Written by.
Sarah Horvath.
Sarah Horvath. is one of the home service industry’s most accomplished writers. Her specialties include writing about home warranties, insurance, home improvement and household finances. You can find her writing published through distributors like HouseMethod, Architectural Digest, Good Housekeeping and more. When not writing, she enjoys spending time in her home in Orlando with her fiance and parrot.
Edited by.
Tori Addison.
Tori Addison. is an editor who has worked in the digital marketing industry for over five years. Her experience includes communications and marketing work in the nonprofit, governmental and academic sectors. A journalist by trade, she started her career covering politics and news in New York’s Hudson Valley. Her work included coverage of local and state budgets, federal financial regulations and health care legislation.
There are several companies to choose from when deciding on the right renters insurance in Tennessee, whether you’re downsizing into a rental or moving into your first apartment, in order to provide an important layer of legal liability and protect your personal belongings.
In order to make comparisons and distinctions, we incorporated our preferred selections and evaluated each corporation according to its pricing, coverage, and standing. After conducting research and assessments on the leading renters insurance companies at the Guides Home Team, we formulated a compilation of the finest policy alternatives available in Tennessee.
State Farm, the most affordable choice for renters insurance in Tennessee, has an average cost of $155 per year. The yearly state average of $189 is 18% higher than this.
| Provider | Our Rating | Average Annual Premium* | J.D. Power Score |
|---|---|---|---|
| Lemonade | 4.3 stars | $215 | 853 |
| Geico | 4.7 stars | Not available | Not rated |
| Allstate | 4.9 stars | $192 | 837 |
| State Farm | 4.7 stars | $155 | 836 |
| Nationwide | 4.6 stars | Not available | 859 |
The cost of your personal property needs and coverage may vary depending on the location of your one-bedroom apartment with a single occupant in Nashville, Tennessee. We have obtained sample quotes from Services Information Quadrant to provide you with an estimate.
After thorough investigation, we have identified the subsequent companies as the top renters insurance providers in Tennessee.
What Are the Common Causes of Renters Insurance Claims in Tennessee?
According to Lemonade, the most common reasons for insurance claims in Tennessee for renters insurance are weather-related damage, flooding, and theft. Understanding these common claims in your area can help you know how your pricing can affect each insurance company’s coverage.
Theft and Vandalism
If you live in an area with higher rates of property crimes, you are more likely to pay more for insurance coverage, as insurance companies commonly see property loss claims as more common in areas where there is a higher likelihood of fire or police incidents nearby.
Flooding and Water Damage
Weather-Related Damage
Tennessee can see severe weather events ranging from thunderstorms to tornadoes. A renters insurance policy covers damage to your personal property if any belongings are damaged due to certain weather events, like windstorms and hail. However, it will not cover structural damage to the property itself.
If you are displaced due to events such as fires or storms, your policy may also provide coverage for additional living expenses, as well as medical payment coverage in case someone gets injured in your home.
What Factors Affect Renters Insurance Rates in Tennessee?
Some of the key elements that will impact the cost you incur for renters insurance in Tennessee comprise the following:.
It can be helpful to get a quote from multiple providers to see which one offers the best coverage before selecting a policy. It’s also important to review policies in depth, including any exclusions, to ensure you have adequate protection for your belongings.
Nationwide Renters Insurance
Nationwide consistently showcases its high overall customer satisfaction by basing its rankings on thousands of renter responses. The company has an impressive overall customer satisfaction score of 859, as well as an A+ rating with both J.D. Power and the Better Business Bureau.
Nationwide offers fast and convenient quotes through online, telephone, or face-to-face channels. The distinct characteristics of its policies distinguish the company, despite being pricier compared to other companies on this roster. As an illustration, Nationwide’s policies encompass not only standard renters insurance coverage but also safeguard against credit card or bank fraud.
Costs and Coverage Options
While it is a decent option overall, if price holds significant importance, Nationwide is unlikely to be your top preference due to its exceptional customer experience ratings and advanced policy offerings.
We were unable to acquire sample pricing online as the company mandates that you communicate with a customer service representative for quotes on renters insurance. However, you can assess the discounts and endorsements provided below.
To find out more: Comprehensive assessment of Nationwide insurance
Geico Renters Insurance
Geico offers a unique set of tools like a mobile scanner app and a personal property calculator to help you select the right amount of coverage. The company also offers customizable policies that allow you to choose your own deductible, giving you the flexibility to decrease your premium or increase your coverage. Geico provides a renters’ policy option that suits the general needs of most renters, with affordable rates, multiple policy options, and easy-to-use features.
Geico is an ideal choice for people who already use another company for a different type of insurance, as it offers multi-policy discounts for those who bundle car and renters insurance, resulting in lower premiums paid in Tennessee.
Costs and Coverage Options
Online example quotes could not be obtained as Geico demands sensitive details such as your social security number. Nonetheless, the company states on its website that policies begin at a minimum of $12 per month. Gain further knowledge regarding accessible discounts and additional policy options.
Obtain your quote: Complete a Geico quote application.
To find out more: Geico insurance review.
