Average Renters Insurance Rates for McKinney, Texas
| Average Annual Insurance Rate |
| $246 |
The Cheapest Renters Insurance Rates for McKinney, Texas
| Provider |
Annual Insurance Rate |
| Hartford Insurance |
$97 |
| Trumbull Insurance |
$103 |
| Twin City Fire Insurance |
$106 |
| Hartford Insurance |
$121 |
| American Mercury |
$125 |
| Travellers |
$128 |
| Encompass |
$128 |
| Texas Farm Bureau |
$129 |
| Texas Fair Plan |
$130 |
| Auto Club |
$146 |
The Most Popular Renters Insurance Providers in McKinney, Texas
| Provider |
Annual Renters Insurance Rate |
Monthly Renters Insurance Rate |
| Allstate |
$219 |
$219 |
| Liberty Insurance |
$658 |
$658 |
| Nationwide |
$228 |
$228 |
| State Farm |
$217 |
$217 |
Does credit score affect McKinney renters insurance rates?
| Credit Score |
Average Annual Insurance Rate |
| bad |
$321 |
| average |
$246 |
| good |
$208 |
Yes! Your credit rating can impact the price you pay for McKinney Renters Insurance up to
$113 per year. Our analysis shows McKinney renter's insurance shoppers with poor credit will pay up to
54% higher rates than shoppers with good credit. Renters insurance shoppers eith poor credit will pay rates that are
36% 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 McKinney renters insurance rates?
| Construction Type |
Average Annual Insurance Rate |
| frame |
$2065 |
| Stucco/Hardie |
$1925 |
| Brick Veneer |
$1877 |
Yes the construction style may also impact the price you pay for McKinney renters Insurance up to
$188 per year. McKinney renters insurance shoppers with frame style construction pay up to
10% higher rates than homes made with brick while renters with homes constructed with Stucco or Hardieboard will pay
3% higher rates than homes made with Brick Veneer.
Is Renters insurance higher for older homes in McKinney?
| Residence Age |
Average Annual Insurance Rate |
| 1 Year(s) Old |
$1343 |
| 10 Year(s) Old |
$1877 |
| 35 Year(s) Old |
$2151 |
Your home age impacts the price you pay for McKinney renters Insurance up to
$808 per year. McKinney renters insurance shoppers with older homes pay
60% higher rates than new homes while renters with homes less than 30 years old will pay
40% higher rates than new construction homes.