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Best Renters Insurance Companies of 2024
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Your landlord's insurance policy will typically cover the building and the structure, and your insurance covers anything inside your home.</p>"},{"question":"How much does renters insurance cost?","answer":"<p class=\"faq-answer\">The average cost of renters insurance in the US is about $15 per month, or $173 a year, according to 2020 data from the Insurance Information Institute. Premiums may vary based on zip code, any history of claims, and more. You could get additional savings by bundling your renters insurance policy with car insurance or other types of insurance. </p>"},{"question":"What company has the cheapest renters insurance?","answer":"<p class=\"faq-answer\">The cheapest renters insurance tends to vary based on location, so it's worth getting quotes from a few different companies. Overall, though, Lemonade tends to offer cheap rates across the US.</p>"},{"question":"Why do people not get renters insurance?","answer":"<p class=\"faq-answer\">People may opt to not get renters insurance by simply overlooking its importance, or if they incorrectly think their valuables are covered by the landlord's building insurance. 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Our picks for best renters insurance companies include State Farm, Lemonade, Erie, Allstate, and Farmers.","keywords":"","articleBody":"Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate homeowners insurance products to write unbiased product reviews.Whether you're renting a studio apartment or an entire single-family home, renters insurance will protect what your landlord's policy does not. For instance, if a fire destroys your rented home, renters insurance could cover your personal belongings and valuables. And if someone sues you for injuries on your property, renters insurance will ensure you're covered.Offers low mileage, electric vehicle, hybrid discounts, and discounts for bundling your home and auto insurance853Lemonade offers auto, homeowners, renters, pet, and life insurance. It's been around since 2015 and is known for offering some of the lowest rates. Lemonade ranks on J.D. Power's customer satisfaction surveys for renters insurance, however, it doesn't rank for life and homeowners insurance.Offers many discounts, including good student discounts for high school and college students836A++State Farm offers auto, homeowners, and life insurance. If you're looking for an established insurer with good customer satisfaction and reasonable rates, State Farm delivers.Offers discounts for bundling your home and auto insurance851A+Erie Insurance is a good option for insurance if you value customer and claims satisfaction. Although it's only in 12 states plus D.C., if available in your state, it's a good option for auto, life, and home insurance.Offers discounts and discounts for bundling your home and auto insurance837A+Allstate has a national presence and low rates in auto and life insurance. It also provides excellent customer service across various products.Offers array of discounts and bundling options831AFarmers offers auto, homeowners, and life insurance. It's been around since 1928 and generally has good marks for customer satisfaction. While its auto insurance may be an expensive option for some customers, Farmers offers a number of discounts to curtail the cost.Offers discounts and discounts on bundling886A++USAA offers auto, homeowners, and life insurance with a proven record on customer service. Although its auto and homeowners is only available to military and veterans, its life insurance is open to the public. If you're looking for an established insurer with good customer satisfaction and reasonable rates, USAA delivers.Lemonade Renters Insurance is an easy-to-use digital platform provider that offers affordable coverage. Lemonade isn't available in all states, but it has good customer service ratings.The average renters insurance, according to some reports, costs $174 annually or $14.50 per month. According to Insurify, Lemonade starts at $5 a month, significantly more affordable than the national average. However, your renters insurance will be based on several factors like where you live.Lemonade homeowners insurance reviewState Farm Renters Insurance is an established insurance company that receives high customer and claims satisfaction marks.The average annual premium for renters insurance is about $173, according to the Insurance Institute. However, bundling discounts may lower costs (if you bundle it with your auto or other insurance). Some apartment buildings also partner with specialty renters insurance companies, which offer more coverage and exclusive perks as long as you live in a certain building.State Farm home insurance reviewErie Renters Insurance only operates in 12 states and Washington, D.C. It won't make sense for everyone, but it does have a reputation for good customer service and claims satisfaction in the regions where it does operate. Erie Insurance is known for its low prices across the board, however, it also offers a number of discounts to curtail your premiums even further.Erie's renters insurance starts at $15 a month, slightly below the national average. However, your renters insurance will be based on several factors, like where you live.Erie home insurance reviewAllstate Renters Insurance is a national carrier that ranks well for customer service, but its insurance premiums aren't always the cheapest. However, Allstate has a discount that allows renters who are 55 years or older to enjoy 25% of their premiums.Insurify finds Allstate monthly premiums start at $15 monthly, which is on par with the national average. Allstate is known for its bundling and other discounts. So if you're already a loyal Allstate company, you'll probably find your most competitive rates here. Allstate's personalized service with captive agents may also appeal to seniors.Allstate home insurance reviewFarmers takes the seventh spot in J.D. Power's renters insurance customer satisfaction survey. You may qualify for a discount if you are a business professional such as a doctor, nurse, engineer, dentist, teacher, police officer, or firefighter. You can obtain a quote by speaking to a Farmers insurance representative.Farmers home insurance reviewIf you're in the military or a veteran, USAA is an option worth considering. Its life insurance is the only product open to non-military customers.Insurify states USAA is priced at $10 a month, significantly more affordable than the national average. However, as you may already know, USAA insurance coverage is limited to US military members, veterans, and their immediate families. Civilian renters are not eligible for its rock-bottom pricing.USAA home insurance reviewLike homeowners insurance and car insurance, the cost of renters insurance will vary by state. Where you live will play a significant role in the amount you pay in premiums.Here's the average annual premium for renters insurance by state, according to the Insurance Information Institute.Renters insurance covers personal property when damaged by a covered peril, or a loss listed in your policy, like fire, smoke, theft, and storms. Your landlord's insurance policy will typically cover the building and the structure, and your insurance covers anything inside your home.The average cost of renters insurance in the US is about $15 per month, or $173 a year, according to 2020 data from the Insurance Information Institute. Premiums may vary based on zip code, any history of claims, and more. You could get additional savings by bundling your renters insurance policy with car insurance or other types of insurance. The cheapest renters insurance tends to vary based on location, so it's worth getting quotes from a few different companies. Overall, though, Lemonade tends to offer cheap rates across the US.People may opt to not get renters insurance by simply overlooking its importance, or if they incorrectly think their valuables are covered by the landlord's building insurance. Anyone with items of value in their apartment should get renters insurance to protect their belongings.We aim to inform consumers, giving you the information you need to make decisions about your insurance. Our reviews and guides are not for sale. All product features are based on facts gathered. We consider industry standards, customer reviews, and other factors to get a complete perspective on each product.Insider gathered data from several renters insurance companies based on customer service and premium prices where available. We base our sample quotes on data for two people renting a two-bedroom, one-bath, single-family with no pets in Philadelphia.See our insurance rating methodology to learn more.","articleSection":"Personal Finance, Insurance, Renters Insurance","isAccessibleForFree":true,"hasPart":[{"@type":"WebPageElement","isAccessibleForFree":true,"cssSelector":".content-lock-content"}]} </script> <script type="application/ld+json"> {"@context":"https://schema.org","@type":"FAQPage","mainEntity":[{"@type":"Question","name":"What does renters insurance cover?","acceptedAnswer":{"@type":"Answer","text":"<p class=\"faq-answer\">Renters insurance covers personal property when damaged by a covered peril, or a loss listed in your policy, like fire, smoke, theft, and storms. Your landlord's insurance policy will typically cover the building and the structure, and your insurance covers anything inside your home.</p>"}},{"@type":"Question","name":"How much does renters insurance cost?","acceptedAnswer":{"@type":"Answer","text":"<p class=\"faq-answer\">The average cost of renters insurance in the US is about $15 per month, or $173 a year, according to 2020 data from the Insurance Information Institute. Premiums may vary based on zip code, any history of claims, and more. You could get additional savings by bundling your renters insurance policy with car insurance or other types of insurance. </p>"}},{"@type":"Question","name":"What company has the cheapest renters insurance?","acceptedAnswer":{"@type":"Answer","text":"<p class=\"faq-answer\">The cheapest renters insurance tends to vary based on location, so it's worth getting quotes from a few different companies. 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Anyone with items of value in their apartment should get renters insurance to protect their belongings.</p>"}}]} </script> <script type="application/ld+json"> {"@context":"http://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://www.businessinsider.com/personal-finance","name":"Personal Finance"}},{"@type":"ListItem","position":2,"item":{"@id":"https://www.businessinsider.com/personal-finance/insurance","name":"Insurance"}},{"@type":"ListItem","position":3,"item":{"@id":"https://www.businessinsider.com/personal-finance/renters-insurance","name":"Renters Insurance"}},{"@type":"ListItem","position":4,"item":{"@id":"https://www.businessinsider.com/personal-finance/homeowners-insurance/best-renters-insurance-companies","name":"Best Renters Insurance Companies of 2024"}}]} </script> <script>window.allScripts = window.allScripts || []; window.allScripts.push({ type: "load", script: 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role="main" > <section id="l-content" class="is-right-rail content-with-sticky-toc" data-track-page-area="Post" data-post-content > <section class="row"> <div class="col-12"> <article class=""> <section class="post-headline-wrapper " id="post-headline" > <div class="post-meta"> <span class="post-breadcrumbs headline-regular "> <a href="/personal-finance" class=" breadcrumb-hide-m" data-track-click="{"product_field":"Personal Finance","element_name":"breadcrumbs","event":"navigation"}" > Personal Finance </a> <svg class="svg-icon chevron-icon post-breadcrumbs-chevron rotate270" data-chevron-icon role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewBox="0 0 14.4 8.4" id="chevron-icon" > <title>Chevron icon</title> <desc>It indicates an expandable section or menu, or sometimes previous / next navigation options.</desc> <path class="chevron" fill="none" stroke="#0a0a0a" stroke-linecap="square" d="M.7.7l6.5 7 6.5-7"/> </svg> <a href="/personal-finance/insurance" class=" breadcrumb-hide-s" data-track-click="{"product_field":"Insurance","element_name":"breadcrumbs","event":"navigation"}" > Insurance </a> <svg class="svg-icon chevron-icon post-breadcrumbs-chevron rotate270" data-chevron-icon role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewBox="0 0 14.4 8.4" id="chevron-icon" > <title>Chevron icon</title> <desc>It indicates an expandable section or menu, or sometimes previous / next navigation options.</desc> <path class="chevron" fill="none" stroke="#0a0a0a" stroke-linecap="square" d="M.7.7l6.5 7 6.5-7"/> </svg> <svg class="svg-icon chevron-icon post-breadcrumbs-chevron rotate90 d-sm-block d-md-none align-left" data-chevron-icon role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewBox="0 0 14.4 8.4" id="chevron-icon" > <title>Chevron icon</title> <desc>It indicates an expandable section or menu, or sometimes previous / next navigation options.</desc> <path class="chevron" fill="none" stroke="#0a0a0a" stroke-linecap="square" d="M.7.7l6.5 7 6.5-7"/> </svg> <a href="/personal-finance/renters-insurance" class="" data-track-click="{"product_field":"Renters Insurance","element_name":"breadcrumbs","event":"navigation"}" > Renters Insurance </a> </span> </div> <h1 class="post-headline ">Best Renters Insurance Companies of 2024</h1> </section> <section class="byline-wrapper byline-wrapper-helpfulness "> <div class="byline " data-e2e-name="byline" > <div class="byline-content" data-e2e-name="byline-content" > <div class="byline-row"> <div class="byline-author-container"> <div class="byline-author headline-regular"> <span class="headline-regular">Written by</span> <span class="" data-e2e-name="Alani Asis" > <a class="byline-link byline-author-name" data-e2e-name="byline-author-name" href="https://www.businessinsider.com/author/alani-asis" >Alani Asis</a><span class="headline-regular">;</span></span> <span class="headline-regular">edited by</span> <a class="byline-link byline-author-name" href="https://www.businessinsider.com/author/lina-roby" >Lina Roby</a><span class="headline-regular">;</span> <span class="headline-regular">reviewed by</span> <a class="byline-link byline-author-name" href="https://www.businessinsider.com/author/evelyn-he" >Evelyn He</a> </div> <time class="byline-timestamp headline-regular js-date-format" data-timestamp="2024-06-21T14:08:06Z" data-e2e-name="byline-timestamp" data-disable-relative-formatting > 2024-06-21T14:08:06Z </time> </div> </div> </div> </div> <section class="sharebar " data-component-type="share" data-location=""> <div class="share-button-dropdown-wrapper"> <button class="share-button sharebar-link headline-regular"><svg class="svg-icon share-icon " role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" fill="none" viewBox="0 0 12 12"> <defs/> <title>Share icon</title> <desc>An curved arrow pointing right.