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


Updated: September 10, 2024

Nationwide is the best renters insurance company in Santa Ana, California, with a MoneyGeek score of 95 and an average annual premium of $85. Capital Insurance Group is the cheapest renters insurance provider, with a MoneyGeek score of 89 and an average annual premium of $77. The best and cheapest quotes are based on $20,000 in personal property coverage.

The best homeowners insurance provider should offer a balance of customer service with affordability. Depending on your needs, other providers may be best. MoneyGeek also looked into the best and cheapest renters insurance in California for those who live elsewhere in the state.

MoneyGeek Logo IconBest & CheapestRentersSanta Ana, CA
2024

Table of Contents

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

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

768Quotes Analyzed
 
8Providers Analyzed
 
3ZIP Codes

Overall Best Renters Insurance in Santa Ana, CA

Nationwide is the best renters insurance provider in Santa Ana, California, with a MoneyGeek score of 95 out of 100 and an average annual premium of $85. These are the top two best renters insurance providers in Santa Ana for a policy with $20,000 in personal property coverage, $100,000 in personal liability and a $1,000 deductible:

  • Nationwide: MoneyGeek score of 95 out of 100 ($85 per year)
  • Travelers: MoneyGeek score of 87 out of 100 ($131 per year)

Nationwide perfectly balances customer satisfaction and affordability, with an affordability score of 53 out of 55 and a customer satisfaction score of 28 out of 30.

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

Overview

Nationwide ranks first in coverage in Santa Ana, California, with an average annual premium of $85. It offers credit card forgery and theft from vehicles coverages. Credit card forgery covers unauthorized transactions on your credit cards and bank debit/ATM cards, protecting you from financial loss. Theft from vehicles provides extended protection for your personal belongings stored in or on any motor vehicle, trailer or watercraft, ensuring your valuables are safe even when on the go.

Best Renters Insurance in Santa Ana, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
NationwideMoneyGeek Score95Annual Premium$ 85
TravelersMoneyGeek Score87Annual Premium$ 131
State FarmMoneyGeek Score85Annual Premium$ 125
AllstateMoneyGeek Score83Annual Premium$ 111
Capital Insurance GroupMoneyGeek Score82Annual Premium$ 77
FarmersMoneyGeek Score72Annual Premium$ 164
ChubbMoneyGeek Score61Annual Premium$ 260

Cheapest Renters Insurance in Santa Ana, CA

In Santa Ana, California, Capital Insurance Group offers the cheapest renters insurance, with an average annual premium of $77 for $20,000 in personal property coverage. The following providers are the top two cheapest in Santa Ana for $20,000 in personal property coverage and a $1,000 deductible, with MoneyGeek's rating having minimal consideration for customer service.

  • Capital Insurance Group: $77 per year
  • Nationwide: $85 per year

Personal property coverage helps protect your belongings, such as furniture, electronics and clothing, in case of theft or damage. Cheap renters insurance policies often come with lower personal property coverage limits. While these policies are more affordable, opting for higher coverage limits can increase your monthly costs but provide better protection if you have many personal belongings.

Cheapest Renters Insurance in Santa Ana, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
NationwideMoneyGeek Score95Annual Premium$ 85
Capital Insurance GroupMoneyGeek Score89Annual Premium$ 77
AllstateMoneyGeek Score85Annual Premium$ 111
State FarmMoneyGeek Score84Annual Premium$ 125
TravelersMoneyGeek Score84Annual Premium$ 131
FarmersMoneyGeek Score69Annual Premium$ 164
ChubbMoneyGeek Score49Annual Premium$ 260

Cheapest Renters Insurance With a High Deductible in Santa Ana, CA

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

  • Capital Insurance Group: $60 per year
  • Nationwide: $67 per year

A deductible is the amount you pay out of pocket before your insurance kicks in, and it 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 can afford the deductible if you need to file a claim. Renters should consider their financial situation and risk tolerance when choosing a deductible.

