Statistics About The Average Renters Insurance Cost In Texas

In this post, we explore the intricacies of renters insurance costs in Texas, providing a detailed breakdown of average rates across different cities and regions. With statistics revealing varying price ranges, statewide averages, and comparisons to national norms, readers can gain a clear understanding of the financial implications associated with securing renters insurance in the Lone Star State.

Statistic 1

"The average renters insurance cost in Texas is $20 per month."

Statistic 2

"Texas ranks as the 7th most expensive state for renters insurance."

Statistic 3

"The statewide annual average for renters insurance in Texas is around $240."

Statistic 4

"The price of Texas renters insurance can vary by as much as $200, depending upon where in the state you live."

Statistic 5

"San Antonio sees an average renters insurance cost per year of $239."

Statistic 6

"In Dallas, residents pay an average yearly renters insurance cost of $253."

Statistic 7

"Austin's average renters insurance cost per year is $232."

Statistic 8

"The monthly cost of renters insurance in El Paso averages at around $19."

Statistic 9

"In Plano, renters pay on average $20 for minimum coverage per month."

Statistic 10

"Renters insurance in Galveston can cost as much as $41 for standard coverage."

Statistic 11

"The average cost of renters insurance in Arlington, Texas is $26 per month."

Statistic 12

"For a $20,000 personal property coverage, the average cost for renters insurance in Texas is $25 per month."

Statistic 13

"The most expensive ZIP code for renters insurance in Texas is 78526 with an average rate of $32 per month."

Statistic 14

"The cheapest ZIP code for renters insurance in Texas is 78628 with an average rate of $15 per month."

Statistic 15

"The renters insurance cost in Texas is 8% more than the national average."

Statistic 16

"The minimum renters insurance cost in Texas is around $10 per month."

Statistic 17

"Renters under 25 in Texas may face slightly higher rates for renters insurance, with an average cost of $23 per month."

Overall, the statistics reveal that renters insurance costs in Texas vary significantly depending on the location within the state, with an average monthly cost of $20 and an annual statewide average of around $240. Texas ranks as the 7th most expensive state for renters insurance, with renters in cities like Dallas and Galveston paying higher premiums compared to areas like El Paso and Plano. The data also indicates a slight premium increase for renters under 25, while ZIP codes can also significantly impact insurance rates. These findings highlight the importance of shopping around and comparing quotes to ensure renters in Texas are getting the best coverage at a competitive price.