</desc> <path fill-rule="evenodd" d="M7.336 8.014l4.2-3.5-4.2-3.5v2.8h-2.54c-1.948 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data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > State Farm Renters Insurance </a> </li> <li> <a class="sticky-toc-link helpfulness-mobile-toc" href="#erie-renters-insurance" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > Erie Renters Insurance </a> </li> <li> <a class="sticky-toc-link helpfulness-mobile-toc" href="#allstate-renters-insurance" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > Allstate Renters Insurance </a> </li> <li> <a class="sticky-toc-link helpfulness-mobile-toc" href="#farmers-renters-insurance" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > Farmers Renters Insurance </a> </li> <li> <a class="sticky-toc-link helpfulness-mobile-toc" href="#usaa-renters-insurance" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > USAA Renters Insurance </a> </li> <li> <a class="sticky-toc-link helpfulness-mobile-toc" href="#faqs" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > FAQs </a> </li> <li> <a class="sticky-toc-link helpfulness-mobile-toc" href="#why-you-should-trust-us" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > Why You Should Trust Us </a> </li> </menu> </div> </nav> <div class="sticky-toc-aside-wrapper"> <ul class="sticky-toc-aside js-sticky-toc-aside" data-component-type="sticky-toc"> <li> <a href="#lemonade-renters-insurance" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > Lemonade Renters Insurance </a> </li> <li> <a href="#state-farm-renters-insurance" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > State Farm Renters Insurance </a> </li> <li> <a href="#erie-renters-insurance" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > Erie Renters Insurance </a> </li> <li> <a href="#allstate-renters-insurance" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > Allstate Renters Insurance </a> </li> <li> <a href="#farmers-renters-insurance" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > Farmers Renters Insurance </a> </li> <li> <a href="#usaa-renters-insurance" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > USAA Renters Insurance </a> </li> <li> <a href="#faqs" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > FAQs </a> </li> <li> <a href="#why-you-should-trust-us" class="sticky-toc-link toc-aside headline-semibold" data-track-click="{"product_field":"sticky","event":"navigation","element_name":"table_of_contents","click_path":"bi_value_unassigned"}" > Why You Should Trust Us </a> </li> </ul> </div> <div> <section class="post-content typography with-sticky-toc-aside pfi-post" data-track-content="" data-post-type="post" > <div id="piano-inline-content-wrapper" data-piano-inline-content-wrapper data-user-status="anonymous" > <div data-component-type="content-lock" data-load-strategy="exclude"> <div class="content-lock-content"> <p class="headline-regular financial-disclaimer">Affiliate links for the products on this page are from partners that compensate us (see our <a href="https://www.businessinsider.com/personal-finance/our-partners" class="not-content-link" target="_blank" data-analytics-product-module="body_link" rel="">advertiser disclosure with our list of partners</a> for more details). However, our opinions are our own. See <a href="https://www.businessinsider.com/personal-finance/homeowners-insurance/methodology" class="not-content-link" target="_blank" data-analytics-product-module="body_link" rel="">how we rate homeowners insurance products</a> to write unbiased product reviews.</p> <div class="table-of-contents table-of-contents-sticky" data-analytics-module="jump-to" data-type="custom"></div><p>Whether you're renting a studio apartment or an entire single-family home, renters insurance will protect what your landlord's policy does not. For instance, if a fire destroys your rented home, renters insurance could cover your personal belongings and valuables. And if someone sues you for injuries on your property, renters insurance will ensure you're covered.</p><h2>Best Renters Insurance Companies of 2024</h2><ul><li><a target="_blank" rel="nofollow noopener" data-analytics-product-module="commerce_shortcode" data-analytics-product-id="614b7b4e494524001874c183" data-analytics-product-brand="Lemonade" data-analytics-product-name="Lemonade Renters Insurance" href="https://secure.money.com/pr/cbe61b645909">Lemonade Renters Insurance</a>: Best Overall</li><li><a target="_blank" rel="nofollow noopener" data-analytics-product-module="commerce_shortcode" data-analytics-product-id="614b79461ccd11001141ba61" data-analytics-product-brand="State Farm" data-analytics-product-name="State Farm Renters Insurance" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters">State Farm Renters Insurance</a>: Best for Cheap Renters Insurance</li><li><a target="_blank" rel="nofollow noopener" data-analytics-product-module="commerce_shortcode" data-analytics-product-id="614b7a4313cd0400189e062e" data-analytics-product-brand="Erie Insurance" data-analytics-product-name="Erie Renters Insurance" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters">Erie Renters Insurance</a>: Best for Discounts</li><li><a target="_blank" rel="nofollow noopener" data-analytics-product-module="commerce_shortcode" data-analytics-product-id="614b7c3d13cd0400189e0658" data-analytics-product-brand="Allstate" data-analytics-product-name="Allstate Renters Insurance" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters">Allstate Renters Insurance</a>: Best for Seniors</li><li><a target="_blank" rel="nofollow noopener" data-analytics-product-module="commerce_shortcode" data-analytics-product-id="614b7e79494524001874c1dc" data-analytics-product-brand="Farmers" data-analytics-product-name="Farmers Renters Insurance" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters">Farmers Renters Insurance</a>: Best for Business Professionals</li><li><a target="_blank" rel="nofollow noopener" data-analytics-product-module="commerce_shortcode" data-analytics-product-id="614b7fa3494524001874c1e1" data-analytics-product-brand="USAA" data-analytics-product-name="USAA Renters Insurance" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters">USAA Renters Insurance</a>: Best for Military Members</li></ul><h2><strong>Shop the Top Renters Insurance Companies</strong></h2> <div id="lemonade-renters-insurance" class="financial-product-card ignore-typography" data-component-type="financial-product-card"> <div class="product-label-container"> <div class="product-label__container"> <span class="product-label headline-regular "> BEST OVERALL </span> </div> </div> <div class="financial-product-card__grid-container"> <div class="financial-product-card__product-title headline-semibold ">Lemonade Renters Insurance</div> <div class="financial-product-card__cta-container"> <a target="_blank" href="https://secure.money.com/pr/cbe61b645909" rel="nofollow noindex" data-analytics-product-id="614b7b4e494524001874c183" data-analytics-product-brand="Lemonade" data-analytics-product-name="Lemonade Renters Insurance" data-analytics-product-index="1" data-analytics-product-module="financial_product_card" data-analytics-product-area="button" class="financial-product-card__accent-button not-content-link headline-semibold"> Get quotes </a> <div class="financial-product-card__terms-container"> <span class="financial-product-card__issuer headline-regular">compare policies and rates with Lemonade</span> <div class="financial-product-card__footer headline-regular"> </div> </div> </div> <div> <div class="financial-product-card__card-image"> <a target="_blank" href="https://secure.money.com/pr/cbe61b645909" rel="nofollow noindex" data-analytics-product-id="614b7b4e494524001874c183" data-analytics-product-brand="Lemonade" data-analytics-product-name="Lemonade Renters Insurance" data-analytics-product-index="1" data-analytics-product-module="financial_product_card" data-analytics-product-area="image"> <div class="lazy-holder lazy-holder financial-product-card__card-image__bg" style="padding-top: calc(100% * 181 / 289)"> <img class="lazy-image financial-product-card__card-image__bg" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-src="https://i.insider.com/604104cb2dc901001835560b?width=400" alt="Lemonade Lemonade Renters Insurance"> <noscript> <img src="https://i.insider.com/604104cb2dc901001835560b?width=400" /> </noscript> </div> </a> </div> <div class="financial-product-card__star-container" id="614b7b4e494524001874c183-star-rating"> <strong class="financial-product-card__star-container__label headline-semibold">Insider’s Rating </strong> <div class="star-rating financial-product-card__star-rating"> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.7711821174161908"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.7711821174161908)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.8430063744914371"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.8430063744914371)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.4009246174273602"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.4009246174273602)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.7740156013896966"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.7740156013896966)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.7956952355850904"> <stop stop-color="#faa809" offset="17%"></stop> <stop stop-color="white" offset="17%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.7956952355850904)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg></div> <span class="financial-product-card__rating_value headline-regular">4.17<span>/5</span></span> </div> </div> <div class="financial-product-card__perks-banner"> <div class="financial-product-card__perks-banner__perks-icon"> <svg xmlns="http://www.w3.org/2000/svg" width="24" height="29" fill="none"> <title>Icon of check mark inside a promo stamp</title> <desc>It indicates a confirmed selection.</desc> <path fill-rule="evenodd" clip-rule="evenodd" d="M15.12 6.755 12 3.885l-3.12 2.87-4.296-.578-.75 4.065L0 12.177l1.906 3.708L0 19.593l3.834 1.934.75 4.066 4.297-.578L12 27.885l3.12-2.87 4.296.578.75-4.066L24 19.593l-1.906-3.708L24 12.177l-3.834-1.935-.75-4.065-4.297.578Zm1.408 4.13 1.334 1.366-8.144 7.78-4.027-3.81 1.342-1.366 2.685 2.59 6.81-6.56Z" fill="#002aff"></path> </svg> </div> <div> <strong class="financial-product-card__perks-banner__title headline-semibold"> Perks </strong> <p class="financial-product-card__perks-banner__text headline-regular">Offers low mileage, electric vehicle, hybrid discounts, and discounts for bundling your home and auto insurance</p> </div> </div> <div class="financial-product-card__specs"> <div> <div> <strong class="financial-product-card__specs__title headline-semibold"> JD Power Customer Satisfaction Rating </strong> </div> <p class="financial-product-card__specs__text headline-regular">853</p> </div> </div> </div> <div class="financial-product-card__collapsable-area d-none"> <div class="pros-and-cons pros-and-cons__financial"> <div class="pros-and-cons__subgrid-container" style="grid-row: span 3" data-analytics-product-id="614b7b4e494524001874c183" data-analytics-product-brand="Lemonade" data-analytics-product-name="Lemonade Renters Insurance" data-analytics-product-index="1" data-analytics-product-module="financial_product_card" data-analytics-product-area="pros_cons"> <strong class="headline-semibold">Pros</strong> <ul class="pros-and-cons__list"> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Easy online quoting and purchasing</span></li> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Low rates</span></li> </ul> </div> <div class="pros-and-cons__subgrid-container" style="grid-row: span 3"> <strong class="headline-semibold">Cons</strong> <ul class="pros-and-cons__list"> <li class="pros-and-cons__list-item headline-regular"> <svg xmlns="http://www.w3.org/2000/svg" width="13" height="13" fill="none"> <title>con icon</title> <desc>Two crossed lines that form an 'X'.</desc> <path d="m11.3536 2.5486-1.0173-1.0173L6.5 5.3674 2.6638 1.5313 1.6465 2.5484l3.8362 3.8363-3.8362 3.8363 1.0173 1.0173L6.5 7.4021l3.8363 3.8363 1.0173-1.0173-3.8363-3.8363 3.8363-3.8363Z" fill="#EA0201"></path> </svg> <span>Not available in all 50 states</span></li> <li class="pros-and-cons__list-item headline-regular"> <svg xmlns="http://www.w3.org/2000/svg" width="13" height="13" fill="none"> <title>con icon</title> <desc>Two crossed lines that form an 'X'.</desc> <path d="m11.3536 2.5486-1.0173-1.0173L6.5 5.3674 2.6638 1.5313 1.6465 2.5484l3.8362 3.8363-3.8362 3.8363 1.0173 1.0173L6.5 7.4021l3.8363 3.8363 1.0173-1.0173-3.8363-3.8363 3.8363-3.8363Z" fill="#EA0201"></path> </svg> <span>Agents not available to help with quoting or claims, largely an online experience</span></li> </ul> </div> </div> <div class="financial-product-card__editorial-opinion"> <strong class="financial-product-card__editorial-opinion__title headline-semibold"> Insider’s Take </strong> <p class="financial-product-card__editorial-opinion__text headline-regular">Lemonade offers auto, homeowners, renters, pet, and life insurance. It's been around since 2015 and is known for offering some of the lowest rates. Lemonade ranks on J.D. Power's customer satisfaction surveys for renters insurance, however, it doesn't rank for life and homeowners insurance.