Best Renters Insurance in Texas (2026)

Lemonade, State Farm and Allstate are the top-rated renters insurance companies in Texas based on their affordability, coverage and customer experience scores.

Find out if you're overpaying for renters insurance below.

Written by Mark Fitzpatrick

Updated: March 8, 2026

Advertising & Editorial Disclosure

Key Takeaways: Texas Renters Insurance

Lemonade is the best overall renters insurance company in Texas, earning a 4.9 out of 5 MoneyGeek score.

At $122 annually, Lemonade offers the most affordable renters insurance premiums in the state.

Get quotes from several insurers to find the most competitive rates for your coverage needs.

5 Best Renters Insurance Companies in Texas

Lemonade tops Texas' renters insurance market, scoring 4.9 out of 5 and ranking first in affordability. State Farm comes in second with an overall score of 4.7, excelling in multiple categories. Allstate, Chubb and Nationwide complete the top five.


Lemonade	4.86	1	6	2
State Farm	4.71	4	2	4
Allstate	4.69	2	4	8
Chubb	4.59	8	1	5
Nationwide	4.27	9	5	7

*Our ratings consider different combinations of coverage levels and renter details to identify the best overall options. Rankings may differ based on your profile.

Lemonade

Top Choice for Texas Renters

MoneyGeek Rating

4.9/ 5

5/5Affordability

4.7/5Customer Experience

4.9/5Coverage

Average Annual Premium
$122
Average Monthly Premium
$10
J.D. Power Renters Insurance Customer Satisfaction Score
661/1,000

pros
- Ranked #1 overall insurer in Texas
- Lowest monthly rates at $10.17, nearly 30% below average
- Strong coverage options with high protection levels
cons
- Digital-only model lacks traditional agent support
- AI claims process may complicate complex situations
- Limited physical locations for in-person service
Scoring 4.9 out of 5, Lemonade earns our top recommendation for renters in Texas. The company leads in affordability, charging rates under the state average. Lemonade's fully digital claims process uses AI to expedite approvals, ensuring fast and efficient service.

Compare the Cheapest Renters Insurance Companies in Texas

At $122 annually, Lemonade has Texas' cheapest renters insurance for $20,000 in personal property coverage, $50 below the state average of $172. Allstate comes in second at $130 per year, while USAA costs $141 and is available statewide. All eight cheapest insurers charge below the state average, with rates from $122 to $192 per year.

Cheapest Renters Insurance in Texas Chart

Average Cost of Renters Insurance in Texas

Texas renters pay $172 annually on average, $24 below the national average cost of renters insurance of $196. This reflects coverage with $20,000 in personal property protection, $100,000 in liability limits and a $500 deductible.

Your premium varies by coverage limits, deductible choice and where you live in Texas.


TX	$172	$-24

Renters insurance costs vary by up to $121 across cities in Texas. Port Aransas charges the highest rates at $260 annually, $68 above the state average. Round Rock offers the most affordable coverage at $139 per year, $53 less than the state average of $192.


Abilene	$147	$-25
Allen	$147	$-25
Alto	$172	$-0
Amarillo	$149	$-22
Argyle	$146	$-26
Arlington	$170	$-2
Aubrey	$146	$-26
Austin	$146	$-26
Beaumont	$198	$26
Brownsville	$192	$20
Burleson	$150	$-22
Carrollton	$164	$-8
College Station	$145	$-27
Corpus Christi	$231	$59
Dallas	$169	$-3
El Paso	$154	$-18
Fort Worth	$170	$-2
Friendswood	$214	$42
Frisco	$147	$-25
Garland	$174	$3
Grand Prairie	$171	$-0
Hidalgo	$195	$24
Houston	$211	$40
Irving	$178	$7
Jbsa Ft Sam Houston	$183	$12
Killeen	$147	$-25
Laredo	$151	$-20
Lewisville	$149	$-22
Lubbock	$167	$-5
McDade	$143	$-29
Mcallen	$194	$23
Mckinney	$146	$-26
Mesquite	$172	$-0
Midland	$154	$-17
Odessa	$154	$-17
Pasadena	$217	$45
Pearland	$194	$23
Plano	$146	$-26
Port Aransas	$260	$89
Richardson	$170	$-2
Round Rock	$139	$-32
San Angelo	$154	$-17
San Antonio	$174	$2
San Benito	$190	$19
Spring	$200	$29
Sugar Land	$200	$28
Tomball	$200	$29
Tyler	$167	$-5
Waco	$152	$-20
Webster	$219	$47
Wichita Falls	$161	$-10

Higher coverage limits increase your renters insurance premium in Texas. Basic coverage with $20,000 in personal property and $100,000 in liability costs $172 per year, while boosting personal property coverage to $50,000 runs $318 annually. Comprehensive policies with $250,000 in personal property and $300,000 in liability cost $1,081 per year.


