Finding the best Renter Insurance in California
Renters insurance provides coverage for your lost, stolen or damaged valuables in your rented apartment. While your landlord’s insurance covers the house, it does not extend to your possessions and valuables. Renter insurance is important if you want to protect your valuables in case of theft, fire or other natural disasters. The problem most renters face is finding the best renters insurance in West Virginia. It is not only about finding the best renters insurance; it is also about getting cheap renters insurance in West Virginia. Before you get renter insurance in West Virginia, you must know what the insurance will cover and what it will not. For most renters insurance policies, there is a limit to coverage on valuables like pieces of jewellery. To get additional coverage then you might need to pay more on your renter's insurance. The best renters insurance will ensure you are covered for all unforeseen accidents that can happen. Before choosing renters insurance, you need to research and compare quotes of different insurance companies to determine the cheapest and the best policies you should go for.
| Renters Insurance Costs in West Virginia | Rates |
|---|---|
| Avg. Rate of Renters Insurance in West Virginia Annually | $315.31 |
| Avg. Rate of Renters Insurance in West Virginia Per Month | $26.28 |
A Bird's-Eye View of Renters Insurance in West Virginia
Generally, the average annual cost of renters insurance in West Virginia is about $176, which a little lesser than the national average value. West Virginia ranks 24th on the renter's insurance list, which means it is on the higher half. In West Virginia, over 32% of renters spend above 30% of their monthly income on rents and utilities. Getting renter insurance when you are spending so much on utilities already might be a little difficult for you. But The average monthly cost of renters insurance in West Virginia ranges is about $24. The prices of renters insurance vary in different cities; the city with the most expensive premium is 18% more expensive than the cheapest city. The city with the cheapest renters insurance is Weirton, with an average annual premium of just $263, which is just about $22 per month. On the other hand, the city with the most expensive renters insurance is Romney, with an annual average premium of about $311, which amounts to $26 per month.
| City in West Virginia | Costs Per Month for Renters Insurance | Average Costs Per Year for Renters Insurance |
|---|---|---|
| Charleston, WV | $17.97 | $215.68 |
| Huntington, WV | $19.93 | $239.20 |
| Morgantown, WV | $15.31 | $183.68 |
| Parkersburg, WV | $16.56 | $198.72 |
| Wheeling, WV | $15.47 | $185.60 |
| Weirton, WV | $15.87 | $190.40 |
| Fairmont, WV | $16.13 | $193.60 |
| Martinsburg, WV | $14.88 | $178.56 |
| Beckley, WV | $18.92 | $227.04 |
| Clarksburg, WV | $15.37 | $184.48 |
| Teays Valley, WV | $17.89 | $214.72 |
| South Charleston, WV | $17.48 | $209.76 |
| Vienna, WV | $16.23 | $194.72 |
| St. Albans, WV | $17.93 | $215.20 |
Is Renters Insurance Required In West Virginia
While there are no federal laws or states laws that make it compulsory for renters to have renters insurance, some landlords may insist on their tenants getting one. In some cases, the landlord may even require proof of your renter's insurance as part of the lease agreement. Most landlords insist on renters insurance to protect themselves from tenants' negligence or make sure you understand that you are responsible for your possessions. The landlord/homeowner's insurance only covers the building and main structures of the building, like the plumbing. Statistics have shown that one out of four houses in America experience fire, coupled with unforeseen theft attempts or natural disaster; it is important you get a renters insurance. The renter's insurance provides coverage for your possessions in your rented apartment in case of any damage. Renters insurance saves you from extra spending on renovation or replacing damaged possessions from your pocket. Renters insurance also covers any injury sustained by a guest in your apartment; if the person decides to sue you, it will cover any money you are required to pay in damages.
How Much Is Renters Insurance In West Virginia
West Virginia experiences little to no natural disasters like fire, earthquake or floods, so the average renter's insurance is lower than the national average. The renter's insurance rates in West Virginia vary in different cities and with different insurance companies. Your location in West Virginia determines if you will get low-cost renters insurance or a bit on the high side. If you live in cities like Romney and Shepherdstown, you can expect to pay more than the state's average renters insurance in West Virginia. On the other hand, the cities with low-cost renters insurance pay lesser than the average renter's insurance rate in West Virginia. How much you pay in renters insurance is also determined by you, depending on the kind of coverage you choose, the number of valuables you have and your credit ratings. Apart from your location, all these factors come into play to determine how much your renter's insurance will cost.
