Gloucester, MA homeowners insurance is approximately $903 to $1,227, about $75-$102/month. Our complete guide indicates shoppers can save as much as $426 by getting different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
| Home Insurance Company Near Gloucester, MA | Homeowners Insurance Agency Near Gloucester, MA | Address |
|---|---|---|
| Allstate | Spence & Mathews | 4 Sullivan Sq PO Box 715, Berwick, ME, 3901 |
| Travelers | Willis Of New Hampshire Inc | ONE NEW HAMPSHIRE AVE, PORTSMOUTH, NH, 3801 |
| Travelers | Guy E Groenendaal | C/O PAUL GAMES 138 RIVER ROAD STE 310, ANDOVER, MA, 1810 |
| Liberty Mutual Independent | J. Conrad Coffey Insurance Agency Llc | 2 WELLMAN AVE STE 320, NASHUA, NH, 3064 |
| Liberty Mutual | Jared Yagjian | 99 Rosewood Dr., Danvers, MA, 1923 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Rockport town, Essex County, Massachusetts | $164 | $218 | $327 |
| Essex town, Essex County, Massachusetts | $165 | $220 | $330 |
| Manchester-by-the-Sea town, Essex County, Massachusetts | $180 | $240 | $360 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Gloucester, MA | 4.2% | 11.2% |
| Rockport | 4.07% | 11.78% |
| Essex | 3.34% | 12.65% |
| Manchester-by-the-Sea | 3.44% | 10.02% |
| Gloucester Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 105 | 2.0% | $344 |
| $200 to $299 | 262 | 6.0% | $794 |
| $300 to $499 | 182 | 4.0% | $1244 |
| $500 to $749 | 625 | 15.0% | $1919 |
| $750 to $999 | 1,064 | 26.0% | $2669 |
| $1,000 to $1,499 | 1,230 | 30.0% | $3794 |
| $1,500 or more | 604 | 14.0% | $5444 |
| Streets in Gloucester Area | Homeowners Insurance Cost |
|---|---|
| Bass Ave, Gilbert Rd, Gloucester Ave, Butman Ave, Knowlton Sq, New Way Ln, Maura Way, Old Ford Rd, Loring Ct, Silva Ct | $1,026 |
| Hampden St, Gould Ct, Stuart Rd, Julie Ct, Bray St, Abbey Rd, Anchor Ln, N Kilby St, Strawberry Cove, Cottage Ln | $1,058 |
| Myrtle Sq, Riggs St, Lawrence Ct, Crestview Ter, Bungalow Rd, Causeway St, Lowe Dr, Willowood Rd, Andrews Ct, Russ Rd | $1,058 |
| Hesperus Cir, Munsey Ln, Spring Ct, Whipple Woods Rd, Clarendon St, Loma Dr, Stanwood Ter, Dorset Dr, Bridgewater St, Tolman Ave | $1,086 |
| Riverview Rd, Fernwood Hts, Totten Ln, Ferncliff Hts, Conant Ave, S Kilby St, Colburn St, Burnham St, Ocean View Dr, Cole Ave | $1,103 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Gloucester | $159 to $162 |
| Rockport | $163 |
| Essex | $165 |
| Manchester-by-the-Sea | $180 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,900 | $3,900 |
| Yearly Gloucester Homeowner Insurance Premium Example | $2,500 | $2,000 |
| Out of Pocket Expense During Claim | $1,900 | $3,900 |
| Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $19,400 | $17,900 |
| Net Savings to Gloucester Home Owner from High Deductible Plan | $1,500 | |
| Scenario | Gloucester, MA Home Replacement Value MORE than Home Value | Gloucester, MA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $493,000 | $322,000 |
| Insurance Premium based on Replacement Value | $4,050 | $2,650 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $66,000 | Risk Exposure from Under Insuring Coverage is $105,000 |
| Premium Impact | Insurance cheaper by $875/year | Insurance costlier by $525/year |
| Insurance Company | Allstate | Amica Mutual Insurance Company | Liberty Mutual |
| Monthly Premium | 144 | 199 | 155 |
| Year Built | 1949 | 1943 | 1949 |
| Home Details | 2 Beds, 1 Baths | 5 Beds, 1 Baths | 4 Beds, 2 Baths |
| Coverage Amount | $200000-$250000 | $350000-$400000 | $300000-$350000 |
| Deductible | $500- $1000 Deductible | $2500-$5000 Deductible | $5000 to $10,000 Deductible |