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


Updated: September 12, 2024

The best renters insurance company in Oceanside, California is Nationwide, with a MoneyGeek score of 92 and an annual premium of $103. The cheapest renters insurance provider is Capital Insurance Group, with a MoneyGeek score of 89 and an annual premium of $77.

The best homeowners insurance provider should offer a balance of customer service with affordability. Depending on your needs, other providers may be best. For example, Travelers wins for service quality with an annual premium of $133.

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

Table of Contents
MoneyGeek Logo IconBest & CheapestRentersOceanside, CA
2024

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

recency icon

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

768Quotes Analyzed
 
8Providers Analyzed
 
2ZIP Codes

Overall Best Renters Insurance in Oceanside, CA

The best renters insurance in Oceanside, California is Nationwide with a MoneyGeek score of 92 out of 100 and an annual premium of $103. The following providers are the two best renters insurance providers in Oceanside for a policy with $20,000 in personal property coverage, $100,000 in personal liability, and a $1,000 deductible.

  • Travelers: MoneyGeek score of 88 out of 100 ($133 per year)
  • State Farm: MoneyGeek score of 87 out of 100 ($121 per year)

The best provider in the state is one that can balance both cost and affordability. Nationwide has perfectly balanced customer satisfaction and affordability with an affordability score of 51 out of 55.

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

Overview

Nationwide ranks first in California for coverage, offering an annual premium of $103 in Oceanside. Nationwide includes uncommon coverages like credit card forgery and theft from vehicles. Credit card forgery covers unauthorized transactions on your credit cards and bank debit/ATM card, as well as forged checks and counterfeit money. Theft from vehicles extends protection to your personal belongings stored in or on any motor vehicle, trailer, or watercraft.

Best Renters Insurance in Oceanside, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
NationwideMoneyGeek Score92Annual Premium$ 103
TravelersMoneyGeek Score88Annual Premium$ 133
State FarmMoneyGeek Score87Annual Premium$ 121
AllstateMoneyGeek Score85Annual Premium$ 105
Capital Insurance GroupMoneyGeek Score82Annual Premium$ 77
FarmersMoneyGeek Score74Annual Premium$ 166
ChubbMoneyGeek Score61Annual Premium$ 284

Cheapest Renters Insurance in Oceanside, CA

Capital Insurance Group offers the cheapest renters insurance in Oceanside, California, with an annual premium of $77 for $20,000 in personal property coverage. The following providers are the two cheapest providers in Oceanside for $20,000 in personal property coverage and a $1,000 deductible.

  • Capital Insurance Group: $77 per year
  • Nationwide: $103 per year

We rated the cheapest renters insurance in Oceanside with minimal consideration for customer service. Personal property coverage helps protect your belongings in case of theft, fire, or other covered events.

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

Cheapest Renters Insurance in Oceanside, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
Capital Insurance GroupMoneyGeek Score89Annual Premium$ 77
NationwideMoneyGeek Score91Annual Premium$ 103
AllstateMoneyGeek Score87Annual Premium$ 105
State FarmMoneyGeek Score87Annual Premium$ 121
TravelersMoneyGeek Score86Annual Premium$ 133
FarmersMoneyGeek Score72Annual Premium$ 166
ChubbMoneyGeek Score49Annual Premium$ 284

Cheapest Renters Insurance With a High Deductible Oceanside, CA

Capital Insurance Group offers the cheapest renters insurance in Oceanside, California, for a policy with $20,000 in personal property coverage and a $2,000 deductible, with an annual premium of $60. The following providers are the two cheapest providers in Oceanside for $20,000 in personal property coverage and a $2,000 deductible:

  • Capital Insurance Group: $60 per year
  • Nationwide: $81 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. It's important to balance both to ensure you have adequate coverage without overpaying. If you need to file a claim, a higher deductible means you pay more out-of-pocket, but your premiums remain lower.

Cheapest High Deductible Renters Insurance in Oceanside, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
Deductible:
Deductible:$ 2,000
Capital Insurance GroupMoneyGeek Score82Annual Premium$ 60
NationwideMoneyGeek Score93Annual Premium$ 81
AllstateMoneyGeek Score82Annual Premium$ 105
TravelersMoneyGeek Score89Annual Premium$ 108
State FarmMoneyGeek Score84Annual Premium$ 119
FarmersMoneyGeek Score71Annual Premium$ 163
ChubbMoneyGeek Score61Annual Premium$ 263
mglogo icon
HOW TO SET YOUR DEDUCTIBLE

When choosing a deductible, make sure it's an amount you can comfortably pay out-of-pocket if you need to file a claim. Opting for a higher deductible can lower your premium, leading to overall cost savings without sacrificing adequate coverage. Balancing the deductible and premium ensures you get the best value for your money while keeping your coverage effective.

