State Farm is Washington's best cheap renters insurance company. American Family has the highest customer reputation score, while Nationwide provides the best coverage options.
Cheap Renters Insurance in Washington
Updated: May 6, 2025
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Key Takeaways
State Farm is Washington's best overall and cheapest renters insurance company, with annual rates starting at $138.
Washington renters insurance costs about $17 monthly, ranging from $12 to $22.
To find affordable renters insurance, determine your needs first, research costs and compare multiple quotes.
Washington Renters Insurance Quote Estimates
MoneyGeek's renters insurance calculator will give you a customized estimate of your renters insurance costs.
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Rates updated:
May 09, 2025
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Best Cheap Renters Insurance Companies in Washington
| State Farm | 93 | $12 | $138 |
| Allstate | 80 | $16 | $194 |
| Nationwide | 76 | $21 | $254 |
| American Family | 71 | $22 | $263 |
| CIG | 71 | $17 | $204 |
*Rates based on good credit, no claims history, $50K property damage, $100K liability coverage, $1,000 deductible and guaranteed replacement.
Compare Personalized Best Cheap Renters Insurance in Washington
Our list covers most renters, but your ideal options may differ. Use this filterable table to find the best option for your profile in Washington.
Data filtered by:Results filtered by:
Select
Coverage Level:$50K Personal Property / $100K Liability
Select
Deductible:1000
Select
Claims History:Claim free for 5+ years
Select
Contents Replacement:Yes
Select
Credit Tier:Good
| State Farm | 93 | $10 | $120 |
| Nationwide | 78 | $16 | $191 |
| Allstate | 72 | $16 | $191 |
| CIG | 71 | $14 | $166 |
| American Family | 62 | $20 | $244 |
Best Washington Renters Insurance Review
The section below details our top pick for affordability, customer service and coverage options for Washington renters insurance.
State Farm: Best Cheap Overall
pros
Lowest average rates
Good customer service ratings
Fully customizable coverage
cons
Lower-than-average claims satisfaction
Standard add-on coverages
COMPANY HIGHLIGHTS
Ranking fourth nationwide for customer satisfaction and offering rates 46% below the Washington average, State Farm provides the best-value renters insurance in the state. A standout feature is its fully customizable personal property coverage starting at $1,000 with no preset limit, unlike most providers that limit customers to predetermined options.
Average Cost of Renters Insurance in Washington
The average cost of renters insurance in Washington is $207 per year, $35 less than the national average of $242. These rates reflect a policy with $50K personal property coverage, $100K liability limits and a $1,000 deductible, though your rates may vary based on your profile.
Use the table below to filter factors affecting renters insurance rates and find average rates for your profile.
Data filtered by:Results filtered by:
Select
Coverage Level:$50K Personal Property / $100K Liability
Select
Deductible:1000
Select
Claims History:Claim free for 5+ years
Select
Credit Tier:Good
Select
Contents Replacement:Covered
| $50K Personal Property / $100K Liability | $17 | $207 |
Average Washington Renters Insurance Cost by City
Renters insurance costs vary by city. The average annual premium in Bellevue is $173; in Tacoma, it's $179 for a policy with $50K personal property coverage and $100K liability coverage. Check the table for the average cost in your city.
| Bellevue | $173 |
| Everett | $174 |
| Kent | $175 |
| Renton | $175 |
| Seattle | $169 |
| Spokane | $173 |
| Tacoma | $179 |
| Vancouver | $177 |
*Rates based on good credit, no claims history, $50K property damage, $100K liability coverage, $1,000 deductible and guaranteed replacement.
Washington Renters Insurance: Buyer's Guide
Finding the best and cheapest renters insurance in Washington can be challenging. This guide helps you choose coverage that fits your needs.
How to Find the Best Cheap Renters Insurance in Washington
Follow these steps to get the best coverage at the lowest price:
- 1
Determine the right coverage level
Know how much coverage you need before shopping. List what you want insured and its value. Think about risks like weather damage, crime and pets that might bite.
- 2
Research costs and discounts
Once you know your coverage needs, check average costs for people like you. Look for discounts when comparing companies to save money.
- 3
Compare providers
Before getting quotes, check companies' reputations, costs and coverage options. This will help you focus on the most promising options.
- 4
Consider bundling
Ask about combining renters and auto insurance with your current car insurer. The savings from bundling often cover most or all of your renters insurance cost.