Cheapest High Deductible Renters Insurance in Santa Ana, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
Deductible:
Deductible:$ 2,000
Capital Insurance GroupMoneyGeek Score82Annual Premium$ 60
NationwideMoneyGeek Score95Annual Premium$ 67
TravelersMoneyGeek Score89Annual Premium$ 106
AllstateMoneyGeek Score80Annual Premium$ 111
State FarmMoneyGeek Score82Annual Premium$ 123
FarmersMoneyGeek Score69Annual Premium$ 161
ChubbMoneyGeek Score61Annual Premium$ 240
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HOW TO SET YOUR DEDUCTIBLE

When choosing a deductible, make sure it is 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, resulting in overall cost savings while providing adequate coverage.

Best Renters Insurance for Customer Service in Santa Ana, CA

In Santa Ana, California, Travelers is the best renters insurance company for service quality, with an average annual premium of $131. These are the top two best providers in Santa Ana, California, for a policy with $20,000 in personal property coverage for those who value excellent customer service without considering affordability.

  • Travelers: MoneyGeek score of 96 out of 100 ($131 per year)
  • Nationwide: MoneyGeek score of 95 out of 100 ($85 per year)

Excellent customer service is important for renters because it ensures a smooth insurance experience. For example, when you make a claim, excellent customer service means you'll get timely updates and clear communication, making the process less stressful. MoneyGeek scores renters insurance providers and their customer satisfaction based on J.D. Power surveys, which assess customer experiences and satisfaction levels.

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

Overview

In Santa Ana, California, Travelers ranks first in customer satisfaction and coverage, offering an average annual premium of $131. It provides contents replacement cost coverage, which ensures your personal property is replaced at its current value without depreciation. Its claims free discount rewards you with savings if you haven't filed a claim for a specified period. These coverages offer valuable protection and savings for renters.

Best Renters Insurance for Service Quality in Santa Ana, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
TravelersMoneyGeek Score96Annual Premium$ 131
NationwideMoneyGeek Score95Annual Premium$ 85
ChubbMoneyGeek Score93Annual Premium$ 260
State FarmMoneyGeek Score86Annual Premium$ 125
AllstateMoneyGeek Score77Annual Premium$ 111
FarmersMoneyGeek Score77Annual Premium$ 164
Capital Insurance GroupMoneyGeek Score61Annual Premium$ 77

Best Renters Insurance for High Personal Property Limits in Santa Ana, CA

Nationwide offers the best option for renters in Santa Ana, California, requiring substantial personal property coverage. It has an average annual premium of $244 for a policy covering $100,000 in personal property. These are the top two best providers in Santa Ana for $100K in personal property coverage:

  • Nationwide: MoneyGeek score of 96 out of 100 ($244 per year)
  • State Farm: MoneyGeek score of 94 out of 100 ($260 per year)

Renters with numerous possessions often need more comprehensive personal property coverage. This insurance protects items like furniture, electronics and clothing from damage or theft. Higher coverage levels usually mean higher premiums, but it's essential to choose a provider that offers a good balance of cost and service. Notably, high-value items such as jewelry or art may require additional coverage, as standard policies often have limits on such items.

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

Overview

Nationwide ranks first in affordability and customer satisfaction for expensive homes in Santa Ana, with an average annual premium of $244. It offers valuable coverages like credit card forgery and theft from vehicles. Credit card forgery coverage protects you against unauthorized transactions on your credit cards and bank debit/ATM cards, as well as forged checks and counterfeit money. Theft from vehicles coverage extends protection to your personal belongings stored in or on any motor vehicle, trailer or watercraft, ensuring your high-value items are safeguarded.

Best Renters Insurance for High Personal Property Limits in Santa Ana, CA
NationwideMoneyGeek Score96Annual Premium$ 244
State FarmMoneyGeek Score94Annual Premium$ 260
TravelersMoneyGeek Score92Annual Premium$ 335
AllstateMoneyGeek Score83Annual Premium$ 341
Capital Insurance GroupMoneyGeek Score82Annual Premium$ 237
FarmersMoneyGeek Score79Annual Premium$ 405
ChubbMoneyGeek Score61Annual Premium$ 795
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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 Santa Ana, CA

USAA is the top-ranked renters insurance company in Santa Ana, exclusively serving those with military backgrounds. These are the top two best providers for military members in Santa Ana for a policy with $20,000 in personal property coverage:

  • USAA: MoneyGeek score of 100 out of 100 ($117 per year)
  • Nationwide: MoneyGeek score of 95 out of 100 ($85 per year)

USAA offers a range of products tailored for those with a military background, providing discounts and coverages that suit the military lifestyle. Although other insurers may have lower premiums, USAA's specialized offerings make it a better overall choice for service members in most cases.

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

Overview

USAA is the premier renters insurance provider for those with a military background in Santa Ana, topping the charts in customer satisfaction and coverages. With an average annual premium of $117, USAA tailors its services exclusively to the unique needs of military families. Its contents replacement cost and worldwide personal property coverage offer substantial benefits. If your belongings are stolen or damaged, the replacement cost coverage ensures you can replace them with new items. The worldwide coverage protects your possessions even when you're deployed abroad, providing security for service members on the move.

Best Renters Insurance for Military in Santa Ana, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
USAAMoneyGeek Score100Annual Premium$ 117
NationwideMoneyGeek Score95Annual Premium$ 85
TravelersMoneyGeek Score87Annual Premium$ 131
State FarmMoneyGeek Score85Annual Premium$ 125
AllstateMoneyGeek Score83Annual Premium$ 111
Capital Insurance GroupMoneyGeek Score82Annual Premium$ 77
FarmersMoneyGeek Score72Annual Premium$ 164
ChubbMoneyGeek Score61Annual Premium$ 260

Average Cost of Renters Insurance in Santa Ana, CA

The average cost of renters insurance in Santa Ana, California, is $136 annually or $11 monthly. This rate is $12 cheaper than the California state average of $148 annually and $9 cheaper than the national average of $145 annually. These rates are based on a renters insurance policy with $20,000 in personal property limits, $100,000 in liability limits and a $1,000 deductible.

Renters should remember that the average cost of renters insurance in Santa Ana may vary greatly depending on the amount of personal property coverage you purchase. Personal property coverage protects your belongings in case of damage or theft. Use the calculator below to see how much coverage you need 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 Santa Ana

The cost of renters insurance in Santa Ana, 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 case 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 Santa Ana, CA

Renters insurance provides coverage for personal property, liability and additional living expenses. It protects against theft, fire and certain natural disasters. Purchasing renters insurance is important for financial protection. Renters can avoid significant out-of-pocket expenses in case of unexpected events. Below is a detailed list of what renters insurance typically covers:

  • Personal Property Coverage: Protects your belongings from theft or damage. For example, if your laptop is stolen from your apartment in California, this coverage would help replace it.
  • Personal Liability Coverage: Covers legal expenses if someone is injured in your rental property. For instance, if a guest slips and falls in your California apartment and sues, this coverage can help with legal fees.
  • Loss of Use Coverage: Provides funds for temporary housing if your rental becomes uninhabitable. For example, if a fire damages your California apartment, loss of use coverage would cover the cost of a hotel stay.
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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 Santa Ana

Renters insurance in Santa Ana does not cover everything, such as high-value items beyond a certain limit and damages from natural disasters. Below is a list of what renters insurance typically does not cover:

  • Natural Disasters: Earthquakes and floods usually require separate policies.
  • High-Value Items: Jewelry, electronics and other expensive items may need additional coverage.

FAQ: Renters Insurance in Santa Ana, CA

The best renters insurance provider in Santa Ana, California, depends on your unique needs. We answered the frequently asked questions to help you make an informed decision.

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