The Best Renters Insurance Companies for December 2025

Here are NerdWallet’s picks for the best renters insurance. Each of these companies scored at least 4.5 out of 5 stars in our analysis. Select the company’s name to read our review.

Note: Not all insurers are available in all states. Our sample rates were calculated for 30-year-old renters with a $500 deductible, $30,000 of personal property coverage and $100,000 in liability coverage.

More about the best renters insurance companies

Why it's the best: Amica stands out for its low rate of consumer complaints to state agencies, as measured by the National Association of Insurance Commissioners. It also has an easy-to-use website that allows renters to get quotes, pay bills and file claims online at any time. If you need help, you can reach out to the company through phone, email or live chat.

Extra coverage is available for jewelry, electronics and other valuables. You can also sign up for replacement cost coverage. With this upgrade, Amica will pay enough money to buy new items if your belongings are damaged or stolen. The alternative is actual cash value coverage, which pays less for older items that have lost value.

Amica may offer a discount if you set your bills to autopay or enroll in paperless billing. You can also save by bundling renters with auto insurance or staying claim-free for at least three years.

» Read the full review: Amica renters insurance review

Why we like it: If you’re looking for strong coverage at an affordable rate, consider State Farm. It offered the cheapest renters insurance rates of all the major insurers in our most recent analysis. You can save even more by bundling renters and auto policies or by installing certain home safety devices.

To talk through your options on the phone before buying a policy, you can consult a local agent. If you’d rather do it all online, you can get a quote, file and track a claim, pay bills and more on the State Farm website. You can even complete some tasks without creating an account.

State Farm offers just about every type of insurance you might need, so it’s a good option if you want to get all your policies in one place.

» Read the full review: State Farm renters insurance review

Why it's the best: Pennsylvania-based Erie operates in 12 states and Washington, D.C. The company draws a low rate of consumer complaints, according to the NAIC. Erie also scored near the top for renters insurance customer satisfaction in J.D. Power’s most recent U.S. Home Insurance Study.[1]

One thing we like about Erie is that its standard policy includes replacement cost coverage for your belongings. (Many companies charge extra for this coverage.) If your stuff is lost or stolen, Erie will pay enough for brand-new items. Other companies might pay less for older items that have lost value over time.

You may also be able to add coverage for identity theft recovery, home-sharing and damage from backed-up drains.

Erie offers discounts for bundling multiple policies and for getting a quote at least a week before you want your policy to take effect.

» Read the full review: Erie renters insurance review

Why we like it: If you want an insurer that’ll be around for the long haul, Travelers might be a good bet. While all the companies on this list are financially stable, Travelers has received the highest possible financial strength rating from credit rating agency AM Best. Plus, it’s been in business since 1864, making it the oldest company on this list.

Travelers puts renters first in a variety of ways. Its policies include coverage for improvements your landlord has let you make to your home. Its website makes it easy to file claims and learn about coverage options. Travelers also draws a low rate of consumer complaints, according to the NAIC.

The company offers discounts for renters who have multiple policies with Travelers or who have devices such as internal sprinkler systems or smart-home technology.

» Read the full review: Travelers renters insurance review

Why we like it: Auto-Owners sells policies through local independent agents. These professionals can explain your coverage options and shop around on your behalf.

Despite its name, Auto-Owners offers more than just car insurance. You can upgrade a basic renters policy with the Renters Plus package, which comes with several add-ons. It covers water backup of sewers and drains, plus waterbed liability. And if your power goes out, it can cover the loss of food in your refrigerator.

You can also upgrade to replacement cost coverage for your belongings. So if you have a 3-year-old laptop that’s stolen or damaged for a covered reason, Auto-Owners may pay enough for you to buy a new one.

Auto-Owners draws a very low rate of consumer complaints, according to the NAIC.

» Read the full review: Auto-Owners renters insurance review

Why it's the best: CSAA is one of several companies that issue renters insurance policies on behalf of AAA. Its policies are available in Washington, D.C., and 23 other states.

CSAA offers renters insurance discounts to AAA members and those who bundle multiple policies. You may also be able to save if you haven’t filed any recent claims.

AAA membership comes with other benefits besides access to its insurance policies. These may include roadside assistance, identity theft monitoring and travel discounts.

» Read the full review: AAA renters insurance review

Why it's the best: One unique thing about USAA is that its renters policies cover damage from floods and earthquakes. Most other companies don’t offer this coverage unless you pay extra. This could provide great value to renters in at-risk regions.

The company caters to the military community with a discount up to 28% for renters living on base. There’s no deductible for damage to military uniforms or gear, and war damage is covered.

The company draws a low rate of consumer complaints, according to the NAIC.

The average cost of renters insurance is $151 a year, or about $13 a month, according to NerdWallet’s rate analysis.

The price you'll pay will depend on how much coverage you need and where you live. But cost shouldn’t be the only factor you consider in a renters insurance comparison.

A standard renters insurance policy includes several types of coverage:

Personal property coverage. Pays to replace your belongings if they’re stolen or damaged in a covered event.

Loss of use coverage (sometimes called “additional living expenses”). pays for hotel stays, restaurant meals or other relocation costs while your rental is repaired after a covered claim.

Personal liability coverage. Pays if you’re sued and found responsible for an injury to a guest in your home or damage to someone else’s property.

Medical payments coverage. Pays for less expensive injuries to guests in your home, regardless of fault.

Make sure you enter the same limits for each type of coverage when shopping to get a direct comparison.

Look at each company’s extra coverage options. Do you need more insurance for a pricey musical instrument? Would you like to add identity fraud protection? Each insurer has slightly different options, and some are even included in your base premium, so it’s worth shopping around.

Finally, consider the company’s website. Is it easy to find a phone number to chat with an agent if you need to? If you prefer doing everything online, can you get quotes, file claims and pay bills through the company’s website or app? Checking out these options before buying a policy can save you some hassle later.

» MORE: What is renters insurance, and what does it cover?

Got a dog, a roommate or an engagement ring? These scenarios can determine what type of renters insurance you need.

You have a roommate

Some insurers let roommates share a renters insurance policy in states where it’s allowed. But just because you can share doesn’t mean it’s a good idea.

Before you sign a policy, have a frank discussion with your roommate about how to split insurance payments — especially if your roommate has a lot of stuff that could drive up the cost. And be sure you agree on the type of renters insurance coverage you’ll get.

» MORE: Can I share renters insurance with my roommate?

You’re on a tight budget

To reduce the policy cost, consider increasing your deductible. (A deductible is the amount the insurer will subtract from your payout if you file a claim.) But first ask yourself: How much could you pay out of pocket if your stuff were stolen or damaged?

To find the most affordable options in your state or metro area, see NerdWallet’s cheapest renters insurance.

You own expensive jewelry or electronics

You might expect renters insurance to cover all your things, but there are exceptions. Many renters insurance companies cap how much they’ll pay for theft of certain items valuable items. That cap is typically around $1,000 or $1,500 for each category, such as jewelry or electronics.

If you own multiple devices or a pricey engagement ring, you might need extra coverage. This type of insurance is often called a “floater” or “scheduled coverage” in industry lingo.

» MORE: Complete guide to jewelry insurance

You have a dog

A lawsuit against you over a dog bite could ruin your finances for years. If you want coverage for this, make sure dog bites are included in the liability section of your renters insurance policy. Check also whether your insurer covers the breed you own. (Many insurance companies don’t cover pit bulls or other breeds they consider aggressive.)

» MORE: Why your dog needs liability insurance

Find the best cheap renters insurance in select states