First-Time Renters Insurance

Why should you get renters insurance when you're moving out on your own?

Besides the fact that your landlord may require it, having renters insurance helps protect your finances and your stuff. For example, if you're held responsible for damage to your apartment or if you experience a loss or damage of a personal item, your policy may provide the coverage you need.

How it helps you as a first-time renter

It helps when you're traveling the world.^{See note2}

If your luggage and passport are stolen while traveling overseas, you can rest easy. Your renters policy covers theft, including identity theft,^{See note3} no matter where you are.
It covers your items when you're away at college.

You accidentally leave your dorm room unlocked for a quick trip to dinner. When you return, your new $1,500 laptop has been stolen. A renters policy can replace not only the laptop, but it also covers you in case of identity theft.
It provides protection when you move into an apartment.

You may be responsible for injury to a visitor who slipped and fell in your apartment. Our renters product can offer liability coverage, which includes medical expenses for visitors who may be injured on your property.^{See note4}
It covers your items when you put them in storage.

Pack it, move it and store it. If your stuff is stolen or damaged in a covered loss while being moved or stored, a renters policy can help repair or replace personal items.^{See note5}

Coverage for college students

If you're a student living in a dorm or off campus, we can help you get coverage that fits your needs.

A USAA Renters Insurance policy can help cover your personal belongings like books and clothing for as little as 33 cents a day.^{See note1}

Get a renters quote

Extra protection for your electronics

A standard renters policy only covers damage to electronics from things like theft, vandalism, weather or fire. It doesn't cover more common accidents like dropping or losing your phone or spilling something on your laptop. You can add these protections to your renters policy for as little as 14 cents a day^{See note6} by getting electronics coverage.^{See note7}

Here's how renters insurance can benefit you

Low Deductible and Rates

When you move out on your own, it can sometimes be difficult to balance your budget. A renters policy is budget-friendly and has low deductibles.
Replacement Cost Coverage^{See note8}

If your things are stolen or damaged, we'll repair or replace them with items similar in quality. For example, if the cell phone you bought two years ago is stolen, we'll calculate its value based on what the same model would cost today.
Bundle and Save

You can save up to 10% on renters insurance if you have your own auto policy with us.^{See note9}
Earthquake and Flood Coverage

You're covered for damage caused by floods, tidal waves and earthquakes. For example, if you're deployed overseas and your military gear gets damaged because of a flood or earthquake, your policy will help cover it.

How much coverage does a first-time renter need?

How much you need is based on your unique situation. Here are some things to consider when thinking about your liability and personal property limits:

How much stuff you have
The cost of your stuff
What your landlord requires
How much money you've saved
The risk of someone getting hurt at your place

Learn more about renters coverage

Go beyond a renters policy.

Valuable Personal Property, or VPP, insurance provides extra coverage for items like a necklace, camera, guitar or smartwatch. There's no deductible. You may also qualify for additional savings when you bundle VPP insurance with renters insurance.^{See note10}

Learn more about VPP

First-time renters insurance FAQ

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Do I need renters insurance if I live in a college dorm?

Do I need renters insurance if I live in military housing?

Do I need renters insurance for an off-campus apartment?

Yes, many apartments require at least liability coverage. It helps protect you if you're responsible for damage or if someone is injured in your apartment.^{See note4} You should be able to find the requirement in the apartment lease contract. You may also want coverage for your personal property, in case of theft or damage. A standard renters policy includes liability and personal property coverage, but you can choose just one or the other if it best fits your needs.

Is my roommate's stuff covered?

IN PENNSYLVANIA, WE RESERVE THE RIGHT TO REFUSE TO QUOTE ANY INDIVIDUAL A PREMIUM RATE FOR THE INSURANCE ADVERTISED HEREIN.

Note 1 Countrywide average price for policyholders who have $2,500 personal property coverage, $100,000 liability coverage and $5,000 medical payments coverage as of October 2024. Rates vary by location and risk. Rates are subject to change.

Note 2 Availability of renters insurance to residents of another country is limited to qualified members.

Note 3 All renters policies with personal property coverage include up to $5,000 of identity theft coverage.

Note 4 Coverage descriptions are brief and subject to the terms and conditions of your insurance policy. Read your insurance policy for details. Applications subject to underwriting.

Note 5 For coverage to apply, property must be under a bill of lading or other professional shipping document. Breaking, marring and scratching are excluded.

Note 6 Countrywide average price for policyholders who have $1,000 in coverage as of July 2024. Rates may vary by location and risk. Rates are subject to change.

Note 7 All coverages may not be available in all locations.

Note 8 With replacement cost coverage, at our option, subject to policy limits and policy deductible, if you actually replace the property we will pay you the lesser of our cost to restore, repair or replace the damaged property or the amount you actually spent to restore, repair or replace the property. Coverage applies to damage or loss due to events listed in your policy.

Note 9 Savings are off total premium. Not available in all states or in all situations. To qualify for a discount on the property policy, a USAA Auto Insurance policy must be active within 60 days of issuing the property policy. Discounts will apply at renewal for existing property product(s). Discount subject to change. Restrictions apply.

Note 10 Multiple product savings do not apply in all states or to all situations. Savings subject to change. Restrictions apply.

Note 11 Renter's On-base discount is only available to qualifying members. Some locations may offer a higher discount. Other restrictions apply.

Membership eligibility and product restrictions apply and are subject to change.

All coverages are subject to the terms and conditions of the policy.

Property and casualty insurance underwritten by United Services Automobile Association (USAA), USAA Casualty Insurance Company, USAA General Indemnity Company, Garrison Property and Casualty Insurance Company, NOBLR Reciprocal Exchange, based in San Antonio, Texas; USAA Limited (UK) and USAA S.A. (Europe) and is available only to persons eligible for property and casualty group membership. Each company has sole financial responsibility for its own products. Coverages subject to the terms and conditions of the policy.

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First-time renters insurance

Don't forget to pack renters insurance.

Why should you get renters insurance when you're moving out on your own?

How it helps you as a first-time renter

It helps when you're traveling the world.^{See note2}

It covers your items when you're away at college.

It provides protection when you move into an apartment.