+120 more)
)
)
)
)
)
Licensed auto and home insurance agent
4+ years of experience in insurance and personal finance editing
NPN: 20564519
Updated
Homeowners insurance in Massachusetts costs an average of $162 per month for a policy with $300,000 in dwelling coverage, according to Compare.com data. But rates vary widely by insurer, location, home type, and more.
In large part, premiums reflect the cost of rebuilding, which can be higher in Massachusetts due to older homes, strict building codes, and high labor costs. AIG offers the lowest rates on average, with an average monthly cost of $75 for a $300,000 dwelling coverage policy.
In this guide, we break down the best and most affordable insurers and explain how to choose the right home insurance policy for your home. Plus, learn about proven tips to help you get cheaper home insurance today.
The average home insurance premium for $500,000 of dwelling coverage in Massachusetts is $252 per month.
AIG offers the cheapest average home insurance rates, while Amica, Chubb, and State Farm stand out for high-quality service.
Coastal storms, winter weather, and aging housing stock play a major role in determining rates across the state.
No single homeowners insurance company works best for everyone. But some insurers consistently outperform the pack. We chose the following Massachusetts home insurance companies based on a variety of key factors, including average premiums, discount opportunities, customer ratings, coverage options, and more.
Below are our picks for the best home insurance in Massachusetts, according to Compare.com data.
Company | Compare.com Rating | Average Monthly Premium | Average Annual Premium |
|---|---|---|---|
| Amica | 4.78 | $132 | $1,584 |
| Chubb | 4.19 | $308 | $3,696 |
| State Farm | 4.38 | $235 | $2,820 |
| Allstate | 4.18 | $208 | $2,496 |
Amica offers customizable home insurance policies through a highly regarded customer service team. You can also save up to 30% bundling your homeowners with auto insurance coverage, plus dividend payments between 5% and 20% of annual premiums.
Mutual insurance company offering dividends
Top-rated customer and claims satisfaction
No 24/7 claims phone number
Poorly reviewed Android app
Chubb Insurance offers home insurance policies tailored to high-value homes. That means extended replacement cost coverage, risk consulting, cash settlements, and temporary living arrangement coverage that can ensure you live in a similar home and within your school district.
Its HomeScan service provides infrared scanning to detect leaks and other issues behind walls that can lead to costly claims.
Second-best for customer satisfaction
Rated third for claims satisfaction
Mediocre reviews for the Android app
No online quoting
| Our Rating Compare.com's ratings are determined by our editorial team. The objective formula used in these reviews weighs several important factors to consider when choosing financial products and services, including customer satisfaction ratings, ease of use, and a number of other components. | 4.1 /5 |
|---|---|
| J.D. Power J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale. | 643 |
| $300,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $300,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $107/mo |
| $500,000 Dwelling A standard HO-3 home insurance policy typically includes dwelling, personal property, and liability coverage. The average rate displayed here reflects a policy with the following coverage limits: $500,000 dwelling; $25,000 personal property; $300,000 personal liability; $30,000 loss of use; and a $1,000 deductible for medical payments to others. | $144/mo |
State Farm provides high-quality customer service through a team of more than 19,000 local agents, plus a highly-rated mobile app. You’ll find plenty of coverage options, as well as pet insurance and umbrella coverage.
Unfortunately, State Farm isn’t currently selling new home or auto insurance policies in Massachusetts.
Strong customer service
Inflation guard endorsement to avoid underinsurance
Lower-than-average claims satisfaction rating
No bundling with car insurance available
The Hartford offers homeowners policies that customers appear to love. While premiums aren’t usually the lowest, you can save money through its generous discounts, which includes 20% for AARP members. The company also has vanishing deductibles and excellent mobile apps for managing coverage and claims.
Highly-rated claims and customer service
Strong discount for homeowners 50 or older
AARP typically required
Few discount options
Home insurance rates vary by insurance company — sometimes by hundreds of dollars per year. Comparing home insurance quotes regularly is the most effective way to ensure you’re always paying the best rate for the best coverage.
The table below shows the cheapest home insurance companies in Massachusetts for homes insured at $300,000, based on Compare.com data.
