Melrose Insurance Rates:

Melrose, MA homeowners insurance is about $915 to $1,243, about $76-$103/month. Our extensive analysis indicates shoppers can save as much as $431 by getting different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

Travelers
Sometimes the premium for the house will up 10% or 15% in one year, that's frustrating.
Travelers
The company is very local in terms of it’s' office so it provides a hometown feel. Maybe with something a bit more corporate, we could save some money on premiums.
State Farm
It is a bit dated and not very easy to get around. It seems that the independent agents aren't easily accessible through the app. Thankfully, I haven't yet had to make a claim, but find it easier to go to the physical office to make policy changes or inquiries.
State Farm
My agent is always friendly, courteous and will see me whether or not i have an appointment. if she is with another client, she will ask me to wait a few minutes.
Geico
Another plus to geicos customer service is direct to customer calls so no middle man getting involved in your calls.
Olympus Insurance
They have a very good online presence and they make it easy to file a claim on their site.
State Farm
I've thankfully never had to work with them before, IÃḃ€™ve never had to file any claims for the house. Which says a lot but based on the few conversations with them I am confident it would be okay.
Nationwide
I like the company Nationwide a bunch because they handle your problems fast and have the best

Melrose, MA Homeowners Insurance By Home Value

Melrose, MA Home Value Total Homes % of Total Average Melrose, MA Homeowners Insurance
Less than $50,000 53 1.0% $53
$100,000 to $124,999 69 2.0% $280
$150,000 to $174,999 108 3.0% $410
$175,000 to $199,999 34 1.0% $474
$200,000 to $249,999 187 5.0% $571
$250,000 to $299,999 480 15.0% $701
$300,000 to $399,999 2,238 70.0% $895

Top Home Insurance Agents Near Melrose, MA

Home Insurance Company Near Melrose, MA Homeowners Insurance Agency Near Melrose, MA Address
NA Deland Gibson Insurance Assoc 36 Washington Street  , Wellesley, MA, 2481
NA Metro South Insurance Agency 835 Dorchester Ave Dorchester, Boston, MA, 2125
Travelers Andrew G Gordon Inc 306 Washington Street, Norwell, MA, 2061
Liberty Mutual Minh Nguyen 50 Derby St., Hingham, MA, 2018
Liberty Mutual Independent Whittemore Insurance 172 ROCKINGHAM RD, LONDONDERRY, NH, 3053

Cost Of Homeowners Insurance By Street Near Melrose, MA

Streets in Melrose Area Homeowners Insurance Cost
Whitwell St, Argyle St, Ardsmoor Rd, Ledge St, Black Rock Rd, Goss Ave, S Mountain Ave, Stevens Rd, N Cedar Park, Berwick Pl$1,051
Groveland Rd, Woodland Ave, Swains Pond Ave, Old Brook Cir, Shadow St, Ridgewood Ln, Penny Hill Rd, Cranmore Ln, Crest Ave, E Emerson St$1,096
Leah St, Conrad Rd, Swain Pond Ave, Dyer Ave, Meridian St, Nelson Rd, Ferdinand St, Boston Rock Rd, Dartmouth Rd, Reading Hill Ave$1,092
N Mountain Ave, Chestnut Park, Burnett St, Apthorp Rd, Wyoming Hts, Fields Ct, Frost Ave, Cedarwood Ln, Wyoming Ter, Thurston Rd$1,079
Stone Pl, Brunswick Park, Heywood Ave, Garland St, Marmion Rd, Beacon Pl, Youle St, Carlida Rd, Orient Ave, Ravine Ter$1,091

Melrose, MA Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Melrose$161 to $164
Malden$157
Stoneham$160
Saugus$158

Melrose, 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
Malden city, Massachusetts $158 $210 $315
Stoneham CDP, Massachusetts $161 $214 $321
Saugus CDP, Massachusetts $158 $211 $317

Melrose, 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
Melrose, MA3.7%10.9%
Malden3.98%13.13%
Stoneham3.84%11.44%
Saugus3.96%13.42%

Melrose Renters Insurance as a Percentage of Rent

Melrose Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 158 4.0% $337
$200 to $299 181 4.0% $787
$300 to $499 256 6.0% $1237
$500 to $749 338 8.0% $1912
$750 to $999 676 17.0% $2662
$1,000 to $1,499 1,268 33.0% $3787
$1,500 or more 891 23.0% $5437

Melrose, MA Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,400$4,400
Yearly Melrose Homeowner Insurance Premium Example $3,000$2,400
Out of Pocket Expense During Claim$1,400$4,400
Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim $22,400$21,200
Net Savings to Melrose Home Owner from High Deductible Plan $1,200

