USAA Renters Insurance Review [2024]
If you are affiliated with the military and in need of renters insurance, you may want to look into purchasing USAA renters insurance. USAA renters insurance is available in all 50 U.S. states, and the policies offer coverage for a variety of incidents. USAA has an A++ (Superior) rating with A.M. Best and an A+ rating with the Better Business Bureau.
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Diego Anderson
Licensed Real Estate Agent
Diego Anderson is a Real Estate Agent based in the Bay Area of California. Having received his Real Estate License at the age of 18, he wasted no time learning the ins and outs of the industry. With a focus on residential dual agency, he has a passion for supporting and educating families on their home buying and selling decisions. He is no stranger to new builds and new developments. He also r...
Licensed Real Estate Agent
UPDATED: Jan 10, 2024
It’s all about you. We want to help you make the right coverage choices.
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Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Jan 10, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
- USAA offers renters insurance to current or former military personnel and their family members in all 50 U.S. states
- Only certain individuals affiliated with the military and their families are eligible for insurance coverage through USAA
- USAA has an A++ financial strength rating with A.M. Best and an A+ rating with the Better Business Bureau
If you’re on the hunt for renters insurance, you may want to learn more about a renters insurance policy with USAA. The company offers renters insurance in every state in the U.S., and USAA is currently tied for the first-place spot in regard to renters insurance companies, according to U.S. News.
As you search for renters insurance coverage, remember to shop around and compare policies and quotes from multiple companies before making a final decision. As you compare prices, you will discover which policies offer the coverage you need at an affordable price.
Can anyone get renters insurance with USAA?
USAA was formed in 1922 by a group of Army officers. The company is based in San Antonio, Texas, and offers insurance products, retirement planning solutions, and loans.
Currently a company with over 13 million members, USAA membership is available to the following individuals:
- Active military personnel
- Retired military personnel
- Separated veterans with an honorable discharge
- Family members of the eligible military or former military personnel
Because USAA is limited to people who serve or have served in the military or family members of military personnel, not everyone can purchase a renters insurance policy with USAA. If you are confused as to whether you are eligible for USAA coverage, you can call the USAA renters insurance phone number and speak with a company representative.
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What does USAA renters insurance cover?
If you purchase a renters insurance policy with USAA, you will receive the following coverage:
- Personal property coverage. Your personal property is covered from a loss that results from a listed peril such as fire or theft. USAA will pay to replace lost or damaged items with new ones instead of simply reimbursing you with the item’s depreciated value.
- Medical payments. If someone who does not live on the property is injured, that individual may be eligible for medical payments to cover medical bills associated with the injury.
- Personal liability. If an individual suffers an injury in your rented space, he or she will be covered up to $100,000 which can include the cost of the renter’s legal defense.
- Additional living expenses. If you are unable to live in your rental property after a covered peril causes long-term damage, your renters insurance policy will cover normal living expenses.
USAA offers additional features for military members. If members are deployed, their personal belongings are covered with overseas insurance even if they are in storage. In addition, military members who are on active duty and live on base can save nearly 30% on their renters and other insurance policies.
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When does a USAA renters insurance policy kick in?
As is the case with virtually any insurance company, USAA renters insurance does not cover any and every event that takes place. A renters insurance policy with USAA will cover damage to a renter’s personal property if the damage is caused by:
- Fire
- Lightning
- Floods (in certain situations)
- Windstorms or hail
- The collapse of a building
- Volcanic eruptions
- Earthquakes
- Smoke damage (in certain situations)
- Frozen damage to plumbing, heating, air-conditioning, or household appliances
- Falling objects that damage the roof and then the renter’s personal property
- Explosions
- Theft
- Aircraft
- Vehicles
- Vandalism
- Riots and civil unrest
- Sudden and accidental tearing apart, cracking, burning, or bulging
- Sudden and accidental damage from an artificially generated electrical current
Though this list may seem exhaustive, there are still some incidents that a USAA renters insurance policy will not cover. If you are considering purchasing renters insurance with USAA, be sure to familiarize yourself with the ins and outs of the policy beforehand.
Does USAA offer any discounts on coverage?
USAA offers a number of discounts on its insurance coverage. Among the most popular options are membership in the U.S. military, bundled coverage with USAA, property location, and security measures such as smoke detectors, alarm systems, and deadbolt locks.
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How much is renters insurance with USAA?
You will not know how much you’ll pay for renters insurance with USAA until you receive an insurance quote from the company. You can visit the USAA website or call and speak with a company representative in order to obtain more information concerning your monthly payment for renters insurance coverage.
The table below reveals average renters insurance rates by state.
