Allstate vs State Farm Renters Insurance — Which Is Better?
Allstate renters insurance starts at $15/mo (rated 4/5), while State Farm starts at $15/mo (rated 4.3/5). Both cover personal property up to $100K.
| Feature | Allstate | State Farm |
|---|---|---|
| Monthly Cost | $15–$35 | $15–$30 |
| Coverage | $15K–$100K | $15K–$100K |
| Deductible | $500, $1000 | $500, $1000 |
| Rating | 4/5 | 4.3/5 |
| Best For | Renters who want highly customizable coverage... | Renters who want a local agent... |
Allstate highlights
- HostAdvantage coverage for Airbnb hosts
- Identity theft restoration included
- Customizable add-ons (scheduled personal property, water backup)
- Claim RateGuard prevents rate hikes after first claim
State Farm highlights
- 19,000+ local agents nationwide
- Multi-policy discount with auto insurance
- Replacement cost coverage standard
- Identity theft restoration included
The verdict
Choose Allstate if...
Renters who want highly customizable coverage and Airbnb protection. Standout advantage: most customizable coverage options.
Choose State Farm if...
Renters who want a local agent and plan to bundle with auto insurance. Standout advantage: largest agent network in the us.
More comparisons
●Frequently Asked Questions
Frequently Asked Questions
Is Allstate or State Farm cheaper for renters insurance?
State Farm is typically cheaper. Allstate starts at $15/mo while State Farm starts at $15/mo. Actual pricing depends on your location and coverage amount.
Which is better — Allstate or State Farm renters insurance?
It depends on what you need. Allstate (4/5) is best for renters who want highly customizable coverage and airbnb protection. State Farm (4.3/5) is best for renters who want a local agent and plan to bundle with auto insurance.
Does Allstate or State Farm have better claims?
State Farm has the higher customer satisfaction rating at 4.3/5. Allstate's key advantage: most customizable coverage options. State Farm's key advantage: largest agent network in the us.
Can I switch from Allstate to State Farm mid-lease?
Yes. You can switch renters insurance providers at any time — there's no penalty. Cancel your current policy after the new one is active to avoid a coverage gap.
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DepositHawk is not a law firm and does not provide legal advice. Information and documents are for informational purposes only. No attorney-client relationship is created. Consult a licensed attorney for advice specific to your situation.