Best Renters Insurance for Customer Service in Oceanside, CA

In Oceanside, California, Travelers is the best renters insurance company for service quality, with an annual premium of $133. The following providers are the two best in Oceanside, California, 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 ($133 per year)
  • Nationwide: MoneyGeek score of 95 out of 100 ($103 per year)

We score renters insurance providers and their customer satisfaction based on J.D. Power surveys, which assess overall customer experiences. Great customer service is important for renters looking for insurance because it ensures a smooth experience when you need help. For example, when you make a claim, having a responsive and helpful provider can make the process less stressful and quicker.

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

Overview

Travelers ranks first in customer satisfaction and coverages in Oceanside, California, with an annual premium of $133. Travelers offers contents replacement cost, which covers personal property losses based on replacement cost at the time of loss without depreciation. This coverage is subject to policy limits and deductibles, with special limits for items like jewelry and watches.

Additionally, Travelers provides scheduled personal property coverage, protecting valuable items such as jewelry, fine art, and musical instruments from various losses. This coverage allows higher limits without requiring appraisals or item listings.

Best Renters Insurance for Service Quality in Oceanside, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
TravelersMoneyGeek Score96Annual Premium$ 133
NationwideMoneyGeek Score95Annual Premium$ 103
ChubbMoneyGeek Score93Annual Premium$ 284
State FarmMoneyGeek Score86Annual Premium$ 121
AllstateMoneyGeek Score77Annual Premium$ 105
FarmersMoneyGeek Score77Annual Premium$ 166
Capital Insurance GroupMoneyGeek Score61Annual Premium$ 77

Best Renters Insurance for High Personal Property Limits in Oceanside, CA

Nationwide offers the best value for renters in Oceanside, California, seeking high personal property coverage, with an annual premium of $307 for a policy with $100,000 in coverage. For $100K in personal property coverage, the two providers in Oceanside are:

  • Nationwide: MoneyGeek score of 93 out of 100 ($307 per year)
  • State Farm: MoneyGeek score of 92 out of 100 ($291 per year)

High personal property coverage ensures that renters with a substantial amount of belongings are adequately protected. Renters who own a lot of belongings often opt for higher personal property coverage. This type of coverage safeguards your possessions from potential losses due to theft, fire, or other perils.

While higher coverage levels typically come at a higher premium, finding a provider that offers both reasonable costs and excellent service is important. Keep in mind that high-value items like jewelry or art may not be fully covered under a standard renters policy and might require additional insurance to ensure full protection.

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

Overview

Nationwide ranks first in Oceanside for expensive homes, offering top affordability and customer satisfaction. Their annual premium is $307. Nationwide includes coverage for credit card forgery, protecting against unauthorized transactions and forged checks. It also offers reasonably rare coverage for theft from vehicles, extending protection to personal belongings stored in vehicles.

Best Renters Insurance for High Personal Property Limits in Oceanside, CA
NationwideMoneyGeek Score93Annual Premium$ 307
State FarmMoneyGeek Score92Annual Premium$ 291
TravelersMoneyGeek Score92Annual Premium$ 347
AllstateMoneyGeek Score85Annual Premium$ 321
Capital Insurance GroupMoneyGeek Score82Annual Premium$ 238
FarmersMoneyGeek Score79Annual Premium$ 429
ChubbMoneyGeek Score61Annual Premium$ 906
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 Oceanside, CA

USAA is the top-ranked renters insurance company in Oceanside, exclusively serving those with military backgrounds. The following are the two best providers in Oceanside for veterans for a policy with $20,000 in personal property coverage.

  • USAA: MoneyGeek score of 100 out of 100 ($93 per year)
  • Nationwide: MoneyGeek score of 92 out of 100 ($103 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’s the cheapest in Oceanside 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 Oceanside. With an average annual premium of $92, USAA provides affordability and comprehensive financial protection.

It offers contents replacement cost, which covers the cost of replacing belongings with brand-new ones in the event of theft or damage. It also has worldwide personal property coverage, providing peace of mind for military members at home or abroad.

Best Renters Insurance for Military in Oceanside, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
USAAMoneyGeek Score100Annual Premium$ 93
NationwideMoneyGeek Score92Annual Premium$ 103
TravelersMoneyGeek Score88Annual Premium$ 133
State FarmMoneyGeek Score87Annual Premium$ 121
AllstateMoneyGeek Score85Annual Premium$ 105
Capital Insurance GroupMoneyGeek Score82Annual Premium$ 77
FarmersMoneyGeek Score74Annual Premium$ 166
ChubbMoneyGeek Score61Annual Premium$ 284

Average Cost of Renters Insurance in Oceanside, CA

The average cost of renters insurance in Oceanside, California, is $141 annually or $12 monthly. Compared with the state average of $148, Oceanside is $7 cheaper annually. Nationally, the average cost is $145, making Oceanside $4 less expensive. 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 Oceanside may vary greatly depending on the amount of personal property coverage you purchase. Personal property coverage protects your belongings in case of theft, damage, or loss. 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 Oceanside

The cost of renters insurance in Oceanside, 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 Oceanside, 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.
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 Oceanside

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 Oceanside, CA

The best renters insurance provider for you in Oceanside ultimately depends on your needs. Below, you will find answers to common questions to help guide your decision.

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