Best and Cheapest Renters Insurance in Chandler, AZ (Sept 2024)


Updated: September 13, 2024

Advertising & Editorial Disclosure

The best renters insurance company in Chandler, Arizona is Nationwide with a MoneyGeek score of 89 and an annual premium of $130. The cheapest provider is Auto-Owners with a MoneyGeek score of 94 and an annual premium of $114. The best provider should balance customer service with affordability.

Depending on your needs, Travelers is notable for service quality with an annual premium of $205. MoneyGeek also looked into the best and cheapest renters insurance in Arizona for those who live elsewhere in the state.

MoneyGeek Logo IconBest & CheapestRentersChandler, AZ
2024

Table of Contents

Why Trust MoneyGeek? To determine the top renters insurance in Chandler, we used data from the Arizona Department of Insurance and Quadrant Information Services.

recency icon

Renters insurance premiums in Chandler represent the most competitive estimates as of September 2024.

2,880Quotes Analyzed
 
8Providers Analyzed
 
2ZIP Codes

Overall Best Renters Insurance in Chandler, AZ

The best renters insurance in Chandler, Arizona, is Nationwide with a MoneyGeek score of 89 out of 100 and an annual premium of $130. The following providers are the top two best renters insurance providers in Chandler for a policy with $20,000 in personal property coverage, $100,000 in personal liability, and a $1,000 deductible.

  • Nationwide: MoneyGeek score of 89 out of 100 ($130 per year)
  • Auto-Owners: MoneyGeek score of 88 out of 100 ($114 per year)

The best provider in the state is one that can balance both cost and affordability.

Company logo for Nationwide
Best OverallNationwide
MoneyGeek Score:
89/ of 100

Overview

Nationwide leads in affordability for renters insurance in Arizona, offering an average annual premium of just $130 in Chandler. It offers uncommon coverages like credit card forgery and theft from vehicles.

Credit card forgery coverage pays for unauthorized transactions on your credit cards and bank debit/ATM card, including forged checks and counterfeit money. Theft from vehicles coverage protects your personal belongings stored in or on any motor vehicle, trailer, or watercraft.

Best Renters Insurance in Chandler, Arizona
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
NationwideMoneyGeek Score89Annual Premium$ 130
Auto-Owners InsuranceMoneyGeek Score88Annual Premium$ 114
American FamilyMoneyGeek Score87Annual Premium$ 146
AllstateMoneyGeek Score83Annual Premium$ 119
State FarmMoneyGeek Score79Annual Premium$ 192
TravelersMoneyGeek Score79Annual Premium$ 205
FarmersMoneyGeek Score49Annual Premium$ 346

Cheapest Renters Insurance in Chandler, AZ

In Chandler, Arizona, Auto-Owners offers the cheapest renters insurance with an annual premium of $114 for $20,000 in personal property coverage. The following providers are the top two cheapest providers in Chandler for $20,000 in personal property coverage and a $1,000 deductible. MoneyGeek rated the cheapest renters insurance in Chandler with minimal consideration for customer service.

  • Auto-Owners: $114 per year
  • Allstate: $119 per year

Cheap renters insurance policies often come with low personal property coverage limits. While higher coverage limits can lead to higher monthly costs, they offer better protection if you have many personal belongings.

Cheapest Renters Insurance in Chandler, Arizona
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
Auto-Owners InsuranceMoneyGeek Score94Annual Premium$ 114
NationwideMoneyGeek Score92Annual Premium$ 130
AllstateMoneyGeek Score90Annual Premium$ 119
American FamilyMoneyGeek Score88Annual Premium$ 146
State FarmMoneyGeek Score79Annual Premium$ 192
TravelersMoneyGeek Score77Annual Premium$ 205
FarmersMoneyGeek Score41Annual Premium$ 346

Cheapest Renters Insurance With a High Deductible Chandler, AZ

In Chandler, Arizona, Nationwide offers the cheapest renters insurance for a policy with $20,000 in personal property coverage and a $2,000 deductible, with an annual premium of $110. The following providers are the top two cheapest providers in Chandler for $20,000 in personal property coverage and a $2,000 deductible:

  • Nationwide: $110 per year
  • Auto-Owners: $112 per year

A higher deductible often leads to cheaper premiums, while a lower deductible means higher premiums. It's important to balance both to ensure you have affordable coverage that meets your needs. If you need to file a claim, a higher deductible will mean paying more out of pocket, so choose a deductible amount that you can comfortably afford.

