Hanover Insurance Homeowners vs. State Farm Renters Insurance

Side-by-side comparison ยท Updated 2026 ยท Independently reviewed

Hanover Insurance logo
Hanover Insurance Homeowners
Hanover Insurance
4.0

Agent-only. Excellent for older homes. Guaranteed replacement cost. A AM Best.

Full review โ†’
State Farm logo
State Farm Renters Insurance
State Farm
4.3

From $12/mo. Replacement cost included. Bundle with auto for 17% off.

Full review โ†’
WealthSpott Verdict

State Farm Renters Insurance wins on more measurable categories. Hanover Insurance Homeowners may still be worth a quote depending on your location and coverage needs โ€” premiums vary widely.

Feature
Hanover Insurance Homeowners
State Farm Renters
WealthSpott Rating
4.0 / 5
4.3 / 5 Best
Coverage Type
Home Insurance
Renters Insurance
Avg Annual Premium
~$1,860/yr
~$134/yr Best
AM Best Rating
A
โ€”
J.D. Power Score
โ€”
โ€”
Mobile App Rating
โ€”
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Hanover Insurance Homeowners
Full review
State Farm Renters Insurance
Full review

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