The 7 Best Renters Insurance Providers
Based on our in-depth research and review using our renters insurance methodology, we chose the following as the top renters insurance companies:
- Lemonade: Our top pick
- Nationwide: Our pick for valuable endorsem*nts
- State Farm: Our pick for affordable premiums
- USAA: Our pick for military members
- Allstate: Our pick for seniors
- Toggle: Our pick for custom pricing
- American Family: Our pick for customer service
Why Trust Us?
How We Calculated Renters Insurance Ratings
3
Coverage LevelsWe used three different coverage amounts and three deductible levels to generate various reports and estimates from Quadrant Information Services, which provides property insurance analytics.
15,000
Estimates GatheredTo better understand the cost of renters insurance premiums throughout all 50 U.S. states, we gathered over 15,000 estimates across 14 renters insurance providers using Quadrant Information Services. When cost data is not listed for a provider in Quadrant’s database, we manually request quotes or reach out to representatives.
14
Nationwide Providers ReviewedOur team has scored and reviewed 14 renters insurance providers nationwide, ranking each company based on our comprehensive renters insurance methodology, which considers cost, availability, ease of use, coverage and brand trust.
1,000
Renters SurveyedWe surveyed 1,000 renters nationwide in 2024 to gain a better understanding of what consumers care about most when it comes to coverage. We also asked renters about their frustrations with the buying process and how much they pay for coverage.
Lemonade Renters Insurance
Our Top Pick
4.6
Cost: 4.8
Availability and Ease of Use: 5
Brand Trust: 5
Coverage: 3.5
Top Rated
Our Review
A.M. BestNRJ.D. Power854/1000
MONTHLY COST$13.33
Why We Chose Lemonade
If convenience is a driving factor for you when choosing a renters insurance company, our team recommends considering Lemonade. Earning our top pick, the provider leaves the traditional agent network business model in the past in favor of a digital-first experience. You can obtain a quote, purchase a policy and even file a claim in seconds through its artificial intelligence-based (AI) bot, Maya.
Based on our research, Lemonade may work best for college students or other renters on a budget because of its low pricing and for anyone who values convenience over personal interactions with live agents. It also offers an average monthly premium that is cheaper than almost all other providers in this review, only costing more than State Farm and Toggle.
Pros and Cons
Pros Features a best-in-class mobile app experience Leverages artificial intelligence (AI) for fast claims processing Donates unclaimed premiums to charity Cons Can be difficult to contact a live representative, according to our analysis of customer reviews Not ranked by AM Best
Discounts and Add-ons
Lemonade offers lower rates if you choose a high deductible of $2,500 and qualify for discounts related to having safety devices and no claims history. Available add-ons include landlord property damage, extra coverage for high-value property such as bikes, fine art, cameras and jewelry, and water backup damage. The company also offers coverage for significant others if you’re not officially married or in a legally recognized civil union.
What Lemonade Policyholders Say
To better understand the strengths and weaknesses of the providers in our review, our team conducted a survey in February 2024 of 1,000 respondents with renters insurance policies nationwide. We found that 37 of the respondents had a policy with Lemonade. We also conducted interviews with several Lemonade policyholders to ask more in-depth questions related to the feedback we got in our survey.
Our results found that almost 92% of participants with a Lemonade policy were satisfied with the provider. Policyholders who expressed satisfaction with Lemonade cited affordability and the user-friendly mobile or web app as key factors. One of our interviewees, Veronika J. from New York, said that she “actually like[s] that [she doesn’t] have to speak to an agent and that nobody tries to call [her] after.” However, the majority of those who were dissatisfied pointed to a lack of endorsem*nts or add-ons as the primary reason.
Our team reached out to Lemonade about its customer dissatisfaction but the company did not provide a response.
*A.M. Best ratings accurate as of June 2024
Nationwide
Our Pick for Valuable Endorsem*nts
4.5
Cost: 4.5
Availability and Ease of Use: 4.6
Brand Trust: 5
Coverage: 4
Our Rating
Our Review
A.M. BestAJ.D. Power852/1000
MONTHLY COST$14.50
Why We Chose Nationwide
In addition to comprehensive coverage options that can help protect your rental property, Nationwide provides specialized protection for a wide variety of items. For example, you could claim food spoilage during a power outage or the theft of watches, jewelry or furs.
