Best and Cheapest Renters Insurance in Fontana, CA (Sept 2024)

Nationwide is the best renters insurance company in Fontana, California, with a MoneyGeek score of 93 and an average annual premium of $116. Capital Insurance Group is the cheapest provider, with a MoneyGeek score of 89 and an annual premium of around $98. The best and cheapest quotes are based on $20,000 in personal property coverage.

The best homeowners insurance provider should balance customer service with affordability. Depending on your needs, Travelers is best for service quality, with an average annual premium of $153. MoneyGeek also looked into the best and cheapest renters insurance in California for those who live elsewhere in the state.

Nationwide is the best renters insurance provider in Fontana, California, with a MoneyGeek score of 93 out of 100 and an average annual premium of $116. These are the top two best renters insurance providers in Fontana for a policy with $20,000 in personal property coverage, $100,000 in personal liability and a $1,000 deductible:

• Nationwide: MoneyGeek score of 93 out of 100 ($116 per year)
• Allstate: MoneyGeek score of 87 out of 100 ($110 per year)

Nationwide has perfectly balanced customer satisfaction and affordability, with an affordability score of 51 out of 55.

In Fontana, California, Capital Insurance Group offers the cheapest renters insurance, with an average annual premium of $98 for $20,000 in personal property coverage. These are the top two cheapest providers in Fontana for $20,000 in personal property coverage and a $1,000 deductible, with MoneyGeek's rating having minimal consideration on customer service:

• Capital Insurance Group: $98 per year
• Allstate: $110 per year

Personal property coverage helps protect your belongings, such as furniture, electronics and clothing, against damages or theft. Cheap renters insurance policies often come with low personal property coverage limits. While higher coverage limits can increase your monthly costs, they offer better protection if you own many valuable items.

Capital Insurance Group offers the best and cheapest renters insurance in Fontana, California, for a policy with $20,000 in personal property coverage and a $2,000 deductible at an average annual premium of $76. The following providers are the top options in Fontana for higher deductible policies:

• Capital Insurance Group: $76 per year
• Nationwide: $91 per year

A deductible is the amount you pay out of pocket before your insurance policy kicks in. Opting for a higher deductible usually results in cheaper insurance premiums. It's important to find a balance that suits your financial situation to ensure you can afford the premiums and any out-of-pocket costs that may arise if you need to file a claim.

Travelers is the best renters insurance company for service quality in Fontana, California, with an average annual premium of $153. The following providers are the top two best in Fontana, California, for a policy with $20,000 in personal property coverage for those who value great customer service without considering affordability.

• Travelers: MoneyGeek score of 96 out of 100 ($153 per year)
• Nationwide: MoneyGeek score of 95 out of 100 ($116 per year)

Excellent customer service is important for renters looking for insurance because it ensures a smooth experience when making a claim. You will appreciate having a supportive insurer who helps you navigate the claims process efficiently. MoneyGeek scores renters insurance providers and their customer satisfaction based on J.D. Power surveys, which evaluate customer experiences in the context of renters insurance.

For renters in Fontana, California, requiring extensive personal property coverage, Nationwide offers the best option at an average annual premium of $354 for $100,000 in coverage. For $100K in personal property coverage, the following providers are the top two best in Fontana:

• Nationwide: MoneyGeek score of 93 out of 100 ($354 per year)
• Travelers: MoneyGeek score of 92 out of 100 ($381 per year)

Renters with a substantial number of possessions often need higher personal property coverage, which safeguards against loss or damage to items like furniture, electronics and clothing. While higher coverage levels typically come with increased costs, it is crucial to select a provider that offers both affordability and exceptional service. Keep in mind that high-value items such as jewelry or art may exceed standard coverage limits and could necessitate additional protection.

In Fontana, USAA is the winning company, exclusively serving those with military backgrounds. These are the top two best providers in Fontana for military members for a policy with $20,000 in personal property coverage:

• USAA: MoneyGeek score of 100 out of 100 ($202 per year)
• Nationwide: MoneyGeek score of 93 out of 100 ($116 per year)

USAA offers various products tailored to those with a military background, providing discounts and coverages that suit the military lifestyle. Although other insurers may have lower premiums, USAA's specialized offerings make it a better overall choice for service members in most cases.

The average cost of renters insurance in Fontana, California, is $151 annually or about $13 per month. This rate is higher than the California state average of $148 and the national average of $145. These rates are based on a renters insurance policy with $20,000 in personal property limits, $100,000 in liability limits and a $1,000 deductible.

Remember that the average cost of renters insurance in Fontana may vary greatly depending on the amount of personal property coverage you purchase. Personal property coverage protects your belongings in case of damage or theft. Use the calculator below to see how much coverage you need based on the value of your personal property.

The cost of renters insurance in Fontana, California, is influenced by multiple factors, including the location of the rental property and the amount of coverage desired. Understanding these variables is key to finding a policy that fits your budget and needs.

• Location: The area where you live can affect your premium due to crime rates and weather-related risks.
• Coverage Amount: Opting for higher coverage limits will increase your insurance costs.
• Deductible: Choosing a higher deductible can lower your monthly premium, but you'll pay more out of pocket in case of a claim.
• Claims History: Renters with a history of claims may face higher premiums due to a higher perceived risk by insurance companies.
• Credit Score: Insurance companies may factor in your credit history when determining your premium, with better credit records often leading to lower costs.

Renters insurance covers personal belongings, liability protection and additional living expenses. It protects against unexpected events like theft, fire or natural disasters. Renters insurance provides financial security, helping you avoid significant out-of-pocket expenses. Here’s a breakdown of what renters insurance covers:

• Personal Property Coverage: This protects your belongings against damage or theft. For instance, if your apartment in California is burglarized, this coverage would help replace stolen items.
• Personal Liability Coverage: This protects against legal liability for injuries or property damage to others. If a guest slips and falls in your California rental, this coverage could help with medical expenses and legal fees.
• Loss of Use Coverage: This covers additional living expenses if your rental becomes uninhabitable. For example, if a fire damages your California apartment, loss of use coverage could pay for a hotel stay and other necessary expenses.

Renters insurance in Fontana does not cover everything; it typically excludes damage from earthquakes and floods. Below is a list of common exclusions:

• Earthquake Damage: Renters insurance generally does not cover damage caused by earthquakes.
• Flood Damage: Standard policies usually exclude flood damage, requiring separate flood insurance.
• High-Value Items: Expensive items like jewelry may not be fully covered without additional riders.
• Pest Infestations: Damage from pests such as termites or rodents is typically not covered.
• Roommate Property: Your policy may not cover the belongings of roommates.

The best renters insurance provider in Fontana, California, depends on your unique needs. We answered the frequently asked questions to help you make an informed decision.