- Best renters insurance companies in Alabama
- Compare the best renters insurance companies in Alabama
- How much is renters insurance in Alabama
- Most expensive ZIP codes in Alabama for renters insurance
- Least expensive ZIP codes in Alabama for renters insurance
- Compare renters insurance rates by city in Alabama
- Cheap renters insurance in Alabama by company
- Methodology
- Compare renters insurance rates with other states
Best renters insurance companies in Alabama
When choosing the best renters insurance company in Alabama, make sure you’re comparing on more than just price. We’ve compared quotes, coverage options and J.D. Power scores from all the major insurers in Alabama. Below is our list of best renters insurance companies in Alabama based on that analysis, with our score out of five. Note that USAA only offers coverage to military families.
| Company | Average rating(out of 5) |
|---|---|
| Nationwide | 4 |
| State Farm | 4 |
| Allstate | 3.5 |
| USAA | 3.5 |
| Farmers | 2.5 |
Compare the best renters insurance companies in Alabama
Comparing quotes from multiple insurance carriers is one way to ensure you will get your money’s worth. There can be big differences in price between different renters insurance providers, so it pays to shop around. Ensure you buy from a company offering affordable renters insurance and consistent customer service.
To simplify your task, we have compared the carriers for Alabama residents based on their average rates and ratings from J.D. Power. Among the carriers surveyed, Nationwide is the best renters insurance company in Alabama. It earned 852 out of 1000 from J.D. Power and has an average renters insurance rate of $305.
The table below offers a detailed comparison of renters insurance companies in Alabama.
| Company | J.D. Power Score | Average Annual Premium | AM Best Ratings |
|---|---|---|---|
| Nationwide | 852 | $305 | A+ |
| State Farm | 844 | $304 | A++ |
| USAA | 894 | $219 | A++ |
| Allstate | 835 | $371 | A+ |
| Farmers | 842 | $604 | A |
How much is renters insurance in Alabama
Alabama residents pay an average of $329 a year for renters insurance, and the average monthly cost is $27. That’s for a policy with personal property coverage of $40,000, liability coverage of $100,000, and a deductible of $1,000.
What you pay for renters insurance will not be the same as a neighbor’s price because it depends on factors specific to each person: the property you want to insure, extra coverage options you add, and the deductible amount you choose.
“The number one thing that’s most important is to get good liability. A renter’s policy will default to $100,000 liability,” Josiah Hatch, an insurance pro with Bender Hatch Insurance in Boston, said. “It costs next to nothing to go from $100,000 to $500,000. I want to say it’s probably 10 bucks a year. It’s really cheap to get a lot of extra coverage. I always recommend getting the most liability you can because that’s, at its core, what insurance is all about: the worst-case scenario.”
| Average Annual Premium | Average Monthly Premium |
|---|---|
| $329 | $27 |
Most expensive ZIP codes in Alabama for renters insurance
Several factors affect your renters insurance coverage cost in Alabama, including your location and the coverage you buy. The most expensive ZIP code in Alabama for renters insurance is 36528, where the average annual rate is $650 which is $321 more than the state average insurance premium.
The following table lists the most expensive ZIP codes in Alabama for renters insurance.
| ZIP code | Average Annual Rate |
|---|---|
| 36528 | $650 |
| 36561 | $649 |
| 36509 | $648 |
| 36523 | $646 |
| 36532 | $643 |
| 36580 | $642 |
| 36555 | $639 |
| 36602 | $637 |
| 36527 | $636 |
| 36541 | $635 |
Least expensive ZIP codes in Alabama for renters insurance
Renters insurance rates in Alabama are cheaper in some areas. Based on a rate analysis by Insurance.com, the least expensive ZIP code for renters insurance in Alabama is 35043, and its average annual rate is $275.
Below, you’ll find the least expensive ZIP codes for renters insurance, along with their average annual rates.
| ZIP code | Average Annual Rate |
|---|---|
| 35043 | $275 |
| 35007 | $276 |
| 35114 | $277 |
| 36830 | $278 |
| 36801 | $279 |
| 35078 | $280 |
| 35178 | $281 |
| 35950 | $282 |
| 35175 | $283 |
| 35475 | $284 |
Renters insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on renters insurance for your specific city in Alabama.Compare renters insurance rates by city in Alabama
City Annual insurance premium
Cheap renters insurance in Alabama by company
There are a lot of companies offering renters insurance in Alabama. Among the carriers surveyed by Insurance.com, USAA is the cheapest renters insurance company in Alabama; its average annual premium is $219.
Renters insurance prices can vary drastically between companies. That’s why it is important to compare rates and see which company offers the best deal to get coverage at an affordable price.
Below are the best cheap renters insurance companies in Alabama and their average annual premiums.
| Company Name | Average Annual Premium |
|---|---|
| USAA | $219 |
| Alfa Corporation | $256 |
| State Farm | $304 |
| Nationwide | $305 |
| Auto-Owners | $311 |
| Country Financial | $334 |
| Allstate | $371 |
| Farmers | $604 |
Methodology
Insurance.com compared renters insurance rates in 2022 provided by Quadrant Data Solutions for $40,000 personal property coverage with a $1,000 deductible and $100,000 liability coverage for all available ZIP codes based on a renter with good credit. Content was updated in 2023.
Compare renters insurance rates with other states
Helpful home insurance tools and calculators
You might also be interested in
