Best and Cheapest Renters Insurance in Greeley, CO (Sept 2024)


Updated: September 13, 2024

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The best and cheapest renters insurance company in Greeley, Colorado is Auto-Owners with a MoneyGeek score of 92 and an annual premium of $53. Depending on your needs, other providers may be best, such as Chubb for service quality, with an annual premium of $151. MoneyGeek also looked into the best and cheapest renters insurance in Colorado for those who live elsewhere in the state.

MoneyGeek Logo IconBest & CheapestRentersGreeley, CO
2024

Table of Contents

Why Trust MoneyGeek? To determine the top renters insurance in Greeley, Colorado, we sourced data from the Colorado Department of Insurance and Quadrant Information Services.

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

2,880Quotes Analyzed
 
8Providers Analyzed
 
2ZIP Codes

Overall Best Renters Insurance in Greeley, CO

The best renters insurance in Greeley, Colorado is Auto-Owners, with a MoneyGeek score of 92 out of 100 and an annual premium of $53. The following providers are the top two best renters insurance providers in Greeley for a policy with $20,000 in personal property coverage, $100,000 in personal liability, and a $1,000 deductible.

  • Auto-Owners: MoneyGeek score of 92 out of 100 ($53 per year)
  • State Farm: MoneyGeek score of 89 out of 100 ($67 per year)

The best provider in the state balances both cost and affordability. Auto-Owners Insurance has perfectly balanced customer satisfaction and affordability with an affordability score of 55 out of 55.

Company logo for Auto-Owners Insurance
Best OverallAuto-Owners Insurance
MoneyGeek Score:
92/ of 100

Overview

Auto-Owners ranks first in Greeley, Colorado, for affordability and coverage. Auto-Owners offers contents replacement cost and refrigerated products coverages. Contents replacement cost covers the repair or replacement of your personal property without a deduction for depreciation. Refrigerated products coverage protects against the cost of spoiled food in your refrigerator, ensuring you don't bear the expense of replacing it.

Best Renters Insurance in Greeley, Colorado
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
Auto-Owners InsuranceMoneyGeek Score92Annual Premium$ 53
State FarmMoneyGeek Score89Annual Premium$ 67
AllstateMoneyGeek Score73Annual Premium$ 97
ChubbMoneyGeek Score66Annual Premium$ 151
COUNTRY FinancialMoneyGeek Score63Annual Premium$ 126
FarmersMoneyGeek Score57Annual Premium$ 150
American FamilyMoneyGeek Score57Annual Premium$ 172

Cheapest Renters Insurance in Greeley, CO

In Greeley, Colorado, Auto-Owners offers the cheapest renters insurance with an annual premium of $53 for $20,000 in personal property coverage. Personal property coverage helps protect your belongings in case of theft, fire, or other covered events.
The following providers are the top two cheapest providers in Greeley for $20,000 in personal property coverage and a $1,000 deductible, with minimal consideration for customer service by MoneyGeek.

  • Auto-Owners: $53 per year
  • State Farm: $67 per year

Cheap renters insurance policies often have 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 Greeley, Colorado
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
Auto-Owners InsuranceMoneyGeek Score96Annual Premium$ 53
State FarmMoneyGeek Score91Annual Premium$ 67
AllstateMoneyGeek Score74Annual Premium$ 97
COUNTRY FinancialMoneyGeek Score61Annual Premium$ 126
ChubbMoneyGeek Score57Annual Premium$ 151
FarmersMoneyGeek Score51Annual Premium$ 150
American FamilyMoneyGeek Score45Annual Premium$ 172

Cheapest Renters Insurance With a High Deductible Greeley, CO

In Greeley, Colorado, Auto-Owners 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 $52. The following providers are the top two cheapest providers in Greeley for $20,000 in personal property coverage and a $2,000 deductible:

  • Auto-Owners: $52 per year
  • State Farm: $65 per year

A deductible is the amount you pay out of pocket before your insurance kicks in and can affect your rates. A higher deductible often leads to cheaper premiums, while a lower deductible means higher premiums.

Cheapest High Deductible Renters Insurance in Greeley, Colorado
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
Deductible:
Deductible:$ 2,000
Auto-Owners InsuranceMoneyGeek Score92Annual Premium$ 52
State FarmMoneyGeek Score88Annual Premium$ 65
AllstateMoneyGeek Score71Annual Premium$ 97
COUNTRY FinancialMoneyGeek Score64Annual Premium$ 113
ChubbMoneyGeek Score65Annual Premium$ 143
FarmersMoneyGeek Score53Annual Premium$ 150
American FamilyMoneyGeek Score57Annual Premium$ 157
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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 Greeley, CO

In Greeley, Colorado, Chubb is the best renters insurance company for service quality, with an annual premium of $151. The following providers are the top two best providers in Greeley, Colorado, for a policy with $20,000 in personal property coverage, for those who value great customer service without considering affordability.

