Jeffrey Wade
Home insurance in Massachusetts is 17% cheaper than the national average, with an average annual cost of $1,595, compared to the national average of $2,110. The cheapest home insurance company in Massachusetts will depend on various factors, including your coverage level, home condition, and personal history. Norfolk & Dedham is the cheapest overall, with rates of $477 per year, followed by Quincy Mutual at $819 per year. The average cost of home insurance also varies across the state, with homeowners in Boston paying an average of $1,685 per year, and those in Worcester paying around $1,575 per year. MAPFRE is the leading home insurance provider in Massachusetts, and other recommended companies include Allstate, Lemonade, and Chubb.
| Characteristics | Values |
|---|---|
| Average Annual Cost of Home Insurance | $1,595 |
| Average Cost of Home Insurance in Boston | $1,685 |
| Average Cost of Home Insurance in Worcester | $1,575 |
| Average Cost of Home Insurance in Housatonic | $1,171 |
| Average Cost of Home Insurance in Chilmark | $4,166 |
| Average Cost of Homeowners Insurance | $1,777 for $350,000 in dwelling coverage |
| Best Home Insurance Companies | Chubb, Amica, Norfolk & Dedham, Quincy Mutual, Lemonade, State Farm, Allstate, USAA, Farmers, Vermont Mutual, MAPFRE |
| Home Insurance Coverage | Dwelling and property, personal property, liability, limited water back-up and sump discharge or overflow, valuable possessions |
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What You'll Learn
- Home insurance in Massachusetts is 17% cheaper than the national average
- The average cost of homeowners insurance in Massachusetts is $1,595 per year
- Norfolk & Dedham is the best overall home insurance in Massachusetts
- Chubb is one of the least expensive options in Massachusetts
- Home insurance rates in Massachusetts have been increasing since 2022
Home insurance in Massachusetts is 17% cheaper than the national average
The cheapest home insurance provider in Massachusetts will depend on your personal circumstances, property type, coverage level, home condition, and personal history. For example, Farmers Insurance is the most affordable option for high-value homes, while State Farm is the best choice for new builds. Norfolk and Dedham is the cheapest overall, with rates of $477 per year, but it may not offer much flexibility in customising your policy.
When choosing a home insurance policy in Massachusetts, it's important to consider the specific risks in the state, such as flooding and nor'easters, which may not be covered by standard policies. You may need to purchase separate flood insurance to protect your home from coastal flooding, river flooding, and floods from heavy rain or hurricanes. Additionally, standard policies typically exclude damage caused by earthquakes.
Some of the top home insurance companies in Massachusetts, based on reliability, affordability, and coverage benefits, include Norfolk and Dedham, Quincy Mutual, Chubb, Amica, Allstate, USAA, Lemonade, State Farm, and Vermont Mutual. MAPFRE is also a leading home insurance provider in the state, offering various coverage options at affordable prices.
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The average cost of homeowners insurance in Massachusetts is $1,595 per year
The cost of home insurance in Massachusetts has been rising in recent years, with an average increase of 10.5% in 2023 and 7.9% in 2024. This is in part due to the varied weather in New England, which can bring heavy snowfall, hurricanes, and lightning. Home insurance in Massachusetts typically covers damage from high winds, hail, and snow, but not flooding. You will need a separate flood insurance policy to cover damage from coastal flooding, river flooding, and floods from heavy rain or hurricanes.
The cheapest home insurance company in Massachusetts will depend on your personal circumstances, including your coverage level, home condition, and personal history. Norfolk & Dedham is the cheapest overall, with rates of $477 per year, but other affordable options include Quincy Mutual, with an average of $819 per year, and State Farm, which is a good option for those with a recent claim.
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Norfolk & Dedham is the best overall home insurance in Massachusetts
Norfolk & Dedham has cheap rates across all home values. For instance, the average cost for a home worth $200,000 is $419 per month, while for a home worth $1 million, the average cost is $1,162 per month. The company also stands out for its great customer service. Helpful local agents work with customers to manage their policies or file a claim. This means it can be easier to get your home repaired after it's damaged. Norfolk & Dedham is also strong financially, earning an A from AM Best for financial strength. This means that customers can feel confident that the company can pay its claims after a disaster.
However, as Norfolk & Dedham is not one of the major national insurance companies, customers will have fewer options for customizing their policies. Nevertheless, Norfolk & Dedham is a top-performing company, recognised by Ward's 50 list of top-performing property and casualty insurance companies in the United States for 2025. The Ward Group evaluates nearly 3,000 P&C carriers annually and selects the top 50 based on consistent financial performance, stability, and long-term results over a five-year period.
