Is rental insurance a good idea?

Yes. If you can afford it, renters insurance is usually worth it. It will protect your belongings, provide liability coverage, and may cover your personal items when you travel. Renter's insurance protects you from a long list of perils, as well.

Why is renters insurance required and what companies should you go with

How much is renters insurance in Massachusetts?

The average annual premium cost for renters insurance in Massachusetts is $425 or $35 a month. The least expensive zip code for renters insurance is 1515, its average rate is $370 annually.

How much is renters insurance California?

How much is renters insurance in California? The average cost of renters insurance in California is $204 a year, or approximately $17 a month. That's higher than the national average of $179 a year.

How much does renters insurance cost in MA?

The average cost of renters insurance in Massachusetts overall is $16 per month, or $193 per year.

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Do you need renters insurance in Massachusetts?

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?

The average cost of renters insurance is about $15 to $20 per month1. However, what you end up paying depends on a number of factors. Take a look at the information below to find out how your home or apartment renters insurance cost is determined.

Should I Get Insurance For My Rental Property?

How much does renters insurance cost in Boston MA?

The average cost of renters insurance in Boston is $22 per month, or $262 per year. Currently insured? It's free, simple and secure. While rates can vary among providers, most renters insurance policies offer affordable and valuable protection against losses from theft, damage and personal liability.

Do I need renters insurance in California?

While renters insurance is not required by law in California, some landlords may require it for you to live in their building. It's generally a good idea to have at least some form of coverage as your landlord's insurance is not liable for any damage to your personal property.

What is the average monthly cost for renters insurance in the US?

The average renters insurance cost in the U.S. is $179 per year, or about $15 per month, according to NerdWallet's latest rate analysis. We based this estimate on a policy for a hypothetical 30-year-old tenant with $30,000 in personal property coverage, $100,000 in liability coverage and a $500 deductible.

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Insurance 101 – Renters Insurance

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