Best and Cheapest Renters Insurance in Garden Grove, CA (September 2024)


Updated: September 12, 2024

The best and cheapest renters insurance company in Garden Grove, California is Nationwide, with a MoneyGeek score of 97 and an annual premium of $74. Depending on your needs, other providers may be best, like Travelers for service quality, with an annual premium of $126.

We also looked into the best and cheapest renters insurance in California for those who live elsewhere in the state.

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MoneyGeek Logo IconBest & CheapestRentersGarden Grove, C
2024

Why Trust MoneyGeek? To determine the best renters insurance in Garden Grove, California, we evaluated data from the California Department of Insurance and Quadrant Information Services.

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

768Quotes Analyzed
 
8Providers Analyzed
 
2ZIP Codes

Overall Best Renters Insurance in Garden Grove, CA

The best renters insurance in Garden Grove, California, is Nationwide, with a MoneyGeek score of 97 out of 100 and an annual premium of $74. The following providers are the two best renters insurance providers in Garden Grove for a policy with $20,000 in personal property coverage, $100,000 in personal liability, and a $1,000 deductible:

  • Nationwide: MoneyGeek score of 97 out of 100 ($74 per year)
  • Travelers: MoneyGeek score of 88 out of 100 ($126 per year)

The best provider in the state balances cost and affordability. Nationwide has perfectly balanced customer satisfaction and affordability, with an affordability score of 55 out of 55.

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

Overview

Nationwide ranks first in affordability and coverage in Garden Grove, California, with an annual premium of $74. Nationwide offers coverages like credit card forgery and theft from vehicles. Credit card forgery coverage pays up to your selected limit for unauthorized transactions on your credit cards and bank debit/ATM card, including forged checks and counterfeit money. Theft from vehicles coverage provides extended protection for your personal belongings stored in or on any motor vehicle, trailer, or watercraft.

Best Renters Insurance in Garden Grove, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
NationwideMoneyGeek Score97Annual Premium$ 74
TravelersMoneyGeek Score88Annual Premium$ 126
State FarmMoneyGeek Score86Annual Premium$ 121
Capital Insurance GroupMoneyGeek Score81Annual Premium$ 77
AllstateMoneyGeek Score81Annual Premium$ 122
FarmersMoneyGeek Score73Annual Premium$ 159
ChubbMoneyGeek Score61Annual Premium$ 260

Cheapest Renters Insurance in Garden Grove, CA

In Garden Grove, California, Nationwide offers the cheapest renters insurance with an annual premium of $74 for $20,000 in personal property coverage. The two cheapest providers are:

  • Nationwide: $74 per year
  • Capital Insurance Group: $77 per year

We rated the cheapest renters insurance in Garden Grove with minimal consideration for customer service. Personal property coverage protects your belongings, such as furniture, electronics, and clothing, in case of theft, fire, or other covered events.

Cheap renters insurance policies often have low personal property coverage limits. Higher personal property coverage limits can lead to higher monthly costs but offer better protection if you have many personal belongings.

Cheapest Renters Insurance in Garden Grove, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
NationwideMoneyGeek Score98Annual Premium$ 74
Capital Insurance GroupMoneyGeek Score88Annual Premium$ 77
State FarmMoneyGeek Score85Annual Premium$ 121
AllstateMoneyGeek Score81Annual Premium$ 122
TravelersMoneyGeek Score85Annual Premium$ 126
FarmersMoneyGeek Score70Annual Premium$ 159
ChubbMoneyGeek Score49Annual Premium$ 260

Cheapest Renters Insurance With a High Deductible Garden Grove, CA

In Garden Grove, California, 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 $58. The two cheapest providers are :

  • Nationwide: $58 per year
  • Capital Insurance Group: $60 per year

A deductible is the amount you pay out of pocket before your insurance covers the rest, and it can affect your rates. A higher deductible often leads to cheaper premiums, while a lower deductible means higher premiums. It’s important to balance both to ensure you can afford your deductible if you need to file a claim. Choosing the right deductible affects your financial preparedness and overall insurance costs.

