Norwood Insurance Rates:

Norwood, MA home insurance is about $905 to $1,228, about $75-$102/month. Our exhaustive analysis indicates shoppers can save as much as $426 by comparing many quotes

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Norwood Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Liberty Mutual
Home Insurance Rate of $660/3 months for $500000-$600000 Coverage
Policy Holder Home Details :

Home Value : $570,000

4 Beds, 4 Baths 2820 sqft Rental Property Constructed In 1947 with Carpet over wood flooring, Metal Roof, Slab Foundation, Stone Siding, Stucco Construction. Home Features Include Deadbolt Locks, Indoor Sprinklers, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

40 Years old Married Female who has a Part Time Job with household income of less than $25,000 and has 2 Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 800-850 Credit Score

  • Guests at home

Home Insurance Rate of $1440/5 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $420,000

4 Beds, 4 Baths 1890 sqft Vacation Property Constructed In 1943 with Stone Flooring, Wood Shake Roof, Piers Foundation, Wood siding, Stucco Construction. Home Features Include Indoor Sprinklers, Smoke Alarm, Fireplace, Fire Extinguisher, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

68 Years old Single Male who has a Full Time Job with household income of $25-50,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 650-699 Credit Score

  • Guests at home

Home Insurance Rate of $1140/8 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $205,000

2 Beds, 2 Bath 1000 sqft Vacation Property Constructed In 1944 with Carpet over wood flooring, Composition Roof, Piers Foundation, Vinyl siding, Stucco Construction. Home Features Include Indoor Sprinklers, Deadbolt Locks, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

67 Years old Divorced Female 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

  • 600-649 Credit Score

  • Guests at home

Home Insurance Rate of $880/7 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $305,000

2 Beds, 2 Bath 1410 sqft Seasonal Residence Constructed In 1947 with Wood Flooring, Asphalt Shingles Roof, Slab Foundation, Fiber-Cement Siding, Wood Frame. Home Features Include Swimming Pool, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 50-75% Mortgage Paid off

  • 800-850 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1060/3 months for $600000-$700000 Coverage
Policy Holder Home Details :

Home Value : $680,000

5 Beds, 5 Baths 3480 sqft Seasonal Residence Constructed In 1985 with Wood Flooring, Slate Shingles Roof, Slab Foundation, Vinyl siding, Stucco Construction. Home Features Include Swimming Pool, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

36 Years old Single Male who is Unemployed with household income of less than $25,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 800-850 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $1050/10 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $245,000

2 Beds, 2 Bath 1110 sqft Vacation Property Constructed In 1978 with Carpet over wood flooring, Metal Roof, Piers Foundation, Stone Siding, Stucco Construction. Home Features Include Indoor Sprinklers, Copper Water Pipes, Fireplace, Smoke Alarm, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

44 Years old Married Female who is a Freelancer with household income of $75-$100,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $610/4 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $215,000

2 Beds, 2 Bath 1410 sqft Seasonal Residence Constructed In 1979 with Carpet over wood flooring, Membrane Roof, Chainwall Foundation, Stone Siding, Brick Frame. Home Features Include Swimming Pool, Fireplace, Indoor Sprinklers, Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

36 Years old Married Female who is a Freelancer with household income of $100-$150,000 and has 3 Pets and is a Smoker

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

  • 750-799 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $700/8 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $215,000

2 Beds, 2 Bath 1330 sqft Vacation Property Constructed In 1974 with Linoleum, Slate Shingles Roof, Slab Foundation, Stone Siding, Brick Frame. Home Features Include Fire Extinguisher, Indoor Sprinklers, Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

35 Years old Divorced Male who is a Freelancer with household income of $50-$75,000 and has No Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

  • Guests at home

Norwood Rates & Quotes Analysis:

Norwood Area Estimated House Insurance
Achorn St, Douglas Ave, Florence Ave, Alpine Rd, George F Willett Pkwy, Emerson Dr, Heather Dr, Ryan Dr, W Border Rd, Peabody Rd$1,079
Lydon St, Merryfield Pl, Eden St, Barberry Ln, Nichols St, Devon Rd, Birch Rd, Columbine Rd, Fox Run, Lawndale Rd$1,078
Pilgrim Dr, 6th St, McKinley Rd, Joy St, Westover Pkwy, Gwen Ct, Allen Rd, Cottage St E, Feeney Rd, Clapboardtree St$1,065
Mill Pond Ln, Rock St, Bird Rd, Curran Ave, Rose Ct, Surrey Rd, Pellana Rd, Douglas Cir, Everett Ave, Pleasant Ct$1,050
Plymouth Dr, Fulton St, Ellis Ave, E Cross St, Bright St, Roosevelt Ave, Quail Run, Silver St, Brookview Cir, St John Ave$1,052

