State Farm, Amica and Travelers are Massachusetts' best cheap renters insurance companies. State Farm is the top company for affordable rates at $12 monthly. Amica has the best customer reputation, and Travelers offers extensive coverage options.
Cheap Renters Insurance in Massachusetts
Updated: April 28, 2025
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Key Takeaways
State Farm offers the cheapest renters insurance in Massachusetts, starting at $149 annually. Amica is the best overall company.
Renters insurance in Massachusetts costs around $28 per month but ranges from $12 to $107.
To get the best and most affordable renters insurance, decide your coverage needs beforehand, research costs and compare multiple quotes.
Massachusetts Renters Insurance Quote Estimates
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Rates updated:
Jun 06, 2025
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Best Cheap Renters Insurance Companies in Massachusetts
| National General | No Data | $107 | $1,279 |
| Amica | 95 | $21 | $253 |
| State Farm | 95 | $12 | $149 |
| Vermont | 88 | $16 | $192 |
| Travelers | 85 | $48 | $574 |
*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.
Compare Personalized Best Cheap Renters Insurance in Massachusetts
While the above list covers most renters, it may not reflect the best options for your needs. Below is a filterable table tailored to your profile to help you find the best choice in Massachusetts.
Data filtered by:Results filtered by:
Select
Coverage Level:$50K Personal Property / $100K Liability
Select
Deductible:1000
Select
Claims History:Claim free for 5+ years
Select
Contents Replacement:Yes
Select
Credit Tier:Good
| State Farm | 95 | $12 | $140 |
| Amica | 93 | $17 | $205 |
| Vermont | 87 | $14 | $169 |
| Andover | 76 | $25 | $299 |
| Farmers | 76 | $25 | $302 |
Best Massachusetts Renters Insurance Reviews
Below, we provide more details about our top picks for affordability, customer service and coverage options for Massachusetts renters insurance.
State Farm: Most Affordable Plans
pros
Lowest rates
Large discount selection
High financial stability ratings
cons
Below-average customer satisfaction
Limited add-on coverage options
COMPANY HIGHLIGHTS
State Farm is Massachusetts' most affordable renters insurance provider, starting at $12 monthly. The company also ranks seventh for claims satisfaction in J.D. Power's property insurance study. State Farm offers strong basic coverage with add-ons like identity theft protection.
Amica: Best for Customer Service
pros
Very high customer satisfaction ratings
Loyalty discount
Large add-on coverage selection
cons
Higher rates than average for most profiles
COMPANY HIGHLIGHTS
Amica has the best customer satisfaction among our Massachusetts renters insurance picks, though it isn't the most affordable option. In recent J.D. Power studies, the company ranks third in claims satisfaction and second in customer satisfaction. Amica's excellent add-on coverage options include earthquake, flood and computer damage protection.
Travelers: Best for Coverage Options
pros
Most extensive add-on coverage selection
High claims satisfaction ratings
cons
Less affordable for most renters in the state
COMPANY HIGHLIGHTS
Travelers is among the most expensive renters insurance options in Massachusetts, but it stands out for its coverage choices. Its unique offerings include Valuable Items Plus Coverage, which protects high-value items like jewelry, fine art, musical instruments and computers. Customers can also benefit from Travelers' improvements and betterments coverage.
Average Cost of Renters Insurance in Massachusetts
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 $50K in personal property coverage, $100K in liability coverage and a $1,000 deductible.
Your rate may vary depending on your profile. The table below provides average rates for your situation based on major factors affecting insurance costs.
Data filtered by:Results filtered by:
Select
Coverage Level:$50K Personal Property / $100K Liability
Select
Deductible:1000
Select
Claims History:Claim free for 5+ years
Select
Credit Tier:Good
Select
Contents Replacement:Covered
| $50K Personal Property / $100K Liability | $28 | $333 |
Average Massachusetts Renters Insurance Cost by City
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 below for the average cost in your city.
| Boston | $318 |
| Cambridge | $250 |
| Lowell | $253 |
| Springfield | $272 |
| Worcester | $270 |
*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.
Massachusetts Renters Insurance: Buyer's Guide
Finding renters insurance in Massachusetts can be hard with so many choices. Below is a guide to help you find the best and cheapest coverage for your needs.
How to Find the Best Cheap Renters Insurance in Massachusetts
Follow these steps to find your best renters insurance option:
- 1
Determine the right coverage level
Know how much coverage you need to find affordable insurance. Think about what property you want to insure and its value. Consider risks like weather damage, local crime rates and pet incidents if you have pets.
