Fall River Insurance Rates:

Fall River, MA homeowners insurance is approximately $870 to $1,179, about $72-$98/month. Our extensive analysis indicates shoppers can save upto $410 by comparing different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Fall River, MA Discounts on HomeOwners Insurance

In Fall River, MA homeowners pay an average home insurance rate of $1025. Homeowners in Fall River can use discounts offered by different companies to reduce their rates further. To save money on your monthly payments homeowners can take advantage of discounts offered by some of the leading insurers in town like Nationwide and State Farm for a lower cost than what is currently being charged.

Home Insurance Discounts Based on Deductibles 

Fall_River_MA_Discounts_on_HomeOwners_Insurance

A newly constructed Fall River home can enjoy $205 off on homeowners insurance. Houses are at their lowest propensity to damage when they're new, which is why companies offer attractive discounts for these homes as well. In contrast, older houses attract higher rates of repair and maintenance costs - a cost that's reflected in the price of your homeowner’s insurance premium and leads them to be charged an additional fee. For instance Fall River homes older than 40 and 50 years receive an additional charge of $27 and $39, respectively, on home insurance.

Homeowners in Fall River can get up to $21 off their insurance premiums by installing a swimming  pool. Installing self-latching and self-closing gates around the pool also benefits your insurance rates and insurance companies provide discounts for the same. Additionally, senior citizens receive discounts on home insurance rates so it is a perk  that a household has at least one person over 50 years old living there.Homeowners who don't smoke or live with smokers may be eligible for an additional discount from certain companies too.

Although most of the factors that determine discounts cannot be controlled by  homeowners, they can benefit most by choosing deductibles to reduce home insurance rates. Homeowners can avail of attractive discounts by opting for higher deductibles. Fall River homeowners paying a high deductible of $2,500 can avail of a discount of $289.05 on homeowners insurance. Homeowners receive discounts of $242.1 and $162.56, respectively, on deductibles of $2,000 and $1,500.

Homeowners in Fall River who have a claims-free history with their home insurance company can receive discounts on their premiums.Homeowners with prior claims can pay more for factors such as the number and type of claims. By providing a history of zero claim, homeowners save money on their premiums in Fall River by $430.05 or $164.0 respectively based on two fire damage incidents or water-damage incidents they have experienced previously.

Tips For Choosing The Best Fall River, MA, Home Insuranace Company

In‌‌ ‌‌Fall River,‌‌ Massachusetts,‌‌ ‌‌homeowners‌‌ ‌‌pay‌‌ ‌‌an‌‌ ‌‌average‌‌ ‌‌home‌‌ ‌‌insurance‌‌ ‌‌rate‌‌ ‌‌of‌‌‌ $1,025 which‌‌ ‌‌is‌‌ significantly lower than the‌‌ ‌‌national‌‌ ‌‌average‌‌ ‌‌premium‌‌ ‌‌of‌‌ ‌‌$1,438.‌‌ ‌‌‌Below‌‌ ‌‌are‌‌ ‌‌some‌‌ ‌‌of‌‌ ‌‌the‌‌ ‌‌factors‌‌ ‌‌that‌‌ ‌‌Fall River‌‌ ‌‌homeowners‌‌ ‌‌should‌‌ ‌‌consider‌‌ ‌‌before‌‌ ‌‌choosing‌‌ ‌‌the‌‌ ‌‌home‌‌ ‌‌insurance‌‌ ‌‌company‌‌ ‌‌that‌‌ ‌‌best‌‌ ‌‌suits‌‌ ‌‌their‌‌ ‌‌coverage‌‌ ‌‌needs.‌‌

Tips_For_Choosing_The_Best_Fall_River_MA

A.M. Best Rating

Financial strength is referred to as the capacity of an insurance company to grant current policyholders’ claims. Fall River homeowners are recommended to opt for home insurance companies with high financial strength ratings. A.M. Best rates home insurance companies based on their financial strength. Fall River homeowners can follow these ratings to identify home insurance companies with a high financial capacity.

J.D. Power Score

J.D. Power awards home insurance companies with a score based on the feedback collected from current policyholders. The customer satisfaction score of an insurance company is calculated using policy coverage, insurance rates, discounts, customer handling, and the speed at which a claim is processed. Fall River homeowners can use the J.D. Power Score to choose insurance companies that ensure the satisfaction of policyholders.

Comparing Quotes

Home insurance companies use different parameters to calculate home insurance rates. Home insurance quotes can differ from one insurance company to another. Fall River homeowners should obtain quotes from multiple home insurance companies to choose the cheapest one. Homeowners should also consider the add-on policies offered by home insurance companies, in addition to the standard home insurance policy.

Deductibles Vs. Insurance Rates

Fall River homeowners can opt for high deductibles to lower their home insurance. The deductibles and the corresponding reduction in home insurance rates differ from one home insurance company to another. Fall River homeowners are advised to choose the home insurance company that offers the highest discount for their deductible.

