Best and Cheapest Renters Insurance in Pomona, CA (Sept 2024)


Updated: September 13, 2024

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The best renters insurance company in Pomona, California, is Nationwide, with a MoneyGeek score of 94 and an average annual premium of $125 for $20,000 in personal property coverage. The cheapest is State Farm, with a MoneyGeek score of 94 and an annual premium of $121.

The best homeowners insurance provider balances customer service and affordability. Other providers may be best, depending on your needs. MoneyGeek also assessed the best and cheapest renters insurance in California for those who live elsewhere in the state.

MoneyGeek Logo IconBest & CheapestRentersPomona, CA
2024

Table of Contents

Why Trust MoneyGeek? To find the top renters insurance in Pomona, we analyzed data from the California Department of Insurance and Quadrant Information Services.

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

768Quotes Analyzed
 
8Providers Analyzed
 
2ZIP Codes

Overall Best Renters Insurance in Pomona, CA

The best renters insurance providers in Pomona for a policy with $20,000 in personal property coverage are:

  • Nationwide: MoneyGeek score of 94 out of 100 ($125 per year)
  • Travelers: MoneyGeek score of 93 out of 100 ($137 per year)

The best provider balances cost effectiveness and service quality. Nationwide has an affordability score of 52 out of 55 and a customer satisfaction score of 28 out of 30.

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

Overview

Nationwide ranks first in Pomona for coverages, with an annual premium of $125. It offers credit card forgery coverage, which financially protects against unauthorized transactions on credit and debit cards, forged checks and counterfeit money. Additionally, Nationwide’s theft from vehicles coverage provides extra protection for your valuables stored in or on any motor vehicle, trailer or watercraft.

Best Renters Insurance in Pomona, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
NationwideMoneyGeek Score94Annual Premium$ 125
TravelersMoneyGeek Score93Annual Premium$ 137
State FarmMoneyGeek Score93Annual Premium$ 121
AllstateMoneyGeek Score87Annual Premium$ 123
Capital Insurance GroupMoneyGeek Score82Annual Premium$ 103
FarmersMoneyGeek Score80Annual Premium$ 172
ChubbMoneyGeek Score61Annual Premium$ 366

Cheapest Renters Insurance in Pomona, CA

In Pomona, State Farm offers the cheapest renters insurance with an annual premium of $121 for $20,000 in personal property coverage.

  • State Farm: $121 per year
  • Nationwide: $125 per year

Personal property coverage helps replace or repair your belongings if damaged, lost or stolen. Cheap renters insurance policies often have lower personal property coverage limits. Higher coverage limits can lead to higher monthly costs but offer better protection if you have many personal belongings.

Cheapest Renters Insurance in Pomona, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
State FarmMoneyGeek Score94Annual Premium$ 121
NationwideMoneyGeek Score93Annual Premium$ 125
TravelersMoneyGeek Score92Annual Premium$ 137
AllstateMoneyGeek Score90Annual Premium$ 123
Capital Insurance GroupMoneyGeek Score89Annual Premium$ 103
FarmersMoneyGeek Score80Annual Premium$ 172
ChubbMoneyGeek Score49Annual Premium$ 366

Cheapest Renters Insurance With a High Deductible in Pomona, CA

Capital Insurance Group offers Pomona's best and cheapest renters insurance for a policy with $20,000 in personal property coverage and a $2,000 deductible. Here are the top options for higher deductible policies:

  • Capital Insurance Group: $80 per year
  • Nationwide: $99 per year

A deductible is the amount you pay out of pocket before your insurance covers the rest. While a higher deductible can lower your premium, choosing an amount you can comfortably pay is crucial if you need to file a claim.

