Medford Insurance Rates:

Medford, MA homeowners insurance is roughly $907 to $1,230, about $75-$102/month. Our exhaustive guide shows customers can save as much as $427 by comparing different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

Homesite Insurance
I do recommend this company, they pair with geico so it was easy to log in and see my policy and have that and car insurance in one place. The whole process has been so easy.
Progressive
I will rate it a 4 just because I've never had to deal with them regarding my insurance except to sign up for it. It was much more affordable than other companies, which I why I am satisfied.
Liberty Mutual
Liberty mutual is a big insurance company, so of course they offer all kinds of options when it comes to home insurance any they give plenty of discounts.
Aaa
our deductible is pretty high but i think it is what the industry standard calls for. i would rather pay for the deductible than a huge bill for some mishap on our home.
Farmer's Insurance
Farmers offers incredible value for the money; when we switched carriers we cut our costs in half and increased our coverage by 50 %.
Farmer's Insurance
If you call the 1-800 number during the weekend can be a hassle because you are waiting along time until you actually get another person on the line.
Allstate
We also have our auto insurance with allstate so it is one stop shopping and we have developed a good relationship with the agent and his staff.
Allstate
I think that the premium is reasonable. I may be able to do better, but I trust this company.
Ameriprise
While we have not had any issues, any time they are contacted for even the simplest question, they are very prompt with their response.
Geico
I am currently satisfied; however, that could change if I ever have to file a claim and encounter an unpleasant situation like the company unwillingness to pay on time.
Geico
They offer a competitive rate and have good customer service. I have not used the mobile app but the website is easy to use to check policy details and pay bills.
Allstate
The company has great customer service, is always available, and has great resources and the best prices that I have found. Definitely happy with the company, not planning on switching anytime soon.
Ameriprise
Every year or so I call a competitor and ask for a quote. Never once has Ameriprise's price been beat. Always the lowest in the land.

Medford, MA Homeowners Insurance By Home Value

Medford, MA Home Value Total Homes % of Total Average Medford, MA Homeowners Insurance
Less than $50,000 125 1.0% $64
$125,000 to $149,999 122 1.0% $373
$175,000 to $199,999 143 1.0% $512
$200,000 to $249,999 816 11.0% $619
$250,000 to $299,999 1,362 18.0% $758
$300,000 to $399,999 4,539 62.0% $961

Top Home Insurance Agents Near Medford, MA

Home Insurance Company Near Medford, MA Homeowners Insurance Agency Near Medford, MA Address
NA Edwin Lucey Insurance Agency 919 A Eastern Avenue, Malden, MA, 2148
NA Beacon Insurance Agency 22 Middlesex Street North Chelsmford, Chelmsford, MA, 1863
NA George F Haskell Agency 199 Chestnut St, Needham, MA, 2492
NA Michael J. Conway Insurance 77 East Merrimack Street, Lowell, MA, 1852
NA Robert M Degregorio Insurance 34 Woodside Avenue, Winthrop, MA, 2152

Medford, MA Home Insurance Agents for Top Companies


Cost Of Homeowners Insurance By Street Near Medford, MA

Streets in Medford Area Homeowners Insurance Cost
Lila Ave, Park Street Ct, Ramshead Rd, Clayton Ave, Baxter St, Goldsmith Ave, Larkin Rd, Dianne Rd, Chipman St, Wheelwright Rd$1,060
Knollwood Rd, Rice Ave, Kilgore Ave, Woodrow Ave, Symmes St, Winford Way, Hunewill Ave, Maverick St, Aquavia Rd, Wright Ave$1,087
Sherborn Ct, Norwich Cir, Corporation Way, Stearns Ave, Everlyn Ave, Cushing Rd, Wolcott Park, Howland Cir, Sycamore Ave, Woodruff Ave$1,089
Leyden St, Hobbs Rd, Kenmere Rd, Fellsview Ave, Fells Avenue Ter, Benjamin Cir, Hatch Rd, Lambert St, Hume Ave, Hatch St$1,060
City Hall Mall, 9th St, Congress Ave, Clewley Rd, Cedar Rd N, Shapley Ave, Sturtevant Ter, Station Lndg, Radcliff St, Walsh St$1,063

Medford, MA Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Medford$159 to $162
Somerville$162
Malden$157
Winchester$174

Medford, 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
Somerville city, Massachusetts $163 $217 $326
Malden city, Massachusetts $158 $210 $315
Winchester CDP, Massachusetts $175 $233 $350

Medford, 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
Medford, MA3.8%11.8%
Somerville3.79%11.47%
Malden3.98%13.13%
Winchester2.86%9.71%

Medford Renters Insurance as a Percentage of Rent

Medford Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 148 1.0% $342
$200 to $299 590 6.0% $792
$300 to $499 337 3.0% $1242
$500 to $749 601 6.0% $1917
$750 to $999 828 8.0% $2667
$1,000 to $1,499 3,152 33.0% $3792
$1,500 or more 3,661 39.0% $5442

