The Cheapest Pennsylvania Renters Insurance Companies

If you’re a renter in the Keystone State, you’ll find renters insurance to be affordable. We researched several insurance companies in Pennsylvania, including State Farm, Liberty Mutual, Nationwide, USAA and Erie Insurance. To find the best renters insurance provider, be sure to compare companies and determine which one best fits your needs and budget. Check out each company’s reputation, financial strength, affordability and ease of use.

Find the Best Renters Insurance in Pennsylvania

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    In this article

      The first thing to consider is how much renters insurance do you need? Your coverage amount should correlate with the value of the items in your apartment. To demonstrate, if you have a few valuable items such as clothes, electronics and small appliances, you could have a lower coverage amount. If you own high-end artwork, jewelry, musical instruments, electronics or collectibles, you’ll want more coverage.

      [ More: What Does Renters Insurance Cover? ]

      When searching for providers, there are several items you want to consider:

      • Reputation: Does the carrier deliver prompt customer service and claims processing?
      • Financial strength: Does the company have the financial strength to pay claims?
      • Affordability: Is the company the cheapest renters insurance in Pennsylvania for your needs?
      • Ease of use: Can you sign up for a policy online or do you have to go through a phone agent? How easy does the provider make it to file a claim?

      These questions can help you as you research renters insurance companies.

      The best renters insurance companies in Pennsylvania 

      ProviderJ.D. PowerBBB GradeAM Best rating
      State Farm5 out of 5A+A++
      Liberty Mutual2 out of 5AA
      Nationwide2 out of 5A+A+
      USAA5 out of 5N/RA++

      Best for affordability – State Farm

      State Farm offers customizable policies to fit your needs. In addition to offering a wide array of coverage options, State Farm is also known for providing excellent customer service.

      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

      Founded in 1922, State Farm is a household name for its popular auto insurance, homeowners insurance and life insurance policies. However, the company also offers quality renters insurance for consumers who want to protect their personal property but don’t own their homes. Its renters policies offer comprehensive loss protection caused by aircraft, falling objects, fire, freezing, hailstorms, ice, lightning, snow, theft, vandalism and riots.

      Best for seniors – Liberty Mutual

      Liberty Mutual sells a wide range of insurance products, including renters insurance. You can also find many add-ons to ensure that your property is adequately insured.

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

      While Liberty Mutual’s standard renters insurance policies offer basic coverages, the discount programs exceed most other insurance companies. If a standard policy doesn’t fit your needs, Liberty Mutual has a few options such as earthquake, jewelry and replacement cost coverages to provide more comprehensive protection.

      Best for college students – Nationwide

      While Nationwide renters insurance policies are very affordable, keep in mind that some of the choices you make can help you reduce the cost of your policy. For example, you can tailor your policy to include lower coverage limits for personal property or liability, and you can steer clear of buying any add-on coverage.

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

      Nationwide’s renters policies cover the contents of your rented home or apartment and they can even provide coverage for loss of use — or the out-of-pocket expenses you’ll encounter as you find another place to live. You can also get coverage for personal liability, medical payments to others, building additions and alterations, and credit card coverage that pays for unauthorized charges made to your card.

      Best for military members – USAA

      In 1922, United Services Automobile Services (USAA) was born when 25 members of the U.S. Army formed a small organization to insure each other’s automobiles. What began as a well-orchestrated effort to help fellow Army members later became a booming organization serving all branches of military service.

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

      Because USAA understands the mobile lives of active-duty military, it ensures that all your personal belongings will be covered, no matter where they are located. In addition to the excellent coverages, USAA ranked five out of five in overall satisfaction, policy offerings, price, billing process and policy information and interaction in J.D. Power’s 2019 Renters Insurance Study.

      Best for customer service – Erie

      When it comes to renters insurance, Erie is known for its affordability and excellent customer services. However, Erie renters insurance scores lower with customers when it comes to policy offerings and business processes.

