Best renters insurance in Virginia

If you rent a home or apartment, then it is important that you have the right renters insurance to protect your personal property and its contents. Renters insurance covers damage caused by smoke or fire, vandalism, theft, a windstorm, and other natural disasters.

Renters insurance costs an average of $302 a year for Virginia residents. However, rates vary based on the zip code, property you want to insure, coverage you choose among other factors.

If you are in search of the best renters insurance in Virginia, then this guide is for you. We have compared major insurance carriers and their average annual premium for Virginia residents. Read on to know more about the insurance companies that have the best renters insurance policies, insurers that provide the cheapest rates, and the least and most expensive zip codes for renters insurance in Virginia.

Best renters insurance companies in Virginia

When it comes to choosing the best renters insurance company in Virginia, you want to make sure that you are comparing apples to apples. Our experts at Insurance.com have compared quotes, coverage options and J.D Power score from all the major insurers in Virginia. Below is the list of best renters insurance companies in Virginia:

• State Farm
• Nationwide
• Allstate
• Farmers
• Liberty Mutual

Compare best renters insurance companies in Virginia

State Farm is one of the best renters insurance companies in Virginia with the highest J.D. Power score (866) among the carriers surveyed. Its average insurance rate is $230 a year.

You may want to take a look at what each plan offers, and which providers offer excellent customer service. The most important thing is to compare quotes from all the options available before making the final decision.

Find below the list of best renters insurance providers and their average annual insurance rate.

How much is renters insurance in Virginia

The average annual premium for renters insurance in Virginia is $302 or $25 a month. However, this amount may vary by location and the amount of coverage you choose.

Based on an analysis by Insurance.com, the recommended renters insurance coverage level is $40,000 for personal property coverage, with a $1,000 deductible and $100,000 of liability protection.

10 Most expensive zip codes in Virginia for renters insurance

If you are a renter in Virginia, it's important to know that your renters insurance premium may vary depending on the zip code you live in. The most expensive zip code for renters insurance in Virginia is 23451, and its average rate is $402 annually.

Here are the 10 most expensive zip codes in Virginia for renters insurance-

10 Least expensive zip codes in Virginia for renters insurance

Insurance companies take into account several factors including your zip code when deciding on insurance premium for your standard renters insurance policy. The least expensive zip code for renters insurance in Virginia is 20124, and its average annual rate is $264.

We have gathered price quotes from major insurance companies across all the zip codes and prepared a list of the 10 least expensive zip codes in Virginia for renters insurance.

Cheap renters insurance in Virginia by carrier

One of the best ways to save money on renters insurance is to get quotes from several different insurers to find out which company offers the cheapest rates to Virginia renters. Among the carriers surveyed, Allstate is the cheapest renters insurance company in Virginia, and its average annual premium is $149.

Find below the list of cheap renters insurance companies in Virginia and their average annual premium.