Home Renters insurance Renters insurance cost New Jersey Highland Park, NJ How much is renters insurance in Highland Park, New Jersey Renters insurance in Highland Park costs $203 per year or $17 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: May 11, 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 Highland Park, the average cost of renters insurance is $203 annually for $40,000 in personal property, $300,000 in liability and a $1,000 deductible. It is $4 less than the state average of $207 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 Highland Park.Key TakeawaysRenters insurance costs an average of $203 per year or $17 per month in Highland Park.New Jersey Manufacturers has the cheapest renters insurance for Highland Park renters at $10 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 Highland Park?On average, renters insurance costs in Highland Park are $17 per month. It’s equals to the state average of $17. Renters in Highland Park 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 Highland Park, for example, renters pay around $12 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 $5.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 Highland Park by deductible?The average cost of renters insurance in Highland Park is $161 annually for a $500 deductible and $20,000 in personal property coverageYour deductible is the amount you must pay out of pocket before your insurance kicks in. If you raise your deductible, your premiums will decrease. For example, if you maintain $20,000 in personal property coverage but increase your deductible from $500 to $1,000, you’ll save $12 annually on your insurance.Below, you’ll find average renters insurance premiums for different personal property coverage and deductible amounts.Deductible$20,000 personal property$40,000 personal property$60,000 personal property$500$161$221$285$1,000$149$203$262Note: Liability coverage is set at $100,000.Who offers cheap renters insurance in Highland Park?Your search for affordable renters insurance ends here.New Jersey Manufacturers has the lowest rates in Highland Park, with an annual premium of $116 a year or $10 per month. Based on our data, State Farm and American Family also offer cheap rates.Below, you’ll find the average annual and monthly rates for cheap renters insurance companies in Highland Park.Renter insurance providerAverage annual rateAverage per month rateNew Jersey Manufacturers$116$10State Farm$132$11American Family$143$12Chubb Ltd$198$17Allstate$210$18Franklin Mutual$224$19Farmers$258$22Plymouth Rock Assurance$305$25USAA$188$16Tips for reducing the cost of renters insuranceHere are some tips to help reduce renters insurance costs in Highland Park: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 Highland Park.Increase deductible. Opting for a higher deductible can lower your premium in Highland Park, 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 Highland Park from multiple providers to find the best price for the coverage you need.Renters insurance in Highland Park, 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 Highland Park 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?BirminghamColumbusJersey CityLakewoodShivani 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 Highland Park?How much is renters insurance in Highland Park by deductible?Who offers cheap renters insurance in Highland Park?Tips for reducing the cost of renters insuranceMethodology ZIP Code Please enter valid ZIP See rates