How Much is Renters Insurance in Costa Mesa, CA

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The average cost of renters insurance in Costa Mesa, CA is $234 per year (for insurance coverage of $40,000 in personal property coverage, $100,000 in liability coverage, and $1000 as deductible) — that’s $23 less than the state average of $257 a year.

It can be higher or lower depending on the coverage options you choose and the amount of liability the policy provides. If you live in a rented apartment or home, you should consider buying renters insurance because it protects your personal belongings from damage caused due to covered peril such as fire or smoke damage, theft, vandalism, and other mishaps.

We did a thorough analysis of renters insurance companies to find the most affordable options for Costa Mesa renters. Keep reading to find out the cheapest renters insurance companies in Costa Mesa.

What is the average cost of renters insurance per month in Costa Mesa?

On average, the cost of renters insurance in Costa Mesa is $20 a month. It’s $1 less than the state average of $21. Renters in Costa Mesa pay these rates for the coverage limit of $40,000 personal property coverage, $1,000 deductible and $100,000 liability protection coverage.

The renters insurance rates vary by city depending on your insurance provider and the coverage limits you decide. For example, renters in Costa Mesa pay $16 per month for personal property coverage of $20,000 and $1,000 deductible. However, if you decide to increase the personal property coverage limit to $40,000, you will pay $4 more for renters insurance.

Now, you’ll have to decide how much coverage you need and how much you can afford. However, it is recommended, if your personal belongings consist of expensive jewelry, furniture, and electronics, you should choose higher coverage limits.

How much is renters insurance in Costa Mesa by deductible?

The renters insurance cost in Costa Mesa is $198 per year for a $500 deductible and $20,000 as personal property coverage. A deductible is an amount you agree to pay before your insurance company kicks in. If you increase your deductible limit, your insurance cost will go down. For instance, if the personal property coverage is the same, i.e., $20,000, but you increase your deductible limit from $500 to $1,000, you will pay $10 less every year for insurance.

Below are the renters insurance rates for different personal property coverage and deductible amount.

Deductible	$20,000 personal property	$40,000 personal property	$60,000 personal property
500	$198	$250	$305
1000	$188	$234	$282

Note: The liability protection coverage is $1,000.

Read our guide to know what does renters insurance cover.

Who offers cheap renters insurance in Costa Mesa?

Your search for the cheapest renters insurance company ends here.

Auto Club Enterprises (AAA) offers the cheapest renters insurance in Costa Mesa at about $151 a year or $13 per month. According to Insure.com data analysis, Mercury Insurance ranks second on our list followed by USAA (Note: USAA offers home insurance only to members of the military, veterans and their immediate families.).

Our experts at Insure.com evaluated renters insurance quotes from all the big and small insurance companies in Costa Mesa and put together a list of the most affordable insurance carriers. Below are the average annual and monthly rates of the cheap renters insurance companies across Costa Mesa, CA.

Renter insurance provider	Average annual rate	Average per month rate
Auto Club Enterprises (AAA)	$151	$13
Mercury Insurance	$155	$13
USAA	$160	$13
State Farm	$174	$15
Travelers	$196	$16
CSAA Insurance (AAA)	$200	$17
Allstate	$257	$21
Farmers	$261	$22
Nationwide	$492	$41

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for renters insurance rates in Birmingham, Alabama, for $40,000 personal property coverage, $100,000 liability coverage, and a $1000 deductible for around 35,000 ZIP codes.