5/5
Affordability
5/5
User Satisfaction
5/5
Financial Stability
If you want the best renters insurance in New Hampshire, MoneyGeek is here to help. MoneyGeek ranked the top insurers in the state based on price, customer reviews and financial strength. This information will help you find the right policy for your needs at a price that doesn’t break the bank.
Ensure you're getting the best rate for your renters insurance. Compare quotes from the top insurance companies.
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For most renters looking for renters insurance in New Hampshire, pricing is always a priority. There are several insurance companies offering various coverages that vary widely in price. USAA has the lowest rate in the state, but USAA insurance plans are only applicable to former and current military members and their families. Therefore, the cheapest policies in New Hampshire for most people are available from MetLife at around $82 per year, or Amica Mutual, with an average annual price point of $83.
Renters insurance rates gathered by Moneygeek are based on average rates across various ZIP codes in the state. These rates are for personal property coverage of $20,000, liability coverage of $100,000 and a deductible of $500.
Personal Property Coverage:
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City | Cheapest Company | Average Annual Premium |
---|---|---|
Manchester, NH | USAA | $68 |
Manchester, NH | MetLife | $82 |
Manchester, NH | Amica Mutual | $83 |
Manchester, NH | Allstate | $90 |
Manchester, NH | Farmers | $115 |
Manchester, NH | State Farm | $128 |
Ensure you're getting the best rate for your renters insurance. Compare quotes from the top insurance companies.
Pricing isn’t the only consideration in choosing the top renters insurance companies in New Hampshire. That’s why MoneyGeek’s rankings incorporate not just unique pricing data but also customer reviews from J.D. Power and financial strength rankings from AM Best. According to these criteria, the best widely available overall renters insurance provider in this state is Amica, with a score of 92 out of 100 points.
USAA receives top marks but is only available if you're a current or former military members.
While they usually offer the lowest renters insurance rates in most states across the U.S., USAA’s insurance plans are exclusive to military members and their families. But for those who qualify, USAA’s renters insurance coverage in New Hampshire may be the best deal. Their standard renters insurance costs an average of $6 per month. Additional coverage for more specific needs may be added at an extra cost. USAA is on Fortune’s list of the most admired companies, primarily for its strong customer service and financial stability as an insurance provider.
In New Hampshire, Amica offers cheap rates but also an excellent customer service experience. Renters can save even more when they pay their premium with automatic discounts or receive policy information and bills electronically.
According to MoneyGeek’s overall ranking of the best renters insurance in New Hampshire, MetLife ranks highly in overall scores for affordability, customer service and financial strength. MetLife offers specialty insurance packages for electronics, sports gear, musical instruments and other luxury items. Renters can save money by bundling their renters insurance with car insurance. With MetLife, you can keep adding layers of coverage depending on what you need.
Allstate might not offer the lowest renters insurance rates in New Hampshire, but they do provide a selection of discounts. Properties with existing security systems automatically get a 15% discount, while retirees can enjoy up to a $25 discount. Allstate is one of the biggest insurance companies in the U.S. They currently provide insurance to 16 million renters across the country.
A standard renters insurance package from Farmers comes with four basic coverages: personal possessions protection, personal liability, medical payments and additional living expenses. A basic policy costs around $10 monthly. They offer additional coverage at a cost, such as identity theft protection — which costs around $6.50 monthly — and coverage for premium items like jewelry and electronics. Online quotes are easy to secure online. Today, there are 10 million Americans with Farmers renters insurance.
For renters looking for insurance plans, it is always wise to consider purchasing from larger and more stable companies, as this will give you more peace of mind that your claims will be paid. In New Hampshire, Liberty Mutual is the largest renters insurance company, followed by State Farm and Allstate.
renters insurance is equal to the average.
The average renter in New Hampshire pays $8 monthly for renters insurance. This is for personal property coverage of $20,000, liability coverage of $100,000 and a deductible of $500. This rate is about 38% lower than the monthly average U.S. renters insurance cost.
Since there are several renters insurance providers in New Hampshire, rates can fluctuate quite a bit. By getting the cheapest insurance plan in the state, you will save around $4 each month compared to using the most expensive company. Before you make a decision, make sure to shop around and compare quotes.
Your renters insurance rate is dependent on many factors. Once you apply for insurance, the company will evaluate a few key pieces of information about you and your rental unit to determine your renters insurance rate.
Ensure you're getting the best rate for your renters insurance. Compare quotes from the top insurance companies.
In New Hampshire, 24% of all residents live in rental homes, paying around $1,150 monthly for rent. To secure personal property coverage of $20,000, liability coverage of $100,000 and a deductible of $500, you will only need to pay $8 monthly on average.
For a minimal monthly cost, renters can purchase renters insurance in New Hampshire and secure their personal belongings in case of an unforeseen calamity or break-in. Take note that your landlord’s insurance does not cover your personal belongings as a renter.
There is a wide range of renters insurance coverage in New Hampshire to match your needs. But the basic renters insurance policy typically includes the following coverages:
Your standard renters insurance plan has certain limitations. Understanding these will help you better determine which coverage is best for your needs and what additional insurance you’ll need to purchase. The following perils are not covered in a typical renters insurance plan. Make sure you read your policy inclusions carefully to know what your insurer does and does not cover.
Ensure you're getting the best rate for your renters insurance. Compare quotes from the top insurance companies.
MoneyGeek analyzed renters insurance premiums from seven of the top insurance companies in New Hampshire provided in partnership with Quadrant. Our analysis includes quotes from ZIP codes across New Hampshire. Quotes were gathered for policies with personal property coverage of $20,000, $50,000 and $100,000, liability coverage of $100,000 and a deductible of $500.
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