Nashville Renters Insurance

The Zebra
July 23, 2019

Renters insurance in Nashville


Renters insurance is critical if you're renting a house or apartment. Renters insurance covers your rental unit — and the personal property within it — against a variety of perils, including fire, theft, vandalism, and wind damage. As these circumstances are fairly common, the affordability of rental coverage, and the relatively high cost of replacing your property, a renters insurance policy is a solid investment.

The cost of renters insurance relies on 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 could be more expensive to account for the extra risk.

The average annual price of renters insurance in Nashville is $223.

Finding affordable renters insurance in Nashville should start with a thorough comparison of the top renters insurance companies. Consult our analysis of Nashville, Tennessee renters insurance costs 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.


Nashville renters insurance:

  1. Rates by company
  2. Rates by coverage level
  3. Car and renters insurance discounts

Renters insurance premiums in Nashville — top companies

How much you pay for renters insurance in Nashville depends on the insurance company providing the quote. For instance, Tennessee Farmers offers the cheapest renters insurance in Nashville, at just $120 per year. This compares favorably to the city's average cost of $223, providing a $103 price cut.

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


CHEAP RENTERS INSURANCE COMPANIES IN NASHVILLE
CompanyAverage Annual Rate in Nashville
Tennessee Farmers$120
Safeco$125
AAA$141
Shelter$148
State Farm$151

Nashville renters insurance pricing by coverage level

The cost of your renters insurance depends on the amount of coverage you carry. Common renters insurance coverage tiers are $25,000 and $50,000 property coverage. In Nashville, the difference in annual premium between these two tiers is about $96. If you can afford the up-front expense, it's worth considering.

Coverage LevelAverage Annual Rate in Nashville
$25K Property$175
$50K Property$271

How to save: bundle your renters and car insurance policies

If you’re trying to save, purchase your renters and auto policies from a single company. Combining renters and car insurance in Nashville 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 6.5% on car insurance rates. The auto insurer offering the most affordable rate with a renters bundle is Erie, followed by State Farm and Progressive.


RENTERS AND CAR INSURANCE BUNDLING DISCOUNTS IN NASHVILLE
Annual Bundle SavingsBundle Savings %
$1046.5%

Need renters insurance? Talk to an expert today.