Roost Renters Insurance Review: Cost & Service (2024)

The best renters insurance policies are affordable without sacrificing coverage and have a strong track record of financial stability and customer satisfaction.

Roost renters insurance provides little data to assess customer satisfaction. Based on MoneyGeek’s research, Roost did not participate in the J.D. Power Study, which assesses companies for customer satisfaction based on customer interviews. As such, customer satisfaction for Roost was evaluated on the basis of customer complaints and their financial stability.

A company's financial stability rating indicates whether it will be able to pay claims. Roost received an excellent score of A- in AM Best’s financial stability rating, indicating that it consistently follows through on its financial obligations.

Because each renters insurance company has a different application process, it’s hard to figure out how to apply. To make the process easier for you, MoneyGeek outlined the steps to get renters insurance with Roost.

It is uncertain what Roost renters insurance prices are or how much flexibility you have in customizing them to meet your specific needs. Renters insurance costs roughly $156 per year which should give you a ballpark idea, although it might cost more or less based on your coverage limit.

The cost of renters insurance is mostly determined by the coverage limit you select, so it's important to avoid having too much or too little coverage. For most renters, $20,000 of coverage is sufficient, but to save money you should calculate the precise amount that’s best for your needs.

To determine how much coverage is appropriate for your requirements, you may use MoneyGeek's personal property calculator.

MoneyGeek was unable to find any discounts available through Roost, as most of its policy information is not disclosed on its website. We recommend reaching out to the insurance provider directly for more information.

Renters insurance companies typically market seven different coverage options. Roost renters insurance provides coverage similar to most typical renters insurance policies.

Roost offers several common coverages, including personal property replacement cost, earthquake and pet damage liability coverages. However, its optional earthquake coverage is only available in California. A somewhat unique coverage offered by Roost is its negligent water damage coverage. If the property has suffered water damage or has a leak, Roost will pay for the cost of the repair.

Each of the coverage options for a Roost renters insurance policy is described in depth below by MoneyGeek. Personal property replacement cost, negligent water damage, earthquake and pet damage liability coverages are all examples of these.

It's essential to assure you have all of the typical renters insurance coverages such as personal property, personal liabilities, medical bills and supplementary living expenses while shopping for renters insurance.

Depending on your living situation, you may also need flood, earthquake or pest coverage, some of which are only available on a limited basis. This is why reading the fine print is important before purchasing a renters insurance policy.

It is imperative to estimate the value of your personal belongings so you don't under or over insure yourself when choosing a policy. Most customers prioritize companies with user-friendly online tools and functionalities that make the process of applying for and managing renters insurance easier.

MoneyGeek outlines some of the renters insurance’s tools and features available through Roost that can help its customers make flexible payments, file claims and get a quote online.

Roost only offers renters insurance. No other insurance products are available from this provider.

MoneyGeek analyzed Roost's website, collected quotes manually and consulted customer intelligence organizations such as J.D. Power, the NAIC and AM Best to assess its overall quality as a renters insurance company.