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.
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.
Average monthly cost
Average annual cost
Difference from state average (%)
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
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.
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.
Average annual cost
The Andover Companies
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.
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.