How to Compare Renters Insurance Quotes for 2024
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LendingTree is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). LendingTree does not include all lenders, savings products, or loan options available in the marketplace.

Best Renters Insurance in Texas (2024)

Published on:
Content was accurate at the time of publication.


Amica is the best renters insurance company in Texas.

  • Lemonade charges the cheapest renters insurance rates in the state.
  • Assurant has the best coverage options.
  • Progressive offers the best discounts.

Find the Cheapest Renters Insurance Quotes in Texas

Lemonade is the cheapest renters insurance company in Texas, charging $14 a month, on average.

Amica is close behind, with an average rate of $16 a month, according to our data.

Allstate and State Farm also offer affordable renters insurance that’s cheaper than the state average rate of $20 a month.

CompanyMonthly rateAnnual rate
Lemonade$14$168
Amica$16$192
Allstate$18$216
State Farm$18$216
State average$20$240
Progressive$24$288
Farmers$24$288
Assurant$25$300

To find the best and cheapest insurance for your rental home, compare renters insurance quotes from several companies before you buy or renew a policy.

Amica is our pick for best renters insurance company in Texas, but three other companies are also worth a look depending on your needs.

Lemonade charges low rates, while Progressive offers great discounts and Assurant has many coverage options.

Best overall company: Amica

Amica doesn’t have the cheapest renters insurance in Texas, but its rates are still pretty low.

At $16 a month, Amica’s average rate is only $2 a month more than that of the state’s cheapest company, Lemonade.

Along with affordable rates, Amica offers more renters insurance discounts and add-on coverage options than almost all of the other companies we surveyed in Texas.

ProsCons
Second-lowest renters insurance rates in Texas. Not rated by J.D. Power, so customer satisfaction is a question mark.
Offers more discounts and coverage options than most other companies.

Best for cheap rates: Lemonade

Lemonade is the best company for cheap renters insurance in Texas, with rates that average $14 a month.

This is 13% lower than the next-cheapest company, Amica. And it’s 30% cheaper than the state average renters insurance rate of $20 a month.

Lemonade also stands out for having the highest J.D. Power customer satisfaction rating of the Texas renters insurance companies we surveyed.

ProsCons
Cheapest renters insurance rates in Texas. Doesn’t offer many coverage options.
Highest customer satisfaction rating of companies surveyed. Few discounts.

Best discounts: Progressive

Progressive’s average renters insurance rate in Texas is $10 a month more than the state’s cheapest company, Lemonade.

You may be able to make Progressive’s rate a lot cheaper if you qualify for one or more of its many discounts, though.

Progressive customers can get renters insurance discounts if they:

  • Bundle an auto, motorcycle, boat or RV policy with your renters coverage
  • Get a quote from Progressive at least three days before your policy starts
  • Live in a gated or secured community
  • Pay for their policy up front and in full
  • Receive bills and policy info electronically

ProsCons
Offers more discounts than any other company we surveyed in the state. Customer satisfaction rating is worse than the average.
Average rate is higher than most competitors, but is still affordable. Only offers a few add-on coverages.

Best coverage options: Assurant

Assurant is the best renters insurance company in Texas for coverage options.

It offers more add-on coverages than any other company we surveyed in the state, and also offers some nice standard coverages.

You can add these optional coverages when you buy a renters insurance policy from Assurant:

  • Scheduled personal property
  • Rent protection
  • Water sewer backup
  • Pet damage
  • Earthquake
  • Identity fraud expense

Assurant’s standard renters insurance policy covers possessions that dry rot, fungi or mold damage or destroy. Depending on where you live, it may also cover bed bugs, food spoilage and added living expenses tied to flooding.

ProsCons
Offers more add-on coverages than any other company we surveyed. Average renters insurance rate is higher than any other company we reviewed.
Even a standard policy provides broad coverage. Not rated by J.D. Power, so customer satisfaction is unknown.

Find the Cheapest Renters Insurance Quotes in Texas

The average cost of renters insurance in Texas is $20 a month, or $240 a year.

The exact amount you pay for Texas renters insurance may be more or less than the state average because of things like:

  • Types and amounts of coverage you buy
  • Deductible you choose
  • Value of your belongings
  • Where you live in the state

Texas renters insurance cost by city

Renters in Austin and Plano pay the cheapest renters insurance rates among Texas’ largest cities. The average cost of renters coverage in both cities is $17 a month.

Houston is the most expensive city in Texas for renters insurance. Its average rate is $25 a month. That’s 47% higher than the average in Plano or Austin.

CityMonthly rateAnnual rate
Arlington$20$240
Austin$17$204
Corpus Christi$23$276
Dallas$20$240
El Paso$18$216
Fort Worth$21$252
Houston$25$300
Lubbock$20$240
Plano$17$204
San Antonio$23$276

Texas renters insurance usually covers your additional living expenses, personal liability and personal property.

Additional living expenses

Also called loss of use coverage, this can help pay some of the extra expenses that come up if your rental home is damaged and you need to relocate for a while. It can cover:

  • Higher food, laundry and transportation bills
  • Hotel costs
  • Moving fees
  • Pet boarding
  • Storage rental

Personal liability

This coverage can protect you if someone is injured or their belongings are damaged while visiting your home. This can include legal fees and court costs.

Personal property

The personal property portion of a renters insurance policy covers all of your belongings or possessions. This may include:

  • Artwork
  • Clothing
  • Jewelry
  • Electronics
  • Furniture

If events like fire, lightning, theft or vandalism damage or destroy any of these things, your policy will pay to repair or replace them.

You only need to buy renters insurance in Texas if your landlord requires it.

Landlords can require renters insurance as part of a rental or lease agreement in Texas and in most other states.

Buying renters insurance is a good idea even if your landlord doesn’t require it.

  • It protects you against liability claims if you damage the building or if someone is injured while visiting your home.
  • It covers your possessions – including clothing, electronics and furniture – from damage or destruction. Your landlord’s insurance policy won’t cover these items.

The average cost of renters insurance in Texas is $20 a month, or $240 a year.

You might pay more or less than this amount based on things like where you live and how much stuff you own and want to protect.

Lemonade has Texas’ cheapest renters insurance, charging an average rate of $14 a month, or $168 a year.

You should buy enough renters insurance to at least protect your personal belongings and assets.

To decide how much renters insurance coverage you need to protect your belongings, create an inventory that includes the estimated value of each item.

To calculate how much coverage you need to protect your assets, add up the value of your possessions (including big ones like your car), your savings and even things like retirement accounts.

Methodology

LendingTree collected thousands of renters insurance quotes from the largest insurance companies in each state, based on data availability.

We used thousands of renters insurance quotes from across the U.S. for a 30-year-old single woman who has no recent renters insurance claims. Your rates may vary. Coverage limits include:

  • Personal property coverage: $20,000
  • Deductible: $500
  • Personal liability: $100,000
  • Guest medical protection: $1,000
  • Loss of use: $9,000

Overall satisfaction ratings were obtained from J.D. Power’s 2023 U.S. Home Insurance Study. The agency’s scores are based on customer surveys that rate insurance companies on factors like price, policy offerings and claims.