Do you reside in an apartment in Los Angeles and want to protect your personal items? You should purchase a renters insurance policy that protects you and your belongings in the case of a break-in, fire, or any other potential disaster. All of your prized possessions can be secured with a policy specified to your needs. Purchasing renters insurance for your L.A. apartment is a straightforward process, whether you do it online or through an insurance agent To help simplify your search for renters insurance in L.A., we've listed the top 10 best renters insurance companies in Los Angeles, along with rates from six of the top 10 companies.

It is important to know as much as you can about your options with different renters insurance companies before choosing a policy. Some questions to consider asking include, "What is the average cost for your renters insurance coverage?" "Does my policy cover things such as water damage and bodily injury?" and "What are my coverage options and my coverage limit?"

On this page you’ll find:

• Best renters insurance companies in Los Angeles
• Average renters insurance rates in Los Angeles
• Average rent cost in Los Angeles

What are your coverage options on a renters insurance policy?

Just like any other policy, you can usually customize your renters insurance coverage to get exactly what you need. Most standard renters policies contain some form of the following types of coverage:

• Personal property coverage – This coverage pays the replacement cost for the personal items you keep in your apartment should they be damaged or destroyed.

• Liability coverage – Liability insurance pays for medical expenses if someone is injured in your apartment.

• Loss of use coverage – Loss of use pays for your hotel and food expenditures when you are unable to stay in your apartment because of damages. This may also be called additional living expenses coverage.

Beyond these basic coverage options, you may also be able to purchase identity theft protection, guest medical coverage, and other optional coverages.

If you keep valuable items, like jewelry or sports equipment, in your apartment, you may also wish to raise your personal property coverage limits.

People who live in high-risk areas prone to flood or earthquake damage may need to purchase a special rider on their policy for those perils to be covered, and this could be a concern for Los Angeles residents.

Extra coverage and riders will usually raise your renters insurance premium, but it's important to have all the protection you need.

Who are the best renters insurance companies in Los Angeles?

In the table below, see who insurance customers have identified as the top 10 renters insurance companies in Los Angeles. The rankings were exclusively determined by Clearsurance customer reviews as of July 2019. Policyholders rate and review their insurance companies based on their overall experience with the company, the insurer's customer service, and if they will renew and recommend their renter's insurance. In order to qualify for this top 10 list, insurance companies need at least 25 renters insurance reviews and must sell renters insurance in California.

*USAA is only available to active and former military members and their families.

1. Lemonade

Lemonade is ranked as the best renters insurance company in Los Angeles by customers. If you're looking for a cheap, modern insurance company that is easy to use, Lemonade is the best choice for you. Lemonade, founded in 2015, offers the ability to get insurance in just minutes, and it processes many of its claims just as quickly.

2. USAA

USAA rated just behind Lemonade at 4.77 out of 5 stars. USAA policies are only offered to current and former members of the military and their families. One of the unique aspects of purchasing renters insurance from USAA is that flood and earthquake coverage is included in its standard renters insurance policy.

3. Geico

GEICO is another great renters insurance provider in Los Angeles. GEICO does things a little differently than the other insurance companies on this list it offers insurance policies from many other insurance carriers through the GEICO Insurance Agency, such as Assurant. If you choose to bundle your car and renters insurance with GEICO, you can receive a discount.

4. State Farm

State Farm, which has the most reviews of any company on this list, is ranked No. 4, with 4.22 stars. It's one of the cheapest and highest-rated insurance companies in Los Angeles. You can get a renters insurance quote on State Farm's website where you'll be connected with a local agent.

5. Nationwide

At No. 5 on the list for best renters insurance in Los Angeles, Nationwide is another highly rated company. You can obtain a quote online easily or with an agent in your area. Nationwide offers a multi-policy discount and a claims-free discount.

6. Allstate

Allstate is rated No. 6 for renters insurance in Los Angeles. You can qualify for certain discounts if you have been claims-free before switching to Allstate. If you're interested in getting a renters insurance quote from Allstate, you can click the link below.

