Lynn, MA homeowners insurance is about $873 to $1,184, about $72-$98/month. Our extensive guide reveals consumers can save as much as $411 by comparing multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
| Home Insurance Company Near Lynn, MA | Homeowners Insurance Agency Near Lynn, MA | Address |
|---|---|---|
| Travelers | Aronson Insurance | 950 Highland Ave, Needham, MA, 2494 |
| Travelers | Cleary Insurance Inc | 226 Causeway St Suite 302, Boston, MA, 2114 |
| Travelers | Gencorp Ins Brokerage Of Massachusetts Inc | 35 ADAMS ST, ABINGTON, MA, 2351 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Saugus CDP, Massachusetts | $132 | $176 | $264 |
| Swampscott CDP, Massachusetts | $135 | $179 | $269 |
| Salem city, Massachusetts | $131 | $174 | $261 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Lynn, MA | 4.2% | 12.5% |
| Saugus | 3.96% | 13.42% |
| Swampscott | 3.44% | 9.08% |
| Salem | 4.15% | 11.02% |
| Lynn Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 636 | 3.0% | $361 |
| $200 to $299 | 1,627 | 9.0% | $811 |
| $300 to $499 | 1,448 | 8.0% | $1261 |
| $500 to $749 | 2,140 | 12.0% | $1936 |
| $750 to $999 | 4,074 | 23.0% | $2686 |
| $1,000 to $1,499 | 6,291 | 35.0% | $3811 |
| $1,500 or more | 1,430 | 8.0% | $5461 |
| Streets in Lynn Area | Homeowners Insurance Cost |
|---|---|
| Chandler Ter, Hilton Ave, Van Buren St, Lafayette Park W, Greenleaf Cir, Bickford St, Brookline Ave, Judith Way, Ashton Sq, Ladd Hill Rd | $1,019 |
| W Neptune St, Maplewood Rd, Saint Clair St, Bagley Ter, Glenwood St, Lovers Leap Ave, Haviland Ave, Hacker Rd, Lafayette Park, Hanover St | $1,024 |
| Rock St, Linton Rd, Prescott Rd, Shirley Rd, Indian Hill Rd, Everett St, Fiske Ave, Wells Pl, Kings Hill Dr, Hanover Cir | $1,015 |
| B St, Ashlee Glen, Estes St, Lynnmere Ave, Graves Pl, Moon Rd, River Street Ct, Trevett Ave, Dorinda Cir, Wonderland Ter | $1,026 |
| Sutcliffe Rd, Harding St, Acorn St, Longhill Rd, Mount Pleasant St, Ocean Park, Tilton Pl, Joel Cir, Orlando Ave, Woodside Ter | $1,047 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Lynn | $154 to $156 |
| Saugus | $158 |
| Swampscott | $161 |
| Salem | $156 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,000 | $3,000 |
| Yearly Lynn Homeowner Insurance Premium Example | $2,100 | $1,600 |
| Out of Pocket Expense During Claim | $1,000 | $3,000 |
| Total Home Insurance Premium for 6 years + Out of Pocket Expense for Claim | $13,600 | $12,600 |
| Net Savings to Lynn Home Owner from High Deductible Plan | $1,000 | |
| Scenario | Lynn, MA Home Replacement Value MORE than Home Value | Lynn, MA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $394,000 | $244,000 |
| Insurance Premium based on Replacement Value | $3,500 | $2,175 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $81,500 | Risk Exposure from Under Insuring Coverage is $68,500 |
| Premium Impact | Insurance cheaper by $600/year | Insurance costlier by $725/year |
| Insurance Company | State Farm | Chubb Group of Insurance | Amica Mutual Insurance Company |
| Monthly Premium | 46 | 155 | 182 |
| Year Built | 1962 | 1944 | 1941 |
| Home Details | 2 Beds, 1 Baths | 3 Beds, 1 Baths | 4 Beds, 2 Baths |
| Coverage Amount | $100000-$125000 | $200000-$250000 | $400000-$500000 |
| Deductible | $2500-$5000 Deductible | $500 Deductible | > $10,000 Deductible |