6 Best Homeowners Insurance Companies in Massachusetts of 2023

Massachusetts is the site of some of the country's oldest homes, making homeowners insurance a must for every resident of the Bay State.
Homeowners in major cities like Boston and Worcester, college towns like Amherst, and small rural communities like Ware should all protect themselves with enough homeowners insurance to rebuild their homes.
Weather in Massachusetts can be severe at times, with harsh winter storms and high summer temperatures that can impact homes and surrounding buildings.
No state law in Massachusetts requires homeowners insurance, but lenders require it, and you’ll need to present proof of coverage at your closing.
The average cost of homeowners insurance in Massachusetts is $1,860 per year, a little over $150 per month–well above the national average.
The good news is that we’ve researched for you to find Massachusetts's best homeowners insurance companies.
The Best Homeowners Insurance Companies in Massachusetts
- Allstate: Best for Consistent Premiums Over Time
- Amica: Best for Dividends
- Travelers: Best Customizable Coverage
- Quincy Mutual: Best for Affordable Coverage
- Vermont Mutual: Best Overall Coverage
- USAA: Best for Military Families
Allstate: Best for Consistent Premiums Over Time

Allstate Insurance is one of the country's best-known and most prominent insurance companies and has decades of experience helping Massachusetts homeowners protect their homes.
We chose them for our list because they offer a unique Claim Rateguard that you can add to your policy to prevent increases to your premium after a claim.
We also appreciate Allstate’s informative website, which makes finding information accessible and filing claims.
Massachusetts homeowners who live near the water should also know that Allstate will facilitate your flood claim if you buy flood insurance through FEMA.
Allstate also has one of the lowest average costs of companies on our list, coming in at an affordable $905, less than half of the state average.
Allstate Homeowners Insurance Discounts
Allstate offers eight discounts on Massachusetts homeowners insurance, as follows.
- Welcome: You’ll save 10% if you switch your policy to Allstate.
- Claims-free: Reduce your premium if you have no recent homeowners insurance claims.
- Policy bundling: Buy two or more policies with Allstate to save.
- Early signing: Sign a new Allstate policy at least a week before the expiration date on your old policy to qualify.
- New homeowner: New homebuyers and people who purchase newly constructed homes can get this discount.
- New roof: You can save if you install a new roof on your home.
- Responsible payer: Pay your premium on time to qualify for this discount.
- Protective devices: You can save if your home has burglar or fire alarms.
Read a full Allstate homeowners insurance review.
J.D. Power (out of 1,000) | 815 |
---|---|
A.M. Best - Financial Strength Rating | A+ |
NAIC Complaint Index | 2.05 |
BBB | A- |
Amica: Best for Dividends


- Available in 48 states & Washington, D.C.
- Quote access: Online & by phone
Amica has been providing insurance policies to consumers for over a century and has a good reputation for customer service and support.
We chose Amica for our list because they are one of the only companies that pays dividends to policyholders; you may receive up to 20% of your premium as a dividend each year.
We like Amica for its excellent mobile app and online services, which help to streamline the process of getting quotes.
We also appreciate Amica’s home business protection, something that’s increasingly important in our gig economy.
Amica’s average cost for Massachusetts homeowners insurance is $1,410 per year, which puts it 24% below the state average–and don’t forget those dividends.
Amica Homeowners Insurance Discounts
Amica offers eight discounts to help reduce the cost of homeowners insurance in Massachusetts.
- Alarm systems: You can get this discount if your home has burglar or fire alarms or an installed sprinkler system.
- Autopay: Get a discount if you sign up to make your monthly payments automatically.
- Automatic detection: If your home has installed devices to monitor for gas or water leaks, you can qualify for this discount.
- Policy bundling: Buy at least two policies from Amica to save on your premium.
- Claims-free: You’ll get a break if you go at least 3 years without a homeowners insurance claim.
- Loyalty: Keep your policy with the same company (even if it’s not Amica) for two or more years to save.
- Paperless billing: Sign up to receive your monthly bills electronically for this discount.
- New/remodeled home: If you buy or build a new home or upgrade your existing home with a new roof, appliances, or HVAC/electrical systems, you can save.
J.D. Power (out of 1,000) | 849 |
---|---|
A.M. Best - Financial Strength Rating | A+ |
BBB | A+ |
NAIC Complaint Index | 0.32 |
Travelers: Best Customizable Coverage

