Best and Cheapest Renters Insurance in Washington, D.C. for 2024 (10 Most Affordable Companies)

The best and cheapest renters insurance in Washington, D.C. are USAA, Geico, and Travelers, offering rates as low as $20 per month. USAA stands out for military members with comprehensive coverage and unbeatable customer satisfaction.

Geico offers affordable plans with federal employee discounts, while Travelers provides broad protection for personal belongings. Renters in D.C. face risks like theft, property damage, and unexpected expenses, making renters insurance essential.

Company	Rank	Monthly Rates	A.M. Best	Best For	Jump to Pros/Cons
	#1	$20	A++	Military Focus	USAA
	#2	$29	A++	Federal Discounts	Geico
	#3	$43	A++	Comprehensive Coverage	Travelers
	#4	$47	B	Reliable Service	State Farm
	#5	$48	A+	Affordable Rates	Progressive
	#6	$48	A	Loyalty Rewards	American Family
	#7	$58	A	Senior Savings	Farmers
	#8	$72	A+	Customizable Options	Nationwide
	#9	$76	A	Extensive Discounts	Liberty Mutual
	#10	$101	A+	Safe Driver	Allstate

This guide ranks the top 10 most affordable companies based on coverage, rates, and policy features. Don’t settle for expensive renters insurance premiums. Enter your ZIP code to find robust coverage for your dwelling at an affordable price.

What You Should Know

• Get the best and cheapest renters insurance in Washington, D.C. from $20/month
• USAA is the top pick for military members with top-rated coverage and service
• Compare policies to save on theft, property damage, and unexpected expenses

#1 – USAA: Top Overall Pick

Pros

• Military-Focused Coverage: USAA offers renters insurance designed for military members in D.C.
• Lowest Monthly Rates: Renters in D.C. can get minimum coverage starting at $20/month.
• Great Customer Service: USAA is known for excellent service in Washington, D.C. Delve into our USAA review.

Cons

• Limited Availability: Only military members and their families can apply in D.C.
• Fewer Local Offices: USAA has fewer in-person locations in Washington, D.C.

#2 – Geico: Best for Federal Discounts

Pros

• Special Discounts: Federal employees in D.C. get unique insurance discounts. (Learn more: 32 Genius Ways to Save Money).
• Low Monthly Cost: Minimum coverage in D.C. starts at just $29/month.
• Easy Online Tools: Managing your policy online is simple for D.C. renters.

Cons

• Basic Coverage Options: Some policy features may be limited in D.C.
• Extra Costs: Adding more coverage can increase monthly rates in D.C.

#3 – Travelers: Best for Comprehensive Coverage

Pros

• Complete Protection: Travelers offers wide-ranging renters insurance coverage in D.C.
• Affordable Plans: Minimum coverage in Washington, D.C. starts at $43/month.
• Flexible Options: Renters in D.C. can customize their policies to fit their needs. Check out our Travelers review.

Cons

• Higher Premiums: Extra coverage can raise rates in Washington, D.C.
• Limited Discounts: Fewer savings options compared to some other D.C. insurers.

#4 – State Farm: Reliable Service

Pros

• Trusted Company: State Farm is well-known for reliable service in D.C.
• Fair Monthly Cost: Minimum coverage starts at $47/month in Washington, D.C.
• Bundle Savings: Renters in D.C. can bundle policies for extra savings. Discover our State Farm review for a full list.

Cons

• Fewer Discounts: Some competitors offer more savings options in D.C.
• Local Availability: Agent support may vary depending on your D.C. location.

#5 – Progressive: Best for Affordable Rates

Pros

• Budget-Friendly Rates: Renters insurance starts at $48/month in D.C.
• Custom Plans: Renters in D.C. can adjust coverage based on their needs which covered in our Progressive review.
• Wide Coverage: Available nationwide, including Washington, D.C.

Cons

• Basic Add-Ons: Extra features may come at an added cost in D.C.
• Few Local Agents: In-person support is limited in Washington, D.C.

#6 – American Family: Best for Loyalty Rewards

Pros

• Loyalty Savings: Renters in D.C. can earn discounts for staying insured long-term.
• Affordable Plans: Minimum coverage starts at $48/month in Washington, D.C.
• Custom Policies: Coverage can be adjusted to fit personal needs in D.C. Browse our full details about American Family insurance company.

Cons

• Not Available Everywhere: Some areas in D.C. may not be covered.
• Fewer Discounts: Limited savings compared to other D.C. insurers.

#7 – Farmers: Best for Senior Savings

Pros

• Senior Discounts: Older renters in D.C. can get reduced rates. For more information, see our Farmers review.
• Reasonable Rates: Minimum coverage in Washington, D.C. starts at $58/month.
• Bundle Options: Renters can combine auto and renters insurance for savings in D.C.

Cons

• Higher Starting Rates: Monthly premiums can be higher than competitors in D.C.
• Limited Coverage Choices: Some custom options may not be available in D.C.

