Toggle Renters Insurance Review

Toggle is unusual--if not unique--in offering a true all-perils renters insurance policy. Their policies cover earthquakes (except in California), floods, tornadoes, breakage, dog bites, and more in addition to the usual coverage for theft, property damage, and liability. Policyholders can add a significant other to their policy and can choose between present value and replacement value coverage. Liability coverage can be purchased at the $100,000, $200,000, and $300,000 levels. The company's standard policy also covers bed bug remediation.

Toggle offers some interesting optional coverages that are clearly designed with today's lifestyles (and the risks they entail) in mind. Toggle offers a "pet parent" package (without breed restrictions) that provides coverage when pets damage the residence, when they have to be boarded in situations where the premises become uninhabitable, or when they cause injury to another person. It provides optional coverage to people who have run small businesses--"side hustles"--out of their apartment and for the equipment they use. Side-hustle liability and loss of income coverages are included in this option. For a few dollars more, people can also purchase credit and identity monitoring. Toggle also offers a "credit lift" system that documents on-time rent payments on the policyholder's credit report.

Toggle doesn't offer many discounts off its already-low prices, but it does offer a decreasing deductible with every claim-free year a person is insured. However, another way that Toggle saves policyholders money is by offering them policies that are far more adjustable and customizable than those offered by their competitors. Coverage levels, deductibles, and various optional coverages can be adjusted independently of each other. This ensures that policyholders are just getting the insurance they want, rather than being compelled to select an insurance package that may include features that aren't needed.

Toggle truly excels in how it makes shopping for renters insurance quick and easy. All policies are sold online. The company doesn't have an app, but its website was specifically designed for mobile devices and displays nicely on them.

One of Toggle's most innovative customer service features gives prospective policyholders the ability to see in real time how changing the kind of coverages they buy affects their monthly premiums. This kind of transparency enables customers to assess the inevitable trade-offs between their budgets and their insurance needs.

Since Toggle is one of the newer entries in the renters insurance market, it doesn't have much reputation evidence yet to evaluate. The company doesn't have reviews or comments on the BBB or Trust Pilot. We encourage Toggle customers to leave comments about the company on our site and others so that other consumers can benefit from such experiences.

Although Toggle is a new insurance brand, it's owned and backed by Farmers Insurance, which has been around for over 90 years and is one of the largest insurers in the country. Policies are underwritten by Farmers and its subsidiaries, so prospective customers shouldn't worry unduly about the company being unable to pay claims.