Cheapest High Deductible Renters Insurance in Pomona, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
Deductible:
Deductible:$ 2,000
Capital Insurance GroupMoneyGeek Score82Annual Premium$ 80
NationwideMoneyGeek Score94Annual Premium$ 99
TravelersMoneyGeek Score94Annual Premium$ 111
State FarmMoneyGeek Score90Annual Premium$ 119
AllstateMoneyGeek Score84Annual Premium$ 123
FarmersMoneyGeek Score77Annual Premium$ 169
ChubbMoneyGeek Score61Annual Premium$ 338
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HOW TO SET YOUR DEDUCTIBLE

If you file a claim, choose a deductible amount that you can comfortably pay out of pocket. Opting for a higher deductible can lower your premium, leading to overall cost savings while maintaining adequate coverage.

Best Renters Insurance for Customer Service in Pomona, CA

In Pomona, Travelers is the best renters insurance company for service quality, with an average annual premium of $137 for $20,000 in personal property coverage.

  • Travelers: MoneyGeek score of 96 out of 100 ($137 per year)
  • Nationwide: MoneyGeek score of 95 out of 100 ($125 per year)

Excellent customer service is crucial for renters, ensuring a smooth experience, particularly when filing a claim. For instance, with a provider known for exceptional service, you can expect quick, helpful responses that make the claims process less stressful. MoneyGeek evaluates insurers using J.D. Power surveys, which assess customer satisfaction with policy offerings, pricing, billing and claims handling.

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

Overview

Travelers ranks first in Pomona for customer satisfaction and coverages, with an average annual premium of $137.

Travelers' contents replacement cost add-on covers personal property losses at full replacement value without deducting for depreciation. Its scheduled personal property coverage offers higher coverage limits for special items like jewelry and fine art without requiring appraisals or item listings.

Best Renters Insurance For Service Quality in Pomona, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
TravelersMoneyGeek Score96Annual Premium$ 137
NationwideMoneyGeek Score95Annual Premium$ 125
ChubbMoneyGeek Score93Annual Premium$ 366
State FarmMoneyGeek Score86Annual Premium$ 121
AllstateMoneyGeek Score77Annual Premium$ 123
FarmersMoneyGeek Score77Annual Premium$ 172
Capital Insurance GroupMoneyGeek Score61Annual Premium$ 103

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

For $100,000 in personal property coverage, the top renters insurance providers in Pomona are:

  • Travelers: MoneyGeek score of 96 out of 100 ($334 per year)
  • State Farm: MoneyGeek score of 95 out of 100 ($283 per year)

Renters with many belongings need higher personal property coverage to financially protect items like furniture, electronics and clothing from theft, damage or loss. Higher coverage can increase premiums, so find a provider that balances cost with excellent service. High-value items like jewelry or art may need additional coverage beyond standard policies.

Company logo for Travelers
Best High Personal Property LimitTravelers
MoneyGeek Score:
96/ of 100

Overview

Travelers ranks first for affordability and customer satisfaction for renters with expensive homes in Pomona, with an annual premium of $334.

It offers contents replacement cost, covering personal property losses at replacement value without deducting for depreciation, and scheduled personal property coverage for high-value items like jewelry and fine art against a variety of losses.

Best Renters Insurance for High Personal Property Limits in Pomona, CA
TravelersMoneyGeek Score96Annual Premium$ 334
State FarmMoneyGeek Score95Annual Premium$ 283
NationwideMoneyGeek Score93Annual Premium$ 388
AllstateMoneyGeek Score86Annual Premium$ 381
FarmersMoneyGeek Score84Annual Premium$ 451
Capital Insurance GroupMoneyGeek Score81Annual Premium$ 315
ChubbMoneyGeek Score61Annual Premium$ 1,273
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SCHEDULED PERSONAL PROPERTY COVERAGE

You need additional coverage if you own valuables like fine jewelry or art since standard policies often don't cover these items. Choose a provider offering scheduled personal property coverage to protect your high-value possessions.