- 5
Compare multiple quotes
Collect at least five quotes with matching coverage. Use comparison websites, company sites, brokers and phone calls, as prices vary by method.
- 6
Compare rates annually
Insurance prices change often. Check rates each year to ensure you still get a good deal.
How Much Renters Insurance Do I Need in Washington?
Washington law doesn't require renters insurance, but most landlords will likely require at least $100K in liability coverage. Requirements may vary based on your rental history, credit and pets. Consider how much property you want covered, weather risks, local crime rates and pet ownership.
Use our calculator below to determine your ideal personal property limits so you know how much renters insurance you need.
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.
Washington Renter Risk Considerations
Here are risks specific to Washington renters and additional coverage considerations:
- Weather risks: Washington has a high risk of earthquakes, wildfires, volcanic eruptions, tsunamis and landslides in certain areas. Standard coverage may not include protection for these threats, requiring a separate purchase.
- Crime risks: Washington ranks second for property crime and 29th for identity theft and fraud nationwide. Consider add-ons and supplemental property damage coverage.
- Pet ownership: Depending on your pet, consider pet liability coverage. Check how pet coverage works with different providers and whether it's included in standard policies.
- Property types: If you have special tools, valuables, electronics or other structures like a pool that need coverage, standard policies may not suffice. Look for companies with specific add-ons for additional protection.
How Does Renters Insurance Coverage Work?
Renters insurance typically covers property damage, liability and loss of use related to your rental. Add-on coverages can make protection more comprehensive. Common coverage types include:
Coverage Type | Standard or Add-on | Coverage Details |
|---|---|---|
Standard | Reimburses and replaces personal property within your rental up to specified limits. Standard coverage reimburses actual cash value rather than purchase price, unless you have replacement cost coverage. | |
Standard | Covers you if someone gets injured on your property, including medical and legal costs, and is often required by landlords. | |
Additional living expenses | Standard | Covers expenses due to rental home loss, such as meals, lodging and transportation. Coverage is either a percentage of your personal property limits or a flat amount. |
Natural disasters | Add-on | Separate policies for earthquake and flood coverage available with select providers |
Parts/Equipment | Add-on | Separate policies for tools, appliances and utilities in your rental |
Scheduled property | Add-on | Insures specific valuable items up to certain amounts |
Identity theft | Add-on | Protects financially against identity theft, covering stolen funds and legal costs. May include monitoring services. |
Pet liability | Add-on | Protects against injuries caused by your pet on rental property. May be covered in standard policies. |
Modifications | Add-on | Covers non-original rental property parts, including custom additions and modifications |
Food loss | Add-on | Reimburses food lost due to covered incidents |
Best Renters Insurance in Washington: Bottom Line
Washington's best and cheapest overall renters insurance companies are State Farm, American Family and Nationwide. While we recommend these options, you should research and compare multiple companies and quotes to get the best deal.
Renters Insurance in Washington: FAQ
Here are answers from our experts to common questions:
What is the cheapest renters insurance company in Washington?
State Farm offers the cheapest renters insurance in Washington, with an average annual premium of $138 or $12 per month.
What is the best renters insurance company in Washington?
State Farm is Washington's best renters insurance company, earning a MoneyGeek score of 93 out of 100 for balancing affordability, customer satisfaction and comprehensive coverage options.
How much does renters insurance cost in Washington?
The average cost of renters insurance in Washington is $207 per year or $17 per month, 14% lower than the national average. Annual premiums range from $138 to $263.
Is renters insurance required in Washington?
Washington doesn't legally mandate renters insurance, but your landlord may require it. Evaluate your needs and circumstances to determine whether buying a policy is right for you. Reasons to get renters insurance include financial protection against common perils and liability costs of third-party injuries.
How We Found the Best Cheap Renters Insurance Companies
To determine the cheapest renters insurance in Washington, we used this base profile:
- $50K personal property coverage
- $100K liability coverage
- $1,000 deductible
- Property replacement coverage
- Good credit score
This determined our affordability score (60% of the total score). Other factors included company size and add-on coverage selections (10%), customer satisfaction score from industry research (25%) and financial strength ratings (5%).
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- American Red Cross. "Which Natural Disasters Should You Prepare For?." Accessed May 6, 2025.
- Insurance Information Institute. "Facts + Statistics: Identity Theft and Cybercrime." Accessed May 6, 2025.
- U.S. News. "Property Crime Rate." Accessed May 6, 2025.