Other coverages include protections for watercraft, money, credit cards, trailers and more, leading us to name the provider our pick for valuable endorsem*nts. Nationwide is the second most expensive provider, on average, for a renters insurance policy out of the companies featured in this review.
Pros and Cons
Pros Features the most endorsem*nts of any provider on our list “Brand New Belongings” add-on coverage offers replacement cost value Offers comprehensive additional coverage for valuable items Cons Online quote tool requires you to select multiple types of insurance Limited discount offerings compared to many top providers
Discounts and Add-ons
Nationwide offers discounts for bundling your renters insurance with another policy, in addition to discounts related to protective devices and claims history. Add-ons include Brand New Belongings coverage, which helps cover lost or stolen items, loss assessment, credit card coverage, theft extensions, earthquake coverage and more. Limited water backup coverage is also available.
What Nationwide Policyholders Say
We conducted a survey in February 2024 of 1,000 respondents with renters insurance policies, finding that 78 of the respondents chose Nationwide. This survey helped our team better understand the positives and negatives associated with the company.
Our results found that almost 95% of participants with Nationwide renters insurance were satisfied with the provider. Policyholders who were happy with the provider cited Nationwide’s customer service and affordable costs as key factors. However, those who were dissatisfied pointed to cost as the primary reason.
Our team reached out to Nationwide for comment on its customer dissatisfaction but did not receive a response.
State Farm Renters Insurance
Our Pick for Affordable Premiums
4.3
Cost: 4.3
Availability and Ease of Use: 5
Brand Trust: 4.7
Coverage: 3.5
Our Rating
Our Review
A.M. BestA++J.D. Power844/1000
MONTHLY COST$10.50
Why We Chose State Farm
If you’re shopping on a budget, State Farm might work for you. The company offers cheaper premiums, on average, than the competitors in this review. State Farm also offers a wide range of deductible options, further allowing you to customize costs and insurance coverage.
We’ve named State Farm as our pick for affordable premiums. However, its low cost does not signal low quality. The company offers comprehensive coverage for belongings, personal liability protection and medical payments, plus four endorsem*nts to strengthen your coverage if needed. Its expansive network of insurance agents can also provide a personal touch to your insurance dealings.
Pros and Cons
Pros Offers pet coverage and waterbed add-ons Features lower prices than many competitors Online tool helps calculate personal property coverage needs Cons Cheaper policies include minimal coverage Cost can increase quickly depending on chosen endorsem*nts
Discounts and Add-ons
State Farm offers discounts associated with safety features in your residence and for bundling insurance products with the company. Add-ons include coverage for high-value personal property, waterbeds, identity theft protection, business property and personal liability.
What State Farm Policyholders Say
To gain a comprehensive understanding of what consumers think of renters insurance companies, we surveyed 1,000 respondents with policies in February 2024. Of these, 298 had a policy with State Farm.
We found that over 96% of participants with a State Farm policy were satisfied with the company. These policyholders noted State Farm’s affordable costs, useful coverage and customer service as top reasons for their satisfaction. Those dissatisfied with the company selected cost and poor customer service as the primary reasons.
Our team reached out to State Farm for comment on its customer dissatisfaction but did not receive a response.
USAA Renters Insurance
Our Pick for Military Members
4.4
Cost: 4.8
Availability and Ease of Use: 4.6
Brand Trust: 5
Coverage: 3
Our Rating
Our Review
A.M. BestA++J.D. Power894/1000
MONTHLY COST$14.33
Why We Chose USAA
If you’re a military member, USAA renters insurance is a good choice. Its standard policy covers everything you’d expect from a renters insurance policy, plus flood and earthquake coverage — which, according to our research, other insurers may only offer as costly endorsem*nts. USAA also extends replacement cost coverage that does not take into account the depreciation of your items over time when calculating replacement costs.
We named USAA as our pick for military members because you’re only eligible for a membership if you or a family member qualifies as retired or active-duty military. If you aren’t a member, you cannot purchase a renters insurance policy with the company. If you’re eligible, note that USAA offered the fourth cheapest costs, on average, out of the providers featured in this review.
Pros and Cons
Pros Website advertises costs for as little as 33 cents per day Includes flood and earthquake insurance with its standard policy Offerings are tailored for military members Cons No unique discounts available Must be an eligible service member or family of a service member to qualify
Discounts and Add-ons
USAA offers multi-policy bundling, active-duty military, home security system and claims-free discounts to members with home insurance policies. Add-on coverages include personal property replacement cost coverage and business property protection.
