Toggle offers affordable renters insurance coverage that can suit almost every financial situation, including college students. Its base policy provides a blanket property coverage of $1,000 and liability coverage, but you can customize from there if you like.
Summary: Toggle’s customizable policies are an excellent alternative for individuals with fewer belongings or those looking for additional coverage on their main policy.
Fees & Coverage
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|HQ||Woodland Hills, CA|
|Rates From||$5/month ($7/mo in GA & NJ)|
|Annual Coverage||Min. $1,000 (personal property) & $100,000 liability, Up to $71,000 (personal property) & Max. $300,000 liability|
|Deductibles||$100, $250, $500, or $1,000|
|Full Replacement Value||Available|
|State Restrictions||Available in 26 States|
Toggle was founded by the Farmers Insurance Group, which has been offering insurance services for over 90 years. With vast experience in the insurance industry, you can have confidence in Toggle’s policy and receive coverage that provides value for your money.
Purchasing Toggle’s coverage policy is straightforward. You can get started by simply entering your full name(s), address, and date of birth to sign up. The insurer ‘soft pulls’ your credit history and displays a quote instantly. You will be able to personalize your policy by selecting coverage limits and deductibles.
Toggle’s policy can begin immediately. You must meet all the eligibility requirements, pay your monthly premium, and set up your account to start your policy. This happens in one simple step online after you are finished customizing your policy quote. The provider offers one-year coverage, which automatically renews upon expiration when the new premium is paid. A Toggle policyholder can toggle their coverages up, down, or off by logging into their account at any time.
Policyholders can also automatically email landlords proof of coverage when purchasing a policy, a common requirement when leasing a residence. If you provide Toggle the landlord’s email address when signing up, Toggle will take care of the rest. Like most other insurance providers, Toggle payments are made monthly, like a subscription. The platform does not accept annual payments made in full.
Toggle is referred to as an all-risk insurer. It covers all events apart from the ones explicitly indicated in the policy. Like other insurance providers, Toggle renters insurance offers coverage for medical payment, liability, and loss of use.
The provider offers three types of coverage. They include:
The insurer encourages clients to personalize their plans to suit their needs and financial situation. The basic renters’ policy offers liability coverage up to $100,000 and a blanket personal property coverage of $1,000. Toggle has a deductible of $1,000, but you can choose a deductible as low as $100 if you prefer. The table below shows how Toggle splits your coverage into six categories beyond the blanket coverage.
|Property Covered||Toggle’s Basic Plan||Toggle’s Standard Plan||Toggle’s Premium Plan|
|Furniture & Appliances||$0||$4,000||$6,000|
|Fashion & Jewelry||$0||$2,000||$,3000|
|Creative & Maker||$0||$1,000||$3,000|
This renters insurance company allows you to select the amount that can suit your personal property needs. Your monthly premiums and total costs vary depending on the coverage you choose. An attractive feature about Toggle’s customizable insurance policy is that the provider allows you to purchase coverage for items you need. So, you do not have to pay for what you do not need.
Another factor affecting your coverage cost is the type of endorsement you purchase. The following are some of the endorsements offered:
Toggle’s digital platform is easy to navigate. Policyholders can file their claims online within minutes by providing the following details:
The insurer also requires you to describe the incident. You may be required to upload photos and any supporting documents. Toggle compensates your claims via check or electronic money transfer.
Toggle has a dedicated customer support staff that will guide you through all your insurance needs, customize your policy and provide coverage solutions that meet your budget. The support is offered online to potential customers so that the shopping experience can be quick and easy.
You can contact the support staff by submitting your question through the digital platform or using the chat option. The support staff operates during the following hours:
Although Toggle is relatively new on the market, the insurance provider is owned by Farmers Insurance Group; a trustworthy household name in the industry. The platform also has an A+ rating from AM Best and Standard & Poor financial rating agencies.
Toggle’s customizable and flexible coverages can be an excellent alternative for potential policyholders seeking an affordable plan that suits their budget. Since the policy travels with you to every destination, you do not have to worry about getting covered when traveling. This feature can help policyholders save hundreds of dollars. Toggle has also received a good rating from top financial rating agencies regarding its financial stability. The wide range of coverage options and flexibility can almost suit every policyholder.