Who Has the Cheapest Renters Insurance Quotes in Dallas?
Amica has the best cheap renters insurance in Dallas, at $18 per month.
Compare Cheap Renters Insurance in Dallas
Best Cheap Renters Insurance in Dallas, TX
To help you find the best renters insurance in Dallas, ValuePenguin editors considered customer service reviews, coverage availability and cost. To find the average cost per company, our editors collected quotes from six of the largest renters insurance companies in Dallas, TX.
Cheapest renters insurance companies in Dallas
Amica is the cheapest renters insurance company in Dallas.
A policy from Amica costs around $18 per month, which is $7 per month less than the city average.
Compare Cheap Renters Insurance in Dallas
The average cost of renters insurance in Dallas is $25 per month. That's the same as the Texas state average.
Monthly renters insurance quotes in Dallas
There are many factors that affect the amount you pay for renters insurance.
This includes where you live, your age, your coverage needs and your insurance history. That's why it's important to compare quotes from multiple companies to find the cheapest rates for you.
Best Dallas renters insurance for most people: Amica
-
Editor's rating
- Cost: $18/mo
Amica offers the best combination of cheap rates and excellent customer service in Dallas.
-
Cheapest quotes in Dallas
-
Great customer service
-
Lots of discounts
-
Limited coverage options
Amica offers the most affordable renters insurance in Dallas, at $18 per month. That's $7 per month less than the Dallas average, and $4 per month less than the second-cheapest options, Lemonade and State Farm.
In addition, Amica has more renters insurance discounts than most other companies. You can save by:
- Bundling renters and auto insurance
- Signing up to get bills and policy documents via email
- Making automatic payments
- Switching to Amica after being insured with the same company for two years or longer
- Being claim-free for three years or more
Amica also has some of the best-rated customer service in Dallas.
It only gets one-third as many complaints as an average company its size, according to the National Association of Insurance Commissioners (NAIC). Amica also earned the top score on J.D. Power's claims satisfaction survey. That means you can count on Amica to help get your life back to normal quickly after an emergency.
Amica offers enough coverage for most renters. But it doesn't have as many options to expand your protection as some other companies.
Dallas renters can add identity theft protection, replacement cost coverage and protection for valuable items to your policy. However, it doesn't offer water backup coverage if backed-up pipes or a broken sump pump damages your stuff.
Best for bundling renters and auto insurance in Dallas: State Farm
-
Editor's rating
- Cost: $22/mo
State Farm offers affordable renters and car insurance in Dallas.
-
Affordable renters insurance
-
Cheap car insurance
-
Dependable customer service
-
Few discounts
State Farm is the best choice for Dallas renters looking to bundle their renters and car insurance policies with one company.
It offers very affordable renters insurance, at $22 per month. State Farm also has some of the cheapest car insurance rates in Texas. And, you can get a discount for buying both renters and auto insurance, which can help lower your insurance bill.
However, State Farm offers fewer discounts than most other renters insurance companies. Aside from bundling, the only way to save on a State Farm policy is to install a fire, smoke or burglar alarm system.
Texas renters are typically happy with the service they get at State Farm.
It earned a good score on J.D. Power's customer satisfaction survey. And State Farm gets much fewer complaints than an average company its size, according to the NAIC. That means State Farm does a good job taking care of its customers after a disaster.
Best renters insurance in Dallas for managing your policy online: Lemonade
-
Editor's rating
- Cost: $22/mo
Lemonade has the best online tools for Dallas renters.
-
Affordable quotes
-
Fast online quotes and claims
-
Mixed customer service ratings
-
Difficult to reach a person
Lemonade offers great online tools to help renters easily get a quote or manage their policy online.
Lemonade doesn't have local agents. However, renters can buy a policy or file a claim using its website or app in just a few minutes.
This is a great feature for most renters. But people who prefer to do things in person or over the phone should consider another company.
Lemonade's renters insurance rates are very affordable, at $22 per month. That's $3 per month less than the Dallas average. However, it's $4 per month more than the cheapest company, Amica.
Lemonade has mixed customer service reviews. That makes it hard to predict what your experience might be like if you have an emergency.
It earned a high score on J.D. Power's customer satisfaction survey. But Lemonade gets three and a half times more complaints than an average company its size, according to the NAIC. Most complaints are about its long claims process. Filing a simple claim using Lemonade's app may be easy. But larger, more complex claims could be more difficult.
How do renters insurance rates in Dallas compare to other Texas cities?
The average cost of renters insurance in Dallas is $25 per month. That's the same as the Texas average.