Claims Processing Speed

Home insurance companies should be swift in processing the claims of homeowners. Homeowners are generally given a time period of 10 to 30 days to file a claim in case of damages. Once submitted, home insurance companies take a maximum of 40 days to review the claim and accept or deny it. Fall River homeowners are suggested to choose home insurance companies with a simple and swift claims processing system.

Fall River, MA Homeowners Insurance By Home Value

Fall River, MA Home Value Total Homes % of Total Average Fall River, MA 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

Top Home Insurance Agents Near Fall River, MA

Home Insurance Company Near Fall River, MA Homeowners Insurance Agency Near Fall River, MA Address
NA Mechanics Cooperative Bank 308 Bay St, Taunton, MA, 2780
NA Neto Insurance Agency 1470 Pleasant St Fall River, Fall River, MA, 2723
Nationwide Daniel F. Dwyer Iii 38 Bellevue Ave, Newport, RI, 02840-3259
Travelers John P Riley Insurance Agency 379 NEPONSET AVE, DORCHESTER, MA, 2122
Liberty Mutual Independent Viveiros Insurance Agency Inc 375 Airport Road Fall River, Fall River, MA, 2720

Fall River, MA Home Insurance Agents for Top Companies


Fall River, MA Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Bristol County, Massachusetts $130 $173 $259
North Westport CDP, Massachusetts $130 $173 $260
Somerset CDP, Massachusetts $129 $172 $258

Fall River, MA Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Fall River, MA5.1%15.6%
Bristol County4.45%14.72%
North Westport4.53%17.08%
Somerset4.62%15.68%

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

Fall River, MA Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,200$4,200
Yearly Fall River Homeowner Insurance Premium Example $2,300$1,700
Out of Pocket Expense During Claim$1,200$4,200
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $19,600$17,800
Net Savings to Fall River Home Owner from High Deductible Plan $1,800

Fall River, MA Home Insurance Costs With Home Replacement Value Scenarios

Scenario Fall River, MA Home Replacement Value MORE than Home Value Fall River, MA Home Replacement Value LESS than Home Value
Replacement Value $265,000 $149,500
Insurance Premium based on Replacement Value $1,725 $975
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $61,000 Risk Exposure from Under Insuring Coverage is $54,500
Premium Impact Insurance cheaper by $350/year Insurance costlier by $400/year

Example Fall River Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Liberty MutualAmica Mutual Insurance CompanyChubb Group of Insurance
Monthly Premium 53135213
Year Built 194219421947
Home Details 2 Beds, 1 Baths3 Beds, 1 Baths4 Beds, 3 Baths
Coverage Amount $150000-$175000$175000-$200000$400000-$500000
Deductible $5000 to $10,000 Deductible$500- $1000 Deductible$2500-$5000 Deductible

Sample Home Insurance Rates for Fall River, MA from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1940 295,000 Composition Roof 2,100 3 $5000 to $10,000 Deductible 330 3 Stone Siding No
1948 140,000 Wood Shake Roof 1,010 2 $1000-$2500 Deductible 680 12 Stone Siding No
1941 185,000 Composition Roof 1,260 3 $2500-$5000 Deductible 970 9 Stucco siding yes
1946 195,000 Membrane Roof 1,340 3 $5000 to $10,000 Deductible 260 3 Stone Siding yes
1948 160,000 Tile Roof 1,260 2 $500- $1000 Deductible 700 9 Stucco siding yes
1946 200,000 Shingles Roof 1,370 3 $1000-$2500 Deductible 670 6 Wood siding yes
1949 170,000 Tile Roof 1,460 3 $500 Deductible 900 9 Fiber-Cement Siding No
1943 260,000 Membrane Roof 1,800 4 > $10,000 Deductible 460 6 Stucco siding yes
1947 270,000 Slate Shingles Roof 1,700 2 $2500-$5000 Deductible 1530 10 Wood siding No
1946 250,000 Wood Shake Roof 2,170 4 $500 Deductible 240 2 Fiber-Cement Siding yes
1949 495,000 Shingles Roof 3,340 4 $2500-$5000 Deductible 1910 8 Stone Siding yes
1941 230,000 Composition Roof 1,850 3 > $10,000 Deductible 380 6 Stone Siding yes
1941 130,000 Wood Shake Roof 1,120 2 $1000-$2500 Deductible 430 7 Stone Siding yes
1949 220,000 Membrane Roof 1,660 3 $2500-$5000 Deductible 1680 10 Brick siding yes
1942 270,000 Tile Roof 1,940 4 $500- $1000 Deductible 1680 12 Brick siding yes
1947 280,000 Wood Shake Roof 1,910 4 $2500-$5000 Deductible 990 9 Brick siding yes
1946 290,000 Membrane Roof 1,890 3 > $10,000 Deductible 970 7 Wood siding No
1946 205,000 Metal Roof 1,720 2 $2500-$5000 Deductible 1430 12 Vinyl siding No
1947 255,000 Composition Roof 2,390 4 $2500-$5000 Deductible 690 6 Brick siding yes
1941 310,000 Composition Roof 2,630 4 $500- $1000 Deductible 190 1 Vinyl siding No
1948 220,000 Composition Roof 1,980 4 $5000 to $10,000 Deductible 830 10 Wood siding yes
1940 150,000 Asphalt Shingles Roof 1,360 3 $1000-$2500 Deductible 90 1 Brick siding yes
1943 155,000 Wood Shake Roof 1,440 2 $500 Deductible 100 1 Stucco siding No
1946 380,000 Tile Roof 3,370 4 $500 Deductible 3550 12 Wood siding yes
1942 210,000 Wood Shake Roof 1,690 3 $2500-$5000 Deductible 280 3 Stone Siding yes
1945 320,000 Membrane Roof 2,720 4 $5000 to $10,000 Deductible 1320 9 Fiber-Cement Siding yes
1944 405,000 Shingles Roof 3,110 4 $1000-$2500 Deductible 580 3 Wood siding yes
1947 340,000 Wood Shake Roof 3,020 4 $2500-$5000 Deductible 1200 7 Fiber-Cement Siding yes
1948 245,000 Composition Roof 2,100 3 $500 Deductible 270 2 Vinyl siding No
1941 185,000 Shingles Roof 1,760 3 $500- $1000 Deductible 1300 12 Wood siding yes
1945 315,000 Metal Roof 2,270 3 $500 Deductible 1050 5 Brick siding No
1940 190,000 Shingles Roof 1,650 2 $500- $1000 Deductible 980 12 Brick siding yes
1948 450,000 Slate Shingles Roof 3,190 4 > $10,000 Deductible 180 1 Vinyl siding No
1942 140,000 Metal Roof 1,040 2 $2500-$5000 Deductible 350 5 Stucco siding No
1935 155,000 Tile Roof 1,075 2 $2500-$5000 Deductible 780 8 Vinyl siding No

