Many or all companies we feature compensate us. Compensation and editorial research influence how products appear on a page. Insurance Renters Insurance Best Renters Insurance in San Diego Updated Jun 28, 2023 4-min read Written by Aly Yale Written by Aly Yale Expertise: Home equity, mortgages, real estate Aly Yale is a freelance writer with more than a decade of experience covering real estate and personal finance topics. Learn more about Aly Yale Renters insurance can protect you if your belongings are stolen, vandalized, or damaged in a fire, flood, or another disaster. It can also cover medical bills if someone’s hurt on your property and provide for temporary living expenses if your rental is no longer inhabitable for some reason that’s out of your control. In San Diego, the options for renters insurance run the gamut. This guide can help determine which one is best for you. On this page: 4 best renters insurance companies in San DiegoComparing costs of San Diego renters insuranceIs renters insurance required in San Diego?Is getting renters insurance in San Diego a good idea? 4 best renters insurance options for San Diego If you opt for renters insurance in California, secure several quotes to ensure you get the best coverage at the best rate. The four renters insurance companies listed below are a solid starting point. Best for cheap coverage & fast signup: Lemonade View Rates Sample Quote: $6.57Sample Deductibles: $250, $500, $1,000, or $2,500A.M. Best Rating: Not rated Lemonade is an insurance company that offers renters insurance and homeowners insurance. Its basic renters insurance plans start at $5 per month, and you can add on additional coverage options for high-value items like bikes, artwork, musical instruments, and more. One of the biggest perks of Lemonade is that it uses artificial intelligence to speed up the applications and claims processes. Reimbursement type: Actual cash valueSample maximum liability coverage: $500,000Policy discounts: N/AAvailable add-ons: Art, bikes, cameras, instruments, jewelry, earthquake coverage Best for comprehensive coverage: Nationwide View Rates Sample Quote: $20.34Sample Deductibles: $500 – $10,000A.M. Best Rating: A+ Nationwide’s renters insurance policies are fully customizable, offering up to $1 million in liability coverage, as well as additional coverage for medical payments. There are also several add-on options, including coverage for tools, identify theft, water backups, and more. The company is highly rated by major ratings companies like Moody’s and AM Best. Reimbursement type: Actual value or replacement costSample maximum liability coverage: $1 millionPolicy discounts: Claims-free periods, multi-policy, protective devicesAvailable add-ons: High-value items, earthquake coverage, theft extension, water backup Best for discounts: Allstate View Rates Sample Quote: $17Sample Deductibles: $250, $500, or $1,000A.M. Best Rating: A+ If you’re on the hunt for discounts, Allstate’s renters policies are your best bet. The company offers a wide variety of discounts, including ones for having various safety devices, being 55 or older, staying claim-free, and more. The company also reimburses you for the replacement value of your belongings (most insurers charge extra for this). Reimbursement type: Replacement costSample maximum liability coverage: $500,000Policy discounts: Multi-policy, safety devices, autopay, 55 and older, claim-free periodsAvailable add-ons: Identity theft, guest medical coverage Best customer reviews: The Hartford View Rates Sample Quote: Not availableSample Deductibles: $500 – $10,000A.M. Best Rating: A+ For seniors, The Hartford can be a good option for renters insurance. A number of discounts are available, and depreciation isn’t considered when replacing your damaged belongings. The company also boasts stellar reviews, with the official website claiming a 4.7 out of 5 rating on more than 16,000 reviews. Since The Hartford requires an AARP membership to be eligible, we were unable to obtain a sample renters insurance quote for this one. Reimbursement type: Actual value or replacement costSample Maximum liability coverage: $500,000Policy discounts: 24-hour security, policy renewal, bundled policiesAvailable add-ons: Zero deductible, high-value items, earthquake coverage, water backup Comparing costs of San Diego renters insurance For the above quotes, we used a sample scenario involving a rental unit in the 92020 ZIP code. Personal property was covered up to $20,000, with $100,000 in liability. A $500 deductible was chosen in each case. See below for a full breakdown of how costs measured up for each company. CompanyMonthly CostLemonade$6.59Nationwide$20.34Allstate$17The HartfordNot available Is renters insurance required in San Diego? Renters insurance isn’t legally required in the city (or the state of California), but individual landlords may require it. Check your lease or talk to your landlord to see if you’ll need it for your property. Is getting renters insurance in San Diego a good idea? Renters insurance can be smart for any tenant, but in San Diego, it’s even wiser. The city often experiences adverse weather events like earthquakes and landslides. In fact, according to a study from the Earthquake Engineering Research Institute, there’s an 18% chance of a 6.7 magnitude or higher earthquake sometime in the next 30 years. Fortunately, renters insurance isn’t expensive to secure. As you can see from the sample quotes above, it just takes a small monthly investment to ensure your belongings and personal property are protected. If you want to compare additional options from those mentioned above, you can check out our picks for the best renters insurance.