</p> <a class="not-content-link financial-product-card__editorial-opinion__link headline-semibold" target="_blank" href="https://www.businessinsider.com/personal-finance/lemonade-insurance-review" data-analytics-product-id="614b7b4e494524001874c183" data-analytics-product-brand="Lemonade" data-analytics-product-name="Lemonade Renters Insurance" data-analytics-product-index="1" data-analytics-product-module="financial_product_card" data-analytics-product-area="read_our_review" rel=""> Lemonade Renters Insurance <span class="not-content-link financial-product-card__editorial-opinion__link-icon"> review<svg xmlns="http://www.w3.org/2000/svg" width="16" height="17" fill="none"> <title>External link Arrow</title> <desc>An arrow icon, indicating this redirects the user."</desc> <g clip-path="url(#a)"> <path d="M6.0003 4.2178V5.551h4.3934L2.667 13.2778l.94.94 7.7267-7.7267v4.3933h1.3333V4.2178H6.0003Z"></path> </g> <defs> <clipPath id="a"> <path transform="translate(0 .8848)" d="M0 0h16v16H0z"></path> </clipPath> </defs> </svg></span> </a></div> <div class="financial-product-card__product-details"> <strong class="financial-product-card__product-details__title headline-semibold"> Product Details </strong> <ul class="financial-product-card__product-details__list headline-regular"> <li class="financial-product-card__product-details__list-item">Easy to use online platform</li> <li class="financial-product-card__product-details__list-item">Affordable renters insurance </li> <li class="financial-product-card__product-details__list-item">Certified B-Corp</li> </ul> </div> </div> <div class="financial-product-card__collapse-button-container"> <a class="financial-product-card__collapse-button not-content-link headline-semibold" data-analytics-product-id="614b7b4e494524001874c183" data-analytics-product-brand="Lemonade" data-analytics-product-name="Lemonade Renters Insurance" data-analytics-product-index="1" data-analytics-product-module="financial_product_card" data-analytics-product-area="pros_cons_and_more" rel=""> <span class="financial-product-card__expander-label">Show Pros, Cons, and More</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="17" fill="none"> <title>chevron down icon</title> <desc>An icon in the shape of an angle pointing down.</desc> <path d="M3.679 6.474a.05.05 0 0 1-.01-.014s-.002-.004-.002-.012V6.44l.001-.001s.002-.005.011-.014l.961-.962c.008-.008.014-.01.014-.01s.004-.002.012-.002h.008l.001.001.004.002a.078.078 0 0 1 .01.01L8 8.771l3.311-3.311c.008-.008.014-.01.014-.01s.004-.002.01-.002h.007l.003.001s.007.003.018.013l.959.96c.009.009.01.013.01.013l.001.002V6.456s-.004.007-.014.018L8.026 10.77a.049.049 0 0 1-.014.01s-.004.002-.012.002h-.008l-.002-.001s-.007-.003-.018-.013L3.68 6.474Z" fill="#002aff"></path> </svg> </a> </div> </div> <div id="state-farm-renters-insurance" class="financial-product-card ignore-typography" data-component-type="financial-product-card"> <div class="product-label-container"> <div class="product-label__container"> <span class="product-label headline-regular "> BEST FOR CHEAP RENTERS INSURANCE </span> </div> </div> <div class="financial-product-card__grid-container"> <div class="financial-product-card__product-title headline-semibold ">State Farm Renters Insurance</div> <div class="financial-product-card__cta-container"> <a target="_blank" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters" rel="nofollow noindex" data-analytics-product-id="614b79461ccd11001141ba61" data-analytics-product-brand="State Farm" data-analytics-product-name="State Farm Renters Insurance" data-analytics-product-index="2" data-analytics-product-module="financial_product_card" data-analytics-product-area="button" class="financial-product-card__accent-button not-content-link headline-semibold"> Get quotes </a> <div class="financial-product-card__terms-container"> <span class="financial-product-card__issuer headline-regular">compare policies and rates with Policygenius</span> <div class="financial-product-card__footer headline-regular"> </div> </div> </div> <div> <div class="financial-product-card__card-image"> <a target="_blank" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters" rel="nofollow noindex" data-analytics-product-id="614b79461ccd11001141ba61" data-analytics-product-brand="State Farm" data-analytics-product-name="State Farm Renters Insurance" data-analytics-product-index="2" data-analytics-product-module="financial_product_card" data-analytics-product-area="image"> <div class="lazy-holder lazy-holder financial-product-card__card-image__bg" style="padding-top: calc(100% * 181 / 289)"> <img class="lazy-image financial-product-card__card-image__bg" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-src="https://i.insider.com/60da01401477f300188c7ee3?width=400" alt="State Farm State Farm Renters Insurance"> <noscript> <img src="https://i.insider.com/60da01401477f300188c7ee3?width=400" /> </noscript> </div> </a> </div> <div class="financial-product-card__star-container" id="614b79461ccd11001141ba61-star-rating"> <strong class="financial-product-card__star-container__label headline-semibold">Insider’s Rating </strong> <div class="star-rating financial-product-card__star-rating"> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.7169006737267956"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.7169006737267956)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.3549883546454129"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.3549883546454129)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.8315404922357879"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.8315404922357879)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.954591450454358"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.954591450454358)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.36665350077029824"> <stop stop-color="#faa809" offset="50%"></stop> <stop stop-color="white" offset="50%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.36665350077029824)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg></div> <span class="financial-product-card__rating_value headline-regular">4.5<span>/5</span></span> </div> </div> <div class="financial-product-card__perks-banner"> <div class="financial-product-card__perks-banner__perks-icon"> <svg xmlns="http://www.w3.org/2000/svg" width="24" height="29" fill="none"> <title>Icon of check mark inside a promo stamp</title> <desc>It indicates a confirmed selection.</desc> <path fill-rule="evenodd" clip-rule="evenodd" d="M15.12 6.755 12 3.885l-3.12 2.87-4.296-.578-.75 4.065L0 12.177l1.906 3.708L0 19.593l3.834 1.934.75 4.066 4.297-.578L12 27.885l3.12-2.87 4.296.578.75-4.066L24 19.593l-1.906-3.708L24 12.177l-3.834-1.935-.75-4.065-4.297.578Zm1.408 4.13 1.334 1.366-8.144 7.78-4.027-3.81 1.342-1.366 2.685 2.59 6.81-6.56Z" fill="#002aff"></path> </svg> </div> <div> <strong class="financial-product-card__perks-banner__title headline-semibold"> Perks </strong> <p class="financial-product-card__perks-banner__text headline-regular">Offers many discounts, including good student discounts for high school and college students</p> </div> </div> <div class="financial-product-card__specs"> <div> <div> <strong class="financial-product-card__specs__title headline-semibold"> JD Power Customer Satisfaction Rating </strong> </div> <p class="financial-product-card__specs__text headline-regular">836</p> </div> <div> <div> <strong class="financial-product-card__specs__title headline-semibold"> AM Best Financial Strength Rating </strong> </div> <p class="financial-product-card__specs__text headline-regular">A++</p> </div> </div> </div> <div class="financial-product-card__collapsable-area d-none"> <div class="pros-and-cons pros-and-cons__financial"> <div class="pros-and-cons__subgrid-container" style="grid-row: span 4" data-analytics-product-id="614b79461ccd11001141ba61" data-analytics-product-brand="State Farm" data-analytics-product-name="State Farm Renters Insurance" data-analytics-product-index="2" data-analytics-product-module="financial_product_card" data-analytics-product-area="pros_cons"> <strong class="headline-semibold">Pros</strong> <ul class="pros-and-cons__list"> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Coverage in all 50 states</span></li> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Strong customer service</span></li> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Plenty of discounts</span></li> </ul> </div> <div class="pros-and-cons__subgrid-container" style="grid-row: span 3"> <strong class="headline-semibold">Cons</strong> <ul class="pros-and-cons__list"> <li class="pros-and-cons__list-item headline-regular"> <svg xmlns="http://www.w3.org/2000/svg" width="13" height="13" fill="none"> <title>con icon</title> <desc>Two crossed lines that form an 'X'.</desc> <path d="m11.3536 2.5486-1.0173-1.0173L6.5 5.3674 2.6638 1.5313 1.6465 2.5484l3.8362 3.8363-3.8362 3.8363 1.0173 1.0173L6.5 7.4021l3.8363 3.8363 1.0173-1.0173-3.8363-3.8363 3.8363-3.8363Z" fill="#EA0201"></path> </svg> <span>Only available through captive State Farm insurance agents</span></li> <li class="pros-and-cons__list-item headline-regular"> <svg xmlns="http://www.w3.org/2000/svg" width="13" height="13" fill="none"> <title>con icon</title> <desc>Two crossed lines that form an 'X'.</desc> <path d="m11.3536 2.5486-1.0173-1.0173L6.5 5.3674 2.6638 1.5313 1.6465 2.5484l3.8362 3.8363-3.8362 3.8363 1.0173 1.0173L6.5 7.4021l3.8363 3.8363 1.0173-1.0173-3.8363-3.8363 3.8363-3.8363Z" fill="#EA0201"></path> </svg> <span>Mixed reviews on claims processing</span></li> </ul> </div> </div> <div class="financial-product-card__editorial-opinion"> <strong class="financial-product-card__editorial-opinion__title headline-semibold"> Insider’s Take </strong> <p class="financial-product-card__editorial-opinion__text headline-regular">State Farm offers auto, homeowners, and life insurance. If you're looking for an established insurer with good customer satisfaction and reasonable rates, State Farm delivers.</p> <a class="not-content-link financial-product-card__editorial-opinion__link headline-semibold" target="_blank" href="https://www.businessinsider.com/personal-finance/state-farm-insurance-review" data-analytics-product-id="614b79461ccd11001141ba61" data-analytics-product-brand="State Farm" data-analytics-product-name="State Farm Renters Insurance" data-analytics-product-index="2" data-analytics-product-module="financial_product_card" data-analytics-product-area="read_our_review" rel=""> State Farm Renters Insurance <span class="not-content-link financial-product-card__editorial-opinion__link-icon"> review<svg xmlns="http://www.w3.org/2000/svg" width="16" height="17" fill="none"> <title>External link Arrow</title> <desc>An arrow icon, indicating this redirects the user."</desc> <g clip-path="url(#a)"> <path d="M6.0003 4.2178V5.551h4.3934L2.667 13.2778l.94.94 7.7267-7.7267v4.3933h1.3333V4.2178H6.0003Z"></path> </g> <defs> <clipPath id="a"> <path transform="translate(0 .8848)" d="M0 0h16v16H0z"></path> </clipPath> </defs> </svg></span> </a></div> <div class="financial-product-card__product-details"> <strong class="financial-product-card__product-details__title headline-semibold"> Product Details </strong> <ul class="financial-product-card__product-details__list headline-regular"> <li class="financial-product-card__product-details__list-item">Affordable renters insurance with national coverage</li> </ul> </div> </div> <div class="financial-product-card__collapse-button-container"> <a class="financial-product-card__collapse-button not-content-link headline-semibold" data-analytics-product-id="614b79461ccd11001141ba61" data-analytics-product-brand="State Farm" data-analytics-product-name="State Farm Renters Insurance" data-analytics-product-index="2" data-analytics-product-module="financial_product_card" data-analytics-product-area="pros_cons_and_more" rel=""> <span class="financial-product-card__expander-label">Show Pros, Cons, and More</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="17" fill="none"> <title>chevron down icon</title> <desc>An icon in the shape of an angle pointing down.</desc> <path d="M3.679 6.474a.05.05 0 0 1-.01-.014s-.002-.004-.002-.012V6.44l.001-.001s.002-.005.011-.014l.961-.962c.008-.008.014-.01.014-.01s.004-.002.012-.002h.008l.001.001.004.002a.078.078 0 0 1 .01.01L8 8.771l3.311-3.311c.008-.008.014-.01.014-.01s.004-.002.01-.002h.007l.003.001s.007.003.018.013l.959.96c.009.009.01.013.01.013l.001.002V6.456s-.004.007-.014.018L8.026 10.77a.049.049 0 0 1-.014.01s-.004.002-.012.002h-.008l-.002-.001s-.007-.003-.018-.013L3.68 6.474Z" fill="#002aff"></path> </svg> </a> </div> </div> <div id="erie-renters-insurance" class="financial-product-card ignore-typography" data-component-type="financial-product-card"> <div class="product-label-container"> <div class="product-label__container"> <span class="product-label headline-regular "> Best for Discounts </span> </div> </div> <div class="financial-product-card__grid-container"> <div class="financial-product-card__product-title headline-semibold ">Erie Renters Insurance</div> <div class="financial-product-card__cta-container"> <a target="_blank" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters" rel="nofollow noindex" data-analytics-product-id="614b7a4313cd0400189e062e" data-analytics-product-brand="Erie Insurance" data-analytics-product-name="Erie Renters Insurance" data-analytics-product-index="3" data-analytics-product-module="financial_product_card" data-analytics-product-area="button" class="financial-product-card__accent-button not-content-link headline-semibold"> Get quotes </a> <div class="financial-product-card__terms-container"> <span class="financial-product-card__issuer headline-regular">compare policies and rates with Policygenius</span> <div class="financial-product-card__footer headline-regular"> </div> </div> </div> <div> <div class="financial-product-card__card-image"> <a target="_blank" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters" rel="nofollow noindex" data-analytics-product-id="614b7a4313cd0400189e062e" data-analytics-product-brand="Erie Insurance" data-analytics-product-name="Erie Renters Insurance" data-analytics-product-index="3" data-analytics-product-module="financial_product_card" data-analytics-product-area="image"> <div class="lazy-holder lazy-holder financial-product-card__card-image__bg" style="padding-top: calc(100% * 181 / 289)"> <img class="lazy-image financial-product-card__card-image__bg" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-src="https://i.insider.com/60ba418493c6fa00195e52a6?width=400" alt="Erie Insurance Erie Renters Insurance"> <noscript> <img src="https://i.insider.com/60ba418493c6fa00195e52a6?width=400" /> </noscript> </div> </a> </div> <div class="financial-product-card__star-container" id="614b7a4313cd0400189e062e-star-rating"> <strong class="financial-product-card__star-container__label headline-semibold">Insider’s Rating </strong> <div class="star-rating financial-product-card__star-rating"> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.8092010498994713"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.8092010498994713)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.7787206571678795"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.7787206571678795)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.19210925387578537"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.19210925387578537)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.19736787907258968"> <stop stop-color="#faa809" offset="83%"></stop> <stop stop-color="white" offset="83%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.19736787907258968)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.3841284969796481"> <stop stop-color="#faa809" offset="-17%"></stop> <stop stop-color="white" offset="-17%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.3841284969796481)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg></div> <span class="financial-product-card__rating_value headline-regular">3.83<span>/5</span></span> </div> </div> <div class="financial-product-card__perks-banner"> <div class="financial-product-card__perks-banner__perks-icon"> <svg xmlns="http://www.w3.org/2000/svg" width="24" height="29" fill="none"> <title>Icon of check mark inside a promo stamp</title> <desc>It indicates a confirmed selection.