Best and Cheapest Renters Insurance in Hartford, CT (Sept 2024)


Updated: September 13, 2024

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The best renters insurance company in Hartford, Connecticut is State Farm, with a MoneyGeek score of 93 and an annual premium of $81. The cheapest renters insurance provider in Hartford, Connecticut is Allstate, with a MoneyGeek score of 94 and an annual premium of $66.

The best homeowners insurance provider should offer a balance of customer service with affordability. Depending on your needs, other providers may be best. Travelers wins for service quality with an annual premium of $276. MoneyGeek also looked into the best and cheapest renters insurance in Connecticut for those who live elsewhere in the state.

MoneyGeek Logo IconBest & CheapestRentersHartford, CT
2024

Table of Contents

Why Trust MoneyGeek? To pinpoint top-notch renters insurance in Hartford, MoneyGeek analyzed data from the Connecticut Department of Insurance and Quadrant Information Services.

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

2,880Quotes Analyzed
 
8Providers Analyzed
 
2ZIP Codes

Overall Best Renters Insurance in Hartford, CT

The best renters insurance in Hartford, Connecticut, is State Farm with a MoneyGeek score of 93 out of 100 and an annual premium of $81. The following providers are the top two best renters insurance providers in Hartford for a policy with $20,000 in personal property coverage, $100,000 in personal liability, and a $1,000 deductible.

  • State Farm: MoneyGeek score of 93 out of 100 ($81 per year)
  • Chubb: MoneyGeek score of 92 out of 100 ($100 per year)

    The best provider in the state balances both cost and affordability.
Company logo for State Farm
Best OverallState Farm
MoneyGeek Score:
93/ of 100

Overview

State Farm ranks first in financial stability in Hartford, CT, with an annual premium of $81. State Farm offer cyber event / ID theft coverage, which includes identity restoration. This coverage helps renters recover from identity theft by providing support and financial assistance. Additionally, it protects against cyber events, ensuring renters' personal information remains secure.

Best Renters Insurance in Hartford, Connecticut
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
State FarmMoneyGeek Score93Annual Premium$ 81
ChubbMoneyGeek Score92Annual Premium$ 100
AllstateMoneyGeek Score91Annual Premium$ 66
FarmersMoneyGeek Score88Annual Premium$ 77
TravelersMoneyGeek Score62Annual Premium$ 276
ASIMoneyGeek Score60Annual Premium$ 204
HomesiteMoneyGeek Score57Annual Premium$ 247

Cheapest Renters Insurance in Hartford, CT

In Hartford, Connecticut, Allstate offers the cheapest renters insurance at an annual premium of $66 for $20,000 in personal property coverage. Personal property coverage protects your belongings in case of theft, fire, or other covered events. The following providers are the top two cheapest providers in Hartford for $20,000 in personal property coverage and a $1,000 deductible, and MoneyGeek rated the cheapest renters insurance in Hartford with minimal consideration for customer service.

  • Allstate: $66 per year
  • Farmers: $77 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 Hartford, Connecticut
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
AllstateMoneyGeek Score94Annual Premium$ 66
State FarmMoneyGeek Score94Annual Premium$ 81
ChubbMoneyGeek Score91Annual Premium$ 100
FarmersMoneyGeek Score91Annual Premium$ 77
ASIMoneyGeek Score58Annual Premium$ 204
HomesiteMoneyGeek Score49Annual Premium$ 247
TravelersMoneyGeek Score49Annual Premium$ 276

Cheapest Renters Insurance With a High Deductible Hartford, CT

In Hartford, Connecticut, Allstate 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 $66. A deductible is the amount you pay out of pocket before your insurance covers the rest and can affect your rates. The following providers are the top two cheapest providers in Hartford for $20,000 in personal property coverage and a $2,000 deductible:

  • Allstate: $66 per year
  • State Farm: $69 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 can afford your premiums and manage out-of-pocket costs if you need to file a claim.

Cheapest High Deductible Renters Insurance in Hartford, Connecticut
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
Deductible:
Deductible:$ 2,000
AllstateMoneyGeek Score91Annual Premium$ 66
State FarmMoneyGeek Score95Annual Premium$ 69
FarmersMoneyGeek Score89Annual Premium$ 69
ChubbMoneyGeek Score92Annual Premium$ 97
ASIMoneyGeek Score57Annual Premium$ 204
HomesiteMoneyGeek Score56Annual Premium$ 231
TravelersMoneyGeek Score62Annual Premium$ 255
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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 Hartford, CT

In Hartford, Connecticut, Travelers is the best renters insurance company for service quality, with an annual premium of $276. The following providers are the top two best in Hartford for a policy with $20,000 in personal property coverage, for those who value great customer service without considering affordability.

