Massachusetts is the most populated state in New England and offers something for everyone, which is what makes it a desirable place to live. With home insurance rates below the national average, homeowners have one more reason to enjoy living in Massachusetts.
The average cost of homeowners insurance in Massachusetts is $1,275 per year or $106 a month. This is 27% cheaper than the national average of $1,754 per year.
But there are other factors you should consider when choosing an insurer. Not sure what to look for? Policygenius can help you figure out your coverage needs and compare quotes from multiple top companies in Massachusetts.
Compare the best homeowners insurance companies in Massachusetts
We found that the best homeowners insurance companies in Massachusetts are Andover, MAPFRE, Safety, Amica, and Chubb.
Policygenius decided on the best insurance company after analyzing thousands of quotes Massachusetts insurers. We then looked at 2022 J.D. Power customer satisfaction scores and compared that with the coverage needs of Massachusetts residents to find the best homeowners insurance in the Bay State.
Company | Average monthly cost | Policygenius rating |
|---|---|---|
$103 | 4.9 out of 5 | |
$98 | 4.8 out of 5 | |
$104 | 4.7 out of 5 | |
$144 | 4.6 out of 5 | |
$123 | 4.3 out of 5 |
Methodology & why you can trust our rates
Policygenius has analyzed home insurance rates provided by Quadrant Information Services in March 2022 for ZIP codes in all 50 states plus Washington, D.C., for a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits:
Dwelling: $300,000
Other structures: $30,000
Personal property: $150,000
Loss of use: $60,000
Liability: $300,000
Medical: $1,000
All rates based on the above coverage limits except where otherwise noted.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs. Your actual quotes may differ.
2023 Policygenius award winner
The Andover Companies
4.9
Offers extended replacement cost
Bundle home & auto
Good student discount
New homebuyer discount
Why we chose it
The Andover Companies is the best home insurance company in Massachusetts for its outstanding customer service, useful coverage options, and cheaper rates than average.
Pros and cons
Pros
Excellent customer service and financial strength ratings
Choose from plenty of coverage add-ons, including water damage, equipment breakdown, cyber, business property, and identity theft protection
Cheaper rates than average in Massachusetts
Cons
No online quote tool or mobile app for managing your policy
Can’t file claims online — must call or visit your local agent in person
More details
Why we chose it
We chose the Andover Companies as the best home insurance company in Massachusetts in part because of its extensive coverage offerings. You can add a range of coverages to a basic policy, including guaranteed replacement cost for your home, replacement cost for other structures and your property, water backup protection, service line coverage, and more.
Andover Companies also has a stellar customer service record. According to the National Association of Insurance Commissioners, Andover Companies receives only a fraction of complaints compared to average.
How do Andover Companies home insurance rates compare to the Massachusetts average?
The average cost of home insurance from Andover Companies in Massachusetts is $1,324 per year, which is 3% cheaper than the statewide average.
How to get quotes
You can get an Andover home insurance quote by contacting a local agent through the company's website.
2023 Policygenius award winner
MAPFRE Insurance
4.8
Bundle home & auto
Offers extended replacement cost
Offers classic car insurance
Mobile app
Why we chose it
MAPFRE Insurance is a top insurer in Massachusetts for its wide range of home insurance coverage add-ons, fewer customer complaints than other insurers, and affordable rates.
Pros and cons
Pros
Cheaper rates than average in Massachusetts
Perks include cash-settlement option and a deductible waiver for claims over $50,000
Special program that pays to restore your historical home using authentic materials
Cons
Only offers four discounts to save on costs — fewer than other home insurance companies
More details
Why we chose it
MAPFRE is one of the best home insurance companies in Massachusetts, especially if you own a historic home. MAPFRE's historic home restoration coverage pays to rebuild your home with authentic materials using restoration specialists and pre-vetted contractors — regardless of your policy's limits.
We also like the other coverages that MAPFRE offers. These include guaranteed replacement cost coverage for your home, replacement cost coverage for your property, and water backup protection, as well as a cash-settlement option, deductible waiver, and self-service claims program.
How do MAPFRE home insurance rates compare to average in Massachusetts?
The average cost of MAPFRE home insurance in Massachusetts is $1,179 per year, which is 8% cheaper than the statewide average.
How to get a quote
You can get a MAPFRE Insurance home insurance quote online or through a local agent.
2023 Policygenius award winner
Safety Insurance
4.7
Bundle home & auto
Insures older homes
Mobile app
New homebuyer discount
Offers extended replacement cost
Why we chose it
Safety Insurance offers affordable, robust home insurance with excellent customer service and financial stability ratings to homeowners in Massachusetts.
Pros and cons
Pros
Excellent coverage add-ons, including water backup, service line, equipment breakdown, and ordinance or law
Receives fewer complaints than expected for its size
Slightly cheaper than average in Massachusetts
Cons
Doesn’t offer flood insurance — a valuable coverage for New England homeowners
More details
Why we chose it
Safety Insurance is one of the best home insurance companies in Massachusetts. Safety's rates are just a little cheaper than average in the state, but Safety also offers discounts that could help homeowners lower their rates even more. Among these discounts is one for bundling home and auto insurance (up to 20%).
