Learn more about our top picks for the cheapest renters insurance companies. We like that State Farm has the lowest rates for policies with personal property coverage of $15,000, $30,000 and $50,000.

Rhino renters insurance comes with very limited coverage, so it's not the best choice for most people. Its security deposit insurance makes sense only if you can't afford the deposit on your own.

Whether your renters insurance policy uses replacement cost or actual cash value (ACV) coverage affects your premiums. If your belongings are stolen or damaged, ACV coverage takes into account ...