Home Home insurance Renters insurance Renters insurance cost Average renters insurance cost in Indiana Average renters insurance cost in Indiana Discover the average cost of renters insurance in Indiana and how factors like location and coverage levels can impact your rate. 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. | Updated on: January 16, 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. Renters insurance costs in Indiana vary depending on various factors, including the coverage amount, insurance company and individual circumstances. The average cost of renters insurance in Indiana is $269 per year or $22 per month for a coverage limit of $40,000 for personal property coverage, $300,000 in liability coverage and a $1000 deductible. These are average rates, and actual premiums may differ. Key Takeaways The average cost of renters insurance in Indiana is $269 per year or $22 per month.State Farm provides the least expensive renters insurance in Indiana at an average rate of $163 annually.Renters insurance rates can vary significantly among insurance companies. Compare quotes to find the best deal on renters insurance in Indiana. Average renters insurance cost in Indiana per monthIn Indiana, the average monthly cost of renters insurance is $22. However, premiums can differ depending on factors such as your rental’s location, the value of your personal belongings and the level of coverage you select. Experts recommend comparing quotes from different insurance companies to find the best deal.Average renters ins cost per monthDifference compared to national average$22equalAverage renters insurance cost in Indiana by companyRenters in Indiana can find the most budget-friendly insurance with State Farm, which has an average annual cost of $163, according to our data. Other affordable options include Indiana Farmers and Farmers.It’s a good idea to gather quotes from at least three insurance providers, as each company calculates premiums differently.Below are the average annual and monthly renters insurance rates from various insurers in Indiana.CompanyAverage annual rateAverage monthly rateState Farm$163$14Indiana Farmers$203$17Farmers$248$21Nationwide$249$21American Family$306$25Allstate$317$26Erie Insurance$334$28Auto-Owners$378$32Indiana Farm Bureau Grp$471$39Travelers$599$50USAA$126$11 Renters insurance calculator in Indiana Select your state Indiana Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Washington, D.C. Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Personal property coverage Covers your personal belongings, such as your furniture, electronics, clothing, artwork, etc. Choose the amount you believe would cover all of your belongings. $40,000 $20,000 $40,000 $60,000 Liability Covers the medical expenses of people who are hurt while in your home or on your property, as well as damage you caused to others’ property. Also covers legal fees if you are sued by someone hurt in your home or on your property. Limits of $300,000 or $500,000 are recommended. $300,000 $100,000 $300,000 Deductible Choose the amount you want to pay out-of-pocket before insurance kicks in. This applies to your dwelling and personal belongings claims. $1,000 $500 $1,000 Calculate $249/year Estimated renters insurance rates in Indiana $21 Monthly renters insurance cost in Indiana 1% Compared to national average Get quotes Average cost of renters insurance in Indiana by coverage levelAs we discussed above, the average cost of renters insurance in Indiana is $269 per year. These rates are for a coverage level of $40,000 for personal property coverage, $300,000 in liability coverage and a $1000 deductible.However, if you lower the personal property coverage from $40,000 to $20,000, you will pay $203 per year for renters insurance in Indiana, which provides $300,000 in liability protection with a $1000 deductible.Below are the average renters insurance costs in Indiana for personal property coverage amounts of $20,000 and $40,000.Coverage levelAverage annual renters insurance rateAverage monthly renters insurance rate$20,000 with $500 Deductible and $100,000 Liability$188$16$20,000 with $500 Deductible and $300,000 Liability$207$17$20,000 with $1,000 Deductible and $100,000 Liability$176$15$20,000 with $1,000 Deductible and $300,000 Liability$194$16$40,000 with $500 Deductible and $100,000 Liability$267$22$40,000 with $500 Deductible and $300,000 Liability$288$24$40,000 with $1,000 Deductible and $100,000 Liability$249$21$40,000 with $1,000 Deductible and $300,000 Liability$269$22$60,000 with $500 Deductible and $100,000 Liability$344$29$60,000 with $500 Deductible and $300,000 Liability$366$31$60,000 with $1,000 Deductible and $100,000 Liability$321$27$60,000 with $1,000 Deductible and $300,000 Liability$344$29Average cost of renters insurance in Indiana by cityRenters insurance premiums can vary widely between cities. To help you choose the right policy, we’ve compiled average costs by location. Explore renters insurance rates across various cities in Indiana and find the best fit for your budget.Renters insurance rates vary from one city to another. But with Insure.com, finding the right renters insurance policy is easy. Learn more about renters insurance costs for different cities below. Renters insurance rates in Indiana by cityEvansvilleFishersFort WayneIndianapolisSouth BendAverage cost of