Best and Cheapest Renters Insurance in West Covina, CA (Sept 2024)


Updated: September 13, 2024

Advertising & Editorial Disclosure

Nationwide is the best renters insurance company in West Covina, California, with a MoneyGeek score of 94 and an average annual premium of $125. Capital Insurance Group is the cheapest provider, with a MoneyGeek score of 89 and an average annual premium of $103. The best and cheapest quotes are based on $20,000 in personal property coverage.

The best homeowners insurance provider should balance customer service with affordability. Depending on your needs, other providers may be best. For example, Travelers leads in service quality, with an annual premium of around $147. MoneyGeek also looked into the best and cheapest renters insurance in California for those who live elsewhere in the state.

MoneyGeek Logo IconBest & CheapestRentersWest Covina, CA
2024

Table of Contents

Why Trust MoneyGeek? To determine the best renters insurance in West Covina, California, we evaluated data from the California Department of Insurance and Quadrant Information Services.

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Renters insurance premiums in West Covina represent the most competitive estimates as of September 2024.

768Quotes Analyzed
 
8Providers Analyzed
 
2ZIP Codes

Overall Best Renters Insurance in West Covina, CA

Nationwide is the best renters insurance provider in West Covina, California, with a MoneyGeek score of 94 out of 100 and an average annual premium of $125. These are the best renters insurance companies for policies with $20,000 in personal property coverage, $100,000 in personal liability coverage and a $1,000 deductible:

  • Nationwide: MoneyGeek score of 90 out of 100 ($74 per year)
  • State Farm: MoneyGeek score of 93 out of 100 ($121 per year)

Nationwide has achieved a balance of cost and quality service, earning an affordability score of 52 out of 55 and a customer satisfaction score of 28 out of 30.

Company logo for Nationwide
Best OverallNationwide
MoneyGeek Score:
94/ of 100

Overview

Nationwide ranks first in coverage in West Covina, making it the top choice for renters at an average annual premium of $125. The company offers credit card forgery and theft from vehicles coverages. Credit card forgery covers unauthorized transactions on your credit cards and forged checks. Theft from vehicles protects your personal belongings stored in vehicles, ensuring you are covered even when on the go.

Best Renters Insurance in West Covina, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
NationwideMoneyGeek Score94Annual Premium$ 125
State FarmMoneyGeek Score93Annual Premium$ 121
TravelersMoneyGeek Score92Annual Premium$ 147
AllstateMoneyGeek Score86Annual Premium$ 134
Capital Insurance GroupMoneyGeek Score82Annual Premium$ 103
FarmersMoneyGeek Score81Annual Premium$ 168
ChubbMoneyGeek Score61Annual Premium$ 366

Cheapest Renters Insurance in West Covina, CA

In West Covina, California, Capital Insurance Group offers the cheapest renters insurance, with an average annual premium of $74 for $20,000 in personal property coverage with a $1,000 deductible.

  • Capital Insurance Group: $103 per year
  • State Farm: $121 per year

Personal property coverage helps replace or repair your belongings if they're damaged or stolen. Cheap renters insurance policies may have lower personal property coverage limits, which could be insufficient if you have numerous valuable items.

Cheapest Renters Insurance in West Covina, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
State FarmMoneyGeek Score94Annual Premium$ 121
NationwideMoneyGeek Score93Annual Premium$ 125
TravelersMoneyGeek Score91Annual Premium$ 147
Capital Insurance GroupMoneyGeek Score89Annual Premium$ 103
AllstateMoneyGeek Score88Annual Premium$ 134
FarmersMoneyGeek Score81Annual Premium$ 168
ChubbMoneyGeek Score49Annual Premium$ 366

Cheapest Renters Insurance With a High Deductible in West Covina, CA

Capital Insurance Group offers the best and cheapest renters insurance in West Covina, California, for a policy with $20,000 in personal property coverage and a $2,000 deductible at an average annual premium of $80. The following providers are the top options in West Covina for higher deductible policies:

  • Capital Insurance Group: $80 per year
  • Nationwide: $99 per year

A deductible is the amount you pay out of pocket before your insurance policy kicks in. Opting for a higher deductible usually results in cheaper insurance premiums. It's important to find a balance that suits your financial situation to ensure you can afford the premiums and any out-of-pocket costs that may arise if you need to file a claim.

