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


Updated: September 13, 2024

Advertising & Editorial Disclosure

Auto-Owners is the best and cheapest renters insurance company in Pueblo, Colorado, with a MoneyGeek score of 92 and an average annual premium of $59 for $20,000 in personal property coverage.

The best homeowners insurance balances service quality and affordability. Depending on your needs, other providers may be best, such as Chubb for service quality, with an annual premium of $125. MoneyGeek also reviewed the best and cheapest renters insurance in Colorado for those who live elsewhere in the state.

MoneyGeek Logo IconBest & CheapestRentersPueblo, CO
2024

Table of Contents

Why Trust MoneyGeek? We used information from the Colorado Division of Insurance and Quadrant Information Services to determine the top renters insurance in Pueblo.

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

2,880Quotes Analyzed
 
8Providers Analyzed
 
2ZIP Codes

Overall Best Renters Insurance in Pueblo, CO

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

  • Auto-Owners: MoneyGeek score of 92 out of 100 ($59 per year)
  • State Farm: MoneyGeek score of 91 out of 100 ($67 per year)

Auto-Owners balances cost effectiveness with service quality, with an affordability score of 55 out of 55 and a customer satisfaction score of 22 out of 30.

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

Overview

Auto-Owners ranks first in affordability and coverage in Pueblo, with an average annual premium of $59.

Its contents replacement cost coverage ensures you get the full value for damaged or lost items without deducting for depreciation. The backup of sewer or drain coverage protects against costly repairs from water damage caused by sewer or drain backups.

Best Renters Insurance in Pueblo, CO
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
Auto-Owners InsuranceMoneyGeek Score92Annual Premium$ 59
State FarmMoneyGeek Score91Annual Premium$ 67
ChubbMoneyGeek Score78Annual Premium$ 125
AllstateMoneyGeek Score77Annual Premium$ 95
FarmersMoneyGeek Score61Annual Premium$ 150
COUNTRY FinancialMoneyGeek Score58Annual Premium$ 154
American FamilyMoneyGeek Score57Annual Premium$ 190

Cheapest Renters Insurance in Pueblo, CO

In Pueblo, Auto-Owners offers the cheapest renters insurance at $59 annually for $20,000 in personal property coverage.

  • Auto-Owners: $59 per year
  • State Farm: $67 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 Pueblo, CO
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
Auto-Owners InsuranceMoneyGeek Score96Annual Premium$ 59
State FarmMoneyGeek Score93Annual Premium$ 67
AllstateMoneyGeek Score79Annual Premium$ 95
ChubbMoneyGeek Score73Annual Premium$ 125
FarmersMoneyGeek Score57Annual Premium$ 150
COUNTRY FinancialMoneyGeek Score55Annual Premium$ 154
American FamilyMoneyGeek Score45Annual Premium$ 190

Cheapest Renters Insurance With a High Deductible in Pueblo, CO

Auto-Owners offers the best and cheapest renters insurance in Pueblo for a policy with $20,000 in personal property coverage and a $2,000 deductible. Here are the top options for higher deductible policies:

  • Auto-Owners: $57 per year
  • State Farm: $65 per year

A deductible is the amount you pay out of pocket before your insurance covers the rest. Higher deductibles usually mean lower premiums, while lower deductibles result in higher premiums. Balancing these factors ensures adequate coverage when filing a claim. Renters should consider their financial situation and potential risks when selecting a deductible.

Cheapest High Deductible Renters Insurance in Pueblo, CO
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
Deductible:
Deductible:$ 2,000
Auto-Owners InsuranceMoneyGeek Score92Annual Premium$ 57
State FarmMoneyGeek Score90Annual Premium$ 65
AllstateMoneyGeek Score75Annual Premium$ 95
ChubbMoneyGeek Score77Annual Premium$ 119
COUNTRY FinancialMoneyGeek Score60Annual Premium$ 138
FarmersMoneyGeek Score58Annual Premium$ 150
American FamilyMoneyGeek Score57Annual Premium$ 174
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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 Pueblo, CO

Chubb offers the best renters insurance for service quality in Pueblo, with an average annual premium of $125 for $20,000 in personal property coverage.

  • Chubb: MoneyGeek score of 93 out of 100 ($125 per year)
  • American Family: MoneyGeek score of 87 out of 100 ($190 per year)

Excellent customer service is crucial for renters seeking insurance because it ensures a smooth and supportive experience, particularly during claims. Efficient service means the insurer handles your case quickly and effectively, reducing stress and helping you recover faster. MoneyGeek scores insurers based on customer satisfaction from J.D. Power surveys, which assess satisfaction with policy offerings, price, billing and claims.

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

Overview

Chubb ranks first for customer satisfaction and coverages in Pueblo, with an annual premium of $125. It offers contents replacement cost, which pays for the full replacement cost of your belongings, and rental car coverage, which provides primary car rental protection worldwide if your liability limit is $1 million or more.

