Marblehead, MA homeowners insurance is nearly $950 to $1,301, about $79-$108/month. Our thorough guide indicates shoppers can save upto $450 by getting many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Salem city, Massachusetts | $131 | $174 | $261 |
| Swampscott CDP, Massachusetts | $135 | $179 | $269 |
| Beverly city, Massachusetts | $133 | $177 | $265 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Marblehead, MA | 3.4% | 10.9% |
| Salem | 4.15% | 11.02% |
| Swampscott | 3.44% | 9.08% |
| Beverly | 3.91% | 11.53% |
| Marblehead Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 115 | 7.0% | $764 |
| $300 to $499 | 105 | 6.0% | $1214 |
| $500 to $749 | 145 | 9.0% | $1889 |
| $750 to $999 | 178 | 11.0% | $2639 |
| $1,000 to $1,499 | 455 | 29.0% | $3764 |
| $1,500 or more | 567 | 36.0% | $5414 |
| Streets in Marblehead Area | Homeowners Insurance Cost |
|---|---|
| Joel Rd, Monroe Rd, Catherine Ln, Sandie Ln, Ames Rd, Rose Ave, Eustis Rd, Crocker Park Ln, Dartmouth Rd, Hereford Rd | $1,131 |
| Vassar Rd, Sparhawk Ter, Ralph Rd, Bank Ct, Nicholson Hill, Hawkes St, Dameys Way, Independence Way, Anchorage Ln, Pierce St | $1,121 |
| Arrowhead Rd, Buchanan Rd, Circle St, Arnold Ter, Gallison Ave, Clifton Heights Ln, Anderson St, Tuckers Wharf, Girdler Rd, Carol Rd | $1,163 |
| Cheever Ave, Auburndale Rd, Wallace Rd, Jane Rd, Longview Dr, Briar Ln, Bradlee Rd, Beverly Ave, Elm Pl, Cliffside Rd | $1,130 |
| Tioga Way, Follett St, Baldwin Rd, Leggs Hill Rd, Westport Ln, Broadmere Way, Clipper Way, Sevinor Rd, Mariners Ln, Skinners Path | $1,133 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Marblehead | $167 to $170 |
| Salem | $156 |
| Swampscott | $161 |
| Beverly | $159 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,000 | $2,000 |
| Yearly Marblehead Homeowner Insurance Premium Example | $3,000 | $2,500 |
| Out of Pocket Expense During Claim | $1,000 | $2,000 |
| Total Home Insurance Premium for 3 years + Out of Pocket Expense for Claim | $10,000 | $9,500 |
| Net Savings to Marblehead Home Owner from High Deductible Plan | $500 | |
| Scenario | Marblehead, MA Home Replacement Value MORE than Home Value | Marblehead, MA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $827,000 | $496,000 |
| Insurance Premium based on Replacement Value | $7,100 | $4,275 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $140,000 | Risk Exposure from Under Insuring Coverage is $191,000 |
| Premium Impact | Insurance cheaper by $1,625/year | Insurance costlier by $1,200/year |
| Insurance Company | Chubb Group of Insurance | State Farm | Amica Mutual Insurance Company |
| Monthly Premium | 170 | 182 | 699 |
| Year Built | 1964 | 1976 | 1943 |
| Home Details | 3 Beds, 2 Baths | 4 Beds, 3 Baths | 5 Beds, 2 Baths |
| Coverage Amount | $300000-$350000 | $400000-$500000 | $900000-$1000000 |
| Deductible | $5000 to $10,000 Deductible | $5000 to $10,000 Deductible | $500- $1000 Deductible |