Cheapest High Deductible Renters Insurance in West Covina, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
Deductible:
Deductible:$ 2,000
Capital Insurance GroupMoneyGeek Score82Annual Premium$ 80
NationwideMoneyGeek Score94Annual Premium$ 99
State FarmMoneyGeek Score90Annual Premium$ 119
TravelersMoneyGeek Score93Annual Premium$ 119
AllstateMoneyGeek Score82Annual Premium$ 134
FarmersMoneyGeek Score78Annual Premium$ 164
ChubbMoneyGeek Score61Annual Premium$ 338
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HOW TO SET YOUR DEDUCTIBLE

When selecting a deductible, make sure you can comfortably afford to pay it out of pocket if you need to make a claim. A higher deductible can reduce your premium, resulting in overall cost savings while providing adequate coverage.

Best Renters Insurance for Customer Service in West Covina, CA

For renters in West Covina, California, who prioritize exceptional service over cost, the following are the top two providers for a policy with $20,000 in personal property coverage:

  • Travelers: MoneyGeek score of 96 out of 100 ($147 per year)
  • Nationwide: MoneyGeek score of 95 out of 100 ($125 per year)

Excellent customer service is vital for renters seeking insurance. If you're making a claim after a stressful event, a responsive and helpful insurance representative can make the process smoother and less daunting. MoneyGeek evaluates the best renters insurance companies for customer service based on J.D. Power surveys, which assess customer satisfaction in areas like policy offerings, price, billing process and claims.

Company logo for Travelers
Best Service QualityTravelers
MoneyGeek Score:
96/ of 100

Overview

In West Covina, California, Travelers ranks first in customer satisfaction and coverage, offering the cheapest annual premium at around $147. It provides contents replacement cost, which covers the cost to replace personal property without depreciation. This ensures renters can replace their belongings at the current market value. Valuable items insurance protects high-value items like jewelry and fine art from various losses, offering higher coverage limits without requiring appraisals or item listings.

Best Renters Insurance for Service Quality in West Covina, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
TravelersMoneyGeek Score96Annual Premium$ 147
NationwideMoneyGeek Score95Annual Premium$ 125
ChubbMoneyGeek Score93Annual Premium$ 366
State FarmMoneyGeek Score86Annual Premium$ 121
AllstateMoneyGeek Score77Annual Premium$ 134
FarmersMoneyGeek Score77Annual Premium$ 168
Capital Insurance GroupMoneyGeek Score61Annual Premium$ 103

Best Renters Insurance for High Personal Property Limits in West Covina, CA

State Farm offers the best renters insurance for those in West Covina, California, needing high personal property coverage. Its average annual premium is $247 for a policy with $100,000 in personal property coverage. In West Covina, the top providers for $100K in personal property coverage are:

  • State Farm: MoneyGeek score of 95 out of 100 ($247 per year)
  • Travelers: MoneyGeek score of 94 out of 100 ($366 per year)

Renters with numerous belongings often require more personal property coverage. High personal property coverage ensures a higher level of protection for your belongings, such as furniture, electronics and clothing, from theft or damage.

Higher coverage levels typically mean higher premiums, but finding a provider that offers both reasonable costs and excellent service is vital when you own many possessions. Remember, high-value items such as jewelry or artwork might not be fully covered under standard policies and may necessitate additional coverage.

Company logo for State Farm
Best High Personal Property LimitState Farm
MoneyGeek Score:
95/ of 100

Overview

State Farm ranks first in affordability and customer satisfaction for expensive homes in West Covina, California, with an average annual premium of $247. It offers cyber event/ID theft and earthquake coverages. Cyber event/ID theft coverage helps renters recover from identity theft and cyber fraud. Earthquake coverage protects against damages from seismic activities, which is crucial for California residents.

Best Renters Insurance for High Personal Property Limits in West Covina, CA
State FarmMoneyGeek Score95Annual Premium$ 247
TravelersMoneyGeek Score94Annual Premium$ 366
NationwideMoneyGeek Score92Annual Premium$ 388
AllstateMoneyGeek Score84Annual Premium$ 415
FarmersMoneyGeek Score83Annual Premium$ 432
Capital Insurance GroupMoneyGeek Score80Annual Premium$ 315
ChubbMoneyGeek Score61Annual Premium$ 1,273
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SCHEDULED PERSONAL PROPERTY COVERAGE

If you own valuables like jewelry or art, be aware that standard policies often don't cover them. Consider a provider that offers scheduled personal property coverage to ensure these items are protected.

