Shop for Renters Insurance

MoneyGeek has all the information and tools you need to shop for renters insurance online. We help renters like you take the guesswork out of finding the right coverage, saving you time and money.

Shop for Renters Insurance by State

Click on your state to find out how to get the best renters insurance rates.

Renters Insurance Quotes

Enter Your Zip Code to Compare Renters Insurance Quotes

Common Questions About Shopping for Renters Insurance

Below are the most common questions about shopping for renters insurance. Click on each question to learn more about what kind of coverage you need, how to find the best rate and more.

Choosing the right renters insurance policy is about balancing how much you value customer service against the cheapest rates. Whether you’re looking for the best balance of price and customer service experience, or your primary focus is saving a few dollars per month, MoneyGeek can help you find the company that fits your needs with these rankings of the best and cheapest insurers.

Best Renters Insurance Companies

Cheapest Renters Insurance Companies

Shop Renters Insurance Locally

Where you live is a major factor in determining your renters insurance costs. Different states, cities and neighborhoods may have different average costs, and shopping locally for renters insurance could save you money. Be sure to compare rates from several different insurance providers in order to ensure you’re getting the best possible deal.

AlabamaAverage annual cost of renters insurance in AL is $203

AlaskaAverage annual cost of renters insurance in AK is $91

ArizonaAverage annual cost of renters insurance in AZ is $147Tucson, Phoenix

ArkansasAverage annual cost of renters insurance in AR is $197

CaliforniaAverage annual cost of renters insurance in CA is $238San Francisco, San Diego, Los Angeles

ColoradoAverage annual cost of renters insurance in CO is $128Colorado Springs, Denver

ConnecticutAverage annual cost of renters insurance in CT is $100

DelawareAverage annual cost of renters insurance in DE is $129

District Of ColumbiaAverage annual cost of renters insurance in DC is $123

FloridaAverage annual cost of renters insurance in FL is $119Miami, Tampa, Jacksonville, Orlando

GeorgiaAverage annual cost of renters insurance in GA is $222Atlanta

HawaiiAverage annual cost of renters insurance in HI is $117

IdahoAverage annual cost of renters insurance in ID is $97

IllinoisAverage annual cost of renters insurance in IL is $124Chicago

IndianaAverage annual cost of renters insurance in IN is $153Indianapolis

IowaAverage annual cost of renters insurance in IA is $103

KansasAverage annual cost of renters insurance in KS is $128
KentuckyAverage annual cost of renters insurance in KY is $125Louisville

LouisianaAverage annual cost of renters insurance in LA is $160New Orleans

MaineAverage annual cost of renters insurance in ME is $88

MarylandAverage annual cost of renters insurance in MD is $130

MassachusettsAverage annual cost of renters insurance in MA is $138Boston

MichiganAverage annual cost of renters insurance in MI is $249

MinnesotaAverage annual cost of renters insurance in MN is $101Minneapolis

MississippiAverage annual cost of renters insurance in MS is $215

MissouriAverage annual cost of renters insurance in MO is $150Kansas City

MontanaAverage annual cost of renters insurance in MT is $114

NebraskaAverage annual cost of renters insurance in NE is $119Omaha

NevadaAverage annual cost of renters insurance in NV is $129Las Vegas

New HampshireAverage annual cost of renters insurance in NH is $100

New JerseyAverage annual cost of renters insurance in NJ is $104

New MexicoAverage annual cost of renters insurance in NM is $94

New YorkAverage annual cost of renters insurance in NY is $124New York

North CarolinaAverage annual cost of renters insurance in NC is $106Raleigh, Charlotte

North DakotaAverage annual cost of renters insurance in ND is $79
OhioAverage annual cost of renters insurance in OH is $142Cleveland, Columbus

OklahomaAverage annual cost of renters insurance in OK is $153Oklahoma City, Tulsa

OregonAverage annual cost of renters insurance in OR is $114Portland

PennsylvaniaAverage annual cost of renters insurance in PA is $194Philadelphia, Pittsburgh

Rhode IslandAverage annual cost of renters insurance in RI is $124

South CarolinaAverage annual cost of renters insurance in SC is $132Charleston

South DakotaAverage annual cost of renters insurance in SD is $83

TennesseeAverage annual cost of renters insurance in TN is $218Memphis, Nashville

TexasAverage annual cost of renters insurance in TX is $134Austin, San Antonio, Houston, Corpus Christi, Dallas

