Jetty vs toggle home insurance is an unusual comparison, because neither company is really selling home insurance at all. Both sell renters insurance, and both replace something different. Jetty replaces your cash security deposit at move-in. Toggle replaces the clunky annual renters policy with a flexible monthly subscription. If you own a house, neither one is for you.
If you rent, the choice usually is not made on price. It is made on access. Jetty is only available if your landlord already partners with them. Toggle is being wound down by its parent company, Farmers. Those two facts decide this comparison for most readers before coverage limits ever enter the conversation.
Jetty Vs Toggle Home Insurance: Quick Comparison
The table below compares the two side by side. Read the availability row first.
| Feature | Jetty (Jetty Protect) | Toggle |
|---|---|---|
| Average Annual Rate | ~$150–$180/yr ($12–$15/mo) | ~$180–$240/yr ($15–$20/mo) |
| Starting Price | $5/month | $5/month |
| Underwriter | State National Companies (Markel) | Farmers Insurance Group |
| AM Best Rating | A (Excellent) | A (Excellent) |
| JD Power Score | Not ranked — too small | 800/1,000 (Farmers, below segment average) |
| NAIC Complaint Ratio | Elevated for its size | Not published separately from Farmers |
| States Available | 45 states, partner properties only | 33 states + DC, brand sunsetting |
| Bundling Discount | None — no auto product | Via Farmers, up to 20% multi-policy |
| Claims Satisfaction | Mixed; fast small claims | Below average per JD Power |
| Mobile App Rating | No standalone app | ~4.5 stars iOS |
| Signature Product | Jetty Deposit (deposit alternative) | Credit Lift (rent reporting) |
The headline difference in jetty vs toggle home insurance is what each product is bolted onto. Jetty sells through property managers. Your leasing office hands you a signup link, and the renters policy rides along with the deposit replacement. Toggle sold directly to consumers online, with no landlord involvement at all.
However, that direct channel is closing. Farmers has confirmed it is sunsetting the Toggle brand. Toggle has already stopped renters coverage in Mississippi and Arkansas, nonrenewing 866 policies and 390 policies respectively. For example, a Mississippi renter who bought Toggle in 2024 has already been told to find another carrier.
Coverage Options: Jetty vs Toggle
Both carriers cover the standard four pillars. That means personal property, personal liability, loss of use, and medical payments to others. Neither covers flood or earthquake damage. Typically you would need a separate policy for those perils with either company.
Jetty includes replacement cost coverage on belongings as standard. Many budget carriers charge extra for that. Jetty also sells “Power-Ups,” which are small targeted add-ons. The bedbug Power-Up pays up to $300 toward extermination, which almost no competitor offers. There is also an electronics Power-Up covering accidental damage, so a dropped laptop is covered. For a city renter in an older building, the bedbug benefit is a genuinely differentiated feature.
Toggle structured coverage into three tiers: Basic, Standard, and Premium. All tiers carry at least $100,000 in liability. On the other hand, Toggle’s differentiators were lifestyle add-ons rather than property perils. Pet Parent covered vet bills and pet damage. Side Hustle covered gear used for freelance work. Identity Protector handled fraud recovery. Credit Lift reported on-time rent to all three bureaus, and Toggle reported an average 29-point score gain after two months.
In most cases, the coverage question in jetty vs toggle home insurance is really a question of what you own. Jetty protects stuff. Toggle protected a lifestyle. Neither approach is wrong, but they serve different renters.
Rates and Discounts: Jetty vs Toggle
Both advertise policies starting at $5 per month. That figure assumes minimal personal property coverage. Realistic pricing sits higher for both. The national average for renters insurance runs about $18 to $24 per month in 2026.
| Cost Factor | Jetty | Toggle |
|---|---|---|
| Advertised Starting Rate | $5/month | $5/month |
| Realistic Typical Rate | $12–$15/month | $15–$20/month |
| Sample Tiered Pricing | Base + à la carte Power-Ups | $5 Basic / $10.75 Standard / $22.25 Premium |
| Annual Pay Discount | Saves ~$25/year | Available, varies |
| Auto Bundling | Not offered | Up to 20% through Farmers |
| Deposit Replacement | From $7/mo per $1,000 covered | Not offered |
| Credit Check | Soft pull for Jetty Deposit | Standard underwriting |
Discounts are where these two diverge hardest. Toggle sat inside the Farmers family, so multi-policy bundling with Farmers auto could cut costs meaningfully. Jetty has no auto product and no bundling path whatsoever. If bundling matters to you, it is worth comparing your car policy separately — you can compare auto insurance rates at Car Cover Guide to see whether bundling actually beats two standalone policies. Many renters and homeowners assume bundling always wins, and it frequently does not.
Jetty’s real savings are not in the premium. They are in the deposit. Jetty Deposit starts around $7 per month per $1,000 of protection. A renter facing a $2,000 cash deposit might pay roughly $14 monthly instead. That frees up two thousand dollars at move-in. If you keep that cash rather than spending it, you can find bank sign-up bonuses at Bonus Bank Daily and earn a few hundred dollars parking it. However, remember the Jetty Deposit premium is non-refundable, unlike a cash deposit.
Claims Process and Customer Service
Both companies built digital-first claims from the start. Jetty handles claims online through its member portal. Small property claims often settle quickly, sometimes within days. Larger or disputed claims move slower, since State National handles the underwriting side.
Jetty’s weak spot is complaint volume. For a carrier its size, Jetty draws a disproportionate share of consumer complaints. Much of that friction traces back to Jetty Deposit rather than the renters policy. Renters are sometimes surprised when a landlord files a damage claim against the deposit bond, and Jetty then pursues the renter for reimbursement. That is how deposit alternatives work, but it catches people off guard.
Toggle ran claims through the Farmers infrastructure, which is deep and experienced. On the other hand, Farmers scored 800 out of 1,000 in J.D. Power’s 2025 U.S. Home Insurance Study and landed below the segment average for renters satisfaction. Toggle’s app rated well, around 4.5 stars. Jetty has no standalone consumer app. In any honest jetty vs toggle home insurance review, service quality is a wash — both are mediocre in different ways.
Financial Strength and Stability
Here is the plain answer on parent companies: no, Jetty and Toggle do not share one. Jetty is an independent insurtech. Toggle is a Farmers Insurance brand. That matters for what happens next.
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Jetty policies are underwritten by State National Companies, founded in 1973 and rated A (Excellent) by AM Best. Munich Re provides reinsurance backing. Jetty itself is an agency and program manager, not the balance sheet. In February 2025, Jetty merged with rival Rhino to form the largest security deposit insurance platform in the country. Georges Clement leads the combined company. It now serves over six million rental units and partners with 47 of the NMHC top 100 property owners, including Greystar and UDR.
Toggle’s underwriter is Farmers, also rated A (Excellent) by AM Best, with roughly $20 billion in annual premium. Financially, Toggle was never at risk. Strategically, it lost. Farmers is retiring the brand and helping affected customers move to other coverage. So the stability comparison in jetty vs toggle home insurance inverts what you would expect. The tiny startup is expanding. The subsidiary of the insurance giant is shutting down.
Which Home Insurer Should You Choose?
Choose Jetty if: your apartment community already offers Jetty at signup and you want one login for both deposit and coverage; you are short on cash at move-in and replacing a $2,000 deposit with $14 a month solves a real problem; you live in an older urban building where the $300 bedbug Power-Up has actual value; you want replacement cost coverage included rather than sold as an upgrade.
Choose Toggle if: you already hold an active Toggle policy and it has not been nonrenewed yet; you rely on Credit Lift rent reporting to build credit and have not found a replacement; you bundle with Farmers auto and want the multi-policy discount; you need Pet Parent or Side Hustle coverage and no other carrier in your state offers a close equivalent.
The honest verdict: for a new renter shopping today, this is not a fair fight. Toggle is closing, so buying a new policy there means switching carriers again soon. Jetty is the more durable option, but only if your landlord offers it. Most renters cannot buy Jetty Protect at all.
Therefore, if neither is available to you, treat jetty vs toggle home insurance as a useful framework rather than a shortlist. Lemonade, State Farm, and Assurant all write direct-to-consumer renters policies nationwide at similar prices. Ask your leasing office one question first: do you accept a deposit alternative? That answer, not the premium, should drive your decision.
Frequently Asked Questions
Can I buy Jetty renters insurance if my landlord doesn’t partner with Jetty?
Generally no. Jetty Protect is distributed through partner property managers, so you typically need a participating building. Ask your leasing office directly, since Jetty added a large number of properties after the Rhino merger.
Is Toggle renters insurance still available in 2026?
Farmers is sunsetting the Toggle brand, so availability is shrinking state by state. Mississippi and Arkansas policies were already nonrenewed. However, some existing policies remain active, and Farmers says it is helping affected customers find replacement coverage.
Does Jetty Deposit replace renters insurance, or do I need both?
They are two separate products and cover opposite parties. Jetty Deposit protects your landlord against unpaid rent and damage, while Jetty Protect covers your own belongings and liability. In most cases your lease requires renters insurance regardless of how the deposit is handled.
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Official Sources & Resources
For verified information on home insurance ratings and regulations:
- AM Best (Financial Strength Ratings): ambest.com
- NAIC (Complaint Ratios): naic.org
- Insurance Information Institute: iii.org
- FEMA (Flood Insurance): fema.gov
- J.D. Power (Customer Satisfaction): jdpower.com
Content last reviewed August 2026. If you notice any outdated information, please contact us.