Best and Cheapest Renters Insurance in Tucson, AZ (September 2024)

The best renters insurance company in Tucson, Arizona is Nationwide with a MoneyGeek score of 91 and an annual premium of $134. The cheapest renters insurance provider in Tucson, Arizona is Auto-Owners with a MoneyGeek score of 94 and an annual premium of $131.

The best homeowners insurance provider should offer a balance of customer service with affordability. Depending on your needs, other providers may be best. For example, Travelers excels in service quality with an annual premium of $297.

We also looked into the best and cheapest renters insurance in Arizona for those who live elsewhere in the state.

The best renters insurance in Tucson, Arizona, is Nationwide with a MoneyGeek score of 91 out of 100 and an annual premium of $134. The following providers are the two best renters insurance providers in Tucson for a policy with $20,000 in personal property coverage, $100,000 in personal liability and a $1,000 deductible:

• Nationwide: MoneyGeek score of 91 out of 100 ($134 per year)
• American Family: MoneyGeek score of 90 out of 100 ($145 per year)

Nationwide perfectly balances customer satisfaction and affordability, with an affordability score of 55 out of 55 and a customer satisfaction score of 24 out of 30.

In Tucson, Arizona, Auto-Owners offers the cheapest renters insurance with an annual premium of $131 for $20,000 in personal property coverage. The cheapest providers are:

• Auto-Owners: $131 per year
• Nationwide: $134 per year

MoneyGeek rated the cheapest renters insurance in Tucson with minimal consideration for customer service.

Personal property coverage protects your belongings against risks like theft, fire, and certain natural disasters. 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.

In Tucson, Arizona, Nationwide 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 $114. The following providers are the two cheapest providers in Tucson for $20,000 in personal property coverage and a $2,000 deductible:

• Nationwide: $114 per year -Auto-Owners: $128 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 can afford your premiums and out-of-pocket costs if you need to file a claim.

Travelers offers the best renters insurance for service quality in Tucson, Arizona, with an annual premium of $297. The following providers are the top two in Tucson, Arizona, for a policy with $20,000 in personal property coverage for those who value great customer service:

• Travelers: MoneyGeek score of 85 out of 100 ($297 per year)
• Nationwide: MoneyGeek score of 84 out of 100 ($134 per year)

MoneyGeek scores renters insurance providers based on customer satisfaction from J.D. Power surveys, which evaluate how well companies meet customer needs.

Great customer service is important for renters looking for insurance because it ensures that you receive the support you need when making a claim. For example, when you file a claim, a company with excellent customer service will guide you through the process efficiently, ensuring you get the help you need quickly.

American Family offers the best renters insurance for high personal property coverage in Tucson, Arizona, with an annual premium of $213 for a policy with $100,000 in personal property coverage. High personal property coverage refers to insurance policies that provide a higher limit for the value of personal belongings in the event of damage or loss. The following providers are the two best providers:

• American Family: MoneyGeek score of 92 out of 100 ($213 per year)
• Nationwide: MoneyGeek score of 90 out of 100 ($267 per year)

Renters with a substantial amount of belongings often need higher personal property coverage. This coverage protects items like furniture, electronics and clothing from events like theft or fire. As coverage limits increase, so does the premium cost.

It's important to find a provider that offers a good balance of cost and excellent service, particularly when you own numerous valuable items. Keep in mind, high-value items such as jewelry or art may require additional coverage beyond a standard renters insurance policy.

In Tucson, USAA is the winning company for renters with military backgrounds, holding the top rank with an annual premium of $107. USAA is exclusively for those with military backgrounds. The following providers are the two best providers in Tucson for veterans for a policy with $20,000 in personal property coverage:

• USAA: MoneyGeek score of 100 out of 100 ($107 per year)
• Nationwide: MoneyGeek score of 91 out of 100 ($134 per year)

USAA offers a range of products tailored for those with a military background, providing discounts and coverages that suit the military lifestyle. USAA is also the cheapest in Tucson for military members.

The best renters insurance company for those with poor credit in Tucson is Nationwide, offering an annual premium of $213 for a policy with $20,000 in personal property coverage. The following providers are the two best providers in Tucson for those with poor credit for the same type of policy:

• Nationwide: MoneyGeek score of 92 out of 100 ($213 per year)
• American Family: MoneyGeek score of 92 out of 100 ($254 per year)

Rates in Tucson for those with poor credit are typically higher because these individuals are viewed as higher-risk by providers. This is due to a history that suggests a greater likelihood of filing claims. However, you can work on improving your credit score to help lower your rates over time and should look for discounts that can make your insurance more affordable.

The average cost of renters insurance in Tucson, Arizona, is $211 annually or $18 monthly. This is higher than the Arizona state average of $195 annually and the national average of $145 annually. These rates are based on a renters insurance policy with $20,000 personal property limits, $100,000 liability limits, and a $1,000 deductible.

The average cost of renters insurance in Tucson may vary greatly depending on the amount of personal property coverage you purchase. Personal property coverage protects your belongings in case of theft, fire or other covered events. Use the calculator below to see how prices change based on the value of your personal property.

The cost of renters insurance in Tucson, Arizona, 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 the event 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.

Renters insurance primarily provides coverage for your personal belongings, but it also covers additional areas such as liability and living expenses if your rental is rendered uninhabitable. Here’s what a typical policy includes:

• Personal Property Coverage: This covers the cost to repair or replace your belongings if they're damaged or stolen. For instance, a renter in Texas may receive compensation for a stolen laptop.
• Personal Liability Coverage: This protects you financially if a guest is injured in your rental or you cause property damage. A Texas renter could use this coverage if a guest slips and falls in their apartment.
• Loss of Use Coverage: This helps with additional living expenses if your rental is unlivable due to a covered peril. A renter might rely on loss of use coverage to pay for a hotel stay after a fire.

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 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.

The best renters insurance provider for you in Tucson ultimately depends on your needs. Below are some frequently asked questions to help you make an informed decision.