Newton Insurance Rates:

Newton, MA home insurance is approximately $986 to $1,342, about $82-$111/month. Our all inclusive guide shows customers can save upto $465 by comparing different quotes

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Newton Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Chubb Group of Insurance
Home Insurance Rate of $2160/6 months for $500000-$600000 Coverage
Policy Holder Home Details :

Home Value : $630,000

3 Beds, 3 Bath 2380 sqft Primary Residence Constructed In 1946 with Linoleum, Shingles Roof, Slab Foundation, Stone Siding, Brick Frame. Home Features Include Deadbolt Locks, Fire Extinguisher, Fireplace, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

56 Years old Divorced Female who is a Freelancer with household income of $25-50,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 800-850 Credit Score

Home Insurance Rate of $1350/6 months for $500000-$600000 Coverage
Policy Holder Home Details :

Home Value : $575,000

3 Beds, 3 Baths 1530 sqft Seasonal Residence Constructed In 1946 with Stone Flooring, Asphalt Shingles Roof, Slab Foundation, Stone Siding, Metal Frame Construction. Home Features Include Fireplace, Copper Water Pipes, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

38 Years old Married Female who is a Freelancer with household income of $25-50,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 800-850 Credit Score

  • Seniors staying at home

Home Insurance Rate of $450/3 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $440,000

2 Beds, 2 Bath 1610 sqft Seasonal Residence Constructed In 1941 with Wood Flooring, Asphalt Shingles Roof, Piers Foundation, Stucco siding, Wood Frame. Home Features Include Indoor Sprinklers, Central Air Conditioning, Fireplace, Swimming Pool, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

70 Years old Married Female who has a Part Time Job with household income of $25-50,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $1120/7 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $430,000

2 Beds, 2 Bath 1550 sqft Rental Property Constructed In 1947 with Carpet Flooring, Shingles Roof, Piers Foundation, Stone Siding, Stucco Construction. Home Features Include Central Air Conditioning, Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

33 Years old Single Male who is Unemployed and has 3 Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1920/5 months for $500000-$600000 Coverage
Policy Holder Home Details :

Home Value : $610,000

3 Beds, 3 Baths 2030 sqft Rental Property Constructed In 1940 with Stone Flooring, Slate Shingles Roof, Crawl Space Foundation, Stone Siding, Brick Frame. Home Features Include Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

44 Years old Single Female 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 :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $1020/4 months for $600000-$700000 Coverage
Policy Holder Home Details :

Home Value : $815,000

4 Beds, 4 Baths 2460 sqft Rental Property Constructed In 1965 with Ceramic Tile Flooring, Metal Roof, Slab Foundation, Stucco siding, Wood Frame. Home Features Include Smoke Alarm, Copper Water Pipes, Deadbolt Locks, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

26 Years old Married Female who has a Full Time Job with household income of $50-$75,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 500-549 Credit Score

  • Guests at home

Home Insurance Rate of $2730/6 months for $600000-$700000 Coverage
Policy Holder Home Details :

Home Value : $610,000

3 Beds, 3 Bath 2200 sqft Primary Residence Constructed In 1948 with Carpet Flooring, Tile Roof, Piers Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Fireplace, Copper Water Pipes, Fire Extinguisher, Smoke Alarm, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

70 Years old Married Male who is a Freelancer with household income of $50-$75,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 550-599 Credit Score

Home Insurance Rate of $1170/6 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $410,000

2 Beds, 2 Bath 1410 sqft Rental Property Constructed In 1941 with Stone Flooring, Metal Roof, Chainwall Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Deadbolt Locks, Swimming Pool, Fireplace, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

66 Years old Single Female who is Unemployed with household income of less than $25,000 and has No Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $3010/10 months for $700000-$800000 Coverage
Policy Holder Home Details :

Home Value : $840,000

4 Beds, 4 Bath 2390 sqft Seasonal Residence Constructed In 1942 with Ceramic Tile Flooring, Asphalt Shingles Roof, Crawl Space Foundation, Brick siding, Wood Frame. Home Features Include Indoor Sprinklers, Fireplace, Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

