The Cheapest Nevada Renters Insurance Companies

Everything is bigger than life in Vegas, including the cost of living. The entire state of Nevada is more expensive than the U.S. average cost of living, and yet the average rate of Nevada renters insurance ($174) is not much different from the national average of $180 in 2017, making it more affordable than ever to protect your things.

Find the Best Renters Insurance in Nevada

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    America’s top-rated renters insurance

    • Policies starting at just $5/month
    • Sign up in seconds, claims paid in minutes
    • Zero hassle, zero paperwork

    Renters insurance is an essential part of renting any property because it protects you from liability if damage happens. It not only protects your valuables, but it also covers any damages to the property that may occur.

    Nevada renters insurance is not required, but it is highly recommended given its extremely low monthly premium and widespread coverage. You can sleep better at night knowing your home is safe and protected.

    In this article

      Best rental insurance companies in Nevada

      Nevada is prone to damage from lightning, extreme winds and flooding. Renters insurance not only covers your home and your belongings, but it also covers incidents where a visitor experiences damage to themselves or their belongings. Your Nevada renters insurance company will handle the medical expenses and any property reimbursement.

      Insurance policies will vary depending on your needs, and there is a wide variety of coverage that is available to you.

      We did the research and found these five companies are the best Nevada renters insurance companies:

      State Farm and Travelers are nationally known as reliable renters insurance companies, but Nevada welcomes some lesser-known names that are setting the bar higher. The best Nevada renters insurance companies are affordable and offer superior customer service.

      J.D. Power and the Better Business Bureau (BBB) judge a company by their customer satisfaction, taking into account things like the kinds of policies available, pricing and claims processing. AM Best measures a company’s financial stability, which can significantly affect how well your claim and reimbursements are handled.

      Rankings for best renters insurance companies: Nevada

      CompanyJ.D.PowerAM BestBBB
      Travelers2 out of 5A+ (Superior)A+
      CountryUnrankedA+ (Superior)A+
      State Farm5 out of 5A++ (Superior)A+
      American Family5 out of 5A (Excellent)A

      Best for bundle policy options: Country

      Country offers fantastic Nevada renters insurance with tiered pricing bundled into two different cheap renters insurance packages, Basic and Premier. It allows higher amounts of liability, offering up to $1 million in coverage. Multi-policy insurance becomes even cheaper.

      Best for affordable coverage – American Family

      American Family is J.D. Power’s #1 pick for home insurance, surpassing all other renters insurance companies in customer satisfaction, pricing, offerings and billing.

      J.D. Power Rating
      5/5
      AM Best Rating
      A
      Standard & Poor’s
      N/A
      SimpleScore
      4.8 / 5.0
      close
      SimpleScore American Family 4.8
      Discounts 5
      Coverage Options 5
      Customer Satisfaction 5
      Support 4
      Accessibility 5

      American Family Insurance offers multi-faceted coverage, making it easy to bundle your best Nevada renters insurance policy with life insurance and plans for your car, motorcycle and RV. There’s travel protection and pet insurance. American Family can tend to all of your needs while also providing affordable insurance rates.

      Best for customer service – State Farm

      State Farm is known for its customer satisfaction rates.

      J.D. Power Rating
      5/5
      AM Best Rating
      A++
      Standard & Poor’s
      AA
      SimpleScore
      4.2 / 5.0
      close
      SimpleScore State Farm 4.2
      Discounts 3
      Coverage Options 5
      Customer Satisfaction 5
      Support 4
      Accessibility 4

      It got 5 out of 5 in nearly all areas from the J.D. Power ratings, including for overall satisfaction.

      Best for multiple products – Travelers

      Travelers is one of the largest providers for auto and home insurance, so this company is a good option if you’d like to work with one company for your all your policies.

      J.D. Power Rating
      3/5
      AM Best Rating
      A++
      Standard & Poor’s
      AA
      SimpleScore
      3.8 / 5.0
      close
      SimpleScore Travelers 3.8
      Discounts 5
      Coverage Options 4
      Customer Satisfaction 2
      Support 4
      Accessibility 4

      Unlike many states, Nevada’s best cheapest insurance companies are among the top-rated in the country. With straight A’s in financial stability and customer reviews, these companies offer the most affordable renters insurance for your home and belongings.

