Renting an apartment or other property for the first time is exciting, but it comes with a lot of new responsibility. One of those responsibilities is shopping for renters insurance. Farmers Insurance Group offers renters insurance that covers your belongings and other items while insured with them at a reasonable cost. Renters insurance is just one of the insurance products the company offers and it can be bundled with other products such as car insurance or life insurance.

Farmers Insurance is not available in every state. The only states Farmers doesn't offer insurance are: Arkansas, Hawaii, Rhode Island, New Hampshire, Vermont, West Virginia, Delaware, Maine, Louisiana, Massachusetts, and North Carolina.

Without renters insurance, your items aren't protected if they're damaged or stolen as they aren't covered under the homeowners policy. A good rule of thumb about purchasing renters insurance is that if you couldn't currently afford to replace all your belongings, then you should purchase renters insurance. The average cost of renters insurance nationally is less than $200, and one Clearsurance reviewer commented on the cost of their Farmers policy saying, “After looking a many companies, they were the cheapest and the easiest to work with. I chose them, because they were the most helpful.”

To compare quotes from many different insurance companies enter your ZIP code to use the free quote tool.

What coverage options do Farmers insurance offer for renters?

Farmers Insurance provides a wide range of lines of insurance products, including home, auto, and life, which you can bundle with your renters insurance to save money on both policies. While Farmers car insurance didn't crack the top 10 for 2019, Farmers was ranked as the 10th-best homeowners insurance company for 2019 by consumers.

Farmers' renters insurance policies provide additional living expenses coverage, liability coverage, medical payments coverage, and personal property coverage as standard. You also have the option to add replacement cost coverage and identity protection coverage. What does this mean in practical terms?

Farmers renters insurance covers different situations that might damage your personal belongings, or even injure the guests in your apartment. If your apartment was broken into, or a pipe burst and your items were damaged, Farmers renters insurance would reimburse you for your losses. If a guest gets injured while in your apartment, Farmers renters insurance provides personal liability coverage, which would pay for their medical bills.

If you have to temporarily relocate due to your apartment becoming uninhabitable, Farmers would reimburse you for the cost of housing while you were displaced. You can find a full list of covered perils on Farmers’ website.

For those who want to customize their policy, there are add-ons which can be included as optional coverage. These add-ons include replacement cost coverage and identity theft protection. You can also add limited mold coverage to protect your belongings from damage or loss from mold. You might be able to add coverage for updates you made to the building.

One Clearsurance user shared this story about how Farmers renters insurance was able to help them, saying, “Two weeks into moving into a new rental home, rain started leaking into the kitchen and eventually part of the ceiling caved in. We were unable to stay in our home for three weeks while the rental management company fixed the damage and it was finally safe to return. Fortunately, our insurance agent saw our dilemma on social media and immediately told us to contact her because our rental insurance would cover loss of use. We were able to stay in a hotel with free laundry service and complimentary breakfast and dinner - just five minutes away from our home. We didn't have to pay a thing and it was a great relief to have a roof over our heads while our own home was having its repaired. We are extremely grateful for our insurance company's quick response and immediate action and reassurance.”

Farmers say it is committed to providing excellent customer support and a simple claims process. Customers can file a claim by calling the company, through an insurance agent or online as part of their standard renters insurance.

What do Clearsurance users say about Farmers renters insurance?

As of December 2020, Farmers renters insurance has a Clearsurance score of 4.07. (For the most up-to-date rankings, visit our renters insurance rankings).

When purchasing renters insurance, you want to make sure your policy provides you with the right amount of coverage for what you're paying for.

When reviewing Farmers renters insurance, over 21 percent of consumers talked about their satisfaction with their coverage, and more than 19 percent talked about the price of the coverage they were receiving. More than 15 percent used the word helpful when describing their experience with Farmers renters insurance. Less than 1 percent discussed a claim dispute when writing a review about their Farmers renters insurance experience, showing that Farmers provides an easy experience if you had to file a claim.

A renters insurance quote takes into account various factors from your address to your credit score and the coverage you want. So the total premium will vary. If you have expensive items you want extra coverage for, you can expect additional fees, for example. Customer satisfaction ratings for Farmers renters policies stand above the national average.

Does Farmers renters insurance make sense for college students?

When living in a dorm or off-campus housing, college students should have renters insurance as an added form of protection for their personal belongings, especially pricey items that students need for their education, like textbooks or laptops. Colleges or landlords typically aren't responsible for damaged or stolen items, even if there was a problem with your dorm or apartment that caused the issue.

If you live in the dorms, you may have coverage under your family's homeowners policy. If you are unsure or want the additional peace of mind, a renters insurance rate from Farmers can be extremely reasonable.

One Clearsurance user reviewed their experience with Farmers renters insurance during college when their apartment was burglarized, saying, “My apartment was broken in when I was starting college, and my roomate's room got completely thrashed. Thankfully at least I had my laptop with me when that happened, because they got everything not nailed down. They stole half of my property and left me pretty emotionally scarred. Thankfully, I had Farmer's for my renter's insurance. Farmer's has made this very difficult situation so much batter with their help and comprehension. They have been responsive, understanding, and kind. Filing my claim was easy, the assigned agent to my claim was very nice and helpful, and Farmer's helped me with even the little things such as transferring my coverage to my new apartment.”

How can you save with Farmers renters insurance?

Farmers offer a variety of insurance discounts for those looking to save on their renters insurance policy. The company offers discounts if you install security devices in your apartment or other rental property, like an electronic security system or fire alarms. Farmers also offers special discounts to non-smoking households, or households that have been smoke-free for at least two years.

Farmers renters insurance can be very inexpensive when bundled with another line of Farmers insurance, such as car, motorcycle insurance, or a homeowners policy. Pet insurance is also on the rise.

One reviewer discussed their savings when bundling different insurance lines, saying, “I also purchased renters insurance from farmers, besides auto insurance. When I was looking for an auto insurance, my agent told I could get extra promotional rates if I bundled both auto and renters insurance, and indeed, I got the lowest price.”

How can Farmers renters insurance help you?

Some landlords require their tenants purchase some form of renters insurance, but even those who aren't required to purchase it should still seriously consider it. Renters insurance provides peace of mind for renters that they'll be covered if something goes wrong in their apartment. You may think you'll never need your renters insurance, but you simply can never predict when disaster may strike. With a renters insurance discount and already low rates from Farmers, you have nothing to lose.

Having Farmers renters insurance in the case of an emergency situation can make sure that financial burden isn’t completely on you. Learn more about why people choose Farmers as their renters insurance company, and then write a review about an experience you’ve had with your insurance company. Be sure to check out Clearsurance's rankings page for the best renters insurance near you.

Before buying a Farmers renters insurance coverage, it is best to get quotes from several other renters insurance providers in order to compare the type of insurance coverage and monthly premiums.

To compare quotes from many different insurance companies enter your ZIP code to use the free quote tool.

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.