Cheapest & Best Renters Insurance In Jacksonville 2025

Nationwide offers the most affordable renters insurance in Jacksonville, FL, with an average cost of around $9 per month. If you prefer strong local agent support and bundle discounts, State Farm is a solid alternative, though its average premium is slightly higher at about $15 per month.

With over 26,000 property crimes reported each year in Jacksonville—impacting roughly 26 out of every 1,000 residents—renters insurance is a wise investment. It helps safeguard your belongings against theft and natural disasters while providing financial protection and peace of mind.

Cheapest Renters Insurance Companies In Jacksonville

If you need budget-friendly renters insurance in Jacksonville, Nationwide offers the most affordable rates, averaging about $9 per month. To help you compare options, the table below lists the five most cost-effective providers.

Best Renters Insurance Companies In Jacksonville

Nationwide is a great choice for renters in Jacksonville looking for low-cost insurance. However, the cheapest option isn’t always the best when it comes to coverage and service. In my opinion, State Farm stands out as the top overall provider, offering strong customer support and valuable bundling discounts—especially since they also have some of the lowest auto insurance rates in the area. The only downside is that you’ll need to work with an agent to purchase a policy, unlike insurers like Lemonade, where you can get coverage online instantly.

Average Cost Of Renters Insurance In Jacksonville

Renters in Jacksonville generally pay about $20 per month or $240 per year for insurance. However, your actual rate may vary based on factors such as coverage limits, location, deductible, and the insurer’s pricing structure. The table below compares average rates from five top providers in the city.

Average Cost By Deductible

A deductible is an amount you’re responsible for paying before your renters insurance kicks in to cover a claim. Choosing a higher deductible can lower your monthly premium, while a lower deductible typically leads to higher monthly costs. The table below illustrates how renters insurance rates in Jacksonville change based on different deductible options.

Factors That Impact Renters Insurance Costs In Jacksonville

Several factors influence the cost of renters insurance in Jacksonville:

Claim History: If you’ve filed multiple claims, insurers may see you as a higher-risk policyholder, which can result in higher premiums.

Deductible Amount: A higher deductible lowers your monthly premium, while a lower deductible increases costs since the insurer takes on more risk.

Location: Neighborhoods with higher crime rates or greater exposure to natural disasters, like hurricanes and storms, often have higher premiums.

Coverage Limits: Policies with broader coverage or add-ons like replacement cost coverage and identity theft protection generally come with higher premiums.

Home Safety Features: Installing security systems, smoke detectors, or sprinkler systems can lower risks and may qualify you for discounts.

Credit Score: Many insurers consider credit scores, with lower scores typically leading to higher insurance costs.

What Does Renters Insurance Cover In Jacksonville?

Renters insurance offers crucial financial protection by covering various risks. Most policies typically include these key coverages:

Personal Property Protection

Covers your belongings, such as furniture, electronics, and clothing, against risks like theft, fire, and some types of water damage (excluding floods).

Liability Coverage

It helps pay for legal fees and medical expenses if you’re responsible for injuring someone or damaging their property.

Medical Payments to Others

Provides limited coverage, usually between $1,000 and $2,000, to help cover medical expenses if a guest is injured in your rental, regardless of fault.

Additional Living Expenses (ALE)

Pays for temporary housing, meals, and other essential costs if a covered event forces you to move out of your rental.

What Does Renters Insurance Not Cover In Jacksonville?

While renters insurance offers important protection, it also comes with exclusions and limitations. Here are some common risks that standard policies typically don’t cover:

Flooding

Standard renters insurance policies don’t include coverage for flood damage. Since Jacksonville is at risk for flooding, you may need to purchase separate flood insurance or add-on coverage for protection.

Earthquakes

Damage caused by earthquakes is usually excluded, so you’ll need a separate policy for protection.

High-Value Belongings Over Policy Limits

Expensive items like jewelry, artwork, or collectibles may exceed standard coverage limits. A policy rider can provide extra protection.

Business-Related Losses

If you run a business from home, renters insurance won’t cover business equipment or liabilities unless you have specific business coverage.

Intentional Damage

Any damage caused deliberately by you or someone in your household isn’t covered.

