According to the U.S. Bureau of Labor Statistics, prices for tenants' and household insurance were 49.17% higher in 2018 versus 1997.
Between 1997 and 2018: Tenants' and household insurance experienced an average inflation rate of 1.92% per year. In other words, tenants' and household insurance costing $20 in the year 1997 would cost $29.83 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.10% during this same period, inflation for tenants' and household insurance was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Tenants' and household insurance: