The best and cheapest renters insurance company in Scottsdale, Arizona is Auto-Owners, with a MoneyGeek score of 88 and an annual premium of $114. Depending on your needs, other providers may be best, such as Travelers for service quality with an annual premium of $257.
MoneyGeek also looked into the best and cheapest renters insurance in Arizona for those who live elsewhere in the state.
Best and Cheapest Renters Insurance in Scottsdale, AZ (2024)
Auto-Owners is the top and cheapest renters insurance in Scottsdale, Arizona, with a MoneyGeek score of 94 and an annual premium of $114. It delivers value balancing cost and customer satisfaction.
Updated: December 4, 2024
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Key Takeaways
The best overall renters insurance in Scottsdale, Arizona, is provided by Auto-Owners, which has achieved a MoneyGeek score of 88 out of 100 and offers an exceptionally affordable annual premium of $114. This provider effectively balances cost with affordability, ensuring customer satisfaction and comprehensive coverage, making it a top choice for renters seeking value and protection.
For renters in Scottsdale, Arizona, seeking the most affordable insurance, Auto-Owners stands out with an annual premium of $114 and a notable MoneyGeek score of 88. This provider offers a balanced approach to customer satisfaction and affordability, making it a top choice. For those prioritizing cost while accepting a slightly higher premium, Allstate is an alternative at $119 annually. However, if service quality is a priority, consider Travelers, despite its higher annual premium of $257. Renters should assess their financial needs and risk tolerance when selecting a policy and deductible to ensure adequate coverage.
In Scottsdale, Arizona, renters seeking the best insurance for customer service have two standout options: Travelers and Nationwide. Travelers leads with a MoneyGeek score of 85 out of 100 and an annual premium of $257, demonstrating a strong reputation for customer service quality. Nationwide follows closely with a MoneyGeek score of 84 out of 100 and a lower annual premium of $151. Both companies offer policies with $20,000 in personal property coverage, catering to those who prioritize excellent service over cost. Opting for policies with strong customer support is crucial for a smooth claims process and peace of mind, ensuring renters are well-supported in times of need.
Why Trust MoneyGeek? MoneyGeek's analysis of renters insurance in Scottsdale, Arizona, is based on comprehensive data from the Arizona Department of Insurance and Quadrant Information Services, ensuring you get reliable recommendations.
Renters insurance premiums in Scottsdale represent the most competitive estimates as of September 2024.
Overall Best Renters Insurance in Scottsdale, AZ
The best renters insurance in Scottsdale, Arizona, is Auto-Owners, with a MoneyGeek score of 88 out of 100 and an annual premium of $114. The following providers are the top two best renters insurance providers in Scottsdale for a policy with $20,000 in personal property coverage, $100,000 in personal liability, and a $1,000 deductible.
- Auto-Owners: MoneyGeek score of 88 out of 100 ($114 per year)
- American Family: MoneyGeek score of 87 out of 100 ($152 per year)
The best provider in the state balances both cost and affordability. Auto-Owners Insurance has perfectly balanced customer satisfaction and affordability with an affordability score of 55 out of 55.
Auto-Owners Insurance ranks first in affordability in Scottsdale, with an annual premium of $114.
They offer reasonably common coverage for Contents Replacement Cost, which covers repair or replacement of your personal property without a deduction for depreciation. Additionally, their reasonably rare Refrigerated Products coverage under Renters Plus protects against spoiled refrigerated food.
- Offers contents replacement cost and back-up of sewer or drain coverage.
- Ranks 1st in affordability in Scottsdale with an average annual premium of $114.
- Ranks 2nd in Scottsdale for coverage compared to other insurers.
- Offers contents replacement cost and back-up of sewer or drain coverage.
- Ranks 6th in Scottsdale for customer satisfaction compared to other insurers.
- Ranks 6th in Scottsdale for customer satisfaction compared to other insurers.
To find the best overall renters insurance in a city, MoneyGeek's scoring system focuses on customer service and affordability. Secondary factors include coverages and financial stability.
- $100K Personal Property
- $20K Personal Property
- $50K Personal Property
Auto-Owners Insurance | 88 | $ 114 |
American Family | 87 | $ 152 |
Nationwide | 87 | $ 151 |
Allstate | 83 | $ 119 |
State Farm | 80 | $ 192 |
Travelers | 74 | $ 257 |
Farmers | 49 | $ 384 |
Cheapest Renters Insurance in Scottsdale, AZ
Auto-Owners offers the cheapest renters insurance in Scottsdale, Arizona, at $114 per year for $20,000 in personal property coverage. The following providers are the top two cheapest providers in Scottsdale for $20,000 in personal property coverage and a $1,000 deductible, rated with minimal consideration for customer service by MoneyGeek:
- Auto-Owners: $114 per year
- Allstate: $119 per year
Cheap renters insurance policies often have low personal property coverage limits. Higher personal property coverage limits can lead to higher monthly costs but offer better protection if you have many personal belongings. Personal property coverage protects your belongings such as furniture, electronics, and clothing from damages or theft.
- $100K Personal Property
- $20K Personal Property
- $50K Personal Property
Auto-Owners Insurance | 94 | $ 114 |
Allstate | 90 | $ 119 |
Nationwide | 88 | $ 151 |
American Family | 87 | $ 152 |
State Farm | 81 | $ 192 |
Travelers | 70 | $ 257 |
Farmers | 41 | $ 384 |
Cheapest Renters Insurance With a High Deductible Scottsdale, AZ
In Scottsdale, Arizona, Auto-Owners offers the cheapest renters insurance for a policy with $20,000 in personal property coverage and a $2,000 deductible, with an annual premium of $112. The following providers are the top two cheapest providers in Scottsdale for $20,000 in personal property coverage and a $2,000 deductible:
- Auto-Owners: $112 per year
- Allstate: $119 per year
A higher deductible often leads to cheaper premiums, while a lower deductible means higher premiums. It’s important to balance both to ensure you’re adequately covered if you need to file a claim. Renters should consider their financial situation and risk tolerance when choosing a deductible.
- $100K Personal Property
- $20K Personal Property
- $50K Personal Property
- $ 500
- $ 1,000
- $ 1,500
- $ 2,000
Auto-Owners Insurance | 88 | $ 112 |
Allstate | 83 | $ 119 |
Nationwide | 89 | $ 128 |
American Family | 88 | $ 142 |
State Farm | 80 | $ 184 |
Travelers | 77 | $ 219 |
Farmers | 49 | $ 355 |
Ensure that your deductible is an amount you can comfortably pay out-of-pocket if you need to make a claim. Opting for a higher deductible can lower your annual premium, resulting in potential cost savings while still maintaining adequate coverage.
Best Renters Insurance for Customer Service in Scottsdale, AZ
In Scottsdale, Arizona, Travelers is the best renters insurance company for service quality, with an annual premium of $257. The following providers are the top two best providers in Scottsdale, Arizona, for a policy with $20,000 in personal property coverage, for those who value great customer service without considering affordability.
- Travelers: MoneyGeek score of 85 out of 100 ($257 per year)
- Nationwide: MoneyGeek score of 84 out of 100 ($151 per year)
Great customer service is important for renters looking for insurance because it ensures a smooth and stress-free experience when making claims. For example, when you file a claim, a provider with excellent customer service will handle your case efficiently and keep you informed throughout the process.
In Scottsdale, Arizona, Travelers ranks first in customer satisfaction, coverages, and financial stability. With an annual premium of $257, it is the cheapest provider in the area. It offers contents replacement cost, which covers personal property losses based on replacement cost without depreciation.
Scheduled personal property provides additional protection for high-value items like jewelry and electronics, without requiring appraisals. These coverages can help renters replace lost or damaged items more easily.
- Offers contents replacement cost and scheduled personal property coverages
- Provides claims free and bundle discounts
- Ranks first in the city for coverage
To find the best renters insurance for service quality in the city, MoneyGeek's scoring system focuses on customer service. Secondary factors considered are coverages and financial stability.
- $100K Personal Property
- $20K Personal Property
- $50K Personal Property
Travelers | 85 | $ 257 |
Nationwide | 84 | $ 151 |
American Family | 83 | $ 152 |
State Farm | 77 | $ 192 |
Auto-Owners Insurance | 72 | $ 114 |
Farmers | 68 | $ 384 |
Allstate | 63 | $ 119 |
Best Renters Insurance for High Personal Property Limits in Scottsdale, AZ
American Family offers the best renters insurance for those in Scottsdale, Arizona needing high personal property coverage, with an annual premium of $222 for $100,000 coverage. High personal property coverage means a higher limit to protect your belongings. For $100K in personal property coverage, the top two providers in Scottsdale are:
- American Family: MoneyGeek score of 92 out of 100 ($222 per year)
- Nationwide: MoneyGeek score of 89 out of 100 ($302 per year)
Renters with numerous possessions often require higher personal property coverage, which is designed to cover the cost of your belongings in case they're lost or damaged. As coverage increases, so does the cost. High-value items like jewelry or art might not be fully covered under standard policies and may necessitate additional coverage.