Company | Average Yearly Premium |
|---|---|
| AIG | $900 |
| State Farm | $1,284 |
| Preferred Mutual | $1,332 |
| USAA | $1,344 |
| Vermont Mutual | $1,668 |
| Travelers | $1,824 |
| Chubb | $1,944 |
| Amica | $1,992 |
| Allstate | $3,072 |
| National General | $3,864 |
See real-time quotes from top insurers in minutes.
The amount of dwelling coverage you need plays a major role in determining how much you’ll pay. Insurers base your premiums on the cost to rebuild your home, not its market value. So higher rebuild costs (i.e., coverage limits) mean higher premiums. Construction costs, labor prices, and local building regulations influence rebuild estimates and vary across the state.
The following table highlights the average home insurance rates in Massachusetts based on different amounts of dwelling coverage, according to Compare.com data.
Company | Average Yearly Premium |
|---|---|
| AIG | $720 |
| Preferred Mutual | $936 |
| State Farm | $1,032 |
| USAA | $1,080 |
| Vermont Mutual | $1,236 |
| Chubb | $1,260 |
| Travelers | $1,380 |
| Amica | $1,440 |
| Allstate | $2,472 |
| National General | $2,736 |
Company | Average Yearly Premium |
|---|---|
| AIG | $900 |
| State Farm | $1,284 |
| Preferred Mutual | $1,332 |
| USAA | $1,344 |
| Vermont Mutual | $1,668 |
| Travelers | $1,824 |
| Chubb | $1,944 |
| Amica | $1,992 |
| Allstate | $3,072 |
| National General | $3,864 |
Company | Average Yearly Premium |
|---|---|
| AIG | $1,212 |
| State Farm | $1,524 |
| USAA | $1,596 |
| Preferred Mutual | $1,680 |
| Vermont Mutual | $2,136 |
| Travelers | $2,292 |
| Amica | $2,496 |
| Chubb | $2,580 |
| Allstate | $3,732 |
| National General | $5,016 |
Company | Average Yearly Premium |
|---|---|
| AIG | $1,536 |
| State Farm | $1,728 |
| USAA | $1,848 |
| Preferred Mutual | $2,100 |
| Vermont Mutual | $2,628 |
| Travelers | $2,904 |
| Amica | $2,988 |
| Chubb | $3,192 |
| Allstate | $4,404 |
| National General | $6,240 |
Company | Average Yearly Premium |
|---|---|
| AIG | $2,136 |
| State Farm | $2,208 |
| USAA | $2,460 |
| Preferred Mutual | $3,264 |
| Vermont Mutual | $3,816 |
| Amica | $4,248 |
| Travelers | $4,248 |
| Chubb | $4,464 |
| Allstate | $6,312 |
| National General | $8,832 |
Home insurance rates usually vary considerably by city or town. Local factors, like weather risks, crime rates, and rebuilding costs, influence what you pay. Even nearby cities can have significantly different average premiums.
This table shows average home insurance premiums for some of the largest cities in Massachusetts, according to quote data from Compare.com.
City | Average Yearly Premium |
|---|---|
| Boston | $151 |
| Springfield | $134 |
| Worcester | $135 |
Massachusetts homeowners face common risks unique to their area that can drive up home insurance costs. Insurers price policies based on the severity of potential claims and the likelihood of one occurring. Premiums are higher in areas with a high likelihood of severe claims.
Let’s review some of the most common risks that Massachusetts homeowners face.
Massachusetts regularly experiences heavy snow and winter storms. Ice dams and heavy snow loads can cause water damage to roofs. Freezing temperatures can also cause burst pipes and other issues.
Homes along the Cape, the North Shore, and on islands face frequent risks from coastal storms, including high winds, storm surge, and saltwater erosion. Even homes that are far from the coast can face extreme storms called nor’easters.
Many homes across the state were built decades, even centuries, ago. The median age of housing stock in Massachusetts is 57 years, making its housing the third-oldest in the country.[1] Older plumbing, wiring, and building materials can increase the risk of claims.
Flood risks vary across the state and by water source. Coastal areas face storm surges, while inland towns and cities may face river flooding. Many standard home insurance companies offer flood coverage through government-backed endorsements.
The Massachusetts Division of Insurance regulates insurance companies licensed to operate in the state. It also supports consumers by providing unbiased information and stepping in to review complaints of unfair treatment from insurers.
