We evaluated renters insurance rates in 139 cities throughout the state of Massachusetts in order to determine which cities had the cheapest annual renters insurance costs. Based on our sample policy, Massachusetts renters pay an average of $263 per year for their renters insurance. Amica has the best renters insurance rates out of the insurers in our study. Below, we profile the most and least expensive cities in Massachusetts for renters insurance. Read more about our findings, or use our quote tool above to find renters insurance quotes in your area.
- Cheapest Renters Insurance Companies in Massachusetts
- The 5 Best Cities for Renters Insurance in Massachusetts
- Top 5 Most Expensive Cities for Renters Insurance in Massachusetts
Cheapest Renters Insurance Companies in Massachusetts
We collected quotes for our sample residence across 139 cities from Allstate, Liberty Mutual, Amica, and GEICO. Quotes from each company were averaged to find which insurance companies had the best renters insurance rates in Massachusetts. The graph below shows the average annual costs to insure our sample residence by company alongside the state average:
Top 5 Least Expensive Cities for Renters Insurance in Massachusetts
1. Gardner, MA
Gardner is located in the north of Massachusetts, near the border of New Hampshire. The city was named in honor of Colonel Thomas Gardner, who was a political figure and soldier. It was first settled in 1764 and became a hub for lumber and furniture industries in 1805. It was known as the "Chair City" and "The Furniture Capital of New England."
Gardner has the most affordable renters insurance rates out of the 139 cities in our study. Our research found that residents of the city pay an average annual renters insurance cost of $251, which is 5% less than the Massachusetts average. The best renters insurance rates were offered by Amica, the state's cheapest insurer, at a cost of $179 a year, which is $72 less than the city average. Liberty Mutual offered the most expensive rates at $286 per year.
2. Fitchburg, MA
Fitchburg is located less than 15 miles from Gardner, the most affordable city on our list. The city is home to Fitchburg State University with an enrollment of more than 5,200 students. The Nashua River runs through the city and continues all the way to Nashua, New Hampshire. Fitchburg is known for its Victorian-style architecture, built during the 19th century.
The city has the second lowest cost renters insurance rates in Massachusetts. We found that the average annual quote for renters insurance in Fitchburg was $252, which is 4% less than the state average. Amica offered the cheapest quote of $179. And Liberty Mutual quoted the highest rate of $286, which is $23 more than the state average.
3. Leominster, MA
Leominster is located west of Boston and north of Worcester. The city had a large role in the growth of the plastics industry in the United States. It is less than six miles from the second cheapest city in our study, Fitchburg, and less than 20 miles from the most affordable city, Gardner. Leominster and Fitchburg are known together as twin cities but are also rivals in football.
Leominster is the third cheapest city for renters insurance in the state of Massachusetts. On average, residents of the city pay $253 a year for their renters insurance. That represents a rate that is $11 less than the state mean. GEICO and Allstate offered annual quotes of $265 and $280, respectively, for renters insurance. Amica quoted the lowest rate of $179 per year, which is $86 less than GEICO and $101 less than Allstate.
4. Greenfield, MA
The city of Greenfield is the county seat of Franklin County. It lies along the Connecticut River and is near the Vermont border. The city is home to Greenfield Community College, the Franklin County Fair, and the Pioneer Valley Symphony Orchestra. In the 19th century, Greenfield specialized in the tap and die business and was home to the Greenfield Tap & Die Company.
Greenfield ranks as the fourth cheapest city in Massachusetts for renters insurance. The average cost of renters insurance in the city is $254, which is $9 less than the state average. If you're looking for low cost renters insurance, Amica quoted the most affordable rate for the city of $179. Liberty Mutual offered the most expensive quote at an annual cost of $302, which is $32 greater than the second highest quote, from Allstate.
5. Pittsfield, MA
Pittsfield is located to the west of Massachusetts, near the border of New York. It is the county seat of Berkshire County and the largest city in the county. In the late 19th century, the city thrived due to the relocation of Stanley Electric Manufacturing Company from Great Barrington to Pittsfield. The current largest employers in the city are Berkshire Health Systems and Berkshire Concrete Corporation.
