SmartRatesUSA
Renters Insurance Review📦 Best Belongings Coverage

Nationwide Renters Insurance

Nationwide

Personal property, liability, loss of use & Brand New Belongings. Typical cost $10–$24/month.

At a Glance

Category

Renters Insurance

Typical Monthly Cost

$10–$24

AM Best Rating

A+

Coverage Type

Personal property, liability, loss of use & Brand New Belongings

Key Features

Brand New Belongings replaces items instead of paying depreciated value

Multi-policy discount when bundled with auto

Optional scheduled personal property for high-value items

Pros & Cons

Pros

  • Replacement-cost personal property option
  • Solid bundling discounts with auto
  • Strong financial strength rating

Tradeoffs

  • Not available in every state
  • Full discount eligibility requires bundling

Best for: Renters who want replacement-cost coverage on personal belongings

Frequently Asked Questions

How much does Nationwide Renters Insurance typically cost?

Nationwide policies like this typically run $10–$24/month, though your actual premium depends on your location, coverage limits, and personal risk factors.

Is Nationwide financially stable?

Nationwide carries an AM Best financial strength rating of A+, which reflects the insurer's ability to pay claims. Higher ratings generally indicate stronger financial stability.

Who is Nationwide Renters Insurance best for?

Renters who want replacement-cost coverage on personal belongings.

Other Insurance

Lemonade Renters Insurance

Personal property, liability & loss of use

State Farm Renters Insurance

Personal property, liability, medical payments & loss of use

Allstate Renters Insurance

Personal property, liability, loss of use & identity theft add-on

Premiums shown are illustrative national averages as of 2026 and vary by state, coverage limits, and personal risk factors — get a personalized quote directly from the provider.

← Compare all insurance plans