Melrose, MA Home Insurance Costs With Home Replacement Value Scenarios

Scenario Melrose, MA Home Replacement Value MORE than Home Value Melrose, MA Home Replacement Value LESS than Home Value
Replacement Value $504,500 $375,000
Insurance Premium based on Replacement Value $4,650 $3,450
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $56,000 Risk Exposure from Under Insuring Coverage is $73,500
Premium Impact Insurance cheaper by $675/year Insurance costlier by $525/year

Example Melrose Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Liberty MutualChubb Group of InsuranceAllstate
Monthly Premium 462450284
Year Built 196419481980
Home Details 5 Beds, 1 Baths4 Beds, 3 Baths3 Beds, 1 Baths
Coverage Amount $800000-$900000$700000-$800000$350000-$400000
Deductible $2500-$5000 Deductible$500 Deductible$500 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1964 210,000 Asphalt Shingles Roof 1,230 3 $500- $1000 Deductible 310 2 Stone Siding yes
1949 180,000 Composition Roof 940 2 $5000 to $10,000 Deductible 570 9 Wood siding No
1940 640,000 Asphalt Shingles Roof 2,640 4 $500 Deductible 2250 6 Stucco siding yes
1944 285,000 Wood Shake Roof 1,400 3 $2500-$5000 Deductible 1730 10 Brick siding No
1966 375,000 Asphalt Shingles Roof 2,200 3 > $10,000 Deductible 1040 5 Vinyl siding No
1948 265,000 Shingles Roof 1,190 2 $500 Deductible 1490 9 Stucco siding No
1989 665,000 Asphalt Shingles Roof 3,520 5 > $10,000 Deductible 2050 8 Wood siding No
1943 575,000 Shingles Roof 3,080 5 > $10,000 Deductible 1130 6 Wood siding yes
1982 370,000 Asphalt Shingles Roof 1,970 3 $500- $1000 Deductible 1260 7 Vinyl siding yes
1988 845,000 Wood Shake Roof 3,840 5 $2500-$5000 Deductible 4100 10 Wood siding yes
1948 485,000 Composition Roof 2,420 5 $5000 to $10,000 Deductible 450 2 Vinyl siding yes
1944 520,000 Shingles Roof 2,890 5 $1000-$2500 Deductible 1790 7 Wood siding yes
1966 370,000 Shingles Roof 1,680 3 $2500-$5000 Deductible 160 1 Wood siding No
1962 595,000 Wood Shake Roof 3,330 4 $1000-$2500 Deductible 710 2 Stone Siding No
1943 370,000 Wood Shake Roof 1,520 3 $2500-$5000 Deductible 1990 10 Brick siding yes
1987 260,000 Membrane Roof 1,090 2 $500- $1000 Deductible 1650 8 Vinyl siding yes
1966 590,000 Tile Roof 2,630 4 $5000 to $10,000 Deductible 2320 10 Stucco siding yes
1940 550,000 Tile Roof 2,920 4 $500 Deductible 1040 3 Wood siding yes
1946 245,000 Metal Roof 1,000 2 > $10,000 Deductible 980 10 Vinyl siding yes
1969 245,000 Tile Roof 1,030 2 $2500-$5000 Deductible 100 1 Wood siding yes
1946 390,000 Composition Roof 1,840 3 $1000-$2500 Deductible 200 1 Vinyl siding No
1969 750,000 Wood Shake Roof 4,400 5 $500- $1000 Deductible 3240 6 Vinyl siding No
1968 155,000 Shingles Roof 920 2 $500- $1000 Deductible 190 2 Vinyl siding yes
1941 325,000 Shingles Roof 1,610 3 $2500-$5000 Deductible 880 6 Wood siding No
1944 205,000 Tile Roof 1,000 2 $1000-$2500 Deductible 1250 9 Vinyl siding No
1960 730,000 Wood Shake Roof 3,170 5 $2500-$5000 Deductible 2300 8 Wood siding No
1968 515,000 Metal Roof 2,630 4 $1000-$2500 Deductible 880 4 Wood siding No
1943 260,000 Slate Shingles Roof 1,160 2 $1000-$2500 Deductible 830 6 Vinyl siding No
1962 330,000 Composition Roof 1,820 4 $1000-$2500 Deductible 640 4 Fiber-Cement Siding No
1980 190,000 Slate Shingles Roof 1,090 2 $2500-$5000 Deductible 560 7 Fiber-Cement Siding yes
1981 850,000 Composition Roof 3,720 5 $500 Deductible 3910 7 Wood siding No
1983 405,000 Asphalt Shingles Roof 2,060 4 > $10,000 Deductible 400 4 Brick siding yes