Renters insurance is an optional — but important — product that works to keep your belongings safe in the event your rental property suffers damage from common incidents. A renters policy covers personal items in the event of fire or smoke damage, a wind storm, vandalism or theft and an array of other calamities.
Unlike auto insurance, renters policies aren’t governed by state legislation. Still, there are substantial differences in renters pricing by state. Renters rates in US states differ depending on the frequency of — and value of — renters claims filed in that state, and also on the value of the belongings you're insuring.
Renters insurance in Idaho is cheaper than the national average. The typical annual renters insurance rate in Idaho is $134, $51 less expensive than the average across the nation.
The best way to get an affordable renters insurance policy in Idaho is to compare rates from multiple insurance companies. Find out typical renters insurance rates in Idaho by referencing the below tables. Individual rates may vary depending on coverage options and the value of your belongings.
Renters insurance prices in Idaho can vary depending on which insurance company you use. Oregon Mutual sells the cheapest renters insurance in Idaho, at just $87 yearly. This is less than Idaho's mean cost of $134, offering a 35% discount on the typical rates in the state.
Start searching for renters insurance by reviewing the cheapest Idaho renters insurance carriers, listed below.
| Company | Average Yearly Rate in Idaho |
| Oregon Mutual | $87 |
| MetLife | $100 |
| Safeco | $102 |
| American Family | $108 |
| Farm Bureau | $161 |
Renters insurance rates in Idaho differ by city. Policy pricing depends on locally specific variables such as the number of local claims filed, giving your ZIP code weight in deciding how much you pay.
The most affordable renters insurance in Idaho is available in Rexburg. A typical renters insurance term in Rexburg costs just $131 per year — $12 less than the average Idaho rate. The below cities have the most affordable renters insurance in Idaho.
| City | Average 12-Month Renters Insurance Rate |
| Rexburg | $131 |
| Blackfoot | $131 |
| Moscow | $132 |
| Meridian | $132 |
| Coeur d'Alene | $132 |
Are you looking for info on renters insurance for a particular city? Have a look at our breakdown of major metropolitan areas in Idaho.
The cost of your renters insurance policy will be influenced by the amount of coverage you opt to carry. Two of the most common levels of renters insurance coverage are $25,000 and $50,000 property coverage. In Idaho, the average annual cost difference between these tiers is about $45. 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 Idaho |
| $25K Property | $111 |
| $50K Property | $156 |
If you want to save, consider holding your car and renters policies with the same insurance company. A renters and auto insurance bundle in Idaho can lead to substantial savings on car insurance. In fact, bundling policies in Idaho leads to yearly savings of $63.
| Avg. Annual Rate (No Bundle) | Avg. Annual Rate (w/ Bundle) | Annual Savings ($) | Annual Savings (%) |
| $1,018 | $955 | $63 | 7% |
The state of Idaho does not require you carry renters insurance. However, your landlord may require you to carry it.
There is no state coverage requirement for renters insurance in Idaho. So, this will vary based on your needs and your company. Basic coverage includes personal property coverage, loss of use, medical payments to others, and liability coverage.