Cheapest High Deductible Renters Insurance in Garden Grove, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
Deductible:
Deductible:$ 2,000
NationwideMoneyGeek Score97Annual Premium$ 58
Capital Insurance GroupMoneyGeek Score82Annual Premium$ 60
TravelersMoneyGeek Score89Annual Premium$ 102
State FarmMoneyGeek Score83Annual Premium$ 119
AllstateMoneyGeek Score77Annual Premium$ 122
FarmersMoneyGeek Score70Annual Premium$ 156
ChubbMoneyGeek Score61Annual Premium$ 240
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HOW TO SET YOUR DEDUCTIBLE

To ensure financial stability, choose a deductible amount that you can comfortably pay out-of-pocket if you need to file a claim. Opting for a higher deductible can lower your premium, resulting in overall cost savings while still providing adequate coverage.

Best Renters Insurance for Customer Service in Garden Grove, CA

In Garden Grove, California, Travelers is the best renters insurance company for service quality with an annual premium of $126. The two best providers in Garden Grove, California, for a policy with $20,000 in personal property coverage, for those who value great customer service without considering affordability, are:

  • Travelers: MoneyGeek score of 96 out of 100 ($126 per year)
  • Nationwide: MoneyGeek score of 95 out of 100 ($74 per year)

We scored renters insurance providers based on customer satisfaction from J.D. Power surveys, which measure how well companies meet customer needs and handle claims.

Great customer service is important for renters because it ensures a smooth experience when filing a claim. For example, if you need to make a claim, excellent customer service means quick responses and helpful guidance throughout the process.

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

Overview

Travelers ranks first in customer satisfaction and coverages in Garden Grove, California, with an annual premium of $126. Travelers offers contents replacement cost coverage, which reimburses you for the full cost of replacing damaged items without depreciation. Additionally, scheduled personal property coverage protects high-value items like jewelry and electronics, ensuring they are covered for a wide range of losses.

Best Renters Insurance for Service Quality in Garden Grove, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
TravelersMoneyGeek Score96Annual Premium$ 126
NationwideMoneyGeek Score95Annual Premium$ 74
ChubbMoneyGeek Score93Annual Premium$ 260
State FarmMoneyGeek Score86Annual Premium$ 121
AllstateMoneyGeek Score77Annual Premium$ 122
FarmersMoneyGeek Score77Annual Premium$ 159
Capital Insurance GroupMoneyGeek Score61Annual Premium$ 77

Best Renters Insurance for High Personal Property Limits in Garden Grove, CA

Nationwide offers the best renters insurance for those in Garden Grove, California, needing high personal property coverage, with an annual premium of $205 for $100,000 in coverage. The two best providers in Garden Grove are:

  • Nationwide: MoneyGeek score of 97 out of 100 ($205 per year)
  • State Farm: MoneyGeek score of 92 out of 100 ($249 per year)

High personal property coverage implies a higher limit to protect valuable belongings within the rental property. Renters with a substantial amount of belongings often need higher personal property coverage, which safeguards items like furniture, electronics, and clothing against risks such as theft or damage.

Increased coverage levels typically mean higher premiums, so it's vital to find a provider that offers a balance of affordability and exceptional service, especially when owning numerous valuable items. High-value possessions such as jewelry or artwork may not be fully covered under a standard policy and could necessitate additional coverage.

Company logo for Nationwide
Best High Personal Property LimitNationwide
MoneyGeek Score:
97/ of 100

Overview

Nationwide ranks first in affordability and customer satisfaction for expensive homes in Garden Grove, California, with an annual premium of $205.
Nationwide offers uncommon coverages like Credit Card Forgery, which protects against unauthorized transactions, and Theft from Vehicles, which covers personal belongings stored in vehicles. These coverages provide valuable protection for renters with expensive homes.

