Why Every Renter in Massachusetts Needs Renters Insurance

This is the most common misconception among renters. Your landlord's insurance covers the structure of the building — the walls, roof, and common areas. It does not cover your furniture, electronics, clothing, jewelry, or any of your personal belongings. If there's a fire, a burst pipe, or a break-in, you're on your own without renters insurance.

A standard renters insurance policy covers three main things: 1. Personal property — your belongings if they're damaged, destroyed, or stolen (even outside your apartment) 2. Personal liability — if someone is injured in your apartment or you accidentally damage someone else's property 3. Loss of use — additional living expenses if your apartment becomes uninhabitable due to a covered loss Some policies also include medical payments to others if a guest is injured in your home.

Renters insurance is one of the most affordable insurance products available. Most renters in Massachusetts pay between $15 and $30 per month — often less than $200 per year. For that price, you get coverage for thousands of dollars worth of belongings and significant liability protection. It's one of the best values in insurance.

• Your apartment is broken into and your laptop, TV, and jewelry are stolen • A kitchen fire damages your belongings and you need to stay in a hotel for two weeks • Your dog bites a visitor and they sue you for medical expenses • A pipe bursts in the unit above you and floods your apartment • Your laptop is stolen from your car Without renters insurance, all of these costs come out of your pocket.

More and more Massachusetts landlords are requiring renters insurance as a condition of the lease. Even if yours doesn't, it's in your best interest to have it. Some landlords will ask for proof of coverage before you move in — we can provide that same day.

Getting renters insurance is fast and simple. At Amara Insurance Group, we can typically quote and bind a renters policy the same day. We compare rates from multiple carriers to find you the best coverage at the lowest price. Most policies start at under $20/month.