8 Best Renters Insurance Companies in Washington of 2022

How We Decided

To determine the best renters insurance companies, we looked at their discounts, coverage options, technology, customer reviews, and cost.


If an insurer had many discounts, we put that company on our list.

Since renters insurance is relatively cheap already, it’s going to be hard for you to find meaningful discounts that can actually lower your rate. Some discounts only shave off $1 or $2 a year on your policy.

So, we took into account bundling your renters insurance with another insurance policy. That typically is your auto policy. If you bundle renters and car insurance, in some cases an insurer can help you save up to $15%.

The insurer who has that multi-line discount is Amica.

Coverage Options

Since every renter has different coverage needs, we looked at how many coverages an insurer offered.

Does the insurer offer a mix of optional coverages that you can’t live without, and which are both appealing and relevant?


If an insurer has a useful and easy-to-use website and app, we took note of that. Specifically, we looked at whether you can purchase a policy online or file a claim on an app.

Some companies require you to talk to a customer service agent to buy a policy. We tried to avoid those because it’s not an efficient way to use your time. If you can use the insurer’s website or app anywhere, and at any time of the day or when you feel like it, this provides convenience and we put that insurer on our list.

Customer Reviews

For customer reviews, we looked at how many customers gave insurers a good rating based on how they felt about a company’s customer service.

We also looked at an insurer’s JD Power rating to determine how renters felt about their insurance companies.


Renters insurance tends to be affordable, but the more coverage you buy, the higher your rate will be.


We surveyed insurance coverage prices in Seattle, Spokane, Tacoma, Vancouver, and Bellevue.

What Does Renters Insurance Cover?

In Washington, the standard renters insurance policy covers liability, theft, medical treatment, and loss of use.

But no matter what the state, the standard policy never changes from what it offers.

What makes a basic policy unique is the customization you can get to tailor your policy to your needs, as well any add-ons or endorsements that you may want to purchase for additional coverage or protection.

So, the standard coverage includes:

Liability Coverage

Liability protects you against lawsuits from someone who has bodily injuries or property damages that you or your family caused to them.

Liability also covers your legal defense.

Personal Property Coverage

This pays to repair or replace property that’s stolen or vandalized or that has been damaged due to fire, windstorms, smoke damage, and other perils your policy may cover.

Loss of Use

This policy covers basic living expenses and temporary housing costs if you can’t live in your rental unit due to damage and destruction from fire, smoke, and heavy winds.

Medical Payments

This policy pays for medical care if there is bodily injury to a person that occurs in your rental unit, regardless of fault.

Is Renters Insurance Required in Washington?

Renters insurance is not required by law in Washington. However, some landlords may require it for you to live in their building.

Even though it’s not mandatory, it’s always a good idea to purchase renters insurance.

Read more: The Best and Cheapest Renters Insurance in Seattle, WA, for 2022: Rankings, Reviews and Rates

If you don’t have renters insurance and a fire, a burglary, or other unexpected events happen, you will be responsible for replacing your belongings, which can cost a lot of money.

Only renters insurance will make it easy for you to purchase replacements.

Is it Hard to Get Renters Insurance?

No, it’s relatively easy to get renters insurance. The process is simple:

First, understand what renters insurance covers and doesn’t cover.

Second, determine how much renters insurance you need.

For personal property, as we will discuss, you should get enough coverage close to or greater than the value of your items.

Third, compare renters insurance quotes from as many insurers as you can get.

Fourth, apply to the insurer you choose, either online, if the company lets you, or with an agent.

What if I Don’t Need Renters Insurance Because I Don’t Have a Lot of Property to Protect?

If you think you don’t need renters insurance because you don’t have enough valuables to protect, all renters insurers will tell you to do a home inventory.

A home warranty helps determine how much property you have, as well as how much each costs.

It’s easy. You itemize all your belongings and determine their cost.

If you know the prices for some items, that’s helpful. If you don’t have receipts or you can’t recall the costs, you can look up the prices on the internet.

And if you can’t find any of your belongings by searching online, you can use a roundabout figure from an item that is comparable to yours.

After itemizing and calculating the worth of each item, you’ll most likely find that you have property you may want to protect.

Did you forget that your couch costs $5,000?

Or your laptop was $4,000?

Even the smallest belonging should be itemized. These can include something expensive like a diamond ring or something reasonably priced like your iPad.

After carefully itemizing your property, in most cases, you’ll find you have enough property to insure.

So, once again renters insurance is a good idea.

What if I Don’t Want Renters Insurance?

If you rent and don’t want renters insurance, ask yourself if you could replace your malfunctioned kitchen appliance with out-of-pocket expenses that you alone have to pay.

But renters insurance doesn’t just cover your personal property.

It also covers any person visiting your unit who gets injured.

Say someone slips on the floor you just mopped and sustains an injury.

Regardless of who is responsible for the fall, your renters insurance will pay for the medical bills that the injured person racked up.