Cheapest High Deductible Renters Insurance in Chandler, Arizona
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
Deductible:
Deductible:$ 2,000
NationwideMoneyGeek Score92Annual Premium$ 110
Auto-Owners InsuranceMoneyGeek Score88Annual Premium$ 112
AllstateMoneyGeek Score82Annual Premium$ 119
American FamilyMoneyGeek Score88Annual Premium$ 136
TravelersMoneyGeek Score82Annual Premium$ 176
State FarmMoneyGeek Score78Annual Premium$ 184
FarmersMoneyGeek Score49Annual Premium$ 321
mglogo icon
HOW TO SET YOUR DEDUCTIBLE

When selecting a deductible for your insurance policy, ensure it's an amount you can pay out of pocket if you need to file a claim. If you can afford it, opting for a higher deductible could decrease your annual premiums, leading to savings over time while still providing the financial protection you need.

Best Renters Insurance for Customer Service in Chandler, AZ

Travelers offers the best renters insurance for service quality in Chandler, Arizona, with an annual premium of $205. The following providers are the top two best in Chandler, Arizona, for a policy with $20,000 in personal property coverage, for those who value great customer service without considering affordability:

  • Travelers: MoneyGeek score of 85 out of 100 ($205 per year)
  • Nationwide: MoneyGeek score of 84 out of 100 ($130 per year)

Great customer service is important for renters because it ensures a smooth and supportive experience, especially when filing a claim. When you file a claim, having a responsive and helpful insurance provider can make the process less stressful and more efficient.

Company logo for Travelers
Best Service QualityTravelers
MoneyGeek Score:
85/ of 100

Overview

In Chandler, Arizona, Travelers ranks first in customer satisfaction and coverage, offering an annual premium of $205. Travelers provides contents replacement cost, which covers personal property losses based on replacement cost without depreciation.

This ensures renters can replace items at current market value.
Additionally, valuable items insurance protects high-value items like jewelry and fine art from various losses, allowing renters to add higher coverage limits without needing appraisals or listings.

Best Renters Insurance For Service Quality in Chandler, Arizona
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
TravelersMoneyGeek Score85Annual Premium$ 205
NationwideMoneyGeek Score84Annual Premium$ 130
American FamilyMoneyGeek Score83Annual Premium$ 146
State FarmMoneyGeek Score77Annual Premium$ 192
Auto-Owners InsuranceMoneyGeek Score72Annual Premium$ 114
FarmersMoneyGeek Score68Annual Premium$ 346
AllstateMoneyGeek Score63Annual Premium$ 119

Best Renters Insurance for High Personal Property Limits in Chandler, AZ

For renters in Chandler, Arizona needing substantial coverage, American Family stands out as the best renters insurance company, with an annual premium of $213 for policies including $100,000 in personal property coverage. High personal property coverage ensures that renters with a large quantity of valuable possessions are fully protected. For $100K in personal property coverage, the following providers are the top two best providers in Chandler:

  • American Family: MoneyGeek score of 92 out of 100 ($213 per year)
  • Nationwide: MoneyGeek score of 90 out of 100 ($254 per year)

Renters with an extensive amount of belongings often require higher personal property coverage, which safeguards items like furniture, electronics and clothing against loss or damage.

Company logo for American Family Insurance
Best High Personal Property LimitAmerican Family Insurance
MoneyGeek Score:
92/ of 100

Overview

American Family ranks first in affordability and customer satisfaction for renters with expensive homes in Chandler, Arizona. With an annual premium of $213, it offers great value.

American Family provides equipment breakdown and back-up of sewer or drain coverages. Equipment breakdown protects your gadgets and smart home devices from sudden mechanical or electrical failures. Back-up of sewer or drain coverage helps cover repair costs from water damage due to backed-up drains or overflowing sumps, ensuring your home stays protected.