Best Renters Insurance for High Personal Property Limits in Garden Grove, CA
NationwideMoneyGeek Score97Annual Premium$ 205
State FarmMoneyGeek Score92Annual Premium$ 249
TravelersMoneyGeek Score91Annual Premium$ 315
Capital Insurance GroupMoneyGeek Score80Annual Premium$ 238
AllstateMoneyGeek Score79Annual Premium$ 374
FarmersMoneyGeek Score78Annual Premium$ 396
ChubbMoneyGeek Score61Annual Premium$ 795
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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 Garden Grove, CA

In Garden Grove, USAA ranks first for renters insurance, exclusively serving those with military backgrounds. The following providers are the two best providers in Garden Grove for veterans for a policy with $20,000 in personal property coverage:

  • USAA: MoneyGeek score of 100 out of 100 ($118 per year)
  • Nationwide: MoneyGeek score of 97 out of 100 ($74 per year)

USAA offers a range of products tailored for those with a military background, offering discounts and coverages that suit the military lifestyle. USAA ranks first in affordability in Garden Grove for military members.

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 Garden Grove, leading in customer satisfaction, coverage, and affordability. With an annual premium of $118, USAA ensures comprehensive protection tailored to military needs.

USAA's contents replacement cost coverage offers peace of mind, replacing stolen or damaged items with new ones under a covered loss. Additionally, its worldwide personal property coverage is ideal for military members, safeguarding belongings anywhere in the world, whether deployed or residing abroad.

Best Renters Insurance for Military in Garden Grove, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
USAAMoneyGeek Score100Annual Premium$ 118
NationwideMoneyGeek Score97Annual Premium$ 74
TravelersMoneyGeek Score88Annual Premium$ 126
State FarmMoneyGeek Score86Annual Premium$ 121
Capital Insurance GroupMoneyGeek Score81Annual Premium$ 77
AllstateMoneyGeek Score81Annual Premium$ 122
FarmersMoneyGeek Score73Annual Premium$ 159
ChubbMoneyGeek Score61Annual Premium$ 260

Average Cost of Renters Insurance in Garden Grove, CA

The average cost of renters insurance in Garden Grove is $134 annually, or $11 monthly. This is lower than the California average of $148 annually and the national average of $145. These rates are based on a renters insurance policy with $20,000 personal property limits, $100,000 liability limits and a $1,000 deductible.

The average cost of renters insurance in Garden Grove 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.

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Factors That Impact Renters Insurance Costs in Garden Grove

The cost of renters insurance in Garden Grove, California, is influenced by multiple factors, including the location of the rental property and the amount of coverage desired. Understanding these variables is key to finding a policy that fits your budget and needs.

  • Location: The area where you live can affect your premium due to crime rates and weather-related risks.
  • Coverage Amount: Opting for higher coverage limits will increase your insurance costs.
  • Deductible: Choosing a higher deductible can lower your monthly premium, but you'll pay more out of pocket in the event of a claim.
  • Claims History: Renters with a history of claims may face higher premiums due to a higher perceived risk by insurance companies.
  • Credit Score: Insurance companies may factor in your credit history when determining your premium, with better credit records often leading to lower costs.

What Renters Insurance Covers in Garden Grove, CA

Renters insurance primarily provides coverage for your personal belongings, but it also covers additional areas such as liability and living expenses if your rental is rendered uninhabitable. Here’s what a typical policy includes:

  • Personal Property Coverage: This covers the cost to repair or replace your belongings if they're damaged or stolen. For instance, a renter in Texas may receive compensation for a stolen laptop.
  • Personal Liability Coverage: This protects you financially if a guest is injured in your rental or you cause property damage. A Texas renter could use this coverage if a guest slips and falls in their apartment.
  • Loss of Use Coverage: This helps with additional living expenses if your rental is unlivable due to a covered peril. A renter might rely on loss of use coverage to pay for a hotel stay after a fire.
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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 Garden Grove

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: Although personal property stolen from your car may be covered, the theft of the car itself is not.

FAQ: Renters Insurance in Garden Grove, CA

The best renters insurance provider for you in Garden Grove ultimately depends on your needs. Below, we address common questions to help you make an informed decision.

How much is renters insurance in Garden Grove, California, on average?
What is the cheapest renters insurance company in Garden Grove, California?
What is the best renters insurance company in Garden Grove, California?
Do I need renters insurance in Garden Grove, California?

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.