Updated: November 5, 2025
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MoneyGeek's renters insurance calculator will give you a customized estimate of your renters insurance costs.
It's free to use, requires no personal information and we won't send you any spam.
Rates updated:
Dec 12, 2025
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To start, select your state, choose a deductible, indicate whether you want personal belongings covered and pick a coverage package. Our calculator automatically shows estimated monthly premiums based on your inputs.
The tool provides a quick look at potential costs, whether you're browsing or deciding if you need renters insurance. Each result includes a projected premium and a MoneyGeek Score, which considers price, customer satisfaction, coverage options and financial strength. If you're new to comparing renters insurance, this breakdown shows what's available — no sign-up or personal details are required.
Crime rates, weather risks and available insurers in your area affect your costs. When you enter your location, the calculator uses regional pricing data to show you rates.
A deductible is what you pay before insurance coverage begins when filing a claim. Options range from $500 to $2,000. A lower deductible means higher premiums but less out-of-pocket expense when making a claim.
Replacement coverage protects your furniture, clothing, electronics and other belongings against damage or loss.
Each package combines personal property and liability coverage, two core types of renters insurance.
Our calculator will display renters insurance companies available in your area. Each result shows an estimated monthly premium.
Each insurer is also rated using the MoneyGeek score, which considers affordability (55%), customer satisfaction (30%), coverage (10%) and financial stability (5%).
Reviewing the premium and MoneyGeek score gives you the overall value. Enter your ZIP code to view personalized quotes from trusted providers in your area.
For example, if you're in California and select a $500 deductible, opt to cover your belongings and choose a package with $20K in personal property coverage and $100K in liability protection, our calculator generates a renters insurance estimate for those details.
Based on that scenario, your average monthly premium is about $22, with prices ranging from $11 to $48. Our tool also provides a ranked list of insurers — in this case, State Farm offers the lowest rate at $11 per month, while other providers like Allstate and USAA range from $13 to $20.
These results show you the cost and quality of each renters insurance option in one place. Use them to narrow down providers that fit your budget and coverage needs.
The amount of renters insurance you need depends on what you own and how much liability protection you want. Getting the right estimate means evaluating your belongings, risk tolerance and how much coverage would help in a worst-case scenario.
To determine how much coverage makes sense for your situation, consider these factors as you use the calculator:
Inventory everything you'd want to replace after a fire, theft or major loss. Include furniture, clothes, kitchenware, electronics and essentials. Add up replacement costs at today's prices, not what you originally paid.
If you own expensive items like jewelry, instruments, collectibles or designer pieces, check if they're covered under a standard policy. You may need extra protection or endorsements to fully cover them.
Most renters choose between $100K and $300K in liability coverage. This helps cover legal or medical costs if someone is injured in your home or if you accidentally damage someone else's property. This protection often adds little to your premium.
A deductible is what you pay before insurance coverage begins. A higher deductible can lower your monthly cost but means paying more upfront when filing a claim. Choose an amount that fits your current budget and emergency savings.
Try different coverage levels and deductible combinations in the calculator. You'll see how your estimate changes in real time, with low, high and average cost projections to help you find the right balance between price and protection. After getting your estimate, compare policies from top-rated insurers to find the best value for your coverage needs.
Two people can select the same coverage levels and receive different renters insurance quotes. Insurers consider risk factors related to location, personal profile and policy details.
Your ZIP code's crime rate or history of extreme weather affects your payment. Other factors, such as your credit (in most states), past claims, building type and pet liability for certain dog breeds, can all impact the final rate. These details help insurers assess your risk level, so quotes vary from person to person.
Whether you're new to renters insurance or checking quotes, several common questions often arise. Here's what you need to know to make smarter coverage decisions.
That depends on what your belongings are worth and how much liability protection you want. Most renters get $20,000 to $30,000 in personal property coverage and $100,000 in liability coverage. Try different coverage amounts in the calculator to see how they affect your premium.
Raise your deductible, reduce coverage limits or bundle policies with the same insurer. Living in a safer building, improving your credit (where allowed) or maintaining a claims-free history also helps.
You can explore affordable coverage options that still offer solid protection. The renters insurance cost calculator lets you try different scenarios to find what fits your budget.
List everything you'd want to replace: furniture, clothing, kitchenware, electronics, etc. Assign current replacement costs to each item. This helps determine how much personal property coverage to select.
Some providers offer lower prices, while others excel in customer service or coverage options. Our best renters insurance rankings reflect these differences, and the calculator helps you find top-rated options based on your needs and budget.
Although it's not legally required, many landlords include renters insurance in lease terms. Requirements vary, with some landlords requesting higher coverage limits or specific features. Even when optional, coverage protects you financially against unexpected events.
Our renters insurance calculator provides clarity, not clutter. It's free, easy to use and doesn't require personal details. There's no spam, no commitment and no guesswork — just straightforward insights to help you understand your options and potential costs.
The data behind our tool makes it reliable. Unlike calculators based on broad national averages, MoneyGeek's tool pulls real quotes from licensed insurers and reflects current market trends. Providers are rated using the MoneyGeek Score, a transparent, independently developed system that helps you assess options based on both cost and value.
Our calculator updates regularly to reflect the latest pricing across regions. Whether planning a move or reviewing current coverage, this tool gives you trustworthy data without requiring personal information.