#8 – Nationwide: Best for Customizable Plans

Pros

• Flexible Policies: Renters can customize coverage based on personal needs in D.C. For a comprehensive list, refer our Nationwide review.
• Reliable Service: Nationwide has a strong financial rating in Washington, D.C.
• Reasonable Rates: Minimum coverage starts at $72/month in D.C.

Cons

• Higher Monthly Costs: Premiums may rise with extra coverage in D.C.
• Complicated Options: Policies can be more detailed and harder to understand.

#9 – Liberty Mutual: Best for Extensive Discounts

Pros

• Great Discounts: Renters in D.C. can enjoy multiple savings options. Read our Liberty Mutual review to learn more.
• Custom Coverage: Liberty Mutual offers various policy add-ons in D.C.
• Fair Pricing: Minimum coverage starts at $76/month in Washington, D.C.

Cons

• High Base Rates: Without discounts, premiums can be higher in D.C.
• Add-On Costs: Extra features may increase total policy costs in Washington, D.C.

#10 – Allstate: Best for Safe Driver

Pros

• Safe Renter Discounts: Good renters in D.C. can qualify for reduced premiums. Explore more in our Allstate review.
• Wide Coverage: Many standard and extra coverage options are available in D.C.
• Trusted Company: Allstate is a well-known and reliable provider in Washington, D.C.

Cons

• High Monthly Rates: Minimum coverage starts at $101/month in D.C.
• Limited Discounts: Other insurers may offer better savings options in D.C.

Best Washington, D.C. Renters Insurance Rates

Finding the best renters insurance in Washington, D.C. means balancing coverage, cost, and reliability. USAA offers the cheapest renters insurance in D.C., with rates starting at just $20/month, though it’s only available to military members and their families. If you’re not eligible for USAA, Geico and Allstate are strong alternatives for cheap renters insurance in Washington, D.C. based on renters insurance quotes Washington, D.C.

The average cost of renters insurance in Washington, D.C. is about $176 per year, but rates can vary depending on the coverage level, deductible, and provider. Based on a standard policy of $30,000 in personal property coverage, $100,000 in liability, and $1,000 in medical payments, here’s a breakdown of monthly renters insurance D.C. cost by company:

Insurance Company	Minimum Coverage	Full Coverage
	$101	$241
	$48	$115
	$58	$139
	$29	$69
	$76	$180
	$72	$172
	$48	$115
	$47	$111
	$43	$102
	$20	$48

To secure cheap renters insurance in Washington, D.C., compare multiple renters insurance quotes in Washington, D.C. from top providers. For those renting in popular neighborhoods like Kenilworth, it’s crucial to compare Washington, in renters insurance quotes to avoid overpaying.Here’s how to lower your Washington, D.C. renters insurance costs:

• Shop Around: Compare renters insurance quotes Washington to find the best value.
• Bundle Policies: Combining apartment insurance with auto or other types of coverage can reduce premiums.
• Increase Deductibles: A higher deductible can lower your monthly renters insurance D.C. cost.

Even if you rent a cheap apartment, consider the right amount of tenant insurance to cover unexpected damages or theft. Use online tools to compare cheap renters insurance quotes Washington D.C. and ensure you get the best value for your coverage needs.

Types of Coverage Included in a Renters Insurance Policy in Washington D.C.

When shopping for renters insurance in Washington, D.C., you can customize your policy to fit your specific needs. Even the cheapest apartment insurance typically includes essential protections to safeguard your belongings and financial well-being. Here are the common types of coverage found in renters insurance in D.C. policies:

• Personal Property Coverage: This covers the cost of replacing personal items like furniture, electronics, and clothing if they are damaged, destroyed, or stolen. If you’re looking for cheap renters insurance in Washington, ensure this coverage is included (Read more: Personal property riders: improve your homeowners insurance.

• Liability Coverage: Protects you if someone gets injured in your apartment, covering medical bills and potential legal expenses. This is crucial for renters in neighborhoods like Kenilworth, Washington, D.C., where liability coverage can provide extra peace of mind.

• Loss of Use Coverage: If your apartment becomes uninhabitable due to covered damage, this coverage pays for hotel stays, meals, and temporary housing. It’s a must-have when comparing cheap renters insurance in D.C. options.

To get the best renters insurance in D.C., consider adding optional coverages that enhance your protection. Identity theft protection helps safeguard your personal information from fraud, while guest medical coverage pays for medical expenses if someone is injured in your apartment.

Additionally, valuables coverage allows you to raise coverage limits for high-value items like jewelry, musical instruments, or sports equipment. By customizing your policy, you can balance your renters insurance cost with the right level of protection. Comparing policies ensures you find the cheapest renters insurance in Washington D.C. while still getting the coverage you need.

Major Risks Covered by Renters Insurance

A standard renters insurance in D.C. policy covers 16 common risks, including theft, vandalism, and malicious mischief. These protections are essential for renters in Washington, D.C., where property-related crimes have historically been a concern. According to FBI crime statistics from 2016, Washington, D.C. reported 32,716 property crimes, 2,361 burglaries, and 27,382 incidents of larceny theft.

