Renters’ Insurance Overview
Renters’ Insurance Key Facts
- A typical renter’s policy covers you for your personal property, liability, and increased living expenses.
- MA does not require that tenants have a renter’s policy, but many landlords do, and regardless, it should be considered a necessity if you are renting.
- Your renter’s policy premium is largely based on the value you place on your contents. If you feel your contents don’t have much value, your policy is likely going to be very inexpensive, about $20 a month or less. If on the other hand, you have high value items that need additional protection, such as an engagement ring, there are additional riders and endorsements to protect them.
Frequently Asked Questions
Don’t all rental policies cost the same?
Isn’t rental insurance expensive?
How do I determine how much coverage I need for my contents?
Can I add my roommate to my renters’ policy?
Renters Insurance Service Area
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Danvers, MA 01923
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