Peabody, MA homeowners insurance is nearly $895 to $1,212, about $74-$101/month. Our complete guide indicates shoppers can save upto $421 by comparing many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
| Home Insurance Company Near Peabody, MA | Homeowners Insurance Agency Near Peabody, MA | Address |
|---|---|---|
| Liberty Mutual Independent | Wieczorek Insurance Inc | 166 Concord Street, Manchester, NH, 3104 |
| Travelers | C L Hollis Insurance Agency Inc | 27 GLENN ST STE 8, STOUGHTON, MA, 2072 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Danvers CDP, Massachusetts | $159 | $212 | $318 |
| Lynnfield CDP, Massachusetts | $167 | $223 | $335 |
| Lynn city, Massachusetts | $154 | $205 | $308 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Peabody, MA | 4.2% | 15.2% |
| Danvers | 3.84% | 11.78% |
| Lynnfield | 3.24% | 10.58% |
| Lynn | 4.22% | 12.48% |
| Peabody Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 161 | 2.0% | $349 |
| $200 to $299 | 285 | 3.0% | $799 |
| $300 to $499 | 358 | 4.0% | $1249 |
| $500 to $749 | 670 | 9.0% | $1924 |
| $750 to $999 | 953 | 13.0% | $2674 |
| $1,000 to $1,499 | 2,862 | 39.0% | $3799 |
| $1,500 or more | 2,034 | 27.0% | $5449 |
| Streets in Peabody Area | Homeowners Insurance Cost |
|---|---|
| Allen Rd, Garden Dr, Newhall Pl, Dundee St, Ridgefield Ave, Sheffield Dr, Sparrow Ln, Normandy Dr, Pinecrest Ave, Manomet Rd | $1,062 |
| Symphony Rd, Silver Leaf Way, Proctor Cir, Myles St, Innis Rd, Aspen Ln, Sandra Rd, Danforth St, Wilson Ter, Scribner Rd | $1,040 |
| Bailey Ter, Blackstone St, Terri Rd, Joyce Rd, Rawding Rd, Northend St, Lewis Cir, Cosmos Dr, Hamilton Rd, Emily Ln | $1,059 |
| Nancy Ave, Krochmal Rd, Paleologos St, Benevento Cir, Druid Ave, Cunha Rd, Boulderbrook Dr, Naumkeag Rd, Littles Ln, Bresnahan St | $1,066 |
| Alma Ter, Harvard St, Sherry Lee Ln, Ravenwood Rd, Fulton St, Margin Ter, Bald Hill Ln, Temi Rd, Diane Rd, Janice Ln | $1,056 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Peabody | $157 to $160 |
| Danvers | $159 |
| Lynnfield | $167 |
| Lynn | $154 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,000 | $2,000 |
| Yearly Peabody Homeowner Insurance Premium Example | $1,700 | $1,200 |
| Out of Pocket Expense During Claim | $1,000 | $2,000 |
| Total Home Insurance Premium for 5 years + Out of Pocket Expense for Claim | $9,500 | $8,000 |
| Net Savings to Peabody Home Owner from High Deductible Plan | $1,500 | |
| Scenario | Peabody, MA Home Replacement Value MORE than Home Value | Peabody, MA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $382,000 | $304,000 |
| Insurance Premium based on Replacement Value | $3,350 | $2,675 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $34,000 | Risk Exposure from Under Insuring Coverage is $44,000 |
| Premium Impact | Insurance cheaper by $375/year | Insurance costlier by $300/year |
| Insurance Company | Amica Mutual Insurance Company | Liberty Mutual | State Farm |
| Monthly Premium | 185 | 160 | 261 |
| Year Built | 2011 | 1977 | 1991 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 2 Baths | 5 Beds, 4 Baths |
| Coverage Amount | $250000-$300000 | $250000-$300000 | $600000-$700000 |
| Deductible | $500- $1000 Deductible | $500 Deductible | $2500-$5000 Deductible |