Compare Renters Insurance Quotes and Companies in 2026

We analyzed major renters insurance companies to find which ones offer the best value for different types of renters. Our ratings weigh affordability, customer satisfaction, claims handling and coverage options, because the cheapest policy isn't always the right one.

The right company depends on what matters most to you. A renter focused on price has different priorities than someone with high-value electronics or a dog that affects their liability. Each comparison below shows you what we found on rates, strengths and coverage.

Use our renters insurance calculator to compare quotes from multiple companies. You'll see how much rates vary for your specific situation. Two renters with the same apartment can pay $300 or more different annually depending on which company they choose.

MoneyGeek's calculator gives you a customized estimate based on your information. It's free, takes just a few minutes and we won't spam you with offers.

Renters insurance covers three core things: your personal belongings, your liability if someone is injured in your rental and your temporary living costs if your unit becomes uninhabitable. Your landlord's policy covers the building, not your furniture, electronics or clothing inside it.

Standard policies don't cover flood or earthquake damage. Those require separate coverage.

Most renters benefit from coverage, but the reasons vary. Your landlord's policy covers the physical structure, the walls, the roof and the wiring, not anything inside your unit.

Renters insurance rates vary sharply by state. Crime rates, weather risk and local regulations all influence pricing. In our analysis, Wyoming renters pay an average of $46 a month for $250K in personal property coverage. The most affordable state in our dataset, ranked #1 for affordability. Michigan renters pay $116 a month for the same coverage, the highest in our data and more than double Wyoming's rate. Where you live can matter as much as which carrier you choose.

Compare quotes in your state to find which companies offer the lowest rates where you live.

Rates within a state vary by city based on local crime rates, population density and weather exposure. A renter in Miami pays significantly more than a renter in Tampa, even though both are in Florida.

We've analyzed renters insurance rates and company options for major cities across the country. Find your city for a localized comparison of the best rates and carriers in your market.

The carrier you choose matters as much as the coverage amount you pick. We found that State Farm and Auto-Owners charge around $108–$110 annually for $20,000 in personal property coverage with $100,000 in liability, while Travelers charges $280 for the exact same policy. That's a $172 difference for identical financial protection.

The table below shows what major carriers charge at standard coverage tiers. Filter by the amount closest to your personal property value.

What this means for you: Two renters in the same apartment with identical coverage can pay nearly three times as much depending on carrier. Comparing quotes before you buy , not after , is the only way to avoid overpaying.

When you compare renters insurance quotes, price is a starting point, not the full picture. A carrier with a low monthly rate can still fall short if it takes weeks to process a claim after a break-in or fire. We reviewed leading carriers across affordability, financial strength, claims speed and coverage options.

For full reviews covering pricing, coverage details and customer experience, see our individual carrier guides below.

When you compare renters insurance quotes, focus on three main things: how much coverage you need, what deductible works for your budget and your specific rental situation. These factors change your price from company to company and determine how well you're protected if something happens to your belongings or someone gets hurt in your rental.

Comparing renters insurance takes about 30 minutes. Here's how we recommend approaching it.

Use our renters insurance calculator to see how rates differ across companies for your specific rental, coverage needs and location. Two renters with identical apartments can pay $300 more or less annually depending on the carrier.

We consistently find that renters insurance is one of the most cost-effective financial decisions a renter can make. Policies average $15–$30 a month, and a single theft, fire, or liability claim can cost tens of thousands of dollars without coverage. The carriers we rate highest for overall value are State Farm and Auto-Owners for affordability, Amica for customer experience and Lemonade for renters who want fast, app-based claims handling.

The most important step isn't picking the right company. It's comparing the right coverage level. Most renters buy too little personal property coverage because they underestimate replacement costs. Get at least three quotes at your actual replacement value, and you'll find a policy that fits your budget and actually covers what matters.

MoneyGeek's carrier rankings and recommendations are entirely independent of our business relationships. We don't accept payment to rank any insurer higher than our methodology supports, and no carrier can influence our scores or recommendations. Read our full editorial policy.

Methodology Disclaimer: MoneyGeek rate data reflects filed insurance rates and does not constitute a binding quote. Your actual rate depends on your specific profile, location and the carrier's underwriting decisions at the time of application. Get quotes directly from carriers before making a coverage decision. Insurance regulations vary by state. Verify coverage requirements with your state's insurance department.