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2024

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Best Renter's Insurance Companies in New York, NY

Our Recommended Top 8

We did the research for you!

  • Licensing
  • User Reviews
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Our goal is to connect people with the best local professionals. We scored New York City Renter's Insurance Companies on more than 25 variables across five categories, and analyzed the results to give you a hand-picked list of the best.

3061Reviewed

1839Curated

8Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

129 West 27th Street, New York, NY 10001

Expertise.com Rating

Review Sources

Facebook
5.0 (3)
Google
5.0 (1)

Why choose this provider?

Co-Op Insurance provides a range of insurance products for tenants or house or condominium owners in New York City and nearby areas. It helps tenants understand the importance of a renters' insurance plan, which provides coverage for their personal belongings, liability protection, and additional living expenses when their rented property is damaged. It also offers condominium policies that cover losses in case of theft or natural calamities. Additionally, Co-Op Insurance serves as a division of Honig Conte Porrino, an insurance brokerage founded in 1902.

  • Multiple Policy Types

40 British American Boulevard, New York City, NY 12110
WebsiteLicense: 1028795

Expertise.com Rating

Review Sources

Facebook
3.0 (33)

Why choose this provider?

Effective Coverage is an insurance company that serves individuals, property owners, renters, and residential tenants in New York City. The company specializes in various renters' insurance policies, which typically cover bodily injury, medical expenses, and property damage from natural disasters and malicious mischief. Its owner and CEO, Eric Narcisco, started the company with the aim to provide a quality customer experience for renters and educate them about the importance of insurance. To date, it has insured more than 600,000 people in the U.S.

  • Multiple Policy Types

122 East 42nd Street, New York, NY 10168
WebsiteLicense: 995588

Expertise.com Rating

Review Sources

Google
4.0 (171)
Facebook
4.0 (5)

Why choose this provider?

Insurent Lease Guaranty is based in New York City that provides rental guarantor services to its customers. It accommodates different types of renters from different levels of income, age, and credit score. With its mission to provide a stress-free experience in finding an apartment to rent, the company acts as a lease guarantor for renters. Over 725,000 apartments accept its services in different states, including New York. It also provides services to property owners and brokers.

  • Multiple Policy Types

90 Broad Street, New York, NY 10004
WebsiteLicense: 1419117

Expertise.com Rating

Review Sources

Google
5.0 (38)
Yelp
1.5 (3)

Why choose this provider?

Castle Rock Capacity LLC is an insurance brokerage that serves private and commercial clients in New York City. It offers a range of risk management solutions, including homeowners' and renters' insurance, as well as health and life insurance. It also provides coverage for weddings, automobiles, and boats. Additionally, it provides extensive business policies, including technology errors and omissions coverage and terrorism insurance. Castle Rock Capacity Insurance Agency is a member of the EPIC Group of Insurance Companies. Its founders have extensive experience as underwriters.

  • Multiple Policy Types

50 West 23rd Street, New York, NY 10010
WebsiteLicense: 1295513

Expertise.com Rating

Review Sources

Google
4.7 (982)

Why choose this provider?

Policygenius is an independent insurance broker that provides its services in New York City. Established in 2014, it considers itself as a marketplace that sells different insurance policies, including renters' insurance, from different companies. This structure allows a comparison of which policy best fits the client's needs. Its team commits to being readily available to provide assistance, and the firm also has guides and other tools written in simple English regarding different insurance products including auto, health, and wills & trusts.

  • Multiple Policy Types

111 Broadway #1103, New York, NY 10006
WebsiteLicense: 795987

Expertise.com Rating

Review Sources

Google
5.0 (1)
Yelp
5.0 (1)

Why choose this provider?

Leo Fitzgerald & Associates Inc. has been serving individuals and businesses in New York City for over 85 years. The company consists of third-generation specialists, providing renters', homeowners', life, health, and auto insurance. Its renters' insurance policy covers the structure, personal belongings, and liability in case of a disaster. Its agents recommend insurance coverage for tornadoes, floods, and earthquakes. The company also offers general liability insurance for various businesses and contracting types, including excavation, demolition, masonry, and carpentry.