Medford, MA Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,900$3,900
Yearly Medford Homeowner Insurance Premium Example $2,900$2,400
Out of Pocket Expense During Claim$1,900$3,900
Total Home Insurance Premium for 6 years + Out of Pocket Expense for Claim $19,300$18,300
Net Savings to Medford Home Owner from High Deductible Plan $1,000

Medford, MA Home Insurance Costs With Home Replacement Value Scenarios

Scenario Medford, MA Home Replacement Value MORE than Home Value Medford, MA Home Replacement Value LESS than Home Value
Replacement Value $521,000 $370,000
Insurance Premium based on Replacement Value $4,625 $3,300
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $87,000 Risk Exposure from Under Insuring Coverage is $64,000
Premium Impact Insurance cheaper by $550/year Insurance costlier by $775/year

Example Medford Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company AllstateChubb Group of InsuranceState Farm
Monthly Premium 140166333
Year Built 194519481940
Home Details 3 Beds, 2 Baths2 Beds, 1 Baths5 Beds, 4 Baths
Coverage Amount $200000-$250000$200000-$250000$500000-$600000
Deductible $500- $1000 Deductible$500 Deductible$500- $1000 Deductible

Sample Home Insurance Rates for Medford, 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 535,000 Asphalt Shingles Roof 3,210 5 $5000 to $10,000 Deductible 400 2 Fiber-Cement Siding No
1947 420,000 Shingles Roof 1,880 5 > $10,000 Deductible 280 2 Brick siding No
1947 675,000 Composition Roof 3,030 4 $500- $1000 Deductible 1930 5 Stone Siding yes
1949 375,000 Metal Roof 2,300 3 $1000-$2500 Deductible 1140 5 Fiber-Cement Siding No
1941 355,000 Asphalt Shingles Roof 1,740 2 > $10,000 Deductible 240 2 Vinyl siding yes
1940 685,000 Asphalt Shingles Roof 3,090 4 $2500-$5000 Deductible 2300 7 Wood siding yes
1940 675,000 Slate Shingles Roof 3,260 5 $1000-$2500 Deductible 340 1 Wood siding No
1948 515,000 Membrane Roof 2,880 4 $5000 to $10,000 Deductible 740 3 Vinyl siding No
1946 225,000 Composition Roof 1,020 2 $2500-$5000 Deductible 360 4 Stucco siding No
1948 535,000 Metal Roof 2,360 4 $500 Deductible 740 3 Vinyl siding yes
1940 360,000 Membrane Roof 2,230 5 $500- $1000 Deductible 2590 12 Brick siding yes
1940 325,000 Wood Shake Roof 2,050 3 > $10,000 Deductible 320 4 Stone Siding No
1945 375,000 Shingles Roof 1,730 2 $500 Deductible 950 3 Wood siding No
1946 315,000 Membrane Roof 1,530 3 $5000 to $10,000 Deductible 730 6 Stone Siding No
1943 560,000 Membrane Roof 3,370 4 $2500-$5000 Deductible 530 2 Brick siding yes
1944 325,000 Tile Roof 1,600 2 $5000 to $10,000 Deductible 1400 12 Fiber-Cement Siding yes
1940 330,000 Membrane Roof 1,570 3 $500- $1000 Deductible 1900 8 Stone Siding yes
1942 500,000 Shingles Roof 2,460 4 $500 Deductible 500 2 Brick siding yes
1945 225,000 Composition Roof 1,200 2 > $10,000 Deductible 490 5 Vinyl siding No
1941 530,000 Slate Shingles Roof 2,330 4 $1000-$2500 Deductible 930 4 Wood siding No
1943 600,000 Wood Shake Roof 3,260 4 > $10,000 Deductible 2400 9 Stone Siding No
1942 1,025,000 Membrane Roof 4,980 5 $2500-$5000 Deductible 1780 3 Fiber-Cement Siding No
1947 370,000 Composition Roof 1,760 4 $5000 to $10,000 Deductible 940 6 Vinyl siding yes
1948 390,000 Membrane Roof 2,060 3 $1000-$2500 Deductible 1000 4 Fiber-Cement Siding No
1946 485,000 Shingles Roof 2,760 4 $2500-$5000 Deductible 890 3 Brick siding yes
1945 325,000 Wood Shake Roof 1,770 2 $1000-$2500 Deductible 230 1 Vinyl siding No
1941 540,000 Metal Roof 3,040 4 $500 Deductible 3490 7 Vinyl siding No
1943 725,000 Slate Shingles Roof 3,290 4 > $10,000 Deductible 2050 6 Vinyl siding No
1946 300,000 Membrane Roof 1,730 4 $2500-$5000 Deductible 770 6 Vinyl siding No
1947 320,000 Membrane Roof 1,530 2 $500- $1000 Deductible 1080 4 Stone Siding yes
1941 445,000 Composition Roof 2,190 3 $5000 to $10,000 Deductible 480 2 Brick siding No
1945 340,000 Tile Roof 2,030 3 $5000 to $10,000 Deductible 950 7 Vinyl siding No
1940 310,000 Membrane Roof 1,910 4 $500- $1000 Deductible 1070 6 Wood siding No

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