The Best Cheap Renters Insurance in Arizona (2024)
State Farm has the cheapest renters insurance in Arizona, at $10 per month for $30,000 of personal property coverage on average.
Compare Cheap Renters Insurance Quotes in Arizona
Best Cheap Renters Insurance in AZ
ValuePenguin editors used cost, customer satisfaction and coverage options and benefits to find the best insurance companies in AZ. To find the lowest rates in the state, our experts collected hundreds of quotes from top renters insurance companies across 25 of Arizona's biggest cities.
Cheapest renters insurance companies in Arizona
State Farm has the cheapest renters insurance in Arizona.
A policy from State Farm costs just $10 per month, on average, for $30,000 of personal property coverage. That's less than half the Arizona state average of $28 per month.
Compare Cheap Renters Insurance Quotes in Arizona
Lemonade also offers affordable renters insurance for Arizonans. At $16 per month, a Lemonade renters policy costs 41% less than the Arizona state average.
Cheapest renters insurance companies in Arizona
Company | Monthly cost | ||
|---|---|---|---|
| State Farm | $10 | |
| Lemonade | $16 | |
| Amica | $17 | |
| Allstate | $23 | |
| Progressive | $23 | |
Best renters insurance for most people in AZ: State Farm
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Editor's rating
- Cost: $10/mo
State Farm has the best combination of cheap rates and good customer service among Arizona renters insurance companies.
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Good customer satisfaction
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Affordable quotes
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Extra coverage options available
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Strong auto-renters bundling discount
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Few discounts
State Farm has the cheapest renters insurance quotes in Arizona, at $10 per month for $30,000 of personal property coverage on average. That's less than half the cost of an average renters insurance policy in Arizona.
State Farm has a good customer service reputation. The company scored above average on a recent J.D. Power customer satisfaction survey for renters insurance.
Choosing a company with a strong customer service reputation may mean you'll have an easier time filing claims and getting payouts down the road.
State Farm has a good renters-auto bundling discount. You can also save on your monthly rate if you have a burglar or fire alarm installed in your apartment or rented home.
State Farm also lets you customize your coverage with add-ons like earthquake insurance and identity theft protection. Keep in mind that you'll have to pay extra if you want more coverage.
Best renters insurance in Arizona for extra coverage: Lemonade
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Editor's rating
- Cost: $11/mo
Lemonade lets you customize your renters insurance with many extra coverage options.
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Very cheap rates
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Extra coverage options and discounts available
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Fast online quotes and claims
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Mixed customer service ratings
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Auto and renters bundling discount unavailable
Lemonade lets you personalize your policy with a range of coverage add-ons.
Lemonade extra coverage options
- Water backup
- Replacement cost
- Valuable items
- Umbrella insurance
- Flood insurance
- Pet damage
- Equipment breakdown
- Mold damage
Lemonade has some of the cheapest renters insurance quotes in Arizona. It charges $16 per month for $30,000 of personal property coverage on average. That's 42% cheaper than the Arizona state average.
Lemonade has a mixed reputation for customer service. The company came in third place for overall customer satisfaction among companies selling renters insurance in a recent J.D. Power survey. However, Lemonade also gets far more complaints than an average company its size.
Lemonade offers one of the fastest and easiest ways to get an online quote. In many cases, you can file and get approved for a claim in just seconds.
Lemonade, however, doesn't have agents. While you can speak to a customer service representative on the phone, you won't get the same personalized service offered by an insurance agent.
Best renters insurance for customer service in Arizona: Amica
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Editor's rating
- Cost: $17/mo
Amica has a strong customer service reputation.
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Strong customer satisfaction
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Cheap rates
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Many discounts available
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Few extra coverage options
Amica has a strong reputation for customer satisfaction. The company gets 67% fewer complaints than an average company its size according to the NAIC. As a company, Amica places a high emphasis on customer service.
At $17 per month, an Amica renters insurance policy costs less than the Arizona state average. Amica also offers several discounts that you can use to lower your rate even more.
Amica renters insurance discounts
- Claims free
- E-discount
- Auto-pay
- Bundling
- Loyalty
Amica has relatively few coverage options compared to its competitors. This shouldn't matter if you just want a basic renters insurance policy. However, if you want earthquake or water backup coverage consider a competitor like State Farm.
Arizona renters insurance: Costs by city
San Tan Valley has the cheapest renters insurance among Arizona's larger cities.
Maricopa has the most expensive coverage, at $33 per month on average.
Where you live will impact how much you pay for renters insurance. Crime, natural disasters and high labor and materials costs can lead to more expensive rates. In contrast, safer areas tend to have cheaper quotes.
City | Monthly rate | % from average |
|---|---|---|
| Avondale | $28 | 2% |
| Buckeye | $28 | 1% |
| Casa Grande | $29 | 7% |
| Casas Adobes | $28 | 2% |
| Catalina Foothills | $29 | 4% |
At $27 per month, Arizona renters insurance costs $5 more than the national average. Renters in Arizona also pay more than those in surrounding states like Nevada and California.
Tips for getting cheap renters insurance in Arizona
The best way to get cheap renters insurance in Arizona is to compare quotes from different companies. You could save $674 per year by switching from the most expensive renters insurance company in Arizona, American Family, to the cheapest, State Farm.
You can also save by taking advantage of discounts. Many companies let you bundle different types of insurance together, such as renters and auto. Other common discounts include signing up for online bill pay and installing home protection devices like smoke detectors and burglar alarms.
Common renters insurance risks in AZ
Roughly one-third of buildings in Arizona are at risk of being damaged by a wildfire.
Wildfires are one of the most common and destructive natural disasters in Arizona. Fortunately, renters insurance typically covers damage caused by fire and smoke.
Check that your renters insurance will pay for a hotel if you can't live in your home, called .
Does renters insurance in AZ cover flooding?
Your renters insurance policy does not protect you against flooding.
You'll need to buy separate flood insurance if you live in an at-risk area . Fortunately, flood insurance for renters is typically inexpensive.
Some companies like State Farm sell both renters and flood insurance. If you buy both policies through the same company, you can often take advantage of a multi-line or bundling discount.
You may not need flood insurance if you don't live in a garden unit or on the ground floor.
Frequently asked questions
Who has the best cheap renters insurance in Arizona?
offers the cheapest renters insurance in Arizona. A State Farm renters policy costs $10 per month for $30,000 in coverage to repair or replace things that you own, called personal property coverage.
What is the average cost of renters insurance in Arizona?
Renters insurance costs $28 per month in Arizona for $30,000 of personal property coverage on average. You can lower your monthly rate by shopping around and taking advantage of discounts like
How much is renters insurance in Tucson, AZ?
Renters insurance costs $27 per month in Tucson, AZ for $30,000 of personal property coverage. That's slightly below the statewide average of $28 per month.
Methodology
ValuePenguin gathered hundreds of quotes from Arizona's 25 largest cities for a single 30-year-old woman who has never filed a renters insurance claim. Coverage limits include:
- $30,000 of personal property coverage
- $9,000 for loss of use
- $500 deductible
- $100,000 of personal liability
- $1,000 of medical payments to guests
Customer service ratings were created using renters insurance quotes, company-specific complaint data from the National Association of Insurance Commissioners (NAIC) and the most recent J.D. Power 2023 renters insurance customer satisfaction survey.
These rates are only for comparative purposes. Your quotes will probably differ.
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.