- 2
Research costs and discounts
With your coverage needs clear, research average costs for your situation. This will help you determine whether quotes are fair. Also, learn about discounts that could lower your premiums.
- 3
Compare providers
Before getting quotes, compare different insurance companies based on their reputation, costs and coverage options. This will help you focus on the best companies.
- 4
Consider bundling
If you have auto insurance, ask if your provider offers a discount for adding renters insurance. Sometimes, the savings on your auto policy can cover the entire cost of renters insurance.
- 5
Get multiple quotes through different channels
Collect at least five quotes with similar coverage levels. Try comparison sites, insurer websites, brokers and direct calls to agents, as prices may differ.
- 6
Review your policy annually
Insurance prices change often. Review your renters insurance yearly to ensure you still have the lowest rates.
How Much Renters Insurance Do I Need in Massachusetts?
Renters insurance isn't required by Massachusetts law, 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.
Personal Property Coverage Calculator
When figuring out how much renters insurance you need, experts recommend the standard $100,000 in liability insurance and enough personal property protection to cover your possessions. Use MoneyGeek's calculator to estimate the value of your possessions so you know how much personal property coverage to buy.
clothing & accessories
Clothes, shoes, bags, belts, hats, gloves, etc.
Massachusetts Renter Risk Considerations
Below are the risks specific to Massachusetts and considerations for renters seeking additional coverage:
- Weather risks: Massachusetts faces 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, consider adding 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.
How Does Renters Insurance Coverage Work?
Renters insurance typically covers damage to your property, liability to others and loss of use of your rental home. Adding optional coverages can make your policy more comprehensive. Here are the main types of renters insurance coverage:
Coverage Type | Standard or Add-on | Coverage Details |
|---|---|---|
Standard | Pays for damaged or stolen personal items up to your policy limit. Basic coverage reimburses the depreciated value, while replacement cost coverage pays for new equivalent items. | |
Standard | Covers medical and legal costs if someone gets hurt in your rental. Many landlords require this protection. | |
Additional living expenses | Standard | Helps pay for temporary housing, meals and transportation when your rental becomes uninhabitable. Limits vary by insurer. |
Natural disasters | Add-on | Provides coverage for earthquake or flood damage. Available through select insurers as separate policies. |
Parts/Equipment | Add-on | Covers tools, appliances and utilities in your rental |
Scheduled property | Add-on | Insures valuable items up to specific limits |
Identity theft | Add-on | Covers financial losses and legal expenses from identity theft. Some policies include monitoring services. |
Pet liability | Add-on | Protects against injuries caused by your pet, though standard policies may include this |
Modifications | Add-on | Covers custom additions you've made to your rental |
Food loss | Add-on | Reimburses food lost during covered incidents |
Best Renters Insurance in Massachusetts: Bottom Line
Massachusetts' top affordable renters insurance options are State Farm, Amica and Travelers. While these stand out for value and customer satisfaction, always compare multiple companies and quotes to find the best deal for your needs.
Renters Insurance in Massachusetts: FAQ
Below are our experts' answers to frequently asked questions:
What is the cheapest renters insurance company in Massachusetts?
State Farm offers the cheapest renters insurance in Massachusetts, with an average annual premium of $149 or $12 per month.
What is the best renters insurance company in Massachusetts?
Amica is the best renters insurance company in Massachusetts, with a MoneyGeek score of 95 out of 100 due to its strong mix of affordability, customer satisfaction and comprehensive coverage options.
How much does renters insurance cost in Massachusetts?
The average cost of renters insurance in Massachusetts is $333 per year or $28 per month, 38% higher than the national average. Annual premiums range from $149 to $1,279.
Is renters insurance required in Massachusetts?
Massachusetts doesn't legally require renters insurance, but your landlord may. Consider your situation to decide if a policy makes sense for you. Key reasons to get coverage include protecting your belongings from common hazards and covering liability costs if someone gets hurt in your rental.
How We Found the Best Cheap Renters Insurance Companies
To find the cheapest renters insurance in Massachusetts, we used this base profile:
- $50K personal property coverage
- $100K liability coverage
- $1,000 deductible
- Property replacement coverage
- Good credit score
This profile determined our affordability score (60% of the total score). The remaining factors included:
- Customer satisfaction from industry research (25%)
- Add-on coverages (10%)
- Financial strength ratings (5%)
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.
sources
- Insurance Information Institute. "Facts + Statistics: Identity Theft and Cybercrime." Accessed April 25, 2025.
- The Massachusetts Geological Survey. "Natural Hazards." Accessed April 25, 2025.
- U.S. News. "Low Property Crime Rate." Accessed April 25, 2025.