  • Travelers: MoneyGeek score of 96 out of 100 ($276 per year)
  • Chubb: MoneyGeek score of 93 out of 100 ($100 per year)

Great customer service is important for renters looking for insurance because it ensures help and support when you need it most. For instance, when you make a claim, a company with excellent customer service will guide you through the process efficiently, making it less stressful.

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

Overview

In Hartford, Connecticut, Travelers ranks first in customer satisfaction and coverages, making it the top choice for renters. With an annual premium of $276, it is the cheapest provider in the area.

Travelers offers contents replacement cost and scheduled personal property coverages. Contents replacement cost covers personal property losses based on replacement cost at the time of the loss, without depreciation. Scheduled personal property provides protection for high-value items like jewelry and fine art, covering an extended variety of losses.

Best Renters Insurance For Service Quality in Hartford, Connecticut
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
TravelersMoneyGeek Score96Annual Premium$ 276
ChubbMoneyGeek Score93Annual Premium$ 100
State FarmMoneyGeek Score86Annual Premium$ 81
HomesiteMoneyGeek Score78Annual Premium$ 247
AllstateMoneyGeek Score78Annual Premium$ 66
FarmersMoneyGeek Score77Annual Premium$ 77
ASIMoneyGeek Score63Annual Premium$ 204

Best Renters Insurance for High Personal Property Limits in Hartford, CT

State Farm offers the best renters insurance for high personal property coverage in Hartford, Connecticut, with an annual premium of $190 for a policy with $100,000 in personal property coverage. High personal property coverage ensures that renters with a significant amount of belongings are financially protected in case of loss or damage. For $100K in personal property coverage, the following providers are the top two best providers in Hartford:

  • State Farm: MoneyGeek score of 95 out of 100 ($190 per year)
  • Allstate: MoneyGeek score of 88 out of 100 ($236 per year)

Renters who own a lot of belongings often need higher personal property coverage, which compensates them for the loss or damage of their possessions. While higher coverage can mean higher premiums, it's important to find a provider that offers a good balance of cost and service. For items of high value, like jewelry or art, consider additional coverage, as standard policies may not fully cover these items.

Company logo for State Farm
Best High Personal Property LimitState Farm
MoneyGeek Score:
95/ of 100

Overview

State Farm ranks first in affordability and customer satisfaction for expensive homes in Hartford, Connecticut, with an annual premium of $190. State Farm offers cyber event / ID theft coverage, which protects against identity theft and cyber fraud. This coverage can help renters with expensive homes safeguard their personal information and financial assets. Additionally, State Farm provides comprehensive coverage options tailored to the needs of renters with high-value properties.

Best Renters Insurance for High Personal Property Limits in Hartford, Connecticut
State FarmMoneyGeek Score95Annual Premium$ 190
AllstateMoneyGeek Score88Annual Premium$ 236
ChubbMoneyGeek Score83Annual Premium$ 423
FarmersMoneyGeek Score82Annual Premium$ 322
ASIMoneyGeek Score67Annual Premium$ 461
HomesiteMoneyGeek Score65Annual Premium$ 571
TravelersMoneyGeek Score62Annual Premium$ 791
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SCHEDULED PERSONAL PROPERTY COVERAGE

If you own valuables like jewelry or art, standard policies often don't provide coverage for these items. Choose an insurance provider that offers scheduled personal property coverage to protect your valuables.

Best Renters Insurance for Military Families in Hartford, CT

USAA is the top-ranked renters insurance company for those with military backgrounds in Hartford, with an annual premium of $159. The following providers are the top two best providers in Hartford for military members:

  • USAA: MoneyGeek score of 100 out of 100 ($159 per year)
  • State Farm: MoneyGeek score of 93 out of 100 ($81 per year)

USAA offers a range of products tailored for those with a military background, providing discounts and coverages that suit the military lifestyle. While USAA ranks first in affordability, it's worth considering its offerings for their tailored benefits.

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 Hartford, leading in customer satisfaction and offering the most comprehensive coverage at an annual premium of $159.

Contents replacement cost coverage ensures that in the event of theft or damage, you may receive enough to replace your items with new ones. Worldwide personal property coverage offers peace of mind for deployed military members, protecting belongings anywhere in the world.

