Best & Cheapest Renters Insurance In Massachusetts For 2025

Nearly 40% of all households in the state of Massachusetts are renters. The average cost of renters insurance in Massachusetts is approximately $228 per year, or about $19 per month. This makes it an affordable way to protect your personal belongings and liability.

However, the cost is based on several factors.

The two biggest factors that influence the cost of renters insurance in Massachusetts are the risk of severe weather and the age of the home you rent. The type of home you rent is one of the biggest contributing factors for cost in Massachusetts, as over half the homes in the state were built before 1962 and therefore have a higher risk for insurers. Part of this risk is associated with the other biggest factor that influences the cost of renters insurance: location and risk for winter storms and severe weather.

Having had over 15 years of experience as a licensed property and casualty agent, I’ve helped many clients find the right renters insurance to suit their needs and budget. This deep industry knowledge allows me to provide insights that save you time and money while making sure you have the right coverage.

Cheapest Renters Insurance Companies In Massachusetts

State Farm and Lemonade are the cheapest renters insurance companies in Massachusetts. State Farm costs an average of $13 per month, while Lemonade costs around $15.

Best Renters Insurance Companies In Massachusetts 2025

Travelers is the best renters insurance company in Massachusetts, with average monthly premiums of $18.

Use the table below to view the best renters insurance companies in Massachusetts, and their average rates.

How Much Is Renters Insurance In Massachusetts?

The average cost of renters insurance in Massachusetts is typically around $19 per month, or about $228 annually. However, the exact cost can vary significantly depending on several factors. These include the location of the rental property, the value of your personal belongings, the coverage limits, and any additional coverage options you may choose.

Average Massachusetts Renters Insurance Costs – By City

Where you live in Massachusetts can have a significant impact on the cost of renters insurance.

Here’s a table showing the average cost of renters insurance in 10 major cities in Massachusetts:

What Factors Affect The Price Of Renters Insurance In Massachusetts?

Several factors influence the cost of renters insurance in Massachusetts. Understanding these can help you manage your premium:

• Location: Areas near water or prone to severe winter storms and floods often have higher premiums. Carriers in Massachusetts typically do not cover damage from floods and floods often result from hurricanes, Nor’easter events, and winter storms. Similarly, major cities, like Boston, are at risk of theft and other crime.
• Value of Personal Belongings: The more valuable your possessions, the higher your coverage limits and premiums.
• Deductible: A higher deductible can lower your monthly premium but increase out-of-pocket costs.
• Claim History: A history of claims may increase your rates.
• Rental Property Type: According to the National Association of Home Builders, Massachusetts comes in second in terms of the oldest average number of homes; the median age of homes in Massachusetts is 54 years old, with several locations considered preserved by the National Register of Historic Places. This means there is a higher risk of code violations, roof types that cannot support the sustained wind and snow damage that often accompany winter storms, and therefore higher premiums.
• Safety Features: Smoke detectors, security systems, and deadbolts may lower premiums.

Is Renters Insurance Required In Massachusetts?

In Massachusetts, renters insurance is not legally required by the state, but many landlords or property management companies may require tenants to have a policy in place. While the law does not mandate renters insurance, landlords often include this requirement in the lease agreement as a way to protect both the tenant and the property owner.

For tenants, having renters insurance is a wise decision, even if it’s not required by law. It helps safeguard personal property, which may be costly to replace out-of-pocket. Furthermore, renters insurance may provide coverage for temporary living expenses if the rental unit becomes uninhabitable due to a covered event.

While not mandatory, renters insurance can provide peace of mind and financial protection. It’s important to review the lease agreement and check with the landlord to see if it’s a requirement, as failure to comply could result in penalties or lease termination.

Common Renters Insurance Discounts In Massachusetts

Renters insurance providers in Massachusetts offer various discounts that can reduce your premiums:

• Bundling Policies: Combining auto and renters insurance with the same company can lead to savings.
• Security Features: Installing security systems or smoke alarms can result in discounts.
• Claim-Free Discounts: If you haven’t filed claims in several years, you may qualify for lower rates.
• Property Age: Newer, well-maintained homes may qualify for discounts.
• Loyalty Discounts: Long-term customers may receive reduced rates over time.

Common Renters Insurance Claims In Massachusetts

Massachusetts is regularly impacted by Northeast severe weather, including high wind, hail, and tornadoes that happen regularly at the beginning of summer and Nor’easter winter storm events that have high wind and snow in the winter.

