The Best Cheap Renters Insurance Quotes in Texas
Lemonade has the cheapest renters insurance quotes in Texas — a policy costs $13 per month, or $151 per year, on average.
Find Cheap Renters Insurance Quotes in Your Area
Renters insurance only costs a few dollars per month, but it's worth the investment. We collected more than 100 renters insurance quotes to find the best renters insurance companies in Texas.
Finding cheap renters insurance in Texas
The cheapest renters insurance rates in Texas come from Lemonade, where a policy costs $151 per year. That's $68 per year cheaper than the statewide average.
The average cost of renters insurance in Texas is $18 per month, or $219 per year.
Find Cheap Renters Insurance Quotes in Your Area
There's a large difference in price across renters insurance companies in Texas. The most expensive renters insurance company, Allstate, costs more than twice as much as the cheapest option, Lemonade. That means Texans can save $168 per year by switching renters insurance providers.
Best renters insurance for most people: Lemonade
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Editor rating
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Average monthly rate
$13 ?
Pros and cons
Lemonade is our recommendation for most renters in Texas. It offers the cheapest renters insurance in Texas at just $13 per month, which is 31% cheaper than the state average.
Lemonade also offers Texas renters an intuitive online experience — it only takes a few minutes to shop for a policy or file a claim. According to Lemonade, 30% of claims are handled instantly, which is probably one of the reasons J.D. Power awarded the company with the second-best score on its annual customer satisfaction survey.
However, Lemonade received nearly twice as many complaints as competitors of a similar size, according to the National Association of Insurance Commissioners (NAIC). And Lemonade doesn't currently offer car insurance in Texas, which means that tenants can't bundle their renters and auto policies.
Best customer service: Amica
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Editor rating
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Average monthly rate
$16 ?
Pros and cons
Amica is the best-rated renters insurance company in Texas. The company only receives a third as many complaints as other insurers of a similar size, according to the NAIC. That means most renters insured with Amica are happy with their experience working with the company. It also received a high score from ValuePenguin editors based on its policy offerings, customer service reviews and the value it provides renters.
In addition, Amica offers the second-cheapest renters insurance quotes in Texas. A policy costs $16 per month, or $187 per year, on average. That's $32 per year cheaper than the statewide average.
Best apartment renters insurance: Liberty Mutual
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Editor rating
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Average monthly rate
$10 ?
Pros and cons
Liberty Mutual offers cheap rates for people in Texas who rent an apartment. Apartment renters pay an average of $10 per month, or $116 per year, for $25,000 of personal property coverage. Liberty Mutual also gives you the option to share a policy with your roommates, which can save you money compared to purchasing two separate policies, a feature not offered by all insurers.
Liberty Mutual's customer service experience has mixed reviews. The insurer receives fewer complaints than expected based on its size, according to the NAIC. However, it scored below average on J.D. Power's annual customer satisfaction survey, indicating that policyholders weren't happy with their experience.
Additionally, renters can only insure a maximum of $25,000 of personal property with Liberty Mutual. That's fairly low for a house, but it might be enough coverage for apartment renters. We recommend taking a home inventory to help determine the amount of personal property coverage you need before comparing quotes.
Renters insurance in Texas: rates by city
Renters in Houston pay the highest rates in the state, at $290 per year — 32% more than the state average.
In comparison, renters in Denton have the cheapest renters insurance among major cities in Texas — $182 per year, on average.
Proximity to the coast can have a significant effect on your renters insurance rate. That's because coastal weather can cause a lot of damage, which is expensive for insurance companies. We reviewed renters insurance quotes for 25 of the largest cities in Texas, and three of the most expensive — Houston, Pasadena and Corpus Christi — are all located along the coast.
City | Average annual rate | Difference from state average (%) |
|---|---|---|
| Amarillo | $195 | -11% |
| Arlington | $222 | 1% |
| Austin | $200 | -9% |
| Brownsville | $240 | 10% |
| Carrollton | $215 | -2% |
Best renters insurance in Texas
Amica has the best-rated renters insurance in Texas.
Renters are happy with Amica's customer service experience — the company receives fewer complaints than other insurers of a similar size, according to the NAIC Complaint Index.
Choosing a renters insurance company with strong customer service is essential. An insurer with great customer service will be there to answer questions and help you navigate your policy, which is especially important when your property is damaged and you have to make a claim.
Company |
Rating
|
|---|---|
| USAA | |
| Amica | |
| Lemonade | |
| Farmers | |
| Nationwide | |
| Allstate | |
| Travelers |
Active-duty military members, veterans and their families can also find excellent service with USAA. However, not all Texans are eligible to purchase a policy.
What does renters insurance cover in Texas?
Almost every renters insurance company provides all of the following basic coverages. If you're looking at a renters insurance company that doesn't offer these coverages, you may want to look elsewhere.
- Personal property coverage pays to repair or replace any of your personal property if it's damaged or stolen. This includes things like furniture, clothing, appliances, electronics and more.
- Liability coverage pays for injuries or property damage that you're responsible for, like if a guest is hurt in your home.
- Medical payments coveragepays for limited medical costs for others if they're injured at your home, regardless of who is at fault.
- Additional living expenses pays for a short-term rental or other accommodation, along with other extra expenses you may incur, if your apartment is unlivable due to damage covered by your insurance.
In addition, many renters insurance companies offer optional coverages that you can add on for a fee. Here are some key optional coverages to consider when buying renters insurance:
- Replacement cost coverage pays the full cost to replace an item after it's damaged or stolen, rather than the depreciated value.
- Valuable items coverage pays the full cost of high-value items like jewelry, musical instruments and electronics, which often have limited protection under typical policies.
- Water backup coverage pays to repair or replace items damaged by water due to backup from a drain.
- Flood insurance covers damage to your property due to flooding, which isn't included in standard renters insurance policies. Flood insurance is usually sold as a separate policy, not as an endorsement to renters insurance.
Frequently asked questions
How much is renters insurance in Texas?
The average cost of renters insurance in Texas is $18 per month, or $219 per year. That's $4 per year more expensive than the national average.
How much does renters insurance cost in Corpus Christi?
Renters in Corpus Christi can expect to pay $251 per year, or $21 per month, for renters insurance, which is 15% more than the state average.
Is renters insurance required in Texas?
No, renters insurance is not required in Texas. However, your landlord or property management company may require you to purchase a policy.
Who has the cheapest renters insurance in Texas?
Lemonade offers the cheapest renters insurance in Texas. At $151 per year, or $13 per month, it's $68 cheaper than the state average.
Methodology
To find the best renters insurance in the state of Texas, we collected quotes for sample renters in 25 of the largest cities across the state from six major renters insurance companies. Quotes are based on a single, 30-year-old man who lives alone and has never made a renters insurance claim.
We collected quotes based on the following coverage limits:
Coverage | Limit |
|---|---|
| Personal property | $30,000 |
| Personal liability | $100,000 |
| Medical payments | $1,000 |
| Loss of use | $9,000 |
| Deductible | $500 |
To compare apartment renters quotes, we collected quotes from 10 of the largest cities using the limits above. Liberty Mutual quotes were based on $25,000 of coverage, the maximum amount offered by the insurer.
Customer service ratings were determined based on J.D. Power's annual customer satisfaction survey, our own ValuePenguin editor's rating and the National Association of Insurance Commissioners (NAIC) Complaint Index.