Dallas is much cheaper for renters insurance than the largest city in Texas, Houston, where rates average $32 per month. That's probably because Houston's location near the Gulf Coast makes it prone to tropical storm and hurricane damage.
Monthly renters insurance rates in Texas by city
City | Monthly rate |
|---|---|
| Amarillo | $21 |
| Arlington | $20 |
| Austin | $22 |
| Brownsville | $31 |
| Carrollton | $25 |
What type of renters insurance coverage do I need in Dallas?
Dallas renters need insurance to protect themselves against theft, fires and storm damage.
Dallas has much higher property crime rates than the state of Texas as a whole.
Basic renters insurance policies pay to replace stolen belongings. This includes things inside your home, like your tv, or outside your home, like your purse. With renters insurance, you won't have to worry about how you'll afford new things if you're robbed.
Dallas renters also need to protect themselves against fire damage. In 2022, the Dallas Fire department recorded more than $91 million of property damage.
Renters insurance typically covers both fire and smoke damage. Whether your rental home burns down or smoke from a kitchen fire destroys your furniture, your renters insurance company will help you replace your damaged belongings.
Texas is prone to all types of natural disasters, like flooding and tornadoes. Dallas isn't near the coast. But large hurricanes can still cause damage after making landfall, especially if they stall over Texas.
Renters insurance covers many types of natural disaster damage. This includes wind, lightning and hail from either tornadoes or tropical storms.
However, renters insurance doesn't protect against weather-related flooding. Flood insurance is the only way to protect your stuff against flood damage caused by rain or rising bodies of water.
If you live near Mountain Creek Lake, Lake Ray Hubbard or White Rock Lake, you may want to buy a separate flood insurance policy. Flood insurance is also a good idea if your rental home is in a low-lying area, or has a history of flood damage.
Frequently asked questions
What is the average cost of renters insurance in Dallas?
The average cost of renters insurance in Dallas is $25 per month. That's the same as the Texas state average. However, Amica offers rates around $18 per month for Dallas renters.
Who has the cheapest renters insurance in Dallas?
Amica has the cheapest renters insurance rates in Dallas at $18 per month, on average. That's $7 less per month than most Dallas renters pay.
Is renters insurance required in Dallas?
Renters insurance is only required if your landlord or property management company states that you need to buy a policy in your rental agreement. Most of the time, they'll ask to be named on the policy. That means your insurance company will notify them if you cancel your coverage.
Methodology
To find the best renters insurance companies in Dallas, ValuePenguin considered three main factors:
- Cost
- Coverage options
- Quality of customer service
Our editors found the average cost of renters insurance by gathering quotes from six of the largest insurance companies in Dallas that offer online quoting. Rates are for a 30-year-old single woman living alone, with no history of insurance claims and the following coverage limits:
- Personal property: $30,000
- Personal liability: $100,000
- Medical payments: $1,000
- Deductible: $500
To determine the best customer service, ValuePenguin considered information from three sources:
- The National Association of Insurance Commissioners (NAIC) Complaint Index assigns each company a score based on the number of complaints it receives relative to its size.
- The J.D. Power annual renters insurance customer satisfaction survey contacts customers to determine satisfaction with their insurance company in a number of areas, including its claims process and shopping experience.
- Our ValuePenguin editor rating is based on customer service reviews, coverage availability and options, and the overall value an insurance company provides renters.
About the Author
Senior Writer
Lindsay Bishop is a Senior Writer at ValuePenguin, where she educates readers about home, auto, renters, flood and motorcycle insurance.
Lindsay began her career in the insurance and financial industry in 2010. She was a licensed auto, home, life and health insurance agent and held Series 6 and 63 financial licenses.
After a hiatus from the financial sector, Lindsay returned to the industry as a content writer for ValuePenguin in 2021. She enjoys having the opportunity to help readers make smart decisions about their insurance so they can be prepared for anything life throws their way.
When Lindsay isn't writing about insurance, you can find her spending time with family, enjoying the outdoors on Sunday long runs or riding her Peloton.
How insurance helped Lindsay
As a homeowner for 15 years located in South Carolina, Lindsay has plenty of experience navigating the coastal insurance market and managing the claims process. That includes successfully negotiating a full roof replacement claim.
Expertise
- Home insurance
- Car insurance
- Flood insurance
- Renters insurance
- Motorcycle insurance
Referenced by
- CNBC
- Yahoo Finance
- Miami Herald
Education
- BS/BA Economics, University of Nevada Las Vegas
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.