Travelers Insurance issued its first insurance policy more than 160 years ago and is one of the oldest and most respected companies in the United States.
We chose Travelers for our list because they have the best riders and endorsements to allow Massachusetts homeowners to customize their coverage.
Travelers also offers a unique discount that allows homeowners to save if they buy or build a home using green materials.
Travelers’ average cost in Massachusetts is $1,480, more than 20% below the state average.
Travelers Homeowners Insurance Discounts
Travelers Insurance offers up to five homeowners insurance discounts to help Massachusetts homeowners save money.
- Bundling: You can save up to 12% when purchasing at least four Travelers policies.
- Claims-free: If you’ve never filed a homeowners insurance claim, get a break on your premium.
- Green home: You can get a discount if you buy or build a certified green home.
- Home buyer: If you purchase a home within one year of switching to Travelers, you can claim this discount.
- Protective devices: You can get this discount if your home has burglar alarms, fire alarms, smart devices, or a sprinkler system.
J.D. Power (out of 1,000) | 794 |
---|---|
A.M. Best - Financial Strength Rating | A++ |
BBB | A |
NAIC Complaint Index | 3.88 |
Quincy Mutual: Best for Affordable Coverage

The Quincy Mutual Fire Insurance Company started in Quincy, Massachusetts, back in 1851.
We selected them for our list because they have the lowest average cost for homeowners insurance in Massachusetts.
We also like that they have maintained an A+ rating from A.M. Best for 50 consecutive years, making them an extremely stable and reliable company.
Quincy Mutual’s average annual cost for Massachusetts homeowners insurance is just $860, less than half the state average.
Quincy Mutual Fire Insurance Discounts
Quincy Mutual offers six potential discounts to Massachusetts homeowners.
- Account credit: Save up to 30% on homeowners insurance and 12% on auto insurance if you bundle your policies.
- Alarm credit: You can get a discount if you have smoke detectors, burglar alarms, or a monitored home security system.
- Loss-free credit: Save up to 5% if you have not had a homeowners insurance claim in three years.
- Superior construction: Save if your home is built with non-combustible materials.
- New home discount: Save up to 20% if your home was built in the last 15 years.
- Home safe credit: Take the Massachusetts Affordable Housing Alliance workshop for homeowners to get a discount.
A.M. Best - Financial Strength Rating | A+ |
---|---|
BBB | A+ |
Vermont Mutual: Best Overall Coverage

Vermont Mutual has been protecting residents of the Northeast since 1828, having gotten its start providing fire insurance.
The company has grown greatly since its inception and has a reputation for excellent customer service and reliable coverage.
We chose them for our list because they offer the best overall coverage when considering costs and add-ons.
The average annual premium in Massachusetts is $1,070, almost 43% below the overall average for Massachusetts.
Vermont Mutual Homeowners Insurance Discounts
Unlike the other companies on our list, Vermont Mutual doesn’t have a standard choice of discounts for homeowners insurance, although some local agents may offer discounts.
We’ve included them on our list because even without discounts, their average cost is lower than most companies, and they offer many customization options.
A.M. Best - Financial Strength Rating | A+ |
---|---|
BBB | A+ |
USAA: Best for Military Families

