Updated: August 11, 2026
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USAA offers the cheapest homeowners insurance in Massachusetts, with average rates of $1,187 per year.
USAA, Farmers, The Andover Companies, Chubb and State Farm cost 21% to 39% below the $1,932 state average.
Bundling your home and auto insurance policies saves 10% to 25% on premiums, one of the biggest discounts Massachusetts insurers offer.
USAA offers the cheapest home insurance company rates in Massachusetts at $1,187 per year, though eligibility is limited to military members, veterans and their families. Farmers comes in second at $1,256 annually and provides coverage to all Massachusetts residents. These five most affordable insurers save homeowners between $411 and $744 compared to the state average.
| USAA | $99 | $1,187 | -39% |
| Farmers | $105 | $1,256 | -35% |
| The Andover Companies | $109 | $1,312 | -32% |
| Chubb | $119 | $1,428 | -26% |
| State Farm | $127 | $1,520 | -21% |
*The rates above are for homeowners ages 41 to 60 with good credit and no claims history. Quotes are for a home built in 2000 insured for $250,000 in dwelling coverage, $125,000 in personal property coverage and $200,000 in liability coverage with a $1,000 deductible.
Home insurance costs in Massachusetts vary by home age and homeowner profile. USAA is cheapest across four categories: young homeowners, high-risk fire homes, smaller homes and larger homes. Farmers is cheapest for older homes and senior homeowners. The Andover Companies has the lowest rate for newer homes at $872 a year.
| Older Homes | Farmers | $1,238 |
| Newer Homes | The Andover Companies | $872 |
| Young Homeowners | USAA | $1,250 |
| Senior Homeowners | Farmers | $1,027 |
| High-Risk Fire Homes | USAA | $1,330 |
| Smaller Homes | USAA | $1,168 |
| Larger Homes | USAA | $1,249 |
The cheapest company may not be your best fit. Customer service quality, coverage options and claims handling matter beyond price. Our guide to the best home insurance companies in Massachusetts compares insurers across these factors.
Risk factors differ by location, so insurers price policies differently across Massachusetts. The Andover Companies offers the cheapest home insurance in Cambridge and Dennis Port. USAA's rates run lower in Dorchester and Springfield, and Farmers takes the lead for affordability in Roxbury Crossing and Woburn.
| Cambridge | The Andover Companies | $1,047 |
| Dennis Port | The Andover Companies | $994 |
| Dorchester | USAA | $1,145 |
| Fairhaven | USAA | $1,158 |
| Groton | Vermont Mutual | $1,040 |
| Lowell | The Andover Companies | $1,129 |
| Roxbury Crossing | Farmers | $1,187 |
| Springfield | USAA | $1,208 |
| Woburn | Farmers | $1,004 |
| Worcester | The Andover Companies | $1,111 |
Your coverage needs determine which insurer offers the best rate in Massachusetts. Farmers provides the cheapest premiums for basic $100,000 dwelling coverage at $648 annually, while USAA delivers the most affordable rates for mid-range and high-value homes. At the premium $1 million dwelling coverage level, USAA remains the cheapest provider.
| Farmers | $54 | $648 |
| USAA | $61 | $737 |
| Vermont Mutual | $78 | $934 |
| Chubb | $83 | $991 |
| State Farm | $88 | $1,055 |
Massachusetts homeowners can cut their insurance costs by hundreds of dollars annually through discounts, higher deductibles and smart home improvements.
Combine your home and auto insurance with the same company to save 10% to 25% on both policies. State Farm, Allstate and Progressive offer bundle discounts to Massachusetts homeowners.
Raise your deductible to lower your annual premium, though you'll pay more out of pocket when filing a claim. Choose a deductible amount you can afford if you need to file a claim.
Filing multiple claims within three years triggers rate increases. Use homeowners insurance for major losses rather than small repairs you can afford.
Contact your insurer to find all discounts you qualify for beyond bundling. Review your policy annually to add new discounts as your situation changes.
Unlike other states, Massachusetts restricts the use of your credit score to determine your home insurance premiums. This means your premiums depend solely on factors like your home's value, location and claims records, not your financial history.
Frequently asked questions about the cheapest home insurance in Massachusetts:
Standard homeowners insurance in Massachusetts covers tornado damage to your dwelling and personal property. Tornadoes occur less frequently in Massachusetts than in other states, but your policy protects you when they strike.
Flood insurance isn't required statewide in Massachusetts. However, mortgage lenders require it if your property sits in a FEMA-designated high-risk flood zone. Standard homeowners insurance excludes flood damage, so consider purchasing separate flood coverage based on your property's location and flood risk.
Replacement cost coverage pays the full amount to replace damaged property at current prices without depreciation deductions. Actual cash value coverage factors in depreciation and wear, paying what your items were worth at the time of loss. Most Massachusetts lenders require replacement cost coverage for their mortgaged properties.
You can cancel your Massachusetts home insurance policy at any time. Some insurers charge a cancellation fee, and you'll get a prorated refund for unused premium. Check that the timing works with your mortgage requirements because lenders require continuous coverage.
The rate analysis is built around standard coverage for a single-family home built within the past 25 years, which reflects the most common home insurance scenario in Massachusetts.
Quotes were collected from major insurers using a consistent homeowner profile statewide. Holding variables constant isolates how each company prices the same coverage and makes direct comparisons valid. The base profile:
For specialty scenarios (older homes, high-value properties and rural locations) individual variables were adjusted from the base profile while everything else stayed constant. That shows how each characteristic shifts the rate relative to the standard homeowner.
These figures are estimates based on statewide averages. Your actual premium depends on your home's location, age, construction type and your claims history. Compare quotes from at least three insurers to find your lowest rate.
Mark Fitzpatrick, a licensed Property and Casualty (P&C) Insurance Producer in Connecticut, is MoneyGeek's resident expert in insurance and economics. He has spent nearly a decade covering the market, first at LendingTree and now at MoneyGeek, where he analyzes hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.
His work has appeared in The Washington Post, The New York Times and NPR. He draws on independent cost and consumer experience data, and no insurance company partnerships affect his recommendations.
Mark studied at Boston College before earning a master's in economics and international relations from Johns Hopkins University. Before MoneyGeek, he worked in financial risk management at State Street. He's also a five-time “Jeopardy!” champion.
