Fort Wayne, IN Renters Insurance

Renters insurance in Fort Wayne, Indiana


It's very important to maintain an active renters insurance policy if you're renting a house or an apartment. It insures your dwelling — and the personal property within — against a number of perils, including fire, theft, vandalism, or wind damage. Given the relatively common frequency of these incidents, the affordability of a renters policy, and the potentially high cost of replacing your belongings, a renters insurance policy is a solid investment.

Renters insurance premiums are dictated by myriad factors, including your building's age, the material from which it’s made, its geographic location, and the pricing guidelines of your insurance company. In areas prone to hail, fire, lightning, or damaging wind, renters insurance could be more expensive to account for the additional risk.

The average yearly cost of renters insurance in Fort Wayne is $169.

Getting affordable renters insurance in Fort Wayne begins with shopping around and comparing policies. Consult our breakdown of Fort Wayne, Indiana renters insurance costs to ensure you start your search with as much background info as possible. Note that rates will vary based on coverage limits and other factors.


Jump to:

  1. Rates by company
  2. Rates by coverage level
  3. Bundling discounts

Popular renters insurance companies in Fort Wayne

Insurance premiums in Fort Wayne vary based on the insurer you choose. For instance, USAA offers the most affordable renters insurance in Fort Wayne, at just $95 per year. That's less expensive than the city's average cost of $169, providing a $74 price break on the city's normal rates.

Begin your search for a renters insurance policy by reviewing the cheapest companies in Fort Wayne.


AFFORDABLE RENTERS INSURANCE COMPANIES IN FORT WAYNE
CompanyAverage Annual Rate in Fort Wayne
USAA$95
Safeco$103
Hastings Mutual$108
State Farm$116
Indiana Farm Bureau$124

Fort Wayne renters insurance pricing by coverage tier

Your renters insurance rates will vary depending on your coverage levels. Two of the most common levels of renters insurance coverage are $25,000 and $50,000 property coverage. In Fort Wayne, the difference in annual premium between these two tiers is about $66. If you can afford the up-front expense, purchasing more coverage might not be a bad idea.

Coverage LevelAverage Annual Rate in Fort Wayne
$25K Property$136
$50K Property$202

Tip: bundle your auto and renters insurance policies in Fort Wayne

If you’re seeking ways to save on your insurance expenditures, consider carrying your renters and auto policies with the same insurance company. Pairing renters and car insurance in Fort Wayne can result in substantial savings. In fact, bundling renters and auto insurance leads to average savings of 6.8% on car insurance premiums. The auto insurance company with the cheapest bundled rate is Erie, followed by GEICO and American Family.


CAR AND RENTERS BUNDLING DISCOUNTS IN FORT WAYNE
Annual Bundle SavingsBundle Savings %
$676.8%




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Kristine LeeManager, Content and Data

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 freelance copywriter for over five years. 

She is an authority on all things insurance and covers the ins and outs of auto, home, life and renters insurance. Her specialty is in providing data-backed insights and information to help insurance shoppers make informed decisions.

Kristine's insurance expertise and research have been cited by publications such as CNBC, BadCredit.orgCar and Driver, Business Insider, Yahoo!, The Balance, Nationwide and Elephant.