List Of What Is The Cheapest Renters Insurance In Alabama References. In alabama, the average cost of renters insurance is $377 per year or $31 per month, that’s. In alabama, the cheapest homeowners insurance is offered by usaa at $2,623 per year for $300,000 dwelling coverage, $300,000 liability protection and.

The average cost of rent in birmingham, alabama, is $917 per month renters insurance premium. Since then, the company has grown to become one of the. Nerdwallet analyzed renters insurance rates across the country to find the cheapest companies in each state and in 25 major cities, plus average nationwide rates for nine highly rated.