What USAA Policyholders Say
To better understand how real customers perceive renters insurance companies, we conducted a survey of 1,000 policyholders in February 2024. When analyzing survey results, we found that 85 participants held a policy with USAA.
When asked about their level of satisfaction, 94% of respondents with a USAA policy said they were satisfied with the company. Of these satisfied policyholders, USAA’s affordable costs and customer service were their top reasons for satisfaction. Those dissatisfied with the company mentioned unsatisfactory coverage as the primary reason.
Our team reached out to USAA for comment on its customer dissatisfaction but did not receive a response.
4.3
Cost: 5
Availability and Ease of Use: 4.2
Brand Trust: 4.7
Coverage: 2.5
Our Rating
Our Review
A.M. BestA+J.D. Power835/1000
MONTHLY COST$14.42
Why We Chose Allstate
Allstate is our pick for seniors due to its unique insurance discount for retired renters aged 55 or older. The provider scored well in all of our renters insurance review categories, and based on our research, is a reputable, long-standing company that offers policies at a reasonable cost.
Allstate has substantial endorsem*nt options, solid customer service availability, a smartphone app, and is available in every U.S. state. In addition, it was the fifth cheapest provider in our review.
Pros and Cons
Pros Offers optional flood insurance Features 24/7 customer service availability Has a website chat feature for claims and customer support Cons Offers fewer endorsem*nts than many competitors Quote tool may require personal information like your Social Security number
Discounts and Add-ons
Allstate offers discounts for retired seniors who are 55 and older, in addition to savings for autopay policies, claims-free renters and bundling your policy with another Allstate insurance product. Add-ons offered by the company for renters insurance policies include scheduled personal property add-ons and identity theft protection.
What Allstate Policyholders Say
To gain insight into consumer perceptions of renters insurance companies, we surveyed 1,000 policyholders in February 2024. When analyzing our survey results, we found that 145 participants held an Allstate renters insurance policy.
When asked if they were satisfied with Allstate’s service, over 94% of respondents said they were satisfied with the company. Of these policyholders, Allstate’s affordable costs, customer service, and useful coverage options were the top reasons for their satisfaction. Those dissatisfied with the company noted experiences of coverage being too expensive and denied claims.
Our team reached out to Allstate for comment on its customer dissatisfaction but did not receive a response.
Toggle Renters Insurance
Our Pick for Custom Pricing
4.1
Cost: 4.3
Availability and Ease of Use: 3.6
Brand Trust: 4.5
Coverage: 4
Our Rating
Our Review
A.M. BestAJ.D. PowerNR
MONTHLY COST$12.59
Why We Chose Toggle
Toggle is a tech-forward renters insurance provider that we recommend for anyone working to build their credit. As a renter, the monthly payments you make to your landlord are not reported to the three major credit reporting bureaus responsible for maintaining credit score data. However, Toggle’s unique Credit Lift option can help raise your credit score by reporting your monthly rent payments.
Unlike most competitors, the company allows you to customize each component of your coverage, from protection for pet damage to specialized coverage for tools and equipment if you have a side hustle. For this, we named Toggle our pick for custom pricing. Based on our cost data, Toggle is the cheapest option out of our picks in this review.
Pros and Cons
Pros Offers unique add-on coverage for policyholders with side hustles Credit Lift option can help build your credit based on monthly rent payments Has a competitive basic plan for as low as $5 a month in some areas Cons Coverage only available in 26 states No mobile app to manage your policy
Discounts and Add-ons
Toggle offers a diminishing deductible for claims-free policyholders and a multi-policy bundling discount. In addition to policy savings, Toggle users receive various discounts on products and services such as meal kits, streaming services, moving services, internet and dining. Add-ons from this provider include identity protector, temporary living costs, pet parent coverage, high-value item coverage and side hustle coverage.
What Toggle Policyholders Say
To better understand the strengths and weaknesses of our top picks for renters insurance, our team conducted a survey in February 2024 of 1,000 respondents with policies. Our results found that 12 respondents had a policy with Toggle.
Seventy-five percent of participants with a Toggle policy were satisfied with the provider — the lowest percentage among our top renters insurance companies. Policyholders who expressed satisfaction with the company noted affordable costs and useful coverage options. However, dissatisfied customers pointed to denied claims as their reason for dissatisfaction.
Our team reached out to Toggle for comment on its customer dissatisfaction but did not receive a response.
