Expertise.com

2024

Last updated:

Best Renter's Insurance Companies in Rio Rancho, NM

Our Recommended Top 3

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 Rio Rancho 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.

34Reviewed

21Curated

3Top Picks

Learn about our selection process.

Providers

featured provider = Featured Provider

4100 Southern Blvd. SE Suite 3C, Rio Rancho, NM 87124
WebsiteLicense: 1800004920

Expertise.com Rating

Review Sources

Google
4.9 (46)

Why choose this provider?

The Berger Agency is an insurance company serving clients in Rio Rancho. It offers homeowners', condo, auto, motorcycle, and business insurance. The agency also specializes in renters' insurance, providing liability coverage to clients' belongings in case of theft, vandalism, or damages from fire or natural disaster. Its owner, Jalene Berger, has been helping clients manage the risks of everyday life for more than 33 years. To give back to the community, Jalene and her associates assist and donate to abused survivors.

  • Multiple Carriers
  • Multiple Policy Types

750 Broadmoor Blvd NE, Rio Rancho, NM 87124
WebsiteLicense: 16180113

Expertise.com Rating

Review Sources

Google
4.8 (35)
Facebook
5.0 (11)
Yelp
5.0 (3)

Why choose this provider?

Based in Rio Rancho, Jason Chandler is a State Farm insurance agent that has been helping individuals and families acquire an assortment of insurance products for over a decade. These products include renter's, homeowners', life, and health insurance. He also works with corporate clients and business owners, assisting them in finding commercial insurance products to cover their property and equipment. Chandler regularly supports charitable organizations in New Mexico, such as the Make-A-Wish Foundation, where he previously served on its board of directors.

  • Multiple Policy Types

1751 Rio Rancho Drive SE, Suite 102, Rio Rancho, NM 87124
WebsiteLicense: 9371

Expertise.com Rating

Review Sources

Google
4.9 (63)
Facebook
4.8 (17)
Yelp
5.0 (1)

Why choose this provider?

Jeff Valler is a State Farm insurance agent based in Rio Rancho. He has been offering various lines of insurance, including renters', homeowners', auto, and life insurance since 2017. Before becoming a State Farm agent, Jeff was a math teacher and basketball coach. The work experience taught him to build relationships and have conversations. He now uses this experience to learn what is most important to policyholders. Jeff is accessible to clients via phone, virtually, or through in-person appointments.

  • Home and Auto Insurance

Compare our Top Renter's Insurance Companies

NameExpertise RatingAddressPromotionsLearn more
The Berger Agency
4100 Southern Blvd. SE Suite 3C, Rio Rancho, NM 87124
Jason Chandler
750 Broadmoor Blvd NE, Rio Rancho, NM 87124
Jeff Valler
1751 Rio Rancho Drive SE, Suite 102, Rio Rancho, NM 87124

FAQs

  • What is the disadvantage of actual cash value coverage in a Rio Rancho renter's insurance policy?

    The fact that actual cash value coverage in a Rio Rancho renter's insurance policy considers depreciation rather than covering the full replacement cost of an item is a significant disadvantage. This means that if a claim is filed, the compensation received will be a fraction of the original cost of the damaged item, after depreciation. For those seeking full replacement coverage, there are two options: pay a higher premium or choose a policy specifically designed to include replacement coverage.

  • What are some limitations and exclusions that are stipulated in a standard Rio Rancho renter’s insurance policy?

    A standard Rio Rancho renter's insurance policy comes with limitations and exclusions, encompassing reduced coverage for specific items like musical instruments and expensive jewelry and an absence of coverage for events such as floods and earthquakes. In cases where valuable items exceed coverage limits or are exposed to risks not covered by the standard policy, individuals may find it necessary to obtain an additional policy or coverage to ensure adequate protection.

  • Should a Rio Rancho tenant forego the purchase of a renter’s insurance policy if they do not have many possessions or valuable belongings?

    No, a Rio Rancho tenant should not forego purchasing renter's insurance if they do not have many possessions or valuable belongings, because the cost of replacing even meager possessions if they are inadvertently lost is staggering. The vast majority of renters will never be able to afford this amount without going into debt or breaking the bank.

  • What is the difference between a Rio Rancho renter’s insurance and a homeowners’ insurance?

    The difference between Rio Rancho renter's insurance and homeowners' insurance is that the former only covers a tenant's personal belongings, whereas the latter covers the actual structure as well as its contents. A landlord usually has only the latter and does not buy the former. Only a renter's insurance policy will compensate for a tenant's possessions if an accident or vandalism destroys them.

  • What is the price of a renter’s insurance policy in Rio Rancho?

    In New Mexico, where Rio Rancho is located, the average cost of renter's insurance is $19 per month. The cheapest policy available in the state can cost as little as $9 per month. The average renter's insurance premium in New Mexico is higher than the national average, which is $18 per month.

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