For Nashville residents, cost is one of the essential factors to consider when purchasing renters insurance policies since most companies provide the same standard coverages. To secure the best coverage, you may need to compare renters insurance quotes from different providers.
Moneygeek discovered that, on average, the most affordable renters insurance in Nashville for the average consumer is from:
- USAA: $75 per year (limited to current and former military members)
- State Farm: $115 per year
USAA provides better value to its policyholders by reimbursing them for items at replacement costs. The company’s standard and comprehensive policies also cover damage from earthquakes and floods.
The figures indicated in this study represent a policy with $20,000 in personal property coverage limits, $100,000 in liability coverage limits and $500 as the deductible. Renters may pay different amounts based on the amount of coverage and many other factors. Use the table below to compare prices for different personal property coverage limits.
Renters who reside outside Nashville, but within Tennessee can still compare average renters insurance rates in the entire state.