Best & Cheapest Renters Insurance In Missouri For 2025

The average cost of renters insurance in Missouri is approximately $276 per year or about $23 per month. Missouri has slightly higher than average costs, influenced by factors like location and risk of tornado damage or floods, as well as risk of theft. As over 32% of households in the state of Missouri rent their home, it’s important to find the best and cheapest renters insurance.

Having had over 15 years of experience as a licensed property and casualty agent, I’ve helped many clients find the right renters insurance to suit their needs and budget. This deep industry knowledge allows me to provide insights that save you time and money while making sure you have the right coverage.

Cheapest Renters Insurance Companies In Missouri

Shelter and Travelers are the cheapest renters insurance companies in Missouri. Shelter costs an average of $11 per month, while Travelers costs around $13.

Best Renters Insurance Companies In Missouri 2025

State Farm is the best renters insurance company in Missouri, with average monthly premiums of $15.

Use the table below to view the best renters insurance companies in Missouri, and their average rates.

How Much Is Renters Insurance In Missouri?

The average cost of renters insurance in Missouri is typically around $23 per month, or about $276 annually. However, the exact cost can vary significantly depending on several factors. These include the location of the rental property, the value of your personal belongings, the coverage limits, and any additional coverage options you may choose.

Average Missouri Renters Insurance Costs – By City

Where you live in Missouri can have a significant impact on the cost of renters insurance.

Here’s a table showing the average cost of renters insurance in 10 major cities in Missouri:

What Factors Affect The Price Of Renters Insurance In Missouri?

Several factors influence the cost of renters insurance in Missouri. Understanding these can help you manage your premium:

• Location: Areas near water or prone to floods often have higher premiums. This includes areas near the Missouri and Mississippi rivers. Urban areas with higher crime rates will also see higher premiums compared to rural regions of the state.
• Value of Personal Belongings: The more valuable your possessions, the higher your coverage limits and premiums.
• Deductible: A higher deductible can lower your monthly premium but increase out-of-pocket costs.
• Claim History: A history of claims may increase your rates.
• Rental Property Type: Apartments may cost less to insure than houses.
• Safety Features: Renters can lower their renters insurance by installing safety features including smoke detectors, security systems, and deadbolts, particularly in areas with higher crime rates.

Is Renters Insurance Required In Missouri?

In Missouri, renters insurance is not legally required by the state, but many landlords or property management companies may require tenants to have a policy in place. While the law does not mandate renters insurance, landlords often include this requirement in the lease agreement as a way to protect both the tenant and the property owner.

For tenants, having renters insurance is a wise decision, even if it’s not required by law. It helps safeguard personal property, which may be costly to replace out-of-pocket. Furthermore, renters insurance may provide coverage for temporary living expenses if the rental unit becomes uninhabitable due to a covered event.

While not mandatory, renters insurance can provide peace of mind and financial protection. It’s important to review the lease agreement and check with the landlord to see if it’s a requirement, as failure to comply could result in penalties or lease termination.

Common Renters Insurance Discounts In Missouri

Renters insurance providers in Missouri offer various discounts that can reduce your premiums:

• Bundling Policies: Combining auto and renters insurance with the same company can lead to savings.
• Security Features: Installing security systems or smoke alarms can result in discounts.
• Claim-Free Discounts: If you haven’t filed claims in several years, you may qualify for lower rates.
• Property Age: Newer, well-maintained homes may qualify for discounts.
• Loyalty Discounts: Long-term customers may receive reduced rates over time.

Common Renters Insurance Claims In Missouri

Some of the most common claims include theft from inside the home as well as water damage from frozen pipes and appliance failure. Similarly, damage from fire and smoke originating in a rental property or a neighboring property are among some of the common renters insurance claims in Missouri.

In terms of natural disasters, the most common renters insurance claims have to do with tornadoes, wind storms, and flooding.

Does Renters Insurance In Missouri Cover Winter Storms?