American Family Renters Insurance
Our Pick for Customer Service
4.0
Cost: 4.5
Availability and Ease of Use: 5
Brand Trust: 2.5
Coverage: 3
Our Rating
Our Review
A.M. BestAJ.D. Power856/1000
MONTHLY COST$15.25
Why We Chose American Family
We named American Family our pick for customer service, as it provides policyholders 24/7 access to its support team. In addition, the company has the second-highest customer satisfaction rating in the 2023 J.D. Power study on home and renters insurance, suggesting current customers are satisfied with the level of support it offers.
American Family can connect renters with a local agent to handle concerns, and you can submit claims online through the customer portal after a loss. While this provider costs, on average, the same as the national average of $15 per month, it is the most costly provider featured in this review.
Pros and Cons
Pros Features 24/7 customer service and claims support Includes identity theft coverage in standard policies MyAmFam mobile app connects customers to their policy and local support Cons Online quote tool has vague policy details Not BBB accredited
Discounts and Add-ons
American Family offers a unique generational discount — if you’re between the ages of 18 and 30 and your parent has an American Family policy, you can receive a lower rate for renters insurance. Other discounts include bundling policies, smart home, auto-pay, full pay and paperless billing. The provider also offers a loyalty discount after being a customer for a year. Add-on coverages include identity theft protection, pet insurance, travel protection, and home-based business liability and property coverage.
What American Family Policyholders Say
We surveyed 1,000 consumers in February 2024 to learn about satisfaction with renters insurance providers. Of those who participated in our survey, 63 had a policy with American Family.
Ninety-two percent of participants with renters insurance from American Family were satisfied with the provider, and policyholders noted affordable costs and useful coverage as their top reasons. Out of the 8% who were dissatisfied with the company, the majority had issues with customer service.
Our team reached out to American Family for comment on its customer dissatisfaction but did not receive a response.
Compare The Best Renters Insurance Providers
See how the top renters insurance companies compare on key factors and decide which provider best fits your needs.
| Provider | Star Rating | Monthly Cost | J.D. Power | Learn More |
|---|---|---|---|---|
Our Top Pick
| 4.6 | $13.33 | 854/1000A U.S. data analytics company best known for its customer satisfaction surveys for the automotive, financial, health care and insurance industries. | EXPLORE PLANS |
| 4.5 | $14.50 | 852/1000 | LEARN MORE |
| 4.3 | $10.50 | 844/1000 | LEARN MORE |
| 4.4 | $14.33 | 894/1000 | LEARN MORE |
| 4.3 | $14.42 | 835/1000 | LEARN MORE |
| 4.1 | $12.59 | NR | EXPLORE PLANS |
| 4.0 | $15.25 | 856/1000 | LEARN MORE |
| Provider | Star Rating | Monthly Cost | J.D. Power | Learn More |
|---|---|---|---|---|
Our Top Pick
| 4.6 | $13.33 | 854/1000A U.S. data analytics company best known for its customer satisfaction surveys for the automotive, financial, health care and insurance industries. | EXPLORE PLANS |
| 4.5 | $14.50 | 852/1000 | LEARN MORE |
| 4.3 | $10.50 | 844/1000 | LEARN MORE |
| 4.4 | $14.33 | 894/1000 | LEARN MORE |
| 4.3 | $14.42 | 835/1000 | LEARN MORE |
| 4.1 | $12.59 | NR | EXPLORE PLANS |
| 4.0 | $15.25 | 856/1000 | LEARN MORE |
No results were found.
*All sample quotes in this article are based on $30,000 in personal property coverage for a single homeowner.
What To Look For in a Renters Insurance Company
Finding renters insurance can feel intimidating when you don’t know where to start. Consider our recommendations on how to select the renters insurance company and policy that will give you the coverage you need to feel confident in the event of a loss.
Competitive Cost
While renters insurance is a wise, and often required investment, you don’t want to break the bank on coverage. According to our 2024 survey, 40% of renters feel that cost is the most important factor when selecting a provider. To better understand how much you should expect to pay for renters insurance and avoid signing up for an overly expensive policy, find your city in the table below. Note that your quote may differ from the average in your city – personal factors like your credit score, claims history, deductible and coverage amounts can impact your premium.
