Fall River Insurance Rates:

Fall River, MA home insurance is approximately $870 to $1,179, about $72-$98/month. Our extensive analysis indicates shoppers can save upto $410 by comparing different quotes

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Fall River Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Chubb Group of Insurance
Home Insurance Rate of $580/3 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $405,000

4 Beds, 4 Baths 3110 sqft Rental Property Constructed In 1944 with Linoleum, Shingles Roof, Slab Foundation, Wood siding, Stucco Construction. Home Features Include Indoor Sprinklers, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

72 Years old Single Male who has a Full Time Job with household income of $50-$75,000 and has 3 Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1200/7 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $340,000

4 Beds, 4 Baths 3020 sqft Seasonal Residence Constructed In 1947 with Hardwood Flooring, Wood Shake Roof, Piers Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Indoor Sprinklers, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

72 Years old Married Male who has a Full Time Job with household income of less than $25,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • Up to 499 Credit Score

Home Insurance Rate of $270/2 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $245,000

3 Beds, 3 Baths 2100 sqft Seasonal Residence Constructed In 1948 with Ceramic Tile Flooring, Composition Roof, Piers Foundation, Vinyl siding, Wood Frame. Home Features Include Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

38 Years old Divorced Female who is a Freelancer with household income of $75-$100,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 600-649 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $1300/12 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $185,000

3 Beds, 3 Baths 1760 sqft Vacation Property Constructed In 1941 with Ceramic Tile Flooring, Shingles Roof, Crawl Space Foundation, Wood siding, Metal Frame Construction. Home Features Include Deadbolt Locks, Swimming Pool, Fire Extinguisher, Smoke Alarm, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

38 Years old Divorced Male who is a Freelancer with household income of $50-$75,000 and has 2 Pets and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • Up to 499 Credit Score

Home Insurance Rate of $1050/5 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $315,000

3 Beds, 3 Baths 2270 sqft Rental Property Constructed In 1945 with Carpet over wood flooring, Metal Roof, Slab Foundation, Brick siding, Brick Frame. Home Features Include Fireplace, Smoke Alarm, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

27 Years old Divorced Male who is Unemployed with household income of less than $25,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

Home Insurance Rate of $980/12 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $190,000

2 Beds, 2 Bath 1650 sqft Seasonal Residence Constructed In 1940 with Linoleum, Shingles Roof, Chainwall Foundation, Brick siding, Metal Frame Construction. Home Features Include Smoke Alarm, Central Air Conditioning, Fireplace, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

36 Years old Divorced Male who has a Part Time Job with household income of $25-50,000 and has 3 Pets and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 750-799 Credit Score

  • Seniors staying at home

Home Insurance Rate of $180/1 month for $500000-$600000 Coverage
Policy Holder Home Details :

Home Value : $450,000

4 Beds, 4 Baths 3190 sqft Rental Property Constructed In 1948 with Carpet Flooring, Slate Shingles Roof, Crawl Space Foundation, Vinyl siding, Stucco Construction. Home Features Include Indoor Sprinklers, Deadbolt Locks, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

66 Years old Single Female who is Unemployed and has No Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 800-850 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $350/5 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $140,000

2 Beds, 2 Bath 1040 sqft Primary Residence Constructed In 1942 with Stone Flooring, Metal Roof, Slab Foundation, Stucco siding, Wood Frame. Home Features Include Deadbolt Locks, Fireplace, Smoke Alarm, Indoor Sprinklers, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

34 Years old Married Female who is Unemployed with household income of less than $25,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $780/8 months for $100,000-$125,000 Coverage
Policy Holder Home Details :

Home Value : $155,000

2 Beds, 2 Bath 1075 sqft Primary Residence Constructed In 1935 with Carpet over wood flooring, Tile Roof, Chainwall Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Deadbolt Locks, Smoke Alarm, Copper Water Pipes, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

70 Years old Divorced Male who is Retired with household income of $25-50,000 and has More than 3 Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 800-850 Credit Score

  • Seniors staying at home

Fall River Rates & Quotes Analysis:

Fall River Area Estimated House Insurance
Glasgow St, Huard St, Dublin St, Meridian St, Winward St, Elsbree St, Larouche St, Magellan St, Gagnon St, Bark St$1,030
Ling St, Merino St, Notre Dame St, Hirst St, Acacia St, Marchand St, Pond Hill Dr, Middlesex St, Riverview St, Jeremiah V Sullivan Dr$1,005
Judson St, S Almond St, Watkins St, Aetna St, Savoie St, Fenmore St, Copicut Rd, Columbia St, Flynn St, Rolling Green Dr$1,029
Dussault St, Oregon St, Montgomery St, Bailey St, Thornhill Rd, 14th St, Wrights Way, Hambly St, Country Club Rd, Prevost St$1,033
Cambridge St, Whitman St, Marsh St, Shepard St, Cheryls Way, Tucker St, E End Sportsman Rd, Varley St, Hamlet St, Williston St$1,018