Latest Home Insurance Reviews

Ameriprise
I would totally recommend this insurance to any homeowner. Not only is it available through your Costco Executive membership they have the greatest customer satisfaction.
Concord Group Insurance
The other thing i don't like is that i don't feel a close connection with them and i wonder if my home is valued at what it is worth. they do not contact me or reach out in any way, i just pay my annual bill and that is the only communication i have with them. the personal touch and customer service is lacking."
Allstate
I never had to submit a claim and they are easy to work with when I need them. The payments are easy and don't bother me with correspondence.
State Farm
I just switched to them but the process has been easy. Hopefully that will also be the case when I have a claim. The prices are good and they are local so I'm feeling good.
Travelers
it is affordable. it has different plans for different budgets. has many deals/offers that help you save money even up to $200 in savings. customer service representatives are knowledgeable,helpful.
Allstate
I am just not in a position where leaving Allstate seems like a good idea. They seem knowledgable and treat me well. It would take significantly lower prices to lure me away from them.
Allstate
This is where I am not entirely sure what other companies offer. Allstate was my provider for car insurance and I wanted to just make sure that I got the discount.
Geico
It offers the normal stuff like property damage, which isn't a huge huge deal to me (yet) because I rent. The big deals are that things like furniture, computers, game systems and jewelry.
Allstate
Allstate-The service is great. They value our time so much. They give the policy very little time
State Farm
I HAVE HAD NO OPPORTUNITY OR DESIRE TO UTILIZE ANY OTHER HOME INSURANCE SERVICES BECAUSE STATE FARM HAS BEEN GREAT. I HAVE NO COMPARISON.
Safety Insurance
I do not know the exact prices and policy information but I do know that the deductible was a good prices compared to the competitors. My husband had handled the insurance.
Farmer's Insurance
This company covers what you need with a bill that is affordable. This is all we ever looked for in home insurance.
Farmer's Insurance
Sometimes we want to be able to know exactly who we are dealing with, which is the downfall of the online policy. there are occasions that we need to deal with a person and not a computer.
Marion Mutual
I do like that they have a great staff that is willing to help you out and go above and beyond to get the best deal possible. they are also very patience when it comes to getting stuff done on the house.
Liberty Mutual
They are always prompt in their interactions with you and make sure you are never waiting for too long. They also keep you up to date with all of their new deals.
State Farm
What I dislike is the cost of our premium. I know in my area all premiums are high due to crime and fraud, however, I don't like being penalized for others mistakes or criminal activity.
Aaa
I just call them and they ask me questions and I answer those questions to the best of my ability.
State Farm
I have to go back to the home screen a lot to be able to navigate. I wish there was a nice drop-down menu instead.
Safety Insurance
I would recommend safety insurance.I'm paying slightly less than I would if I went with their competitors. but, its not like I'm getting some amazing deal that others are missing out on.
Geico
I can't imagine why someone would continue to use a company they would not recommend. Geico has great customer service and they make things fast and easy.
Progressive
I would recommend them to anyone. They are a great company that has great people working for them.

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