Average Renters Insurance Rates by State
| State | Average Annual Renters Insurance Rates | Average Monthly Renters Insurance Rates |
|---|---|---|
| National Average | $168 | $14 |
| Alabama | $222 | $18 |
| Alaska | $123 | $10 |
| Arizona | $179 | $15 |
| Arkansas | $214 | $18 |
| California | $217 | $18 |
| Colorado | $156 | $13 |
| Connecticut | $172 | $14 |
| Delaware | $150 | $13 |
| Florida | $191 | $16 |
| Georgia | $243 | $20 |
| Hawaii | $164 | $14 |
| Idaho | $133 | $11 |
| Illinois | $167 | $14 |
| Indiana | $155 | $13 |
| Iowa | $110 | $9 |
| Kansas | $225 | $19 |
| Kentucky | $170 | $14 |
| Louisiana | $262 | $22 |
| Maine | $150 | $13 |
| Maryland | $175 | $15 |
| Massachusetts | $192 | $16 |
| Michigan | $201 | $17 |
| Minnesota | $153 | $13 |
| Mississippi | $228 | $19 |
| Missouri | $134 | $11 |
| Montana | $162 | $14 |
| Nebraska | $122 | $10 |
| Nevada | $162 | $13 |
| New Hampshire | $135 | $11 |
| New Jersey | $163 | $14 |
| New Mexico | $148 | $12 |
| New York | $142 | $12 |
| North Carolina | $148 | $12 |
| North Dakota | $116 | $10 |
| Ohio | $135 | $11 |
| Oklahoma | $210 | $17 |
| Oregon | $149 | $12 |
| Pennsylvania | $116 | $10 |
| Rhode Island | $166 | $14 |
| South Carolina | $188 | $16 |
| South Dakota | $123 | $10 |
| Tennessee | $155 | $13 |
| Texas | $197 | $16 |
| Utah | $138 | $11 |
| Vermont | $110 | $9 |
| Virginia | $149 | $12 |
| Washington | $140 | $12 |
| Washington, D.C. | $166 | $14 |
| West Virginia | $142 | $12 |
| Wisconsin | $122 | $10 |
| Wyoming | $101 | $8 |
Depending on where you live and the type of home you are renting, you may find that your rates are a bit higher than those listed in the table above. Still, the table may give you a better understanding in regard to how much you will pay for coverage.
Can you pay for USAA renters insurance online?
Policyholders with USAA can use their USAA renters insurance logins to access their policies and pay their monthly premiums online. Clients can also file a USAA renters insurance claim on the company website, though it may be required that they speak with a USAA agent during the claims process.
Does USAA have good ratings and reviews?
USAA has an A++ (Superior) financial strength rating with A.M. Best and a stable outlook in regard to future financial endeavors. USAA also has an A+ rating with the Better Business Bureau (BBB).
Regarding USAA renters insurance reviews, you will find many negative reviews and complaints on the BBB website. The company has closed nearly 2,000 complaints in the past three years. But it makes sense that a company of USAA’s size would have far more negative reviews and customer complaints than a small, local insurance company.
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Should I buy renters insurance with USAA?
If you qualify for coverage with USAA, it’s a good idea to obtain a quote for renters insurance from the company. Afterward, be sure to compare the rate USAA offers to rates from other companies. This will help you make an informed decision regarding coverage and overall cost.
Frequently Asked Questions
Can anyone get renters insurance with USAA?
No, USAA renters insurance is limited to individuals who serve or have served in the military, as well as their family members. To determine if you are eligible for USAA coverage, you can contact the USAA renters insurance phone number and speak with a company representative.
What does USAA renters insurance cover?
USAA renters insurance provides coverage for personal property, liability protection, additional living expenses, and medical payments to others. It also offers additional features for military members, such as overseas coverage for personal belongings in storage during deployment and discounts for active duty members living on base.
When does a USAA renters insurance policy kick in?
A USAA renters insurance policy covers damage to personal property caused by specific events, including fire, theft, vandalism, and certain natural disasters. It does not cover every event, so it’s essential to review the policy details to understand what is included and excluded.
Does USAA offer any discounts on coverage?
Yes, USAA offers several discounts on renters insurance coverage. Some popular options include membership in the U.S. military, bundled coverage with USAA, property location, and security measures such as smoke detectors, alarm systems, and deadbolt locks.
How much is renters insurance with USAA?
The cost of renters insurance with USAA varies depending on factors such as location, the type of home you are renting, coverage limits, and deductibles. To get an accurate quote, you can visit the USAA website or contact a company representative.
Can you pay for USAA renters insurance online?
Yes, policyholders can use their USAA renters insurance logins to access their policies and pay their monthly premiums online. It is also possible to file a USAA renters insurance claim on the company website, although speaking with a USAA agent may be required during the claims process.
Does USAA have good ratings and reviews?
USAA has an A++ (Superior) financial strength rating with A.M. Best and an A+ rating with the Better Business Bureau (BBB). While there may be some negative reviews and complaints, it is important to consider that a large company like USAA is likely to have more reviews, both positive and negative, compared to smaller local insurance companies.
Should I buy renters insurance with USAA?
If you qualify for USAA coverage, it is worth obtaining a quote for renters insurance from the company. However, it is recommended to compare the rates and coverage offered by other companies as well. This allows you to make an informed decision based on your specific needs and budget.
Compare Insurance Providers Rates to Save Up to 75%
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Diego Anderson
Licensed Real Estate Agent
Diego Anderson is a Real Estate Agent based in the Bay Area of California. Having received his Real Estate License at the age of 18, he wasted no time learning the ins and outs of the industry. With a focus on residential dual agency, he has a passion for supporting and educating families on their home buying and selling decisions. He is no stranger to new builds and new developments. He also r...
Licensed Real Estate Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.