St. Petersburg Renters Insurance

The Zebra
July 23, 2019

Renters insurance in St. Petersburg


It's important to carry renters insurance if you're renting a house or apartment. It insures your dwelling — and the personal property within — against a variety of harms, such as fire, theft, vandalism, or wind damage. Given the reasonable likelihood of a damaging incident, the affordable price of a renters policy, 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 the age of your dwelling, the materials of which it’s made, your apartment’s geographic location, and the pricing strategies of your renters insurance company. In areas prone to events such as fire, lightning, wind, or hail, renters insurance policies may be more expensive to account for the extra risk.

The average yearly price of renters insurance in St. Petersburg is $202.

Getting affordable renters insurance in St. Petersburg starts with shopping around and comparing policies. Consult our breakdown of average St. Petersburg renters insurance rates to ensure you're informed and aware heading into the insurance purchasing process. Remember: rates will vary based on your coverage limits and other factors.


St. Petersburg renters insurance:

  1. Rates by company
  2. Rates by coverage level
  3. Renters and auto insurance discounts

Renters insurance in St. Petersburg by insurance company

How much you pay for renters insurance in St. Petersburg depends on the insurance company. For instance, Security First offers the most affordable renters insurance in St. Petersburg, at just $120 per year. This compares favorably to the city's average cost of $202, providing an $83 price break.

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


AFFORDABLE RENTERS INSURANCE COMPANIES IN ST. PETERSBURG
CompanyAverage Annual Rate in St. Petersburg
Security First$120
Citizens$122
Castle Key$133
Universal Insurance$153
Peoples Trust$164

St. Petersburg renters insurance pricing by coverage tier

The cost of your renters insurance policy will be influenced by the amount of coverage you opt to carry. The most common levels of renters insurance coverage are $25,000 and $50,000 property coverage. In St. Petersburg, the annual cost differential between these levels is about $73. If you can afford to insure your personal property at this additional expense, it's an option worth considering.

Coverage LevelAverage Annual Rate in St. Petersburg
$25K Property$166
$50K Property$239

Tip: bundle your renters and auto insurance policies

If you’re looking to save, consider carrying your renters and auto policies under the same insurance company. Pairing renters and car insurance in St. Petersburg 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 2.4% on car insurance rates. The auto insurance company with the cheapest bundled rate is State Farm, followed by GEICO and Allstate.


AUTO AND RENTERS INSURANCE BUNDLE DISCOUNTS IN ST. PETERSBURG
Annual Bundle SavingsBundle Savings %
$602.4%

Need renters insurance? Talk to an expert today.