Allstate Renters Insurance
Allstate, another insurance carrier, offers discounts to customers who bundle multiple policies. If you are a senior over the age of 55 and retired, Allstate also provides a 25% discount on renters insurance policies. Additionally, Allstate advertises a starting rate of $4 for coverage bundles, while the average cost of a policy in Tennessee is around $16.
In addition, Allstate is one of the most reputable insurers in the nation, offering a great option for seniors. It also provides an easy-to-use online platform for filing claims and obtaining quotes. If you are looking for additional coverage, especially if you have complex rental needs, Allstate has more riders than most competitors.
Costs and Coverage Options
Allstate’s renters insurance offers the option to include additional riders, in addition to other companies, however, their coverage is similar to that of standard renters policies. The cost of Allstate renters insurance for a one-bedroom apartment with a single occupant in Nashville, Tenn. Ranges from $16 to $30 per month, depending on the selected coverage, according to our sample quote.
To find out more: Review of Allstate renters insurance.
Lemonade Renters Insurance
Lemonade, a fully-online insurance provider with affordable pricing, is our preferred option for college students in Tennessee. The company’s capability to reduce business expenses by not maintaining physical stores and employing digital policies benefits both customers and charitable organizations, as Lemonade transfers those savings.
Lemonade, a renters insurance company, starts providing coverage in Tennessee at just $6 per month. It offers cheap and accessible plans online, without the complexity of most insurance companies in the market. Additionally, Lemonade allows customers to select an organization to donate to and also gives back a portion of the premiums paid to charity.
Costs and Coverage Options
Lemonade’s renters insurance ranges from $6 to $17.92 per month for a one-bedroom apartment with a single tenant in Nashville, Tenn., Depending on the coverage selected. Our sample quote indicates that Lemonade offers coverage options that span from the minimum limits to this range.
The company also provides the subsequent reductions and approvals:.
Obtain your quote: Complete a Lemonade quote form.
For further information, you can refer to the review of Lemon
State Farm Renters Insurance
If you are looking to save money with cheap renters insurance, State Farm offers competitive rates starting at $11 per month in Tennessee. State Farm, like many of its competitors, offers unique coverage for earthquake damage, medical expenses, and pet expenses for riders. They also provide comparable coverage to other top insurance providers, and offer discounts for bundling auto and renters policies.
If you prefer in-person experience, this insurance agency in Tennessee has numerous physical locations and knowledgeable agents throughout. State Farm, which has a wide network of insurance representatives, can also help you customize your policy either in person or online.
Costs and Coverage Options
Based on our sample quote, the average annual cost of renters insurance in Nashville, Tennessee for a single occupant in a one-bedroom apartment can range from $18 to $11 per month, depending on the coverage provided by State Farm’s Data Services Information Quadrant.
Besides your insurance premium, you can also include the subsequent discounts and endorsements:.
For further information: Review of State Farm’s renters insurance.
Do I Need Renters Insurance in Tennessee?
Some landlords in Tennessee may even refuse tenants who do not carry at least a certain level of renters insurance coverage, so it is commonplace for landlords to request proof of coverage as a term of your lease.
If you are unsure about the coverage for your rental unit or home, we encourage you to request pricing information – it only takes a few minutes to get a quote. Renters insurance in Tennessee costs around $15.75 per month on average, providing thousands of dollars in protection against liability, theft, and damage to personal property. It is a good idea to explore options for renters insurance, even if your landlord does not require it.
The Bottom Line
Choice could be better if providers like Nationwide or Farm State, which are more experienced providers, could be considered. But, it makes sense for renters in general to choose a convenient option like the digital structure and affordable coverage offered by the company. Overall, we recommend Lemonade as the top renters insurance provider in the Volunteer State. They can offer residents of Tennessee peace of mind and protection for their personal property.Output: If one is looking for better options, it may be preferable to consider more experienced providers such as Nationwide or Farm State. However, for most renters, the company’s digital infrastructure and cost-effective coverage make it a convenient choice. In general, we highly recommend Lemonade as the top renters insurance provider in Tennessee. Their policy can provide residents of the Volunteer State with peace of mind and safeguard their personal belongings.
Regardless of which insurance company you ultimately choose, make sure to obtain multiple quotes before making a commitment to a policy.
Obtain immediate quotes for renters insurance by inputting your ZIP code in the provided form.
Frequently Asked Questions About Tennessee Renters Insurance
Methodology: Our System for Ranking the Best Renters Insurance Companies
By conducting extensive research on the sector, we have identified the subsequent elements and proportions to assess the performance of every company:
We utilized these rating criteria to ascertain the top providers of renters insurance, aiding you in making an informed decision while evaluating policies. We consistently oversee and refresh data on a consistent basis to guarantee that the reviews accurately mirror the latest information and guidance.
Sarah Horvath. is one of the home service industry’s most accomplished writers. Her specialties include writing about home warranties, insurance, home improvement and household finances. You can find her writing published through distributors like HouseMethod, Architectural Digest, Good Housekeeping and more. When not writing, she enjoys spending time in her home in Orlando with her fiance and parrot.
Tori Addison. is an editor who has worked in the digital marketing industry for over five years. Her experience includes communications and marketing work in the nonprofit, governmental and academic sectors. A journalist by trade, she started her career covering politics and news in New York’s Hudson Valley. Her work included coverage of local and state budgets, federal financial regulations and health care legislation.