Gilbert Renters Insurance

The Zebra
July 23, 2019

Renters insurance in Gilbert, Arizona


Renters insurance is critical if you're renting a home. Renters insurance covers your dwelling and most property within it against a variety of perils, including vandalism, wind damage, theft, or fire. Since these occurrences are fairly common, the affordable price of renters insurance, 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 material from which it’s made, its geographic location, and the pricing guidelines of your insurance company. In areas prone to events such as fire, lightning, wind, or hail, renters insurance policies may be more expensive to account for the extra risk.

The average yearly price of renters insurance in Gilbert is $153.

Finding affordable renters insurance in Gilbert begins with shopping around and comparing policies. Review our list of average Gilbert renters insurance rates to ensure you start your search with as much background info as possible. Remember: rates may vary based on your coverage limits and other factors.


Gilbert renters insurance:

  1. Rates by company
  2. Rates by coverage level
  3. Car and renters insurance discounts

Renters insurance premiums in Gilbert — popular companies

Renters insurance premiums in Gilbert depend on the insurance company providing the quote. For instance, USAA offers the most affordable renters insurance in Gilbert, at just $100 per year. That's less expensive than the city's average cost of $153, providing a $52 price break on the city's normal rates.

Start your search for a renters insurance policy by reviewing the cheapest companies in Gilbert.


AFFORDABLE RENTERS INSURANCE COMPANIES IN GILBERT
CompanyAverage Annual Rate in Gilbert
USAA$100
State Farm$115
American Family$116
Farm Bureau$119
ACA$120

Gilbert renters insurance premiums by coverage level

Your renters insurance rates will vary depending on your coverage levels. The most common levels of renters insurance coverage are $25,000 and $50,000 property coverage. In Gilbert, the annual cost differential between these levels is about $49. If you can afford to insure your personal property at this additional expense, it's an option worth considering.

Coverage LevelAverage Annual Rate in Gilbert
$25K Property$128
$50K Property$177

How to save: 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 Gilbert can result in substantial savings. In fact, bundling renters and auto insurance leads to average savings of 8.0% on car insurance rates. The car insurance company offering the most affordable rate with a renters bundle is GEICO, followed by Progressive and American Family.


RENTERS AND CAR INSURANCE BUNDLING DISCOUNTS IN GILBERT
Annual Bundle SavingsBundle Savings %
$1148.0%

Need renters insurance? Talk to an expert today.