In addition to Norfolk & Dedham, there are other insurance companies in Massachusetts that are worth considering. For example, Arbella has the highest-quality home insurance in Massachusetts and gets very few customer complaints. Massachusetts is one of the two states in the country where you can get a policy from Arbella, a top-ranked insurance company. While Arbella's home insurance rates are not the cheapest in Massachusetts, the company offers an excellent set of discounts. For instance, customers can save 25% by bundling their home and car insurance.
Another company worth considering is USAA, which sells homeowners insurance to veterans, active military members, and their families. USAA stands out because it automatically covers personal belongings on a replacement cost basis, while many companies only pay out what items are worth at the time of the claim.
Overall, while there are several strong options for homeowners insurance in Massachusetts, Norfolk & Dedham stands out for its combination of satisfied customers, cheap rates, strong financial performance, and recognition as a top-performing company.
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$4.99 $19.99
$9.98 $10.99
Chubb is one of the least expensive options in Massachusetts
Chubb is one of the least expensive options for homeowners insurance in Massachusetts. While Chubb is not on the nationwide rating for the best homeowners insurance companies, it does appear on many state-specific ratings. The company is the eighth-largest insurance company, insuring over $4 billion in homeowners policies across the United States and Canada.
Chubb's standard policies are remarkably robust, including premium perks that would cost extra with other insurers. Their policies are significantly more robust than those of their competitors. Standard policies include coverage for extended replacement costs, water backup, and identity theft. Chubb also offers a cash settlement if you choose not to rebuild your home.
Chubb's HomeScan® service uses infrared technology to help detect problems behind your walls, such as leaks, missing insulation, and faulty electrical connections. Chubb also offers complimentary home appraisals, where their risk consultants will visit your home to ensure you are fully protected.
Chubb ranked #1 for Homeowners Insurance Customer Satisfaction. The company protects small businesses at every stage and offers pet insurance with top-rated coverage.
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Home insurance rates in Massachusetts have been increasing since 2022
Home insurance rates in Massachusetts have been steadily increasing since 2022, with no signs of stopping. According to the Massachusetts Division of Insurance, the average premium for a typical homeowner in the state was $1,699 in 2020. This increased to $1,818 in 2022, a 7% jump. From 2022 to 2023, home insurance premiums in the state rose by nearly 15%, and the trend continued into 2024, with an average increase of 7.9%. The rising costs of construction, labour shortages, and severe natural disasters are among the primary factors driving up insurance rates.
The impact of these increasing rates is significant, with nearly one in four homeowners cutting back on expenses to afford rising premiums. Finding affordable providers is becoming more challenging, and the situation is particularly difficult for those in affordable housing, who are facing substantial increases in their insurance costs.
In response to these challenges, housing industry leaders have urged Congress and the Biden administration to investigate the causes of spiralling insurance costs. They have proposed remedies such as federally-backed homeowners insurance to address the issue.
Despite the challenges, there are still options for affordable home insurance in Massachusetts. Norfolk & Dedham, for example, offers rates as low as $477 per year, providing excellent value and customer satisfaction. Other insurers with competitive rates include Quincy Mutual, with an average yearly cost of $819, and Plymouth Rock Assurance, which offers discounts for newer homes and claims-free records.
When considering home insurance in Massachusetts, it's important to note that standard policies may not cover flooding damage, which is a significant risk in the state. A separate flood insurance policy is often necessary to protect against coastal, river, and rainwater flooding, as well as hurricane-related flooding events.
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Frequently asked questions
The average cost of home insurance in Massachusetts is $1,595 per year, 24% less than the national average. However, rates vary depending on location, with homeowners in Boston paying an average of $1,685 per year, and those in Worcester paying about $1,575 per year.
The cheapest home insurance company in Massachusetts is Norfolk & Dedham, with rates of $477 per year. However, the cheapest provider for you will depend on your personal circumstances, property type, coverage level, home condition and personal history.
A standard home insurance policy in Massachusetts covers damage to the interior or exterior of your home, including damage from fire, lightning, wind, hail, heavy snow, hurricanes, and frozen pipes. It also covers personal belongings, liability, and additional living expenses if you are temporarily displaced from your home.
Home insurance in Massachusetts typically does not cover damage caused by flooding or earthquakes. You will need to purchase separate flood insurance and earthquake insurance policies for that.
