Best Renters Insurance in Arizona

State Farm and Travelers have the cheapest renters insurance in Arizona. Allstate gets high marks for customer service.

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The average cost of renters insurance in Arizona is $210 a year, or $17 a month. Even though this may not seem very expensive, you may be able to get an even lower rate by shopping around. Read on for key tips on finding the best and cheapest renters insurance companies in Arizona.

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Cheapest renters insurance companies in Arizona

State Farm offers the cheapest renters insurance in Arizona, charging rates that average $128 a year, or $11 a month, statewide for a typical renter. The next-best rates are available from Travelers, $15 a month, and Amica, $17 a month.

The average cost of renters insurance in Arizona, $210 a year, is 4% less than the national average of $219 a year.

Company Annual Rate Monthly rate
State Farm $128 $11
Travelers $183 $15
Amica $199 $17
State average $210 $17
Allstate $238 $20
Farmers $300 $25
Note: Average rates are based on online quotes obtained from provider websites. Your rates may vary.

The actual price you pay for renters insurance depends on a number of factors about you and your home. The most significant include:

  • The amounts and types of coverage you choose
  • The age, location and construction features of your rental unit
  • Any safety and security features your unit may have
  • Your unit’s proximity to the nearest fire hydrant and fire station
  • Your credit and insurance history

Since renters insurance rates can vary widely by customer, it’s best to compare quotes from multiple companies to make sure you are getting the cheapest price.

Get free renters insurance quotes from top Arizona companies

Best renters insurance companies in Arizona

State Farm and Travelers are the best companies for renters insurance in Arizona, based on a combination of price and policy offerings.

State Farm: Low rates with high customer service ratings

State Farm Logo
Lowest average rate

$128 a year


39% lower than the state average

State average

$210 per year

High overall customer satisfaction rating from J.D. Power

836 on a 1,000-point scale

J.D. Power's overall customer satisfaction index is based on customer service reviews rating renters insurers on factors such as price, policy offerings and claims.

Cheapest average renters insurance rates statewide.

High ratings for customer service.

Generous discounts for bundling renters insurance with your car insurance.

Actual cash value and replacement cost coverage options available for your belongings.

Prior insurance claims or bad credit make it hard to qualify for the best rates

Travelers: Competitive rates statwide

Travelers Text
2nd lowest average rates in Arizona

$183 per year


13% less than the state average

State average

$210 a year

Travelers has an A++ rating for financial strength from AM Best.

Low renters insurance rates in most of Arizona.

Actual cash value and replacement cost coverage options available for your belongings.

Valuable Items Plus endorsement enhances coverage for jewelry and other valuables without requiring you to list them on a schedule.

Rated lower for overall customer satisfaction than other Arizona companies.

Bundling only gets you a relatively modest 5% discount.

While a low price is important, you also need your renters insurance company to provide responsive customer service.

On this front, Allstate has the edge, earning the highest ranking among Arizona’s leading renters insurance companies in J.D. Power’s overall customer satisfaction rankings. Allstate's rating of 837, on a 1,000-point scale, beats State Farm by one point.

Insurance company satisfaction scores
Company Overall customer satisfaction rating
Allstate 837
State Farm 836
Farmers 831
Travelers 801
Amica Not included
Source: J.D. Power 2022 U.S. Home Insurance Study

Arizona renters insurance rates by city

In Arizona’s largest cities, renters insurance rates range from $209 a year in Gilbert to $247 a year in Phoenix.

City Annual rate Monthly rate
Chandler $211 $18
Gilbert $209 $17
Glendale $213 $18
Mesa $214 $18
Peoria $211 $18
Phoenix $247 $21
Scottsdale $222 $19
Surprise $213 $18
Tempe $212 $18
Tucson $227 $19
Note: Average rates are based on online quotes obtained from provider websites. Your rates may vary.

Is renters insurance required in Arizona?

Although there are no state laws requiring you to purchase renters insurance in Arizona, landlords often require it for a lease.

Considering the low cost of renters insurance and the valuable protections it provides, renters insurance is usually worth getting when it's not required by your landlord.