Comprehensive Coverage
A basic renters insurance policy covers the following four areas:
Personal Property
Personal property coveragepays to replace lost or damaged belongings due to theft, fire, lightning, some forms of water damage and other situations considered perils. The amount of coverage you choose should equal the cost to replace all of your belongings. This is the main coverage amount you will have to calculate before requesting a policy.
Personal Liability
Personal liability coveragepays legal fees and medical bills if you’re responsible for property damage or personal injury. This coverage may have exclusions, however, so we recommend reading a sample contract and understanding any coverage limitations before purchasing a policy.
Loss of Use
Loss of use coveragepays for additional living expenses such as a hotel room or extra fuel if you’re displaced from your home after a covered event. You may also find this coverage called “additional living expenses coverage” in your policy documents.
Medical Payments
Medical payments for others cover care-related bills if a guest is injured in your rental unit or home. Some examples include covering the cost of hospital stays, emergency room visits, ambulance rides, X-rays and more. However, coverage does not extend to legal fees if you’re sued due regarding an accident in your home.
All providers will cover the areas mentioned above, but the policy add-ons, or endorsem*nts, available will differ. You'll want to consider whether a provider offers add-ons that are important to you, such as earthquake or identity theft protection. According to our 2024 survey of 1000 renters, the most popular coverage add-ons are valuable personal property (like jewelry and electronics), flood insurance and identity theft protection.
Additionally you will want to think about how comprehensive you want your coverage to be, which boils down to whether you want actual cash value (ACV) or replacement cost (RCV) coverage. ACV pays the depreciated value of lost or damaged property, while RCV pays the value of a new, equivalent item without depreciation.
Brand Trust
The number one reason our 1,000 survey respondents reported feeling dissatisfied with their renters insurance provider is due to poor customer service. You can't fully experience a provider's customer service or claims process before buying a policy. However, you can rely on third-party ratings to get a sense of how a company treats customers during times of need and whether it is financially secure enough to handle large payouts. You can also try calling the company and speaking with a representative to get an idea of wait times and service quality.
AM Bestis a global credit agency specializing in the insurance industry. Using a scale of A++ to F, it rates providers' credit worthiness as an “evaluation of balance sheet strength, operating performance, and business profile.”J.D. Power describes itself as a global leader in consumer insights, advisory services and data analytics. It publishes an annual study scoring renters insurance providers on overall customer satisfaction out of a scale of 1,000. The 2023 segment average is 842.
“Renters insurance policies are much more straightforward to buy than homeowners insurance. The two biggest decisions you might make are how much your belongings are worth if you had to replace them all at once, and how much liability coverage you need if someone is injured in your apartment or it’s your fault.”
In February of 2024 we conducted a survey of 1000 renters with coverage from the top providers in the nation. We asked them whether or not they were satisfied with their current provider and why. The chart below displays the percent of customers satisfied with their current provider along with the main reason why.
| Provider | Customer Satisfaction Rate | Main Cause |
|---|---|---|
| Lemonade | 92% | Affordable Cost |
| Nationwide | 95% | Customer Service |
| State Farm | 97% | Affordable Cost |
| USAA | 94% | Affordable Cost |
| Allstate | 94% | Affordable Cost |
| Toggle | 75% | Affordable Cost |
| American Family | 92% | Affordable Cost |
How To Find Renters Insurance in Four Typical Situations
Renters insurance can offer financial and legal protection in a variety of situations. Here are some real-life scenarios in which renters insurance can give you valuable protection and peace of mind.
You Own a Pet
Whether you own a cat, dog or other furry companion, standard renters insurance policies generally cover damage caused by your pets. Most policies cover $100,000 to $300,000 in liability coverage, with the pet owner responsible for damages exceeding the stated amount. However, many providers will not cover dogs with a history of biting and exclude certain breeds with a reputation for aggression, such as Rottweilers, pit bulls, Dobermans and chows. If your dog fits into one of these categories, consider finding an insurer that does not ban certain breeds or working with an agent to find a policy that meets your pet-related needs.
You Live With a Roommate or Spouse
If you live with roommates or a spouse, you may have a choice between getting your own renters insurance policy or saving money by sharing a policy. Many, though not all, renters insurance companies allow shared policies for roommates who are not related. Before you consider splitting a policy with roommates, determine how to split payments, who will pay the premium and who the primary policyholder is.
You Have High-Value Items
Standard renters insurance policies often enforce sub-limits of $1,500 to $2,500 on valuable items, such as jewelry, watches and furs. If you have luxury items that exceed these standard value limits, you can “schedule” each separately to provide more coverage. For example, if you own a painting you scheduled for $15,000 and that painting is stolen, your insurance company may send a check for the full $15,000 minus your deductible after reviewing your claim.
