Cheap Renters Insurance in Massachusetts

State Farm, Amica and Travelers are Massachusetts' best cheap renters insurance companies. State Farm offers the most affordable rates at $12 monthly. Amica has the best customer reputation, and Travelers offers extensive coverage options.

*This list shows rates for a renter with good credit, no claims history, $50K in property damage coverage, $100K in liability coverage, a $1,000 deductible and guaranteed replacement.

The above list covers most renters but may not reflect the best options for your needs. The filterable table below is tailored to your profile to help you find the best choice in Massachusetts.

We provide more details about our top picks for affordability, customer service and coverage options for Massachusetts renters insurance:

Massachusetts' average cost of renters insurance is $333 per year, $91 higher than the national average of $242. These rates are based on a policy with $50,000 in personal property coverage, $100,000 in liability coverage and a $1,000 deductible.

Your rate may vary based on your profile. The table provides average rates for your situation based on major factors affecting insurance costs.

Renters insurance costs vary widely by city. The average annual premium in Boston is $318; in Cambridge, it's $250 for a policy with $50K in personal property coverage and $100K in liability coverage. Check the table for the average cost in your city.

*This table shows rates for a renter with good credit and no claims history. Policies include $50K property damage coverage, $100K liability coverage, a $1,000 deductible and guaranteed replacement.

Finding renters insurance in Massachusetts can be hard with so many choices. This guide helps you find the best and cheapest coverage for your needs.

Massachusetts law doesn't require renters insurance, but most landlords require at least $100K in liability coverage. Requirements may vary based on your rental history, credit score and pet ownership. Consider how much property coverage you need, local weather risks, area crime rates and pet ownership when selecting a policy.

Use our calculator to determine your ideal personal property coverage limits and how much renters insurance you need.

Here are the risks specific to Massachusetts and considerations for renters seeking additional coverage:

• Weather risks: Massachusetts has a high risk of earthquake, hurricane and winter storm damage in certain locations. Standard coverage may not protect against these threats in high-risk areas, requiring a separate purchase of additional coverage.
• Crime risks: Massachusetts ranks 47th nationwide for property crime and sixth for identity theft and fraud. For better property damage protection, add supplemental coverage or add-ons to your renters policy.
• Pet ownership: Depending on your pet, consider pet liability coverage. Check how different providers handle pet coverage and whether it's included in standard policies.
• Property types: Standard policies may not fully cover special tools, valuables, electronics or structures like pools on your rental property. Look for companies offering specific add-ons for additional protection.

Renters insurance covers damage to your property, liability to others and loss of use of your rental home. Adding optional coverages makes your policy more comprehensive. Here are the main types of renters insurance coverage:

Massachusetts' top affordable renters insurance options are State Farm, Amica and Travelers. These stand out for value and customer satisfaction, but always compare multiple companies and quotes to find the best deal for your needs.

We answer common questions about renters insurance in Massachusetts:

Massachusetts renters need coverage that protects against both urban and coastal risks. Boston apartment dwellers worry about theft and water damage from aging buildings. Cape Cod renters deal with hurricane season. Western Massachusetts residents need winter storm protection. We designed our analysis to help you find affordable coverage that matches your specific Massachusetts risks.

We used a base profile representing typical Massachusetts renters: $50,000 personal property coverage, $100,000 liability coverage, a $1,000 deductible, property replacement coverage and good credit. This reflects what most Massachusetts landlords require and what protects renters from common losses like apartment fires, theft or liability claims.

Why these profile choices matter

The $100,000 liability coverage isn't arbitrary. Massachusetts ranks sixth nationally for identity theft and fraud, and property crime remains a concern. The $1,000 deductible balances affordable premiums with manageable out-of-pocket costs if you file a claim. Replacement cost coverage matters in Massachusetts because the cost to replace your belongings in Boston or Cambridge is higher than in many other states.

Our scoring approach

Affordability drove 60% of our score because Massachusetts renters pay 38% more than the national average. Customer satisfaction from industry research accounted for 25%. You need an insurer that handles claims well when water damage from a nor'easter floods your apartment. Add-on coverages made up 10% for protection against Massachusetts-specific risks like earthquakes in western regions or hurricane damage along the coast. Financial strength ratings comprised 5% to ensure your insurer can pay claims.