For the cheapest renters insurance in Los Angeles, get a quote from Lemonade. Lemonade charges $12 a month, on average.

Progressive’s average rate is a little higher at $17 a month, but it also offers more discounts than Lemonade. They could make Progressive the cheapest company for you.

To get the best cheap renters insurance, compare renters insurance quotes from several companies before you buy or renew a policy.

Although Lemonade is the best renters insurance company in Los Angeles overall, Progressive and Assurant may be the best companies for you due to their discounts and coverage options.

Best renters insurance company overall: Lemonade

Lemonade isn’t only the cheapest renters insurance company in Los Angeles. It’s also the company with the best customer satisfaction score (from J.D. Power) among those we surveyed.

J.D. Power bases its customer satisfaction ratings on interaction, policy offerings, price, billing process and policy information, and claims.

If you want to add optional coverages to your renters insurance policy, though, Lemonade may not be the best company for you. It offers few add-ons, especially compared to Assurant and Allstate.

Best renters insurance discounts: Progressive

Progressive offers more renters insurance discounts than any other company we looked at in Los Angeles. If you qualify for one or more of them, Progressive may be the best renters insurance company for you.

Progressive offers renters insurance discounts for:

• Bundling more than one insurance policy with the company
• Getting a quote at least three days before your policy starts
• Living in a secured or gated community
• Paying for your policy upfront
• Receiving your documents by email

Best add-on coverages: Assurant

Assurant lets you customize your renters insurance policy more than any other company we surveyed in Los Angeles thanks to all of the add-on coverages it offers.

You can add these optional coverages when you buy a renters policy from Assurant:

• Rent protection: Helps pay your rent if you lose your job
• Pet damage: Repairs damage your pet causes
• Water sewer backup: Covers damage caused by a backed-up sewer or drain
• Earthquake: Pays costs tied to earthquake damage, including additional living expenses if you need to move out while repairs are done
• Identity fraud expense: Helps you cover the cost of identity theft

Renters insurance costs $17 a month, on average, in Los Angeles. This is $1 a month more than the state average of $16 a month.

Renters insurance in Los Angeles is more expensive than it is in most of California’s other large cities. Renters in San Diego only pay $14 a month, on average, for renters insurance, while those in Anaheim, Sacramento and San Jose pay $15 a month.

Oakland renters pay more than those in Los Angeles, though, at an average rate of $20 a month.

You should consider buying renters insurance even if your landlord doesn’t require it.

• It protects you against liability claims if you damage the building or if a visitor is injured while on your property.
• It covers your possessions like clothing, electronics and furniture from damage or destruction.

What does renters insurance cover in Los Angeles?

Renters insurance usually covers your additional living expenses, personal property and personal liability whether you buy it in Los Angeles or anywhere else.

• Additional living expenses coverage pays some of your extra bills if you need to relocate while your home is repaired.
• Personal property coverage repairs or replaces your stuff, like clothing and furniture, if they’re damaged or destroyed.
• Personal liability coverage can help with legal fees and court costs if someone is injured or their belongings are damaged while visiting your home.

Methodology

LendingTree collected thousands of renters insurance quotes from the largest insurance companies in each state, based on data availability.

We used thousands of renters insurance quotes from across the U.S. for a 30-year-old single woman who has no recent renters insurance claims. Your rates may vary. Coverage limits include:

• Personal property coverage: $20,000
• Deductible: $500
• Personal liability: $100,000
• Guest medical protection: $1,000
• Loss of use: $9,000

Overall satisfaction ratings were obtained from J.D. Power’s 2024 U.S. Home Insurance Study. The agency’s scores are based on customer surveys that rate insurance companies on factors like price, policy offerings and claims.