Renters Insurance in Baltimore, MD

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Kristine Lee

Insurance Analyst

  • Licensed Insurance Agent — Property and Casualty
  • 4+ years of Experience in the Insurance Industry

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…

Renters insurance in Baltimore, Maryland

It's important to carry renters insurance if you're renting a house or apartment. It protects your rental unit — and any personal belongings within it — against a variety of perils, such as vandalism, wind damage, theft, or fire. Given the reasonable likelihood of a damaging incident, the affordable price of renters insurance, and the relatively high cost of replacing your property, a renters insurance policy is a solid investment.

Renters insurance rates are dictated by a variety of 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 annual cost of renters insurance in Baltimore is $267.

Finding reliable renters insurance in Baltimore begins with shopping around and comparing policies. Check out our breakdown of Baltimore, Maryland renters insurance premiums to begin 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 Baltimore

Renters insurance rates in Baltimore depend on the insurance company you choose. For instance, USAA offers the most affordable renters insurance in Baltimore, at just $110 per year. This compares favorably to the city's average cost of $267, providing a $157 discount on typical rates in the city.

Start your search for a renters insurance policy by reviewing the cheapest companies in Baltimore.

CompanyAverage Annual Rate in Baltimore
Brethren Mutual$153
State Farm$156

Baltimore renters insurance pricing by coverage tier

The cost of your renters insurance depends on the amount of coverage you opt to carry. Common renters insurance coverage tiers are $25,000 and $50,000 property coverage. In Baltimore, the annual cost differential between these options is about $64. If you can afford the up-front expense, purchasing more coverage might not be a bad idea.

Coverage LevelAverage Annual Rate in Baltimore
$25K Property$235
$50K Property$299

Tip: bundle your auto and renters insurance policies in Baltimore

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 Baltimore can save you a substantial sum each month on your auto insurance bill. In fact, bundling renters and auto insurance leads to average savings of 4.7% on car insurance rates. The auto insurance company offering the most affordable rate with a renters bundle is GEICO, followed by Erie and State Farm.

Annual Bundle SavingsBundle Savings %

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