73 Years old Married Female who is a Freelancer with household income of $25-50,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

Home Insurance Rate of $380/1 month for $600000-$700000 Coverage
Policy Holder Home Details :

Home Value : $565,000

3 Beds, 3 Baths 2160 sqft Rental Property Constructed In 1948 with Linoleum, Wood Shake Roof, Chainwall Foundation, Stucco siding, Metal Frame Construction. Home Features Include Central Air Conditioning, Copper Water Pipes, Indoor Sprinklers, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

69 Years old Divorced Female who has a Full Time Job with household income of more than $150,000 and has 3 Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • Up to 499 Credit Score

Home Insurance Rate of $4300/5 months for More than $1,000,000 Coverage
Policy Holder Home Details :

Home Value : $1,685,000

5 Beds, 5 Baths 4062 sqft Rental Property Constructed In 1950 with Ceramic Tile Flooring, Slate Shingles Roof, Chainwall Foundation, Brick siding, Metal Frame Construction. Home Features Include Smoke Alarm, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

25 Years old Married Female who has a Full Time Job with household income of more than $150,000 and has 2 Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 600-649 Credit Score

  • Guests at home

Newton Rates & Quotes Analysis:

Newton Area Estimated House Insurance
Cottage Ct, Judkins St, Washington Park, Stonewood Dr, Mullen Ct, Reservoir Dr, Seton Hill Rd, Beethoven Ave, Smith Ct, Pine Crest Rd$1,090
Hyde St, Sky View Cir, Palmer Rd, Bacon Pl, Bound Brook Rd, Shornecliffe Rd, Berkeley Pl, Aspen Ave, Davis Ave, Pond Ave$1,192
Charlemont St, Moulton St, Woodward St, Pine Grove Ave, Parkview Ave, Collins Rd, Woodcliff Rd, Eliot Memorial Rd, Graydale Cir, N Gate Park$1,167
Mossfield Rd, Lawmarissa Rd, Chilton Pl, Bristol Rd, Avondale Rd, Lorraine Cir, Needham Ter, High Rock Ter, Antonellis Cir, Quinobequin Rd$1,264
S Park St, Richmond Rd, Helene Rd, Nanatum Pl, Montclair Rd, Exmoor Rd, Bonita St, Ober Rd, Wood End Rd, Hay Rd$1,245
Saxon Ter, Tudor Ter, Hallron Rd, Locksley Rd, Melina Rd, Stoneleigh Rd, Holden Rd, Solon St, Bemuth Rd, Otis Pl$1,139
Commonwealth Park, Prairie Ave, Hammel Pl, Omar Ter, Ferncroft Rd, Gambier St, Sweet St, Elmore St, Sargent Park, Burnside Rd$1,138
Heatherland Rd, Arlo Rd, Brandeis Rd, Hurley Pl, Ruane Rd, Hammond Pond Pkwy, Blithedale St, Hammondswood Rd, Eastbourne Rd, Howe Rd$1,190
Old England Rd, Clovelly Rd, Crofton Rd, Hammond Pond Pkwy, Tennyson Rd, Judkins Path, Rider Ter, Nehoiden Rd, Beacon Heights Dr, Glazer Rd$None
Kippy Dr, Auburndale Ave, Warren Ter, Mayflower Ter, Agawam Rd, Olde Field Rd, Varick Hill Rd, Circuit Ave, Old Orchard Rd, Hersey St$1,236

Insurance rates are influenced by a number of factors including:

