Yes, Progressive sells renters insurance in most states

Progressive offers renters insurance in all 50 states except Florida, where it stopped writing new policies in 2023. You can get a quote online, by phone, or through an agent. The coverage works the same way as other renters policies: it protects your belongings if they're damaged or stolen, covers liability if someone is injured in your rental, and pays for temporary housing if your place becomes unlivable.

Progressive is one of the larger renters insurance carriers, so you'll find their rates and coverage options listed alongside competitors like State Farm, Allstate, and GEICO when you compare quotes. They're not the only choice, and whether they're the right choice depends on what discounts you may have access to for and what coverage limits you need.

Key Takeaways

  • Progressive writes renters insurance in 49 states but not Florida as of 2023.
  • You can bundle renters insurance with auto insurance through Progressive for a discount on both policies.
  • Progressive offers standard coverage for personal property, liability, and additional living expenses, with options to add coverage for high-value items.
  • Your actual rate depends on your location, what you own, your claims history, and which discounts you may have access to for — comparing quotes from at least two or three carriers usually saves money.

What Progressive renters insurance covers

Progressive's renters policy includes three main parts. Personal property coverage pays to replace or repair your belongings — furniture, electronics, clothes, kitchen items — if they're damaged by fire, theft, vandalism, or other covered events. You choose a coverage limit (often called the policy limit), and that's the maximum Progressive will pay for all your stuff combined.

Liability coverage protects you if someone is injured in your rental or if you accidentally damage someone else's property. If a guest slips on your floor and sues you, or if you accidentally damage your landlord's walls, liability coverage pays their medical bills or repair costs up to your policy limit. Progressive typically offers liability limits of $100,000, $300,000, or $500,000.

Additional living expenses (sometimes called loss of use) covers hotel, food, and other costs if a covered event makes your apartment unlivable — a fire, for example. Progressive pays the difference between what you normally spend and what you have to spend while displaced, up to your policy limit.

How Progressive's pricing and discounts work

Progressive calculates your rate based on your location, the coverage limits you choose, your claims history, and the deductible you select. A higher deductible (the amount you pay out of pocket when you file a claim) lowers your premium. Most renters policies start with a $250 or $500 deductible, but you can often choose $1,000 or higher to reduce the monthly cost.

Progressive offers several discounts that can lower your rate. Bundling renters insurance with an auto policy through Progressive usually saves 5 to 15 percent on both policies, though the exact amount varies by state and your specific situation. Other discounts may include paying your premium in full upfront instead of monthly, having safety devices like smoke detectors or deadbolts, or maintaining a clean claims history.

The only way to know what you'll actually pay is to get a quote. Progressive's rates vary significantly by neighborhood and building type, so two apartments a few blocks apart can have very different premiums. Comparing quotes from Progressive, State Farm, Allstate, and at least one smaller carrier usually takes 15 to 20 minutes and often reveals savings of $100 or more per year.

Adding coverage for high-value items

Standard renters insurance has limits on certain categories of belongings. Jewelry, cash, and collectibles typically have a sub-limit — meaning Progressive might pay only $500 for all your jewelry even if your overall personal property limit is $30,000. If you own expensive items, you can add scheduled personal property coverage (sometimes called a rider or endorsement) to cover them for their full value.

To add scheduled coverage, you'll need to list the items and provide proof of value — a receipt, appraisal, or photo. Progressive charges an extra premium for this coverage, but it removes the sub-limit and covers the item at its stated value. This is worth doing if you own engagement rings, watches, art, musical instruments, or other items worth more than a few hundred dollars.

Bundling renters insurance with Progressive auto insurance

If you already have auto insurance through Progressive or are considering switching, bundling renters insurance with it usually costs less than buying each policy separately. The discount varies by state and your individual situation, but bundling often saves 10 to 15 percent on your total premium.

Bundling also simplifies billing — you get one bill for both policies and one customer service contact if you need to make changes or file a claim. If you switch insurers later, you can keep your renters policy with Progressive and move your auto policy elsewhere, or vice versa, though you'll lose the bundle discount.

How to get a Progressive renters insurance quote

You can start a quote on Progressive's website by entering your address, the coverage limits you want, and your deductible preference. The online tool will ask about your claims history and any safety features in your apartment. You'll get an instant quote and can buy the policy online if you want coverage to start right away.

If you prefer to talk to someone, you can call Progressive's phone line or work with an independent agent who represents Progressive. An agent can answer questions about what coverage you actually need and help you understand the trade-offs between different deductibles and limits. Some people find this helpful, especially if they own valuable items or have questions about what's covered.

Comparing Progressive to other renters insurance carriers

Progressive is a solid choice, but it's not automatically the cheapest or the best for every person. State Farm, GEICO, Allstate, and smaller carriers like Lemonade or Hippo often have lower rates in certain areas or for certain situations. Someone with a clean claims history in a low-crime neighborhood might get a better rate from State Farm, while someone in a high-density urban area might find GEICO cheaper.

The only way to know is to compare. Most people who shop around get quotes from three to five carriers and find that rates vary by $100 to $300 per year. Spending 20 minutes comparing usually pays for itself many times over. You're not locked in — renters insurance is month-to-month or annual, and you can switch carriers whenever you want.

Frequently Asked Questions

Can I get Progressive renters insurance in Florida?

No. Progressive stopped writing new renters insurance policies in Florida in 2023 and does not renew existing policies. If you live in Florida, you'll need to get renters insurance from another carrier. State Farm, Allstate, GEICO, and smaller carriers still write policies there.

What happens if I don't have renters insurance and my apartment burns down?

Your landlord's insurance covers the building structure, not your belongings. If you don't have renters insurance, you lose everything — furniture, clothes, electronics — and have no coverage for temporary housing costs. Renters insurance is inexpensive (often $10 to $20 per month) and protects you from this risk.

Does Progressive renters insurance cover water damage from a burst pipe?

Yes, if the pipe burst suddenly and wasn't caused by neglect or lack of maintenance. Damage from a gradual leak you ignored is not covered. Damage from flooding (heavy rain, overflowing rivers) is also not covered under standard renters insurance and requires a separate flood insurance policy.

Can I cancel my Progressive renters policy anytime?

Yes. Renters insurance policies are typically month-to-month or annual, and you can cancel with a phone call or online. If you paid for a full year upfront, Progressive will refund the unused portion. There's no penalty for canceling early.

What's the difference between actual cash value and replacement cost coverage?

Actual cash value pays what your belongings are worth today, accounting for depreciation — a five-year-old laptop is worth less than a new one. Replacement cost pays what it would cost to buy the same item new. Replacement cost coverage costs more but pays more when you file a claim. Progressive offers both options.