Average Renters Insurance Rates for Midland, Texas
| Average Annual Insurance Rate |
| $268 |
The Cheapest Renters Insurance Rates for Midland, Texas
| Provider |
Annual Insurance Rate |
| Hartford Insurance |
$107 |
| Trumbull Insurance |
$114 |
| Twin City Fire Insurance |
$121 |
| American Mercury |
$125 |
| Hartford Insurance |
$135 |
| Travellers |
$135 |
| Texas Farm Bureau |
$143 |
| Progressive |
$157 |
| Progressive |
$159 |
| Texas Fair Plan |
$171 |
The Most Popular Renters Insurance Providers in Midland, Texas
| Provider |
Annual Renters Insurance Rate |
Monthly Renters Insurance Rate |
| Allstate |
$185 |
$185 |
| Liberty Insurance |
$778 |
$778 |
| Nationwide |
$223 |
$223 |
| State Farm |
$213 |
$213 |
Does credit score affect Midland renters insurance rates?
| Credit Score |
Average Annual Insurance Rate |
| bad |
$353 |
| average |
$268 |
| good |
$227 |
Yes! Your credit rating can impact the price you pay for Midland Renters Insurance up to
$126 per year. Our analysis shows Midland 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 Midland renters insurance rates?
| Construction Type |
Average Annual Insurance Rate |
| frame |
$2394 |
| Stucco/Hardie |
$2210 |
| Brick Veneer |
$2145 |
Yes the construction style may also impact the price you pay for Midland renters Insurance up to
$249 per year. Midland renters insurance shoppers with frame style construction pay up to
12% 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 Midland?
| Residence Age |
Average Annual Insurance Rate |
| 1 Year(s) Old |
$1551 |
| 10 Year(s) Old |
$2145 |
| 35 Year(s) Old |
$2398 |
Your home age impacts the price you pay for Midland renters Insurance up to
$847 per year. Midland renters insurance shoppers with older homes pay
55% higher rates than new homes while renters with homes less than 30 years old will pay
38% higher rates than new construction homes.