  • Year Built: 17,494 Homes (54% of total homes ) built between 1939 or earlier in Newton are paying home insurance between $2,492-$2,510. Places close to Newton, MA such as Wellesley, Weston, Dover are more expensive by $133, $214, $146 respectively while Watertown Town and Needham are cheaper by $177 and $27 respectively for similar homes.
  • Bedrooms: 6,670 4 bedrooms homes (20% of total homes ) in Newton are paying about $850 compared to Wellesley (+$45), Weston (+$73), Dover (+$50), Watertown Town (-$49) and Needham (-$8).
  • Auto Insurance Bundling: 3,057 Households (14% of all households) in Newton have 3 or more vehicles available and when it is bundled with home insurance you can save $291. Discounts for similar bundling in close by locations such as Watertown Town, Brookline, Needham come to $270, $290, $288 respectively.
  • Senior Discounts: 11,422 seniors (more than 55 years) occupied housing units (53% of total) in Newton get discounts between $173 to $175. The comparative concessions in proximate regions such as Watertown Town, Brookline and Needham are $162, $174 and $172 respectively.
  • New Homes discounts: New homes such as the 6,996 homes built between 2000 to 2009 in Newton can save $232 and similar new home insurance discounts in nearby towns and cities like Watertown Town, Brookline and Needham are $216, $232 and $230 respectively.

Newton Homeowners insurance Facts

  • Newton, MA has 21,519 owner occupied houses which is 69.8% of all units whereas Watertown Town, Brookline and Needham have 52.35%, 49.4% and 83.45% respectively.
  • Newton, MA homeowners yearly insurance price at $1,164 is 0.17% of the typical house value of $687,300 which is in contrast with 0.25% in Watertown Town, 0.17% at Brookline & 0.18% in Needham.
  • Homeowners in Newton, MA pay 4.23% of their income ($25,000 to $29,999) in insurance whereas homeowners in Watertown Town, Brookline and Needham pay 3.93%, 4.23% and 4.19% respectively.
  • Newton, MA’s insurance is 3.0% of monthly housing costs of $3,264/month, for owners with a mortgage compared to 3.76% in Watertown Town, 3.17% at Brookline & 3.02% in Needham. But, for households without a mortgage, insurance is 9.7% of costs ($1,001 in Newton, MA) in contrast with 11.05% in Watertown Town, 9.68% at Brookline & 9.87% in Needham.

Newton, MA Home Values & Insurance rates

For example, insurance for 71 Homes (2.0% of total homes ) valued between $125,000 to $149,999 in Newton, MA is about $232. Rates in nearby areas in such as Weston, Lexington, Winchester are cheaper by $68, $11, $11 respectively while Needham and Belmont are costlier by $10 and $8 respectively for similar homes.

Newton, MA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 146 4.0% $34
$50,000 to $59,999 65 2.0% $81
$60,000 to $69,999 89 2.0% $104
$100,000 to $124,999 42 1.0% $186
$125,000 to $149,999 71 2.0% $232
$175,000 to $199,999 92 3.0% $314
$200,000 to $249,999 277 9.0% $372
$250,000 to $299,999 365 12.0% $465
$300,000 to $399,999 1,777 59.0% $582

Renters Insurance in Newton

  • Median Gross Rent in Newton :  $1,632

  • Average household size of renter-occupied unit :  2.2

Newton Renters Insurance as a Percentage of Rent

Newton Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299 337 3.0% $745
$300 to $499 478 5.0% $1195
$500 to $749 234 2.0% $1870
$750 to $999 393 4.0% $2620
$1,000 to $1,499 2,115 23.0% $3745
$1,500 or more 5,269 59.0% $5395

Rent Affordability in Newton:

Approximately 38.0% (3,624) of households are spending more than 35% of their income on gross rent in Newton

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 1,252 13.0%
15.0 to 19.9 percent 1,464 15.0%
20.0 to 24.9 percent 962 10.0%
25.0 to 29.9 percent 1,162 12.0%
30.0 to 34.9 percent 833 8.0%
35.0 percent or more 3,624 38.0%

Newton Renters Insurance Discounts:

Newton Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Newton, MA Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 4,727 50.0% NA
2 vehicles available 2,811 30.0% NA
3 or more vehicles available 527 5.0% NA