Arkansas renters insurance

Arkansas renters insurance coverages

Check out the four standard coverages on nearly all Arkansas 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 Arkansas 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 Arkansas?

Renters insurance isn't required by law in Arkansas, but your landlord or rental company may require you to have a policy before you can move in. Even if renters insurance isn't required, a renters policy may offer crucial protection for tenants renting apartments, condos, or homes.

Is renters insurance worth it in Arkansas?

Renters insurance is an affordable way to stay protected as a tenant. Consider the following scenarios where renters insurance may help:

• A windstorm damages your building, and you must move out while repairs are being made. Loss of use coverage may cover the cost of your temporary lodging along with food and grocery expenses, above what you'd typically spend, up to your coverage limits.
• A guest slips and falls at a party in your home; your medical payments coverage may pay for medical bills, up to your coverage limit.
• Your backpack and laptop are stolen from your car. Personal property coverage may pay to replace your stolen items, up to your policy's limits.

How much is renters insurance in Arkansas?

Progressive renters policies in Arkansas had an average monthly price of $27.11 or $325.32 for an annual policy in 2023.^** Remember that your cost for renters insurance is determined by many factors, including your location, type of residence, and claims history.

Coverage limits can also affect your premium. Taking a home inventory can help you determine the right amount of coverage. Use our personal property calculator to estimate the value of your belongings.

How can I save on renters insurance in Arkansas?

Take advantage of renters insurance discounts to lower your policy premium. Progressive offers discounts for 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. You can call 1-866-749-7436 or speak to an agent to help ensure you're getting all applicable discounts.