Renters Insurance Massachusetts
Comparing Renters and Owners Insurance in 2013 in Massachusetts
There were 34540 burglaries reported in Massachusetts in 2012. The landlord's policy does not cover renter's damages like burglary. Thus to get protection from events like fire, burglary and other disasters renters insurance is essential.
Renters Insurance Coverage Types:
Actual cash value policy:
The Actual cash value policy covers the depreciated value of loss. An example of this is – a $4830 Camera might be worth only $2420 in six months and that is the amount the insurance pays for.
Estimated Renters Insurance for Different House Types in Massachusetts
|House Type||Median Rent||Estimated Renters Insurance|