Ways you may save on renters insurance
When you buy renters insurance, you may also qualify for other savings, including discounts for bundling multiple policies with Farmers®.
Purchase multiple policies
Say you own a boat and rent a dockside apartment. You could earn a multi-policy discount if you insure your boat and your rental with Farmers, and save money on both policies. Insure a car, too? Keep it in the Farmers family. The more policies you bundle, the more you could save.
Multi-policy discounts are available if you bundle renters insurance with these policies:
- Auto
- Umbrella
- Business
- Life
- Motorhome
- Recreational vehicle
- Boat
Go paperless
This discount applies when you enroll in ePolicy and accept the Go Paperless terms and conditions.
Pay on time
Available if you pay your bill on time. (No late fees, late payments or returned check charges on the account in the previous 12 months.)
Talk to a Farmers® agent about renters insurance
Learn about all the options and potential discounts so you can choose the coverage you want.
Related articles
Reasons to Buy Renters Insurance
As a renter, you don't own the structure you live in and you are not likely to insure it. The belongings inside your rental, on the other hand, are probably important to you. One reason to carry renters insurance is to have coverage for your belongings.
Does Renters Insurance Cover Theft?
The short answer is: Yes, renters insurance typically covers theft if personal property coverage is part of your policy.
How Much Renters Insurance Do I Need?
The amount of coverage you should consider getting depends on the combined value of all your personal possessions.
Is Renters Insurance Required?
No state or city requires you to buy renters insurance. Landlords often require renters insurance — but even if they don’t, there are good reasons to consider buying it, whether you rent an apartment, a condo or a house.
