Home Renters insurance Renters insurance cost Florida Fort Lauderdale, FL How much is renters insurance in Fort Lauderdale, FL Our data analysis shows that renters insurance in Fort Lauderdale costs $300 per year or $25 monthly, on average. 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 3, 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. Your renters insurance premium could be higher or lower depending on the coverage and liability limits you select. Purchasing renters insurance is a good idea, as it helps protect your personal property from damage or loss due to events like fire, smoke, theft and vandalism.After carefully evaluating renters insurance companies, we’ve compiled a list of the most affordable insurers for Fort Lauderdale renters. Keep reading to learn which insurers offer the lowest rates in Fort Lauderdale Key Takeaways According to Insure.com’s data study, renters insurance costs an average of $300 per year or $25 per month in Fort Lauderdale.Nationwide has the cheapest renters insurance for Fort Lauderdale renters at $12 per month.Taking advantage of discounts, such as having a security system or bundling renters insurance with other insurance policies, can help reduce your insurance premiums. What is the average cost of renters insurance per month in Fort Lauderdale?The average monthly cost of renters insurance in Fort Lauderdale is $25, which is $4 more than the state average of $21. This rate is for the coverage limit of $40,000 in personal property, $300,000 in liability protection and a $1,000 deductible.Renters insurance rates vary by city depending on the coverage and the insurance company you choose. For example, renters in Fort Lauderdale pay $17 monthly for $20,000 in personal property coverage with a $1,000 deductible. If you increase your personal property coverage to $40,000, the cost will rise by $8 more.You’ll need to determine the right amount of coverage based on your needs and budget. However, opting for higher coverage limits is recommended if you own valuable items like jewelry, furniture and electronics.How much is renters insurance in Fort Lauderdale by deductible?The renters insurance cost in Fort Lauderdale is $224 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 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, i.e., $20,000, but you increase your deductible limit from $500 to $1,000, you will pay $18 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 property$500$224$329$436$1,000$206$300$396Read our guide to know what does renters insurance cover.Who offers cheap renters insurance in Fort Lauderdale?Your search for affordable renters insurance ends here.Nationwide has the lowest rates in Fort Lauderdale, with an annual premium of $142 a year or $12 per month. Based on our data, Travelers and State Farm also offer cheap rates.After evaluating renters insurance quotes from all the national and regional insurance companies in Fort Lauderdale, the experts at Insure.com put together a list of the most affordable insurance carriers.Below, you’ll find the average annual and monthly rates for cheap renters insurance companies in Fort Lauderdale, FL.Renter insurance providerAverage annual rateAverage per month rateNationwide$142$12Travelers$190$16State Farm$269$22FedNat Holding$276$23Allstate$281$23Universal Insurance Holding$282$24Security First Insurance$298$25Progressive$315$26Amer Integrity Ins Co of FL$320$27Citizens Property Insurance$408$34HCI Group Inc$647$54Tips for reducing renters insurance costHere are some tips to help reduce renters insurance costs in Fort Lauderdale: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 Fort Lauderdale.Increase deductible: Opting for a higher deductible can lower your premium in Fort Lauderdale, 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 Fort Lauderdale from multiple providers to find the best price for the coverage you need.Final thoughtsRenters in Fort Lauderdale, FL should purchase renters insurance to protect their belongings and financial health. The cost of coverage varies based on your location, coverage limits and individual circumstances. To find the best deal, evaluate your coverage needs, compare quotes from different providers and take advantage of any available discounts.MethodologyInsure.com, with the help of Quadrant Information Services, gathered data for renters insurance rates in Fort Lauderdale 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 citiesBoca RatonHavanaMelbourneMount DoraPensacolaSan AntonioSydneyTampaShivani 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 condo (HO-6) insurance and how much does it cost? 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Most Americans don’t 1/1 Related Articles Mobile home insurance cost and coverage in 2025 By Chris Kissell Best renters insurance companies in 2025 By Shivani Gite How to prevent tornado damage By Ashlee Tilford Does homeowners insurance cover code upgrades? By Nupur Gambhir Homeowners insurance rates by state in 2025 By Jake Safane The 10 costliest wildfires By Zack Sigel On this page What is the average cost of renters insurance per month in Fort Lauderdale?How much is renters insurance in Fort Lauderdale by deductible?Who offers cheap renters insurance in Fort Lauderdale?Tips for reducing renters insurance costFinal thoughtsMethodology ZIP Code Please enter valid ZIP See rates