Tampa Renters Insurance

The Zebra
July 23, 2019

Tampa renters insurance


It's very important to maintain renters insurance if you're renting a house or an apartment. It protects your rental unit — and any personal belongings within it — in a variety of circumstancees, including fire, theft, vandalism, and wind damage. As these circumstances are fairly common, the affordable price of renters insurance, and the potentially high cost of replacing your belongings, a renters insurance policy is a solid investment.

Renters insurance costs are dictated by many 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 policies may be more expensive to account for the extra risk.

The average annual price of renters insurance in Tampa is $233.

Finding reliable renters insurance in Tampa begins with shopping around and comparing policies. Check out our breakdown of Tampa, Florida renters insurance premiums to commence your purchase process with as much background info as possible. Remember: your renters insurance costs may vary based on your coverage limits and other factors.


Tampa renters insurance:

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

Renters insurance in Tampa by insurance company

Renters insurance premiums in Tampa depend on the insurer you choose. For instance, Security First offers the most affordable renters insurance in Tampa, at just $167 per year. This compares favorably to the city's average cost of $233, providing a $67 discount on the city's normal rates.

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


AFFORDABLE RENTERS INSURANCE COMPANIES IN TAMPA
CompanyAverage Annual Rate in Tampa
Security First$167
Citizens$170
Castle Key$174
Peoples Trust$177
Universal Insurance$180

Tampa renters insurance pricing by coverage tier

Your renters insurance rates will vary depending on your coverage levels. Two of the most common levels of renters insurance coverage are $25,000 and $50,000 property coverage. In Tampa, the average annual cost difference between these tiers is about $101. If you can afford the up-front expense, it's worth considering.

Coverage LevelAverage Annual Rate in Tampa
$25K Property$183
$50K Property$284

Money-saving tip: bundle your renters and car insurance policies

If you’re looking to cut your insurance expenditures, carry your renters and auto policies under the same insurance company. Bundling renters and car insurance in Tampa can lead to substantial savings. In fact, bundling renters and auto insurance leads to average savings of 2.8% on car insurance premiums. The car insurance company with the cheapest bundled rate is State Farm, followed by GEICO and Progressive.


AUTO AND RENTERS INSURANCE BUNDLING DISCOUNTS IN TAMPA
Annual Bundle SavingsBundle Savings %
$812.8%

Need renters insurance? Talk to an expert today.