While you’re renting your apartment in Boston, you’ll want to be sure you have the best Boston renters insurance in place in the event of an emergency. Renters insurance protects you and your personal belongings while you’re living in an apartment, in the case of a break-in, fire, or other potential disasters that could leave you with costly damages. It protects your personal property against damage or loss and insures you in case someone is injured while on your property. If you live in a rented apartment, house or condominium, your landlord's insurance won't cover your personal property in the event that it's damaged, stolen or destroyed. Your landlord’s insurance only covers the structure of the building and any appliances they might have furnished for you, while renters insurance protects you and your belongings.

A renters insurance policy usually provides personal property coverage and liability coverage. Personal property coverage pays to repair or replace your personal belongings while liability coverage covers any claim or lawsuit resulting from bodily injury or property damage to others caused by an accident while on the policyholder's property. Moreover, if your apartment becomes uninhabitable as a result of a disaster, additional living expenses supplied by your renters insurance coverage can help you cover the cost of the associated costs until you move back to your place.

To help you in your search for renters insurance in Boston, you can find the best 10 renters insurance companies in Massachusetts along with rates for five of those companies.

On this page you'll find:

• Best renters insurance companies in Boston
• Average renters insurance rates in Boston
• Average rent cost in Boston

Best renters insurance companies in Boston

In the table below, you can look through the top 10 best Boston renters insurance companies as of October 2019. Policyholders review and rate the insurance companies based on a number of factors, including the customer’s overall rating of the company, the insurer’s customer service, as well as each policyholder’s likelihood to renew and recommend the company to a friend. To qualify for this list, companies needed at least 25 renters insurance reviews and must sell renters insurance in Massachusetts.

*USAA insurance is only available to active and former military members and their families

1. Lemonade Insurance

Lemonade began offering renters insurance in Boston in 2019. The company focuses on providing quick service by leveraging technology. If you need to file a claim with Lemonade Insurance, you do so on the mobile app, and Lemonade will often pay the claim in just minutes. Lemonade Insurance is the best renters insurance company in the country according to customers.

2. USAA

USAA ranks as the second-best Boston renters insurance company, and it’s the top homeowners and car insurance company for the city. Plus, it was No. 1 overall for car, home, and renters nationwide in 2019. USAA is an insurance company that sells to members of the military and their families, and provides earthquake and flood coverage options standard in their renters insurance policies, something most policies wouldn’t include.

3. Geico

Geico is unique as it sells its Boston renters insurance through other licensed insurance companies through the Geico Insurance Agency. Nonetheless, renters have been pleased with their experiences with Geico for renters insurance as it ranks No. 3 in Boston.

4. State Farm

State Farm is the biggest insurance company in America, and also the most reviewed renters insurance company on Clearsurance. They’re not only No. 4 for Boston renters insurance, but ranked No. 2 nationwide in Clearsurance’s 2019 best renters insurance list. State Farm offers a variety of discounts, including for those who want to bundle their Boston renters insurance with other types of insurance. Note: At this time, however, State Farm is currently not writing new business in Massachusetts.

5. Allstate

Allstate is best known for sending their car insurance policy holders a check every six months accident free, but also sells Boston renters insurance, and discounts for bundling your Boston renters insurance with any other policy you may have with them. Allstate ranked No. 4 on Clearsurance’s list of best renters insurance companies nationwide for 2019.

6. AAA

AAA, well known for its roadside assistance program, offers Boston renters insurance at low rates. AAA is unique because being a AAA member also gives you benefits like discounts at movie theaters, restaurants, and other attractions throughout the country. They also offer various discounts, like bundling insurance products with them.

7. Liberty Mutual

Liberty Mutual ranks well for car and home insurance on Clearsurance, but its highest is for renters insurance at 4.07 out of 5 stars. Liberty Mutual offers a variety of discounts on its insurance policies to help its policyholders save money.

8. Travelers

Travelers didn’t have enough reviews to qualify for Clearsurance’s best renters insurance of 2019, but it checks in at No. 8 for top renters insurance in Boston. Travelers is one of the largest writers of property and casualty insurance in the U.S., and offers many other lines of insurance besides renters.

9. Assurant

Assurant ranks 9th on the list of the best Boston renters insurance as of October 2019. Assurant Group also underwrites many of Geico’s policies, including in Boston.

10. MetLife

MetLife checks in at No. 10 for renters insurance in Boston. If you have your car insurance through MetLife and you’re still in school, you may qualify for a 15 percent discount.

How much does renters insurance in Boston cost?

The cost of a Boston renters insurance policy will vary from person to person, but overall it can be a small cost compared to that of having to replace all your items if anything were to happen. You can see in the table below what an average quote would look like from some of the insurance companies from the list of the top Boston renters insurance companies. Out of these renters insurance providers, the cheapest rates come from Travelers, at $16 a month.

To retrieve these quotes, we used a profile of a 25 year old single male renting an apartment in Boston with no roommates or pets with a policy beginning in May 2019. The policies include $20,000 in personal property coverage, $100,000 in personal liability and $1,000 in medical payments to others. The policies have a $500 deductible. Your rates may vary depending on your characteristics and coverage. We were unable to retrieve quotes from USAA, State Farm, AAA and Liberty Mutual.

*Geico sells renters insurance through other licensed insurance companies. The Geico quote listed is for coverage from Assurant Group.

How much does rent cost in Boston?

Boston is a great city to live in, and is full of history and has a large job market, with many companies based out of the city. It can be an expensive city to live in as well, depending on the area. There’s about 685,000 people who live in Boston currently, and an average apartment is around $3,545 a month. This is a 6 percent increase from the previous year.

Buying renters insurance gives you the peace of mind to know you’re protected in the event that something were to happen to your personal belongings or you. Without renters insurance, you could be left footing the bill for an entire apartment’s worth of items. For the most up to date ranking of the best renters insurance companies in the state, visit our best Massachusetts renters insurance page.

Start comparison shopping today to compare insurance quotes from multiple companies. Just enter your ZIP code to get started.

Recap: Best renters insurance in Boston

• Lemonade Insurance: Best renters insurance in Boston
• USAA: Best renters insurance for military members in Boston
• Travelers: Cheapest renters insurance rates in Boston

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