Compared to the national average, property crime and larceny theft rates in Washington, D.C. were significantly higher, though the burglary rate remained below the national average. This underscores the importance of securing renters insurance in Washington D.C., especially in areas like Kenilworth, where renters may face increased risks.

Renters insurance can help replace stolen items, cover damage from break-ins, and even pay for temporary housing if your apartment becomes uninhabitable due to covered damages. Investing in a policy ensures essential protection against common urban risks, making it a smart choice for D.C. renters. Check our our guide "Does Renters Insurance Cover Theft?"

Renters Insurance Discounts Offer in Washington, D.C.

Many renters insurance providers in Washington, D.C. offer various discounts to help reduce costs. For instance, Allstate provides savings through multi-policy, safe driver, good student, anti-theft device, and new car discounts. American Family offers multi-policy, good student, auto safety equipment, loyalty, and low mileage discounts.

Farmers rewards renters with good student, senior defensive driving, safe driver, and pay-in-full discounts. Geico features discounts for good drivers, defensive driving, federal employees, and emergency deployment.

Insurance Company	Available Discount
	Multi-Policy (Renters + Auto), Safe Driver, Good Student, Anti-Theft Device, New Car
	Multi-Policy (Renters + Auto), Good Student, Auto Safety Equipment, Loyalty, Low Mileage
	Multi-Policy (Renters + Auto), Good Student, Senior Defensive Driving, Safe Driver, Pay-in-Full
	Good Driver, Defensive Driving, Multi-Policy (Renters + Auto), Good Student, Federal Employee, Emergency Deployment
	Multi-Policy (Renters + Auto), Homeowner, Safe Driver, Good Student, Pay-in-Full, Vehicle Safety Features
	Multi-Policy (Renters + Auto), Defensive Driving, Good Student, Accident-Free, Automatic Payment
	Multi-Policy (Renters + Auto), Good Student, Safe Driver, Homeowner, Continuous Insurance, Automatic Payment
	Good driver, Multi-Policy (Renters + Auto), Defensive Driving, Student Away, Good Student
	Multi-Policy (Renters + Auto), Safe Driver, Good Student, New Car, Hybrid Vehicle, Home Ownership
	Safe Driver, Defensive Driving, Good Student, Multi-Policy (Renters + Auto), Military Service, Low Mileage

Additionally, Liberty Mutual offers multi-policy, safe driver, good student, pay-in-full, and vehicle safety feature savings. Nationwide provides discounts for accident-free history, defensive driving, automatic payments, and good students. Progressive allows renters to save through continuous insurance, multi-policy, and safe driver benefits.

State Farm offers student-away, good student, defensive driving, and multi-policy savings. Travelers includes good student, safe driver, home ownership, hybrid vehicle, and new car discounts. Finally, USAA rewards safe drivers, military service members, good students, and low-mileage renters with various savings opportunities.

To find the best renters insurance in Washington, D.C., always ask about available discounts and eligibility requirements when requesting quotes. Compare policies from at least three companies to evaluate coverage, rates, and savings options (Read more: Top ways customers say they've saved money on renters insurance).

Taking the time to explore your options can help you secure the cheapest renters insurance in Washington, D.C. while maintaining the coverage you need for your apartment, whether in Kenilworth or other parts of the city.

Tips for Lowering Renters Insurance Rates in Washington, D.C.

While renters insurance in Washington, D.C. is generally more affordable than other types of insurance, there are several strategies to reduce your premium further. Even a small monthly savings can add up over time. For example, saving $50 annually can help offset other expenses while still protecting your valuables.

The first step to securing lower rates is shopping around and comparing renters insurance in Washington, D.C. quotes from multiple providers. Additionally, check whether your policy can cover business property if needed, as coverage can vary widely between providers. Delve into our guide about the top 17 questions to ask about apartments before you rent).

To secure the cheapest apartment insurance in Washington, D.C., consider raising your deductible. A higher deductible means lower monthly premiums, though you’ll have to pay more out-of-pocket if you file a claim. Ask about potential discounts such as safe-driver, loyalty, or good-student discounts, especially if you’re bundling renters insurance with auto coverage. Bundling policies often leads to multi-policy savings, significantly reducing your overall renters insurance cost in Washington, D.C.

Another effective way to save on cheap renters insurance in Washington, D.C. is to determine the value of your personal property accurately. Avoid over-insuring items by keeping a detailed inventory of your belongings, ensuring you only pay for the coverage you need. Paying your premium in full, rather than through a monthly installment plan, can also result in lower rates since many insurers offer pay-in-full discounts.

Additionally, consider how much liability coverage is suitable for your situation. While it may be tempting to choose the highest coverage, selecting a reasonable amount can help you avoid paying for protection you don’t need. Installing safety features in your apartment can also lower your premiums by reducing the risk of claims. If you’re looking to protect your most valuable asset with renters insurance, compare rates now with our free quote tool.