Cheapest Homeowners Insurance in Massachusetts (2025 Rates)

In Massachusetts, Farmers offers the most affordable overall insurance rates, while State Farm emerges as the most budget-friendly choice for homeowners seeking coverage for new homes or looking for the most economical bundled insurance options.

Farmers offers the lowest home insurance rates in Massachusetts, averaging $517 per year for $100K in dwelling coverage. Keep in mind that your actual rate still depends on the amount of dwelling coverage you choose.

Across different dwelling coverages, Farmers ranks as the most affordable choice in Massachusetts. Review its rates:

• Cheapest for $100,000: Farmers at $517 per year
• Cheapest for $250,000: Farmers at $997 per year
• Cheapest for $500,000: Farmers at $1,734 per year

Find cheap home insurance with MoneyGeek's table to see how costs vary by dwelling coverage and provider.

We recommend comparing quotes from multiple insurers to find the most affordable home insurance in Massachusetts. Use MoneyGeek's home insurance calculator to receive Massachusetts quotes without needing to submit your personal details at the outset.

In Massachusetts, Farmers is the most affordable home insurance provider for high-value homes, offering $750K in dwelling coverage at just $2,414 per year. High dwelling coverage increases home insurance costs, and high-value homes typically have higher limits.

Even for high-value homes, Farmers ranks as the cheapest home insurance company in the state. Check out its rates:

• Cheapest for $750,000: Farmers at $2,414 per year
• Cheapest for $1,000,000: Farmers at $3,004 per year

We recommend purchasing dwelling coverage that matches your home's replacement cost, not property value, to avoid under or over-insuring. See how rates change for home insurance with higher coverage limits.

With an annual premium of $250, State Farm is the cheapest home insurance provider in Massachusetts for new homes, specifically for $100K in dwelling coverage. New properties in Massachusetts generally have more affordable insurance rates, largely due to their modern construction techniques and materials, which are less likely to sustain heavy damage.

State Farm remains the most budget-friendly choice for insuring new homes in Massachusetts. Take a look at the rates for each coverage level:

• Cheapest for $100,000: State Farm at $250 each year
• Cheapest for $250,000: State Farm at $313 each year
• Cheapest for $500,000: State Farm at $613 each year

Examine MoneyGeek's table to get a comprehensive understanding of how insurance costs may shift for newly constructed homes based on different dwelling coverages.

State Farm is the most affordable option in Massachusetts for homeowners who have filed a single claim in the last five years, offering a policy with $100K in dwelling coverage for $644 per year. Bear in mind that insurance premiums tend to be higher for homeowners with prior claims, as this often signals a higher risk for future claims.

Here's a roundup of the cheapest options for different dwelling coverage values with the same claim and construction year conditions:

• Cheapest for $100,000: State Farm at $644 per year
• Cheapest for $250,000: Vermont Mutual at $1,535 per year
• Cheapest for $500,000: Farmers at $2,698 per year

Additional claims can significantly increase your premiums. Across all companies, homeowners with two past claims pay an average of $531 more each year than those who are claims-free. Maintaining your home and avoiding claims is critical to keeping your insurance costs down in Massachusetts.

Your home’s construction type and roofing materials play a big role in your insurance cost. For example, a frame-construction home with a shake-treated roof gets the lowest premium from Farmers in Massachusetts at $517 per year. These features often lead to higher rates because they’re more prone to fire and weather damage.

The lowest home insurance rates in Massachusetts for different coverage levels:

• Cheapest for $100,000: Farmers at $517
• Cheapest for $250,000: Farmers at $997
• Cheapest for $500,000: Farmers at $1,734

Homes with superior construction and tile roofs usually cost less to insure, with average savings of about $143. 

These materials lower the overall risk, which matters in a state with harsh weather like Massachusetts. Investing in stronger construction and better roofing often leads to meaningful yearly savings on your insurance.

Changing your deductible can save you hundreds each year. In Massachusetts, Farmers offers the most affordable home insurance with a $2,000 deductible at $491 per year, compared to $573 for a $500 deductible, also provided by Farmers.

For $100K in dwelling coverage, the cheapest insurers are:

• $2,000 deductible: Farmers at $491 per year
• $1,500 deductible: State Farm at $502 per year
• $1,000 deductible: Farmers at $517 per year
• $500 deductible: Farmers at $573 per year

A deductible is your out-of-pocket cost before your insurance kicks in. Massachusetts home insurance costs an average of $233 less with a $2,000 deductible versus a $500 deductible.

State Farm offers the most affordable home and auto bundle policy in Massachusetts, with an annual premium of only $1,197. Bundling home and auto insurance together can lead to significant savings.

• State Farm at $1,197 per year
• Allstate at $3,443 per year

Bundling also helps you save and lets you manage both policies with one insurer. Having your home and auto coverage under the same company makes everything easier to handle. Explore the best Massachusetts insurance bundles.

Farmers is the most affordable home insurance provider in most Massachusetts cities. Costs by city can vary significantly due to factors including local building codes, crime rates and weather risks. For instance:

• Worcester has the lowest annual premium for its cheapest company, State Farm, at $399.
• Lowell has the highest annual premium for its cheapest company, Farmers, at $493.

It's crucial to shop around as insurers often have unique rate calculations for various areas, which could result in potential savings.