Renting an apartment carries responsibility. While it may not come with as much responsibility as owning a house, that doesn't mean you should take any risks by not purchasing renters insurance. In fact, your landlord's insurance policy doesn't cover any of your personal property. So imagine what would happen if your apartment burned down, a thief broke into your house or a guest slipped and injured in your house. What if the house you're renting suffered water damage?

The best way to prepare for accidents or unexpected losses in your apartment is renters insurance, and Geico renters insurance options may be right for you.

Many renters aren't aware of what renters insurance covers. A renters insurance policy will protect your and your personal belongings from unexpected events. It offers additional liability coverage that covers your personal belongings if you experience a loss in your rented space. This type of home or apartment insurance can include valuables such as jewelry, furniture, clothing, and electronics protection. Some common losses that renters experience include theft, vandalism, fire or extreme weather. The general rule of thumb is that if you can't afford to replace all of your items from a loss in your apartment, you should have renters insurance coverage to give you peace of mind that you can recover from a loss.

A renters insurance policy will cover all the expenses up to your limits to replace your personal property and help with additional living expenses if your apartment becomes uninhabitable. It also provides coverage to help protect you against claims that others make against you. This is called liability coverage and can cover medical expenses or legal fees if someone is injured on your property.

Many well-known and reputable companies offer ways to buy an online affordable renters insurance policy, such as Geico. Chances are if you already have auto insurance with a company that offers renters insurance, you can add renters coverages to make a bundle for as little as a few extra dollars a month. Renters insurance quotes are generally considered affordable for consumers.

What do you need to know about Geico Insurance Agency renters insurance?

Geico Insurance Agency sells secured renters coverages through other licensed insurance carriers. It does not write its own insurance policies but offers coverages through non-affiliated insurance companies, which you can find a list of here.

Geico earned the No. 3 spot on our ranking for best renters insurance companies for 2019. It also make the list of best homeowners insurance companies for 2019 and is also known for being able to many types of insurance and policy service options, including a life insurance policy, professional liability policy, business owners policy, umbrella policy, many types of coverage for vehicle insurance, and even additional coverage like a boat insurance policy or recreational vehicle insurance.

What does renters insurance by GEICO cover?

A renters insurance policy by GEICO can cover your clothing, furniture, a television or entertainment system, a computer, musical or sporting equipment, jewelry. However, your policy will state exactly what you're insured against. This is known as 'named-peril' coverage.

Some of the named perils your renters policy may cover include: fire and lightning, windstorm, smoke, vandalism or malicious mischief, theft, accidental discharge of water, and other common types of loss.

What is not protected under Geico renters insurance?

A renters insurance policy by Geico does not cover your belongings if they are damaged in certain events such as natural disasters (earthquakes and flooding). Instead, specialized policies are available in such cases. There might be other circumstances that aren't covered in your renters policy, so it' best to check the documents and speak with an insurance representative. Limits may also include specific items such as jewelry, art, and antiques. Again, your renters policy should include exactly what you're protected against.

This is known as 'named peril' coverage. Your renters policy may cover fire or lightning, windstorm, smoke, vandalism, theft, and other loss types. Moreover, your coverage should include liability protection. Many landlords also ask their tenants to set specific liability limits in their policy, especially if they're pet owners. Lastly, your policy should include medical payments coverage to pay medical expenses for injured individuals on your property.

What are Clearsurance users saying about Geico Insurance Agency renters insurance?

As of July 2019, Geico Insurance Agency renters insurance has earned an average Clearsurance of 4.22. You can see the most up-to-date rankings on our renters insurance rankings page.

Renters insurance can be hard to understand, especially if it's new to you. It's important to consumers that the process of buying insurance is easy and straightforward, but we know that's not always the case. However, more than 20 percent of all Geico Insurance Agency renters insurance reviews discussed the ease of the process. Additionally, less than 2 percent of reviewers discussed experiencing a miscommunication.

Another important aspect of an insurance company is its claims handling process. Although you never want to have to file a claim, if you're caught in a situation when it's necessary, you want the process to go smoothly. Less than 1 percent of Geico renters insurance reviews discussed a claims dispute, which suggests that Geico Insurance Agency and it's non-affiliated insurance companies have a fair process for handling claims properly. One reviewer discussed the ease of their experience saying, “Rented an apartment a couple years ago and the landlord required renters insurance. Never had renters insurance before. Went to geico.com and had the required renters insurance within a few minutes. Easy.”

Like a number of other insurance carriers, Geico Insurance Agency has a mobile app that offers convenient features to policyholders. Discussing the app, one reviewer said, “The price is absolutely amazing! They have an app that you can download on your phone to keep track of your bill. You can also use the app to change your coverage needs whenever you feel the need to do so without having to talk to a rep”

How can Geico renters insurance help you?

While sometimes you can prevent losses, some vehicle or home accidents are unavoidable and unpredictable. Windstorms, floods, and earthquakes are unavoidable, but you can still prepare. Geico Insurance Agency renters insurance can help you prepare for the unexpected.

Renters coverages are not only important for protecting your belongings, but it's also important so you can have peace of mind that your items will be covered if a disaster strikes. Consumers have discussed how Geico renters insurance has helped them recover from a loss. One reviewer said, “Our rental home suffered quite a bit of damage from hurricane Harvey including our personal belongings. I'm so thankful that we had rental insurance through Geico. Some things can never be replaced but Geico really came through on what could.”

How can you save money on a Geico renters insurance policy?

Geico renters insurance has a number of ways that you can save money on monthly renters insurance rates through their licensed insurance companies. One of the biggest discounts on your renters insurance payment available for Geico Insurance Agency renters coverages would be a bundling discount. If you have an auto policy with Geico, you can add renters coverages for a small cost. How much does renters insurance cost?A reviewer discussed the bundling experience saying, “Since I have my car insurance through Geico, I was able to get a bundle when I applied for renter insurance. The price is unbeatable at $15 per month the company has been great to work with.”

Geico also offers additional renters insurance discounts, such as a discount if your apartment has sprinklers or smoke alarms, as well as home security systems.

When buying cheap renters insurance, make sure you determine the coverage limits you need to ensure that, if something were to happen, you would receive proper payout to cover the loss. Geico renters coverages have a personal property calculator to help you figure out the coverage you need based on the value of your belongings.

You can learn more about why many other people trust Geico renters insurance to cover their belongings while renting by reading more Geico renters insurance reviews. If you’ve had an experience with Geico or a different renters coverage carrier, write a review to help other consumers learn from your experiences.

Visit Clearsurance's renters insurance rankings page to see what other insurance companies customers say are the best in your area.

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 a renters coverages 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.