Coverage for renters, made easy.
Renters insurance built to protect your belongings, liability, and peace of mind. Learn more about it with Nobile.
Why you need renters insurance
Renters insurance helps protect your personal property, provides personal liability coverage if someone is injured in your unit, and can help cover temporary living expenses if your apartment becomes uninhabitable due to a covered loss.
We know it can sometimes be difficult to get a good policy at a good price. At Nobile, we make it easy to get coverage that works for you.
Need to insure a home? See more on home insurance.
Insuring a condo instead? See more on condo insurance.
More money in your pocket.
We’ve partnered with top-rated carriers to get you the coverage you need at a competitive, affordable price. And we’ll work with you to figure out how we can get you the best price on insuring your unit.
Need to insure a commercial property? See more on commercial insurance.
The cost of renters insurance
Last updated January 2026
Premiums for renters insurance can vary based on several factors. It’s important to understand what affects the cost so you can get the best price for what you have. Here are some of the most common ways your premium may be impacted.
Location
Your unit’s location plays a role in pricing. Renting in a lower-risk or well-protected area can help keep your premium more affordable.
Claim History
Carriers consider your past claim or loss history when calculating your premium. Generally, the more claims on record, the more your premium may increase.
Number of Total Units
The total number of units in your apartment building can affect your premium. Larger apartment complexes often spread risk across more residents, which can result in lower premiums compared to smaller buildings.
Discounts
Many carriers offer discounts that can help reduce your premium, such as bundling renters and auto insurance, having safety features like smoke detectors or security systems, or maintaining a claim-free history.
Coverages and how they work
Some information sourced from Progressive | Last updated January 2026
On every Massachusetts renters policy, you’ll find a breakdown of your coverages, endorsements, and credits. Here’s how it works.
Standard Coverages
Personal Property coverage protects your personal belongings, including electronics, furniture, clothing, and more. For more expensive items like jewelry or collectibles, you may want to consider adding an additional endorsement called Scheduled Personal Property.
Loss of Use or Additional Living Expenses (ALE) coverage may provide cost relief if you’re unable to live in your unit while it’s being repaired or is temporarily uninhabitable. This may include hotel bills, restaurant meals, and other increased living costs.
Personal Liability coverage protects you if you’re found legally responsible for someone else’s injuries or have damaged their property.
Medical Payments coverage may help pay for minor medical expenses if a guest is injured at your rented premises, regardless of fault.
Other Coverages and Endorsements
You can choose to add other coverages to your policy depending on what you need. Here’s a few common ones.
Scheduled Personal Property
Personal Umbrella
Home Computer Coverage
In-Home Business Coverage
Coverage availability and limits vary by carrier and policy.
Discounts for your renters policy
There are many ways to save on your renters policy. Here are some of the most common discounts and credits you may qualify for. Also take a look at our full Discounts page.
Renters Discounts and Credits
- Account Credit (Policy Bundles)
- Claim Free Discount
- Paid-In-Full Discount
- Protective Device Credit
- Endorsement Combination Discount
Availability and amounts vary by carrier and policy. Eligibility factors apply.
Last updated January 2026
Protect what makes it yours.
Renters Insurance FAQs
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There are a few ways to help bring your premium down. Bundling your renters and auto policies with the same carrier is one of the most common. Protective devices, like sprinklers and central station burglar alarms, can also make your premium more affordable.
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Because every unit is different, it’s difficult to provide a true average. Yearly renters insurance premiums will depend on your unit’s location, its size, your coverage amounts and selections, and claim history.
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Yes. We offer a full range of commercial products, including commercial property policies.