Nationwide, State Farm and Travelers offer Arizona's best cheap renters insurance. Nationwide ranks highest for affordable rates. State Farm provides the best customer experience and ties with Travelers for the most extensive coverage options.
Cheap Renters Insurance in Arizona
Updated: April 22, 2025
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Key Takeaways
Nationwide is Arizona's best overall renters insurance company, offering the cheapest policy at $289 annually.
Renters insurance in Arizona costs around $33 per month but ranges from $24 to $83.
To get the best and most affordable renters insurance, determine your coverage needs first, research costs and compare multiple quotes.
Arizona Renters Insurance Quote Estimates
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Rates updated:
Apr 24, 2025
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Best Cheap Renters Insurance Companies in Arizona
| Nationwide | 92 | $24 | $289 |
| American Family | 91 | $35 | $415 |
| State Farm | 89 | $39 | $468 |
| Travelers | 87 | $83 | $996 |
| Allstate | 83 | $28 | $338 |
*This list shows rates for a renter with good credit, no claims history, $50K in property damage coverage, $100K in liability coverage, a $1,000 deductible and guaranteed replacement.
Compare Personalized Best Cheap Renters Insurance in Arizona
While the list above covers most renters, it may not reflect the best options for your needs. Below is a filterable table tailored to match your profile, helping you find the best choice in Arizona.
Data filtered by:Results filtered by:
Select
Coverage Level:$50K Personal Property / $100K Liability
Select
Deductible:1000
Select
Claims History:Claim free for 5+ years
Select
Contents Replacement:Yes
Select
Credit Tier:Good
| American Family | 92 | $16 | $194 |
| Nationwide | 92 | $16 | $189 |
| State Farm | 87 | $25 | $303 |
| Auto-Owners | 86 | $19 | $230 |
| Travelers | 83 | $38 | $453 |
Best Arizona Renters Insurance Reviews
Below are more details about our top picks for affordability, customer service and coverage options for renters insurance in Arizona.
Nationwide: Most Affordable Plans
pros
Most affordable rates
Large discount offering selection
Strong coverage add-ons
cons
Smaller discount availability
COMPANY HIGHLIGHTS
Nationwide offers Arizona's lowest renters insurance rates starting at $24 monthly, regardless of coverage needs or personal profile. It ranks eighth in customer satisfaction and fifth in claims satisfaction. Customers can add water backup and earthquake coverage.
State Farm: Best for Customer Service
pros
Strong customer satisfaction ratings
Great discount selection
Large add-on coverage selection
cons
Not the most affordable option in Arizona
COMPANY HIGHLIGHTS
State Farm is Arizona's third-most affordable provider and offers the best customer satisfaction. It places seventh overall in recent J.D. Power studies. The company offers excellent add-on coverage, including earthquake, flood and computer damage protection.
Travelers: Best for Coverage Options
pros
Most extensive add-on coverage selection
Strong financial stability
Wide discount selection
cons
Lower-than-average customer satisfaction ratings
Less affordable for all coverage levels
COMPANY HIGHLIGHTS
Travelers ranks fourth for best overall renters insurance in Arizona, balancing affordability and coverage. Its unique add-ons include replacement cost coverage, water backup coverage and identity theft protection.
Average Cost of Renters Insurance in Arizona
Renters insurance costs around $33 monthly in Arizona, $13 higher than the national average of $20. These rates reflect policies with $50K in personal property coverage, $100K in liability limits and a $1,000 deductible.
Your actual rate may vary based on your profile. Check our table below to see major factors affecting renters insurance premiums and find average costs for your profile.
Data filtered by:Results filtered by:
Select
Coverage Level:$50K Personal Property / $100K Liability
Select
Deductible:1000
Select
Claims History:Claim free for 5+ years
Select
Credit Tier:Good
Select
Contents Replacement:Covered
| $50K Personal Property / $100K Liability | $33 | $396 |
Average Arizona Renters Insurance Cost by City
Renters insurance costs vary widely by city. The average annual premium in Chandler is $305; in Phoenix, it's $378 for policies with $50K in personal property coverage and $100K in liability coverage. Check the table below for the average cost in your city.
| Chandler | $305 |
| Gilbert | $320 |
| Glendale | $329 |
| Mesa | $314 |
| Peoria | $297 |
| Phoenix | $378 |
| Scottsdale | $336 |
| Surprise | $320 |
| Tempe | $336 |
| Tucson | $364 |
*This table shows rates for a renter with good credit and no claims history. Policies include $50K property damage coverage, $100K liability coverage, a $1,000 deductible and guaranteed replacement.
Arizona Renters Insurance: Buyer's Guide
Our guide makes finding the best renters insurance in Arizona simple. We'll help you choose the right coverage for your needs.
How to Find the Best Cheap Renters Insurance in Arizona
With so many options available, finding the best and cheapest policy for your needs can be challenging. Follow this step-by-step guide to choose the right coverage for your profile.
- 1
Determine the right coverage level
Before shopping for renters insurance, assess your coverage needs. Know the value of your belongings and consider risks like weather damage or pet liability.
- 2
Research costs and discounts
With coverage needs clear, research average premiums to set a benchmark. Look for discounts that might apply to your situation.
- 3
Compare providers
Research insurance companies based on costs, coverage and reputation. Create a shortlist of providers from whom to request quotes.
