Best renters insurance companies in Massachusetts

Vermont Mutual, Andover Insurance and Arbella Insurance are our 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 third-party ratings. Among the carriers surveyed, Vermont Mutual is the best renters insurance company in Massachusetts. It earned a score of 5 and has an average renters insurance rate of $166.

In addition to rates, we also got scores and rating from sources like the National Association of Insurance Commissioners (NAIC) and AM Best for 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.

CompanyAverage annual premiumAM BestNAICInsurance.com rating
Vermont Mutual$166A+0.075.00
Andover Insurance$198A0.084.70
Arbella Insurance$236A0.044.63
Safety Insurance$252A0.184.37
Amica Mutual$258A+0.234.34
Travelers$200A++0.544.25
State Farm$117A++0.954.04
Mapfre Insurance$397A0.073.88
Allstate$224A+0.903.53
Data updated in 2024
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Cheapest renters insurance in Massachusetts

State Farm is the cheapest renters insurance company in Massachusetts based on our rate analysis with an average annual premium of $117.

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 cheapest renters insurance companies in Massachusetts and their average annual premiums.

Company nameAverage annual premium
State Farm$117
Vermont Mutual$166
Andover Insurance$198
Travelers$200
Allstate$224
Arbella Insurance$236
Safety Insurance$252
Amica Mutual$258
Mapfre Insurance$397
Data updated in 2024
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How much is renters insurance in Massachusetts

The average cost of renters insurance in Massachusetts is $244 a year, 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 may differ from your neighbors 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
$244$20
Data updated in 2024
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Massachusetts renters insurance: The most expensive ZIP codes

Where you live in Massachusetts affects how much you pay for renters insurance. The most expensive ZIP code in Massachusetts for renters insurance is 2203, where the average annual rate is $360 which is $116 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$360
2222$359
2133$355
2137$353
2564$339
2573$338
2552$337
2554$333
2152$332
1152$330
Data updated in 2024
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Massachusetts renters insurance: The least expensive ZIP codes

Based on a rate analysis by Insurance.com, the least expensive ZIP code for renters insurance in Massachusetts is 1701, and its average annual rate is $196.

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

ZIP codeAverage annual rate
1701$196
1801$198
1752$199
1880$200
1760$201
2451$203
1542$204
1460$206
1506$210
1031$219
Data updated in 2024
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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
Data updated in 2024
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Insurance.com compared renters insurance rates 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. To rank the best insurance companies, we gathered AM Best financial stability ratings, where an A++ is the best possible score, and National Association of Insurance Commissioners (NAIC) which provides the best practices for the U.S. insurance industry. These factors were used along with rates to find the best companies overall.

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