What does renters insurance cover?

A standard renters insurance policy provides the following coverages:

  • Personal property or contents: Covers your belongings for theft or damage from a covered peril, such as a fire, windstorm or other cause listed in your policy.
  • Additional living expenses: Pays for above-normal costs of rent, food and other living expenses if a covered peril leaves your home temporarily uninhabitable.
  • Personal liability: Covers injuries or property damage you accidentally cause to others.
  • Guest medical expenses: Pays for medical treatment for a guest injured while visiting your home, regardless of fault.

How to compare renters insurance quotes in Arizona

As you shop for renters insurance in Arizona, it’s important to account for any coverage differences between quotes as you compare prices.

Quotes are free, non-binding estimates that insurance companies typically provide upon request. Most insurance companies are willing to provide multiple quotes to show how any changes to your proposed coverage may alter your rate.

The most important factors to review as you compare quotes are:

  • Your personal property limit
  • The type of coverage the quote provides
  • Any additional coverage you may need for your valuables
  • Your deductible
  • Your personal liability limit

Choosing a personal property limit for renters insurance quotes

The best way to choose a personal property limit for a renters insurance quote is to create an itemized list of your possessions with the value of each item or set. Then just add up their combined value to determine how much personal property coverage you need.

A higher personal property limit will increase your rate but also provide you with more money to get your life back to normal after a burglary, fire or other covered disaster.

Coverage types to compare in a renters insurance quote

In addition to showing your personal property limit, your renters insurance quote should specify whether it includes actual cash value or replacement cost coverage for your belongings.

Actual cash value covers your items at their current value, after depreciation. With replacement cost coverage, the insurance company pays to replace covered items with new ones.

Actual cash value coverage is generally cheaper than replacement cost coverage. If you have pricey electronics, appliances and/or furniture, the larger payouts provided by replacement cost coverage may be worth the additional price.

If you’re not sure whether actual cash value or replacement cost coverage is better for you, ask for separate quotes showing prices with each coverage type.

Coverage for your valuables

Since most renters insurance policies come with coverage limits for valuables such as jewelry, fine art, collectibles and computers, consider having the cost of extra insurance for your valuables added to your quote.

Most companies offer a scheduled personal property coverage, which allows you to insure specific valuables at the full value of each item for an extra price.

You can usually provide general descriptions and price estimates of your valuables for a quote. You typically need to submit receipts or appraisals documenting the value of your scheduled items when you activate your policy.

Travelers, with its Valuable Items Plus endorsement, is among the companies that give you an option for increasing the coverage on your valuables without requiring you to list your items on a schedule.

Choosing a deductible

The deductibles in your renters insurance quotes can also impact your proposed rates.

A higher deductible generally lowers your rate. However, since your deductible is the amount of money that comes out of your pocket before insurance funds kick in, you don’t want to choose one that is too high.

For renters insurance, deductibles only apply to your personal property coverage.

When comparing quotes, don’t be shy about requesting multiple quotes to see how your rates shape up with different deductibles.

Getting the right personal liability limit

It’s also important to make sure the quotes you compare all include the right amount of liability coverage.

Landlords often specify the minimum amount of liability coverage they require, but, depending on your financial situation, the landlord’s requirements may not be enough.

At minimum, your liability limit should match your net worth, and you should consider a higher limit if you earn a high salary. You can usually increase your liability coverage in $100,000 increments up to $500,000, and increases usually only add a few dollars to your monthly rate.

If you need a higher limit, ask the insurance companies you contact to add an umbrella policy quote to your renters insurance proposal.


The rates shown in this article are based on renters insurance quotes obtained for a typical renter in 51 addresses across Arizona.

Sample policies include the following coverages, limits and deductible:

  • Personal property coverage: $30,000
  • Personal property deductible: $500 deductible
  • Additional living expenses: $9,000
  • Personal liability: $100,000
  • Guest medical payments: $1,000

Quotes were obtained from the following companies:

  • Allstate
  • Amica
  • Farmers
  • Travelers
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