How much is renters insurance in Anaheim, CA

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The average cost of renters insurance in Anaheim, CA is $244 per year (for insurance coverage of $40,000 in personal property coverage, $300,000 in liability coverage and $1000 as deductible) — that’s $27 less than the state average of $271 a year.

It can be higher or lower depending on the coverage limit 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 by covered perils 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 Anaheim renters. Keep reading to find out the cheapest renters insurance companies in Anaheim.

Key Takeaways

Renters insurance in Anaheim costs an average of $244 per year or $20 monthly.
Mercury Insurance offers the cheapest renters in Anaheim, with a monthly premium of $13.
Renters can save more on insurance by taking advantage of discounts, including those for having a security system or bundling policies.

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

On average, renters in Anaheim pay $20 per month for renters insurance, which is $3 less than the state average of $23. The policy includes $40,000 in personal property, $300,000 in liability protection and a $1,000 deductible.

The cost of renters insurance in Anaheim varies depending on your carrier and the coverage limit you select. Renters in Anaheim typically pay $17 monthly for $20,000 in personal property coverage and a $1,000 deductible. If you decide to increase your coverage to $40,000, you’ll see an increase of $3 more in your monthly premium.

You’ll need to decide on the coverage that best fits your needs and budget. However, choosing higher coverage limits is a good idea if you own valuable items like jewelry, electronics, or furniture.

How much is renters insurance in Anaheim by deductible?

The average cost of renters insurance in Anaheim is $210 annually for a $500 deductible and $20,000 in personal property coverage

The deductible is the amount you pay out-of-pocket before your insurance kicks in. If you raise your deductible, your premiums will decrease. For example, if you maintain $20,000 in personal property coverage but increase your deductible from $500 to $1,000, you’ll save $10 every year on your insurance.

Here are the renters insurance premiums for different personal property coverage and deductible amounts.

Deductible	$20000 personal property	$40000 personal property	$60000 personal property
$500	$210	$260	$308
$1,000	$200	$244	$288

Read our guide to know what does renters insurance cover.

Who offers cheap renters insurance in Anaheim?

Your search for the cheapest renters insurance company ends here.

Mercury Insurance offers the cheapest renters insurance in Anaheim at $155 a year or $13 per month. According to Insure.com’s data analysis, Auto Club Enterprises (AAA) ranks second on our list followed by State Farm.

Our experts at Insure.com evaluated renters insurance quotes from all the big and small insurance companies in Anaheim 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 in Anaheim, CA.

Renter insurance provider	Average annual rate	Average per month rate
Mercury Insurance	$155	$13
Auto Club Enterprises (AAA)	$188	$16
State Farm	$199	$17
Farmers	$201	$17
CSAA Insurance (AAA)	$205	$17
Travelers	$273	$23
Allstate	$312	$26
Nationwide	$462	$39
USAA	$190	$16

Tips for lowering the cost of renters insurance

Follow these tips to reduce the cost of your renters insurance in Anaheim:

Bundle policies: If you have other insurance policies, such as car insurance, consider bundling them with the same company. Many insurers in Anaheim provide discounts for bundled policies.

Increase your deductible: Opting for a higher deductible can lower your premium in Anaheim, but make sure you’re comfortable with the potential out-of-pocket costs if you file a claim.

Choose the right coverage amount: Review your renters insurance policy regularly to ensure you aren’t paying for unnecessary coverage, such as excess personal property coverage if you don’t own many valuables.

Avoid filing too many claims: Filing frequent small claims can increase your rates. It might be worth paying for minor damages out-of-pocket instead of using your insurance.

Compare quotes: Don’t accept the first quote you get. Shop around and compare renters insurance rates from different insurers in Anaheim to find the best deal.

Final thoughts

Renters in Anaheim, CA should purchase renters insurance to protect their belongings and financial health. The cost of coverage varies based on your location, coverage limits and individual circumstances. To find the best deal, evaluate your coverage needs, compare quotes from different providers and take advantage of any available discounts.

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for renters insurance rates in Anaheim for $40,000 personal property coverage, $300,000 liability coverage, and a $1000 deductible. The data presented are those with a good credit tier alignment.

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Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.