Policygenius Renters Insurance

Policygenius users interested in renters insurance first take a short survey. This survey, which takes less than five minutes to complete, requests basic personal information and details about your home. Once you’re finished, Policygenius connects you to several partner companies that offer renters insurance. If Policygenius doesn’t have any partners in your area, it recommends other companies that provide renters insurance.

Policygenius estimates that renters insurance for a Los Angeles apartment costs about $17.50 a month. This includes $100,000 of liability coverage, $10,000 in personal property coverage and a $250 deductible. We found plans as low as $12 a month in other areas of the country.

Consumers who use Policygenius save time and often pay less because the website collects quotes from multiple insurers, which makes it easier to compare prices.

Policygenius renters insurance plans vary depending on your location and the insurance provider. Renters insurance typically covers:

• Damage to personal possessions
• Personal liability and relevant legal and medical bills
• Temporary living expenses

Renters insurance sometimes covers:

• Cost of spoiled food caused by refrigerator breakdowns
• Possessions stored in a car or storage facility
• Other people’s possessions in your home
• Fraudulent credit card charges due to theft

What does Policygenius renters insurance not cover?

Standard renters insurance through Policygenius doesn’t cover:

• Damage to the rental property
• Damage from specific natural disasters
• Pest damage

Most renters insurance policies are affordable, and you can save further by qualifying for discounts. Some of the most common discounts through Policygenius' partners include savings for:

• Nonsmoking households
• Bundling policies
• Having stormproof windows
• Seniors
• Not filing claims
• Upfront payment
• Paperless billing
• Living in a gated community
• Installing smoke detectors
• Having a home alarm systems

The surest way to save money on renters insurance is to choose a plan with a higher deductible. This helps you save money on premiums regardless of policy or location. Just keep in mind you pay more out of pocket if you have to file a claim.

Policygenius is worth it for most people. It’s free, takes only a few minutes to try and requires no commitment. Policygenius is a great way to compare prices without having to manually request quotes from dozens of companies. As a result, it’s easier for users to save money on their renters insurance policies. We recommend Policygenius.