Are you in the market for renters insurance? State Farm offers customizable protection with no limit on personal property coverage and has more than five additional coverage options.
Policies starting at $5 per month Signing up for a policy is easy on the Lemonade app Giveback program that donates to charities
Completely customizable plans and pricing Replacement cost coverage add-on for just $3 a month Members gain access to exclusive discount portal
Offers competitive premiums below national average No limit on personal property and loss of use coverage Available nationwide
Pros No limit on personal property and loss of use coverage Cost of renters insurance is around $12 per month, which is lower than the national average of $15 per month Has a website, customer portal, and mobile app that contains resources for policy and claims questions
Cons Customer service isn’t available 24/7 Offers only choice of three deductibles Our Rating: Best for Valuables Coverage Get My Quote Fast, free, and secure.State Farm doesn’t provide much information on their website regarding how much a renters insurance policy costs, so our team received a free quote to give you an idea of the monthly price. Here’s what State Farm quoted us for a single woman living in a one-bedroom apartment in Raleigh, North Carolina:
| Type | Amount |
| Deductible | $1,000 |
| Monthly cost | $7.58 |
State Farm covers losses from a wide range of events that fall into the following three categories. The first category is accidents, which includes damage from vehicle impact, falling objects, fire, or smoke, and water damage from plumbing or appliances. The second category is weather impacts, which protects against the weight of snow, sleet or ice, lightning, windstorms, hail, and water damage from freezing pipes. The third category includes malicious mischief, which protects against damage from acts like vandalism, theft, riots, and civil commotion are protected.
For the above-mentioned scenarios, State Farm provides four types of renters insurance coverage:
1. Personal Property Coverage: Personal property coverage protects the personal belongings in the rental that you own. If an accident were to damage your property, the policy would pay to replace it. To determine how much of this type of coverage to get, take an inventory of your belongings before signing up for a plan.
In the quote we received, State Farm covered $25,000 for personal property.
2. Loss of Use Coverage: When an event puts you out of your rental property temporarily for repairs, State Farm will cover living expenses, like the cost of a hotel room or food.
3. Liability Coverage: If a tub overflows and damages your downstairs neighbor’s belongings, your renters insurance policy will cover the damage. This, along with other accidents that cause damage or bodily injury to others, is protected under renters insurance.
In our quote, State Farm covered $100,000 for liability coverage.
4. Coverage for Medical Payments to Others: If you have a guest over and they get injured, your policy will pay the medical bills for that guest to get treated by a doctor.
In the quote we received, State Farm covered $1,000 per person for medical payments to others.
Below are the areas of coverage and associated limits provided by State Farm based on a North Carolina residence:
| Area of Coverage | Amount Range |
| Personal property | No limit |
| Loss of use | No limit |
| Liability | $100,000, $300,000, $400,000, $500,000, $750,000, or $1,000,000 |
| Medical payments to others | $1,000, $2,000, $3,000, $4,000, or $5,000 |
| Deductible | $500, $1,000, or $2,000 |
State Farm offers several additional coverage options that you can tack onto your base plan. Here are the covered items that are advertised on the State Farm website:
The following situations are not covered:
State Farm Renters insurance is available in all 50 states, which means that no matter where you live or plan to live in the US, you will be able to use State Farm. To see a complete list of the top providers in your area, click on your state in the list below: Alabama | Alaska | Arizona | Arkansas | California | Colorado | Connecticut | Delaware | Florida | Georgia | Hawaii | Idaho | Illinois | Indiana | Iowa | Kansas | Kentucky | Louisiana | Maine | Maryland | Massachusetts | Michigan | Minnesota | Mississippi | Missouri | Montana | Nebraska | Nevada | New Hampshire | New Jersey | New Mexico | New York | North Carolina | North Dakota | Ohio | Oklahoma | Oregon | Pennsylvania | Rhode Island | South Carolina | South Dakota | Tennessee | Texas | Utah | Vermont | Virginia | Washington | West Virginia | Wisconsin | Wyoming
For a quote or general insurance questions, you can call your local State Farm agent or the general customer service line at 800-782-8332. To file a claim, you can call 800-732-5246. State Farm also has a website, customer portal, and mobile app that can act as resources for your policy and claims questions.
During our review process, we searched through State Farm’s third-party ratings and customer reviews. State Farm is not accredited by the Better Business Bureau (BBB), but has been rated a B by the organization. Here is some of what customers have had to say about State Farm renters insurance in their reviews on the BBB: Bobby B said:
“I purchased rental insurance from agent Alex Quilis from the Lawrenceville, GA office. I’m very satisfied with the courtesy and service that I received.”Marilyn P said:
“2 major claims in last 11 years. Agent, claims adjuster and claims liaison were amazing. Settled in less than 48 hrs an consistently guided us to protect our own interest. No problem contacting any of them.”Holly B said:
“State farm insurance for auto and renters has been competitive so far concerning price. Nevertheless, customer service has been increasingly poor, from misinformation on the phone resulting in delays, redos, etc. From hanging on the phone with agents to do just about anything, from having to make repeat calls the get things sorted that I should be able to do online and that the website failed to do properly. Coverage changes made online that agent says were never received, info given through 1-800 call center that’s wrong and has to be fixed, wasting time, energy etc. Website issues logging in, having to request tech support because account keeps saying I have to reset password each time I log in, the list has grown in recent weeks. Issues with delays when moving from one agent to another out of state, agents miscommunication with each other etc. Agents appear overworked, State Farm needs to update their business model which is way to “heavy” for everyday affairs or changes. Latest issue prompted non-renewal of life policy after beneficiary change took way too long to complete, rejections of submissions for strange reasons, etc. Still looking for a better insurance experience though not sure it exists.”
In our State Farm renter insurance review, we found that the company offers some of the most affordable premiums in the renters insurance industry and provides more than five add-on options to customize your renters insurance policy. However, if you’re looking for around-the-clock customer service, you may want to go with another renters insurance provider, as State Farm mostly operates within regular business hours. We recommend getting renters insurance quotes from at least three providers before purchasing a policy so that you can find a plan that fits your home protection and budget needs:
