Renters insurance in Boise, Idaho
Renters insurance is critical if you're renting a house or an apartment. It covers your rental unit — and the personal property within it — against a variety of harms, including fire, theft, vandalism, or wind damage. Given the relatively common frequency of these incidents, the affordability 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 comes down to 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 policies may be more expensive to account for the extra risk.
The average annual cost of renters insurance in Boise is $132.
Finding cheap renters insurance in Boise starts with shopping around and comparing policies. Check out our breakdown of Boise renters insurance rates to ensure you start your search with as much background info as possible. Remember: renters insurance costs may vary based on your coverage limits and other factors.
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Popular renters insurance companies in Boise
Renters insurance rates in Boise depend on the insurer you choose. For instance, Oregon Mutual offers the cheapest renters insurance in Boise, at just $85 per year. This compares favorably to the city's average cost of $132, providing a $47 discount on typical rates in the city.
Start your search for a renters insurance policy by reviewing the cheapest companies in Boise.
AFFORDABLE RENTERS INSURANCE COMPANIES IN BOISE
| Company | Average Annual Rate in Boise |
| Oregon Mutual | $85 |
| MetLife | $97 |
| Safeco | $102 |
| American Family | $110 |
| USAA | $112 |
Boise renters insurance pricing by coverage tier
Your renters insurance rates will vary depending on the amount of coverage you purchase. Common renters insurance tiers are $25,000 and $50,000 property coverage. In Boise, the annual cost difference between these tiers is about $45. If you can afford the up-front expense, purchasing more coverage might not be a bad idea.Coverage Level Average Annual Rate in Boise $25K Property $110 $50K Property $155
Tip: bundle your auto and renters insurance policies in Boise
If you’re seeking ways to save on your insurance expenditures, consider carrying your renters and auto policies with the same insurance company. Combining renters and car insurance in Boise can lead to substantial savings. In fact, bundling renters and auto insurance leads to average savings of 6.5% on car insurance premiums. The car insurance company with the cheapest bundled rate is GEICO, followed by Liberty and State Farm.
CAR AND RENTERS BUNDLING DISCOUNTS IN BOISE
| Annual Bundle Savings | Bundle Savings % |
| $56 | 6.5% |