Best and Cheapest Renters Insurance in Huntington Beach, CA (2024)

The best renters insurance company in Huntington Beach, California is Nationwide, with a MoneyGeek score of 91 and an annual premium of $104.
The cheapest provider is Capital Insurance Group with a MoneyGeek score of 89 and an annual premium of $77.
Depending on your needs, other providers may be best. For instance, Travelers excels in service quality with a score of 96 and a $126 premium.
MoneyGeek also looked into the best and cheapest renters insurance in california for those who live elsewhere in the state.

The best renters insurance in Huntington Beach, California, is Nationwide with a MoneyGeek score of 91 out of 100 and an annual premium of $104. The following providers are the top two best renters insurance providers in Huntington Beach for a policy with $20,000 in personal property coverage, $100,000 in personal liability, and a $1,000 deductible.

• Nationwide: MoneyGeek score of 91 out of 100 ($104 per year)
  
• Travelers: MoneyGeek score of 88 out of 100 ($126 per year)
  

The best provider in the state balances both cost and affordability. Nationwide has perfectly balanced customer satisfaction and affordability with an affordability score of 50 out of 55.

In Huntington Beach, California, Capital Insurance Group offers the cheapest renters insurance, with an annual premium of $77 for $20,000 in personal property coverage. Personal property coverage helps protect your belongings in case of theft, fire, or other covered events.

The following providers are the top two cheapest providers in Huntington Beach for $20,000 in personal property coverage and a $1,000 deductible:

• Capital Insurance Group: $77 per year
• Nationwide: $104 per year

Cheap renters insurance policies often have low personal property coverage limits. Higher personal property coverage limits can lead to higher monthly costs but offer better protection if you have a lot of personal belongings.

In Huntington Beach, California, Capital Insurance Group offers the cheapest renters insurance for a policy with $20,000 in personal property coverage and a $2,000 deductible, with an annual premium of $60. A deductible is the amount you pay out of pocket before your insurance covers the rest and can affect your rates.

The following providers are the top two cheapest providers in Huntington Beach:

• Capital Insurance Group: $60 per year
• Nationwide: $82 per year

A higher deductible often leads to cheaper premiums, while a lower deductible means higher premiums. It's important to balance both to ensure you can afford your deductible if you need to file a claim. Lower premiums can save you money upfront, but higher deductibles can lead to significant out-of-pocket costs in the event of a claim.

In Huntington Beach, California, the best renters insurance company for service quality is Travelers with an annual premium of $126. The following providers are the top two best in Huntington Beach 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 ($126 per year)
  
• Nationwide: MoneyGeek score of 95 out of 100 ($104 per year)
  

Great customer service is important for renters looking for insurance because it ensures a smooth and stress-free experience, especially when you need to make a claim. For example, a responsive and helpful insurer can expedite your claim process, ensuring you get the support you need when you need it most.

For renters in Huntington Beach, California requiring substantial personal property coverage, State Farm stands out with an annual premium of $239 for $100,000 in coverage. High personal property coverage ensures that renters can protect a significant amount of personal belongings, often up to or exceeding $100,000 in value. For $100K in personal property coverage, the following providers are the top two best providers in Huntington Beach:

• State Farm: MoneyGeek score of 95 out of 100 ($239 per year)
• Travelers: MoneyGeek score of 92 out of 100 ($330 per year)

Renters with extensive personal assets require higher personal property coverage to safeguard their belongings. This coverage protects against losses from events like theft, fire, or water damage.

As coverage limits increase, so does the cost of the insurance policy. It's vital to find a provider that offers a good balance of cost and service quality, especially when insuring a large number of items. Keep in mind, certain high-value items like jewelry or art may not be fully covered under a standard policy and could necessitate additional coverage.

USAA is the top renters insurance company in Huntington Beach, exclusively serving those with military backgrounds. The following providers are the top two best providers in Huntington Beach for veterans for a policy with $20,000 in personal property coverage.

• USAA: MoneyGeek score of 100 out of 100 ($115 per year)
• Nationwide: MoneyGeek score of 91 out of 100 ($104 per year)

USAA offers a range of products tailored for those with a military background, including discounts and coverages that suit the military lifestyle. USAA is also the most affordable provider in Huntington Beach for military members.

The average cost of renters insurance in Huntington Beach, California, is $139 annually or $12 monthly. This is cheaper 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 personal property limits, $100,000 liability limits, and a $1,000 deductible.

Renters should remember that the average cost of renters insurance in Huntington Beach may vary greatly depending on the amount of personal property coverage you purchase. Personal property coverage protects your belongings in case of theft or damage. Use the calculator below to see how prices change based on the value of your personal property.

The cost of renters insurance in Huntington Beach, 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 the event 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 primarily covers your personal belongings in case of damage, but it also extends to other areas such as liability and additional living expenses. Below is a detailed list of what renters insurance typically covers:

• Personal Property Coverage: This covers your personal belongings if they are damaged or stolen. For example, if a fire damages your apartment in California, renters insurance can help replace your belongings.
• Personal Liability Coverage: This covers legal expenses if you are responsible for injury or property damage. For instance, if a guest slips and falls in your California apartment, this coverage can help with legal fees.
• Loss Of Use Coverage: Loss of use covers additional living expenses if your home becomes uninhabitable. For example, if an earthquake makes your California apartment uninhabitable, renters insurance can cover hotel costs.

Although renters insurance provides a financial safety net, it doesn't shield against every mishap. For instance, it typically excludes flood damage and your roommate's possessions.

• Natural Disasters: Standard renters insurance often does not cover damage from earthquakes or floods.
• Roommate's Belongings: Personal property coverage does not extend to items owned by a roommate unless they are listed on the policy.
• High-Value Items: Expensive jewelry or electronics may exceed the policy's limit and require additional coverage.
• Business Equipment: Property used for business purposes might not be covered under a standard renters insurance policy.
• Pest Damage: Infestations and damage from pests like bed bugs or rodents are usually not covered.
• Car Theft: While personal property stolen from your car may be covered, the theft of the car itself is not.

The best renters insurance provider for you in Huntington Beach ultimately depends on your needs. Below are frequently asked questions to help you make an informed decision.