</desc> <path fill-rule="evenodd" clip-rule="evenodd" d="M15.12 6.755 12 3.885l-3.12 2.87-4.296-.578-.75 4.065L0 12.177l1.906 3.708L0 19.593l3.834 1.934.75 4.066 4.297-.578L12 27.885l3.12-2.87 4.296.578.75-4.066L24 19.593l-1.906-3.708L24 12.177l-3.834-1.935-.75-4.065-4.297.578Zm1.408 4.13 1.334 1.366-8.144 7.78-4.027-3.81 1.342-1.366 2.685 2.59 6.81-6.56Z" fill="#002aff"></path> </svg> </div> <div> <strong class="financial-product-card__perks-banner__title headline-semibold"> Perks </strong> <p class="financial-product-card__perks-banner__text headline-regular">Offers discounts for bundling your home and auto insurance</p> </div> </div> <div class="financial-product-card__specs"> <div> <div> <strong class="financial-product-card__specs__title headline-semibold"> JD Power Customer Satisfaction Rating </strong> </div> <p class="financial-product-card__specs__text headline-regular">851</p> </div> <div> <div> <strong class="financial-product-card__specs__title headline-semibold"> AM Best Financial Strength Rating </strong> </div> <p class="financial-product-card__specs__text headline-regular">A+</p> </div> </div> </div> <div class="financial-product-card__collapsable-area d-none"> <div class="pros-and-cons pros-and-cons__financial"> <div class="pros-and-cons__subgrid-container" style="grid-row: span 3" data-analytics-product-id="614b7a4313cd0400189e062e" data-analytics-product-brand="Erie Insurance" data-analytics-product-name="Erie Renters Insurance" data-analytics-product-index="3" data-analytics-product-module="financial_product_card" data-analytics-product-area="pros_cons"> <strong class="headline-semibold">Pros</strong> <ul class="pros-and-cons__list"> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Many coverage options for renters</span></li> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Agents available to assist via phone as necessary</span></li> </ul> </div> <div class="pros-and-cons__subgrid-container" style="grid-row: span 4"> <strong class="headline-semibold">Cons</strong> <ul class="pros-and-cons__list"> <li class="pros-and-cons__list-item headline-regular"> <svg xmlns="http://www.w3.org/2000/svg" width="13" height="13" fill="none"> <title>con icon</title> <desc>Two crossed lines that form an 'X'.</desc> <path d="m11.3536 2.5486-1.0173-1.0173L6.5 5.3674 2.6638 1.5313 1.6465 2.5484l3.8362 3.8363-3.8362 3.8363 1.0173 1.0173L6.5 7.4021l3.8363 3.8363 1.0173-1.0173-3.8363-3.8363 3.8363-3.8363Z" fill="#EA0201"></path> </svg> <span>Limited coverage in different states</span></li> <li class="pros-and-cons__list-item headline-regular"> <svg xmlns="http://www.w3.org/2000/svg" width="13" height="13" fill="none"> <title>con icon</title> <desc>Two crossed lines that form an 'X'.</desc> <path d="m11.3536 2.5486-1.0173-1.0173L6.5 5.3674 2.6638 1.5313 1.6465 2.5484l3.8362 3.8363-3.8362 3.8363 1.0173 1.0173L6.5 7.4021l3.8363 3.8363 1.0173-1.0173-3.8363-3.8363 3.8363-3.8363Z" fill="#EA0201"></path> </svg> <span>Pricing may be higher than some competitors</span></li> <li class="pros-and-cons__list-item headline-regular"> <svg xmlns="http://www.w3.org/2000/svg" width="13" height="13" fill="none"> <title>con icon</title> <desc>Two crossed lines that form an 'X'.</desc> <path d="m11.3536 2.5486-1.0173-1.0173L6.5 5.3674 2.6638 1.5313 1.6465 2.5484l3.8362 3.8363-3.8362 3.8363 1.0173 1.0173L6.5 7.4021l3.8363 3.8363 1.0173-1.0173-3.8363-3.8363 3.8363-3.8363Z" fill="#EA0201"></path> </svg> <span>Product is not as online friendly as some competitors</span></li> </ul> </div> </div> <div class="financial-product-card__editorial-opinion"> <strong class="financial-product-card__editorial-opinion__title headline-semibold"> Insider’s Take </strong> <p class="financial-product-card__editorial-opinion__text headline-regular">Erie Insurance is a good option for insurance if you value customer and claims satisfaction. Although it's only in 12 states plus D.C., if available in your state, it's a good option for auto, life, and home insurance.</p> <a class="not-content-link financial-product-card__editorial-opinion__link headline-semibold" target="_blank" href="https://www.businessinsider.com/personal-finance/erie-insurance-review" data-analytics-product-id="614b7a4313cd0400189e062e" data-analytics-product-brand="Erie Insurance" data-analytics-product-name="Erie Renters Insurance" data-analytics-product-index="3" data-analytics-product-module="financial_product_card" data-analytics-product-area="read_our_review" rel=""> Erie Renters Insurance <span class="not-content-link financial-product-card__editorial-opinion__link-icon"> review<svg xmlns="http://www.w3.org/2000/svg" width="16" height="17" fill="none"> <title>External link Arrow</title> <desc>An arrow icon, indicating this redirects the user."</desc> <g clip-path="url(#a)"> <path d="M6.0003 4.2178V5.551h4.3934L2.667 13.2778l.94.94 7.7267-7.7267v4.3933h1.3333V4.2178H6.0003Z"></path> </g> <defs> <clipPath id="a"> <path transform="translate(0 .8848)" d="M0 0h16v16H0z"></path> </clipPath> </defs> </svg></span> </a></div> <div class="financial-product-card__product-details"> <strong class="financial-product-card__product-details__title headline-semibold"> Product Details </strong> <ul class="financial-product-card__product-details__list headline-regular"> <li class="financial-product-card__product-details__list-item">Offers unit safety discount, advance quote discount, and discounts based on your age.</li> </ul> </div> </div> <div class="financial-product-card__collapse-button-container"> <a class="financial-product-card__collapse-button not-content-link headline-semibold" data-analytics-product-id="614b7a4313cd0400189e062e" data-analytics-product-brand="Erie Insurance" data-analytics-product-name="Erie Renters Insurance" data-analytics-product-index="3" data-analytics-product-module="financial_product_card" data-analytics-product-area="pros_cons_and_more" rel=""> <span class="financial-product-card__expander-label">Show Pros, Cons, and More</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="17" fill="none"> <title>chevron down icon</title> <desc>An icon in the shape of an angle pointing down.</desc> <path d="M3.679 6.474a.05.05 0 0 1-.01-.014s-.002-.004-.002-.012V6.44l.001-.001s.002-.005.011-.014l.961-.962c.008-.008.014-.01.014-.01s.004-.002.012-.002h.008l.001.001.004.002a.078.078 0 0 1 .01.01L8 8.771l3.311-3.311c.008-.008.014-.01.014-.01s.004-.002.01-.002h.007l.003.001s.007.003.018.013l.959.96c.009.009.01.013.01.013l.001.002V6.456s-.004.007-.014.018L8.026 10.77a.049.049 0 0 1-.014.01s-.004.002-.012.002h-.008l-.002-.001s-.007-.003-.018-.013L3.68 6.474Z" fill="#002aff"></path> </svg> </a> </div> </div> <div id="allstate-renters-insurance" class="financial-product-card ignore-typography" data-component-type="financial-product-card"> <div class="product-label-container"> <div class="product-label__container"> <span class="product-label headline-regular "> Best for Seniors </span> </div> </div> <div class="financial-product-card__grid-container"> <div class="financial-product-card__product-title headline-semibold ">Allstate Renters Insurance</div> <div class="financial-product-card__cta-container"> <a target="_blank" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters" rel="nofollow noindex" data-analytics-product-id="614b7c3d13cd0400189e0658" data-analytics-product-brand="Allstate" data-analytics-product-name="Allstate Renters Insurance" data-analytics-product-index="4" data-analytics-product-module="financial_product_card" data-analytics-product-area="button" class="financial-product-card__accent-button not-content-link headline-semibold"> Get quotes </a> <div class="financial-product-card__terms-container"> <span class="financial-product-card__issuer headline-regular">compare policies and rates with Policygenius</span> <div class="financial-product-card__footer headline-regular"> </div> </div> </div> <div> <div class="financial-product-card__card-image"> <a target="_blank" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters" rel="nofollow noindex" data-analytics-product-id="614b7c3d13cd0400189e0658" data-analytics-product-brand="Allstate" data-analytics-product-name="Allstate Renters Insurance" data-analytics-product-index="4" data-analytics-product-module="financial_product_card" data-analytics-product-area="image"> <div class="lazy-holder lazy-holder financial-product-card__card-image__bg" style="padding-top: calc(100% * 181 / 289)"> <img class="lazy-image financial-product-card__card-image__bg" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-src="https://i.insider.com/60410ba1b46d720018b04dfa?width=400" alt="Allstate Allstate Renters Insurance"> <noscript> <img src="https://i.insider.com/60410ba1b46d720018b04dfa?width=400" /> </noscript> </div> </a> </div> <div class="financial-product-card__star-container" id="614b7c3d13cd0400189e0658-star-rating"> <strong class="financial-product-card__star-container__label headline-semibold">Insider’s Rating </strong> <div class="star-rating financial-product-card__star-rating"> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.22428255236117356"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.22428255236117356)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.2527786621551349"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.2527786621551349)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.726716728805809"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.726716728805809)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.2160031562516973"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.2160031562516973)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.15247126402753874"> <stop stop-color="#faa809" offset="17%"></stop> <stop stop-color="white" offset="17%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.15247126402753874)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg></div> <span class="financial-product-card__rating_value headline-regular">4.17<span>/5</span></span> </div> </div> <div class="financial-product-card__perks-banner"> <div class="financial-product-card__perks-banner__perks-icon"> <svg xmlns="http://www.w3.org/2000/svg" width="24" height="29" fill="none"> <title>Icon of check mark inside a promo stamp</title> <desc>It indicates a confirmed selection.</desc> <path fill-rule="evenodd" clip-rule="evenodd" d="M15.12 6.755 12 3.885l-3.12 2.87-4.296-.578-.75 4.065L0 12.177l1.906 3.708L0 19.593l3.834 1.934.75 4.066 4.297-.578L12 27.885l3.12-2.87 4.296.578.75-4.066L24 19.593l-1.906-3.708L24 12.177l-3.834-1.935-.75-4.065-4.297.578Zm1.408 4.13 1.334 1.366-8.144 7.78-4.027-3.81 1.342-1.366 2.685 2.59 6.81-6.56Z" fill="#002aff"></path> </svg> </div> <div> <strong class="financial-product-card__perks-banner__title headline-semibold"> Perks </strong> <p class="financial-product-card__perks-banner__text headline-regular">Offers discounts and discounts for bundling your home and auto insurance</p> </div> </div> <div class="financial-product-card__specs"> <div> <div> <strong class="financial-product-card__specs__title headline-semibold"> JD Power Customer Satisfaction Rating </strong> </div> <p class="financial-product-card__specs__text headline-regular">837</p> </div> <div> <div> <strong class="financial-product-card__specs__title headline-semibold"> AM Best Financial Strength Rating </strong> </div> <p class="financial-product-card__specs__text headline-regular">A+</p> </div> </div> </div> <div class="financial-product-card__collapsable-area d-none"> <div class="pros-and-cons pros-and-cons__financial"> <div class="pros-and-cons__subgrid-container" style="grid-row: span 4" data-analytics-product-id="614b7c3d13cd0400189e0658" data-analytics-product-brand="Allstate" data-analytics-product-name="Allstate Renters Insurance" data-analytics-product-index="4" data-analytics-product-module="financial_product_card" data-analytics-product-area="pros_cons"> <strong class="headline-semibold">Pros</strong> <ul class="pros-and-cons__list"> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Nationwide provider</span></li> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>High rankings for customer service with JD Power</span></li> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Multi-policy discounts available</span></li> </ul> </div> <div class="pros-and-cons__subgrid-container" style="grid-row: span 3"> <strong class="headline-semibold">Cons</strong> <ul class="pros-and-cons__list"> <li class="pros-and-cons__list-item headline-regular"> <svg xmlns="http://www.w3.org/2000/svg" width="13" height="13" fill="none"> <title>con icon</title> <desc>Two crossed lines that form an 'X'.