Indiana Renters Insurance

Finding renters insurance shouldn't be confusing. Compare Indiana rates by city and company below.

Get Renters Insurance Right arrow icon

How to get cheap renters insurance in Indiana

Renters insurance is a great — and cheap! — way to ensure your personal belongings are insured against common incidents. Renters insurance covers your items against fire, smoke damage, wind damage, vandalism or theft and an array of other events.

Unlike car insurance, renters insurance isn't governed by state legislation. Regardless, there are relatively large variations in the cost of renters insurance by state. Renters insurance policy costs in a given state may vary based on the number and cost renters insurance claims filed across the state, and depend on the value of the belongings being insured.

Getting a renters policy in Indiana is less expensive than the nationwide average. The typical annual renters insurance rate in Indiana is $170, $14 less expensive than the average rate across all US states.

The easiest way to get an affordable renters insurance policy in Indiana is to shop around and compare rates from as many insurance companies as you can. Get an idea of typical renters insurance rates in Indiana by referencing the below tables. Remember: your rates will vary, depending on the value of your belongings and your coverage limits.

Indiana renters insurance:

  1. Rates by company
  2. Rates by city
  3. Renters-and-auto bundling discounts
  4. Frequently asked questions

Renters insurance prices in Indiana by company

Prices for renters insurance in Indiana can vary depending on the insurer you select. Safeco provides the most affordable renters policies in Indiana, at just $108 per year. This compares favorably to Indiana's mean rate of $170, offering a 37% discount on the state's average rate.

Get a head start on looking for a renters policy by reviewing the most affordable Indiana renters insurance carriers, listed below.

CarrierAverage Annual Rate in Indiana
Hastings Mutual$108
State Farm$122
Cincinnati Insurance$131
Indiana Farm Bureau$131

Indiana renters insurance by city

Renters insurance rates in Indiana vary by city. Prices may depend on city-specific variables, such as the number of local claims filed, lending your ZIP code plenty of weight in deciding how much you pay.

The best renters insurance rates in Indiana are available in Noblesville. A typical renters insurance term in Noblesville totals just $160 annually — $48 less than the average policy in other Indiana cities. Reference the below table to see the cheapest cities in Indiana for renters insurance.

CityAverage Annual Renters Insurance Rate

Indiana 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 Indiana, the annual cost differential between these options is roughly $66. If you can afford to insure your personal property at this additional expense, it's worth considering.

Coverage LevelAverage Annual Renters Insurance Rate in Indiana
$25K Property$137
$50K Property$203

How to save: bundle renters and auto insurance in Indiana

If you want to save on insurance, consider buying your renters and auto policies from the same insurance company. Bundling renters and auto insurance in Indiana can save you a substantial sum each month on car insurance. Bundling policies in Indiana leads to average annual savings of $98.

Avg. Yearly Auto Insurance Rate (No Bundle)Avg. 12-Month Auto Insurance Rate (Bundle)Annual Bundle SavingsBundle Savings %

Bundling renters and auto policies is a great way to save. Get started today!

Looking for renters insurance information for a specific city? Check out our breakdown of the biggest metropolitan areas in Indiana.

  1. Fort Wayne
  2. Indianapolis

Indiana renters insurance FAQs

Do you have to have renters insurance in Indiana?

Indiana will not require renters insurance by state law but your landlord might require it. Regardless, it's generally a good idea to have in order to protect your belongings..

What does Indiana renters insurance cover?

Because renters insurance is not state mandated, you have some flexibility with your coverage. Typically, a renters policy will include property coverage, liability insurance, additional living expenses, and medical payments to others.

Need a Renters Insurance Quote?

Ross Martin LinkedIn

As a licensed insurance agent, Ross is responsible for researching and writing about all matters related to auto and home insurance. He has a background in writing and education, as well as a master's degree from Royal Holloway, University of London. He has been quoted by CNET,, and Kin Insurance.