$16 per month
The average price we found for renters insurance in Massachusetts is $16 per month, but some companies charge even less. The cheapest rates we found were from Amica and Geico, where you can pay just $14 per month for $30,000 of property coverage.
How much is renters insurance per month in Massachusetts?
The premiums for renters insurance average between $15 and $30 per month depending on the location and size of the rental unit and the policyholder’s possessions. To help determine how much coverage you need, make a comprehensive list of your possessions, including purchase prices, model numbers and serial numbers.
Is it mandatory to have renters insurance in Massachusetts?
The short answer is yes. A landlord in Massachusetts can require a renter to obtain renter’s insurance. Having said this, a landlord can reasonably require a tenant to purchase such insurance with sufficient coverage.
Is it renter’s or renters?
A renter is a person who pays rent in other to use something that to belongs to someone else be it a house, room or even a car. But a tenant can be a renter, free occupier or a caretaker of someone’s property eg. House, Room etc.
Do you need renters insurance in MA?
In Massachusetts, there is no state law that requires renters insurance, but you will likely need one before you sign a lease with your landlord or property management company. It’s generally a good idea to have it and is usually a very affordable way to safeguard your personal property.
How much does renters insurance cost in Massachusetts?
Renters insurance only costs a few dollars a month but can save you thousands if the worst ever happens. We collected dozens of quotes from across Massachusetts to find the best, most affordable options for renters to protect their belongings.
How much does renters insurance cost in California?
For example, $30,000 worth of coverage in California costs an average of $15.17 a month while renters insurance in Texas costs an average of $21.50 a month for the same amount of coverage. Below are the average costs per month for different levels of coverage in the U.S.
How much does renters insurance cost in Alabama?
Average renters insurance cost by state (2020) State Average annual renters insurance cost Alabama $235 Alaska $166 Arizona $178 Arkansas $212
Which is the least expensive state for renters insurance?
The least expensive states for renters insurance are Iowa and Nebraska at an average of $120 per year, and the most expensive is Mississippi at an average of $258 per year. Why should I buy renters insurance?
