Renters Insurance in Winston Salem, NC

Author profile picture

Renata Balasco

Senior Content Strategist

  • Licensed Insurance Agent — Property and Casualty

Renata joined The Zebra in 2020 as a Customer Experience Agent. Since 2021, she has worked as licensed insurance professional and content strategist.…

Renters insurance in Winston-Salem, North Carolina

It's very important to maintain an active renters insurance policy if you're renting a house or an apartment. It protects your rental unit — and any personal belongings within it — against a variety of harms, including fire, theft, vandalism, and wind damage. Given the reasonable likelihood of a damaging incident, the affordability of rental coverage, 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 yearly cost of renters insurance in Winston-Salem is $150.

Finding affordable renters insurance in Winston-Salem should start with a thorough review of the top renters insurance companies. Consult our breakdown of average Winston-Salem 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 Winston-Salem

How much you pay for renters insurance in Winston-Salem depends on the insurance company providing the quote. For instance, AAA offers the cheapest renters insurance in Winston-Salem, at just $104 per year. This compares favorably to the city's average cost of $150, providing a $46 discount on typical rates in the city.

Begin your search for a renters insurance policy by exploring the cheapest insurers in Winston-Salem.

CompanyAverage Annual Rate in Winston-Salem
North Carolina Farm Bureau$125
State Farm$150

Winston-Salem renters insurance pricing by coverage tier

Your renters insurance rates will vary depending on your coverage levels. The most common levels of renters insurance coverage are $25,000 and $50,000 property coverage. In Winston-Salem, the difference in annual premium between these two tiers is about $90. If you can afford to insure your personal property at this additional expense, it's worth considering.

Coverage LevelAverage Annual Rate in Winston-Salem
$25K Property$105
$50K Property$195

Tip: bundle your auto and renters insurance policies in Winston-Salem

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 Winston-Salem can lead to substantial savings. In fact, bundling renters and auto insurance leads to average savings of 3.5% on car insurance rates. The auto insurance company with the cheapest bundled rate is GEICO, followed by North Carolina Farm Bureau and Erie.

Annual Bundle SavingsBundle Savings %

Need renters insurance? Talk to an expert today.