Renters Insurance in New Jersey

/home/renters-insurance/new-jersey-renters-insurance/

Find cheap renters insurance in New Jersey


Renters insurance is a critical — and affordable — form of insurance. It keeps your things safe in the event your rental property suffers damage from a common incident. A renters policy covers belongings against smoke or fire damage, a wind storm, theft, vandalism, and a collection of other common calamities.

There are relatively large gaps in the cost of renters insurance by state. Renters prices in states diverge depending on the number of — and value of — renters insurance claims in the state, and also on the value of the belongings being insured.

Getting renters insurance in New Jersey is less expensive than the nationwide average. The typical annual renters insurance rate in New Jersey is $168, $16 less expensive than the average across the nation.

The easiest way to find an affordable renters insurance policy in New Jersey is to compare rates from as many insurance companies as you can. Learn more about typical renters insurance rates in New Jersey by referencing the below data. Your rates may vary, depending on your coverage details and the value of your belongings.


New Jersey renters insurance:
  1. Rates by company
  2. By city
  3. Bundling discounts

Renters insurance rates in New Jersey by company

Renters insurance rates in New Jersey will vary based on the insurance company you select. Cumberland Insurance Group sells the cheapest renters insurance in New Jersey, at just $107 per year. This compares favorably to the state average cost of $168, offering a 36% discount on rates typical to the state.

Begin the hunt for a renters policy by checking out the cheapest New Jersey companies, listed below.


RENTERS INSURANCE RATES IN NEW JERSEY: BY CARRIER
CompanyAverage Annual Rate in New Jersey
Cumberland Insurance Group$106.99
Narragansett Bay$120.16
State Farm$125.27
Germantown$129.84
Preferred Insurance$138.82

New Jersey renters insurance costs by city

Not all New Jersey cities have equal renters insurance rates. Rates are determined based on on city-specific variables, including the number of claims filed in the immediate area, meaning your specific ZIP code impact how much you pay.

The cheapest renters insurance rates in New Jersey are available in Linden. A typical renters insurance term in Linden costs just $164 per year — $3 less than the average policy in other New Jersey cities. Reference the below table to see the cheapest cities in New Jersey for renters insurance.


AFFORDABLE RENTERS INSURANCE BY CITY IN NEW JERSEY
CityAverage Annual Renters Insurance Rate
Linden$164.06
Trenton$167.27
New Brunswick$167.41
Clifton$167.74
Fort Lee$168.15

Tip: bundle renters and auto insurance in New Jersey

If you're trying to save on insurance, consider purchasing your renters and auto policies from the same insurance company. A renters and auto insurance bundle in New Jersey can lead to substantial savings on car insurance. Bundling policies in New Jersey leads to an a yearly discount of $70.


RENTERS AND AUTO INSURANCE BUNDLING SAVINGS IN NEW JERSEY
Avg. Annual Auto Insurance Rate (No Bundle)Avg. 12-Month Auto Insurance Rate (Bundle)Annual Bundle SavingsBundle Savings %
$1,671.15$1,600.78$70.374%

A great way to save is to bundle your renters and auto insurance policies. Start shopping today!


Compare car insurance rates today!