Birmingham Renters Insurance

The Zebra
July 23, 2019

Birmingham renters insurance


Renters insurance is important if you're renting a house or apartment. Renters insurance covers your rental unit — and the personal property within it — against a variety of harms, including theft, fire, vandalism, or wind damage. Given the likelihood of these incidents occurring, the affordable price of a renters policy, and the relatively high cost of replacing your property, a renters insurance policy is a solid investment.

The cost of renters insurance relies on a variety of factors, including the building's age, its material constitution, its geographic location, and the pricing rules of your insurance company. In areas prone to hail, fire, lightning, or damaging wind, renters insurance could be more expensive to account for the extra risk.

The average yearly renters insurance rate in Birmingham is $259.

Finding reliable renters insurance in Birmingham starts with comparing policies. Review our list of average Birmingham renters insurance costs to ensure you start your search with as much background info as possible. Remember: rates will vary based on your coverage limits and other factors.


Birmingham renters insurance:

  1. Rates by company
  2. Rates by coverage level
  3. Renters and auto insurance discounts

Renters insurance in Birmingham — popular companies

Renters insurance rates in Birmingham depend on the insurance company you choose. For instance, Cincinnati Insurance offers the most affordable renters insurance in Birmingham, at just $129 per year. That's less expensive than the city's average cost of $259, providing a $130 price break on typical rates in the city.

Begin your search for a renters insurance policy by reviewing the cheapest companies in Birmingham.


AFFORDABLE RENTERS INSURANCE COMPANIES IN BIRMINGHAM
CompanyAverage Annual Rate in Birmingham
Cincinnati Insurance$129
USAA$151
Travelers$153
Centauri Specialty$185
Country$199

Birmingham renters insurance pricing by coverage tier

The cost of your renters insurance policy will be influenced by the amount of coverage you opt to carry. The most common levels of renters insurance coverage are $25,000 and $50,000 property coverage. In Birmingham, the annual cost difference between these tiers is about $103. If you can afford the up-front expense, it's worth considering.

Coverage LevelAverage Annual Rate in Birmingham
$25K Property$208
$50K Property$310

Money-saving tip: bundle your renters and car insurance policies

If you’re looking to cut your insurance expenditures, carry your renters and auto policies under the same insurance company. Bundling renters and car insurance in Birmingham can result in substantial savings. In fact, bundling renters and auto insurance leads to average savings of 6.2% on car insurance rates. The car insurance company with the cheapest bundled rate is GEICO, followed by Allstate and Alfa.


RENTERS AND AUTO INSURANCE BUNDLING DISCOUNTS IN BIRMINGHAM
Annual Bundle SavingsBundle Savings %
$946.2%

Need renters insurance? Talk to an expert today.