Best Renters Insurance For Service Quality in Pueblo, CO
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
ChubbMoneyGeek Score93Annual Premium$ 125
American FamilyMoneyGeek Score87Annual Premium$ 190
Auto-Owners InsuranceMoneyGeek Score83Annual Premium$ 59
State FarmMoneyGeek Score82Annual Premium$ 67
AllstateMoneyGeek Score71Annual Premium$ 95
FarmersMoneyGeek Score70Annual Premium$ 150
COUNTRY FinancialMoneyGeek Score66Annual Premium$ 154

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

Auto-Owners offers the best renters insurance in Pueblo, with an annual premium of $127 for $100,000 in personal property coverage.

  • Auto-Owners: MoneyGeek score of 92 out of 100 ($127 per year)
  • State Farm: MoneyGeek score of 90 out of 100 ($157 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 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 Pueblo, with an annual premium of $127.

It offers contents replacement cost, covering repairs or replacements without deducting for depreciation, and backup of sewer or drain, protecting against water damage from sewer or drain backups.

Best Renters Insurance for High Personal Property Limits in Pueblo, CO
Auto-Owners InsuranceMoneyGeek Score92Annual Premium$ 127
State FarmMoneyGeek Score90Annual Premium$ 157
COUNTRY FinancialMoneyGeek Score81Annual Premium$ 167
AllstateMoneyGeek Score77Annual Premium$ 233
FarmersMoneyGeek Score73Annual Premium$ 266
American FamilyMoneyGeek Score70Annual Premium$ 366
ChubbMoneyGeek Score60Annual Premium$ 509
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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 Pueblo, CO

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

  • USAA: MoneyGeek score of 100 out of 100 ($108 per year)
  • Auto-Owners: MoneyGeek score of 92 out of 100 ($59 per year)

USAA offers products tailored to those with a military background, including discounts and coverages suited to the military lifestyle. While USAA isn't the cheapest in the city, its specialized offerings make it a strong choice for military members.

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

Overview

USAA is the top insurance provider for Pueblo renters with a military background. With an average annual premium of $108, USAA provides affordability and comprehensive financial protection.

Its contents replacement cost coverage ensures that stolen or damaged items can be replaced with new ones. Additionally, its worldwide personal property coverage financially protects deployed military members, providing peace of mind even when abroad.

Best Renters Insurance for Military in Pueblo, CO
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
USAAMoneyGeek Score100Annual Premium$ 108
Auto-Owners InsuranceMoneyGeek Score92Annual Premium$ 59
State FarmMoneyGeek Score91Annual Premium$ 67
ChubbMoneyGeek Score78Annual Premium$ 125
AllstateMoneyGeek Score77Annual Premium$ 95
FarmersMoneyGeek Score61Annual Premium$ 150
COUNTRY FinancialMoneyGeek Score58Annual Premium$ 154
American FamilyMoneyGeek Score57Annual Premium$ 190

Best Renters Insurance for Low Credit Scores in Pueblo, CO

In Pueblo, Chubb is the best renters insurance company for those with a poor credit score between 542 and 577. It offers an average annual premium of $214 for a policy with $20,000 in personal property coverage.

  • Chubb: MoneyGeek score of 95 out of 100 ($214 per year)
  • State Farm: MoneyGeek score of 93 out of 100 ($134 per year)

Renters with poor credit often pay higher insurance rates due to the increased risk of claims and missed payments. Improving your credit score and using discounts can help lower these premiums over time.

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

Overview

Chubb ranks first in affordability and coverages for renters insurance in Pueblo, with an annual premium of $214.

Renters can save more with Chubb's discounts for buildings with security features and by bundling homeowners and auto policies, which is beneficial for those with poor credit.

Best Renters Insurance for Low Credit Scores in Pueblo, CO
Data filtered by:Results filtered by:
Credit Score:
Credit Score:Poor
Coverage:
Coverage:$20K Personal Property
ChubbMoneyGeek Score95Annual Premium$ 214
State FarmMoneyGeek Score93Annual Premium$ 134
American FamilyMoneyGeek Score89Annual Premium$ 325
AllstateMoneyGeek Score86Annual Premium$ 170
FarmersMoneyGeek Score85Annual Premium$ 212
COUNTRY FinancialMoneyGeek Score83Annual Premium$ 230
Auto-Owners InsuranceMoneyGeek Score56Annual Premium$ 2,002

Average Cost of Renters Insurance in Pueblo, CO

The average cost of renters insurance in Pueblo is $120 annually (about $10 monthly), slightly higher than the state average of $114 but lower than the national average of $145. These rates are based on a policy with $20,000 in personal property limit, $100,000 in liability limit 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 Pueblo

The cost of renters insurance in Pueblo depends on several factors. 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 Pueblo, CO

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, such as furniture and electronics, against fire, theft or vandalism. For example, if a fire damages your apartment in Colorado, your policy can help replace your furniture and electronics.
  • Personal liability coverage: Covers legal and medical expenses if you're found responsible for injury or property damage to others. For instance, if a guest slips and falls in your Colorado rental, your insurance can cover their medical bill.
  • Loss of use coverage: Covers additional living expenses if your rental becomes uninhabitable due to a covered event. For example, if a flood forces you out of your apartment, loss of use coverage can pay for your hotel stay and meals.
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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 Pueblo

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

  • Natural disasters: Standard policies typically exclude damage from earthquakes or 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 Pueblo, CO

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

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

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.