renters insurance in Indiana by ZIP codeThe cost of renters insurance in Indiana varies by ZIP code. It’s important to note that the affordability of renters insurance can differ significantly depending on your location.To provide a more comprehensive overview, let’s see some of the most and least affordable ZIP codes for renters insurance in Indiana.Most affordable ZIP codes for renters insurance in IndianaIn Indiana, your ZIP code plays a major role in determining your premiums. Based on our data, 46835 is the most affordable ZIP code for renters insurance, with an average annual cost of $245.Comparing quotes from multiple insurers in Indiana is a smart way to find the best renters insurance rates for your ZIP code.ZIP codeCityAverage annual rateAverage monthly rate46835Fort Wayne$245$2046550Nappanee$247$2146943Laketon$247$2146540Middlebury$247$2146804Fort Wayne$247$2146738Altona$247$2146787South Whitley$248$2146553New Paris$248$2146761Lagrange$248$2146714Bluffton$248$21Least affordable ZIP codes for renters insurance in Indiana46282 is the most expensive ZIP code for renters insurance in Indiana, at an average cost of $331 annually or $28 monthly.We’ve gathered and analyzed quotes from major insurance companies across all ZIP codes in Indiana. The table below shows the average annual renters insurance rates by ZIP code.ZIP codeCityAverage annual rateAverage monthly rate46282Indianapolis$331$2846404Gary$331$2846218Indianapolis$322$2746408Gary$321$27Renters and auto bundle discounts in IndianaBundling your renters and auto insurance policies is one of the easiest ways to lower your Indiana insurance rates.Bundling your policies can lead to an average annual savings of 7% in Indiana. We found that State Farm provides the most affordable rates for a renters and auto insurance bundle, allowing you to save up to 10% on your premiums each year.CompanyAverage annual rate$ bundle average savings% bundle average savingsState Farm$1,038$11010%Indiana Farmers$1,145$12710%Geico$1,168$333%Travelers$1,251$645%Nationwide$1,256$524%American Family$1,270$615%Progressive$1,418$1188%Auto-Owners$1,559$825%Farmers$1,650$513%Indiana Farm Bureau Grp$1,701$36318%Allstate$2,692$1244%Final thoughts: Average renters insurance in IndianaRenters insurance is essential for residents of Indiana. It safeguards possessions against damage from fire, theft, vandalism, and natural disasters, ensuring protection in unforeseen circumstances.To get the best renters insurance at an affordable price, shop around and compare quotes from various insurance carriers. In addition to insurance premiums, consider factors such as coverage options, deductibles, and customer reviews to make an informed decision.How much is renters insurance in other statesAlaska$257/YearAlabama$324/YearArkansas$363/YearArizona$260/YearCalifornia$271/YearColorado$191/YearConnecticut$292/YearWashington, D.C.$272/YearDelaware$181/YearFlorida$248/YearGeorgia$352/YearHawaii$247/YearIowa$203/YearIdaho$184/YearIllinois$246/YearKansas$251/YearKentucky$207/YearLouisiana$504/YearMassachusetts$262/YearMaryland$256/YearMaine$198/YearMichigan$340/YearMinnesota$211/YearMissouri$231/YearMississippi$387/YearMontana$275/YearNorth Carolina$366/YearNorth Dakota$192/YearNebraska$295/YearNew Hampshire$173/YearNew Jersey$207/YearNew Mexico$201/YearNevada$246/YearNew York$293/YearOhio$252/YearOklahoma$281/YearOregon$288/YearPennsylvania$274/YearRhode Island$476/YearSouth Carolina$294/YearSouth Dakota$202/YearTennessee$290/YearTexas$226/YearUtah$204/YearVirginia$235/YearVermont$182/YearWashington$222/YearWisconsin$167/YearWest Virginia$248/YearWyoming$136/YearShow more Explore other insurance options in Indiana Average homeowners insurance cost in Indiana Average car insurance cost in Indiana Non-owner auto insurance in Indiana Shivani 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? Personal liability insurance: What it is and why you need it Hurricanes and home insurance: How hurricane insurance works How replacement cost coverage works when you file a claim How much do claims increase home insurance rates? Mobile home insurance cost and coverage in 2025 Homeowners insurance basics Home Insurance Advisor Cheapest homeowners insurance in 2024 How much flood insurance do I need? How to bundle home and auto insurance policies to save money The largest home insurance companies by market share Home insurance discounts for cheaper rates How much does dog liability insurance cost and do you need it? Do you have an emergency go-bag? Most Americans don’t 1/1 Related Articles Renters insurance: Compare quotes in 2025 By Prachi Singh How to find a homeowners insurance policy By Shivani Gite Mobile home insurance cost and coverage in 2025 By Chris Kissell Renters insurance calculator: How much renters insurance costs by state and city in 2025 By Shivani Gite How to switch home insurance By Leslie Kasperowicz Average homeowners insurance cost by ZIP code in 2025 By Barry Eitel On this page Average renters insurance cost in Indiana per monthAverage renters insurance cost in Indiana by companyAverage cost of renters insurance in Indiana by coverage levelAverage cost of renters insurance in Indiana by cityAverage cost of renters insurance in Indiana by ZIP codeRenters and auto bundle discounts in IndianaFinal thoughts: Average renters insurance in Indiana ZIP Code Please enter valid ZIP See rates