Worcester Insurance Rates:

Worcester, MA home insurance is about $864 to $1,171, about $72-$97/month. Our in depth guide reveals consumers can save upto $406 by comparing multiple quotes

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Worcester Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
State Farm
Home Insurance Rate of $550/8 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $145,000

3 Beds, 3 Baths 1430 sqft Rental Property Constructed In 1990 with Hardwood Flooring, Tile Roof, Chainwall Foundation, Vinyl siding, Stucco Construction. Home Features Include Swimming Pool, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

25 Years old Married Female who has a Part Time Job with household income of $25-50,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1110/10 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $195,000

2 Beds, 2 Bath 1630 sqft Rental Property Constructed In 1964 with Carpet over wood flooring, Asphalt Shingles Roof, Crawl Space Foundation, Wood siding, Stucco Construction. Home Features Include Indoor Sprinklers, Smoke Alarm, Swimming Pool, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

66 Years old Married Female who has a Full Time Job with household income of $25-50,000 and has 1 Pet and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 800-850 Credit Score

  • Guests at home

Home Insurance Rate of $660/8 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $200,000

3 Beds, 3 Bath 1560 sqft Seasonal Residence Constructed In 1963 with Ceramic Tile Flooring, Wood Shake Roof, Crawl Space Foundation, Stucco siding, Metal Frame Construction. Home Features Include Smoke Alarm, Fire Extinguisher, Indoor Sprinklers, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 75-100% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

Home Insurance Rate of $310/3 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $200,000

4 Beds, 4 Bath 1650 sqft Seasonal Residence Constructed In 1943 with Ceramic Tile Flooring, Shingles Roof, Slab Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Copper Water Pipes, Indoor Sprinklers, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

74 Years old Single Female who is Retired and has 2 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 500-549 Credit Score

Home Insurance Rate of $1750/9 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $430,000

4 Beds, 4 Baths 3170 sqft Seasonal Residence Constructed In 1999 with Carpet over wood flooring, Wood Shake Roof, Chainwall Foundation, Stucco siding, Wood Frame. Home Features Include Central Air Conditioning, Swimming Pool, Deadbolt Locks, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

71 Years old Single Male who has a Full Time Job with household income of more than $150,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 650-699 Credit Score

Home Insurance Rate of $400/2 months for $175,000-$200,000 Coverage
Policy Holder Home Details :

Home Value : $160,000

3 Beds, 3 Baths 1292 sqft Rental Property Constructed In 1933 with Carpet Flooring, Composition Roof, Chainwall Foundation, Wood siding, Wood Frame. Home Features Include Copper Water Pipes, Fireplace, Central Air Conditioning, Deadbolt Locks, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

31 Years old Married Male who is a Freelancer with household income of $25-50,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

Worcester Rates & Quotes Analysis:

Worcester Area Estimated House Insurance
Paris Ave, Preston St, Coventry Rd, Greenbush Rd, Amanola Ave, Chiltern Hill Dr N, Orton St Exd, Gorham St, Jefferson St, Olga Ct$1,021
Snowy Owl Ln, Seconset St, E Mountain St, Southern Ave, Briarcliff Rd, Teconnett Path, Roxbury St, Saint Louis St, Curtis Pkwy, Bay State Rd$1,021
Genessee St, Sagamore Rd, Windsor St, Potomska St, Michigan Rd, Division St, Drummond Ave, Blackstone River Rd, Hermitage Ln, Rural St$1,028
Tunis Rd, Sever St, Winfield St, Cameron St, Valmor St, Lyon Pl, Holcombe St, Huntley St, Kilby St, Tuckerman St$1,005
Maverick Rd, Edmons St, Coolidge Rd, Langdon St, Suburban Rd, Passway 4, Riley St, Hockanum Way, Benham St, Royal Rd$1,027
Fountain St, Upland Gardens Dr, Wrentham Rd, Bella Ln, Standish St, Everett Gaylord St, Mower St, Tahanto Rd, Christine Dr, Newton Ave$1,011
Healy Rd, Snowbell Ln, Young St, Cataumet St, Rock Ave, Barry Rd Exd, Thorne St, Dawson Rd, Exeter St, Swan Ave$1,018
Keach Ave, W Lake St, Alpine St, Delmont Ave, Germain St, North Pkwy, College St, Leyton Rd, Lull St, Sultan St$1,009
Hartford Rd, Ingleside Ave, Longfellow Rd, Ashton St, Lazelle St, Wisteria St, Ridgley St, Plane St, Brightwood Ave, Vinton St$1,017
Claremont St, Navajo Rd, Marland Ct, Clover St, Claremont Sq, Apollo Rd, Envelope Ter, Monterey Rd, Vesper St, Leslie Rd$1,006

