10 Best Renters Insurance of 2026

Lemonade is the simplest renters policy on this list to buy and manage. The quote, purchase, changes and claims all run through the app or website, and Lemonade says its AI can activate a policy in as little as 90 seconds. Prices start as low as $5 a month, and Lemonade puts its own U.S. average at around $16 a month in 2026, which is useful context because most renters will pay more than the floor. The standard policy covers your belongings against theft, fire, smoke and water damage anywhere in the world, plus personal liability, guest medical payments and loss of use. Valuables such as jewelry, bikes, cameras and instruments can be moved onto Extra Coverage, which has a $0 deductible and adds accidental damage. Exclusions are the usual ones: floods, earthquakes outside the states that offer an add-on, bed bugs and a roommate's things. You can cancel at any time without a fee. We compared documented features and published prices.

Allstate pairs a $5 starting price with national reach: its renters page says coverage is available in all 50 states and that it has more than 1.7 million renter customers. The standard policy has four parts: personal property protection for belongings stolen or damaged at home or away, family liability protection, guest medical protection and additional living expenses if your home becomes uninhabitable. Allstate suggests $25,000 of personal property and $100,000 of liability as a starting point for many renters, a useful benchmark when comparing quotes. Add-ons cover the gaps in a standard policy, including jewelry insurance, identity theft restoration, a personal umbrella, earthquake cover through a local agent, and flood cover through the National Flood Insurance Program. You can quote online or call, and bundling with Allstate auto lowers the price. The $5 figure is footnoted, so treat it as a floor rather than a typical premium. We compared documented features and published prices.

Liberty Mutual advertises renters insurance from as low as $5 a month and adds discounts that matter to price shoppers: up to 10% off for buying on its website, a claims-free discount if you have gone five years without a claim with your previous insurer, and an early shopper discount for quoting before your current policy expires. Personal property, personal liability and additional living expenses are standard. The useful extras are personal property replacement cost coverage, which pays to buy new items rather than their depreciated value, and blanket jewelry cover that needs no deductible or up-front appraisal. Earthquake and no-fault medical cover are also available. Liberty Mutual notes that your belongings are protected for 30 days from the day you start a move and that property is covered away from home. It suggests $15,000 of property cover and $100,000 of liability for many people. Pets are not covered by the renters policy. We compared documented features and published prices.

State Farm's renters policy has the longest list of documented built-in extras here. Beyond personal property, loss of use and personal liability, its coverage page lists additional coverages for bed bugs where available, credit or bank card forgery, locks and remote devices, power interruption, refrigerated products, debris removal and temporary repairs. Liability can pay up to $500 beyond your security deposit if your pets damage the rental, and inflation coverage automatically raises your property limit with an inflation index. Loss of use lasts up to 24 months, subject to a dollar limit. State Farm does not publish a renters starting price; its page cites a NAIC survey putting renters insurance at about $13 a month for around $34,000 of coverage, which is an industry figure rather than a State Farm rate. Bundling with auto saves up to $900 on average, according to State Farm. Flood is excluded and unrelated roommates must be named. We compared documented features and published prices.

Goodcover is a renters-only insurance agency built around two ideas: one policy for the whole household and a share of unused premiums back. If your roommates are on your lease, they are on your policy at no extra cost, which is unusual; most insurers here require each unrelated roommate to be named or to buy their own policy. Goodcover pools members' premiums, takes a fixed fee, pays claims and returns the rest through an Annual Member Dividend. Covered property losses are paid at replacement cost, and belongings are covered anywhere in the world against perils including fire, theft, many kinds of water damage, wind and frozen pipes. The optional SUPERGOOD upgrade adds accidental damage with a zero deductible. Liability, guest medical and temporary housing are included. The site gives an instant quote without an email, but publishes no starting price. Goodcover is licensed in 45 states plus D.C., and policies are underwritten by partner carriers. We compared documented features and published prices.

Progressive sells renters insurance mainly as a companion to its car insurance. The policy is provided and serviced by affiliated and third-party insurers, so the exact carrier and wording depend on where you live. Coverage includes personal property, personal liability, loss of use for hotel and grocery costs above your normal spending, and medical payments to others regardless of fault. Progressive is upfront about sub-limits, giving examples of $2,500 for personal computers and $1,000 for tools, and lets you schedule items above those caps. A water backup endorsement is available in some states. Rather than a floor price, Progressive publishes an average range of $13 to $27 a month based on policies written in 2025, which is more realistic than a $5 headline. Discounts apply for quoting at least a day before cover starts and for paying in full, and bundling saves an average of $30 on auto. A quote needs only your name, date of birth and address. We compared documented features and published prices.

Erie Insurance is a regional carrier that sells through independent agents rather than a fully online checkout. Its renters page describes a standard set of protections: personal property covered anywhere in the world, so a bag stolen while commuting or traveling is included; liability cover if a guest is hurt or you damage someone else's property, which can pay medical bills and legal expenses; and additional living expenses for lodging and meals if your rental becomes uninhabitable after a covered loss. Claims support is available 24/7, and bundling renters with Erie auto insurance lowers the price. Erie says it has been insuring people since 1925 and works with more than 14,000 independent agents. The online form requests a quote from an agent, so buying takes longer than with app-based insurers, and Erie publishes no renters price. Coverage is limited to the states where Erie operates, which you can check on its states of operation page. We compared documented features and published prices.

Jetty Protect is not something you can buy at any address. It is sold through Jetty's real estate partners, so you first need to confirm with your leasing team that your building is in the Jetty network and get its property link. If it is, Jetty says buying a plan takes less than two minutes, and the policy copy goes straight to your property manager, which removes the usual paperwork chase on move-in day. Plans start from $5 a month and include contents, liability and loss-of-use cover. Jetty highlights electronics cover and bed bug protection, a peril that State Farm only covers where applicable and Lemonade excludes. The standard plan runs 12 months; if you move early, Jetty will help transfer or cancel it. New policies are backed by Farmers Insurance. The trade-off is reach and depth: it only works at partner buildings and documents fewer add-ons than the national carriers. We compared documented features and published prices.

Travelers offers a conventional renters policy with a few useful details for long-term tenants. Personal property is covered at home and away against perils such as fire, lightning, windstorm, hail, explosion, smoke and vandalism, and personal liability pays legal costs and damages if you are sued. If you paid for alterations to your unit, you can apply up to 10% of your personal property limit to repair or replace them after a covered loss, with higher amounts available. You choose between replacement cost, which pays for comparable new items, and actual cash value, which deducts depreciation; Travelers notes replacement cost raises the premium. Discounts cover multi-policy bundles, a loss-free history and protective devices, including sprinklers, theft alarms and smart home technology that alerts you to fire or break-ins. Travelers publishes no renters price, and in some states, including California, products must be bought through a local independent agent. We compared documented features and published prices.

The Hartford's renters policy is part of the only national home insurance program endorsed by AARP and is designed exclusively for AARP members; if you are not a member, The Hartford helps you join when you buy. The base policy includes 'New for Old' protection that replaces destroyed belongings with new items of the same quality, living expenses up to an additional 30% of your personal property cover, and built-in improvements cover up to 10% of that limit, so a $15,000 property limit covers up to $1,500 of improvements. Liability, medical payments to guests regardless of fault and up to $1,000 for damage you cause to someone else's property are also included. Credits apply for bundling with auto, burglar or monitored fire alarms, and buildings with 24-hour security. The Hartford does not publish its own renters price; the $14 a month figure on its page is an industry average. We compared documented features and published prices.