Besides affordable rates and discounts, Safety also offers a range of coverage options that residents can add to a basic policy. Some of Safety's coverage options include extended replacement cost coverage for your home, water backup protection, equipment breakdown, and service line coverage.
How do Safety home insurance rates compare to the average in Massachusetts?
The average cost of Safety home insurance in Massachusetts is $1,245 per year, which is 2% cheaper than the state's average annual premium.
How to get a quote
You can get a Safety home insurance quote by contacting an agent.
2023 Policygenius award winner
Amica
4.6
Why we chose it
Amica is the best home insurance company in Massachusetts if you're looking for highly rated customer service. Amica also has many great ways to customize a basic policy and a unique dividend policy option that can reduce the cost of your insurance.
Pros and cons
Pros
Earned #1 ranking in J.D. Power’s claims and customer satisfaction surveys
Lots of coverage add-ons, including extended replacement cost coverage
Unique dividend policy option to earn up to 20% back on insurance premiums each year
Cons
Much more expensive than average in Massachusetts
More details
Why we chose Amica
Amica has the best customer service ratings of any insurer in Massachusetts. Amica has consistently been rated highly on J.D. Power's Claims and Customer Satisfaction Surveys. The company also has a superior A+ rating from AM Best and 20% fewer complaints according to the National Association of Insurance Commissioners than other companies.
Amica's coverage options stack up well against other companies, too. Homeowners can get guaranteed and extended replacement cost coverage for their homes, replacement cost coverage for their personal property, water backup protection, coverage for computers and smart devices, and more.
Finally, Amica offers a unique dividend perk that could help you lower the cost of your home insurance. If you buy a dividend policy instead of a basic policy, you could earn back between 5% and 20% of the cost of your insurance each year, depending on how well the company does financially.
How do Amica home insurance rates compare to average in Massachusetts?
The average cost of Amica home insurance in Massachusetts is $1,729 per year, which is 36% more expensive than the statewide average.
How to get a quote
Online through Amica
2023 Policygenius award winner
Chubb
4.3
All 50 states
Offers flood insurance
Offers extended replacement cost
Offers wildfire insurance
Smart home discounts
Bundle home & auto
Mobile app
New homebuyer discount
Why we chose it
Chubb is the best home insurance company in Massachusetts for people with high-value and luxury homes, as well as other assets that need to be insured, like boats and luxury cars.
Pros and cons
Pros
Extended replacement cost coverage
Cash-out claim settlements
Complimentary wildfire and hurricane mitigation services
Cons
Below-average J.D. Power customer satisfaction ratings
More expensive than average in Massachusetts
More details
Why we chose Chubb
Chubb is the best home insurance company in Massachusetts for high-value homes. While it's more expensive than average, Chubb's coverage offerings and specialized features make it our top pick for high-net worth individuals.
Chubb offers a range of robust coverages on top of its basic home insurance protections. These add-ons include extended replacement cost coverage for your home, replacement cost coverage for your personal property, water backup coverage, blanket personal property coverage, equipment breakdown coverage, and more.
You can also get a few special features with Chubb, like property manager services for a second home, high-tech home inspections, and personalized claims services.
How do Chubb home insurance rates compare to the Massachusetts average?
The average cost of home insurance from Chubb in Massachusetts is $1,471 per year, which is 15% more expensive than the statewide average.
How to get a quote
Online through Chubb
How much is homeowners insurance in Massachusetts?
The average cost of homeowners insurance in Massachusetts is $1,275 per year, or $106 a month, for an insurance policy with $300,000 in dwelling coverage. This means insurance in the Bay State is $479 cheaper than the national average per year.
Massachusetts homeowners insurance rates by city
We calculated the cost of home insurance in Massachusetts's largest cities and found that Medford is the cheapest big city for homeowners insurance in the state, while Brockton is the most expensive.
Here’s a look at the average cost of home insurance in the 20 largest cities in Massachusetts.
City | Average monthly cost | Average annual cost | Difference from state average (%) |
|---|---|---|---|
Boston | $122 | $1,467 | 15% |
Worcester | $108 | $1,299 | 2% |
Springfield | $113 | $1,359 | 7% |
Cambridge | $100 | $1,197 | -6% |
Lowell | $101 | $1,209 | -5% |
Brockton | $139 | $1,670 | 31% |
Quincy | $112 | $1,343 | 5% |
Lynn | $129 | $1,553 | 22% |
New Bedford | $138 | $1,652 | 30% |
Fall River | $125 | $1,502 | 18% |
Lawrence | $117 | $1,398 | 10% |
Newton | $96 | $1,153 | -10% |
Somerville | $99 | $1,188 | -7% |
Framingham | $98 | $1,176 | -8% |
Haverhill | $100 | $1,205 | -5% |
Medford | $95 | $1,135 | -11% |
Malden | $96 | $1,146 | -10% |
Waltham | $96 | $1,152 | -10% |
Taunton | $116 | $1,391 | 9% |
Revere | $138 | $1,660 | 30% |
Massachusetts homeowners insurance rates by coverage amount
The table below highlights the average annual premium in Massachusetts for five different levels of dwelling coverage, which is the part of your policy that covers structural damage to your home.