American Family ranks first in affordability and customer satisfaction for expensive homes in Scottsdale, with an annual premium of $222. American Family offers equipment breakdown coverage, which protects your gadgets and smart home devices from sudden mechanical issues.
Additionally, its back-up of sewer or drain coverage helps mitigate repair costs from water back-ups, providing peace of mind for renters with expensive homes.
- Offers equipment breakdown and business property coverages
- Provides loyalty and legacy discounts
- Ranks first in the city for customer satisfaction
- Ranks third in the city for coverage options
To find the best renters insurance for those needing higher personal property limits, MoneyGeek's scoring system prioritizes customer satisfaction and affordability. Secondary factors include coverages and financial stability.
American Family | 92 | $ 222 |
Nationwide | 89 | $ 302 |
Auto-Owners Insurance | 85 | $ 321 |
State Farm | 84 | $ 445 |
Travelers | 81 | $ 618 |
Allstate | 80 | $ 354 |
Farmers | 49 | $ 1,400 |
If you own high-value items like jewelry or art, you may need additional coverage as these are often not included in standard policies. Choose a provider that offers scheduled personal property coverage to ensure your valuables are protected.
Best Renters Insurance for Military Families in Scottsdale, AZ
USAA is the top-ranked renters insurance company in Scottsdale, exclusively serving those with military backgrounds. The following providers are the top two best providers in Scottsdale for veterans for a policy with $20,000 in personal property coverage.
- USAA: MoneyGeek score of 100 out of 100 ($113 per year)
- Auto-Owners Insurance: MoneyGeek score of 88 out of 100 ($114 per year)
USAA offers a range of products tailored for those with a military background, providing discounts and coverages that suit the military lifestyle. It is also the cheapest provider in Scottsdale for military members, making it a valuable option to consider.
USAA stands out as the premier renters insurance provider for those with a military background in Scottsdale, leading in customer satisfaction and offering the best coverages. With an annual premium of $113, it's a top choice for affordability as well.
USAA offers coverages like contents replacement cost, which ensures that military renters can replace stolen or damaged items with new ones, providing peace of mind. Additionally, the reasonably rare worldwide personal property coverage is invaluable for those deployed abroad, safeguarding their belongings wherever they are stationed.
- Exclusively for military backgrounds
- Offers contents replacement cost and worldwide personal property coverage
- Provides bundle and military base or academy residence discounts
- Ranks first in the city for customer satisfaction and coverage options
MoneyGeek's scoring for veterans' renters insurance prioritizes customer service and affordability. Secondary considerations include coverages and financial stability.
- $100K Personal Property
- $20K Personal Property
- $50K Personal Property
USAA | 100 | $ 113 |
Auto-Owners Insurance | 88 | $ 114 |
American Family | 87 | $ 152 |
Nationwide | 87 | $ 151 |
Allstate | 83 | $ 119 |
State Farm | 80 | $ 192 |
Travelers | 74 | $ 257 |
Farmers | 49 | $ 384 |
Best Renters Insurance for Low Credit Scores in Scottsdale, AZ
The best renters insurance company for those with poor credit in Scottsdale is Nationwide, with an annual premium of $239 for a policy with $20,000 in personal property coverage. The following providers are the top two best providers in Scottsdale for those with poor credit for the same type of policy:
- Nationwide: MoneyGeek score of 91 out of 100 ($239 per year)
- American Family: MoneyGeek score of 91 out of 100 ($267 per year)
Rates in Scottsdale for those with poor credit are typically higher because these individuals are considered higher-risk by providers. Renters with poor credit can work on improving their credit scores to lower their rates and should look for discounts that may help reduce their premiums.
Nationwide ranks first in affordability for renters insurance in Scottsdale, Arizona. It also leads in coverage options, making it a top choice for those with poor credit.
Nationwide offers uncommon discounts like credit card forgery and theft from vehicles. The credit card forgery discount covers unauthorized transactions on your credit cards and bank debit/ATM cards, providing peace of mind. The theft from vehicles discount extends protection to personal belongings stored in or on any motor vehicle, trailer, or watercraft, ensuring comprehensive coverage.
