Massachusetts Homeowners Insurance Quotes

Massachusetts has had a significant role in the history of America and it is one of the absolute best places to live in the United States. The Bay State is full of history, beautiful scenery and some of the best people in the world.

While Massachusetts is the 7th smallest state by land area, we are the 14th most populous and the 3rd most densely populated state in the country. Visitors come from around the world to take in the history and cultural that is one of the defining features of Massachusetts.

Many of those visitors decide to stay and become residents, settling down in the big cities like Boston, Worcester, and Lowell or heading to smaller, less hectic places such as Westford, Lenox or the always popular Nantucket.

Massachusetts Facts

In 2014, Massachusetts was home to 6.7 million people, which was an increase of 3 percent from 2010. This population growth has made Massachusetts the fastest growing state in New England and the 25th fastest growing state in the country.

The majority of residents call the Boston Metropolitan Area home. Greater Boston is the tenth largest metropolitan statistical area in the country by population. Over 4.7 million people leave in the Boston Metro Area.

Regardless of what you are looking for in a home, Massachusetts has you covered. Everything from million-dollar riverfront homes to affordable houses, condos and apartments.

The residents of Massachusetts have an average household income of $ 64,081, which ranks it as number six in the entire country. The cost of living can vary dramatically depending on what part of the Bay State you call home. The city of Boston can be expensive while a town like Lenox tends to be more affordable.

The median home value in Massachusetts is a fairly pricey $323,800 which is a measly 0.1 percent gain over last year. The prediction is that prices will be headed down 0.6 percent next year which is great news for home buyers, but not so great if you are selling.

Expect to pay a premium for life in Boston. In popular neighborhoods such as Back Bay the average listing price is currently over $2 million but in more affordable neighborhoods like Dorchester the average is closer to $360,000.

Homeowners Insurance in Massachusetts

Massachusetts is a fairly expensive state when it comes to homeowners insurance. It is the 11th most expensive state in country with an average price of $1,150 per year.

One of the best ways to lower your insurance premium is to shop it around. Insurers rate risk differently and shopping a variety of insurance companies will ensure that you are getting the best price. We can help you shop up to 12 insurers, all at once. Fill out our quick and easy form and our insurance partners will send quotes directly to your inbox.

Bundling is another great way to lower your premium. Insure your car and home with the same company and you can save up to 20 percent or more.

Frequently Asked Questions About Rate Quotes

• What's the average monthly premium homeowners pay in Massachusetts?
  Homeowners in Massachusetts pay on average around $96 a month for homeowners insurance.
• Which carriers can you provide quotes for comparison shopping?
  We can provide up to 12 top rated carriers which will include rate quotes from: MapFre Insurance, UPC Insurance, Liberty Mutual, Quincy Mutual Group, Progressive, Chubb Personal Insurance, Ace Insurance, United States Liability Insurance Group (USLI), American International Group (AIG), The Andover Companies, Foremost and many more.
• If I have a new home purchase in Massachusetts, can you help me?
  Yes, we can help you finalize your new homeowners insurance policy for your new home as fast as you need us. If your closing soon and need a homeowners insurance policy that's best fit for your home, please start your Massachusetts homeowners insurance quote today!

Factors to Consider in Massachusetts

Tornados and hurricanes can be a problem in the Bay State. While damage from both of these types of storms is covered by a homeowners policy, flooding which can happen with severe storms is not covered.

If you live in an area where flooding can be an issue, a separate flood policy is a necessity. While flood insurance can be expensive, it can be a financial lifesaver if your house is flooded.

One thing that every homeowner should have is a detailed inventory of their possessions. This can make filing a claim much easier. There are a number of apps that can make this process quicker, allowing you to snap a photo with your phone.

As with any move, be sure to check the crime rates in any neighborhood you are considering. This will not only make sure your family stays safe but will also keep your insurance premiums affordable.