Renters Insurance in Buffalo, NY

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Ross Martin

Insurance Writer

  • 4+ years in the Insurance Industry

Ross joined The Zebra as a writer and researcher in 2019. He specializes in writing insurance content to help shoppers make informed decisions.

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Renters insurance in Buffalo, New York

It's key to carry an active renters insurance policy if you're renting a home. It insures your rental dwelling — and any personal property within it — against a number of perils, including vandalism, wind damage, theft, or fire. Given the likelihood of these incidents occurring, the affordability of rental coverage, and the relatively high cost of replacing your property, a renters insurance policy is a solid investment.

Renters insurance premiums are dictated by myriad factors, including the building's age, its material constitution, its geographic location, and the pricing rules of your insurance company. In areas in which fire, lightning, wind, or hail are common, renters insurance could be more expensive.

The average yearly renters insurance rate in Buffalo is $222.

Finding cheap renters insurance in Buffalo starts with comparing policies. Consult our analysis of average Buffalo renters insurance rates to ensure you're informed and aware heading into the insurance purchasing process. Remember: renters insurance costs may vary based on your coverage limits and other factors.

Jump to:

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

Popular renters insurance companies in Buffalo

Renters insurance premiums in Buffalo depend on the insurance company you choose. For instance, NYCM Insurance offers the cheapest renters insurance in Buffalo, at just $63 per year. That's less expensive than the city's average cost of $222, providing a $159 discount on the city's normal rates.

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

CompanyAverage Annual Rate in Buffalo
NYCM Insurance$63
Preferred Insurance$118
State Farm$125

Buffalo renters insurance pricing by coverage tier

The cost of your renters insurance depends on the amount of coverage you carry. Two of the most common levels of renters insurance coverage are $25,000 and $50,000 property coverage. In Buffalo, the annual cost differential between these options is about $75. If you can afford to insure your personal property at this additional expense, it's an option worth considering.

Coverage LevelAverage Annual Rate in Buffalo
$25K Property$185
$50K Property$260

Tip: bundle your auto and renters insurance policies in Buffalo

If you’re looking to cut your insurance expenditures, carry your renters and auto policies under the same insurance company. Pairing renters and car insurance in Buffalo can lead to substantial savings. In fact, bundling policies in Buffalo leads to average auto insurance savings of $66. The car insurance company with the cheapest bundled rate is Progressive, followed by GEICO and Allstate.

Annual Bundle SavingsBundle Savings %

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