And if the injured person ends up suing you, your insurance will cover any legal fees, including legal representation.

Read more: 2022 Seattle, WA Renters Insurance Guide

If, say, you want to get away from the renters insurance deductible, know that paying it when there’s a need for a payout is the best and cheapest amount of money you’ll ever spend in your lifetime.

Also, most renters don’t want insurance because they believe it is expensive. But most companies come in lower than the state average, and the cost per month for renters insurance is probably less than buying a latte every morning before work.

If you can skip the latte, you can afford to purchase renters insurance.

How Much is Renters Insurance in Washington?

In the US, the average cost of renters insurance is $15 per month or $180 per year, according to the Insurance Information Institute.

The typical renters insurance rate in Washington is $180 per year or around $15 per month.

For the standard or basic policy, Allstate costs $102 per year or a monthly rate of just $8.50.

The cost of a basic renters insurance policy with Amica is $130 per year or $11 per month.

That said, Allstate has the cheapest rates in Washington and is much lower than the Washington average.

As a runner-up, Amica is slightly higher than Allstate but still cheaper than the Washington average.

However, if you shop around, as you should, you can find a rate lower than the state average.

If you think these rates are expensive, consider that renters insurance is always cheaper than homeowners insurance.

Why is Renters Insurance Cheaper Than Homeowners Insurance?

A renter’s policy does not cover the rental structure, such as the exterior and interior of your apartment building, the latter including the lobby, the shared halls, and the elevator, to name just a few.

That’s your landlord’s responsibility.

So renters insurance is cheaper than homeowners insurance because your policy is not covering the structure of your rental, including a single-family home you rent, a condo, and an apartment complex.

However, the cost of your renters insurance policy ultimately depends on how much coverage you buy. Since personal property is only covered up to the policy’s limit, you may have to buy additional coverage or an endorsement to get your property fully insured.

This means, if your belongings were damaged or destroyed by a fire or stolen due to a burglary or other covered peril, your insurer will be able to replace or repair your belongings in full, minus the deductible.

What Determines Your Renters Insurance Rate?

There are several factors that affect the price of a renters insurance policy.

The most popular are:

Credit Score

Your credit score can negatively impact your premium.

People who have a high credit score generally pay less.

And those with poor credit scores will pay more.


Because it’s believed that people who have good credit are more likely than people with bad credit to pay their monthly rates on time.

Whether You Choose an Actual Cash Value or a Replacement Cost Value Plan


With ACV, insurers pay only for the depreciated value of your items if they are stolen or damaged.

With RCV, insurers pay the full cost at today’s prices. For example, if your laptop is four years old and gets destroyed, damaged, or stolen, you’ll be reimbursed at the full cost so you can purchase the same or similar type of laptop.

RCV, if it doesn’t come standard in a basic policy, which it often isn’t, will raise your premium.

Claims History

If you’ve ever filed a claim on any of your many insurance policies, you are considered a risk and will thus have your premium raised.

Amount of Coverage

If you increase your coverage, or if you buy more coverage to raise your property limits, you’ll pay more.

Your standard renters policy probably won’t provide enough coverage to replace all those items.

So, you will buy extra coverage for them through an endorsement so that they will be paid in full if a covered peril damages or destroys them.

Where You Live

Insurance companies will determine your premium based on where you live.

So if you live in an area with a low crime rate, or if you live in an area that is not prone to natural disasters, your premium will be low.

The Size of Your Building or Unit

Insurers usually give lower premiums to people who live in large buildings with a lot of units.

And they often will give you a higher premium if you live in a smaller building with only a few units.

Building Construction

If you rent a house, apartment, or condo and it’s made of brick or masonry, insurers will charge you less than they would if your rental was constructed using a less “stable” or less “solid” material.

That’s because sturdier material is less affected by earthquakes, fires, and other covered perils.

Fire Detection and Prevention

If you install fire detection and prevention devices, as well as load up on fire extinguishers, your rental will be much safer and your premium will be lowered.

Security Measures

If your apartment or condo has doormen (24/7 is the best) or front-desk security or is located in a gated community, or if you have security cameras and deadbolts installed in your unit, your rental will be much safer.

As such, your insurer will reduce your premium because it’s perceived that you will be less likely to make a claim.

How Do You Find Affordable Renters Insurance?

Finding cheap renters insurance in Washington can be difficult, especially since there are so many insurers that cover the state.

Shopping around may be a necessity to save you a lot of money.

Get quotes from as many insurers as you can.

It may be easier to use a company’s website to get a quote because then it is instant and saves you time from calling an insurer’s customer service agent or rep.

Once you have enough quotes, compare each policy to try to find the lowest possible one.

Or do what we did. To compare affordable renters insurance companies, we based them on their JD Power score and their average rate.

You’ll be able to see who has the less costly option for you.

The JD Power rating uses a score out of 1,000 to determine how renters feel about their insurance companies. The national average is 835.

Company JD Power Score Average Annual Rate:

Please see more list about Seattle renters insurance

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