  • Multiple Carriers

75 Maiden Lane, New York, NY 10038
WebsiteLicense: 614761

Expertise.com Rating

Review Sources

Yelp
5.0 (31)
Google
3.8 (10)
Facebook
5.0 (1)

Why choose this provider?

New York City-based Gotham Brokerage Co., Inc., has been serving the insurance needs of residents of the Big Apple and the surrounding communities for over 50 years. It carries renters' insurance that covers wind damage, theft, limited water damage, personal liability, damage to property of others, and accidental fire damage. This plan also protects the clients against credit card and check forgery. Additionally, Gotham Brokerage provides homeowners insurance, co-op/condo insurance, and auto insurance. Moreover, it caters to homeowners in 15 states.

  • Multiple Policy Types

4869 Broadway, New York, NY 10034
WebsiteLicense: 1092166

Expertise.com Rating

Review Sources

Google
5.0 (326)
Facebook
5.0 (13)
Yelp
2.0 (4)

Why choose this provider?

Jari Santiago is an insurance agent based in New York City who set up her own State Farm office in 2014. She and her team aim to provide a variety of financial services and insurance products to individuals and businesses in the local community. They offer renters', home, and property insurance, as well as policies that provide life and health coverage. In addition, they give their clients access to investment opportunities such as annuities and mutual funds.

  • Multiple Policy Types

Compare our Top Renter's Insurance Companies

NameExpertise RatingAddressPromotionsLearn more
Co-Op Insurance
129 West 27th Street, New York, NY 10001
Effective Coverage
40 British American Boulevard, New York City, NY 12110
Insurent Lease Guaranty
122 East 42nd Street, New York, NY 10168
Castle Rock Capacity LLC
90 Broad Street, New York, NY 10004
Policygenius
50 West 23rd Street, New York, NY 10010
Leo Fitzgerald & Associates Inc
111 Broadway #1103, New York, NY 10006
Gotham Brokerage Co., Inc.
75 Maiden Lane, New York, NY 10038
Jari Santiago
4869 Broadway, New York, NY 10034

FAQs

  • Can two unrelated tenants in New York City share renters' insurance?

    Yes, two unrelated occupants in New York City can purchase a renters' insurance policy together. In terms of liability, insurance providers frequently consider this arrangement manageable. When both parties choose shared coverage, they have equal access to the policy's benefits. In the event of an incident, such as a fire, the insurer pays a joint claim with a single check. The renters must then agree on how to divide the funds.

  • Does a New York City landlord’s insurance policy cover a renter’s personal belongings?

    No, a landlord's insurance policy in New York City does not cover the renter's personal belongings. While it is a legal requirement for landlords to insure their properties, this only covers the building's physical structure and not the tenant's personal belongings. Renters are responsible for obtaining their own insurance to protect their belongings from potential perils such as fire or water damage.

  • What does a standard renters' insurance policy in New York City cover?

    A standard renters' insurance policy in New York City covers personal belongings, liability in the event of injury or property damage to others, and additional living expenses if the renter is forced to relocate due to significant damage from a covered peril. Optional add-ons such as home cyber protection, replacement cost coverage, and additional liability protection are available to renters.

  • What factors determine the cost of renters' insurance in New York City?

    The total value of personal belongings, the age of the building, the selected deductible amount, and the installed safety features all affect renters' insurance costs in New York City. Insurance rates may be lower for newer buildings, and the installation of safety features such as fire alarms can help to reduce costs even further. Insurance rates are typically higher when personal property values are higher and deductibles are lower.

  • Is it advisable for tenants in New York City to retain their renters' insurance when subletting their apartment?

    Yes, tenants in New York City should keep their renters' insurance when subletting their apartment. This coverage protects any personal items they leave behind and provides liability coverage in the event of injuries on the property. Having a subtenant does not always result in higher insurance costs. Tenants can lower their premiums by bundling their auto insurance coverage with their renters' insurance.

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