Who Has the Cheapest Renters Insurance Quotes in Washington?

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Ryan Friend

September 11, 2019  •  5 min read

The corner of the country perhaps experiencing the most growth, it’s an exciting time to live in Washington state, and whether you’re moving there soon or have lived there all your life, apartment living is a must for many people. Yet Washington residents also know that they have problems and risks both common and uncommon to contend with, and we want you to consider renters insurance as part of your protection plan. It’s easy to get, it’s effective, and it’s cheap in the state of Washington.

Here are the five cheapest renters insurance providers operating in Washington:

The Five Cheapest Quotes:

Washington being as diverse in living situations as it is, you might find that your experience and price might vary a bit from the general impressions and averages listed below. We ask that you take this writing as a guide and not a precise prediction.

The number listed next to each provider is the average annual rate for a standard policy.

1) State Farm: $175

State Farm is a mainstay in the insurance industry, and that fact does not change when you cross the Washington border. While they aren’t necessarily outstanding outside of the low annual rate they can offer you, State Farm is a perfectly fine choice for the average renter who doesn’t have too much in their place and doesn’t, for example, have a large jewelry collection.

There are a few problems with State Farm, and they mostly revolve around customer service issues. Also, State Farm’s flood insurance is lacking (often completely), so people on the coast might want to keep this in mind.

You can expect the following working with State Farm:

  • A loss-of-use plan in your policy that almost nothing in the state of Washington can beat.
  • Some limited ability to modify your coverage levels.
  • A customizable onboarding and signup process, making things easier for you.

2) Allstate: $179 

Only a tiny bit more expensive than State Farm, Allstate is another option that can give you a cheap and effective plan that will be more than enough for most people. The main difference is that Allstate has excellent policies available for water damage and flooding issues, so people living in potentially affected areas will want to start their search here.

Most of the major differences end there, as Allstate also has notable customer service complaints against it, and you might not always get to talk to a great representative. And in line with their more basic platform, there aren’t so many customization options as you’d get with a company further down this list.

You can expect the following working with Allstate:

  • Competitive bundling options.
  • Online claims options, tools, and services that will serve you well.
  • Optional coverages such as identity theft restoration, additional business property coverage, and water damage coverage.

3) Nationwide: $195

Nationwide is an excellent choice for people who want more options and potentially better coverage for their apartment and are willing to pay an extra $20 a year to get it. Nationwide, alongside providing quality coverage and having few marks against it in other areas, allows you to customize your level of coverage for certain groups of items, and this is on top of a customizable deductible. Nationwide can help you remove waste from the insurance equation.

As always, you will need to read the fine print, as their level of default coverage might not meet your standards for a few categories. Additionally, Nationwide can get prohibitively expensive in some areas, so don’t feel obligated to sign any paperwork just because you asked for a quote.

You can expect the following working with Nationwide:

  • An optional free annual assessment of your policy, helping you get the cheapest and most effective policy each year.
  • Optional coverages such as additional valuables coverage, theft extension, water and sewage backup damage, and earthquake protection.
  • Coverage that will extend beyond your apartment to protect your possessions.

4) Farmers: $205

In an industry rife with poor customer service, Farmers is able to offer something different for only a bit more money. And that convenience might be worth your consideration on top of the customization options which almost mirror Nationwide’s. Farmers won’t be for everyone, and there might be better choices for those looking for a simple policy, but a look is worth it if you think you can get a discount or a bundle with Farmers.

There a few negatives, but the process has gotten complicated for some people, forcing people to spend more time on getting a policy than they would like. And as always, check to see if the coverage levels match what you need for your property.

You can expect the following working with Farmers:

  • Customization options such as added-on pet damage protection, identity theft protection, improved liability coverage, and personal article floaters.
  • Potential discounts based on your profession.
  • The ability to modify your deductible and also your coverage levels based on your perceived level of risk.

5) Liberty Mutual: $500

Liberty Mutual is a company that for most people we cannot recommend in good faith for the simple reason that it costs nearly two and a half times as much on average as Farmers. Yet if price isn’t that much of a concern for you, then you will be happy to know that Liberty Mutual is a reliable company when it comes to coverage, and you won’t find yourself lacking in any department.

And if you think you might be able to lower your rate through bundling, you might be right, but you also might find yourself walking into the trap of subpar coverage and service in those other departments. Be careful when searching for other insurance products.

You can expect the following working with Liberty Mutual:

  • The ability to get a discount through one of their partnerships.
  • Optional coverages available, including plans for identity theft, jewelry, electronics, high-value items, water damage, and more.
  • Plenty of different coverages included in your plan.


Washington state is growing like perhaps no other place in the country, and we don’t want you to experience a major setback should something happen to your possessions or even your entire apartment. Given the cost of living in some areas, the economic ground might be too tough to bounce back on your own. We hope that you give each of the above options your careful consideration, and remind you that there is no best option but instead only the best option for you. We wish you luck in your search and hope you find a good match soon.