7.Liberty Mutual

Liberty Mutual ranks seventh on this list. You can save money when protecting your personal belongings if you qualify for Liberty Mutual's claims-free discount or bundling discount. To get a quote from Liberty Mutual and see how much your renter's insurance would cost, click the link below.

8. Farmers Insurance Group

Farmers is rated 4.08 out of 5 stars, making it another great renters insurance option in L.A. You can get a quote for your Los Angeles apartment on the company's website in just minutes after entering your information.

9. Travelers

Travelers place ninth for best renters insurance in L.A. Travelers offer renters customizable policies to protect their belongings while living in Los Angeles. Travelers' minimum personal belongings coverage is $30,000, which is slightly higher than most of the other companies on this list.

10. Assurant Group

Assurant Group is ranked as the 10th best Los Angeles renters insurance company according to consumer reviews. If you have auto insurance with Assurant, you can easily bundle your renters insurance with it to earn a discount and lower your rates.

How much does renters insurance cost in Los Angeles?

The cost of renters insurance in Los Angeles varies from person to person and the company you purchase a policy from, but the average rate among the six companies we got rates from is $14.92 per month. In the table below, you can see the average quote from six of the top renter's insurance in Los Angeles.

To retrieve these quotes, we used a profile of a 25-year-old single male renting an apartment in Los Angeles with no roommates or pets with a policy beginning in May 2019. The policies include $20,000 in personal property coverage ($30,000 for Travelers because that is the minimum required by the company), $100,000 in personal liability and $1,000 in medical payments to others. The policies have a $500 deductible. Your rates may vary depending on your characteristics and coverage. We were unable to retrieve quotes from USAA, Nationwide and Liberty Mutual.

*Geico sells renters insurance through other licensed insurance companies. The Geico quote listed is for coverage from Assurant Group.

How much does rent cost in LA?

The average cost of rent for an apartment in Los Angeles is $2,371 per month. Los Angeles is home to four million residents, including many celebrities. Depending on the area that you live in Los Angeles, you may have higher rent costs.

Having renters insurance gives you peace of mind that all your belongings in your apartment are protected. Without renters insurance, you could be left with the price of replacing everything valuable that you own over a disaster. For the most updated list of the best renters insurance companies in the state, you can visit our best California renters insurance companies page.

How can you save money on your renters insurance?

If you bundle your auto insurance policy with a homeowners insurance policy or renters policy with the same company, you will usually receive a multi-policy discount (this might also be available for bundling any additional policies, such as a life insurance policy or boat insurance policy). Some companies also offer discounts for safety devices in your apartment, such as smoke detectors or burglar alarms, or for setting up automatic payments.

Additional insurance discounts may be available, so make sure to ask renters insurance providers about your options when you're shopping around for quotes. If you're looking for the most affordable rate, get renters insurance quotes from at least three companies before making a decision.

You can get online quotes from multiple companies easily by entering your ZIP code in the box below.

Need a recap: who has the best renters insurance in Los Angeles?

• Lemonade: Best renters insurance in Los Angeles
• USAA: Best renters insurance for military members in Los Angeles
• Lemonade: Cheapest renters insurance rates in Los Angeles

It is important to know all that you can before taking out a renters insurance policy. Learn about the insurance company and the protection that their policies offer before making a final decision. Know and understand your policy limits and ask about what additional coverages you can add to your protection.

While we all want the most affordable renters’ insurance, it is important not to sacrifice the quality of your protection just to save some money. Talk to a local insurance agent about what insurance company is right for you, and what coverages they offer.

The content on this site is offered only as a public service to the web community and does not constitute solicitation or provision of legal advice. This site should not be used as a substitute for obtaining legal advice from an insurance company or an attorney licensed or authorized to practice in your jurisdiction. You should always consult a suitably qualified attorney regarding any specific legal problem or matter. The comments and opinions expressed on this site are of the individual author and may not reflect the opinions of the insurance company or any individual attorney.