Best Renters Insurance for Military in Hartford, Connecticut
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
USAAMoneyGeek Score100Annual Premium$ 159
State FarmMoneyGeek Score93Annual Premium$ 81
ChubbMoneyGeek Score92Annual Premium$ 100
AllstateMoneyGeek Score91Annual Premium$ 66
FarmersMoneyGeek Score88Annual Premium$ 77
TravelersMoneyGeek Score62Annual Premium$ 276
ASIMoneyGeek Score60Annual Premium$ 204
HomesiteMoneyGeek Score57Annual Premium$ 247

Best Renters Insurance for Low Credit Scores in Hartford, CT

The top renters insurance provider for those with poor credit in Hartford is Chubb, with an annual premium of $153 for a policy with $20,000 in personal property coverage. The following providers are the top two best providers in Hartford for those with poor credit for the same type of policy:

  • Chubb: MoneyGeek score of 93 out of 100 ($153 per year)
  • State Farm: MoneyGeek score of 91 out of 100 ($163 per year)

Rates in Hartford for those with poor credit are often higher because they pose a greater risk to providers. Insurers view poor credit as an indicator of potential for filing more claims. However, you can take steps to improve your credit, which may help lower your rates over time. It's also beneficial to look for discounts that could reduce your premium.

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

Overview

Chubb ranks first in affordability for renters with poor credit in Hartford, offering an annual premium of $153.
Chubb provides a reasonably rare discount with its Rental Car Coverage, which offers primary car rental coverage worldwide when your liability limit is $1 million or more. Additionally, renters can benefit from the reasonably common Contents Replacement Cost discount, which covers the full cost to replace belongings in case of unexpected events like fire or water leaks.

Best Renters Insurance for Low Credit Scores in Hartford, Connecticut
Data filtered by:Results filtered by:
Credit Score:
Credit Score:Poor
Coverage:
Coverage:$20K Personal Property
ChubbMoneyGeek Score93Annual Premium$ 153
State FarmMoneyGeek Score91Annual Premium$ 163
AllstateMoneyGeek Score91Annual Premium$ 66
FarmersMoneyGeek Score85Annual Premium$ 172
ASIMoneyGeek Score68Annual Premium$ 404
HomesiteMoneyGeek Score63Annual Premium$ 598
TravelersMoneyGeek Score62Annual Premium$ 836

Average Cost of Renters Insurance in Hartford, CT

The average cost of renters insurance in Hartford, Connecticut, is $150 annually or $12 monthly. This is slightly lower than the state average of $151. Compared to the national average of $145, Hartford's cost is marginally higher. 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 Hartford 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 Hartford

Various elements can influence the cost of renters insurance in Hartford, Connecticut. For instance, the neighborhood you live in and the amount of coverage you need can significantly impact your premium. Knowing what affects your insurance costs is essential when shopping for a policy, as it helps you make informed decisions and avoid overpaying. Below are some key factors that affect renters insurance costs:

  • Location: Where you live in Hartford can affect your premium. Areas with higher crime rates or risk factors may lead to higher costs.
  • Coverage Amount: The more coverage you require, the higher your premium will be. Ensure you choose a coverage amount that aligns with your needs.
  • Deductible: A higher deductible can lower your premium, but it means you'll pay more out of pocket in the event of a claim.
  • Personal Property Value: The value of your personal belongings can affect your premium. Higher-value items typically increase the cost.
  • Claims History: A history of frequent claims can result in higher premiums. Insurers may view you as a higher risk.

What Renters Insurance Covers in Hartford, CT

Renters insurance primarily protects your personal belongings from damage, but it also covers other areas such as liability and loss of use. Here’s a breakdown of what renters insurance typically covers:

  • Personal Property Coverage: This covers your personal belongings in case of damage or theft. For example, if a fire damages your apartment in Connecticut, your policy would pay to replace your damaged items.
  • Personal Liability Coverage: This protects you if someone gets injured in your apartment and you are found legally responsible. For instance, if a guest slips and falls in your Connecticut rental, this coverage can help pay for their medical expenses and legal fees.
  • Loss Of Use Coverage: Loss of use covers additional living expenses if your rental becomes uninhabitable due to a covered peril. If your Connecticut apartment is damaged by a storm and you need to stay in a hotel, loss of use coverage can help cover those costs.
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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 Hartford

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 Hartford, CT

The best renters insurance provider for you in Hartford ultimately depends on your needs. To help you further, we have compiled a list of frequently asked questions below.

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

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.