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Find the Best Renters Insurance in Indianapolis, IN

Over one-third of households in Indianapolis rent. But many risk financial loss because they don’t have renters insurance. Having a policy protects you in case personal possessions are destroyed or stolen or if you are liable for a property-related accident. We researched the best renters insurance in Indianapolis so you purchase the right coverage at a fair price.

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  • Covers up to $250,000 of property and $1 million of liability
  • Offers a free online claims tool
  • Free informational materials online
  • Available in Indianapolis and select states
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  • Best rates all in one place
  • Helped over 4.5 million customers
  • Seamless, secure online payments
  • Available in Indianapolis

Wide choice of A-rated insurers!

Serves residents in
Indianapolis, IN
(855) 695-2255
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  • Insurers for your needs & budget
  • Largest online marketplace
  • Fast, free quote comparison
  • Available in Indianapolis
Serves residents in
Indianapolis, IN
(855) 522-3444
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American Family Insurance: Reed Fish
  • M-F: 9am - 5pm
  • Sat: 9am - 12pm
  • Closed Sun
  • agent.amfam.com/reed-fish
7402 Rockville Rd., Ste. B
Indianapolis, IN 46214
(317) 241-2422
Allstate: Thomas Porep
  • M-Th: 8am - 5:30pm
  • F: 8am - 4:30pm
  • Closed Sat and Sun
  • agents.allstate.com
8354 Little Eagle Ct., Ste. C
Indianapolis, IN 46234
(317) 680-0014
State Farm: Rahvy Murray
  • M-F: 9am - 5pm
  • Closed Sat and Sun
  • murraysfinsurance.com
7503 Rockville Rd.
Indianapolis, IN 46214
(317) 297-3804
Liberty Mutual Insurance
  • M-F: 8am - 5pm
  • Closed Sat and Sun
  • libertymutual.com/renters-insurance
350 E. 96th St.
Indianapolis, IN 46240
(317) 581-6400
Allstate: Jorge Herrera
  • M-F: 9am - 5pm
  • Closed Sat and Sun
  • agents.allstate.com
346 S. Lynhurst Dr., Ste. 601
Indianapolis, IN 46241
(317) 246-7203
Nationwide: Gregory J. Brelage
  • M-Th: 9am - 6pm
  • F: 9am - 5pm
  • Closed Sat and Sun
  • agency.nationwide.com
5451 Emerson Wy.
Indianapolis, IN 46226
(317) 591-2660
The Hartford
  • M-Sun: 7am - 11pm
  • thehartford.com
501 Pennsylvania Pkwy., Ste. 400
Indianapolis, IN 46280
(860) 547-5000
State Farm: Jeff Susong
  • M-F: 9am - 5pm
  • Closed Sat and Sun
  • jeffsusong.com
3838 W. 86th St.
Indianapolis, IN 46268
(317) 872-7722

How to choose rental insurance in Indianapolis

Indianapolis skyline

Renters insurance is similar to homeowners insurance, except it does not include dwelling coverage. It’s a smart idea to purchase a policy because a landlord’s insurance typically does not extend to your personal possessions (e.g., furniture, clothing, electronics) or your liability.

The most common renters insurance claims are for loss of personal property due to theft or fire or smoke damage. Renters insurance in Indianapolis also covers other perils, or risks. These usually include:

  • Lightning strikes
  • Windstorms or hail
  • Vandalism
  • Water leaks
  • Weight of snow or ice
  • Damage from an aircraft or vehicle
  • Riots or explosions

When you sign up for renters insurance in Indianapolis, you’ll choose the coverage limit you want for personal property (the maximum total amount the insurance company will pay) and the exact type of coverage: actual cash value, which takes depreciation into account, or replacement cost, which gives you the money to buy the item new at current cost. Policies with replacement cost coverage are higher-priced.

Renter's insurance also provides liability coverage in case someone is injured at your residence or you damage someone else’s property. Additionally, it pays for living expenses above and beyond your normal monthly costs if your apartment or rental home becomes uninhabitable after a covered event.

How much is renters insurance in Indianapolis?

Whether you live in Fountain Square, Lockerbie Square, Broad Ripple or any other popular Indianapolis neighborhood, renters insurance is affordable. Most policies cost between $15 - $20 per month, right around the national average.

The price you pay depends on where you live, what coverage limits you select, the deductible you choose and your personal claims and credit history.

You can get discounts for:

  • Multipolicy bundling
  • Having safety devices like a security system or smoke detectors
  • Signing up for automatic payment withdrawals
  • Being claim-free

Before choosing a policy, read your lease or ask a property manager to find out if you are required to buy certain amounts of coverage or if you need to name the property as an additional insured on the policy.

Select your coverage limits based on the approximate value of your possessions and your assets. Keep in mind that a policy may limit how much it pays out for certain high-value items like jewelry, so you might need additional coverage known as scheduled personal property.

Renters Insurance Reviews


Lemonade is a renters insurance provider with policies covering up to $1 million. The application and claims processes are entirely online, and many claims are instantly approved with proper documentation. Lemonade’s Giveback program donates unused claim money to the charity of your choice. Ask about discounts for having a security system, fire alarm or other safety features.

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Over 4.5 million insurance shoppers have used Policygenius, an independent, online insurance broker. Policygenius will help you figure out the right coverage limits and provide you with clear policy summaries and price quotes. Once you’re ready to purchase renters insurance, you’ll have coverage within minutes. Customers like the personalized recommendations and discounts.



EverQuote is an online marketplace for all types of insurance, including renters policies. Provide information about your rental, and the company will connect you by phone or email with highly-rated providers that meet your needs and budget. Customers like how fast the process at EverQuote works, but some have reported a high number of solicitations after submitting information.