UtahAverage annual cost of renters insurance in UT is $107

VermontAverage annual cost of renters insurance in VT is $105

VirginiaAverage annual cost of renters insurance in VA is $127

WashingtonAverage annual cost of renters insurance in WA is $118Seattle

West VirginiaAverage annual cost of renters insurance in WV is $121

WisconsinAverage annual cost of renters insurance in WI is $108Madison

WyomingAverage annual cost of renters insurance in WY is $125
AlabamaAverage annual cost of renters insurance in AL is $203

AlaskaAverage annual cost of renters insurance in AK is $91

ArizonaAverage annual cost of renters insurance in AZ is $147Tucson, Phoenix

ArkansasAverage annual cost of renters insurance in AR is $197

CaliforniaAverage annual cost of renters insurance in CA is $238San Francisco, San Diego, Los Angeles

ColoradoAverage annual cost of renters insurance in CO is $128Colorado Springs, Denver

ConnecticutAverage annual cost of renters insurance in CT is $100

DelawareAverage annual cost of renters insurance in DE is $129

District Of ColumbiaAverage annual cost of renters insurance in DC is $123

FloridaAverage annual cost of renters insurance in FL is $119Miami, Tampa, Jacksonville, Orlando

GeorgiaAverage annual cost of renters insurance in GA is $222Atlanta

HawaiiAverage annual cost of renters insurance in HI is $117

IdahoAverage annual cost of renters insurance in ID is $97

IllinoisAverage annual cost of renters insurance in IL is $124Chicago

IndianaAverage annual cost of renters insurance in IN is $153Indianapolis

IowaAverage annual cost of renters insurance in IA is $103

KansasAverage annual cost of renters insurance in KS is $128

KentuckyAverage annual cost of renters insurance in KY is $125Louisville

LouisianaAverage annual cost of renters insurance in LA is $160New Orleans

MaineAverage annual cost of renters insurance in ME is $88

MarylandAverage annual cost of renters insurance in MD is $130

MassachusettsAverage annual cost of renters insurance in MA is $138Boston

MichiganAverage annual cost of renters insurance in MI is $249

MinnesotaAverage annual cost of renters insurance in MN is $101Minneapolis

MississippiAverage annual cost of renters insurance in MS is $215

MissouriAverage annual cost of renters insurance in MO is $150Kansas City
MontanaAverage annual cost of renters insurance in MT is $114

NebraskaAverage annual cost of renters insurance in NE is $119Omaha

NevadaAverage annual cost of renters insurance in NV is $129Las Vegas

New HampshireAverage annual cost of renters insurance in NH is $100

New JerseyAverage annual cost of renters insurance in NJ is $104

New MexicoAverage annual cost of renters insurance in NM is $94

New YorkAverage annual cost of renters insurance in NY is $124New York

North CarolinaAverage annual cost of renters insurance in NC is $106Raleigh, Charlotte

North DakotaAverage annual cost of renters insurance in ND is $79

OhioAverage annual cost of renters insurance in OH is $142Cleveland, Columbus

OklahomaAverage annual cost of renters insurance in OK is $153Oklahoma City, Tulsa

OregonAverage annual cost of renters insurance in OR is $114Portland

PennsylvaniaAverage annual cost of renters insurance in PA is $194Philadelphia, Pittsburgh

Rhode IslandAverage annual cost of renters insurance in RI is $124

South CarolinaAverage annual cost of renters insurance in SC is $132Charleston

South DakotaAverage annual cost of renters insurance in SD is $83

TennesseeAverage annual cost of renters insurance in TN is $218Memphis, Nashville

TexasAverage annual cost of renters insurance in TX is $134Austin, San Antonio, Houston, Corpus Christi, Dallas

UtahAverage annual cost of renters insurance in UT is $107

VermontAverage annual cost of renters insurance in VT is $105

VirginiaAverage annual cost of renters insurance in VA is $127

WashingtonAverage annual cost of renters insurance in WA is $118Seattle

West VirginiaAverage annual cost of renters insurance in WV is $121

WisconsinAverage annual cost of renters insurance in WI is $108Madison

WyomingAverage annual cost of renters insurance in WY is $125
AlabamaAverage annual cost of renters insurance in AL is $203

AlaskaAverage annual cost of renters insurance in AK is $91

ArizonaAverage annual cost of renters insurance in AZ is $147Tucson, Phoenix

ArkansasAverage annual cost of renters insurance in AR is $197

CaliforniaAverage annual cost of renters insurance in CA is $238San Francisco, San Diego, Los Angeles

ColoradoAverage annual cost of renters insurance in CO is $128Colorado Springs, Denver

ConnecticutAverage annual cost of renters insurance in CT is $100

DelawareAverage annual cost of renters insurance in DE is $129

District Of ColumbiaAverage annual cost of renters insurance in DC is $123

FloridaAverage annual cost of renters insurance in FL is $119Miami, Tampa, Jacksonville, Orlando

How to Shop Renters Insurance: Renters Insurance Buying Guide

Whether you’re about to rent your first apartment or have been renting for years, purchasing renters insurance is a great way to affordably protect your possessions in case anything goes wrong. Before you decide on a renters insurance policy, follow these steps to make sure you get the best coverage at the right price.