| Price of Renters Insurance in West Virginia by County | Rate Per Month | Rate Per Year |
|---|---|---|
| Barbour County, WV | $15.08 | $181.00 |
| Berkeley County, WV | $13.50 | $162.00 |
| Boone County, WV | $17.28 | $207.40 |
| Braxton County, WV | $15.47 | $185.60 |
| Brooke County, WV | $14.13 | $169.60 |
| Cabell County, WV | $16.13 | $193.60 |
| Calhoun County, WV | $15.98 | $191.80 |
| Clay County, WV | $15.58 | $187.00 |
| Doddridge County, WV | $14.37 | $172.40 |
| Fayette County, WV | $15.92 | $191.00 |
| Gilmer County, WV | $14.78 | $177.40 |
| Grant County, WV | $14.17 | $170.00 |
| Greenbrier County, WV | $14.23 | $170.80 |
| Hampshire County, WV | $14.23 | $170.80 |
| Hancock County, WV | $14.58 | $175.00 |
| Hardy County, WV | $14.23 | $170.80 |
| Harrison County, WV | $14.42 | $173.00 |
| Jackson County, WV | $16.68 | $200.20 |
| Jefferson County, WV | $13.42 | $161.00 |
| Kanawha County, WV | $15.67 | $188.00 |
| Lewis County, WV | $14.45 | $173.40 |
| Lincoln County, WV | $18.12 | $217.40 |
| Logan County, WV | $19.68 | $236.20 |
| Marion County, WV | $14.30 | $171.60 |
| Marshall County, WV | $14.62 | $175.40 |
| Mason County, WV | $16.63 | $199.60 |
| McDowell County, WV | $20.93 | $251.20 |
| Mercer County, WV | $17.60 | $211.20 |
| Mineral County, WV | $14.08 | $169.00 |
| Mingo County, WV | $21.55 | $258.60 |
| Monongalia County, WV | $13.88 | $166.60 |
| Monroe County, WV | $15.27 | $183.20 |
| Morgan County, WV | $14.10 | $169.20 |
| Nicholas County, WV | $14.78 | $177.40 |
| Ohio County, WV | $14.05 | $168.60 |
| Pendleton County, WV | $14.23 | $170.80 |
| Pleasants County, WV | $14.22 | $170.60 |
| Pocahontas County, WV | $15.98 | $191.80 |
| Preston County, WV | $14.37 | $172.40 |
| Putnam County, WV | $14.95 | $179.40 |
| Raleigh County, WV | $15.30 | $183.60 |
| Randolph County, WV | $16.17 | $194.00 |
| Ritchie County, WV | $14.93 | $179.20 |
| Roane County, WV | $15.77 | $189.20 |
| Summers County, WV | $16.22 | $194.60 |
| Taylor County, WV | $14.52 | $174.20 |
| Tucker County, WV | $15.17 | $182.00 |
| Tyler County, WV | $14.23 | $170.80 |
| Upshur County, WV | $14.88 | $178.60 |
| Wayne County, WV | $18.50 | $222.00 |
| Webster County, WV | $15.72 | $188.60 |
| Wetzel County, WV | $14.20 | $170.40 |
| Wirt County, WV | $16.08 | $193.00 |
| Wood County, WV | $15.58 | $187.00 |
| Wyoming County, WV | $17.93 | $215.20 |
What Does Renters Insurance Cover In West Virginia?
A good renters insurance secures your personal belongings in case of unexpected events like a fire outbreak. The renter's insurance covers replacing all the things you insured, from your furniture to electrical appliances to your clothing and other valuables. The renter's insurance will cover any additional living expenses you will incur when your apartment is under repairs. Good renters insurance also offers you liability protection if you are held responsible for damaging someone else's property anywhere in the world. Before you choose a renters insurance policy, you need to be sure of the insurance's value limit. In cases when you need to get extra coverage, you need to ensure that the coverage amount will cover all your possessions. If you store your business materials at your apartment or you have a home office, you might need to get extra coverage for them. Generally, renters insurance will only secure your business-related items up to $1000 without additional coverage. If your business-related items' value is more than that, you will need to get additional coverage on them. Also, the renter's insurance takes care of their client's medical payment and any lawsuit filed against them.
Best Renters Insurance Companies In West Virginia Based on Consumer Ratings
Before you get renters insurance, you should read or talk to your real estate agent to know what the insurance covers and what it does not. You can check trusted rating systems like JD Power Rating and NAIC. The two organisations provide reliable ratings for insurance companies across the United States. State Farm is regarded to be the best overall nationwide; it provides nationwide renters insurance coverage at affordable prices. State Farm's renter's insurance offers coverage for a wide range of losses with provision for loss of use if the property becomes inhabitable after an accident. There is an option for you to purchase additional coverage. State Farm has an A++ rating from AM Best, AA from S&P Global Ratings, and 4 out of 5 JD Power rating. The insurer has a complaint ratio of just 0.2, according to NAIC. However, the insurance company with the highest JD Power rating is the USAA; the insurer is rated 5 out of 5 by the JD Power ratings. The cheapest renters insurance company in West Virginia are Allstate, State Farm, Amica, GEICO and Liberty Mutual. To determine the best renters insurance company in West Virginia for you, we recommend that you research each insurer and their services. The table below shows the JD Ratings and NAIC ratings of several renters insurance in West Virginia. It is a good place to start research and comparison for you.
| West Virginia Renters Insurer | JD Power Rating | NAIC Rating |
|---|---|---|
| Allstate Ratings for Renters Insurance in West Virginia | 3/5 | 0.31 |
| Erie Ratings for Renters Insurance in West Virginia | 5/5 | 0.18 |
| Liberty Mutual Ratings for Renters Insurance in West Virginia | 2/5 | 0.53 |
| Nationwide Ratings for Renters Insurance in West Virginia | 2/5 | 0.31 |
| State Farm Ratings for Renters Insurance in West Virginia | 4/5 | 0.2 |
| USAA Ratings for Renters Insurance in West Virginia | 5/5 | 0.15 |
| Westfield Ratings for Renters Insurance in West Virginia | N/A | 0.12 |
Compare Renters Insurance in West Virginia For the Best Rates
Renters insurance is one of the best things you could spend your money on in your rented apartment. There are many affordable renters insurance in West Virginia that you can choose from. So, how do you choose the best renters insurance in West Virginia without going above your budget? It is important to compare the renter's insurance offered by different insurers before you decide on one. You do not want to miss out on amazing deals and discount available because you did not know about them. You get affordable renters insurance in West Virginia without giving up on some coverage. Most insurers offer multi-policy discounts and even loyalty discounts for long-term customers. Some insurers may even give referral discounts; these discounts vary from company to company. Therefore, it is important to compare different renter insurance to weigh out your options. Ensure that you read about the coverage the renter insurance offers and if the policy allows you to pay additional coverage when some of your valuables are not covered by the renter's insurance. You would be happier knowing that you have explored all options before deciding on the renter's insurance to choose.