Insurance rates are influenced by a number of factors including:

  • Year Built: 37,915 Homes (48% of total) built between 1939 or earlier in Worcester are paying home insurance between $2,177-$2,192 in contrast with Shrewsbury (+$98), Auburn (+$18), Millbury (+$34), Brookfield (-$14) and Southbridge Town (-$12).
  • Bedrooms: 29,672 3 bedrooms homes (39% of total homes ) in Worcester are paying about $458. Areas near to Worcester such as Shrewsbury, Auburn, Millbury are costlier by $20, $4, $7 respectively whereas Brookfield and Gardner are more economical by $3, $5 respectively for similar homes.
  • Auto Insurance Bundling: 4,730 Households (14% of all households) in Worcester have 3 or more vehicles available and when it is bundled with home insurance you can save $254. Discounts for similar bundling in close by locations such as Shrewsbury, Auburn, Millbury come to $265, $256, $258 respectively.
  • Senior Discounts: 14,221 seniors (more than 55 years) occupied housing units (45% of total) in Worcester get discounts between $152 to $154 in contrast with Shrewsbury ($159), Auburn ($153), Millbury ($154).
  • New Homes discounts: New homes such as the 14,748 homes built between 2000 to 2009 in Worcester can save $203 in contrast with Shrewsbury ($212), Auburn ($205), Millbury ($206).

Worcester Homeowners insurance Facts

  • Worcester, MA has 31,602 owner occupied houses which is 45.2% of all units whereas Shrewsbury, Auburn and Millbury have 73.77%, 86.39% and 73.02% respectively.
  • Worcester, MA homeowners yearly insurance price at $1,017 is 0.45% of the typical house value of $226,200 which is in contrast with 0.29% in Shrewsbury, 0.41% at Auburn & 0.37% in Millbury.
  • Homeowners in Worcester, MA pay 2.39% of their income ($40,000 to $44,999) in insurance whereas homeowners in Shrewsbury, Auburn and Millbury pay 2.5%, 2.41% and 2.43% respectively.
  • Worcester, MA’s insurance is 4.7% of monthly housing costs of $1,790/month, for owners with a mortgage compared to 3.94% in Shrewsbury, 4.6% at Auburn & 4.61% in Millbury. But, for households without a mortgage, insurance is 14.1% of costs ($603 in Worcester, MA) in contrast with 13.74% in Shrewsbury, 14.33% at Auburn & 12.66% in Millbury.

Worcester, MA Home Values & Insurance rates

For example, insurance for 9,034 Homes (30.0% of total homes ) valued between $200,000 to $249,999 in Worcester, MA is about $1,006. Rates in nearby areas in such as Shrewsbury, Auburn, Millbury are cheaper by $348, $84, $170 respectively while North Brookfield and Brookfield are costlier by $11 and $85 respectively for similar homes.

Worcester, MA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 698 2.0% $111
$90,000 to $99,999 387 1.0% $416
$100,000 to $124,999 1,210 4.0% $488
$125,000 to $149,999 1,249 4.0% $610
$150,000 to $174,999 3,139 10.0% $722
$175,000 to $199,999 4,008 13.0% $833
$200,000 to $249,999 9,034 30.0% $1006
$250,000 to $299,999 5,705 18.0% $1230
$300,000 to $399,999 4,282 14.0% $1566

Renters Insurance in Worcester

  • Average Renters Insurance in Worcester :  $270($22/month)

  • Median Gross Rent in Worcester :  $903

  • Worcester Renters Insurance to Median Rent Ratio:  2.44%

  • Average household size of renter-occupied unit :  2.31

Worcester Renters Insurance as a Percentage of Rent

Worcester Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 1,026 2.0% $367
$200 to $299 2,724 7.0% $817
$300 to $499 3,051 8.0% $1267
$500 to $749 5,662 15.0% $1942
$750 to $999 10,759 28.0% $2692
$1,000 to $1,499 11,657 31.0% $3817
$1,500 or more 2,410 6.0% $5467

Rent Affordability in Worcester:

Approximately 44.0% (17,043) of households are spending more than 35% of their income on gross rent in Worcester

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 4,130 10.0%
15.0 to 19.9 percent 4,163 10.0%
20.0 to 24.9 percent 4,120 10.0%
25.0 to 29.9 percent 5,051 13.0%
30.0 to 34.9 percent 3,750 9.0%
35.0 percent or more 17,043 44.0%

Protective device discount in Worcester Up to :  $40

Claims-free discount in Worcester Up to :  $54