Best Renters Insurance for High Personal Property Limits in Chandler, Arizona
American FamilyMoneyGeek Score92Annual Premium$ 213
NationwideMoneyGeek Score90Annual Premium$ 254
Auto-Owners InsuranceMoneyGeek Score84Annual Premium$ 321
State FarmMoneyGeek Score84Annual Premium$ 406
TravelersMoneyGeek Score83Annual Premium$ 510
AllstateMoneyGeek Score79Annual Premium$ 354
FarmersMoneyGeek Score49Annual Premium$ 1,267
mglogo icon
SCHEDULED PERSONAL PROPERTY COVERAGE

If you own valuables such as fine jewelry or art, you would need additional coverage as these items are not usually covered by standard policies. Opt for a provider that offers scheduled personal property coverage, which extends coverage to such valuables.

Best Renters Insurance for Military Families in Chandler, AZ

USAA is the top-ranked renters insurance company for military members in Chandler, with an annual premium of $97. USAA is exclusively available for those with military backgrounds. The following providers are the top two best providers in Chandler for veterans for a policy with $20,000 in personal property coverage:

  • USAA: MoneyGeek score of 100 out of 100 ($97 per year)
  • Nationwide: MoneyGeek score of 89 out of 100 ($130 per year)

USAA offers a range of products tailored for those with a military background, offering discounts and coverages that suit the military lifestyle. It is the cheapest option in Chandler for military members, making it a great choice for affordability and specialized services.

Company logo for USAA
Best for MilitaryUSAA
MoneyGeek Score:
100/ of 100

Overview

USAA stands out as the premier renters insurance provider for those with a military background in Chandler. It tops the charts in customer satisfaction, coverages and affordability with an annual premium of just $97.

With reasonably common discounts like contents replacement cost, USAA ensures that military renters can replace stolen or damaged items with new ones, providing peace of mind. Additionally, the reasonably rare worldwide personal property coverage is invaluable for those deployed abroad, safeguarding their belongings wherever they are stationed.

Best Renters Insurance for Military in Chandler, Arizona
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
USAAMoneyGeek Score100Annual Premium$ 97
NationwideMoneyGeek Score89Annual Premium$ 130
Auto-Owners InsuranceMoneyGeek Score88Annual Premium$ 114
American FamilyMoneyGeek Score87Annual Premium$ 146
AllstateMoneyGeek Score83Annual Premium$ 119
State FarmMoneyGeek Score79Annual Premium$ 192
TravelersMoneyGeek Score79Annual Premium$ 205
FarmersMoneyGeek Score49Annual Premium$ 346

Best Renters Insurance for Low Credit Scores in Chandler, AZ

In Chandler, the best renters insurance company for renters with poor credit is Nationwide, with an annual premium of $206 for a policy with $20,000 in personal property coverage. The top two providers in Chandler for the same type of policy are:

  • Nationwide: MoneyGeek score of 92 out of 100 ($206 per year)
  • American Family: MoneyGeek score of 91 out of 100 ($256 per year)

Rates in Chandler for renters with poor credit are typically higher, as they are considered higher-risk by providers. This is because poor credit may indicate a higher likelihood of filing claims.

Company logo for Nationwide
Best for Low Credit ScoresNationwide
MoneyGeek Score:
92/ of 100

Overview

Nationwide ranks first in affordability for renters insurance in Chandler, with an annual premium of $206. It also leads in coverage options, making it a top choice for those with poor credit.

Nationwide offers uncommon discounts like protection against credit card forgery and theft from vehicles. The credit card forgery discount covers unauthorized transactions on your cards, providing peace of mind. The theft from vehicles discount extends protection to personal belongings stored in your vehicle, ensuring your items are safe even on the go.

Overview: Best Renters Insurance for Low Credit Scores in Chandler, Arizona
Data filtered by:Results filtered by:
Credit Score:
Credit Score:Poor
Coverage:
Coverage:$20K Personal Property
NationwideMoneyGeek Score92Annual Premium$ 206
American FamilyMoneyGeek Score91Annual Premium$ 256
State FarmMoneyGeek Score89Annual Premium$ 398
TravelersMoneyGeek Score88Annual Premium$ 630
AllstateMoneyGeek Score84Annual Premium$ 183
FarmersMoneyGeek Score80Annual Premium$ 767
Auto-Owners InsuranceMoneyGeek Score51Annual Premium$ 3,802

Average Cost of Renters Insurance in Chandler, AZ

The average cost of renters insurance in Chandler, Arizona is $179 annually or $15 monthly, which is lower than the state average of $195. Compared to the national average of $145, Chandler's cost is higher by $34. These rates are based on a renters insurance policy with $20,000 personal property limits, $100,000 liability limits, and a $1,000 deductible.