For Massachusetts, some historical winter storms have caused a direct loss of 1.4 billion dollars with cities like Boston particularly impacted by severe snow accumulation and wind damage. These claims are among the top renters insurance claims.

Behind that is theft from major cities, as well as water damage from burst pipes.

Does Renters Insurance In Massachusetts Cover Hurricanes and Tropical Storms?

Massachusetts has a history of hurricanes and tropical storms with hurricane season running from the beginning of June through the end of November. Hurricanes are not entirely covered by renters insurance; Hurricane-related destruction from wind damage might be covered but not from flooding or storm surges.

To protect against hurricane damage, renters can add a windstorm endorsement or purchase separate hurricane insurance.

This additional coverage can help with repairs to personal property and provide protection in case of significant damage due to the storm, offering peace of mind during hurricane season.

Does Renters Insurance In Massachusetts Cover Fire?

Massachusetts does experience fire and lightning-related property damage claims, with roughly 25% of total losses in the state attributed to fire. Thankfully as a renter, renters insurance in Massachusetts covers fire damage to personal property and the rental unit itself. If a fire destroys belongings or causes damage to the apartment or house you’re renting, your renters insurance policy will typically cover the cost of repairs or replacement. This includes damage from smoke, heat, and soot.

Renters insurance also provides liability coverage if the fire spreads and causes damage to neighboring units. It’s important to keep an updated inventory of belongings to ensure adequate coverage.

Does Renters Insurance In Massachusetts Cover Winter Storm Events?

Massachusetts regularly experiences winter storm events and renters insurance will cover some aspects of this damage in Massachusetts; if the damage is related to a wind event, hail, or snow load damage, your personal property or the rental unit itself will typically be covered. However, if the damage is caused by subsequent flooding, that is typically not covered unless you purchase additional flood insurance.

Renters should strongly consider this level of protection as these winter storms in Massachusetts, when heavy snow and rain melt, cause flood events which have increased annually since 1980 according to the Massachusetts Emergency Management Agency.

Does Renters Insurance In Massachusetts Cover Flooding?

Renters insurance in Massachusetts does not cover flooding caused by heavy rains, storm surges, or rising water. Flooding is considered a separate peril, and standard renters policies exclude this type of damage. To protect against flooding, renters in Massachusetts must purchase separate flood insurance through the National Flood Insurance Program (NFIP) or private insurers.

Flood insurance will cover damage to personal property and the structure of the rental unit caused by rising water, ensuring comprehensive coverage in flood-prone areas.

Does Renters Insurance In Massachusetts Cover Wind Damage?

Yes, renters insurance in Massachusetts generally covers wind damage caused by events such as windstorms, hurricanes, and hail. Wind-related damage to personal belongings, such as furniture, electronics, and clothing, is usually covered under a standard renters policy.

However, damage caused by hurricanes may require additional windstorm coverage or a rider, as hurricanes are considered a separate risk. It’s important to review your policy to confirm that wind damage is included and to consider additional coverage if necessary for extreme weather events.

What Does Renters Insurance Cover In Massachusetts?

Renters insurance provides essential protection for your belongings and liability, offering financial security in the event of unexpected incidents. Understanding what is covered under a renters insurance policy helps you make informed decisions about your coverage needs. Below, we break down the key components of renters insurance coverage.

Personal Property Coverage

Renters insurance typically covers personal belongings, such as furniture, clothing, electronics, and appliances, in the event of theft, fire, vandalism, or other covered disasters. It helps you replace or repair your possessions up to the policy’s coverage limit.

Medical Payments To Others

This coverage provides small, no-fault medical payments if someone is injured on your property, regardless of who is at fault. It helps cover minor medical expenses without the need for a lawsuit or liability claim.

Additional Living Expenses

If your rental becomes uninhabitable due to a covered incident, such as a fire or storm, renters insurance can cover additional living expenses. This includes the cost of temporary housing, meals, and other expenses while your home is being repaired or replaced.

Liability Coverage

Liability protection is an essential part of renters insurance. It covers legal expenses and medical costs if someone is injured while on your property. For example, if a guest slips and falls in your home, liability coverage can help pay for their medical bills and any legal fees if you are sued.

Hurricane and Windstorm Coverage

Renters can add a windstorm endorsement or purchase separate hurricane insurance in Massachusetts to protect against damage from hurricanes and seasonal storms.

Loss Of Use Coverage

If you cannot use your rental due to a covered event, loss of use coverage can help with extra costs such as hotel stays and transportation.

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