Best Renters Insurance in Austin (2025)

If you’re renting in Austin, Texas, your landlord’s insurance won’t cover your belongings if things go wrong. A burst pipe during a winter storm or fire damage from a neighbor’s kitchen disaster could leave you on the hook to replace everything from your jeans and electronics to your furniture and collectibles.

Renters insurance in Austin protects your belongings. It also helps cover medical expenses and legal fees if someone gets hurt in your rental. While Texas state law doesn’t require renters insurance, many landlords do. Even if yours doesn’t, it’s affordable protection. Policy rates are often less than your monthly streaming subscription.

How renters insurance works in Austin

A renters insurance policy in Austin covers three main areas: 

• Personal property: Protects your furniture, electronics, and other belongings.

• Personal liability: Protects you if someone injures themselves at your rental home or you damage someone else’s property.

• Additional living expenses: Protects you if a covered peril damages your rental home and you need temporary housing while it’s repaired.^[1]

To get the best renters insurance coverage, you’ll answer a few questions about your rental and belongings. Then, you’ll pick how much protection you need, choose a deductible, and pay your premium.

Renters in Austin pay an average of $22 per month for a policy with $15,000 in personal property coverage. Your rates depend on your situation and policy choices. For example, higher coverage limits have higher premiums. On the other hand, a higher deductible lowers your premium, but you’ll pay more out of pocket when filing a claim.

Protect Your Property With Renters Insurance

Get a quote in minutes

Compare Quotes

Secure. Free. Easy-to-use.

4.8/5 (7,669+ reviews)

How to file a renters insurance claim

If you need to file a claim, the claims process is fairly simple:^[2]

• 

  Let your insurance company know

  Contact your insurer as soon as possible after the damage or loss happens.

• 

  Take photos

  Document property damage and gather receipts or proof of ownership for your belongings.

• 

  Submit your claim

  Depending on your insurer, you may be able to file your claim online or through an app.

• 

  Get your payout

  After the insurance company reviews your claim, you’ll receive a payout.

Best renters insurance companies in Austin

No single insurance company is best for everyone. What works for you depends on how you want to interact with your insurer and what you’re protecting.

We picked these five insurers based on coverage options, how much Austin renters actually pay, and real customer experiences.

State Farm and Lemonade have the cheapest apartment insurance premiums, on average. GEICO, State Farm, and Progressive offer discounts if you bundle renters and car insurance. Allstate and Progressive offer extra personal property coverage for valuables like your MacBook, bike, or jewelry collection. Lemonade and GEICO let you manage your policy through their apps.

Insurance Company	Average Monthly Premium	Best For
Lemonade	$9	Cheap coverage
State Farm	$10	Local customer service
Allstate	$16	Optional coverage for expensive items
Progressive	$27	Policy customization
GEICO	$33	Digital policy management

What renters insurance covers in Austin

Renters insurance protects your belongings and covers you financially when accidents happen in your rental. It’s a financial backup for situations you hope never happen, but might. Depending on your policy terms, your insurance coverage may vary.

Here’s a look at what a typical renters insurance policy covers:

• Personal property: Covers items like your couch, laptop, clothes, and that expensive coffeemaker from fire, smoke, lightning, windstorms, hail, theft, and vandalism.

• Personal liability: Pays medical expenses and legal costs if someone sues you after tripping over your dog or if your bathtub overflows and destroys your downstairs neighbor’s belongings.

• Additional living expenses: Helps pay for hotel rooms, dining out, and laundry costs if your apartment becomes uninhabitable due to a burst pipe or kitchen fire.

• Water damage: Pays to repair or replace your belongings after a pipe bursts or an appliance suddenly leaks. Note that renters insurance doesn’t cover flood damage or gradual leaks.^[3]

• Wildfire damage: Protects your belongings if wildfire smoke or flames damage your rental.^[4]

Unique considerations for renters insurance in Austin

Austin’s location and climate create specific risks for renters, and these affect what you need in a renters insurance policy. Flooding and severe weather happen regularly, and the threat of wildfires is rising. It’s important to note that standard renters insurance policies don’t cover everything.

When searching for renters insurance in Austin, keep these things in mind:

• 

  Check wildfire coverage in high-risk areas

  More than half of Austin is in a wildfire danger zone. If you rent in South, West, or downtown Austin, make sure your policy covers wildfire damage.

• 

  Get flood insurance if you’re near water

  Renters insurance won’t pay for flood damage. Since flash flooding is common in Austin — especially near creeks or floodplains — you may need separate flood insurance. Check with the National Flood Insurance Program (NFIP) for more information.

• 

  Watch your deductible

  Wind and hail are common in Austin. Your policy probably covers these perils, but a high deductible means you’ll pay more out of pocket before insurance covers anything.

• 

  Inventory your belongings now

  List things you own, take photos, and keep receipts for expensive purchases. Proof of ownership can help speed up the claims process.

How to save on renters insurance in Austin

Renters insurance costs are already less than most people think. But if you rent in Austin, you have a few strategies you can use to save on renters insurance:

• Rent in newer buildings or gated communities. Newer properties or those with controlled access, security cameras, and fire sprinklers often come with lower renters insurance costs. Check properties in north-central Austin, Hyde Park, North and West Campus, East Austin, and south-central Austin.

• Mention your building’s location and ZIP code. Living close to a fire station or police department can lower your rate, as emergency response times are generally faster.

• Bundle with your car insurance. If you already have auto insurance, adding renters insurance can often get you a discount on both policies.

• Raise your deductible. Higher deductibles mean lower monthly premiums. Just make sure you can afford to pay a higher deductible if you need to file a claim.

• Install security devices. Deadbolts, security systems, and smoke detectors can qualify you for renters insurance discounts.

Protect Your Stuff for as Little as $5/mo.

Unlock renters insurance savings and discounts

Get My Liberty Mutual Quote

Secure. Free. Easy-to-use.

4.8/5 (7,669+ reviews)

Renters insurance in Austin FAQs