      J.D. Power Rating
      3/5
      AM Best Rating
      A+
      Standard & Poor’s
      N/A
      SimpleScore
      2.4 / 5.0
      close
      SimpleScore Erie 2.4
      Discounts 1
      Coverage Options 2
      Customer Satisfaction 3
      Support 3
      Accessibility 3

      Erie Insurance Group offers affordable renters insurance to renters in 12 states and Washington, D.C. Between the company’s competitive prices, customer service and financial resoluteness, Erie Insurance Exchange offers plenty of perks, despite offering minimal policy offerings at the rental insurance level.

      How much does renters insurance cost in Pennsylvania?

      The average cost of renters insurance in Pennsylvania is $13.17 a month, which is a little lower than the national average cost of renters insurance. Renters insurance is incredibly affordable and something you should have no matter what. Make sure you’re covered for the basics, such as floods, fires, personal injuries or thefts. Ask about add-ons available and what you should consider. The cost of your renters insurance is affected by which company you choose, the type of coverage and the deductible you select.

      [ Read: Is Renters Insurance Worth it? ]

      Choosing your provider 

      It’s always a good idea to compare local and national renters insurance carriers when choosing insurance in Pennsylvania.

      Local carrier

      Pros 

      • Understands your area better and knows which options you’re going to need covered.
      • Usually offers better rates than national providers.
      • Customizable plans according to your location.

      Cons 

      • Might be more likely to close business than a national carrier.
      • Probably not rated with J.D. Power, S&P or AM Best.
      • Doesn’t have many customer service contact options.

      National carrier

      Pros

      • Is usually rated by AM Best, S&P and J.D. Power.
      • Is usually open 24/7 with customer service available via phone, text, website and live chat.

      Cons 

      • Doesn’t have the personal touch a local carrier might.
      • Policies may be too generic.

      Things to know about renters insurance in Pennsylvania

      There are some things to consider when shopping around for renters insurance in Pennsylvania. While you probably don’t have to worry about earthquake coverage, you should be covered for floods and fires  since these can happen anywhere. Another thing to consider is getting coverage for additional living expenses if you need to stay somewhere else while your rental is being repaired.

      [ See: Does Renters Insurance Cover My Pet? ]

      Pennsylvania’s minimum renters insurance requirements

      It’s not a legal requirement for Pennsylvania residents to have renters insurance, but it’s so affordable everyone should have it. Landlords in this state can require that tenants get renters insurance as long as they require all tenants to have it. They cannot single out certain people or discriminate. Most landlords have property damage coverage, which only covers the property but not your belongings. It’s a good idea to have more than just the minimum required if your landlord demands you have coverage.

      Find the Best Renters Insurance in Pennsylvania

      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

        Pennsylvania renters insurance FAQs

        State Farm is an excellent option to consider because it offers a good mix of value and exceptional service. If you’re in the military, there’s no better choice than USAA in terms of pricing and customer service. However, the cheapest company for you will be based on several individual factors. Get several quotes to see if there are less expensive options for you.

        Loss of use will cover any additional expenses you have to incur if your rented place becomes uninhabitable due to a covered loss. Many renters insurance policies include loss of use coverage that provides financial assistance for temporary living expenses such as moving costs or hotel costs.

        Renters insurance is not a legal requirement, but many landlords require it to rent with them. Even if landlords don’t require it, renters insurance is an inexpensive policy to buy and could cover you if the unexpected happens.

        We welcome your feedback on this article and would love to hear about your experience with the insurers we recommend. Contact us at inquiries@thesimpledollar.com with comments or questions.

        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.

        Nicky LeMarco

        Contributing Writer

        Nicky LaMarco is a business and finance writer who has written for Interest, Bizfluent and Houston Chronicles.

        Reviewed by

        • Nashalie Addarich
          Nashalie Addarich
          Insurance Editor

          Nasha Addarich is an editor at The Simple Dollar and a former attorney who specializes in home insurance, auto insurance, life insurance, and savings. She is a former contributing editor to Reviews.com.