</desc> <path d="m11.3536 2.5486-1.0173-1.0173L6.5 5.3674 2.6638 1.5313 1.6465 2.5484l3.8362 3.8363-3.8362 3.8363 1.0173 1.0173L6.5 7.4021l3.8363 3.8363 1.0173-1.0173-3.8363-3.8363 3.8363-3.8363Z" fill="#EA0201"></path> </svg> <span>Policies are only available through a licensed captive Allstate agent</span></li> <li class="pros-and-cons__list-item headline-regular"> <svg xmlns="http://www.w3.org/2000/svg" width="13" height="13" fill="none"> <title>con icon</title> <desc>Two crossed lines that form an 'X'.</desc> <path d="m11.3536 2.5486-1.0173-1.0173L6.5 5.3674 2.6638 1.5313 1.6465 2.5484l3.8362 3.8363-3.8362 3.8363 1.0173 1.0173L6.5 7.4021l3.8363 3.8363 1.0173-1.0173-3.8363-3.8363 3.8363-3.8363Z" fill="#EA0201"></path> </svg> <span>Customer reviews around claims are mixed</span></li> </ul> </div> </div> <div class="financial-product-card__editorial-opinion"> <strong class="financial-product-card__editorial-opinion__title headline-semibold"> Insider’s Take </strong> <p class="financial-product-card__editorial-opinion__text headline-regular">Allstate has a national presence and low rates in auto and life insurance. It also provides excellent customer service across various products.</p> <a class="not-content-link financial-product-card__editorial-opinion__link headline-semibold" target="_blank" href="https://www.businessinsider.com/personal-finance/allstate-insurance-review" data-analytics-product-id="614b7c3d13cd0400189e0658" data-analytics-product-brand="Allstate" data-analytics-product-name="Allstate Renters Insurance" data-analytics-product-index="4" data-analytics-product-module="financial_product_card" data-analytics-product-area="read_our_review" rel=""> Allstate Renters Insurance <span class="not-content-link financial-product-card__editorial-opinion__link-icon"> review<svg xmlns="http://www.w3.org/2000/svg" width="16" height="17" fill="none"> <title>External link Arrow</title> <desc>An arrow icon, indicating this redirects the user."</desc> <g clip-path="url(#a)"> <path d="M6.0003 4.2178V5.551h4.3934L2.667 13.2778l.94.94 7.7267-7.7267v4.3933h1.3333V4.2178H6.0003Z"></path> </g> <defs> <clipPath id="a"> <path transform="translate(0 .8848)" d="M0 0h16v16H0z"></path> </clipPath> </defs> </svg></span> </a></div> <div class="financial-product-card__product-details"> <strong class="financial-product-card__product-details__title headline-semibold"> Product Details </strong> <ul class="financial-product-card__product-details__list headline-regular"> <li class="financial-product-card__product-details__list-item">Starts at $4 a month when bundled with an auto policy.</li> </ul> </div> </div> <div class="financial-product-card__collapse-button-container"> <a class="financial-product-card__collapse-button not-content-link headline-semibold" data-analytics-product-id="614b7c3d13cd0400189e0658" data-analytics-product-brand="Allstate" data-analytics-product-name="Allstate Renters Insurance" data-analytics-product-index="4" data-analytics-product-module="financial_product_card" data-analytics-product-area="pros_cons_and_more" rel=""> <span class="financial-product-card__expander-label">Show Pros, Cons, and More</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="17" fill="none"> <title>chevron down icon</title> <desc>An icon in the shape of an angle pointing down.</desc> <path d="M3.679 6.474a.05.05 0 0 1-.01-.014s-.002-.004-.002-.012V6.44l.001-.001s.002-.005.011-.014l.961-.962c.008-.008.014-.01.014-.01s.004-.002.012-.002h.008l.001.001.004.002a.078.078 0 0 1 .01.01L8 8.771l3.311-3.311c.008-.008.014-.01.014-.01s.004-.002.01-.002h.007l.003.001s.007.003.018.013l.959.96c.009.009.01.013.01.013l.001.002V6.456s-.004.007-.014.018L8.026 10.77a.049.049 0 0 1-.014.01s-.004.002-.012.002h-.008l-.002-.001s-.007-.003-.018-.013L3.68 6.474Z" fill="#002aff"></path> </svg> </a> </div> </div> <div id="farmers-renters-insurance" class="financial-product-card ignore-typography" data-component-type="financial-product-card"> <div class="product-label-container"> <div class="product-label__container"> <span class="product-label headline-regular "> Best for Business Professionals </span> </div> </div> <div class="financial-product-card__grid-container"> <div class="financial-product-card__product-title headline-semibold ">Farmers Renters Insurance</div> <div class="financial-product-card__cta-container"> <a target="_blank" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters" rel="nofollow noindex" data-analytics-product-id="614b7e79494524001874c1dc" data-analytics-product-brand="Farmers" data-analytics-product-name="Farmers Renters Insurance" data-analytics-product-index="5" data-analytics-product-module="financial_product_card" data-analytics-product-area="button" class="financial-product-card__accent-button not-content-link headline-semibold"> Get quotes </a> <div class="financial-product-card__terms-container"> <span class="financial-product-card__issuer headline-regular">compare policies and rates with Policygenius</span> <div class="financial-product-card__footer headline-regular"> </div> </div> </div> <div> <div class="financial-product-card__card-image"> <a target="_blank" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters" rel="nofollow noindex" data-analytics-product-id="614b7e79494524001874c1dc" data-analytics-product-brand="Farmers" data-analytics-product-name="Farmers Renters Insurance" data-analytics-product-index="5" data-analytics-product-module="financial_product_card" data-analytics-product-area="image"> <div class="lazy-holder lazy-holder financial-product-card__card-image__bg" style="padding-top: calc(100% * 181 / 289)"> <img class="lazy-image financial-product-card__card-image__bg" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-src="https://i.insider.com/614b7dd0c2c9630018f5d8c8?width=400" alt="Farmers Farmers Renters Insurance"> <noscript> <img src="https://i.insider.com/614b7dd0c2c9630018f5d8c8?width=400" /> </noscript> </div> </a> </div> <div class="financial-product-card__star-container" id="614b7e79494524001874c1dc-star-rating"> <strong class="financial-product-card__star-container__label headline-semibold">Insider’s Rating </strong> <div class="star-rating financial-product-card__star-rating"> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.3942890710669078"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.3942890710669078)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.5324095244062035"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.5324095244062035)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.4259945758209369"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.4259945758209369)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.1701311836000321"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.1701311836000321)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.5356101764442676"> <stop stop-color="#faa809" offset="67%"></stop> <stop stop-color="white" offset="67%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.5356101764442676)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg></div> <span class="financial-product-card__rating_value headline-regular">4.67<span>/5</span></span> </div> </div> <div class="financial-product-card__perks-banner"> <div class="financial-product-card__perks-banner__perks-icon"> <svg xmlns="http://www.w3.org/2000/svg" width="24" height="29" fill="none"> <title>Icon of check mark inside a promo stamp</title> <desc>It indicates a confirmed selection.</desc> <path fill-rule="evenodd" clip-rule="evenodd" d="M15.12 6.755 12 3.885l-3.12 2.87-4.296-.578-.75 4.065L0 12.177l1.906 3.708L0 19.593l3.834 1.934.75 4.066 4.297-.578L12 27.885l3.12-2.87 4.296.578.75-4.066L24 19.593l-1.906-3.708L24 12.177l-3.834-1.935-.75-4.065-4.297.578Zm1.408 4.13 1.334 1.366-8.144 7.78-4.027-3.81 1.342-1.366 2.685 2.59 6.81-6.56Z" fill="#002aff"></path> </svg> </div> <div> <strong class="financial-product-card__perks-banner__title headline-semibold"> Perks </strong> <p class="financial-product-card__perks-banner__text headline-regular">Offers array of discounts and bundling options</p> </div> </div> <div class="financial-product-card__specs"> <div> <div> <strong class="financial-product-card__specs__title headline-semibold"> JD Power Customer Satisfaction Rating </strong> </div> <p class="financial-product-card__specs__text headline-regular">831</p> </div> <div> <div> <strong class="financial-product-card__specs__title headline-semibold"> AM Best Financial Strength Rating </strong> </div> <p class="financial-product-card__specs__text headline-regular">A</p> </div> </div> </div> <div class="financial-product-card__collapsable-area d-none"> <div class="pros-and-cons pros-and-cons__financial"> <div class="pros-and-cons__subgrid-container" style="grid-row: span 4" data-analytics-product-id="614b7e79494524001874c1dc" data-analytics-product-brand="Farmers" data-analytics-product-name="Farmers Renters Insurance" data-analytics-product-index="5" data-analytics-product-module="financial_product_card" data-analytics-product-area="pros_cons"> <strong class="headline-semibold">Pros</strong> <ul class="pros-and-cons__list"> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Bundling discounts available</span></li> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Identity theft coverage available </span></li> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Low prices and low complaints overall</span></li> </ul> </div> <div class="pros-and-cons__subgrid-container" style="grid-row: span 2"> <strong class="headline-semibold">Cons</strong> <ul class="pros-and-cons__list"> <li class="pros-and-cons__list-item headline-regular"> <svg xmlns="http://www.w3.org/2000/svg" width="13" height="13" fill="none"> <title>con icon</title> <desc>Two crossed lines that form an 'X'.</desc> <path d="m11.3536 2.5486-1.0173-1.0173L6.5 5.3674 2.6638 1.5313 1.6465 2.5484l3.8362 3.8363-3.8362 3.8363 1.0173 1.0173L6.5 7.4021l3.8363 3.8363 1.0173-1.0173-3.8363-3.8363 3.8363-3.8363Z" fill="#EA0201"></path> </svg> <span>Prices may be higher than some of the top competitors</span></li> </ul> </div> </div> <div class="financial-product-card__editorial-opinion"> <strong class="financial-product-card__editorial-opinion__title headline-semibold"> Insider’s Take </strong> <p class="financial-product-card__editorial-opinion__text headline-regular">Farmers offers auto, homeowners, and life insurance. It's been around since 1928 and generally has good marks for customer satisfaction. While its auto insurance may be an expensive option for some customers, Farmers offers a number of discounts to curtail the cost.</p> <a class="not-content-link financial-product-card__editorial-opinion__link headline-semibold" target="_blank" href="https://www.businessinsider.com/personal-finance/farmers-insurance-review" data-analytics-product-id="614b7e79494524001874c1dc" data-analytics-product-brand="Farmers" data-analytics-product-name="Farmers Renters Insurance" data-analytics-product-index="5" data-analytics-product-module="financial_product_card" data-analytics-product-area="read_our_review" rel=""> Farmers <span class="not-content-link financial-product-card__editorial-opinion__link-icon"> review<svg xmlns="http://www.w3.org/2000/svg" width="16" height="17" fill="none"> <title>External link Arrow</title> <desc>An arrow icon, indicating this redirects the user."</desc> <g clip-path="url(#a)"> <path d="M6.0003 4.2178V5.551h4.3934L2.667 13.2778l.94.94 7.7267-7.7267v4.3933h1.3333V4.2178H6.0003Z"></path> </g> <defs> <clipPath id="a"> <path transform="translate(0 .8848)" d="M0 0h16v16H0z"></path> </clipPath> </defs> </svg></span> </a></div> <div class="financial-product-card__product-details"> <strong class="financial-product-card__product-details__title headline-semibold"> Product Details </strong> <ul class="financial-product-card__product-details__list headline-regular"> <li class="financial-product-card__product-details__list-item">Discounts for home safety and being a nonsmoker</li> </ul> </div> </div> <div class="financial-product-card__collapse-button-container"> <a class="financial-product-card__collapse-button not-content-link headline-semibold" data-analytics-product-id="614b7e79494524001874c1dc" data-analytics-product-brand="Farmers" data-analytics-product-name="Farmers Renters Insurance" data-analytics-product-index="5" data-analytics-product-module="financial_product_card" data-analytics-product-area="pros_cons_and_more" rel=""> <span class="financial-product-card__expander-label">Show Pros, Cons, and More</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="17" fill="none"> <title>chevron down icon</title> <desc>An icon in the shape of an angle pointing down.