- 4
Consider bundling
If you have auto insurance, explore bundling it with renters insurance. This often results in savings that might cover most or all of your renters policy.
- 5
Compare multiple quotes through different channels
Collect at least five quotes with similar coverage. Use online comparison sites, insurance websites, brokers and direct calls to agents to find the best rates.
- 6
Compare rates annually
Insurance prices change, so compare rates each year to avoid overpaying. Review your policy annually to ensure it remains affordable.
How Much Renters Insurance Do I Need in Arizona?
Renters insurance isn't required by law in Arizona, but most landlords require at least $100K in liability coverage. Requirements may vary based on your rental history, credit and pet ownership. Consider how much property you want covered, weather risks, crime in your area and if you own a pet.
Use our calculator below to determine your ideal personal property limits and how much renters insurance you need.
Personal Property Coverage Calculator
When figuring out how much renters insurance you need, experts recommend the standard $100,000 in liability insurance and enough personal property protection to cover your possessions. Use MoneyGeek's calculator to estimate the value of your possessions so you know how much personal property coverage to buy.
clothing & accessories
Clothes, shoes, bags, belts, hats, gloves, etc.
Arizona Renter Risk Considerations
Arizona renters face certain risks that may require additional insurance coverage:
- Weather risks: Flash flooding is Arizona's most common natural disaster. In some areas, the state also faces a high risk of earthquakes and wildfires. Standard coverage may not cover these threats. You might need separate policies for complete protection.
- Crime risks: Arizona ranks 25th nationwide for property crime and 15th for identity theft and fraud. Consider add-ons or supplemental property damage coverage.
- Pet ownership: You might need pet liability coverage depending on your pet. Check how different providers handle pet coverage and whether it's included in standard policies.
- Property types: Standard policies may not fully cover special tools, valuables, electronics or structures like pools on rented property. Look for companies offering specific add-ons for these items.
How Does Renters Insurance Coverage Work?
Renters insurance typically covers damage to your property, liability for harm to others and loss of use related to your rental home. Additional coverage options can make your policy more comprehensive. Common types of renters insurance coverage include:
Coverage Type | Standard or Add-on | Coverage Details |
|---|---|---|
Standard | Reimburses you for personal property within your rental up to a specified limit. Without replacement cost coverage, reimbursement is based on the item's actual cash value, not the original purchase price. Replacement cost coverage ensures you receive a new item of a similar kind and quality. | |
Standard | Protects you if someone is injured on your property. It covers medical expenses and legal costs and is often required by landlords. | |
Additional living expenses | Standard | Helps with expenses like meals, lodging and transportation if you lose access to your rental home. Depending on the insurer, the limit is either a percentage of your personal property coverage or a flat amount. |
Natural disasters | Add-on | Covers personal property damage caused by earthquakes and floods. Separate policies for these disasters are available through select providers. |
Parts/Equipment | Add-on | Separate policies that cover tools, appliances and utilities in your rental home |
Scheduled property | Add-on | Allows you to insure certain valuable items up to a specified limit |
Identity theft | Add-on | Protects you financially from identity theft, covering stolen funds and legal costs. Some policies also offer monitoring services to help prevent identity theft. |
Pet liability | Add-on | Protects against injuries caused by your pet on your rental property, though a standard policy may cover this |
Modifications | Add-on | Covers parts of your rental property that aren't original, including custom additions and modifications |
Food loss | Add-on | Reimburses you for food lost due to covered incidents |
Best Renters Insurance in Arizona: Bottom Line
Nationwide, State Farm and Travelers are the best and cheapest overall renters insurance companies in Arizona. While we recommend these options, research and compare multiple companies and quotes yourself to get the best deal.
Renters Insurance in Arizona: FAQ
Review our experts' answers to frequently asked questions below:
What is the cheapest renters insurance company in Arizona?
Nationwide offers the cheapest renters insurance in Arizona, with an average annual premium of $289 or $24 per month.
What is the best renters insurance company in Arizona?
Nationwide is the best renters insurance company in Arizona, with the highest MoneyGeek score of 92 out of 100 due to its excellent mix of affordability, customer satisfaction and comprehensive coverage options.
How much does renters insurance cost in Arizona?
The average cost of renters insurance in Arizona is $396 per year or $33 per month, 64% above the national average. Annual premiums range from $289 to $996.
Is renters insurance required in Arizona?
Renters insurance isn't legally mandated in Arizona, but your landlord may require it. Evaluating your needs and circumstances can help determine whether buying a policy is right for you. Some reasons to get renters insurance include financial protection against common perils and liability costs of third-party injuries.
How We Found the Best Cheap Renters Insurance Companies
We based our affordability score (60% of the total score) on quotes for a profile with:
- $50K personal property coverage
- $100K liability coverage
- $1,000 deductible
- Property replacement coverage
- Good credit score
Our complete scoring also considered:
- Customer satisfaction from industry research (25%)
- Add-on coverages (10%)
- Financial strength ratings (5%)
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- Arizona Geological Survey. "Center for Natural Hazards." Accessed April 21, 2025.
- Insurance Information Institute. "Facts + Statistics: Identity Theft and Cybercrime." Accessed April 21, 2025.
- U.S. News. "Low Property Crime Rate." Accessed April 21, 2025.