Generally speaking, more dwelling coverage means higher homeowners insurance rates, as shown in the table below.
Dwelling coverage limit | Average annual cost |
|---|---|
$100,000 | $663 |
$200,000 | $979 |
$300,000 | $1,275 |
$400,000 | $1,599 |
$500,000 | $1,945 |
Cheapest homeowners insurance companies in Massachusetts
Based on our analysis of home insurance rates in every one of the state's ZIP codes, we found that Quincy Mutual, UPC, Farmers, Vermont Mutual, and Plymouth Rock have the cheapest average home insurance rates in Massachusetts.
Company | Average annual cost |
|---|---|
Quincy Mutual | $854 |
$1,005 | |
$1,054 | |
Vermont Mutual | $1,126 |
$1,132 | |
$1,169 | |
$1,179 | |
$1,238 | |
$1,245 | |
Arbella | $1,248 |
$1,307 | |
$1,471 | |
$1,729 | |
$1,775 | |
$1,802 |
Cheapest Massachusetts homeowners insurance if you have an older home
It can cost a lot to insure older homes. That's because they're more prone to structural damage than new homes. Older homes are also often constructed out of materials and with features that would be expensive to replace if they were damaged.
With an average annual premium of $917, Quincy Mutual offers the cheapest home insurance rates in Massachusetts for a home over 100 years old.
Company | Average annual cost |
|---|---|
Quincy Mutual | $917 |
UPC Insurance | $1,013 |
Farmers | $1,046 |
MAPFRE Insurance | $1,113 |
Vermont Mutual | $1,126 |
Narragansett Bay | $1,169 |
The Andover Companies | $1,238 |
Safety Insurance | $1,245 |
USAA | $1,253 |
Chubb | $1,471 |
Arbella | $1,571 |
Plymouth Rock | $1,668 |
Amica | $1,964 |
Pure Insurance | $2,122 |
The Hanover | $4,010 |
Cheapest Massachusetts homeowners insurance if you have a history of claims
Claims history is one of the most important factors insurers use when determining home insurance premiums. If you have multiple claims on your record, you'll typically pay more for home insurance, as insurers will consider you more likely to file future claims than a homeowner with a spotless claims history.
With an average annual premium of $672, UPC offers the cheapest home insurance rates in Massachusetts for someone that's filed three claims within a five-year period.
Coverage options in Massachusetts
When looking at how much each insurance company charges for different coverage levels and risks, you should also be aware of what your policy does and doesn’t cover.
Before you buy homeowners insurance in Massachusetts, you should be sure you're protected against flooding and wintry weather.
Flood insurance
Homeowners insurance doesn't cover damage from floods. Although only a little more than 2% of homes in Massachusetts have flood insurance, you should consider getting a flood insurance policy if you live near the coast or in a low-lying part of the state.
Some companies offer flood endorsements or even separate flood insurance policies. Massachusetts homeowners can compare private flood insurance companies in the state with Policygenius, or choose a policy through a government entity like the National Flood Insurance Program (NFIP).
Insurance for wintry weather
Massachusetts's winters could lead to conditions that damage your home, like heavy snow and fierce winds. Fortunately, most home insurance policies cover damage from wintry weather, like windstorms, frozen pipes, collapsed roofs, and more.
That said, it's always a good idea to make sure that your home is fully protected by adding extended or guaranteed replacement cost coverage to your dwelling coverage if it's available. That way, you will have enough insurance to fully rebuild your home if it were damaged.
How to buy homeowners insurance in Massachusetts
Even if you already know what you want out of a company and policy, it’s still important to shop around to see who has the best homeowners insurance to suit your needs. Here are a few tips that will come in handy when you shop for homeowners insurance in Massachusetts.
Frequently asked questions
Will my insurance cost more if I have a pool on my property?
While not all companies increase rates for pool owners, some do see pools as a liability. There are many factors that go into determining the cost of insurance, however, and you can still find affordable coverage if you shop around.
Why does the average cost of insurance vary so much in Massachusetts?
Like many states, Massachusetts has a variety of people and homes with different factors which determine insurance rates. Homes by the ocean are more susceptible to wind damage, while larger houses in the suburbs may need more dwelling coverage.
Why should I use a Policygenius agent when shopping for insurance?
The experts at Policygenius take the stress out of shopping for insurance. They can help to determine how much coverage you need and then assist in preparing quotes and completing your paperwork.