</desc> <path d="M3.679 6.474a.05.05 0 0 1-.01-.014s-.002-.004-.002-.012V6.44l.001-.001s.002-.005.011-.014l.961-.962c.008-.008.014-.01.014-.01s.004-.002.012-.002h.008l.001.001.004.002a.078.078 0 0 1 .01.01L8 8.771l3.311-3.311c.008-.008.014-.01.014-.01s.004-.002.01-.002h.007l.003.001s.007.003.018.013l.959.96c.009.009.01.013.01.013l.001.002V6.456s-.004.007-.014.018L8.026 10.77a.049.049 0 0 1-.014.01s-.004.002-.012.002h-.008l-.002-.001s-.007-.003-.018-.013L3.68 6.474Z" fill="#002aff"></path> </svg> </a> </div> </div> <div id="usaa-renters-insurance" class="financial-product-card ignore-typography" data-component-type="financial-product-card"> <div class="product-label-container"> <div class="product-label__container"> <span class="product-label headline-regular "> Best for Military Members </span> </div> </div> <div class="financial-product-card__grid-container"> <div class="financial-product-card__product-title headline-semibold ">USAA Renters Insurance</div> <div class="financial-product-card__cta-container"> <a target="_blank" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters" rel="nofollow noindex" data-analytics-product-id="614b7fa3494524001874c1e1" data-analytics-product-brand="USAA" data-analytics-product-name="USAA Renters Insurance" data-analytics-product-index="6" data-analytics-product-module="financial_product_card" data-analytics-product-area="button" class="financial-product-card__accent-button not-content-link headline-semibold"> Get quotes </a> <div class="financial-product-card__terms-container"> <span class="financial-product-card__issuer headline-regular">compare policies and rates with Policygenius</span> <div class="financial-product-card__footer headline-regular"> </div> </div> </div> <div> <div class="financial-product-card__card-image"> <a target="_blank" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters" rel="nofollow noindex" data-analytics-product-id="614b7fa3494524001874c1e1" data-analytics-product-brand="USAA" data-analytics-product-name="USAA Renters Insurance" data-analytics-product-index="6" data-analytics-product-module="financial_product_card" data-analytics-product-area="image"> <div class="lazy-holder lazy-holder financial-product-card__card-image__bg" style="padding-top: calc(100% * 181 / 289)"> <img class="lazy-image financial-product-card__card-image__bg" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-src="https://i.insider.com/60410bc92dc9010018355639?width=400" alt="USAA USAA Renters Insurance"> <noscript> <img src="https://i.insider.com/60410bc92dc9010018355639?width=400" /> </noscript> </div> </a> </div> <div class="financial-product-card__star-container" id="614b7fa3494524001874c1e1-star-rating"> <strong class="financial-product-card__star-container__label headline-semibold">Insider’s Rating </strong> <div class="star-rating financial-product-card__star-rating"> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.04112477977376883"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.04112477977376883)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.32824824358029514"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.32824824358029514)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.2876285422482674"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.2876285422482674)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.5351999498248461"> <stop stop-color="#faa809" offset="100%"></stop> <stop stop-color="white" offset="100%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.5351999498248461)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg> <svg class="svg-icon star-outline-icon " role="img" width="60" height="57.1" viewBox="0 0 60 57.1" xmlns="http://www.w3.org/2000/svg"> <desc>A five pointed star</desc> <defs> <linearGradient id="Gradient_0.98491516547049"> <stop stop-color="#faa809" offset="67%"></stop> <stop stop-color="white" offset="67%"></stop> </linearGradient> </defs> <path fill="url(#Gradient_0.98491516547049)" stroke="#faa809" d="M30 44.2L11.5 57.1 18 35.4 0 21.8l22.6-.5L30 0l7.4 21.3 22.6.5-18 13.6 6.5 21.7z"></path> </svg></div> <span class="financial-product-card__rating_value headline-regular">4.67<span>/5</span></span> </div> </div> <div class="financial-product-card__perks-banner"> <div class="financial-product-card__perks-banner__perks-icon"> <svg xmlns="http://www.w3.org/2000/svg" width="24" height="29" fill="none"> <title>Icon of check mark inside a promo stamp</title> <desc>It indicates a confirmed selection.</desc> <path fill-rule="evenodd" clip-rule="evenodd" d="M15.12 6.755 12 3.885l-3.12 2.87-4.296-.578-.75 4.065L0 12.177l1.906 3.708L0 19.593l3.834 1.934.75 4.066 4.297-.578L12 27.885l3.12-2.87 4.296.578.75-4.066L24 19.593l-1.906-3.708L24 12.177l-3.834-1.935-.75-4.065-4.297.578Zm1.408 4.13 1.334 1.366-8.144 7.78-4.027-3.81 1.342-1.366 2.685 2.59 6.81-6.56Z" fill="#002aff"></path> </svg> </div> <div> <strong class="financial-product-card__perks-banner__title headline-semibold"> Perks </strong> <p class="financial-product-card__perks-banner__text headline-regular">Offers discounts and discounts on bundling</p> </div> </div> <div class="financial-product-card__specs"> <div> <div> <strong class="financial-product-card__specs__title headline-semibold"> JD Power Customer Satisfaction Rating </strong> </div> <p class="financial-product-card__specs__text headline-regular">886</p> </div> <div> <div> <strong class="financial-product-card__specs__title headline-semibold"> AM Best Financial Strength Rating </strong> </div> <p class="financial-product-card__specs__text headline-regular">A++</p> </div> </div> </div> <div class="financial-product-card__collapsable-area d-none"> <div class="pros-and-cons pros-and-cons__financial"> <div class="pros-and-cons__subgrid-container" style="grid-row: span 4" data-analytics-product-id="614b7fa3494524001874c1e1" data-analytics-product-brand="USAA" data-analytics-product-name="USAA Renters Insurance" data-analytics-product-index="6" data-analytics-product-module="financial_product_card" data-analytics-product-area="pros_cons"> <strong class="headline-semibold">Pros</strong> <ul class="pros-and-cons__list"> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Offers low prices and further discounts</span></li> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Available in all 50 states and Washington DC</span></li> <li class="pros-and-cons__list-item headline-regular"><svg xmlns="http://www.w3.org/2000/svg" width="12" height="13" fill="none"> <title>Check mark icon</title> <desc>A check mark. It indicates a confirmation of your intended interaction.</desc> <path d="m11.7867 3.1745-1.2679-1.366-6.4774 6.5606L1.4879 5.779.2119 7.1456l3.8302 3.8098 7.7446-7.7808Z" fill="#098941"></path> </svg> <span>Policies include flood and earthquake coverage without extra charges</span></li> </ul> </div> <div class="pros-and-cons__subgrid-container" style="grid-row: span 2"> <strong class="headline-semibold">Cons</strong> <ul class="pros-and-cons__list"> <li class="pros-and-cons__list-item headline-regular"> <svg xmlns="http://www.w3.org/2000/svg" width="13" height="13" fill="none"> <title>con icon</title> <desc>Two crossed lines that form an 'X'.</desc> <path d="m11.3536 2.5486-1.0173-1.0173L6.5 5.3674 2.6638 1.5313 1.6465 2.5484l3.8362 3.8363-3.8362 3.8363 1.0173 1.0173L6.5 7.4021l3.8363 3.8363 1.0173-1.0173-3.8363-3.8363 3.8363-3.8363Z" fill="#EA0201"></path> </svg> <span>USAA products directed exclusively at military members and veterans</span></li> </ul> </div> </div> <div class="financial-product-card__editorial-opinion"> <strong class="financial-product-card__editorial-opinion__title headline-semibold"> Insider’s Take </strong> <p class="financial-product-card__editorial-opinion__text headline-regular">USAA offers auto, homeowners, and life insurance with a proven record on customer service. Although its auto and homeowners is only available to military and veterans, its life insurance is open to the public. If you're looking for an established insurer with good customer satisfaction and reasonable rates, USAA delivers.</p> <a class="not-content-link financial-product-card__editorial-opinion__link headline-semibold" target="_blank" href="https://www.businessinsider.com/personal-finance/usaa-insurance-review" data-analytics-product-id="614b7fa3494524001874c1e1" data-analytics-product-brand="USAA" data-analytics-product-name="USAA Renters Insurance" data-analytics-product-index="6" data-analytics-product-module="financial_product_card" data-analytics-product-area="read_our_review" rel=""> USAA <span class="not-content-link financial-product-card__editorial-opinion__link-icon"> review<svg xmlns="http://www.w3.org/2000/svg" width="16" height="17" fill="none"> <title>External link Arrow</title> <desc>An arrow icon, indicating this redirects the user."</desc> <g clip-path="url(#a)"> <path d="M6.0003 4.2178V5.551h4.3934L2.667 13.2778l.94.94 7.7267-7.7267v4.3933h1.3333V4.2178H6.0003Z"></path> </g> <defs> <clipPath id="a"> <path transform="translate(0 .8848)" d="M0 0h16v16H0z"></path> </clipPath> </defs> </svg></span> </a></div> <div class="financial-product-card__product-details"> <strong class="financial-product-card__product-details__title headline-semibold"> Product Details </strong> <ul class="financial-product-card__product-details__list headline-regular"> <li class="financial-product-card__product-details__list-item">Renters insurance for military and veterans</li> <li class="financial-product-card__product-details__list-item">Save up to 10% when you bundle your renters and auto policy. </li> <li class="financial-product-card__product-details__list-item">Includes flood coverage and earthquake coverage.</li> </ul> </div> </div> <div class="financial-product-card__collapse-button-container"> <a class="financial-product-card__collapse-button not-content-link headline-semibold" data-analytics-product-id="614b7fa3494524001874c1e1" data-analytics-product-brand="USAA" data-analytics-product-name="USAA Renters Insurance" data-analytics-product-index="6" data-analytics-product-module="financial_product_card" data-analytics-product-area="pros_cons_and_more" rel=""> <span class="financial-product-card__expander-label">Show Pros, Cons, and More</span> <svg xmlns="http://www.w3.org/2000/svg" width="16" height="17" fill="none"> <title>chevron down icon</title> <desc>An icon in the shape of an angle pointing down.</desc> <path d="M3.679 6.474a.05.05 0 0 1-.01-.014s-.002-.004-.002-.012V6.44l.001-.001s.002-.005.011-.014l.961-.962c.008-.008.014-.01.014-.01s.004-.002.012-.002h.008l.001.001.004.002a.078.078 0 0 1 .01.01L8 8.771l3.311-3.311c.008-.008.014-.01.014-.01s.004-.002.01-.002h.007l.003.001s.007.003.018.013l.959.96c.009.009.01.013.01.013l.001.002V6.456s-.004.007-.014.018L8.026 10.77a.049.049 0 0 1-.014.01s-.004.002-.012.002h-.008l-.002-.001s-.007-.003-.018-.013L3.68 6.474Z" fill="#002aff"></path> </svg> </a> </div> </div><h2>Renters Insurance Company Reviews</h2><h3 data-toc-label="Lemonade Renters Insurance" id="lemonade-renters-insurance" class="toc-anchor">Best Overall: Lemonade Renters Insurance</h3><p><a target="_blank" rel="nofollow noopener" data-analytics-product-module="body_link" data-analytics-product-id="614b7b4e494524001874c183" data-analytics-product-brand="Lemonade" data-analytics-product-name="Lemonade Renters Insurance" href="https://secure.money.com/pr/cbe61b645909">Lemonade Renters Insurance</a> is an easy-to-use digital platform provider that offers affordable coverage. Lemonade isn't available in all states, but it has good customer service ratings.</p><p>The average renters insurance, according to some reports, costs $174 annually or $14.50 per month. According to Insurify, Lemonade starts at $5 a month, significantly more affordable than the national average. However, your renters insurance will be based on several factors like where you live.</p><p><a href="https://www.businessinsider.com/personal-finance/lemonade-homeowners-insurance-review" data-analytics-product-module="body_link" rel="">Lemonade homeowners insurance review</a></p><h3 data-toc-label="State Farm Renters Insurance" id="state-farm-renters-insurance" class="toc-anchor">Best for Cheap Renters Insurance: State Farm Renters Insurance</h3><p><a target="_blank" rel="nofollow noopener" data-analytics-product-module="body_link" data-analytics-product-id="614b79461ccd11001141ba61" data-analytics-product-brand="State Farm" data-analytics-product-name="State Farm Renters Insurance" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters">State Farm Renters Insurance</a> is an established insurance company that receives high customer and claims satisfaction marks.</p><p>The average annual premium for renters insurance is about $173, according to the Insurance Institute. However, bundling discounts may lower costs (if you bundle it with your auto or other insurance). Some apartment buildings also partner with specialty renters insurance companies, which offer more coverage and exclusive perks as long as you live in a certain building.</p><p><a href="https://www.businessinsider.com/personal-finance/state-farm-homeowners-insurance-review" data-analytics-product-module="body_link" rel="">State Farm home insurance review</a></p><h3 data-toc-label="Erie Renters Insurance" id="erie-renters-insurance" class="toc-anchor">Best for Discounts: Erie Renters Insurance</h3><p><a target="_blank" rel="nofollow noopener" data-analytics-product-module="body_link" data-analytics-product-id="614b7a4313cd0400189e062e" data-analytics-product-brand="Erie Insurance" data-analytics-product-name="Erie Renters Insurance" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters">Erie Renters Insurance</a> only operates in 12 states and Washington, D.C. It won't make sense for everyone, but it does have a reputation for good customer service and claims satisfaction in the regions where it does operate. Erie Insurance is known for its low prices across the board, however, it also offers a number of discounts to curtail your premiums even further.</p><p>Erie's renters insurance starts at $15 a month, slightly below the national average. However, your renters insurance will be based on several factors, like where you live.</p><p><a href="https://www.businessinsider.com/personal-finance/erie-homeowners-insurance-review" data-analytics-product-module="body_link" rel="">Erie home insurance review</a></p><h3 data-toc-label="Allstate Renters Insurance" id="allstate-renters-insurance" class="toc-anchor">Best for Seniors: Allstate Renters Insurance</h3><p><a target="_blank" rel="nofollow noopener" data-analytics-product-module="body_link" data-analytics-product-id="614b7c3d13cd0400189e0658" data-analytics-product-brand="Allstate" data-analytics-product-name="Allstate Renters Insurance" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters">Allstate Renters Insurance</a> is a national carrier that ranks well for customer service, but its insurance premiums aren't always the cheapest. However, Allstate has a discount that allows renters who are 55 years or older to enjoy 25% of their premiums.</p><p>Insurify finds Allstate monthly premiums start at $15 monthly, which is on par with the national average. Allstate is known for its bundling and other discounts. So if you're already a loyal Allstate company, you'll probably find your most competitive rates here. Allstate's personalized service with captive agents may also appeal to seniors.