The city of Pittsfield had the fifth lowest average renters insurance in the state of Massachusetts. Based on our study, residents pay $9 less than the state average, which represents a 3% savings. Amica offered the best renters insurance quote for the city of $179 per year. GEICO and Allstate offered rates within $6 of each other at $265 and $271, respectively. The highest rate was quoted by Liberty Mutual at $302.
Top 5 Most Expensive Cities for Renters Insurance in Massachusetts
1. Boston, MA
Boston, the capital of Massachusetts, is the most populous city and the most expensive city for renters insurance in the state. It is one of the oldest cities in the United States, founded in 1630. The city is home to 52 institutions of higher education including Harvard and MIT. Boston has one of the highest costs of living in the United States.
According to our study, residents pay an average of $336 for renters insurance, which is 27% more than the state average. The cheapest rate was offered by Amica at an annual cost of $220. Liberty Mutual offered the highest rate of $476, which is over twice Amica's rate and $95 more than the second highest rate in Boston.
2. Chelsea, MA
Chelsea is located across the Mystic River from Boston, the most expensive city on our list. It is one of the smallest cities in Massachusetts in terms of total land area and one of the most densely populated cities in the country. In recent years, Chelsea has added over a thousand homes suitable for young professionals and small families.
Chelsea is the second least affordable city for renters insurance in the state of Massachusetts. The best renters insurance rate in Chelsea was offered by Amica at a cost of $220 per year. The second cheapest annual renters insurance policy was offered by GEICO at $265, which is $45 greater than Amica's quote. Based on our study, the average renters insurance cost in the city is $328, which is 24% more than Massachusetts' average.
3. Winthrop, MA
Winthrop is an ocean-side city, located on a peninsula, near the Boston Logan International Airport. The city is one of the oldest communities in the United States. It was founded in 1630 by English Puritan colonists. Winthrop became a city when it changed its governance to a council-manager form in 2005, but chose to remain known as a 'town.'
According to our research, annual renters insurance quotes in Winthrop vary by $289. Winthrop is the third most expensive city for renters insurance in Massachusetts. On average, residents pay $322 per year, which is 22% greater than the state mean. The best quote was offered by Amica at a rate of $179. The least affordable insurance company in the state, Liberty Mutual, offered the highest rate of $468.
4. Revere, MA
Revere is located approximately five miles from Boston and is adjacent to the second and third most expensive cities for renters insurance, Chelsea and Winthrop. The city faces the Broad Sound which is located in the Atlantic Ocean. Revere is home to the oldest public beach in the United States, founded in 1896.
The cheapest rate in the city of Revere was quoted by Amica at $179 annually. Liberty Mutual offered the highest rate of $468, which is over twice the cost of Amica's quote. Based on our study, Revere ranked as the fourth most expensive city for renters insurance in the state of Massachusetts with an average renters insurance cost of $316. The rates in Revere are 20% higher than the state average.
5. Worcester, MA
Worcester, the second most populous city in Massachusetts, is named after Worcester, England. The city is known as the "Heart of the Commonwealth" and has a heart as the official symbol for the city. Worcester is home to nine colleges and universities including Clark University and University of Massachusetts Medical School.
Worcester ranked as the fifth most expensive city for renters insurance in the state of Massachusetts. Amica quoted the least expensive renters insurance rate in Worcester at $179 annually, which is $86 less than GEICO’s quote of $265. Liberty Mutual quoted the most expensive rate of $407 per year, which is $228 more than Amica's quote for the city. Residents pay an average of $289 per year for renters insurance.
We studied 139 cities, spread throughout the state of Massachusetts. The sample renters insurance policy we gathered quotes for included $30,000 of coverage. Quotes were obtained from Allstate, Liberty Mutual, Amica and GEICO insurance companies. The rates were then averaged to arrive at a mean value for each city. To see an alphabetical list of all the cities included in the comparison analysis, please see below. We’ve displayed all cities with the average annual cost of insurance for our benchmark policy and how much each city costs relative to the statewide average.
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