Insurance rates are influenced by a number of factors including:

  • Year Built: 2,463 Homes (19% of total homes ) built between 1950 to 1959 in Norwood are paying home insurance between $2,005-$2,021. Places close to Norwood, MA such as Norfolk County, Westwood, Canton are more expensive by $10, $145, $27 respectively while Stoughton and Randolph are cheaper by $35 and $60 respectively for similar homes.
  • Bedrooms: 3,969 2 bedrooms homes (33% of total homes ) in Norwood are paying about $374 in contrast with Westwood (+$27), Canton (+$4), Sharon (+$8), Stoughton (-$7) and Randolph (-$12).
  • Auto Insurance Bundling: 1,315 Households (19% of all households) in Norwood have 3 or more vehicles available and when it is bundled with home insurance you can save $266. Discounts for similar bundling in close by locations such as Norfolk County, Westwood, Canton come to $267, $285, $270 respectively.
  • Senior Discounts: 3,357 seniors (more than 55 years) occupied housing units (49% of total) in Norwood get discounts between $159 to $162 in contrast with Norfolk County ($160), Westwood ($171), Canton ($162).
  • New Homes discounts: New homes such as the 3,393 homes built between 2000 to 2009 in Norwood can save $213 and varies from Norfolk County ($214), Westwood ($228), Canton ($216).

Norwood Homeowners insurance Facts

  • Norwood, MA has 6,797 owner occupied houses which is 58.5% of all units whereas Norfolk County, Westwood and Canton have 69.77%, 87.95% and 75.21% respectively.
  • Norwood, MA homeowners yearly insurance price at $1,066 is 0.28% of the typical house value of $378,900 which is in contrast with 0.27% in Norfolk County, 0.18% at Westwood & 0.25% in Canton.
  • Homeowners in Norwood, MA pay 4.74% of their income ($20,000 to $24,999) in insurance whereas homeowners in Norfolk County, Westwood and Canton pay 4.76%, 5.08% and 4.8% respectively.
  • Norwood, MA’s insurance is 4.1% of monthly housing costs of $2,182/month, for owners with a mortgage compared to 3.66% in Norfolk County, 3.13% at Westwood & 3.7% in Canton. But, for households without a mortgage, insurance is 15.0% of costs ($591 in Norwood, MA) in contrast with 11.25% in Norfolk County, 9.8% at Westwood & 11.86% in Canton.

Norwood, MA Home Values & Insurance rates

For example, insurance for 361 Homes (9.0% of total homes ) valued between $200,000 to $249,999 in Norwood, MA is about $628. Rates in nearby areas in such as Norfolk County, Westwood, Canton are cheaper by $18, $217, $56 respectively while Dedham and Stoughton are costlier by $11 and $104 respectively for similar homes.

Norwood, MA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 60 1.0% $63
$100,000 to $124,999 42 1.0% $309
$125,000 to $149,999 64 1.0% $383
$200,000 to $249,999 361 9.0% $628
$250,000 to $299,999 714 18.0% $767
$300,000 to $399,999 2,670 67.0% $980

Renters Insurance in Norwood

  • Average Renters Insurance in Norwood :  $175($14/month)

  • Median Gross Rent in Norwood :  $1,211

  • Norwood Renters Insurance to Median Rent Ratio:  1.16%

  • Renter occupied housing units in Norwood :  4,826

Norwood Renters Insurance as a Percentage of Rent

Norwood Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 60 1.0% $343
$200 to $299 249 5.0% $793
$300 to $499 192 4.0% $1243
$500 to $749 303 6.0% $1918
$750 to $999 574 12.0% $2668
$1,000 to $1,499 2,016 42.0% $3793
$1,500 or more 1,300 27.0% $5443

Rent Affordability in Norwood:

Approximately 28.0% (1,390) of households are spending more than 35% of their income on gross rent in Norwood

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 690 14.0%
15.0 to 19.9 percent 824 17.0%
20.0 to 24.9 percent 783 16.0%
25.0 to 29.9 percent 619 12.0%
30.0 to 34.9 percent 520 10.0%
35.0 percent or more 1,390 28.0%

Protective device discount in Norwood Up to :  $26

Claims-free discount in Norwood Up to :  $35