</p><p><a href="https://www.businessinsider.com/personal-finance/allstate-homeowners-insurance-review" data-analytics-product-module="body_link" rel="">Allstate home insurance review</a></p><h3 data-toc-label="Farmers Renters Insurance" id="farmers-renters-insurance" class="toc-anchor">Best for Business Professionals: Farmers Renters Insurance</h3><p><a target="_blank" rel="nofollow noopener" data-analytics-product-module="body_link" data-analytics-product-id="614b7e79494524001874c1dc" data-analytics-product-brand="Farmers" data-analytics-product-name="Farmers Renters Insurance" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters">Farmers</a> takes the seventh spot in <a href="https://www.jdpower.com/sites/default/files/file/2023-09/2023116%20U.S.%20Home%20Insurance.pdf" target="_blank" rel="noopener nofollow" data-analytics-product-module="body_link">J.D. Power's renters insurance customer satisfaction survey</a>. You may qualify for a discount if you are a business professional such as a doctor, nurse, engineer, dentist, teacher, police officer, or firefighter. You can obtain a quote by speaking to a Farmers insurance representative.</p><p><a href="https://www.businessinsider.com/personal-finance/farmers-homeowners-insurance-review" data-analytics-product-module="body_link" rel="">Farmers home insurance review</a></p><h3 data-toc-label="USAA Renters Insurance" id="usaa-renters-insurance" class="toc-anchor">Best for Military Members: USAA Renters Insurance</h3><p>If you're in the military or a veteran, <a target="_blank" rel="nofollow noopener" data-analytics-product-module="body_link" data-analytics-product-id="614b7fa3494524001874c1e1" data-analytics-product-brand="USAA" data-analytics-product-name="USAA Renters Insurance" href="http://policygenius.go2cloud.org/aff_c?offer_id=70&aff_id=1592&redirect_slug=businessinsider-renters">USAA</a> is an option worth considering. Its life insurance is the only product open to non-military customers.</p><p>Insurify states USAA is priced at $10 a month, significantly more affordable than the national average. However, as you may already know, USAA insurance coverage is limited to US military members, veterans, and their immediate families. Civilian renters are not eligible for its rock-bottom pricing.</p><p><a href="https://www.businessinsider.com/personal-finance/usaa-homeowners-insurance-review" data-analytics-product-module="body_link" rel="">USAA home insurance review</a></p><h2><strong>Average Cost of</strong><strong> Renters Insurance by State</strong></h2><p>Like <a href="https://www.businessinsider.com/personal-finance/homeowners-insurance" data-analytics-product-module="body_link" rel="">homeowners insurance</a> and <a href="https://www.businessinsider.com/personal-finance/best-cheap-car-insurance-companies" rel="noopener" data-analytics-product-module="body_link">car insurance</a>, the cost of renters insurance will vary by state. Where you live will play a significant role in the amount you pay in premiums.</p><p>Here's the average annual premium for renters insurance by state, according to the <a href="https://www.iii.org/fact-statistic/facts-statistics-renters-insurance#Average%20Premiums%20For%20Homeowners%20And%20Renters%20Insurance%20By%20State,%202020%20(1)" target="_blank" rel="noopener nofollow" data-analytics-product-module="body_link">Insurance Information Institute</a>.</p><div class="horizontal-scroll"><table style="height: 1136px; width: 29.8701%; border-collapse: collapse;" border="1" cellpadding="10px" class="table-content"><tbody class="table-content-body"><tr style="height: 65px;"><td style="width: 5.84413%; height: 65px;" class="headline-regular headline-semibold"><strong class="headline-regular headline-semibold">State</strong></td><td style="width: 1.2987%; height: 65px;" class="headline-regular headline-semibold"><strong class="headline-regular headline-semibold">Average annual premium</strong></td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Alabama"}" class="headline-regular headline-semibold">Alabama</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$225</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Alaska"}" class="headline-regular headline-semibold">Alaska</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$186</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Arizona"}" class="headline-regular headline-semibold">Arizona</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$164</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Arkansas"}" class="headline-regular headline-semibold">Arkansas</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$210</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"California"}" class="headline-regular headline-semibold">California</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$171</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Colorado"}" class="headline-regular headline-semibold">Colorado</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$161</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Connecticut"}" class="headline-regular headline-semibold">Connecticut</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$180</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Delaware"}" class="headline-regular headline-semibold">Delaware</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$151</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" class="headline-regular headline-semibold">District of Columbia</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$159</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Florida"}" class="headline-regular headline-semibold">Florida</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$182</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Georgia"}" class="headline-regular headline-semibold">Georgia</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$212</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Hawaii"}" class="headline-regular headline-semibold">Hawaii</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$176</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Idaho"}" class="headline-regular headline-semibold">Idaho</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$148</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Illinois"}" class="headline-regular headline-semibold">Illinois</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$157</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Indiana"}" class="headline-regular headline-semibold">Indiana</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$164</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Iowa"}" class="headline-regular headline-semibold">Iowa</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$136</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Kansas"}" class="headline-regular headline-semibold">Kansas</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$162</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Kentucky"}" class="headline-regular headline-semibold">Kentucky</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$157</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Louisiana"}" class="headline-regular headline-semibold">Louisiana</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$247</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Maine"}" class="headline-regular headline-semibold">Maine</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$148</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Maryland"}" class="headline-regular headline-semibold">Maryland</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$160</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Massachusetts"}" class="headline-regular headline-semibold">Massachusetts</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$172</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Michigan"}" class="headline-regular headline-semibold">Michigan</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$181</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Minnesota"}" class="headline-regular headline-semibold">Minnesota</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$134</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Mississippi"}" class="headline-regular headline-semibold">Mississippi</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$256</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Missouri"}" class="headline-regular headline-semibold">Missouri</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$172</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Montana"}" class="headline-regular headline-semibold">Montana</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$153</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Nebraska"}" class="headline-regular headline-semibold">Nebraska</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$143</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Nevada"}" class="headline-regular headline-semibold">Nevada</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$179</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"New Hampshire"}" class="headline-regular headline-semibold">New Hampshire</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$147</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"New Jersey"}" class="headline-regular headline-semibold">New Jersey</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$154</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"New Mexico"}" class="headline-regular headline-semibold">New Mexico</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$180</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"New York"}" class="headline-regular headline-semibold">New York</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$173</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"North Carolina"}" class="headline-regular headline-semibold">North Carolina</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$160</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"North Dakota"}" class="headline-regular headline-semibold">North Dakota</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$116</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Ohio"}" class="headline-regular headline-semibold">Ohio</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$162</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Oklahoma"}" class="headline-regular headline-semibold">Oklahoma</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$226</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Oregon"}" class="headline-regular headline-semibold">Oregon</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$154</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Pennsylvania"}" class="headline-regular headline-semibold">Pennsylvania</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$152</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Rhode Island"}" class="headline-regular headline-semibold">Rhode Island</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$183</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"South Carolina"}" class="headline-regular headline-semibold">South Carolina</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$186</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"South Dakota"}" class="headline-regular headline-semibold">South Dakota</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$118</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Tennessee"}" class="headline-regular headline-semibold">Tennessee</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$187</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Texas"}" class="headline-regular headline-semibold">Texas</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$216</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Utah"}" class="headline-regular headline-semibold">Utah</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$147</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Vermont"}" class="headline-regular headline-semibold">Vermont</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$151</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Virginia"}" class="headline-regular headline-semibold">Virginia</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$152</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Washington"}" class="headline-regular headline-semibold">Washington</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$158</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"West Virginia"}" class="headline-regular headline-semibold">West Virginia</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$179</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Wisconsin"}" class="headline-regular headline-semibold">Wisconsin</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$128</td></tr><tr style="height: 21px;"><td style="width: 5.84413%; height: 21px;" data-sheets-value="{"1":2,"2":"Wyoming"}" class="headline-regular headline-semibold">Wyoming</td><td style="width: 1.2987%; height: 21px;" class="headline-regular">$146</td></tr></tbody></table></div><h2 data-toc-label="FAQs" id="faqs" class="toc-anchor"><strong>Renters Insurance Tips</strong></h2> <div class="collapsable-faq collapsable-faq-dropdown" data-parent-index="" data-component-type="collapsable-faq" data-root-margin="0px 0px 100% 0px"> <div class="collapsable-faq-dropdown_header"> <span class="collapsable-faq-dropdown_text headline-semibold faq-question"> What does renters insurance cover? </span> <span class="collapsable-faq-dropdown_chevron"> <svg class="svg-icon chevron-icon " data-chevron-icon="" role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewBox="0 0 14.4 8.4" id="chevron-icon"> <title>Chevron icon</title> <desc>It indicates an expandable section or menu, or sometimes previous / next navigation options.</desc> <path class="chevron" fill="none" stroke="#76767a" stroke-linecap="square" d="M.7.7l6.5 7 6.5-7"></path> </svg> </span> </div> <div class="collapsable-faq-dropdown_wrap"> <div class="collapsable-faq-dropdown_content"> <p class="faq-answer">Renters insurance covers personal property when damaged by a covered peril, or a loss listed in your policy, like fire, smoke, theft, and storms. Your landlord's insurance policy will typically cover the building and the structure, and your insurance covers anything inside your home.