Best Renters Insurance for Military Families in West Covina, CA

USAA is the top-ranked renters insurance company in West Covina, exclusively serving those with military backgrounds. These are the top two best providers in West Covina for military members for a policy with $20,000 in personal property coverage:

  • USAA: MoneyGeek score of 100 out of 100 ($143 per year)
  • Nationwide: MoneyGeek score of 94 out of 100 ($125 per year)

USAA offers various products tailored for those with a military background, providing discounts and coverages that suit the military lifestyle. It is the cheapest option for military members in West Covina.

Company logo for USAA
Best for MilitaryUSAA
MoneyGeek Score:
100/ of 100

Overview

USAA is the premier renters insurance provider for those with a military background in West Covina. With an average annual premium of $92, it provides affordability and comprehensive financial protection. It offers contents replacement cost, which covers the cost of replacing belongings with brand-new ones in the event of theft or damage. It also has worldwide personal property coverage, providing security for military members at home or abroad.

Best Renters Insurance for Military in West Covina, CA
Data filtered by:Results filtered by:
Coverage:
Coverage:$20K Personal Property
USAAMoneyGeek Score100Annual Premium$ 143
NationwideMoneyGeek Score94Annual Premium$ 125
State FarmMoneyGeek Score93Annual Premium$ 121
TravelersMoneyGeek Score92Annual Premium$ 147
AllstateMoneyGeek Score86Annual Premium$ 134
Capital Insurance GroupMoneyGeek Score82Annual Premium$ 103
FarmersMoneyGeek Score81Annual Premium$ 168
ChubbMoneyGeek Score61Annual Premium$ 366

Average Cost of Renters Insurance in West Covina, CA

The average cost of renters insurance in West Covina, California, is $166 annually or $14 monthly. This rate is higher than the California state average of $148 annually and the national average of $145 annually. These rates are based on a renters insurance policy with $20,000 in personal property limits, $100,000 in liability limits and a $1,000 deductible.

Renters should remember that the average cost of renters insurance in West Covina 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 much coverage you need 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.

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Factors That Impact Renters Insurance Costs in West Covina

The cost of renters insurance in West Covina, California, 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 case 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.

What Renters Insurance Covers in West Covina, CA

Renters insurance covers personal property, liability and additional living expenses. It protects against theft, fire and certain natural disasters. Purchasing renters insurance offers security and financial protection, ensuring you are covered in case of unexpected events. Below is a detailed list of what renters insurance can cover:

  • Personal Property Coverage: This coverage protects your belongings from damage or theft. For example, if a fire damages your apartment in California, your policy can help replace your damaged furniture and electronics.
  • Personal Liability Coverage: This coverage helps with legal expenses if someone gets injured in your rental. For instance, if a guest slips and falls in your California apartment, this coverage can help pay their medical bills and legal fees.
  • Loss of Use Coverage: This coverage pays for additional living expenses if your rental becomes uninhabitable. For example, if your California apartment is damaged by a flood and you need to stay in a hotel, loss of use coverage can help cover those costs.
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COMMONLY COVERED PERILS

Renters insurance typically covers losses from incidents like theft, fire and water damage. Understanding your policy's specific coverage is key to ensuring you're protected. Here are common situations renters insurance covers:

  • Fire or lightning
  • Windstorm or hail
  • Explosions
  • Riots
  • Aircraft
  • Vehicles
  • Smoke damage

What Renters Insurance Does Not Cover in West Covina

Renters insurance in West Covina does not cover everything, such as flood damage and damage from earthquakes. Here are some common exclusions:

  • Flood Damage: Renters insurance does not cover damage caused by floods.
  • Earthquake Damage: Earthquake-related damages are typically not covered.
  • Pest Infestations: Damage from pests like termites and rodents is usually excluded.
  • High-Value Items: Expensive items such as jewelry often require additional coverage.

FAQ: Renters Insurance in West Covina, CA

The best renters insurance provider in West Covina, California, depends on your unique needs. We answered the frequently asked questions to help you make an informed decision.

How much is renters insurance in West Covina, California, on average?
What is the cheapest renters insurance company in West Covina, California?
What is the best renters insurance company in West Covina, California?
Do I need renters insurance in West Covina, California?

About Mark Fitzpatrick


Mark Fitzpatrick headshot

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.