Best Renters Insurance for Military Families in Pomona, CA

For renters with military backgrounds in Pomona, the best providers for a policy with $20,000 in personal property coverage are:

  • USAA: MoneyGeek score of 100 out of 100 ($149 per year
  • Nationwide: MoneyGeek score of 94 out of 100 ($125 per year)

USAA offers a range of products tailored to the needs of active military members, veterans and their families. Although other insurers have lower premiums, USAA's specialized offerings make it a better overall choice for service members.

Company logo for USAA
Best for MilitaryUSAA
MoneyGeek Score:
100/ of 100

Overview

USAA is the top insurance provider for renters with a military background in Pomona. With an annual premium of $149, USAA excels in customer satisfaction and coverages. Its contents replacement cost coverage ensures you can replace stolen or damaged items, like a TV, with new ones without deducting for depreciation. Additionally, the worldwide personal property coverage financially protects your belongings while you're deployed abroad.

Best Renters Insurance for Military in Pomona, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
USAAMoneyGeek Score100Annual Premium$ 149
NationwideMoneyGeek Score94Annual Premium$ 125
TravelersMoneyGeek Score93Annual Premium$ 137
State FarmMoneyGeek Score93Annual Premium$ 121
AllstateMoneyGeek Score87Annual Premium$ 123
Capital Insurance GroupMoneyGeek Score82Annual Premium$ 103
FarmersMoneyGeek Score80Annual Premium$ 172
ChubbMoneyGeek Score61Annual Premium$ 366

Average Cost of Renters Insurance in Pomona, CA

The average cost of renters insurance in Pomona is $164 annually or $14 per month. This is higher than both the state average of $148 and the national average of $145. These rates are based on a renters insurance policy with $20,000 personal property coverage, $100,000 liability coverage and a $1,000 deductible.

Renters insurance costs can vary depending on the amount of personal property coverage you choose. Consider using a personal property coverage calculator to estimate your needs and find a suitable policy.

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 Pomona

Various factors influence renters insurance rates in Pomona. Understanding them can help you find a policy that fits your budget and needs.

  • Location: Crime rates and weather risks in your area can affect your premium.
  • Coverage amount: Higher coverage limits increase your insurance costs.
  • Deductible: A higher deductible lowers your monthly premium but means higher out-of-pocket costs in a claim.
  • Claims history: A history of claims may lead to higher premiums due to increased perceived risk.
  • Credit score: A better credit record can result in lower premiums.

What Renters Insurance Covers in Pomona, CA

Renters insurance covers personal property, liability and additional living expenses. It protects financially against theft, fire and other unforeseen events. Liability coverage helps in case of lawsuits for injuries or property damage.

Here's what renters insurance covers:

  • Personal property coverage: Protects your belongings against fire, theft or vandalism. For example, if a wildfire damages your apartment in California, this coverage helps replace your possessions.
  • Personal liability coverage: Covers expenses if someone is injured in your rental unit or if you accidentally damage someone else's property. For example, if a guest slips and falls in your California apartment, this coverage can help with legal fees and medical bills.
  • Loss of use coverage: Covers additional living expenses if your rental becomes uninhabitable due to a covered event. For example, if an earthquake makes your California apartment unlivable, loss of use coverage can help pay for temporary housing 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 Pomona

While renters insurance provides a financial safety net, it doesn't cover every situation:

  • Natural disasters: Standard policies typically exclude damage from floods.
  • Roommate's belongings: Personal property coverage usually doesn't extend to a roommate's possessions unless they're listed on the policy.
  • High-value items: Expensive items like jewelry or electronics may require additional coverage if their value exceeds the policy limit.
  • Business equipment: Property used for business purposes is generally not covered under standard renters insurance.
  • Pest damage: Damage from pests like bed bugs or rodents is usually not covered.
  • Car theft: While personal property stolen from your car may be covered, the theft of the vehicle itself is not.

FAQ: Renters Insurance in Pomona, CA

Choosing the best renters insurance provider in Pomona depends on your needs. We address some frequently asked questions to help you make an informed decision.

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

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.