1

Educate Yourself on What Renters Insurance Covers

In order to choose the best renters insurance policy to meet your needs, you should understand what renters insurance does and does not cover. The main difference between renters insurance and homeowners insurance is that renters insurance doesn’t cover the physical structure of the home or apartment you’re renting. Here are some of the things that renters insurance typically covers:

  • Personal property: Renters insurance covers damage or theft of personal property such as clothing, electronics, appliances and furniture.
  • Temporary living expenses: If you need to find alternative lodgings after your apartment has been damaged, renters insurance will cover your temporary living expenses, like hotel accommodations and meals.
  • Personal liability: Renters insurance includes personal liability coverage in case your negligence results in guests or visitors being injured or having their property damaged. This can sometimes be used as pet liability coverage in case your pet injures a guest or damages their belongings.
  • Medical payments: Some renters insurance policies cover medical payments for guests who are injured in your apartment.

Renters insurance does not usually cover:

  • The physical structure: Unlike homeowners insurance, renters insurance does not cover the physical structure of your apartment building. Your landlord or property owner is responsible for insuring the physical structure.
  • Floods and earthquakes: Renters insurance doesn’t typically cover damage caused by floods or earthquakes, although renters can purchase flood insurance coverage separately.
  • Water backup: Renters insurance doesn’t cover water backup or sewer damage, but renters can purchase floater coverage for these damages at an additional cost.
  • Your roommate’s property: In most cases, your roommate or housemate will have to purchase a separate policy to cover their own personal property.
  • Intentional damage: Your property won’t be covered if it is intentionally damaged, and your insurance provider will conduct an investigation to ensure you aren’t committing insurance fraud when you file a claim.
  • Vehicles: Renters insurance doesn’t cover damage to vehicles. If you’re interested in covering your vehicle in case of damage, you should purchase comprehensive coverage as part of your auto insurance policy.
  • Rodents and pests: Renters insurance doesn’t typically cover damage caused by rodents and pests.
2

Determine How Much Renters Insurance You Need

How much renters insurance you need will depend on how much personal property you own and how much risk you can tolerate. When determining how much renters insurance you should get, calculate the total value of your personal property. While the value of your possessions can add up faster than you might think, you should maintain an accurate inventory in order to ensure that your belongings are all covered.

  • Inventory items: You should make a list of all of your personal possessions, taking photographs and noting approximately how much each item cost. If you’re purchasing renters insurance as a college student or young adult with few valuable possessions, you might need less personal property coverage than individuals with more valuable possessions.
  • Collect receipts: When making new significant purchases, you should save the receipts so that you have a record of how much they cost for insurance purposes. This can make it easier to file a claim in case anything happens to your property.
  • Estimate value by category and total cost: In order to determine how much personal property coverage you should purchase, it’s a good idea to estimate your possessions’ value by category and total cost.
  • ACV vs. RCV: Some insurance policies cover your personal property based on the RCV, or replacement cost value, which is the amount that it would cost to replace lost or damaged items with a new version of that item. Others cover your personal property based on the ACV, or actual cost value, which is the value of your possessions after they have depreciated. ACV coverage is typically less expensive than RCV coverage, so you should be sure to clarify with your insurance provider which kind of coverage they offer.
3

Get Free Online Renters Insurance Quotes

Getting multiple quotes from different renters insurance providers can help to ensure that you get the best possible rates. Comparing renters insurance quotes is easy to do online. While renters insurance rates can vary greatly depending on where you live and how much coverage you need, the average cost of renters insurance is just $13 per month, making it an affordable way to protect your possessions.

4

Compare Renters Insurance Policies

When comparing the price of renters insurance policies, make sure you’re comparing apples to apples. If you got a quote for a policy with $20,000 in personal property coverage, use the same coverage amounts when you get a quote from the next insurer.

And you should compare more than just rates. Even renters insurance policies that are similarly priced can vary significantly when it comes to how much they cover. In order to ensure that you’re making accurate comparisons and getting the most value out of your policy, you should compare policies with similar terms and coverage amounts. The best renters insurance policies are affordable without skimping on coverage and have a history of financial strength and customer satisfaction.