      It makes renters insurance more attainable without making a massive dent in the budget.

      The average for Nevada cheap renters insurance is $179 per year, but the best cheap renters insurance companies come in below that price.

      These are the average annual premiums for Nevada’s best cheap renters insurance companies

    • Country: $116
    • American Family: $131
    • Travelers: $134
    • State Farm: $152
    • Coverage usually includes $15,000 in personal liability and $30,000 in property liability, but these numbers can increase based upon your needs. To make things more budget-friendly, you can also adjust your coverage to protect your home adequately.

      Find the Best Renters Insurance in Nevada

      Save money on renters insurance with our simple comparison tool.

      Matching you with providers.
      We found results in
      Click at least 2-3 companies to find the very best rate.

        America’s top-rated renters insurance

        • Policies starting at just $5/month
        • Sign up in seconds, claims paid in minutes
        • Zero hassle, zero paperwork

        Nevada renters insurance FAQs

        Nevada does not require its residents to have car insurance or renters insurance. Landlords are free to make their own rules, however, and many properties require renters insurance before you move in. If your landlord requires a certain amount, start with that required coverage. If you aren’t required to have renters insurance but want it, do a home inventory to decide how much coverage you need to cover your belongings.

        Which company is the best for you will depend on your budget and needs. Nevada is home to some of the country’s best cheap renters insurance companies. The companies listed here boast high scores in customer satisfaction.

        To choose the right policy for you, look at the eligible discounts to see if there is a lower price. You can also look for special add-on coverage that you may need from a specific insurance provider.

        The reason why renters insurance is so important is that it protects your home. Renters insurance will cover your damages to your rental property, your belongings and liability if a guest gets injured at your apartment

        You spend a fortune on your rent and utilities, so why not protect your home too? It is a minor expense when compared to the consequences of no insurance in times of trouble. Most policies will cost you little more than your morning coffee!

        Methodology

        SimpleScore

        The SimpleScore is a proprietary scoring metric we use to objectively compare products and services at The Simple Dollar.
        For every review, our editorial team:

        • Identifies five measurable aspects to compare across each brand
        • Determines the rating criteria for each aspect score
        • Averages the five aspect scores to produce a single SimpleScore™

        Here’s a breakdown of the five aspect scores and their rating criteria for our renters insurance reviews.

        Why do some brands have different SimpleScores on different pages?

        To ensure the SimpleScore is as helpful and accurate as possible, we developed unique criteria for every category we compare at The Simple Dollar. Since most brands offer a variety of financial solutions, their products and services will score differently depending on what we’re scoring on a given page.

        However, it’s also possible for the same product from the same brand to have multiple SimpleScores. For instance, if we compare State Farm’s home insurance according to our criteria for the best home insurance, it scores a 3.8 out of 5. But when we compare State Farm according to the criteria for the best auto insurance, it scores higher, since the features the company offers can vary by the type of insurance.

        Discounts

        We awarded higher scores to insurance providers with more discounts available on their website.

        Coverage Options

        We gave providers with more renter insurance coverage options a higher score because they’re more likely to have a policy that best meets your needs.

        Support

        We awarded higher scores to renters insurance providers with the most channels for customer support.

        Customer Satisfaction

        We leveraged the J.D. Power Home Insurance Satisfaction Study℠ to see how customers rated their experience with each insurance provider. (If a provider wasn’t included in J.D. Power’s study, we skipped this aspect and averaged the four remaining aspect scores.)

        Accessibility

        We awarded higher scores to insurance providers that have more online and mobile features to easily manage your policy and claims.

        Lena Borrelli

        Contributing Writer

        Lena Borrelli is a Tampa-based freelance writer who has worked with leading industry titans, such as Morgan Stanley, Wells Fargo, and Simon Corporation. Her work has most recently been published on sites like TIME, ADT, Fiscal Tiger, Bankrate and Home Advisor, as well as many other websites and blogs around the world.