</p> </div> </div> </div> <div class="collapsable-faq collapsable-faq-dropdown" data-parent-index="" data-component-type="collapsable-faq" data-root-margin="0px 0px 100% 0px"> <div class="collapsable-faq-dropdown_header"> <span class="collapsable-faq-dropdown_text headline-semibold faq-question"> How much does renters insurance cost? </span> <span class="collapsable-faq-dropdown_chevron"> <svg class="svg-icon chevron-icon " data-chevron-icon="" role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewBox="0 0 14.4 8.4" id="chevron-icon"> <title>Chevron icon</title> <desc>It indicates an expandable section or menu, or sometimes previous / next navigation options.</desc> <path class="chevron" fill="none" stroke="#76767a" stroke-linecap="square" d="M.7.7l6.5 7 6.5-7"></path> </svg> </span> </div> <div class="collapsable-faq-dropdown_wrap"> <div class="collapsable-faq-dropdown_content"> <p class="faq-answer">The average cost of renters insurance in the US is about $15 per month, or $173 a year, according to 2020 data from the Insurance Information Institute. Premiums may vary based on zip code, any history of claims, and more. You could get additional savings by bundling your renters insurance policy with car insurance or other types of insurance. </p> </div> </div> </div> <div class="collapsable-faq collapsable-faq-dropdown" data-parent-index="" data-component-type="collapsable-faq" data-root-margin="0px 0px 100% 0px"> <div class="collapsable-faq-dropdown_header"> <span class="collapsable-faq-dropdown_text headline-semibold faq-question"> What company has the cheapest renters insurance? </span> <span class="collapsable-faq-dropdown_chevron"> <svg class="svg-icon chevron-icon " data-chevron-icon="" role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewBox="0 0 14.4 8.4" id="chevron-icon"> <title>Chevron icon</title> <desc>It indicates an expandable section or menu, or sometimes previous / next navigation options.</desc> <path class="chevron" fill="none" stroke="#76767a" stroke-linecap="square" d="M.7.7l6.5 7 6.5-7"></path> </svg> </span> </div> <div class="collapsable-faq-dropdown_wrap"> <div class="collapsable-faq-dropdown_content"> <p class="faq-answer">The cheapest renters insurance tends to vary based on location, so it's worth getting quotes from a few different companies. Overall, though, Lemonade tends to offer cheap rates across the US.</p> </div> </div> </div> <div class="collapsable-faq collapsable-faq-dropdown collapsable-faq-dropdown-last" data-parent-index="" data-component-type="collapsable-faq" data-root-margin="0px 0px 100% 0px"> <div class="collapsable-faq-dropdown_header"> <span class="collapsable-faq-dropdown_text headline-semibold faq-question"> Why do people not get renters insurance? </span> <span class="collapsable-faq-dropdown_chevron"> <svg class="svg-icon chevron-icon " data-chevron-icon="" role="img" xmlns="http://www.w3.org/2000/svg" width="1em" height="1em" viewBox="0 0 14.4 8.4" id="chevron-icon"> <title>Chevron icon</title> <desc>It indicates an expandable section or menu, or sometimes previous / next navigation options.</desc> <path class="chevron" fill="none" stroke="#76767a" stroke-linecap="square" d="M.7.7l6.5 7 6.5-7"></path> </svg> </span> </div> <div class="collapsable-faq-dropdown_wrap"> <div class="collapsable-faq-dropdown_content"> <p class="faq-answer">People may opt to not get renters insurance by simply overlooking its importance, or if they incorrectly think their valuables are covered by the landlord's building insurance. Anyone with items of value in their apartment should get renters insurance to protect their belongings.</p> </div> </div> </div><h2 data-toc-label="Why You Should Trust Us" id="why-you-should-trust-us" class="toc-anchor">Why You Should Trust Us: <strong>How We Chose The Best Renters Insurance Companies</strong></h2><p>We aim to inform consumers, giving you the information you need to make decisions about your insurance. Our reviews and guides are not for sale. All product features are based on facts gathered. We consider industry standards, customer reviews, and other factors to get a complete perspective on each product.</p><p>Insider gathered data from several renters insurance companies based on customer service and premium prices where available. We base our sample quotes on data for two people renting a two-bedroom, one-bath, single-family with no pets in Philadelphia.</p><p>See our <a href="https://www.businessinsider.com/personal-finance/insurance-rating-methodology" data-analytics-product-module="body_link" rel="">insurance rating methodology</a> to learn more.</p><iframe data-src="https://products.gobankingrates.com/pub/bcf1f183-92e6-4401-ac5f-d7b47ca8c33c?resize=1&ident=99&pub_inventory=homeowners-insurance/best-renters-insurance-companies-pfi-insurance" data-indent="99" scrolling="no" frameborder="0" width="100%" style="min-width:300px;max-height:475px;"></iframe> <script async="" type="text/javascript" id="go-banking-resize"> window.addEventListener('message', onGoBankingResize, false); function onGoBankingResize(e) { { if (e.origin === 'https://products.gobankingrates.com' && e.data) { if (e.data.source && e.data.id && undefined !== e.data.height) { var id = 'iframe[data-indent="' + e.data.id + '"]'; var chosenFrame = document.querySelector(id); if (chosenFrame) { var height = e.data.height + 'px'; chosenFrame.style.height = height; } } } } } </script><section class="post-authors" data-component-type="post-author"> <div class="post-author"> <a id="post-author_profile-link" href="https://www.businessinsider.com/author/alani-asis" target="_blank" data-analytics-product-module="author-bio" rel=""> <div class="author-profile-image-wrapper" data-slug="alani-asis"> <div class="lazy-holder author-profile-image"> <img class="lazy-image author-profile-image" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-src="https://i.insider.com/61ddd0074ede320018b706d6?crop=1:1&width=256&format=jpeg&auto=webp" alt="Photo of Alani Asis"> <noscript> <img src="https://i.insider.com/61ddd0074ede320018b706d6?crop=1:1&width=256&format=jpeg&auto=webp" /> </noscript> </div> </div> </a> <div class="post-author_info"> <div class="post-author_top"> <a id="post-author_name-link" class="post-author_link not-content-link" href="https://www.businessinsider.com/author/alani-asis" target="_blank" data-analytics-product-module="author-bio" rel=""> <div class="post-author_name headline-semibold">Alani Asis</div> </a> </div> <div class="post-author_bio headline-regular"> <input type="checkbox" id="expanded0"> <div class="post-author_bio_content"> <span>Alani Asis is a personal finance expert with experience covering insurance, retirement, and credit at both Business Insider and LendingTree. Her work has been published in AARP, CNN Underscored, Forbes, Fortune, PolicyGenius, and U.S. News & World Report.</span><span><span class="headline-semibold">Experience</span></span><span>Alani is a former insurance fellow on the Personal Finance Insider team. She’s reviewed life insurance and pet insurance companies and has written numerous explainers on travel insurance, credit, debt, and home insurance.</span><span>She is passionate about demystifying the complexities of insurance and other personal finance topics so that readers have the information they need to make the best money decisions.</span><span><span class="headline-semibold">Expertise</span></span><span>Alani’s areas of personal finance expertise include:</span><ul><li><span>Car insurance</span></li><li><span>Life insurance</span></li><li><span>Home insurance</span></li><li><span>Travel insurance</span></li><li><span>Pet insurance</span></li><li><span>Credit</span></li><li><span>Credit cards</span></li><li><span>Retirement planning</span></li></ul><span><span class="headline-semibold">Education </span></span><span>Alani is a graduate of the University of Hawaii at Manoa, where she earned a degree in political science and history.</span> </div> <label for="expanded0" role="button" class="post-author_bio_more">Read more</label> <label for="expanded0" role="button" class="post-author_bio_less">Read less</label> </div> </div> </div> <div class="post-author"> <a id="post-author_profile-link" href="https://www.businessinsider.com/author/evelyn-he" target="_blank" data-analytics-product-module="author-bio" rel=""> <div class="author-profile-image-wrapper" data-slug="evelyn-he"> <div class="lazy-holder author-profile-image"> <img class="lazy-image author-profile-image" src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-src="https://i.insider.com/63f8fce386669d0018247e85?crop=1:1&width=256&format=jpeg&auto=webp" alt="Evelyn He smiles at the camera, standing indoors against a white wall with fairy lights in the background."> <noscript> <img src="https://i.insider.com/63f8fce386669d0018247e85?crop=1:1&width=256&format=jpeg&auto=webp" /> </noscript> </div> </div> </a> <div class="post-author_info"> <div class="post-author_top"> <a id="post-author_name-link" class="post-author_link not-content-link" href="https://www.businessinsider.com/author/evelyn-he" target="_blank" data-analytics-product-module="author-bio" rel=""> <div class="post-author_name headline-semibold">Evelyn He</div> </a> <div class="post-author_title headline-regular">Compliance and Operations Associate</div> </div> <div class="post-author_bio headline-regular"> <input type="checkbox" id="expanded1"> <div class="post-author_bio_content"> <span>Evelyn He is a compliance and operations associate for Business Insider’s Personal Finance team. Evelyn ensures content accuracy and editorial independence so readers get the most up-to-date and objective financial advice, enabling them to make informed financial decisions.</span><span><span class="headline-semibold">Experience</span></span><span>As part of the compliance team, Evelyn helps fact check Personal Finance stories and works to make sure that the language is clear, precise, and compliant with government regulations and partner guidelines. </span><span>Previously, Evelyn worked as a compliance specialist for Apellis Pharmaceuticals and a legal assistant at the law firm Morrison Mahoney.</span><span><span class="headline-semibold">Expertise</span></span><span>Evelyn is an expert in the following areas:</span><ul><li><span>Compliance</span></li><li><span>Quality assurance</span></li><li><span>Affiliate marketing</span></li><li><span>Search engine optimization (SEO)</span></li><li><span>Content strategy</span></li></ul><span><span class="headline-semibold">Education</span></span><span>Evelyn earned a bachelor’s degree in business administration from UMass Amherst and a master’s in marketing from Boston University.</span><span>Evelyn has two dogs, Money and Tibber.</span> </div> <label for="expanded1" role="button" class="post-author_bio_more">Read more</label> <label for="expanded1" role="button" class="post-author_bio_less">Read less</label> </div> </div> </div> </section> <div class="featured-products sticky-featured-product"> <span class="headline-semibold featured-products-heading">Top Offers From Our Partners</span> <div class="featured-product"> <a href="https://offers.moneylion.com/channelTrackingOfferRedirect/ef7e9365-d513-464f-b2f2-5b4ee58fb7d8/7730fd4f-e907-4d31-b88e-89806ac20f06" target="_blank" data-analytics-product-area="image" data-analytics-product-module="featured_product" data-analytics-product-index="1" data-analytics-product-brand="Right Rail - Do Not Use in Content" data-analytics-product-name="LendingClub LevelUp Savings Account" data-analytics-product-id="63cff3349bca6000112c3c92" class="featured-product-image not-content-link" rel="nofollow noindex"> <div class="lazy-holder lazy-holder " style="padding-top: calc(100% * 95 / 149)"> <img class="lazy-image " src="data:image/svg+xml,%3Csvg xmlns='http://www.w3.org/2000/svg' viewBox='0 0 1 1'%3E%3C/svg%3E" data-content-type="image/png" data-srcs="{"https://i.insider.com/60a53ef9e25d05001880c7d2":{"contentType":"image/png","aspectRatioW":1200,"aspectRatioH":320}}" alt="LendingClub Logo"> <noscript> <img src="https://i.insider.com/60a53ef9e25d05001880c7d2?width=600&format=jpeg&auto=webp" /> </noscript> </div> </a> <div class="featured-product-hgroup"> <a href="https://offers.moneylion.com/channelTrackingOfferRedirect/ef7e9365-d513-464f-b2f2-5b4ee58fb7d8/7730fd4f-e907-4d31-b88e-89806ac20f06" target="_blank" class="featured-product-heading not-content-link" data-analytics-product-area="title" data-analytics-product-module="featured_product" data-analytics-product-index="1" data-analytics-product-brand="Right Rail - Do Not Use in Content" data-analytics-product-name="LendingClub LevelUp Savings Account" data-analytics-product-id="63cff3349bca6000112c3c92" rel="nofollow noindex"> LendingClub LevelUp Savings Account </a> <span class="headline-semibold featured-product-sub-heading"> Earn 4.75% APY when you deposit $250 per month <div class="component rich-tooltip featured-product-rich-tooltip" role="tooltip" data-tooltip-position="right"> <svg class="svg-icon tooltip-icon " role="img" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 60 60"> <title></title> <desc>A tooltip</desc> <path d="M30.6 36.6l.1-1.2c.2-2.3 1.3-3.3 3.4-5.2 2.5-2.3 5.7-4.5 5.7-8.6 0-5-4.3-7.7-9.2-7.7-3.8 0-6.8 1.5-10 4.4l2.2 2.5c3.1-2.5 5-3.5 7.7-3.5 3.2 0 5.4 1.7 5.4 4.4s-2.2 4.2-4.4 6.1c-3.4 2.9-4 4.1-4 7.3v1.5h3.1zm.7 8.4v-4.6h-4.4V45h4.4z"></path> <path d="M30 0c16.6 0 30 13.4 30 30S46.6 60 30 60 0 46.6 0 30 13.4 0 30 0zm0 3C15.1 3 3 15.1 3 30s12.1 27 27 27 27-12.1 27-27S44.9 3 30 3z"></path> </svg> <div class="rich-tooltip-wrapper headline-regular"> <div class="rich-tooltip-message headline-regular">Earn 4.75% APY when you deposit at least $250 per month, earn 3.75% standard APY if minimum isn't met.</div> </div> </div> <style>.rich-tooltip-wrapper { display: none; }</style> </span> </div> <div class="featured-product-cta"> <a href="https://offers.moneylion.com/channelTrackingOfferRedirect/ef7e9365-d513-464f-b2f2-5b4ee58fb7d8/7730fd4f-e907-4d31-b88e-89806ac20f06" target="_blank" class="featured-product-link not-content-link" data-analytics-product-area="button" data-analytics-product-module="featured_product" data-analytics-product-index="1" data-analytics-product-brand="Right Rail - 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