Renters should note that the average cost of renters insurance in Chandler may vary greatly depending on the amount of personal property coverage you purchase. Personal property coverage protects your belongings in case of theft, fire, or other covered events. Use the calculator below to see how prices change based on the value of your personal property.

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.

shirt icon

clothing & accessories

Clothes, shoes, bags, belts, hats, gloves, etc.

$
$
$
$
$
$

Factors That Impact Renters Insurance Costs in Chandler

Various factors influence the cost of renters insurance in Chandler, Arizona. For instance, the location of your rental property and the amount of coverage you choose can significantly impact your premiums. Understanding these factors is crucial when shopping for a policy, as it helps you make informed decisions and potentially save money. Below are some key factors that affect renters insurance costs:

  • Location: Areas with higher crime rates or natural disaster risks typically have higher insurance premiums. Insurers charge more to cover the increased risk of theft or damage.
  • Coverage Amount: Higher coverage limits generally result in higher premiums. More coverage means the insurer is taking on more risk.
  • Deductible: A higher deductible can lower your monthly premiums. However, this means you'll pay more out-of-pocket in the event of a claim.
  • Credit Score: Insurers may use your credit score to determine your premium. A higher credit score often results in lower insurance costs.
  • Claims History: A history of frequent claims can lead to higher premiums. Insurers view frequent claims as a higher risk, which they compensate for with higher costs.

What Renters Insurance Covers in Chandler, AZ

Renters insurance primarily protects your personal belongings from damage, but it also offers other important coverages such as personal liability and loss of use. Let's break down what renters insurance covers:

  • Personal Property Coverage: This covers your belongings in case of theft, fire, or other perils. For example, if your apartment in Arizona is burglarized, your renters insurance can help replace stolen items.
  • Personal Liability Coverage: This protects you if someone is injured in your rental or if you accidentally damage someone else's property. For instance, if a guest slips and falls in your Arizona apartment, this coverage can help with medical expenses and legal fees.
  • Loss Of Use Coverage: This helps with additional living expenses if your rental becomes uninhabitable due to a covered event. If a fire makes your Arizona apartment unlivable, loss of use coverage can pay for hotel stays and other extra costs.
mglogo icon
COMMONLY COVERED PERILS

Renters insurance typically covers losses from incidents like theft, fire and water damage. Understanding your policy's specific coverage is key to ensuring you're protected. Here are common situations renters insurance covers:

  • Fire or lightning
  • Windstorm or hail
  • Explosions
  • Riots
  • Aircraft
  • Vehicles
  • Smoke damage

What Renters Insurance Does Not Cover in Chandler

Although renters insurance provides a financial safety net, it doesn't shield against every mishap. For instance, it typically excludes flood damage and your roommate's possessions.

  • Natural Disasters: Standard renters insurance often does not cover damage from earthquakes or floods.
  • Roommate's Belongings: Personal property coverage does not extend to items owned by a roommate unless they are listed on the policy.
  • High-Value Items: Expensive jewelry or electronics may exceed the policy's limit and require additional coverage.
  • Business Equipment: Property used for business purposes might not be covered under a standard renters insurance policy.
  • Pest Damage: Infestations and damage from pests like bed bugs or rodents are usually not covered.
  • Car Theft: While personal property stolen from your car may be covered, the theft of the car itself is not.

FAQ: Renters Insurance in Chandler, AZ

The best renters insurance provider for you in Chandler ultimately depends on your needs. Below, we address some frequently asked questions to help you make an informed decision.

How much is renters insurance in Chandler, Arizona, on average?
What is the cheapest renters insurance company in Chandler, Arizona?
What is the best renters insurance company in Chandler, Arizona?
Do I need renters insurance in Chandler, Arizona?

About Mark Fitzpatrick


Mark Fitzpatrick headshot

Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.

Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.