Insurance rates are influenced by a number of factors including:

  • Year Built: 3,270 Homes (7% of total homes ) built between 1970 to 1979 in Fall River are paying home insurance between $1,663-$1,678. Places close to Fall River, MA such as Bristol County, North Westport, Somerset are more expensive by $18, $26, $15 respectively while New Bedford and West Wareham are cheaper by $11 and $48 respectively for similar homes.
  • Bedrooms: 7,034 1 bedroom homes (16% of total homes ) in Fall River are paying about $349 in contrast with Bristol County (+$4), North Westport (+$5), Somerset (+$3).
  • Auto Insurance Bundling: 2,727 Households (19% of all households) in Fall River have 3 or more vehicles available and when it is bundled with home insurance you can save $256. Discounts for similar bundling in close by locations such as Bristol County, North Westport, Somerset come to $259, $260, $258 respectively.
  • Senior Discounts: 7,515 seniors (more than 55 years) occupied housing units (52% of total) in Fall River get discounts between $153 to $155. The comparative concessions in proximate regions such as Bristol County, North Westport and Freetown are $155, $156 and $157 respectively.
  • New Homes discounts: New homes such as the 6,264 homes built between 2000 to 2009 in Fall River can save $205 and differs from Bristol County ($207), North Westport ($208), Somerset ($207).

Fall River Homeowners insurance Facts

  • Fall River, MA has 14,190 owner occupied houses which is 37.6% of all units whereas Bristol County, North Westport and Somerset have 63.62%, 84.79% and 82.85% respectively.
  • Fall River, MA homeowners yearly insurance price at $1,025 is 0.41% of the typical house value of $247,600 which is in contrast with 0.36% in Bristol County, 0.35% at North Westport & 0.37% in Somerset.
  • Homeowners in Fall River, MA pay 5.86% of their income ($15,000 to $19,999) in insurance whereas homeowners in Bristol County, North Westport and Somerset pay 5.93%, 5.95% and 5.91% respectively.
  • Fall River, MA’s insurance is 5.1% of monthly housing costs of $1,681/month, for owners with a mortgage compared to 4.45% in Bristol County, 4.53% at North Westport & 4.62% in Somerset. But, for households without a mortgage, insurance is 15.6% of costs ($547 in Fall River, MA) in contrast with 14.72% in Bristol County, 17.08% at North Westport & 15.68% in Somerset.

Fall River, MA Home Values & Insurance rates

For example, insurance for 1,149 Homes (8.0% of total homes ) valued between $175,000 to $199,999 in Fall River, MA is about $768. Rates in nearby areas in such as Bristol County, North Westport, Somerset are cheaper by $94, $123, $85 respectively while Ocean Grove and New Bedford are costlier by $29 and $67 respectively for similar homes.

Fall River, MA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 346 2.0% $102
$100,000 to $124,999 452 3.0% $451
$125,000 to $149,999 520 3.0% $563
$150,000 to $174,999 1,038 7.0% $666
$175,000 to $199,999 1,149 8.0% $768
$200,000 to $249,999 3,465 25.0% $932
$250,000 to $299,999 3,327 24.0% $1137
$300,000 to $399,999 2,757 20.0% $1445

Renters Insurance in Fall River

  • Average Renters Insurance in Fall River :  $255($21/month)

  • Median Gross Rent in Fall River :  $699

  • Fall River Renters Insurance to Median Rent Ratio:  3.0%

  • Renter occupied housing units in Fall River :  23,528

Fall River Renters Insurance as a Percentage of Rent

Fall River Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 651 2.0% $363
$200 to $299 1,909 8.0% $813
$300 to $499 2,926 12.0% $1263
$500 to $749 7,966 34.0% $1938
$750 to $999 6,151 26.0% $2688
$1,000 to $1,499 3,177 13.0% $3813

Rent Affordability in Fall River:

Approximately 44.0% (10,410) of households are spending more than 35% of their income on gross rent in Fall River

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 3,501 14.0%
15.0 to 19.9 percent 2,565 10.0%
20.0 to 24.9 percent 2,608 11.0%
25.0 to 29.9 percent 2,604 11.0%
30.0 to 34.9 percent 1,840 7.0%
35.0 percent or more 10,410 44.0%

Protective device discount in Fall River Up to :  $38

Claims-free discount in Fall River Up to :  $51