You may want to explore Geico ’ second renters policy options if you already have car indemnity with Geico. You ’ ll qualify for a discount rate by purchasing both car and renters policies through the company.
| Best for: Existing Geico auto insurance customers looking for a multipolicy discount. |
Geico renters insurance pros and cons
| Pro | Cons |
|---|---|
| Offers customers with current Geico car insurance a discount on their auto policy. | Functions as an agency and doesn’t underwrite its own renters policies. |
| No choice of which company you’ll be matched with. |
State availability
Geico provides renters indemnity through partner companies in every state .
» MORE: The best renters insurance companies
Geico renters insurance coverage
The Geico Insurance Agency serves as a agent that matches you with one of its 20+ renters insurance partners, including long-familiar companies like Liberty Mutual and Travelers. ( Note that you don ’ t catch to choose which caller you ’ re matched with. )
The exact types of coverage available to you will depend on which third-party insurance company Geico assigns to you, but most standard renters policies include :
- Coverage of your personal belongings if they’re stolen or damaged in a disaster.
- Renters liability coverage for lawsuit damages, medical payments and legal fees if someone is injured on your property or you cause damage to someone else’s home.
- Loss of use coverage for expenses above your normal living costs if you need to move out of your home while it’s being repaired after a disaster.
extra coverage options vary wide depending on where you live and which insurer Geico matches you with. Based on our research, some of the adopt optional coverage types may be available from Geico ’ south partners :
- Water backup coverage in case a drain or sewer line backs up into your home.
- Identity fraud coverage to help you cope with expenses related to identity theft.
- Replacement cost coverage for your belongings, so you’ll be paid the amount it would cost to purchase new items (rather than the depreciated value of your 3-year-old phone, for instance).
- Additional coverage for jewelry and other valuables beyond the limits listed in your renters policy.
- Earthquake coverage for those in at-risk states.
- Business liability or other coverage for those who carry out certain types of work from home.
- Equipment breakdown coverage to pay for appliances or electronic devices that have a mechanical failure.
- Refrigerated property coverage for food that spoils during a power outage from a covered disaster.
» MORE: What is renters indemnity, and what does it cover ?
Discounts
If your car is insured with Geico, you ’ ll get a discount on your car policy when you buy renters indemnity through Geico ’ s agency. other discounts available to you will depend on the third-party insurance company that provides your renters policy .
Most insurers offer discounts if your home has smoke alarms, fire extinguishers, sprinkler systems, burglar alarms or early guard features .
» MORE: Geico home policy review
Consumer experience
Website: On Geico ’ s locate you can get a renters insurance quote, estimate the value of your personal belongings and read basic information about coverage and rebate options. You can besides find touch information for Geico ’ second renters insurance partners.
Read more: Does GEICO cover Michigan?
App: Geico ’ s mobile app is designed largely for its car insurance customers, but it does have a Personal Property Scanner that you can use to create an inventory of your belongings. This can be useful to have if you ever need to file a claim .
Claims: While you can log in to your Geico report to see data about your renters policy, you ’ ll have to file any claims immediately with the third-party insurance company .
Renters insurance buying guide
Before you compare renters insurance companies, gather winder information such as the savoir-faire of the rental and any condom and security features the unit of measurement has .
You should besides figure out how much coverage you need. Take a flying inventory of your belongings : How much would it cost you to replace them ? Include all furniture, electronic devices, dress, jewelry and family items. This entire is the minimum sum of personal property policy you should have .
Your liability limit should be high adequate to cover your net worth, while your deductible should be an amount you ’ five hundred feel comfortable paying in an emergency .
When evaluating renters indemnity quotes, make sure each rate estimate includes the same coverage limits and deductibles sol you know you ’ re getting a fair comparison. While it ’ randomness alluring to buy the cheap policy, you may besides want to read reviews of your prefer company to make sure it offers good customer overhaul .
How to file a renters insurance claim
File as soon as it’s safe. The sooner you report a larceny or price to your home, the oklahoman your insurance company can assign an adjuster and start working on paying out your claim. Some companies let you file claims online or through their app, while in other cases you may have to call your agent or insurance company alternatively. Have your policy act handy .
Document the damage. Bolster your claim by taking photos or video of all damage. If something was stolen, report it to the police before you contact your insurance company. Your insurance company may ask for a copy of their report card .
Prevent further damage. After you ’ ve taken pictures of everything better or destroyed, take steps to prevent extra damage, such as putting a tarpaulin over a break window to protect your belongings inside. Keep receipts for any supplies you buy, as your insurance company may reimburse you former .
Frequently asked questions
What other types of insurance does Geico offer?
Geico insures cars, motorcycles and RVs, angstrom well as other vehicles. As with renters policies, it sells homeowners, condominium and mobile home insurance through third base parties. Learn more about Geico car policy.
How much is Geico renters insurance?
Geico advertises premiums vitamin a low as $ 12 a calendar month, but your own rate will depend on where you live, which insurer Geico assigns you and how much coverage you need. The average price of renters indemnity is $ 168, or approximately $ 14 a month, according to NerdWallet ’ s rate analysis .
Does Geico renters insurance cover fire?
Yes, fire is one of the standard disasters covered by Geico renters policies, careless of which third-party insurance company you end up with. You ’ ll besides generally be covered for larceny, vandalism and wind damage .
Other renters insurance companies to consider
not fix to make a decision ? You may be concerned in these other renters policy companies :