Despite its relatively small size, Massachusetts is home to six Army and Air Force bases, and many Massachusetts homeowners are in the military.
We chose USAA for our list of Massachusetts's best homeowners insurance companies because they offer exceptional coverage and discounts to active duty military members and veterans.
We also like that USAA has received excellent ratings for its customer service and provides coverage in all 50 states plus Washington, DC, making it ideal for military families who move frequently.
USAA’s average cost of homeowners insurance in Massachusetts is $1,720, putting it slightly below the state average.
USAA Homeowners Insurance Discounts
USAA offers three discounts for homeowners insurance.
- Policy bundling: You can save if you bundle your homeowners insurance with auto insurance.
- Security system: Homeowners with a monitored security system can get this discount.
- Claims-free: You can claim this discount if you’ve gone five years or more without filing a homeowners insurance claim.
J.D. Power (out of 1,000) | 882 |
---|---|
A.M. Best - Financial Strength Rating | A++ |
BBB | A+ |
NAIC Complaint Index | 0.88 |
What Factors Affect the Price of Homeowners Insurance?
Many things impact the cost of homeowners insurance, and it’s important to know what they are before you start shopping.
Here are the most important factors that companies use to determine your quote.
Deductible
Every homeowners insurance policy has a deductible; you can choose a high or low deductible.
Choosing a low deductible will cost you more on a monthly basis but provide more protection if you have a claim, and the reverse is true if you choose a high deductible.
Policy Limits
The specific amount of coverage you need will depend on the size of your home and other factors, but you’ll need enough coverage to rebuild your home from the ground up and pay to replace your personal belongings.
Living in a high-cost home with premium materials will result in a higher-than-average premium.
Endorsements and Riders
Standard homeowners policies provide basic coverage for your home and other structures as well as your personal property and liability.
If you customize your coverage with endorsements and riders or opt for a higher personal liability limit, your costs will increase.
Location
Location plays a role in the cost of homeowners insurance because it has an impact on the risk taken by the insurance company.
As a rule, homes far from a local fire station, close to a body of water, or in a high crime area cost more to insure.
Read more: Does Homeowners Insurance Cover Fires?
How Much Homeowners Insurance Do You Need?
You can calculate how much coverage you will need by using the estimated cost of rebuilding your home as a starting point.
Here’s how your coverage will break down.
- Dwelling coverage protects your home and should be high enough to pay to rebuild it from the ground up if it is destroyed.
- Other structures coverage pays to repair or rebuild any other structures on your property, including fences, sheds, detached garages, or barns; your coverage should be about 10% of your dwelling coverage.
- Personal property coverage protects your belongings and pays to replace them if stolen, damaged, or destroyed; you’ll need between 50% and 70% of your dwelling coverage.
- Personal liability coverage will protect you if a guest in your home is injured or their property is destroyed; you’ll need between $100,000 and $500,000 of protection.
- Guest medical coverage reimburses your guests for medical expenses related to an injury sustained in your home; in most cases, coverage is between $1,000 and $5,000 per guest.
- Additional living expenses coverage pays for you and other members of your household to stay in a hotel or make other arrangements if your home is not inhabitable after an insured loss; you’ll need about 20% of your dwelling coverage to be safe.
You should have enough coverage to equal twice the cost of rebuilding your home, not counting your personal liability or guest medical coverage.
Remember that these totals don’t take endorsements into account.
What Is and Isn’t Covered by Homeowners Insurance
Every Massachusetts homeowner should know what is and is not covered by homeowners insurance.
Here are the things that you should expect to be covered.
- Your house and all other structures on your property.
- The personal belongings of you and anybody else who lives in your home.
- Damage caused by covered events.
- Personal liability related to guest property damage or injuries.
- Guest medical expenses.
A standard homeowners insurance policy does not cover these things.
- Earthquake damage
- Flood damage
- Pest damage & infestation
- Power failure
- Neglect
- Nuclear hazard
- Government action
The first four items listed above may be remedied with either an additional policy or an endorsement; flood insurance would be an example of the former, while pest damage would be an example of the latter.
There is no way to remedy neglect, which is within your control, or the unlikely damage events related to a nuclear hazard or government action.
Synopsis
Our goal at PropertyNest is to provide Massachusetts homeowners with all the information and guidance needed to choose the right homeowners policy to protect themselves, their homes, and their families.
As you obtain quotes and compare companies, keep in mind the factors that can impact your costs, including the cost to rebuild your home, the area where you live, and the value of your personal belongings.
We suggest getting a minimum of three quotes to compare costs and coverage before making a decision about which company is right for you.
Ask about discounts since some companies don’t volunteer that information; you can refer to our list as a reference point.
Our Methodology
How We Selected the Best Homeowners Insurance Companies for Massachusetts
Shopping for homeowners insurance can be time-consuming and stressful, with many companies to choose from.
We chose the six companies on this list using these criteria that we believe indicate which companies provide the best coverage for Massachusetts homeowners.
Average Cost
Many factors can impact the cost of homeowners insurance, and the cost is a determining factor for many homeowners in the Bay State.
We made it a point to choose companies that offer good value compared to the Massachusetts state average.
Read more: How Much Does Homeowners Insurance Cost?
Discounts
Homeowners insurance discounts can help to reduce the annual cost of homeowner insurance, particularly for homeowners who can layer multiple discounts.
The companies we chose all offer substantial discounts or have costs low enough to justify their inclusion without discounts.
Coverage
Your homeowners insurance should provide enough coverage to rebuild your home and replace all your belongings if destroyed.
We prioritize insurance carriers that provide top-notch standard coverage plus endorsements and add-ons to customize your policy to suit your needs.
Customer Service
If you have a homeowners insurance claim, it can be stressful, and homeowners want to feel confident they’ll get the service and support they need.
We selected companies with a strong history of customer service excellence, particularly those that provide multiple avenues of support.
Technology
Most of today’s homeowners prefer companies that have implemented technology to improve their service, particularly when it comes to filing claims.
The companies we chose all have informative websites and online support, and many also have free mobile apps for policyholders.