- Offers claims free and bundle discounts
- Nationwide ranks second in affordability
- Nationwide ranks first in coverage in the city
- Ranks fourth for customer satisfaction in the city
To find the best renters insurance for those with poor credit, MoneyGeek's scoring system prioritizes customer satisfaction and affordability. Secondary factors include coverages and financial stability.
- Below Fair
- Excellent
- Fair
- Good
- Poor
- $100K Personal Property
- $20K Personal Property
- $50K Personal Property
Nationwide | 91 | $ 239 |
American Family | 91 | $ 267 |
State Farm | 89 | $ 398 |
Travelers | 87 | $ 787 |
Allstate | 84 | $ 183 |
Farmers | 79 | $ 850 |
Auto-Owners Insurance | 51 | $ 3,802 |
Average Cost of Renters Insurance in Scottsdale, AZ
The average cost of renters insurance in Scottsdale, Arizona is $195 annually, which is about $16 monthly. This matches the state average but is higher than the national average of $145. 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 Scottsdale 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 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.
clothing & accessories
Clothes, shoes, bags, belts, hats, gloves, etc.
Based on your inputs, MoneyGeek recommends getting a policy with in personal property coverage to avoid paying out of pocket after a disaster or theft.
Factors That Impact Renters Insurance Costs in Scottsdale
Various factors can influence the cost of renters insurance in Scottsdale, Arizona. For instance, your location and the amount of coverage you choose can significantly affect your premiums. Understanding these factors is crucial when selecting a policy, as it helps you make informed decisions and find the best coverage for your needs. Below are some key factors that impact renters insurance costs:
- Location: Areas with higher crime rates or natural disaster risks typically have higher insurance premiums. Insurers charge more to cover the increased risk of theft or damage.
- Coverage Amount: Higher coverage limits generally result in higher premiums. More coverage means the insurer is taking on more risk.
- Deductible: A higher deductible can lower your monthly premiums. However, this means you'll pay more out-of-pocket in the event of a claim.
- Credit Score: Insurers may use your credit score to determine your premium. A higher credit score often results in lower insurance costs.
- Claims History: A history of frequent claims can lead to higher premiums. Insurers view frequent claims as a higher risk, which they compensate for with higher costs.
What Renters Insurance Covers in Scottsdale, AZ
Renters insurance covers personal property, liability, and additional living expenses. It protects against theft, fire, and certain natural disasters. Purchasing renters insurance is important for financial protection and peace of mind. It ensures you are covered in case of unexpected events, safeguarding your belongings and your finances. Let's break down what renters insurance covers:
- Personal Property Coverage: This covers your belongings in case of theft, fire, or other perils. For example, if your apartment in Arizona is burglarized, your renters insurance can help replace stolen items.
- Personal Liability Coverage: This protects you if someone is injured in your rental or if you accidentally damage someone else's property. For instance, if a guest slips and falls in your Arizona apartment, this coverage can help with medical expenses and legal fees.
- Loss Of Use Coverage: This helps with additional living expenses if your rental becomes uninhabitable due to a covered event. If a fire makes your Arizona apartment unlivable, loss of use coverage can pay for hotel stays and other extra costs.
Renters insurance only covers specific circumstances, such as theft and fire. Understanding what is covered is important to avoid unexpected costs. Below are some situations typically covered by renters insurance:
- Fire
- Theft
- Vandalism
- Storms
- Water damage
- Liability
- Loss of use
What Renters Insurance Does Not Cover in Scottsdale
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: While personal property stolen from your car may be covered, the theft of the car itself is not.
FAQ: Renters Insurance in Scottsdale, AZ
The best renters insurance provider for you in Scottsdale ultimately depends on your needs and circumstances.
Below, we address some frequently asked questions to help you make an informed decision.
How much is renters insurance in Scottsdale, Arizona, on average?
The average cost of renters insurance in Scottsdale, Arizona, is $195 annually.
What is the cheapest renters insurance company in Scottsdale, Arizona?
The cheapest renters insurance company in Scottsdale is Auto-Owners with an annual premium of $114.
What is the best renters insurance company in Scottsdale, Arizona?
The best renters insurance company in Scottsdale for veterans is USAA, with the highest MoneyGeek score of 100. For non-veterans, Auto-Owners and Travelers are top choices for affordability and service quality, respectively.
Do I need renters insurance in Scottsdale, Arizona?
While renters insurance is not legally required in Scottsdale, Arizona, it is highly recommended to protect your personal property and provide liability coverage.
About Mark Fitzpatrick
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.