Jersey City Renters Insurance

The Zebra
July 23, 2019

Jersey City, New Jersey renters insurance


Renters insurance is important if you're renting a house or apartment. It insures your dwelling — and the personal property within — against a variety of perils, including wind, theft, fire, or vandalism. 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.

The cost of renters insurance relies on a number of factors, including the building's age, its material constitution, its geographic location, and the pricing rules of your insurance company. In areas prone to hail, fire, lightning, or damaging wind, renters insurance could be more expensive to account for the additional risk.

The average yearly cost of renters insurance in Jersey City is $178.

Finding reliable renters insurance in Jersey City should start with a thorough comparison of the top renters insurance companies. Review our list of average Jersey City renters insurance rates to ensure you're informed and aware heading into the insurance purchasing process. Remember: rates will vary based on your coverage limits and other factors.


Jersey City renters insurance:

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

Renters insurance rates in Jersey City — popular companies

How much you pay for renters insurance in Jersey City depends on the insurer you choose. For instance, USAA offers the cheapest renters insurance in Jersey City, at just $87 per year. That's less expensive than the city's average cost of $178, providing a $91 discount on the city's normal rates.

Begin your search for a renters insurance policy by reviewing the cheapest companies in Jersey City.


AFFORDABLE RENTERS INSURANCE COMPANIES IN JERSEY CITY
CompanyAverage Annual Rate in Jersey City
USAA$87
Cumberland Insurance Group$106
State Farm$125
Germantown$131
Narragansett Bay$151

Jersey City renters insurance pricing by coverage tier

The cost of your renters insurance depends on the amount of coverage you carry. Common renters insurance coverage tiers are $25,000 and $50,000 property coverage. In Jersey City, the annual cost differential between these levels is about $78. If you can afford the up-front expense, purchasing more coverage might not be a bad idea.

Coverage LevelAverage Annual Rate in Jersey City
$25K Property$139
$50K Property$217

How to save: bundle your renters and car insurance policies

If you’re looking to save, consider carrying your renters and auto policies under the same insurance company. Bundling renters and car insurance in Jersey City can result in substantial savings. In fact, bundling policies in Jersey City leads to average auto insurance savings of $80. The car insurer offering the most affordable rate with a renters bundle is New Jersey Manufacturers, followed by GEICO and Progressive.


AUTO AND RENTERS INSURANCE BUNDLING DISCOUNTS IN JERSEY CITY
Annual Bundle SavingsBundle Savings %
$804.1%

Need renters insurance? Talk to an expert today.