Cheapest & Best Renters Insurance In Jacksonville 2025
Nationwide provides the most budget-friendly renters insurance in Jacksonville, FL, with an average cost of about $9 per month. However, State Farm is regarded as the best overall provider in the area.
We’ve saved shoppers an average of $200 per year on their renters insurance.
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.
| Company | Average Monthly Cost |
| Citizens | $13 |
| Nationwide | $9 |
| Allstate | $12 |
| State Farm | $15 |
| Security First | $11 |
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.
| Company | Average Monthly Cost |
| State Farm | $15 |
| Assurant | $24 |
| Lemonade | $20 |
| Castle Key | $16 |
| Allstate | $12 |
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.
| Company | Average Monthly Cost |
| Castle Key | $18 |
| Assurant | $27 |
| Nationwide | $13 |
| Lemonade | $22 |
| State Farm | $ 19 |
Average Cost Of Renters Insurance In Jacksonville 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.
| Deductible Amount | Average Monthly Cost |
| $250 | $20 |
| $500 | $19 |
| $1,000 | $17 |
| $1,500 | $16 |
| $2,000 | $13 |
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.
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.
Our Methodology
To evaluate renters insurance providers, we examined key factors such as pricing, coverage options, claims processing, and customer service. Our research involved collecting quotes from multiple insurers in Jacksonville for standard policies that include $20,000 in personal property coverage and $100,000 in liability protection.
We also considered deductible options, coverage for specific risks like floods and earthquakes, and discounts for bundling renters and auto insurance. Customer satisfaction played a crucial role, with ratings from J.D. Power and Consumer Reports helping us identify insurers known for reliable service and smooth claims handling.
Additionally, we took into account Jacksonville-specific risks, such as theft and water damage, which influence coverage needs. By analyzing these factors, our guide provides a well-rounded comparison of renters insurance options in Florida.
Quotes Analyzed
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About Bob Phillips
