The Best Renters Insurance Companies in Seattle
Lemonade has the best cheap renters insurance in Seattle, at just $5 per month.
Compare Cheap Renters Insurance in Seattle
Best cheap renters insurance in Seattle
Cheapest renters insurance in Seattle
The average cost of renters insurance citywide is $14 per month, or $162 per year.
Lemonade has the cheapest renters insurance in Seattle. A policy from Lemonade costs about $5 per month, or $60 per year. That's 63% less than the city average, and half as expensive as the second cheapest company.
Compare Cheap Renters Insurance in Seattle
Cheapest monthly renters insurance quotes in Seattle
Company | Monthly cost | |
|---|---|---|
| Lemonade | $5 |
| State Farm | $10 |
| Amica | $11 |
| Travelers | $14 |
| Nationwide | $14 |
| Allstate | $18 |
| Farmers | $22 |
Best rates for most renters in Seattle: Lemonade
Monthly rate: $5 ?
Pros and cons
Lemonade is an extremely affordable, convenient and dependable option for renters insurance in Seattle, making it the top pick overall. The cost of coverage from Lemonade is about two-thirds cheaper than the average across all insurers, at just $5 per month.
Lemonade has an easy-to-use mobile app and online experience. The company has also received few complaints from customers, suggesting people tend to be happy with their service.
However, there are two potential drawbacks to Lemonade: no in-person offices and few bundling options. Unlike some legacy insurers, you won't have a dedicated agent to meet with. You'll have to manage your policy and make claims on your own.
If you have car insurance, you might prefer to keep all your insurance in one place for simplicity's sake. However, the bundling discount for combining renters insurance tends to be on the small side, so it's unlikely you'll lose money by not bundling your renters insurance.
Best renters insurance with earthquake coverage: State Farm
Monthly rate: $10 ?
Pros and cons
For renters who want to buy earthquake coverage with their renters insurance policy, we recommend State Farm.
At $10 per month, or $125 per year, State Farm is the second-cheapest insurance company we found in Seattle — but it's still more than twice the price of Lemonade.
State Farm is generally well-liked by its customers. It received fewer complaints than average according to the NAIC, and it ranked well in J.D. Power's customer survey.
Unfortunately, State Farm doesn't offer many non-earthquake additional coverage options, such as water backup protection or replacement cost coverage. But you can bundle your renters insurance with a State Farm auto policy to reduce your overall rates a little and make managing your policies easier.
Best customer service: Amica
Monthly rate: $11 ?
Pros and cons
Amica is the best choice for Seattle renters who prioritize smooth claims and great customer service. It's a little more expensive than other companies, but Amica customers are consistently happy with their experience.
Renters insurance from Amica costs about $11 per month, which is 16% less than the city average, but more than either of our top picks.
Amica receives far fewer complaints than an average insurance company its size. This suggests customers are generally happy with the service they receive.
Amica also offers plenty of discounts to help make its coverage more affordable.
- Bundling renters and auto insurance discount
- Automatic payments discount
- Paperless discount
- Claims-free discount
- A discount for switching to Amica after having the same insurance company for two years or longer
Best renters insurance in Seattle
Amica has the best-rated customer service for renters in Seattle.
The company earned the highest ValuePenguin editors' score, which is based on customer service reviews, coverage availability and the overall value it offers customers.
USAA also scored top marks for its service. However, it's only available to people affiliated with the military.
Company |
Rating
|
|---|---|
| Amica | |
| Lemonade | |
| State Farm | |
| Nationwide | |
| Farmers |
It's important to consider customer service reviews along with the cost of insurance when shopping for a renters policy.
You can count on a company with great reviews to provide an easy claims process, which means you'll be able to get your life back to normal quickly if you experience an emergency. On the other hand, you might end up paying more to replace your stuff if you choose a company with a reputation for bad service.
Frequently asked questions
How much is renters insurance in Seattle?
The average cost of renters insurance in Seattle is $162 per year, or about $14 per month..
Who has the best renters insurance in Seattle?
Lemonade has the best renters insurance for most people in Seattle. At $5 per month, coverage from Lemonade is extremely affordable and offers reliable customer service, plus a great online experience.
Methodology
To find the cheapest renters insurance in Seattle, ValuePenguin gathered quotes from six top companies that offer coverage across the Seattle area. Renters insurance rates are for a 25-year-old man with no pets who lives on his own.
Rates include the following coverage limits:
Coverage | Limit |
|---|---|
| Personal property | $30,000 |
| Personal liability | $100,000 |
| Medical payments | $1,000 |
| Deductible | $500 |
To determine the best renters insurance in Seattle, we rated companies based on data from the National Association of Insurance Commissioners (NAIC) Complaint Index, J.D. Power's annual customer satisfaction survey and ValuePenguin's editors' rating.
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.