Expertise.com

2024

Last updated:

Best Renter's Insurance Companies in Newark

Our Recommended Top 7

We did the research for you!

  • Licensing
  • User Reviews
  • Mystery Shopping Calls

Our goal is to connect people with the best local professionals. We scored Newark 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.

108Reviewed

67Curated

7Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

Website
1423 McCarter Highway, Newark, NJ 07104
  • Multiple Policy Types

Why choose this provider?

Newark-based MetroPlus Insurance Agency offers an array of risk management strategies to private and commercial clients. Its offerings include renters' insurance, personal umbrella insurance, and personal auto policies as well as coverage for homeowners, floods, and windstorms. Additionally, it provides business policies, such as general liability, commercial auto insurance, workers' compensation, and bonds. The brokerage also provides extensive tax services for employees, businesses, and contractors, including tax preparation and new business registration. It is affiliated with EMC Financial Services.

License Verified:

License: 1523950

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.1
Google
4.0 / 5 (9)
Facebook
5.0 / 5 (4)
Yelp
1.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
4.3
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
360 Chestnut Street, Newark, NJ 07105
  • Multiple Carriers

Why choose this provider?

Conrado Arroyo is a State Farm insurance agent that caters to individuals, families, and businesses in Newark and the surrounding areas. For over 22 years, he has been helping clients renting apartments, condominiums, or residential homes protect their personal belongings like electronics, bicycles, furniture, and clothing through renters' insurance plans. Other coverage available includes liability, inflation, and loss of use. Arroyo also offers auto, homeowners, life, and business insurance, as well as other financial services.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.1
Google
4.1 / 5 (41)
Facebook
5.0 / 5 (5)
Yelp
1.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
1347 Springfield Ave, Irvington, NJ 07111
  • Multiple Policy Types

Why choose this provider?

Hanover Financial Services LLC caters to the insurance needs of customers in Newark. It offers insurance policies to apartment, home, and condo tenants. It provides coverage based on its customers’ requirements to help them protect their assets. The agency also distributes various products, such as health, life, business liability, personal umbrella, dental, and vision insurance. Its staff are property, life, auto, and liability insurance specialists. The company pays close attention to the needs of senior and military clients.

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail
––

Website
340 Franklin Street, Bloomfield, NJ 07003
  • Multiple Policy Types

Why choose this provider?

Diane Smith is a renters' insurance agent who serves clients in Newark and the surrounding areas. She provides a wide range of insurance products and coverage options for renters, homeowners, and condominium owners. She also offers insurance packages for vehicles, properties, and businesses. Some of her other offerings are pet insurance, banking, and annuities. Diane is a State Farm insurance agent who has been providing solutions to the community for three years.

License Verified:

License: 1638446

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (39)
Yelp
5.0 / 5 (2)
Facebook
5.0 / 5 (1)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
199 Halsey Street, Newark, NJ 07102
  • Multiple Policy Types

Why choose this provider?

Halsey Street Agency, Inc., is an insurance company located in the Newark area. It provides personal and commercial insurance products, such as renters' and homeowners' insurance. It also crafts policies for automobiles and motorcycles. The company was founded by insurance broker Angela Roundtree, who has over 25 years of experience in the industry. She was initially an agent manager before starting her own company. The company also caters to people from all over the state.

License Verified:

License: 9363113

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.0
Google
4.0 / 5 (69)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
265 Broad St #8, Bloomfield, NJ 07003
  • Multiple Policy Types

Why choose this provider?

Generazio Associates, Inc., provides renters' insurance to customers in Newark and its nearby communities. It offers coverage for injuries sustained by guests inside homes and apartments rented by policyholders. The insurance plan also covers fire damage and includes the adjacent units affected by the disaster. In addition, renters' insurance policies provide protection in cases of burglary and loss of personal possessions. Generazio Associates has been in business for more than 45 years.

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
4.9
Google
4.9 / 5 (53)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
5.0
Responsiveness
Friendliness
Helpfulness
Detail

Website
491 Bloomfield Avenue, Montclair, NJ 07042
  • Multiple Policy Types

Why choose this provider?

Schumacher Insurance Agency is a team of knowledgeable insurance professionals that has been providing services to clients in Newark and the surrounding areas since 1978. As an independently owned agency, it offers renters' insurance that protects one's belongings in a rented apartment or house. It will also cover the renter's liability in case of injuries inflicted on other people. Renters' insurance will cover the replacement cost of items that were lost, stolen, or damaged by fire.

License Verified:

License: 1207565

State of New Jersey Banking and Insurance

Reputation:

We scour the internet for reviews from well-known resources. Each provider is evaluated based on the quality and quantity of their reviews, their presence on multiple review sites, and their average minimum rating.
5.0
Google
5.0 / 5 (337)
Facebook
5.0 / 5 (2)

Professionalism:

We hire mystery shoppers to call our providers anonymously and evaluate them. Providers who respond quickly, answer questions thoroughly, and communicate politely score higher.
3.7
Responsiveness
Friendliness
Helpfulness
Detail
––

FAQs

  • What are the coverages of a renters insurance policy in Newark?

    A Newark renters insurance policy includes four primary coverages:

    • Personal Property (Coverage C) protects personal property from specific events.
    • Loss of Use (D) helps with additional living expenses when an insured event makes a rental unit unlivable.
    • Personal Liability (E) offers legal defense for those facing personal injury or property damage lawsuits.
    • Medical Payments to Others (F) addresses medical bills for people injured in a rental unit or bitten by a renter's dog.
  • What damages are not covered by renters insurance policies in Newark?

    A standard renters insurance policy in Newark does not cover damage from floods or earthquakes. Residents may need to obtain separate policies to protect against these specific risks. Other exclusions include:

    • Damage from vermin.
    • Damage resulting from purposeful actions by the rental's owner or anyone living on the property
    • Freezing pipes under certain conditions.
    • Mold damage unrelated to a covered incident.
    • Repeated water seepage.
  • Is it mandatory to have renters insurance in Newark?

    No, renters insurance is not legally mandated in Newark. However, many landlords and property management firms may stipulate the requirement for this insurance within lease agreements, which is permissible by law. Landlords may actually be benefiting residents by mandating this insurance as the state is prone to extreme weather conditions like hurricanes and snow storms.

  • How can first-time apartment renters in Newark lower their renters insurance premiums?

    First-time apartment renters in Newark can lower their renters insurance premiums by choosing higher deductibles. However, they should carefully consider the amount they're willing to pay out-of-pocket if they need to file a claim. Since deductible levels influence insurance rates, selecting an amount that aligns with one's financial situation is essential.

  • In what way does renters insurance help with rental applications in Newark?

    In Newark, having renters insurance helps a rental application stand out. The city's rental market is still quite competitive despite increasing costs. With renters insurance, applicants can demonstrate their preparedness to protect themselves and the property from unforeseen events. This proactive step provides them an advantage in the city's tight rental scene.

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