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 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 defends items against fire, smoke damage, a wind storm, vandalism or theft, and a number of other common calamities.

Gaps in renters insurance pricing exist from state to state. Renters insurance policy prices in US states may vary based on the value of — and frequency of — renters insurance claims filed in the state, and also on the price of the belongings you're insuring.

Renters insurance in Indiana is cheaper than the US average. The average annual cost of renters insurance in Indiana is $170, $14 less expensive than the national average.

The easiest way to find an affordable renters insurance policy in Indiana is to get quotes from multiple insurance companies. Learn typical renters insurance rates in Indiana by referencing the below tables. Remember: your rates will vary, depending on your coverage limits and the valuation of your belongings.


Indiana renters insurance:
  1. By company
  2. Rates by city
  3. Bundling discounts
  4. FAQs


Renters insurance rates in Indiana by company

Rates for renters insurance in Indiana can vary depending on which insurer you use. Safeco underwrites the most affordable renters insurance in Indiana, at just $108 yearly. This is less than Indiana's average cost of $170, offering a 37% discount on average policy costs statewide.

Start looking for a renters policy by reviewing the best Indiana carriers, detailed below.


Insurance CompanyAverage 12-Month Rate in Indiana
Hastings Mutual$108.27
State Farm$121.56
Cincinnati Insurance$130.50
Indiana Farm Bureau$130.76


Another company you should consider is Lemonade. With rates as low as $5 a month, Lemonade allows you to completely customize your renters insurance needs. Click below to get started.

Need a Renters Insurance Quote?

Indiana renters insurance costs: by city

Not all Indiana cities have the same renters insurance rates. Rates depend on city-specific variables, including the number of claims filed in the immediate area, meaning your ZIP code could have a major impact on how much you pay.

The cheapest renters insurance in Indiana is available in Noblesville. An average renters insurance policy in Noblesville costs $160 per year — $48 less than the state average. Reference the below table to see the cheapest cities in Indiana for renters insurance.

Average Yearly Renters Insurance Rate


How to bundle renters and auto insurance in Indiana

If you want to save on insurance, consider holding your renters and auto policies with the same insurance company. Bundling auto and renters insurance in Indiana can lead to substantial savings on your auto insurance policy. In fact, bundling policies in Indiana leads to a yearly discount of $98.

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

You can save money on insurance by bundling your renters and auto policies. Get started today!


Compare rates from top car insurance companies.

Location pin icon
Your information is secure.

Renters insurance FAQs


Do you have to have renters insurance in Indiana?

Indiana does not require renters insurance, but your landlord might mandate it. Regardless, it's generally a good idea to buy a policy 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 includes property coverage, liability insurance, additional living expenses, and medical payments to others.