Free Online Calculator

Renters Insurance Calculator

Estimate your renters insurance premium based on your city, personal property value, and coverage preferences. Get instant results.

Renters Insurance Estimator

Display:

Estimated Premium

Based on your inputs

$0

per month

Personal Property$0
Liability$0
Additional Living Expense$0
Discounts-$0

Frequently Asked Questions

What does renters insurance cover?

Renters insurance covers your personal belongings against theft, fire, vandalism, and other perils. It also provides liability coverage and additional living expenses if your unit becomes uninhabitable.

How much renters insurance do I need?

Most experts recommend coverage equal to the total value of your personal possessions. A typical policy provides $15,000-$30,000 in personal property coverage and $100,000 in liability.

Is renters insurance required?

Renters insurance is not legally required, but many landlords now require it as a condition of the lease. Your landlord's insurance does not cover your personal belongings.

Actual cash value vs. replacement cost?

ACV pays the depreciated value of your items. Replacement cost pays to replace items at current market prices. Replacement cost typically costs 10-15% more but provides better protection.

Does renters insurance cover my roommate?

Roommates are generally not covered under your policy unless listed as insured. Each roommate should have their own policy for proper coverage.

InsurTool·Editorial review 2026-08-14

Estimates are prepared by the InsurTool editorial team from NAIC model-act references, state Department of Insurance rate publications, and carrier methodology disclosures, and reviewed for accuracy by a named editor before publication. This site is educational, not insurance, brokerage, or financial advice.

Related tools from our network

A focused set of free calculators and guides across related topics — no account required.