Virginia renters insurance

Virginia renters insurance coverages

Check out the four standard coverages on nearly all Virginia renters insurance policies:

• Personal property protects your personal belongings, including furniture, clothing, and electronics whether they're inside your apartment or elsewhere
• Loss of use helps cover costs associated with an increase in living expenses, up to your policy's limit, if you're unable to stay in your home while it's being repaired or rebuilt due to a covered loss
• Personal liability protects you financially if you're legally responsible for another person's injuries or damage to their property
• Medical payments to others pays for medical expenses due to a covered occurrence

Additional coverages

The best renters insurance in Virginia is always a policy with customized coverage. Here are some extra options for when you need more protection:

• Add a rider: Certain valuable items, like jewelry, may have specific limits on your renters policy. If your item exceeds the limit, you may be able to purchase an endorsement called a rider for your policy to cover the item for its value.
• Personal injury coverage: May pay for legal fees and damages if you're liable for slander or defamation.
• Water back-up coverage: Water that backs up through sewers or drains or discharges from a sump pump may not be covered by a standard renters policy. Water back-up coverage may pay for the damage to your belongings and water removal costs.

Learn more about all of our renters insurance coverages.

Is renters insurance required in Virginia?

Virginia doesn't require renters insurance by law, but your landlord or rental company may require you to have a policy before you can move in. Even if it's not required, renters insurance may provide critical protection whether you're renting a house, condo, or apartment.

Is renters insurance worth it in Virginia?

A renters policy may offer affordable protection when unexpected events happen, and policies are generally inexpensive. Consider the following scenarios where renters insurance may help:

• A windstorm rips a hole in your rental home's roof, forcing you to live elsewhere while your residence is repaired. Loss of use coverage may pay for your hotel stay as well as additional living expenses, up to your coverage limit.
• A friend slips and falls in your home and breaks their wrist. Medical payments coverage may pay for their medical bills, up to your coverage limit.
• Your furniture is damaged in a small apartment fire. Personal property coverage may pay to replace the damaged item(s), up your policy's limit.

How much is renters insurance in Virginia?

Progressive renters policies in Virginia had an average monthly price of $15.00, or $179.97 for an annual policy, in 2023.^** Remember that your cost for renters insurance is determined by several factors, including your location, type of residence, and claims history.

Coverage limits can also impact your premium. Taking a home inventory can help you set accurate limits to ensure you have the right amount of coverage. Use our personal property calculator for help estimating the value of your belongings.

How can I save on renters insurance in Virginia?

Take advantage of renters insurance discounts to lower your policy premium. You can save by bundling multiple policies, quoting in advance, paying in full, and living in a secured or gated community.

There may also be discounts that are only available in your state or county. Call 1-866-749-7436 or speak to an agent in your neighborhood to help ensure you're getting all applicable discounts.