Best and Cheapest Renters Insurance in Clovis, CA (2024)

In Clovis, California, Travelers is the best renters insurance company, with a MoneyGeek score of 85 and an average annual premium of $139 for $20,000 in personal property coverage. The cheapest provider is Capital Insurance Group, with a score of 89 and an average yearly premium of $70.

For homeowners insurance, look for a balance of customer service and affordability. For example, Travelers is the best for expensive personal property, with an annual premium of $331. MoneyGeek also reviewed the best and cheapest renters insurance in California for those who live elsewhere in the state.

The best renters insurance companies in Clovis for a policy with $20,000 in personal property coverage are:

• Travelers: MoneyGeek score of 85 out of 100 ($139 per year)
• State Farm: MoneyGeek score of 83 out of 100 ($132 per year)

Travelers offers a strong balance of customer satisfaction and affordability, with an affordability score of 42 out of 55 and a customer satisfaction score of 28 out of 30.

In Clovis, the cheapest renters insurance for $20,000 in coverage with a $1,000 deductible are from:

• Capital Insurance Group: $70 per year
• State Farm: $132 per year

Personal property coverage protects your belongings from theft, damage or loss. Cheaper policies often have lower coverage limits, so higher limits may increase your monthly costs but provide better protection for many belongings.

Capital Insurance Group offers the best and cheapest renters insurance in Clovis for a policy with $20,000 in personal property coverage and a $2,000 deductible.

• Capital Insurance Group: $55 per year
• Travelers: $112 per year

You pay the deductible out of pocket before your insurance covers the rest. A higher deductible usually means lower premiums, while a lower deductible leads to higher premiums. Choosing a deductible you can afford is crucial if you need to file a claim.

For renters in Clovis who prioritize exceptional service over cost, the following are the top two providers for a policy with $20,000 in personal property coverage:

• Travelers: MoneyGeek score of 96 out of 100 ($139 per year)
• Nationwide: MoneyGeek score of 95 out of 100 ($154 per year)

Excellent customer service is crucial when filing a claim, as it can make the process smoother during stressful times. MoneyGeek rates the best renters insurance for customer service based on J.D. Power surveys, which evaluate satisfaction in areas like policy offerings, price, billing and claims.

Travelers is the best option for renters needing high personal property coverage in Clovis. The top providers for $100,000 in coverage are:

• Travelers: MoneyGeek score of 91 out of 100 ($331 per year)
• State Farm: MoneyGeek score of 86 out of 100 ($355 per year)

Renters with many possessions often need higher personal property coverage to protect their belongings. While higher coverage increases costs, finding a provider that balances affordability with excellent service is crucial. Consider additional coverage for high-value items like jewelry or art to ensure full protection.

For renters with military backgrounds in Clovis, the top providers for a policy with $20,000 in personal property coverage are:

• USAA: MoneyGeek score of 100 out of 100 ($85 per year)
• Travelers: MoneyGeek score of 85 out of 100 ($139 per year)

USAA offers a range of products tailored to those with a military background, offering discounts and coverages that suit the military lifestyle.

The average cost of renters insurance in Clovis is $152 annually or $12 monthly. This is slightly higher than the California average of $148 and the national average of $145. These rates are for a policy with $20,000 in personal property coverage, $100,000 in liability coverage and a $1,000 deductible.

Costs can vary depending on the amount of personal property coverage, which protects your belongings from theft, fire and other events. Use the calculator below to estimate how much coverage you need and adjust your policy accordingly.

The cost of renters insurance in Clovis depends on several factors:

• Location: Crime rates and weather risks in your area can affect your premium.
• Coverage amount: Higher coverage limits increase your insurance costs.
• Deductible: A higher deductible lowers your monthly premium but means higher out-of-pocket costs in a claim.
• Claims history: A history of claims may lead to higher premiums due to increased perceived risk.
• Credit score: A better credit record can result in lower premiums.

Renters insurance protects your belongings against damage and covers other aspects like personal liability and loss of use. Here’s what a typical policy includes:

• Personal property coverage: Protects items like furniture and electronics. For example, if a fire damages your belongings, this coverage helps replace them.
• Personal liability coverage: Covers legal expenses if you're liable for injuries or property damage. For instance, if a guest is injured in your home, it helps with legal fees.
• Loss of use coverage: Covers additional living expenses if your rental becomes uninhabitable. For example, if an earthquake makes your apartment unlivable, loss of use coverage pays for temporary housing.

While renters insurance provides a financial safety net, it doesn't cover every situation:

• Natural disasters: Standard policies typically exclude damage from floods.
• Roommate's belongings: Personal property coverage usually doesn't extend to a roommate's possessions unless they're specifically listed on the policy.
• High-value items: Expensive items like jewelry or electronics may require additional coverage if their value exceeds the policy limit.
• Business equipment: Property used for business purposes is generally not covered under standard renters insurance.
• Pest damage: Damage from pests like bed bugs or rodents is usually not covered.
• Car theft: While personal property stolen from your car may be covered, the theft of the vehicle itself is not.

The best renters insurance provider in Clovis depends on your needs. We address frequently asked questions to help you make an informed decision.