Question

How much total money is paid for renter's insurance in New York State every year?

Answer 1

Well, that's a interesting as well as the good question to ask.
If you are talking about New York State renter's insurance  annually then is approximately " 211 dollars per years " .
Also the average monthly renter's insurance cost is about "17.58 dollars"
Moreover in the US the whole  year's average  renters insurance amount is about "187 dollars" But that amount varies according to  the area and depends upon the area where you are living.

Answer 2

Renter’s insurance is also called tenant’s insurance. This insurance policy is offered by a majority of the insurance providers in New York. The insurance policy covers personal liability and property, medical payment for others and loss of use.

A policy typically costs close to $300 for a year to protect a property worth approximately $50,000.