Best renters insurance companies in Massachusetts

When choosing the best renters insurance company in Massachusetts, make sure you’re comparing on more than just price. We’ve compared quotes, coverage options and J.D. Power scores from all the major insurers in Massachusetts. Below is our list of best renters insurance companies in Massachusetts based on that analysis, with our score out of five. Note that USAA only offers coverage to military families.

CompanyAverage rating(out of 5)
State Farm5
Travelers3
Allstate2.5

Compare the best renters insurance companies in Massachusetts

Comparing quotes from multiple insurance carriers is one way to ensure you will get your money’s worth. There can be big differences in price between different renters insurance providers, so it pays to shop around. Ensure you buy from a company offering affordable renters insurance and consistent customer service.

To simplify your task, we have compared the carriers for Massachusetts residents based on their average rates and ratings from J.D. Power. Among the carriers surveyed, State Farm is the best renters insurance company in Massachusetts. It earned 844 out of 1000 from J.D. Power and has an average renters insurance rate of $115.

The table below offers a detailed comparison of renters insurance companies in Massachusetts.

CompanyJ.D. Power ScoreAverage Annual PremiumAM Best Ratings
State Farm844$115A++
Travelers835$200A++
Allstate835$224A+

How much is renters insurance in Massachusetts

Massachusetts residents pay an average of $234 a year for renters insurance, and the average monthly cost is $20. That’s for a policy with personal property coverage of $40,000, liability coverage of $100,000, and a deductible of $1,000.

What you pay for renters insurance will not be the same as a neighbor’s price because it depends on factors specific to each person: the property you want to insure, extra coverage options you add, and the deductible amount you choose.

“The number one thing that’s most important is to get good liability. A renter’s policy will default to $100,000 liability,” Josiah Hatch, an insurance pro with Bender Hatch Insurance in Boston, said. “It costs next to nothing to go from $100,000 to $500,000. I want to say it’s probably 10 bucks a year. It’s really cheap to get a lot of extra coverage. I always recommend getting the most liability you can because that’s, at its core, what insurance is all about: the worst-case scenario.”

Average Annual PremiumAverage Monthly Premium
$234$20

Most expensive ZIP codes in Massachusetts for renters insurance

Several factors affect your renters insurance coverage cost in Massachusetts, including your location and the coverage you buy. The most expensive ZIP code in Massachusetts for renters insurance is 2203, where the average annual rate is $355 which is $121 more than the state average insurance premium.

The following table lists the most expensive ZIP codes in Massachusetts for renters insurance.

ZIP codeAverage Annual Rate
2203$355
2133$354
2137$338
2110$325
2108$324
2199$323
2215$320
2163$318
2564$317
2573$316

Least expensive ZIP codes in Massachusetts for renters insurance

Renters insurance rates in Massachusetts are cheaper in some areas. Based on a rate analysis by Insurance.com, the least expensive ZIP code for renters insurance in Massachusetts is 1515, and its average annual rate is $194.

Below, you’ll find the least expensive ZIP codes for renters insurance, along with their average annual rates.

ZIP codeAverage Annual Rate
1515$194
1506$196
1535$197
1501$198
1540$199
1542$200
1451$201
1453$202
1247$203
1092$204

Compare renters insurance rates by city in Massachusetts

Renters insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on renters insurance for your specific city in Massachusetts.

CityAnnual insurance premium
Boston
$324
Brockton
$263
Cambridge
$220
Fall River
$235
Lowell
$225
Lynn
$219
New Bedford
$253
Quincy
$223
Springfield
$292
Worcester
$265

Cheap renters insurance in Massachusetts by company

There are a lot of companies offering renters insurance in Massachusetts. Among the carriers surveyed by Insurance.com, State Farm is the cheapest renters insurance company in Massachusetts; its average annual premium is $115.

Renters insurance prices can vary drastically between companies. That’s why it is important to compare rates and see which company offers the best deal to get coverage at an affordable price.

Below are the best cheap renters insurance companies in Massachusetts and their average annual premiums.

Company NameAverage Annual Premium
State Farm$115
Vermont Mutual$160
Andover Insurance$198
Travelers$200
Amica Mutual$207
Allstate$224
Arbella Insurance$236
Safety Insurance$252
Heritage Insurance Holdings$289
Mapfre Insurance$347

Insurance.com compared renters insurance rates in 2022 provided by Quadrant Data Solutions for $40,000 personal property coverage with a $1,000 deductible and $100,000 liability coverage for all available ZIP codes based on a renter with good credit. Content was updated in 2023.

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