Best and Cheapest Renters Insurance in Jurupa Valley, CA (2024)

Nationwide is the best renters insurance company in Jurupa Valley, California, with a MoneyGeek score of 91 and an average annual premium of $116. Capital Insurance Group is the cheapest renters insurance provider in Jurupa Valley, California, with a MoneyGeek score of 89 and an average annual premium of $82. 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, other providers may be best. For example, Travelers offers the best service quality, with an annual premium of around $150. 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 Jurupa Valley, California, with a MoneyGeek score of 91 out of 100 and an average annual premium of $116. These are the top two best renters insurance providers in Jurupa Valley 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 ($116 per year)
• State Farm: MoneyGeek score of 86 out of 100 ($133 per year)

Nationwide has perfectly balanced customer satisfaction and affordability, with an affordability score of 49 out of 55.

In Jurupa Valley, California, Capital Insurance Group offers the cheapest renters insurance, with an average annual premium of $82 for $20,000 in personal property coverage. These are the top two cheapest providers in Jurupa Valley for $20,000 in personal property coverage and a $1,000 deductible, with MoneyGeek rating the cheapest renters insurance with minimal consideration for customer service:

• Capital Insurance Group: $82 per year
• Allstate: $111 per year

Personal property coverage helps protect your belongings against damage or theft. 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 for those with many belongings.

In Jurupa Valley, California, Capital Insurance Group offers the cheapest renters insurance for a policy with $20,000 in personal property coverage and a $2,000 deductible at an average annual premium of $64. These are the top two cheapest providers in Jurupa Valley for $20,000 in personal property coverage and a $2,000 deductible:

• Capital Insurance Group: $64 per year
• Nationwide: $91 per year

A deductible is the amount you pay out of pocket before your insurance covers the rest, and it can affect your rates. 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 premiums and manage costs if you need to file a claim.

In Jurupa Valley, California, Travelers is the best renters insurance company for service quality, with an average annual premium of $150. The following providers are the top two best in Jurupa Valley for a policy with $20,000 in personal property coverage, focusing on excellent customer service without considering affordability:

• Travelers: MoneyGeek score of 96 out of 100 ($150 per year)
• Nationwide: MoneyGeek score of 95 out of 100 ($116 per year)

Great customer service is important for renters looking for insurance because it ensures a smooth and stress-free experience when filing claims. For example, when you make a claim, a company with excellent customer service will handle your situation promptly and efficiently. MoneyGeek scores renters insurance providers based on customer satisfaction from J.D. Power surveys, which assess how well companies handle claims and customer interactions.

Travelers offers the best renters insurance in Jurupa Valley, California, for those needing high personal property coverage. Its average annual premium is $363 for a policy with $100,000 in personal property coverage. For $100K in personal property coverage, the top two providers in Jurupa Valley are:

• Travelers: MoneyGeek score of 92 out of 100 ($363 per year)
• Nationwide: MoneyGeek score of 91 out of 100 ($354 per year)

Renters who own a lot of belongings often need higher personal property coverage, which safeguards items like electronics, furniture, and clothing. This coverage ensures that renters with valuable belongings are adequately protected. It typically comes at a higher cost; finding a provider that offers the right balance of affordability and quality service is vital. High-value items such as jewelry or art may need additional coverage to be fully protected.

USAA is the top-ranked renters insurance company in Jurupa Valley, exclusively serving those with military backgrounds. The following providers are the top two best for military members in Jurupa Valley for a policy with $20,000 in personal property coverage:

• USAA: MoneyGeek score of 100 out of 100 ($156 per year)
• Nationwide: MoneyGeek score of 91 out of 100 ($116 per year)

USAA offers a range of products tailored for those with a military background, offering 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 Jurupa Valley, California, is $152 annually or $13 monthly. This rate is slightly higher than the California state average of $148 and higher than 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.

Renters should remember that the average cost of renters insurance in Jurupa Valley may vary greatly depending on the amount of personal property coverage you purchase. Personal property coverage protects your belongings in case of theft, fire or other covered perils. Use the calculator below to see how much coverage you need based on the value of your personal property.

Various factors can influence renters insurance costs in Jurupa Valley, California. For example, the location and its crime rate can significantly impact premiums. The amount of coverage you choose also plays a role in determining your annual costs. Knowing these factors is essential when shopping for renters insurance, as it helps you make informed decisions and potentially save money. Below are some key factors that affect renters insurance costs:

• Location: Areas with higher crime rates or natural disaster risks typically have higher premiums. Insurance companies charge more to cover the increased risk.
• Coverage Amount: Higher coverage limits mean higher premiums. It’s essential to balance adequate protection with affordable costs.
• Deductible Level: A higher deductible lowers your premium but increases out-of-pocket costs in the event of a claim. Choosing the right deductible depends on your financial situation.
• Credit Score: Insurers often use credit scores to determine premiums. A higher credit score can lead to lower insurance costs.
• Type of Property: The age, construction type and condition of your rental property can affect your premiums. Older or poorly maintained properties may result in higher costs.

Renters insurance primarily protects your personal belongings from damage, but it also covers other aspects like liability and additional living expenses. Here's a breakdown of what renters insurance typically covers:

• Personal Property Coverage: This coverage protects your personal items from damage or theft. For example, if a fire damages your apartment in California, your policy would help replace your belongings.
• Personal Liability Coverage: This covers legal expenses if someone is injured in your rental. For instance, if a guest slips and falls in your California apartment, this coverage would help with legal costs and medical bills.
• Loss of Use Coverage: This pays for additional living expenses if your rental becomes uninhabitable. If an earthquake makes your California apartment unlivable, loss of use coverage would cover hotel stays and other related 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 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 in Jurupa Valley, California, depends on your unique needs. We answered the frequently asked questions to help you make an informed decision.