Car Theft or Damage

Personal vehicles aren’t covered under renters insurance; you’ll need auto insurance for that.

Pest Infestations

Issues caused by bedbugs, termites, or rodents are considered maintenance problems and aren’t covered.

How Much Should Students Pay For Renters Insurance In Jacksonville?

Students in Jacksonville generally pay between $20 and $30 per month for renters insurance, though the exact cost depends on factors like coverage needs, location, and optional add-ons.

Off-campus students often face higher premiums due to larger living spaces and increased risk exposure, whereas those in dorms typically pay less since shared housing is more affordable to insure.

When choosing a policy, it’s important to evaluate the value of your belongings. While standard renters insurance covers most items, students with costly electronics or other high-value possessions may need extra coverage. Many insurers also provide discounts for bundling renters and auto insurance, helping students save on overall costs.

How Much Renters Insurance Do I Need In Jacksonville?

Choosing the right renters insurance in Jacksonville starts with evaluating the value of your belongings. Most policies cover between $20,000 and $40,000, which works for many renters. However, if you own high-end electronics, luxury furniture, or valuable jewelry, additional coverage may be necessary.

Liability protection is another key consideration. Standard policies usually include $100,000 in liability coverage to help with legal or medical expenses if someone gets injured in your rental. Increasing this limit can provide greater financial security.

Your deductible also impacts your premium. A higher deductible lowers your monthly payment but means you’ll pay more out of pocket when filing a claim.

Lastly, consider Additional Living Expenses (ALE) coverage. If a covered event forces you to relocate, ALE helps with temporary housing and essential costs while you find a new place.

Can Landlords In Florida Require Renters Insurance?

Renters insurance isn’t legally required in Florida, but many landlords make it a condition of the lease. This benefits both parties—tenants gain protection for their belongings, while landlords reduce liability risks.

If your lease includes this requirement, you may need to provide a policy declaration page or a certificate of insurance. Some landlords also set minimum coverage limits, often requiring at least $100,000 in liability protection. Failing to meet these requirements could result in penalties or even lease termination.

Even if renters insurance isn’t mandatory, having a policy is a wise decision—especially in Jacksonville, where property crime rates are high and natural disasters like floods, tornadoes, and storms are common. A policy not only safeguards your belongings but also provides financial protection against unexpected liability claims.

Bundle Renters With Auto Insurance

Bundling renters and auto insurance is an effective way to save money, as many insurers provide discounts for combining policies. Renters can typically reduce their premiums by 2% to 3% while also enjoying perks like improved customer service and loyalty benefits. State Farm offers the best bundling rates in Jacksonville.

This option is especially useful for renters who already have auto insurance. Keeping both policies with the same provider simplifies billing, streamlines account management and may come with extras like flexible payment plans or increased coverage limits.

However, it’s important to compare different insurers before bundling. While combining policies often leads to savings, ensure that both provide the coverage you need at a competitive price before making a decision.

Common Causes Of Loss In Florida

Renters in Florida frequently file claims for fire, theft, storms, floods, and tornadoes. Understanding these risks can help tenants choose a policy that offers the right level of protection for their belongings and finances.

Theft

Jacksonville reports over 26,000 property crimes each year, with more than 230,000 cases statewide. Renters insurance covers stolen belongings and may provide liability protection if someone is injured during a break-in. However, it does not cover damage to vehicles or the rental unit itself.

Floods

Jacksonville is prone to flooding, but standard renters insurance does not include flood-related damage. Purchasing separate flood insurance is recommended for full protection.

Water Damage

Leaks from burst pipes, plumbing failures, or roof damage can lead to expensive repairs. Standard renters insurance covers these types of water damage, but flood-related damage requires separate coverage.

Fire

Fires, particularly in apartment complexes, can spread quickly and cause significant losses. Renters insurance helps replace personal belongings damaged by fire.

Hurricanes and Tropical Storms

Florida experiences frequent hurricanes and tropical storms, especially from mid-August to late October. While standard renters insurance typically covers hurricane-related damage, additional coverage may be needed for full protection.

Other Covered Losses

Many policies also offer protection against vandalism, accidental damage, and certain natural disasters, providing additional financial security.

By considering these risks, renters can select a policy that ensures comprehensive coverage for their specific needs.