Bakersfield Renters Insurance

The Zebra
July 23, 2019

Bakersfield renters insurance


Renters insurance is critical if you're renting a house or apartment. Renters insurance covers your rental unit — and the personal property within it — against a variety of harms, such as fire, theft, vandalism, or wind damage. Given the likelihood of these incidents occurring, the affordability of a renters policy, and the potentially high cost of replacing your belongings, a renters insurance policy is a solid investment.

Renters insurance costs are dictated by many factors, including your building's age, the materials from which it’s made, its location, and the pricing guidelines of your renters insurance company. In areas prone to hail, fire, lightning, or damaging wind, renters insurance could be more expensive to account for the extra risk.

The average yearly price of renters insurance in Bakersfield is $213.

Finding affordable renters insurance in Bakersfield should start with a thorough comparison of the top renters insurance companies. Consult our analysis of Bakersfield renters insurance rates to ensure you're informed and aware heading into the insurance purchasing process. Remember: rates may vary based on your coverage limits and other factors.


Bakersfield renters insurance:

  1. Rates by company
  2. Rates by coverage level
  3. Renters and auto insurance discounts

Renters insurance in Bakersfield by insurance company

Renters insurance premiums in Bakersfield depend on the insurance company. For instance, Interins Exchange offers the most affordable renters insurance in Bakersfield, at just $112 per year. This compares favorably to the city's typical renters insurance cost of $213, providing a $102 price break on typical rates in the city.

Begin your search for a renters insurance policy by exploring the cheapest insurers in Bakersfield.


CHEAP RENTERS INSURANCE COMPANIES IN BAKERSFIELD
CompanyAverage Annual Rate in Bakersfield
Interins Exchange$112
Fire Insurance Exchange$135
State Farm$140
Safeco$144
USAA$144

Bakersfield renters insurance pricing by coverage level

The cost of your renters insurance depends on the amount of coverage you carry. The most common levels of renters insurance coverage are $25,000 and $50,000 property coverage. In Bakersfield, the annual cost differential between these options is about $87. If you can afford to insure your personal property at this additional expense, purchasing more coverage might not be a bad idea.

Coverage LevelAverage Annual Rate in Bakersfield
$25K Property$170
$50K Property$257

Tip: bundle your renters and car insurance policies

If you’re trying to save, purchase your renters and auto policies from a single company. Bundling renters and car insurance in Bakersfield can lead to substantial savings. In fact, bundling renters and auto insurance leads to average savings of 3.5% on car insurance rates. The auto insurer offering the most affordable rate with a renters bundle is GEICO, followed by Mercury and Farmers.


RENTERS AND CAR INSURANCE BUNDLING DISCOUNTS IN BAKERSFIELD
Annual Bundle SavingsBundle Savings %
$593.5%

Need renters insurance? Talk to an expert today.