Nevada renters insurance

Nevada renters insurance coverages

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

While renters insurance isn't mandated by Nevada law, your landlord or rental company may require you to have renters insurance. Even if it's not required, renters insurance can provide critical and cost-effective protection for tenants throughout the Silver State.

Is renters insurance worth it in Nevada?

Renters insurance is an affordable way to protect yourself as a tenant in various situations. For example:

• You throw a party, and a friend gets cut on broken glass. Medical payments coverage may pay for their hospital bills related to the incident.
• Your belongings are stolen in a burglary of your apartment unit. Personal property coverage may pay to replace your stolen items, up to your policy limits.
• A fire causes damage to your apartment building. Loss of use coverage may pay for your hotel stay and other expenses, up to your policy's limit, while your residence is repaired.

How much is renters insurance in Nevada?

Progressive renters policies in Nevada had an average monthly price of $17.69 or $212.25 for an annual policy in 2023.^** Remember that your cost for renters insurance is determined by several components, such as your location, type of residence, and claims history.

Coverage limits can also affect your policy's cost. Generally, the more personal property coverage you need, the more you pay for a renters policy. Use our personal property calculator to help you take a home inventory and estimate the value of your belongings.

How can I save on renters insurance in Nevada

Take advantage of renters insurance discounts to save on your renters insurance in Nevada. Progressive offers several discounts, such as bundling multiple policies, quoting in advance, and paying in full. You may also save if you live in a gated or secured community.

There may also be discounts that are only available in your state or county. You can call 1-866-749-7436 or talk to an agent in your area to help ensure you're getting all applicable discounts.