Average Renters Insurance Rates for Richmond, Texas
| Average Annual Insurance Rate |
| $346 |
The Cheapest Renters Insurance Rates for Richmond, Texas
| Provider |
Annual Insurance Rate |
| American Mercury |
$135 |
| Texas Farm Bureau |
$154 |
| Texas Fair Plan |
$163 |
| Auto Club |
$183 |
| Travellers |
$189 |
| AMICA |
$207 |
| Nationwide |
$218 |
| Kemper Insurance |
$219 |
| Travelers Insurance |
$242 |
| Progressive |
$250 |
The Most Popular Renters Insurance Providers in Richmond, Texas
| Provider |
Annual Renters Insurance Rate |
Monthly Renters Insurance Rate |
| Allstate |
$297 |
$297 |
| Liberty Insurance |
$1014 |
$1014 |
| Nationwide |
$257 |
$257 |
| State Farm |
$317 |
$317 |
Does credit score affect Richmond renters insurance rates?
| Credit Score |
Average Annual Insurance Rate |
| bad |
$455 |
| average |
$346 |
| good |
$292 |
Yes! Your credit rating can impact the price you pay for Richmond Renters Insurance up to
$163 per year. Our analysis shows Richmond renter's insurance shoppers with poor credit will pay up to
56% higher rates than shoppers with good credit. Renters insurance shoppers eith poor credit will pay rates that are
37% higher than people with average credit and average credit rate shoppers will pay
18% higher rates than shoppers with good credit.
Does Building Construction affect Richmond renters insurance rates?
| Construction Type |
Average Annual Insurance Rate |
| frame |
$3173 |
| Stucco/Hardie |
$2930 |
| Brick Veneer |
$2805 |
Yes the construction style may also impact the price you pay for Richmond renters Insurance up to
$368 per year. Richmond renters insurance shoppers with frame style construction pay up to
13% higher rates than homes made with brick while renters with homes constructed with Stucco or Hardieboard will pay
4% higher rates than homes made with Brick Veneer.
Is Renters insurance higher for older homes in Richmond?
| Residence Age |
Average Annual Insurance Rate |
| 1 Year(s) Old |
$2012 |
| 10 Year(s) Old |
$2805 |
| 35 Year(s) Old |
$3157 |
Your home age impacts the price you pay for Richmond renters Insurance up to
$1145 per year. Richmond renters insurance shoppers with older homes pay
57% higher rates than new homes while renters with homes less than 30 years old will pay
39% higher rates than new construction homes.