  • Chubb: MoneyGeek score of 93 out of 100 ($151 per year)
  • American Family: MoneyGeek score of 87 out of 100 ($172 per year)

MoneyGeek scores renters insurance providers based on customer satisfaction surveys conducted by J.D. Power, which evaluate aspects like claims handling and overall service experience.

Great customer service is essential for renters looking for insurance because it ensures a smooth and supportive experience, especially during the claims process. For instance, when you make a claim, excellent customer service can mean quick and clear communication, helping you get back on your feet faster.

Company logo for Chubb
Best Service QualityChubb
MoneyGeek Score:
93/ of 100

Overview

In Greeley, Colorado, Chubb ranks first in customer satisfaction and coverage, making it the top choice for renters. With an annual premium of $151, it is the cheapest provider in the area.

Chubb offers contents replacement cost coverage, which covers the full cost to replace your belongings in case of a fire, water leak, or another unexpected event. Additionally, its rental car coverage provides primary car rental coverage worldwide when your liability limit is $1 million or more, ensuring you are protected wherever you go.

Best Renters Insurance For Service Quality in Greeley, Colorado
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
ChubbMoneyGeek Score93Annual Premium$ 151
American FamilyMoneyGeek Score87Annual Premium$ 172
Auto-Owners InsuranceMoneyGeek Score83Annual Premium$ 53
State FarmMoneyGeek Score82Annual Premium$ 67
AllstateMoneyGeek Score71Annual Premium$ 97
FarmersMoneyGeek Score70Annual Premium$ 150
COUNTRY FinancialMoneyGeek Score66Annual Premium$ 126

Best Renters Insurance for High Personal Property Limits in Greeley, CO

For renters in Greeley, Colorado needing high personal property coverage, Auto-Owners stands out with an annual premium of $111 for a policy with $100,000 in personal property coverage. For $100K in personal property coverage, the top two best providers in Greeley are:

  • Auto-Owners: MoneyGeek score of 92 out of 100 ($111 per year)
  • State Farm: MoneyGeek score of 90 out of 100 ($157 per year)

High personal property coverage refers to insurance that protects a large amount of personal belongings. Renters with numerous possessions often require higher personal property coverage to safeguard their belongings.

This coverage protects items like furniture, electronics and clothing from loss or damage. However, higher coverage levels typically come at a greater cost. It's vital to find an insurance provider that offers a balance of cost-effectiveness and exemplary service.

Company logo for Auto-Owners Insurance
Best High Personal Property LimitAuto-Owners Insurance
MoneyGeek Score:
92/ of 100

Overview

Auto-Owners ranks first in affordability and customer satisfaction for expensive homes in Greeley, Colorado, with an annual premium of $111.

The company offers valuable coverages like contents replacement cost and back-up of sewer or drain. Contents replacement cost covers the repair or replacement of personal property without depreciation, ensuring renters get full value for their items. Back-up of sewer or drain covers damage caused by water back-up, protecting renters from costly repairs.

Best Renters Insurance for High Personal Property Limits in Greeley, Colorado
Auto-Owners InsuranceMoneyGeek Score92Annual Premium$ 111
State FarmMoneyGeek Score90Annual Premium$ 157
COUNTRY FinancialMoneyGeek Score83Annual Premium$ 136
American FamilyMoneyGeek Score78Annual Premium$ 320
AllstateMoneyGeek Score78Annual Premium$ 240
FarmersMoneyGeek Score77Annual Premium$ 252
ChubbMoneyGeek Score60Annual Premium$ 624
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SCHEDULED PERSONAL PROPERTY COVERAGE

If you own high-value items like jewelry or art, be aware that standard insurance policies often don't cover them. To protect these valuables, choose a provider that offers scheduled personal property coverage.

Best Renters Insurance for Military Families in Greeley, CO

In Greeley, USAA is the top-ranked renters insurance company for those with military backgrounds, boasting an annual premium of $89. The following providers are the top two best providers in Greeley for veterans for a policy with $20,000 in personal property coverage.

  • USAA: MoneyGeek score of 100 out of 100 ($89 per year)
  • Auto-Owners: MoneyGeek score of 92 out of 100 ($53 per year)

USAA offers a range of products tailored for those with a military background, providing discounts and coverages that suit the military lifestyle. It is the most affordable option in Greeley 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 Greeley, leading in customer satisfaction and offering the most comprehensive coverages. With an annual premium of $89, it's both affordable and reliable.

