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.

How much does renters insurance cost in Boston?

In Boston, renters insurance policies cost an average of $275 per year, or about $23 per month. While rates can vary among providers, most renters insurance policies offer affordable and valuable protection against losses from theft, damage and personal liability.

How much does renters insurance cost per month?

Average Cost of Renters Insurance (2020) The average renters insurance policy costs about $16 a month. Find out where you can get it for less. Only 40% of renters have renters insurance coverage, but that doesn’t mean you should pass on getting a policy for yourself.

How does renters insurance work in Boston MA?

After an apartment fire, it’s very difficult for most people to purchase all the things they’ve lost, and it can be very expensive as well. A renters insurance policy in Boston generally offers replacement cost coverage, meaning you get the amount of money necessary to replace the things you had with something of like kind and quality.

How much does renters insurance cost in Maine?

State Average annual renters insurance cost Average monthly renters insurance cost Difference from national average annual Louisiana $234 $20 $55 Maine $149 $12 -$30 Maryland $161 $13 -$18 Massachusetts $191 $16 $12

How much does renters insurance cost in Alabama?

Average renters insurance rates by state State Average monthly cost Average annual cost Alabama $29 $346 Alaska $16 $187 Arizona $17 $204 Arkansas $30 $360