$20K Personal Property / $100K Liability	$14	$172
$50K Personal Property / $100K Liability	$27	$318
$100K Personal Property / $100K Liability	$46	$557
$250K Personal Property / $300K Liability	$90	$1,081

Your credit score affects renters insurance rates in Texas. Renters with excellent credit pay just $139 annually, while good credit costs $172 per year. Poor credit increases premiums to $380 annually, more than 2.7 times the excellent credit rate.
Excellent $12 $139
Good $14 $172
Fair $17 $209
Below Fair $22 $269
Poor $32 $380


Excellent	$12	$139
Good	$14	$172
Fair	$17	$209
Below Fair	$22	$269
Poor	$32	$380

Do You Need Renters Insurance in Texas?

Many landlords require renters insurance as a lease condition, even though Texas law doesn't mandate coverage. Property managers often mandate policies to protect themselves from liability claims, sometimes requiring $100,000 or more in liability protection. While the state doesn't require it, your landlord can require coverage as part of your rental agreement. Check your lease before moving in to see if you need a policy.

HOW TO DETERMINE YOUR RENTERS INSURANCE COVERAGE NEEDS

Typical personal property coverage ranges from $20,000 to $50,000 for most renters' belongings. Go through your unit and add up replacement values for electronics, furniture, clothing and other items to calculate your personal property coverage. You'll also want liability limits of $100,000 or more to protect yourself if someone gets injured in your apartment.

How to Find the Best Cheap Renters Insurance in Texas

Texas homeowners should compare multiple insurance providers while weighing their budget, coverage requirements and service expectations to find the best fit.

1
Compare quotes from at least three companies
Premiums differ by $50 or more across companies for identical coverage. Get quotes from national carriers like GEICO and State Farm, plus regional providers serving Texas markets like Houston and Dallas. Different insurers use varying risk models, so rates fluctuate even for the same apartment and coverage limits.
2
Check customer satisfaction ratings and reviews
Low prices aren't worth much if your insurer has poor claims handling or customer service. Research J.D. Power ratings and review customer complaints filed with the Texas Department of Insurance before purchasing. Companies with rock-bottom rates sometimes compensate by cutting corners on claims processing and customer support staff.
3
Bundle renters and auto insurance
Insurers give 10% to 25% off when you bundle policies with the same company. State Farm and Allstate offer some of Texas' largest bundling discounts, particularly beneficial for residents in expensive areas like Austin and San Antonio. Most major carriers provide multi-policy savings that reduce your total insurance costs.
4
Ask about available discounts
You can get discounts for alarm systems, smoke detectors and staying claims-free with most Texas insurers. Additional savings may apply for being a non-smoker, having deadbolt locks or maintaining good credit scores. Contact your agent to identify all qualifying discounts since companies don't always advertise every available reduction.

Best Cheap Renters Insurance in Texas: Bottom Line

Lemonade, State Farm, Allstate, Chubb and Farm Bureau are Texas' best renters insurance companies. Shop around with multiple insurers to find the best rates for your specific situation. Try the calculator below for personalized quotes based on your coverage level, deductible and credit score.

Personalized Texas Renters Insurance Rates

Get free renters insurance rate estimates for Texas based on your coverage needs. Rates reflect a profile of renters aged 21 to 64 with no prior claims.

Coverage Level

Select Coverage Level

Deductible

Select Deductible

Credit Score

Select Credit Score

Average Annual Premium—

Renters Insurance in Texas: FAQ

Common questions about Texas renters insurance:

Does renters insurance cover roommates in Texas?

Renters insurance covers only the policyholder and their relatives living in the unit. Your roommate needs their own policy to protect their belongings and get liability coverage. Each roommate should buy separate renters insurance with at least $20,000 in personal property coverage.

How much renters insurance do I need in Texas?

Most Texas renters need $20,000 to $50,000 in personal property coverage and $100,000 in liability protection. Add up replacement costs for your furniture, electronics, clothing and other belongings to calculate your needs. Your landlord may require specific coverage amounts, so check your lease before buying a policy.

How do I file a renters insurance claim in Texas?

Contact your insurer immediately after damage occurs or items get stolen. Document the damage with photos and videos before cleaning up. Provide a list of damaged or stolen items with purchase dates and estimated values. Your insurer will assign a claims adjuster to review your case. Most claims get processed within two to four weeks.

Does renters insurance cover hotel stays if my apartment becomes unlivable?

Renters insurance covers temporary housing costs through loss of use coverage if covered damage like fire makes your apartment unlivable. This pays for hotel rooms and restaurant meals while repairs happen. Most policies limit loss of use to 20% to 30% of your personal property coverage amount. Floods and earthquakes aren't covered.

How We Found the Best Cheap Renters Insurance Companies in Texas

We analyzed Texas renters insurance companies to identify insurers with low rates and reliable service.

We collected quotes for renters aged 26 to 64 with good credit and no claims history. The profile included $20,000 in personal property coverage, $100,000 in liability protection and a $500 deductible.

Affordability determined 50% of each company's score. Customer satisfaction from industry research made up 40%. Add-on coverage options contributed 10%. Companies with the highest combined scores across all factors made our list of Texas's best renters insurance providers.

About Mark Fitzpatrick

Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in 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!

He writes about economics and insurance, breaking down complex topics so people know what they're buying.

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