renters coverage
for your happy place


What is renters insurance?

The place you rent is your home, and like a home, you want it protected. Allstate renters insurance, also known as tenant insurance, is reliable, affordable and can cost less than you think.

Similar to home insurance, renters insurance is a policy that protects you, your belongings and your living arrangements. It also typically includes other coverages like family liability coverage, additional living expenses and guest medical protection.

How much is renters insurance?

Factors like location, type of coverage and the value of your possessions determine your monthly renters policy premium (or payment). The average premium for a renters policy is $16¹ per month, and as low as $4² per month when you bundle with an auto policy.

Take a look at the coverage options Allstate offers and find the one that best fits your needs.

Request a renters insurance quote today.

Who is renters insurance for?

If you rent an apartment, house or any other type of property, then renters insurance is for you. These policies are designed to help protect you, your belongings, and your living arrangements after a covered loss.

Learn about affordable renters insurance

  • Coverage & policies

    Learn about the ways Allstate can help protect you as a renter.
  • Discounts

    Find out how you can save on renters insurance.
  • Claims

    Get helpful information about filing a renters insurance claim with Allstate.

Protect your
prized possessions

Allstate renters insurance keeps your belongings covered from the unexpected.

What does renters insurance cover?

  • Electronics, clothes, bikes and more.
  • Against theft, either at home or elsewhere.
  • You from costly vet bills, if your dog bites another dog.
  • You and helps with legal bills if you’re sued for an injury at your place.

With Allstate renters insurance, there are typically four types of coverage: personal property, liability, guest medical and additional living expenses.

Coverage Example

Personal property protection covers the loss of your belongings if they're stolen or damaged both inside and outside of your home.

  1. If your laptop was stolen from the coffee shop when you went to get a refill, your renters insurance can help you replace it.
  2. If a candle falls in your bedroom and starts a fire which damages your bed and clothes, your renters insurance can help you repair or replace what got damaged.

Family liability protection can help protect you from financial loss if you're legally obligated to pay for another person's injuries or damage to another person's property.

What if you are over at a friend's house and accidentally sit on their brand-new drone, breaking the camera lens? This coverage could help you pay for the repair.

Guest medical protection can help pay medical expenses for someone injured in an accident at your house.

Let's say a guest in your residence trips over the rug in your living room and it causes him to fall. You may be found negligent and, therefore, be legally responsible to pay for the injured person's medical bill and lost wages.

Additional living expenses helps reimburse you for reasonable costs of staying somewhere else after a covered loss renders your home uninhabitable.

What if a fire in your home caused your house to be uninhabitable? This coverage may include payments for the cost of hotel, food and other expenses.

Understanding renters insurance

Watch this video about renters insurance to learn more about what’s typically included in a renters policy, such as property coverage, guest medical coverage, family liability coverage, and additional living expenses.

How much renters insurance should I get?

Consider the total value of your possessions and how much it would cost to replace them. A well-balanced amount of coverage is:

  • $25,000 for personal belongings.
  • $100,000 for liability.

Consider should follow less as shown below. However, everyone’s situation is different. Some may need more coverage, and some may need less. Consider other policies for additional protection such as:

Do I need renters insurance if my belongings aren't worth very much?

Even your smallest items, like your clothes, linens and cookware, can add up quickly if you have to replace them all at once. Plus, renters insurance can help provide coverage if your belongings are stolen when they’re not at your place, such as in a storage unit or in your car.


Renters insurance can also provide liability coverage if, for example, you accidentally cause a kitchen fire and are financially responsible for repairs. Additional living expense coverage, which also comes with a standard renters policy, can help pay for increased living costs, such as hotel stays, if the home you rent is uninhabitable after a fire or other covered risk.

Save with our renters insurance discounts

Though renters insurance is already affordable, there are many ways to save and get your costs down even further. Check out these renters insurance discounts offered by Allstate:

  • Multi-policy discount
    Bundling renters insurance with a standard Allstate auto policy can help you save
  • 55 and retired discount
    Enjoying your retirement? If you're not actively seeking full-time employment, renters who are 55 years old or over can get up to 25% off their premium.³
  • Easy Pay Plan®
    Scheduling your monthly payment from your account could not be easier. Enroll in Allstate’s Easy Pay Plan and start saving.
  • Windstorm mitigation discounts
    Available for Florida homes that have documented wind-damage mitigation features, which protect against wind and rain damage present in hurricanes and other severe windstorms. Wind-damage mitigation features make your home safer and can yield significant savings on your property insurance policy. To qualify for these Florida discounts available from Castle Key Insurance Company and Castle Key Indemnity Company, wind mitigation features may be verified through a licensed inspector or licensed general contractor.

How to compare renters insurance quotes

If you're requesting renters insurance quotes from multiple companies, it's important to choose the same coverages, limits and deductibles for each quote so you can make an accurate comparison.
  • Choose your coverage

    Take a look at the types of coverage included in the standard policy and consider what other coverages you want to add.
  • Consider your limit

    When selecting a limit, the maximum amount the insurer will pay for a covered claim, consider your personal needs.
  • Select your deductible

    Some coverages come with a deductible, which is the amount you'll pay toward a claim. Be sure to select the same deductible on each coverage for each renters insurance quote you get.

Renter insurance questions