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02151, MA Homeowners Insurance Rates

With a population size of 62,252 and with 23,074 occupied homes in the 02151 area, our online shopping service is becoming very helpful for homeowners like you. The average home insurance premiums in Revere, MA are around $1,193 per year for a standard HO-3 homeowners policy. Wouldn't you love to save up to 40% or more on your next home insurance policy? Our process easily compares the most competitive rates, while including all discounts and credits, plus reviewing all enhanced coverage options. You will find that GetHomeInsuranceQuotes.com is the best place online to shop for home insurance rates in Revere, Massachusetts. If you are looking for more affordable rates, let us help you shop and compare your next homeowners policy today. Just enter your zip code to start online comparing, or give us a call at 1-855-976-2656 so we can help you review rates today!

It's important to know that if your Massachusetts home may be located in a risk area that is prone to flooding, hurricanes or earthquakes. You may need additional coverage that is not part of your current policy like an HO-3 or HO-2. We can help you review the best protection and coverage options for your home located in Revere, MA.

For Massachusetts home insurance information, including average Revere home insurance rates, coverage options or the different homeowners insurance types, please select Revere, MA Home Insurance Quotes Now!

02151 Home Insurance Average Premiums

Local 02151 homeowners insurance quotes comparison

$943 /yr.

Shows Zip Code: 02151 lowest rates with discounts applied on average.

For the 02151, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$943 /yr.
Average Coverage:$1193 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1493 /yr.

What is the average home insurance cost for a home in 02151?

  • • The average homeowners insurance premium paid annually for a home in 02151 is around $1193 per year.

What does it cost on average per month for home insurance in 02151?

  • • Homeowners in 02151 pay a monthly average cost per month around $99.00.

What kind of discount could I get if I combine my home and auto insurance together in 02151?

  • • Autoowners in 02151 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

You can easily shop and compare home insurance rates within Revere, check out other zip codes nearby 02151.
To review average rates in another zip code, click on a zip code below:
02151  | 

Home Replacement Cost Coverage in 02151

Average Building Cost Per Square Foot in 02151: $271

Location: Revere, Massachusetts (Suffolk County)

Average Square Footage in 02151: 1,591 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 02151 before you start any project. Revere homeowners pay on average around $271 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 02151 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 02151 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,591 sq. ft. and the average cost to rebuild the home in this area is around $271 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Revere area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$2711,591$431,200
Additional Upgrades & Added Features$3391,591$539,000
Major Home Updates or Advancements$4071,591$646,800

It's important to understand that when you estimate your replacement cost of your home in the 02151 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 02151

Best Home & Auto Insurance Agencies in 02151

Rizzo Insurance Group Incorporated

Address: 310 Broadway Revere, MA 02151
Phone:
Website: http://www.rizzoinsurance.com/
Info:

Housing Demographics for 02151

Population Review for 02151 Zip Code

For the city of Revere, the population within 02151 has increased to over 59,697 residents in population size. The current population total is 62,252. We have broken down the population based on race below. In 02151, there are over 30654 in male population and 31598 females.

PopulationValues
Total Population62,252
White Population30555
Black Population3268
Hispanic Population23212
Asian Population3486
Hawaiian Population29
Indian Population425
Other Population14856
Male Population30654
Female Population31598
Population Estimate59697

Household Data for 02151

The average number of homes in 02151 is around 23,074, there are an average of 2.68 per household. The average house value according to local real estate values is around $431,200. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode23,074
Persons Per Household2.68
Average House Value$431,200
Income Per Household$72971
Median Age37.3
Median Age Male36.5
Median Age Female38.1
02151 DetailsValues
StateMA
State Full NameMassachusetts
City TypeB
City Alias Abbreviation
Area Code781/617/339
CityRevere
City Alias NameREVERE
CountySuffolk
County FIPS025
State FIPS25
Time Zone5
Day Light SavingY
MSA1122
PMSA1120
CSA148
CBSA14460
CBSA_DIV14454
CBSA_TypeMetro
CBSA_NameBoston-Cambridge-Newton, MA-NH
MSA_NameBoston-Worcester-Lawrence, MA-NH-ME-CT CMSA
PMSA_NameBoston, MA-NH PMSA
RegionNortheast
DivisionNew England
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses839
Number Of Employees7212
Business First Quarter Payroll63965
Business Annual Payroll296823
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population4552402
CBSA Division Population1887792
Congressional District05|07
Congressional LandArea265.08|62.67
Delivery Residential22275
Delivery Business914
Delivery Total23925
Preferred Last Line KeyV22345
Classification Code
Multi-County
CSA NameBoston-Worcester-Providence, MA-RI-NH
CBSA_DIV_NameBoston, MA
City State KeyV22345
Land Area5.705000
Water Area1.276000
City Alias Code
City Mixed CaseRevere
City Alias Mixed CaseRevere
Box Count268
SFDU13912
MFDU8001
State ANSI25
County ANSI025
ZIP Intro
Alias Intro
Facility CodeB
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number242198
Unique ZIP Name
SSA State County Code22160
Medicare CBSA Code14454
Medicare CBSA NameBoston, MA
Medicare CBSA TypeMetro
Market Rating Area ID0
County Mixed CaseSuffolk

Massachusetts Homeowners Insurance News & Information

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    According to a recent ValuePenguin study, homeowners are having a harder time finding affordable insurance due to the property insurance crisis spreading around the country.  The report found that a shocking two-thirds of homeowners have seen premium increases in 2024. Another 25% of homeowners said they were dropped by their insurance company which is a […]

  • Which state pays the highest home insurance premiums in 2025? Posted on Thursday 24th April, 2025

    Recently, Insurify released its third annual American Homeowner Insurance report which offers a detailed forecast of insurance trends in the U.S. for 2025.  States that have a high risk of wildfires and severe weather will see the largest increases in homeowners insurance premiums. According to the report, Louisiana will see the largest premium increases with […]

  • Top 10 States That Have the Highest Rates of Uninsured Homes Posted on Tuesday 22nd April, 2025

    As recent headlines have made clear, climate change has led to more frequent extreme weather events which has led to a rise in homeowner insurance claims. As insurers deal with an increased number of claims, they pass those additional costs onto homeowners via higher premiums, regardless of whether you have filed a claim or not.  […]