Average Renters Insurance Cost in Massachusetts

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Renters insurance costs in Massachusetts vary depending on various factors, including the coverage amount, insurance company and individual circumstances. The average cost of renters insurance in Massachusetts is $262 per year or $22 per month for a coverage limit of $40,000 for personal property coverage, $300,000 in liability coverage and a $1000 deductible. These are average rates, and actual premiums may differ.

Key Takeaways

The average cost of renters insurance in Massachusetts is $262 per year or $22 per month.
State Farm provides the least expensive renters insurance in Massachusetts at an average rate of $134 annually.
Renters insurance rates can vary significantly among insurance companies. Compare quotes to find the best deal on renters insurance in Massachusetts.

Average renters insurance cost in Massachusetts per month

In Massachusetts, the average monthly cost of renters insurance is $22. However, premiums can differ depending on factors such as your rental’s location, the value of your personal belongings and the level of coverage you select. Experts recommend comparing quotes from different insurance companies to find the best deal.

Average renters ins cost per month	Difference compared to national average
$22	equal

Average renters insurance cost in Massachusetts by company

State Farm offers the most affordable renters insurance in Massachusetts at an average annual rate of $134, followed by Vermont Mutual and Travelers, based on our data.

However, you should get multiple quotes from various renters insurance companies in Massachusetts because the prices vary greatly among carriers.

Below, we have compared the average annual and monthly renters insurance rates of insurance companies across Massachusetts.

Company	Average annual rate	Average monthly rate
State Farm	$134	$11
Vermont Mutual	$179	$15
Travelers	$208	$17
Andover Insurance	$217	$18
Allstate	$248	$21
Safety Insurance	$268	$22
Amica Mutual	$269	$22
Arbella Insurance	$289	$24
Mapfre Insurance	$407	$34

Renters insurance calculator in Massachusetts

$244/year

Estimated renters insurance rates in Massachusetts

$20

Monthly renters insurance cost in Massachusetts

-1%

Compared to national average

Average cost of renters insurance in Massachusetts by coverage level

On average, Massachusetts renters pay $262 each year for insurance for a coverage limit of $40,000 in personal property, $300,000 in liability protection and a $1,000 deductible.

Reducing your personal property coverage from $40,000 to $20,000 can lower your renters insurance cost in Massachusetts to $173 per year. This policy still includes $300,000 in liability protection and a $1,000 deductible. However, you should ensure that $20,000 is adequate coverage for your personal belongings before making this change.

Below are the average annual renters insurance costs in Massachusetts for personal property coverage of $20,000 and $40,000.

Coverage level	Average annual renters insurance rate	Average monthly renters insurance rate
$20,000 with $500 Deductible and $100,000 Liability	$176	$15
$20,000 with $500 Deductible and $300,000 Liability	$191	$16
$20,000 with $1,000 Deductible and $100,000 Liability	$159	$13
$20,000 with $1,000 Deductible and $300,000 Liability	$173	$14
$40,000 with $500 Deductible and $100,000 Liability	$274	$23
$40,000 with $500 Deductible and $300,000 Liability	$293	$24
$40,000 with $1,000 Deductible and $100,000 Liability	$244	$20
$40,000 with $1,000 Deductible and $300,000 Liability	$262	$22
$60,000 with $500 Deductible and $100,000 Liability	$378	$32
$60,000 with $500 Deductible and $300,000 Liability	$401	$33
$60,000 with $1,000 Deductible and $100,000 Liability	$337	$28
$60,000 with $1,000 Deductible and $300,000 Liability	$358	$30

Average cost of renters insurance in Massachusetts by city

Renters insurance rates can vary widely between cities. To make finding the right policy easier, we’ve broken down the costs by city. Discover how much renters insurance typically costs in different areas of Massachusetts.

Renters insurance rates in Massachusetts by city

See rates in your city

Average cost of renters insurance in Massachusetts by ZIP code

The cost of renters insurance in Massachusetts varies by ZIP code. It’s important to note that the affordability of renters insurance can differ significantly depending on your location.

To provide a more comprehensive overview, let’s see some of the most and least affordable ZIP codes for renters insurance in Massachusetts.

Most affordable ZIP codes for renters insurance in Massachusetts

The amount Massachusetts renters pay for insurance largely depends on their ZIP code. Among all the ZIP codes analyzed, 1701 is the state’s most affordable ZIP for renters insurance, with an average annual premium of $213.

Since rates differ by ZIP code, comparing quotes is one of the simplest ways to get the most affordable renters insurance policy in Massachusetts.

ZIP code	City	Average annual rate	Average monthly rate
1701	Framingham	$213	$18
1801	Woburn	$216	$18
1752	Marlborough	$216	$18
1880	Wakefield	$218	$18
1760	Natick	$219	$18
1803	Burlington	$219	$18
1434	Devens	$220	$18
2451	Waltham	$221	$18
1770	Sherborn	$221	$18
1524	Leicester	$222	$18

Least affordable ZIP codes for renters insurance in Massachusetts

Among the ZIP codes analyzed by Insure.com, the least affordable ZIP code for renters insurance in Massachusetts is 2203, with an average cost of $380 a year or $32 monthly.

We analyzed quotes from multiple insurance providers across every ZIP code in Massachusetts. Below, you’l find the average annual renters insurance premiums broken down by ZIP code.

ZIP code	City	Average annual rate	Average monthly rate
2203	Boston	$380	$32
2137	Readville	$372	$31
2564	Siasconset	$358	$30
2573	West Chop	$358	$30
2552	Menemsha	$357	$30
2554	Nantucket	$352	$29
2152	Winthrop Town	$351	$29
1152	Springfield	$350	$29

Final thoughts: Average renters insurance in Massachusetts

Renters insurance is a must-have for renters in Massachusetts. It protects your belongings in the event of damage from fire, theft, vandalism or any other natural disasters.

To find the best renters insurance at an affordable rate, shop around and compare quotes from multiple insurance companies. In addition to price, consider factors like coverage options, deductibles and customer reviews.

Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.