You Live in a High-Risk Area
You may experience higher renters insurance rates if you live in an area prone to natural disasters like tornadoes, hurricanes or earthquakes, or in an area with elevated theft risk. Rates can also increase if you live in a rural area far away from a fire station. In these circ*mstances, we recommend requesting quotes from different providers for the best rates and coverage options. If a provider denies you coverage, you can contact your state insurance department and look into Fair Access to Insurance Requirements (FAIR) plans.
Is Rental Insurance Required?
Rental insurance is not required by law in any of the 50 U.S. states, based on our research. However, you may need to purchase a policy as part of your lease agreement or landlord’s requirements.
If your landlord doesn’t require you to purchase a policy, you can choose to go without coverage. However, we recommend first considering whether you have the funds to cover the same losses and events as a rental insurance policy. If your belongings were stolen or damaged during a break-in, do you have the funds to repair and replace those items? If someone is injured on your property, could you pay for their medical and legal bills if they decide to sue you? Asking yourself these questions can help you better discern whether or not the cost of rental insurance is worth adding to your budget.
Who Needs Renters Insurance?
You’ll need to purchase a renters insurance policy if your landlord or property management company requires it. This coverage can protect your landlord and help avoid potential disputes if your belongings become damaged in a catastrophic event, as a landlord insurance policy will only typically cover structural damage to your building and not your personal property.
Renters insurance can represent a low-cost expense for many, as the average cost of a policy is significantly lower than home insurance, based on our research. If you’re worried about liability protection, coverage for your personal belongings or financial support in the event of a covered disaster, we recommend considering renters insurance.
Frequently Asked Questions About Renters Insurance
Lemonade renters insurance is likely so cheap because of the company’s digital structure. Without a physical agent network to manage and fast AI claims resolutions, Lemonade can cut costs and offer more affordable renters insurance.
The best renters insurance depends on your priorities. For a convenient technology-first platform, Lemonade is a good choice. For low cost, you may consider State Farm, the cheapest provider in our review.
Renters insurance costs an average of $15 per month in the U.S. Your individual rates will vary based on your location, amount of coverage, deductible, credit history, claims history and more.
Typically, a standard renters policy does not include flood coverage. Flood insurance for renters is available through the National Flood Insurance Program and many private flood insurers. You can obtain quotes through a local insurance agent.
Other Insurance Resources From MarketWatch Guides
Gain insight into our ratings for the best home, renters, pet, travel or life insurance providers and find affordable recommendations for necessary insurance products.
- Best Pet Insurance Companies
- Best Travel Insurance Companies
- Best Homeowners Insurance Providers
- Budget-friendly Renters Insurance Providers
- Best Term Life Insurance Providers
- Cheapest Homeowners Insurance Companies
Methodology: Our System for Ranking the Best Renters Insurance Companies
Through in-depth research of the industry, we created a comprehensive rating system to rank renters insurance providers. We researched each company by gathering cost information and requesting quotes, combing through policy information, secret shopping and reading customer reviews to understand the customer service experience, and accessing financial reliability scores.
We used these rating factors to determine the best renters insurance companies to help with your decision when looking at policies:
- Cost: 40%
- Availability and ease of use: 25%
- Coverage: 20%
- Brand trust:: 15%
We routinely monitor and update data on a regular basis to ensure the reviews reflect the most up-to-date information and advice. See our full methodology here
A.M. Best Disclaimer
How We Gather Cost Data
We at the Guides Home Team gathered renters insurance quotes for the providers in this article using data from Quadrant Information Services. Quadrant is a leading source of property and casualty insurance solutions and data.
Our sample homeowners are 30-year-old single males with good credit and no prior claims history. Our sample policies featured a $1,000 deductible and the following coverage and limits:
- Personal property: $30,000
- Loss of use: $9,000
- Liability: $100,000
- Medical payments: $1,000
For each provider, we gathered a quote for 50% of the ZIP codes in every state the provider is licensed in. We used the most populous ZIP codes for our study. We took the average of these individual quotes to calculate a national average premium per provider. Our sample rates are for informational purposes only. Actual premiums will vary.
If you have feedback or questions about this article, please email the MarketWatch Guides team ateditors@marketwatchguides.com.
