Home Home insurance Renters insurance Renters insurance cost California San Francisco, CA How Much is Renters Insurance in San Francisco, CA By Insure.com's Editor | Posted on April 6, 2022 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing honest and reliable information so that you can make the best financial decisions for you and your family. All of our content is written and reviewed by industry professionals and insurance experts. We maintain strict editorial independence from insurance companies to maintain our editorial integrity, so our recommendations are unbiased and are based on a comprehensive list of criteria. The average cost of renters insurance in San Francisco, CA is $302 per year (for insurance coverage of $40,000 in personal property coverage, $100,000 in liability coverage, and $1000 as deductible) — that’s $42 more than the state average of $260 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 San Francisco renters. Keep reading to find out the cheapest renters insurance companies in San Francisco. What is the average cost of renters insurance per month in San Francisco? On average, the cost of renters insurance in San Francisco is $25.17 a month. It’s ~$4 more than the state average of $21.67. Renters in San Francisco 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 San Francisco pay $20.00 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 ~$5 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 San Francisco by deductible? The renters insurance cost in San Francisco is $253 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 ~$13 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 property500$253$321$3881000$240$302$364Note: The liability protection coverage is $1,000. Read our guide to know what does renters insurance cover. Who offers cheap renters insurance in San Francisco? Your search for the cheapest renters insurance company ends here. State Farm Grp offers the cheapest renters insurance in San Francisco at about $201 a year or $16.75 per month. According to Insure.com data analysis, Farmers Ins Grp ranks second on our list followed by Travelers Grp. Our experts at Insure.com evaluated renters insurance quotes from all the big and small insurance companies in San Francisco 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 San Francisco, CA.Renter insurance providerAverage annual rateAverage per month rateState Farm Grp$201$16.75Farmers Ins Grp$205$17.08Travelers Grp$213$17.75Auto Club Enterprises Ins Grp$235$19.58Liberty Mut Grp$242$20.17USAA Grp$264$22.00Allstate Ins Grp$299$24.92CSAA Ins Grp$303$25.25Nationwide Corp Grp$787$65.58 How much is renters insurance in other citiesAnaheimBrisbaneChinoClovisCosta MesaHuntington BeachLos AngelesSanta ClaritaTemecula Related Articles Cost of living comparison by state By Casey Bond Personal liability insurance: What it is and why you need it By Barry Eitel Mobile home insurance: What does it cover and how much does it cost? By Chris Kissell Renters insurance quotes: Compare rates By Chris Kissell Average home insurance cost in 2023 By Barry Eitel How to protect your home from lightning strikes By Nupur Gambhir Table of contents What is the average cost of renters insurance per month in San Francisco? How much is renters insurance in San Francisco by deductible? Who offers cheap renters insurance in San Francisco? Get instant quotes now ! Please enter valid zip Get quote