You can contact the insurance department by calling 1 (617) 521-7794 or toll-free at 1 (877) 563-4467.
)
Standard home insurance policies in Massachusetts typically protect your home, belongings, and wealth from 16 named perils, such as fire, wind, and vandalism. Here’s what’s covered.[2]
Dwelling coverage: This pays to repair or rebuild your home after a covered loss.
Other structures: This covers detached structures, such as a garage or a fence.
Personal property coverage: This pays to replace your personal belongings, such as furniture, clothing, and electronics.
Loss of use: When a covered event makes your home uninhabitable, this helps pay for housing and related living expenses.
Liability coverage: This helps cover legal expenses if, for example, someone gets hurt on your property.
Medical payments to others: This coverage provides some protection for medical expenses if someone is injured on your property.
Most standard homeowners insurance policies exclude:[3]
Flood damage: Standard policies don’t cover flooding. You’ll need to purchase a separate policy, either from a private insurer or the National Flood Insurance Program (NFIP).
Earth movement: Most homeowners coverage doesn’t protect against earthquakes, landslides, or sinkholes.
Sewer or drain back-up: Home coverage often excludes damages from sewer backups.
Normal wear and tear: Insurance doesn’t cover damage resulting from structural aging or deterioration.
Maintenance failures: Standard policies won’t cover damage caused by neglect or failure to maintain your home.
Often, you can add endorsements to extend coverage to exclusions.
Compare quotes from top insurers side by side.
Flood insurance isn’t included in standard home insurance. But mortgage lenders typically require flood insurance for homes in flood zones. You can buy a policy, either federally backed by the NFIP or private flood insurance from a local insurer.
But more than 20% of flood claims occur outside of high-risk flood zones, according to the Federal Emergency Management Agency (FEMA). So, consider adding coverage to your policy no matter where you live. Coverage in lower-risk areas is often cheaper.
)
Many factors come into play when pricing a home insurance policy. Insurers consider the property, the risk profile of your location, and other factors when determining your premium.
Your home: Insurers consider your home’s age, rebuild costs, and condition when determining risk and coverage limits.
Your location: Local risks, like exposure to coastal storms or heavy snowfall, can affect claim risk and costs.
Your policy: Policies with higher dwelling limits, lower deductibles, and additional endorsements usually have higher premiums.
Your background: Insurers review your claims history and may increase rates if you have recent insurance claims.
There’s a lot to keep in mind when getting a home insurance policy, so below are the answers to the most common questions Massachusetts homeowners ask about getting covered.
The average home insurance policy in Massachusetts costs $162 per month for a policy with $300,000 in dwelling coverage. But rates vary depending on several factors.
When determining rates, insurance companies consider your home’s age, construction type, and location, as well as policy limits, deductibles, and optional endorsements. Personal factors, like your claims history, also play a role.
The best insurer is the one that best fits your needs. Amica, State Farm, The Hartford, Chubb, and The Hanover often rank well for customer satisfaction.
The cheapest homeowners insurance company in Massachusetts is AIG, with an average rate of $75 per month for a $300,000 dwelling coverage policy, according to quote data from Compare.com.
The average premium for a $500,000 dwelling coverage policy is $252 per month.
While Massachusetts law doesn’t mandate insurance coverage, mortgage lenders often require it.
)
Licensed auto and home insurance agent
4+ years of experience in insurance and personal finance editing
NPN: 20564519
At Compare.com, it’s our mission to give you the tools to find the best (and most affordable) insurance for your unique needs and budget. We strive to provide information that’s helpful, clear, and unbiased, and we believe that comparing insurance companies should never put you at risk of spam. Our editorial team — which is made up of experienced writers, editors, insurance agents, and data analysts — has spent thousands of hours researching and creating the coverage overviews, side-by-side comparisons, and detailed reviews you see across our site.
While we make money through partnerships with some of the brands we discuss in our articles, our editorial team operates 100% independently, and these partners never influence or affect the topics, reviews, ratings, or recommendations we provide. We never guarantee favorable reviews or mentions in exchange for compensation from any brands or partners, and we uphold strict editorial standards to ensure our content is always independent, truthful, and unbiased.