Renters insurance can cover parts of damage from winter storms. Winter storms are common in Missouri, with occasional blizzards in the north. In such situations, wind damage is covered, as is damage from heavy snow or ice, but not floods that happen as a result of severe weather. For that level of protection, it is best to invest in extra flood insurance.

Does Renters Insurance In Missouri Cover Fire?

Yes, renters insurance in Missouri covers fire damage to personal property and the rental unit itself. If a fire destroys belongings or causes damage to the apartment or house you’re renting, your renters insurance policy will typically cover the cost of repairs or replacement. This includes damage from smoke, heat, and soot.

Renters insurance also provides liability coverage if the fire spreads and causes damage to neighboring units. It’s important to keep an updated inventory of belongings to ensure adequate coverage.

Does Renters Insurance In Missouri Cover Tornadoes?

Missouri is located within “Tornado Alley” so it experiences high numbers of tornadoes. Yes, renters insurance generally covers tornado damage in Missouri. It won’t cover damage to the building itself but it will protect your personal belongings. If a tornado destroys the property, that damage has to be covered by the landlord’s policy.

Tornadoes are typically considered wind-related incidents, and most renters insurance policies include coverage for damage caused by windstorms. If a tornado damages personal property or the rental unit itself, renters insurance will typically cover repair or replacement costs.

However, it’s important to review your policy to ensure that the specific coverage for wind and tornado damage is included. Additional coverage may be needed for high-value items, depending on the policy.

Does Renters Insurance In Missouri Cover Flooding?

Missouri, with homes located along the Missouri and Mississippi rivers, flooding is a common occurrence in Missouri. Unfortunately, renters insurance in Missouri does not cover flooding caused by heavy rains, storm surges, or rising water. Flooding is considered a separate peril, and standard renters policies exclude this type of damage. To protect against flooding, renters in Missouri must purchase separate flood insurance through the National Flood Insurance Program (NFIP), administered by the Federal Emergency Management Agency (FEMA) in Missouri, or private insurers.

Flood insurance will cover damage to personal property and the structure of the rental unit caused by rising water, ensuring comprehensive coverage in flood-prone areas.

Does Renters Insurance In Missouri Cover Wind Damage?

Yes, renters insurance in Missouri generally covers wind damage caused by events such as windstorms, tornadoes, and hail. Wind-related damage to personal belongings, such as furniture, electronics, and clothing, is usually covered under a standard renters policy.

It’s important to review your policy to confirm that wind damage is included and to consider additional coverage if necessary for extreme weather events.

What Does Renters Insurance Cover In Missouri?

Renters insurance provides essential protection for your belongings and liability, offering financial security in the event of unexpected incidents. Understanding what is covered under a renters insurance policy helps you make informed decisions about your coverage needs. Below, we break down the key components of renters insurance coverage.

Personal Property Coverage

Renters insurance typically covers personal belongings, such as furniture, clothing, electronics, and appliances, in the event of theft, fire, vandalism, or other covered disasters. It helps you replace or repair your possessions up to the policy’s coverage limit.

Liability Coverage

Liability protection is an essential part of renters insurance. It covers legal expenses and medical costs if someone is injured while on your property. For example, if a guest slips and falls in your home, liability coverage can help pay for their medical bills and any legal fees if you are sued.

Additional Living Expenses

If your rental becomes uninhabitable due to a covered incident, such as a fire or storm, renters insurance can cover additional living expenses. This includes the cost of temporary housing, meals, and other expenses while your home is being repaired or replaced.

Medical Payments To Others

This coverage provides small, no-fault medical payments if someone is injured on your property, regardless of who is at fault. It helps cover minor medical expenses without the need for a lawsuit or liability claim.

Loss Of Use Coverage

If you cannot use your rental due to a covered event, loss of use coverage can help with extra costs such as hotel stays and transportation.

Flood Insurance

As Missouri regularly experiences floods from the major rivers running through the state, flood damage is a significant risk but is not covered under traditional policies. Renters can, however, purchase separate flood insurance.

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