Best Renters Insurance Virginia
Advertiser Disclosure: Our content is free because we are supported by advertisers. If you click on links in this post, we may earn a commission.
Location is the #1 factor in determining the cost of your renter’s insurance.
So it makes a lot of sense for you to search Best Renters Insurance Virginia if you need a policy.
However, a Virginia Renters Insurance search can take a lot of time and leave you frustrated with unanswered questions.
But, it doesn’t have to be that way.
Finding cheap VA Renters Insurance can be a simple process that can be completed online today in just a few minutes.
We’ll review everything you need to know about the cost and coverage's and where to get the best Renters Insurance in Virginia online.
Update: 2021 Virginia Renters Insurance Review
Renters in Virginia do not need to purchase renter’s insurance unless their landlords mandate it in the lease. Despite having their property insurance for the building, landlords can request that their tenants have personal property insurance to cover the items in the apartment.
Without renter’s insurance, tenants do not have coverage for their furniture and other items if an accident happens in the apartment. Renters can also get liability coverage as well as added expense coverage if their apartment becomes damaged and they cannot live in it. Paying for hotel rooms can be expensive without added expenses insurance.
What Factors Determine A Virginia Renters Insurance Rate?
Insurance rates vary for each person and property. Insurance companies in Virginia look at several determining factors before setting rates for renter’s insurance. They evaluate the property’s location along with the crime rate in the area. They also look at the contents of your apartment so you have coverage for your electronics and large furniture items.
Insurance companies also look at credit scores and insurance claim histories. They often lower rates to people who have high credit scores and limited insurance claims. They also allow renters in Virginia to make monthly payments if they prove to be creditworthy.
Can A Landlord In Virginia Require Renters Insurance?
It doesn’t matter if you live in Virginia Beach, Richmond, or Norfolk, landlords can be a pain.
A question we are often asked by soon to be tenants, is, ‘Can a landlord in Virginia require renters insurance?’
The simple answer is Yes.
If VA renters insurance is included as a requirement in your lease, you must comply with those terms and buy rental coverage.
This isn’t necessarily a VA thing because the answer to, ‘Is renters insurance required in Virginia?’ It is the exact opposite.
No, Virginia does not require renters insurance, but with 12% of people in Virginia renting, it makes a lot of sense to protect your self and your stuff.
A good place to start would be by determining What Is Renters Insurance And Why Do I Need It.
FREE Renters Insurance Quotes - VA - Cities
Location is the biggest factor in determining the cost of your renters insurance. You can save money by getting a quote from an insurance company near you.
Select Your City Below
What Is The Best Renters Insurance In Virginia?
It is estimated that the State of Virginia has over 1,018,251 renters, and every one of them should be looking for the best renters insurance in VA.
VA has the best renters insurance options offered by multiple, well known, and respected insurance companies.
It doesn’t matter if you are in Virginia Beach or Richmond to get the best VA renters insurance you will want to get the right coverage.
Several factors go into finding the best renters insurance in Virginia that will affect your policy.
Your past insurance history, desired coverage amounts, the location of the rental, and this one may come as a bit of a surprise, but your credit score may also be considered.
You can learn more about the process in our article, How To Get Renters Insurance.
Which Companies Offer Renters Insurance In Virginia?
Best Renters Insurance Company Reviews
What Does Renters Insurance Cover In Virginia
Many VA residents in Arlington and Alexandria mistakenly believe that their Landlord’s insurance protects their personal items.
This is not the case and is the reason you need to know, ‘What does renters insurance cover in Virginia.’
VA Renters Insurance covers personal loss due to fire, theft, or vandalism.
A Virginia Renters Insurance policy will also cover your liability if a guest is injured on-premises or you damage the Landlord’s property.
A Renters Insurance Virginia policy does not cover your personal possessions that may break by accident or normal wear or tear.
Get a much more complete answer to in our article, What Does Renters Insurance Cover.
Coverage Type | What It Should Cover... |
|---|---|
Personal Property | This coverage is for your personal stuff, clothes, electronics, furniture, etc. Should cover up to policy limits. |
Liability | This will cover you if you accidentally damage your Landlords property or a guest is injured and it is your fault. |
Additional Living Expenses | If your place is damaged so bad you can't stay, you will be reimbursed for things like hotel bills. |
Recommended Amount Of Renters Insurance In Virginia?
It is difficult to recommend the amount of Virginia renters insurance you may need.
This is because the factors that go into deciding on your coverage amounts are particular to each individual.
Location plays a significant factor in the recommended amount of renters insurance in Virginia.
This is because if you live in Virginia Beach, Richmond, or Norfolk, you may need more or less based on the value of the property you are renting.
The bottom line is you should probably buy as much insurance as you can comfortably afford based on the value of your personal possessions.
We get a lot more in-depth in helping you make this decision in our article How Much Renters Insurance Do I Need.
How Much Is Renters Insurance In Virginia
The cost of renters insurance in VA depends primarily on your coverage's and the location of your rental.
Answering the question of, ‘How much is renters insurance in Virginia’ would be difficult without knowing your personal situation and preferences.
However, renters insurance Virginia costs on an average annual basis of $152.00.
The average cost of renters insurance in Virginia monthly is $12.67, which is very affordable.
Keep in mind to determine how much is renters insurance in VA your rental location could make these average costs much higher or lower.
Renters Insurance Starting at $5/month
No brokers, no paperwork, get a policy in seconds. Zero Hassle, zero paperwork, zero worry. Join now! Starting at $5/month.
It's free to apply!
Cheapest Renters Insurance VA
It would help if you didn’t live in places like Virginia Beach, Richmond, and Alexandria to get the cheapest renters insurance in Virginia.
Location plays a huge role if you want to get cheap renters insurance VA.
That means places like Norfolk and Arlington may be cheaper because the property values should be less.
Two other factors will help you get the cheap renter’s insurance Virginia, which includes your insurance claim history and your credit score.
If you are living in a relatively cheap property with no rental claims and a good credit score, expect the cheapest renters insurance in VA.