The Best Cheap Renters Insurance in Washington State for 2024
Lemonade offers the cheapest renters insurance in Washington state. The company charges $9 per month on average.
Compare Cheap Renters Insurance Quotes in Washington
Best Cheap Renters Insurance in WA
Our experts compared companies by cost, customer service, coverage and discounts to find the best renters insurance in Washington state.
ValuePenguin editors calculated average rates by collecting hundreds of quotes from top renters insurance companies across 25 of the largest cities in Washington state.
Cheapest renters insurance companies in Washington state
Lemonade has the cheapest renters insurance quotes in WA state at $9 per month for $30,000 of personal property coverage.
That's 44% cheaper than the Washington state average of $17 per month. State Farm and Amica also have lower-than-average rates for renters insurance.
Compare Cheap Renters Insurance Quotes in Washington
While not among the cheapest options, an Allstate renters insurance policy costs just $17 per month for $30,000 of personal property coverage, which is the same as the Washington state average.
Top renters insurance companies in Washington
Company | Monthly cost | ||
|---|---|---|---|
| Lemonade | $9 | |
| State Farm | $10 | |
| Amica | $14 | |
| Allstate | $17 | |
| Progressive | $19 | |
Best renters insurance in Washington for most people: State Farm
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Editor's rating
- Cost: $9/mo
State Farm offers the best combination of cheap quotes and good customer service among top renters insurance companies in Washington state.
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Affordable rates
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Good customer satisfaction
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Strong network of local agents
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Many extra coverage options
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Few discounts
State Farm has the second cheapest rates for renters insurance in Washington state at $10 per month for $30,000 of personal property coverage. That's 40% cheaper than the state average of $17 per month.
State Farm also has a good customer service reputation. It was rated above average for customer satisfaction, according to a recent J.D. Power survey.
Consider a company's customer service reputation along with rates and coverage when shopping for renters insurance.
State Farm lets you personalize your policy with a range of different coverage add-ons.
State Farm coverage options
- Water backup
- Replacement cost
- Valuable items
- Umbrella insurance
State Farm only offers two discounts for renters insurance. The company has a good renters-auto bundling discount. You'll also save on your monthly rate if your rented home or apartment has a burglar, fire or carbon monoxide alarm installed.
Cheapest renters insurance in WA: Lemonade
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Editor's rating
- Cost: $9/mo
Lemonade has the cheapest renters insurance rates in Washington state.
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Cheap quotes
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Many coverage add-ons available
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Easy online shopping experience
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Few discounts
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Mixed customer satisfaction
Renters insurance from Lemonade costs $9 per month for $30,000 of personal property coverage on average. That's 44% cheaper than the Washington state average.
Lemonade has a mixed customer satisfaction record. The company scored high on a recent J.D. Power customer satisfaction survey for renters insurance. However, Lemonade gets more than three times as many complaints as an average company its size, according to the industry group the National Association of Insurance Commissioners (NAIC).
Lemonade takes a digital-first approach to selling and managing insurance. As a result, the Lemonade quote process is fast and streamlined. That makes it a good choice for people who prioritize convenience. However, you should consider a different company if you prefer the personalized service offered by a local agent.
Lemonade lets you save on your monthly rate when you bundle your renters and auto coverage. The company also offers discounts if you have a burglar or fire alarm installed and if you pay for your annual bill in full.
Best renters insurance in Washington state for customer service: Amica
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Editor's rating
- Cost: $14/mo
Amica gets significantly fewer complaints than an average insurance company its size.
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Cheap quotes
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Strong customer service
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Many discounts available
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Few extra coverage options
Amica gets 67% fewer complaints than an average insurance company its size, according to the NAIC. That makes it a good choice for people who place a high priority on customer service. It's important to choose a company that has a strong customer service reputation because it means you're more likely to have a smooth claims process down the road.
Amica also has cheap rates for renters insurance, at $14 per month, on average, for $30,000 of personal property coverage. That's 18% below the Washington state average. You can lower your monthly rate even further by taking advantage of one or more of Amica's renters insurance discounts.
Amica renters insurance discounts
- E-discount: Sign up for online billing to take advantage of this discount.
- Bundling: Save when you get both auto and renters insurance through Amica.
- Automatic payments: Become eligible for this discount by signing up for autopay.
- Claims free: Get this discount once you've gone at least three years without filing a claim.
- Loyalty: You'll qualify for this discount when you've had an Amica policy for at least two years.
