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Ross Martin

Insurance Writer

  • 4+ years in the Insurance Industry

Ross joined The Zebra as a writer and researcher in 2019. He specializes in writing insurance content to help shoppers make informed decisions.

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Kristine Lee

Insurance Analyst

  • Licensed Insurance Agent — Property and Casualty
  • 4+ years of Experience in the Insurance Industry

Kristine is a licensed insurance agent who joined The Zebra in 2019 as an in-house content researcher and writer. Before joining The Zebra, she was a…

How to get affordable renters insurance in Florida

Renters insurance is an important form of insurance. It keeps your belongings safe in the event your rental property suffers damage from a common incident. Renters insurance covers your items in the event of smoke or fire damage, a wind storm, theft or vandalism and an array of other events.

Unlike auto insurance, renters insurance isn't priced specifically by state. Even so, there are often variations in the cost of renters insurance by state. Renters insurance rates in a given state differ depending on the frequency and value of renters claims made statewide, and also on the value of the belongings you're insuring.

Florida renters insurance is more expensive than the national average. The average annual cost of renters insurance in Florida is $227, $42 more expensive than the national average.

The easiest way to get cheap renters insurance in Florida is to compare rates and consider policies from as many insurance companies as possible. Get an idea of typical renters insurance rates in Florida by referencing the below tables. Remember: your rates will vary, depending on the value of your belongings and your coverage limits.

Jump to:
  1. Rates by company
  2. Rates by city
  3. Rates by coverage level
  4. Bundling discounts
  5. Frequently asked questions


Renters insurance prices in Florida by company

Prices for renters insurance in Florida vary depending on which insurance company you select. Security First offers the most affordable renters insurance policies in Florida, at just $142 per year. This compares favorably to the state's mean cost of $227, offering a 37% price cut on rates typical to the state.

Start your search for renters insurance by checking out the cheapest Florida insurance companies, detailed below.

Insurer Average Annual Rate in Florida
Security First $142
Citizens $160
Peoples Trust $170
Castle Key $175
State Farm $181

Florida renters insurance costs by city

Renters insurance rates in Florida vary depending on the city. Rates depend on locally specific variables such as the number of claims filed in the immediate area, lending your ZIP code plenty of weight in deciding how much you pay.

The most affordable renters insurance in Florida is available in Palm Bay. The average renters insurance policy in Palm Bay costs only $198 per year — $28 less than the average policy in other Florida cities. The below cities have the most affordable renters insurance in Florida.

City Average Yearly Renters Insurance Rate
Palm Bay $198
Gainesville $202
St. Petersburg $202
Port St. Lucie $203
Tallahassee $203

Are you looking for information about renters insurance for a particular city? Take a look at our listof the most populous cities in Florida.

  1. Hialeah
  2. Jacksonville
  3. Miami
  4. Orlando
  5. St. Petersburg
  6. Tampa


Renters insurance in FL by coverage tier

The cost of your renters insurance depends on the amount of coverage you carry. Two of the most common levels of renters insurance coverage are $25,000 and $50,000 property coverage. In Florida, the average annual cost difference between these tiers is about $93. If you can afford to insure your personal property at this additional expense, purchasing more coverage might not be a bad idea.

Coverage Level Average Annual Renters Insurance Rate in Florida
$25K Property $180
$50K Property $273

Tip: bundle auto and renters insurance in Florida

To trim a few dollars from your insurance costs, consider purchasing both your car and renters insurance policies from one company. A renters and auto insurance bundle in Florida can save you a substantial sum each month on your auto insurance policy. In fact, bundling policies in Florida may earn you yearly savings of $44.

Avg. Annual Rate (No Bundle) Avg. Annual Rate (w/ Bundle) Annual Savings ($) Annual Savings (%)
$2,059 $2,015 $44 2%

Florida renters insurance FAQs


Is renters insurance required in Florida?

While Florida law does not mandate renters insurance, it is a recommended coverage option for anyone renting a house or apartment. They're generally cheap and can protect your liability and contents from covered losses.

What does Florida renters insurance cover?

In Florida, renters insurance will replace personal belongings should they be destroyed, lost, or stolen. Most policies will also provide liability coverage, medical payments to others, and will cover temporary housing costs should your home be unihabitable.

Need renters insurance? Talk to an expert today.

About The Zebra

The Zebra is not an insurance company. We publish data-backed, expert-reviewed resources to help consumers make more informed insurance decisions.

  • The Zebra’s insurance content is written and reviewed for accuracy by licensed insurance agents.
  • The Zebra’s insurance editorial content is not subject to review or alteration by insurance companies or partners.
  • The Zebra’s editorial team operates independently of the company’s partnerships and commercialization interests, publishing unbiased information for consumer benefit.
  • The auto insurance rates published on The Zebra’s pages are based on a comprehensive analysis of car insurance pricing data, evaluating more than 83 million insurance rates from across the United States.