Liberty Mutual Renters review

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.

Who it is for

Renters who buy online and want discounts plus optional replacement cost and jewelry cover.

Price

From $5 a month; up to 10% off when bought online.

Get customized renters insurance for as low as $5 a month.
Quoted from the vendor pricing page on November 9, 2026.

Key features

• Personal property, personal liability and additional living expenses as standard
• Optional personal property replacement cost coverage
• Optional blanket jewelry cover with no deductible or up-front appraisal
• Optional earthquake cover and no-fault medical coverage
• Belongings protected for 30 days from the day you start a move

Strengths and weaknesses

• Strength: Up to 10% off for buying on libertymutual.com
• Strength: Claims-free discount after five years without a claim with your previous insurer
• Strength: Rated A (Excellent) by A.M. Best, per Liberty Mutual
• Weakness: Replacement cost is an add-on, not standard
• Weakness: Pets are not covered by the renters policy
• Weakness: Additional interests such as building managers must be added by phone

Key facts

• Starting price: $5 a month
• Online discount: Up to 10%
• Suggested limits: $15,000 property, $100,000 liability
• Moving cover: 30 days from the start of a move
• Financial rating: A (Excellent), A.M. Best

Where it ranks

Liberty Mutual Renters is No. 3 in our Best Renters Insurance verdict.