Progressive vs Travelers Renters Insurance — Which Is Better?
Progressive renters insurance starts at $10/mo (rated 3.8/5), while Travelers starts at $15/mo (rated 4.1/5). Both cover personal property up to $100K.
| Feature | Progressive | Travelers |
|---|---|---|
| Monthly Cost | $10–$25 | $15–$30 |
| Coverage | $10K–$100K | $15K–$100K |
| Deductible | $500 | $500, $1000 |
| Rating | 3.8/5 | 4.1/5 |
| Best For | Budget-conscious renters who want to set... | Renters who value broad, reliable coverage... |
Progressive highlights
- Name Your Price tool for budget-based shopping
- Multi-policy discount with auto
- Online claims filing
- Coverage for personal property in storage units
Travelers highlights
- Broad coverage for water backup and sump overflow
- Identity fraud expense coverage
- Valuable items coverage for jewelry and electronics
- Claim-free discount rewards
The verdict
Choose Progressive if...
Budget-conscious renters who want to set a price and find matching coverage. Standout advantage: name your price lets you set a budget first.
Choose Travelers if...
Renters who value broad, reliable coverage and don't mind paying a bit more. Standout advantage: naic complaint ratio of 0.78 — below average.
More comparisons
●Frequently Asked Questions
Frequently Asked Questions
Is Progressive or Travelers cheaper for renters insurance?
Progressive is typically cheaper. Progressive starts at $10/mo while Travelers starts at $15/mo. Actual pricing depends on your location and coverage amount.
Which is better — Progressive or Travelers renters insurance?
It depends on what you need. Progressive (3.8/5) is best for budget-conscious renters who want to set a price and find matching coverage. Travelers (4.1/5) is best for renters who value broad, reliable coverage and don't mind paying a bit more.
Does Progressive or Travelers have better claims?
Travelers has the higher customer satisfaction rating at 4.1/5. Progressive's key advantage: name your price lets you set a budget first. Travelers's key advantage: naic complaint ratio of 0.78 — below average.
Can I switch from Progressive to Travelers 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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