There’s a lot to take into account when shopping for renters insurance, but we’ve compiled a list of the top providers in California. Our insurance experts have analyzed price quotes from California’s largest renters insurance companies to help make your decision easier. Below is the list of cheapest renters insurance companies in California:
- USAA
- State Farm
- Interins Exch Of The Automobile Club
- Safeco
- Garrison
Cheapest renters insurance companies in California
USAA offers the cheapest renters insurance in California at an average annual rate of $169 or $14 per month. Based on Insure.com’s rate analysis, we have mentioned cheap renters insurance companies in California along with their average annual rates.
| Company | Average annual rate | Average monthly rate |
|---|---|---|
| USAA | $169 | $14 |
| State Farm | $177 | $15 |
| Interins Exch Of The Automobile Club | $183 | $15 |
| Safeco | $186 | $16 |
| Garrison | $191 | $16 |
| Travelers | $197 | $16 |
| Farmers | $198 | $17 |
| Fire Ins Exch | $210 | $18 |
| Allstate | $255 | $21 |
| CSAA | $261 | $22 |
| Nationwide | $301 | $25 |
| Crestbrook | $933 | $78 |
Average cost of renters insurance in California by coverage level
In California, the average cost of renters insurance is $225 per year or $19 per month, that’s $101 less than the national average of $326. These rates are for the coverage level of $20,000 for personal property, $1000 as deductible and $300,000 as liability protection.
Find below average cost of renters insurance in California for coverage levels of- $40,000 and $60,000 with liability protection of $300,000 and $1000 as deductible.
| Coverage level | Avg. annual renters insurance rate | Avg. monthly renters insurance rate |
|---|---|---|
| $20,000 | $225 | $19 |
| $40,000 | $281 | $23 |
| $60,000 | $338 | $28 |
Most affordable ZIP codes for renters insurance in California
How much California renters pay for insurance majorly depends on the zip code they live in. Based on our findings, the most affordable zip code for renters insurance in California is 93433. Its average annual rate $180 or $15 per month.
The above mentioned rates are for the coverage limits of $40,000 for personal property, $1000 as deductible, and 100,000 in liability protection. Rates vary based on the zip code, that’s why comparing quotes is one of the easiest ways to get the best deal on renters insurance in California.
| ZIP code | Average annual rate | Average monthly rate |
|---|---|---|
| 93433 | $180 | $15 |
| 93401 | $181 | $15 |
| 93430 | $182 | $15 |
| 93435 | $183 | $15 |
| 93427 | $185 | $15 |
| 93105 | $186 | $16 |
| 93429 | $188 | $16 |
| 93432 | $191 | $16 |
| 93013 | $192 | $16 |
| 93067 | $193 | $16 |
Least affordable ZIP codes for renters insurance in California
Your zip code, among other factors, affects how much you pay for renters insurance in California. 94601 is the least affordable zip code for California renters at an average cost of $354 a year or $30 monthly.
We have analyzed quotes from the major insurance carriers across all the zip codes in California. Below we’ll provide the average annual renters insurance costs by ZIP code, also find out how much renters insurance costs per month.
| ZIP code | Average annual rate | Average monthly rate |
|---|---|---|
| 94601 | $354 | $30 |
| 94603 | $353 | $29 |
| 90046 | $352 | $29 |
| 90048 | $351 | $29 |
| 90068 | $350 | $29 |
| 94608 | $349 | $29 |
| 90016 | $348 | $29 |
| 90006 | $347 | $29 |
| 90015 | $346 | $29 |
| 91344 | $345 | $29 |
Renters and auto bundle discounts in California
If you’re looking for ways to trim costs on your insurance premiums, consider purchasing both renters and auto policies from the same company. Bundling policies can help you save an average of $140 per year in California. United Financial Cas Co offers the cheapest rate on renters and auto insurance bundle, you can save an average of $273 annually or 14%.
| Company | Average annual rate | Average base annual rate (without bundling) | $ bundle average savings | % bundle average savings |
|---|---|---|---|---|
| United Financial Cas Co | $1,635 | $1,908 | $273 | 14% |
| Mercury | $1,850 | $1,867 | $18 | 1% |
| Nationwide | $2,069 | $2,285 | $216 | 9% |
| State Farm | $2,127 | $2,314 | $187 | 8% |
| Interins Exch Of The Automobile Club | $2,176 | $2,263 | $87 | 4% |
| Travelers | $2,184 | $2,292 | $108 | 5% |
| CSAA | $2,188 | $2,312 | $124 | 5% |
| Allstate | $2,322 | $2,436 | $114 | 5% |
| Farmers | $2,635 | $2,772 | $137 | 5% |