Included in USAA's policy are contents replacement cost and worldwide personal property coverages, which ensure that your belongings are protected, whether at home or abroad. The former replaces items at their current value, while the latter extends coverage globally, a significant advantage for military members who travel or are deployed.

Best Renters Insurance for Military Families in Greeley, Colorado
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
USAAMoneyGeek Score100Annual Premium$ 89
Auto-Owners InsuranceMoneyGeek Score92Annual Premium$ 53
State FarmMoneyGeek Score89Annual Premium$ 67
AllstateMoneyGeek Score73Annual Premium$ 97
ChubbMoneyGeek Score66Annual Premium$ 151
COUNTRY FinancialMoneyGeek Score63Annual Premium$ 126
FarmersMoneyGeek Score57Annual Premium$ 150
American FamilyMoneyGeek Score57Annual Premium$ 172

Best Renters Insurance for Low Credit Scores in Greeley, CO

In Greeley, the best renters insurance company for those with poor credit is Chubb, with an annual premium of $258 for a policy with $20,000 in personal property coverage. The following providers are the top two best providers in Greeley for those with poor credit for the same type of policy:

  • Chubb: MoneyGeek score of 94 out of 100 ($258 per year)
  • State Farm: MoneyGeek score of 93 out of 100 ($134 per year)

Rates in Greeley for those with poor credit are often higher because these individuals are viewed as higher-risk to providers. Providers associate poor credit with a greater likelihood of filing claims. To manage these higher rates, renters with poor credit can work on improving their credit scores and seek out discounts where available.

Company logo for Chubb
Best for Low Credit ScoresChubb
MoneyGeek Score:
94/ of 100

Overview

Chubb ranks first in affordability for renters insurance in Greeley, Colorado, with an annual premium of $258. It also leads in coverage and financial stability.

Renters can benefit from Chubb's reasonably rare rental car coverage, which provides primary car rental coverage worldwide when your liability limit is $1 million or more. Additionally, the reasonably common contents replacement cost coverage ensures full reimbursement for your belongings in case of fire, water leak, or other unexpected events. These discounts can help renters with poor credit save significantly.

Best Renters Insurance for Low Credit Scores in Greeley, Colorado
Data filtered by:Results filtered by:
Credit Score:
Credit Score:Poor
Coverage:
Coverage:$20K Personal Property
ChubbMoneyGeek Score94Annual Premium$ 258
State FarmMoneyGeek Score93Annual Premium$ 134
American FamilyMoneyGeek Score90Annual Premium$ 294
AllstateMoneyGeek Score86Annual Premium$ 175
FarmersMoneyGeek Score85Annual Premium$ 212
COUNTRY FinancialMoneyGeek Score84Annual Premium$ 188
Auto-Owners InsuranceMoneyGeek Score56Annual Premium$ 1,810

Average Cost of Renters Insurance in Greeley, CO

The average cost of renters insurance in Greeley is $117 annually, or $10 monthly. This is slightly higher than the Colorado average of $114 but lower than 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.

Renters should remember that the average cost of renters insurance in Greeley may vary greatly depending on the amount of personal property coverage you purchase. Personal property coverage protects your belongings in case of damage or theft. 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 Greeley

Various factors can influence the cost of renters insurance in Greeley, Colorado. For instance, the location of your rental property and the amount of coverage you choose can significantly impact your premium. Understanding these factors is essential when looking for your own policy, as it helps you make informed decisions and potentially save money. Below are some key factors affecting renters insurance costs:

  • Location: The area where you live can affect your premium. Properties in high-crime areas or those prone to natural disasters may have higher costs.
  • Coverage Amount: The more coverage you need, the higher your premium. It's important to balance adequate coverage with affordability.
  • Deductible: A higher deductible can lower your premium, but you'll pay more out-of-pocket in the event of a claim.
  • Credit Score: Insurers often use credit scores to determine premiums. A higher credit score can lead to lower costs.
  • Claims History: If you have a history of filing claims, insurers may charge higher premiums, considering you a higher risk.

What Renters Insurance Covers in Greeley, CO

Renters insurance primarily protects your personal belongings from damage, but it also covers personal liability and loss of use. Below are the key coverages provided by renters insurance:

  • Personal Property Coverage: This protects your belongings from risks like fire, theft, and vandalism. For example, if a fire damages your apartment in Colorado, this coverage helps replace your furniture and electronics.
  • Personal Liability Coverage: This covers legal expenses if someone is injured in your rental unit. For instance, if a guest slips and falls in your Colorado apartment, this coverage can help with medical bills and legal fees.
  • Loss Of Use Coverage: This pays for additional living expenses if your rental becomes uninhabitable due to a covered event. If a flood forces you out of your Colorado apartment, loss of use coverage can help pay for temporary housing.
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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 Greeley

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 Greeley, CO

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

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

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.