Amica also lets you personalize your coverage with several add-ons. For example, you can upgrade your policy to include replacement coverage, which means Amica will replace or repair stolen or damaged items, in full, regardless of any wear and tear. You can also buy extra coverage for identity theft, higher limits for valuable items like jewelry and high-end electronics, equipment breakdown and flood insurance.
Washington renters insurance: Costs by city
Lakewood, a Tacoma suburb, has the most expensive renters insurance quotes in Washington, averaging $22 per month for $30,000 of personal property coverage. Olympia, the state capital, has the cheapest rates, with an average cost of $16 per month.
How much you pay for renters insurance will depend on where you live. Factors like crime rates, natural disasters and the cost to repair or replace your personal property will all influence your monthly rate.
City | Monthly rate | % from average |
|---|---|---|
| Auburn | $21 | 25% |
| Bellevue | $19 | 12% |
| Bellingham | $16 | -7% |
| Everett | $17 | -1% |
| Federal Way | $17 | 2% |
Renters insurance in Washington costs an average of $17 per month for $30,000 of personal property coverage. That's $6 per month cheaper than the national average.
How to get cheap renters insurance in Washington
Compare quotes and take advantage of discounts to get the cheapest renters insurance in Washington state.
You could save hundreds of dollars per year by switching renters insurance companies. The difference between the cheapest renters insurance company in WA, Lemonade, and the most expensive, Farmers, is $17 per month or $204 per year.
Keep in mind that companies with more expensive rates don't necessarily offer better coverage or service. For example, Lemonade has a higher satisfaction rating than Farmers, according to a recent J.D. Power survey.
Renters insurance discounts
Most companies that sell renters insurance offer at least several discounts. When comparing quotes, it's important to factor in all discounts you may qualify for to get a more accurate picture of your final costs.
Common renters insurance discounts in WA state
- Renters-auto bundling
- Home security features
- Automatic payment
- Pay in full
Common natural disasters in Washington
Renters in Washington state may need protection against wildfires, floods and earthquakes.
Washington state gets 900 wildfires per year on average. Roughly 70% of those fires happen east of the Cascade Mountains. Most wildfires are small. However, major fires in Washington state can spread to over 100,000 acres.
Most renters insurance policies will cover damage caused by smoke and fire. However, you may need separate fire coverage if you live in a part of the state that often gets wildfires.
Flood coverage in Washington state
Flooding is the most common and destructive national disaster in Washington state. Renters insurance will not cover damage caused by floods, so you should consider buying a separate flood insurance policy if you live in a floodplain or another high-risk area.
You can look up your address on the FEMA flood map tool to find your risk level.
Consider earthquake coverage if you live in Western Washington. Washington has the second highest likelihood of experiencing a major earthquake out of any state in the U.S.
Most of the populated areas of the state have a 40% to 80% chance that they will experience a major earthquake in the next 50 years, according to the Washington State Department of Natural Resources. That's because if an earthquake hits Washington state, it's most likely to happen in the western parts of the state where most of the state residents live, such as Seattle, Tacoma and Bellevue.
Frequently asked questions
What is the best company for renters insurance in Washington?
is the best company for renters insurance in Washington state. It has cheap rates and a strong customer service reputation.
How much does renters insurance cost in Seattle?
Renters insurance in Seattle costs $18 per month on average. That's slightly more expensive than the Washington state average of $17 per month.
Can a landlord require renters insurance in Washington state?
Yes, a landlord can require that you buy renters insurance as part of your rental agreement in Washington state. However, even if your landlord doesn't require renters insurance, it's a good idea to buy coverage to protect yourself against injuries to other people that happen in your apartment, accidents, theft and fires.
Methodology
ValuePenguin gathered hundreds of quotes from Washington's 25 largest cities for a single 30-year-old woman who has never filed a renters insurance claim. Coverage limits include:
- $30,000 of personal property coverage
- $9,000 for loss of use
- $500 deductible
- $100,000 of personal liability
- $1,000 of medical payments to guests
Customer service ratings were created using renters insurance quotes, company-specific complaint data from the National Association of Insurance Commissioners (NAIC) and the most recent J.D. Power 2023 renters insurance customer satisfaction survey.
These rates are only for comparative purposes. Your quotes will probably differ.
Information related to natural disasters came from the Washington State Department of Natural Resources, the Federal Emergency Management Agency (FEMA), the Washington State Military Department's Emergency Management Division and the Washington State Department of Ecology.
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.