renters insurance by shopping around, bundling policies, and going for a higher deductible.

Bundle policies. Combining your renters, auto, or other coverage under one insurer typically earns you a discount across your policies.
Increase your deductible. Opting for a higher deductible will reduce your premium immediately – provided you’re confident you can cover that amount if a claim arises.
Choose the right coverage amount. Look over your policy every year. If your possessions are modest in value, there’s a good chance you’re paying for more personal property coverage than you actually need.
Avoid filing small claims. Submitting several small claims over time can accelerate rate increases more than a single larger claim. Where the cost is manageable, paying directly is often the smarter move.
Improve your credit score. Insurers in most states incorporate your credit score into their pricing. Improving it is one of the more impactful steps you can take to reduce what you pay.
Compare quotes every renewal. Your rate today may not be the best rate available. A few minutes spent comparing quotes at each renewal can add up to significant annual savings.

Renters insurance replaces what you own if it’s stolen or damaged, and it covers you financially when you’re liable for someone else’s loss. Getting quotes from multiple insurers and making use of available discounts are the most straightforward ways to secure a fair rate.

Frequently asked questions

Is renters insurance required in Dallas?

It isn’t required by state law, though some landlords make it a condition of renting. Either way, a policy provides valuable protection for your belongings and covers you if a visitor is injured on your property.

What does renters insurance cover?

Renters insurance covers personal belongings lost or damaged through covered events, liability if you’re held responsible for injury or property damage, and temporary housing costs if your rental becomes unlivable after a covered incident.

How much renters insurance do I need?

A good starting point is enough to replace all of your possessions. For anyone with higher-value items – think electronics, jewelry, or collectibles – it’s worth looking at higher limits or adding scheduled item coverage.

Who has the cheapest renters insurance in Dallas?

Progressive offers the most affordable rates in Dallas, averaging $17 per month.

Methodology

Insure.com partnered with Quadrant Information Services to collect renters insurance rate data for Dallas, based on a policy with $40,000 in personal property coverage, $300,000 in liability coverage, and a $1,000 deductible. All rates correspond to a good credit tier profile.

How much is renters insurance in other cities?

See rates in your city

Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.