Reading, MA homeowners insurance is about $922 to $1,252, about $76-$104/month. Our comprehensive guide indicates shoppers can save upto $434 by getting many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
| Home Insurance Company Near Reading, MA | Homeowners Insurance Agency Near Reading, MA | Address |
|---|---|---|
| Liberty Mutual Independent | C & S Insurance | 190 Chauncy St, MANSFIELD, MA, 2048 |
| Travelers | H R Hatch Insurance Agency | 31 MILK ST STE 410, BOSTON, MA, 2109 |
| Travelers | Gammons-Adams Insurance Agency Inc | 328 BEDFORD ST, LAKEVILLE, MA, 2347 |
| Travelers | Massdrive Insurance Group | 241 A Street, Boston, MA, 2210 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Wakefield CDP, Massachusetts | $134 | $179 | $268 |
| North Reading town, Middlesex County, Massachusetts | $135 | $179 | $269 |
| Lynnfield CDP, Massachusetts | $140 | $186 | $279 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Reading, MA | 3.4% | 9.8% |
| Wakefield | 3.79% | 11.45% |
| North Reading | 3.33% | 11.16% |
| Lynnfield | 3.24% | 10.58% |
| Reading Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 29 | 1.0% | $333 |
| $200 to $299 | 164 | 10.0% | $783 |
| $300 to $499 | 87 | 5.0% | $1233 |
| $500 to $749 | 32 | 2.0% | $1908 |
| $750 to $999 | 151 | 9.0% | $2658 |
| $1,000 to $1,499 | 533 | 33.0% | $3783 |
| $1,500 or more | 573 | 36.0% | $5433 |
| Streets in Reading Area | Homeowners Insurance Cost |
|---|---|
| Waverly Rd, Indian Tree Ln, Morgan Park, Adams Way, Small Ln, Roma Ln, Old Mill Ln, Parsons Ln, Chute St, Cory Ln | $1,093 |
| Cape Cod Ave, Rachel Rd, Wescroft Rd, Laurel Ln, Haven St, Countryside Ln, Field Pond Dr, Franklin Ter, Colburn Rd, Cherry Lane Dr | $1,100 |
| Kenneth Rd, Melbourne Ave, Fox Run Ln, Granger Ave, Criterion St, Milton Rd, Catherine Ave, Grey Coach Ln, Swan Rd, Shelby Rd | $1,092 |
| Symonds Way, Forest Glen Rd, Grey Coach Rd, Chapel Hill Dr, Appleton Ln, Lafayette Rd, Hanscom Ave, Arthur B Lord Dr, Deering St, Vale Rd | $1,100 |
| Carnation Cir, Boyce St, Shackford Rd, Sturges Rd, Timberneck Dr, Kieran Rd, Arbor Way, Meadow Brook Ln, Colburn Ave, Collins Ave | $1,102 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Reading | $162 to $165 |
| Wakefield | $161 |
| Lynnfield | $167 |
| Wilmington | $159 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,400 | $2,400 |
| Yearly Reading Homeowner Insurance Premium Example | $3,300 | $3,100 |
| Out of Pocket Expense During Claim | $1,400 | $2,400 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $27,800 | $27,200 |
| Net Savings to Reading Home Owner from High Deductible Plan | $600 | |
| Scenario | Reading, MA Home Replacement Value MORE than Home Value | Reading, MA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $546,000 | $413,500 |
| Insurance Premium based on Replacement Value | $4,050 | $3,050 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $78,500 | Risk Exposure from Under Insuring Coverage is $54,000 |
| Premium Impact | Insurance cheaper by $400/year | Insurance costlier by $600/year |
| Insurance Company | Chubb Group of Insurance | State Farm | Allstate |
| Monthly Premium | 160 | 231 | 246 |
| Year Built | 1965 | 1942 | 1968 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 1 Baths | 5 Beds, 3 Baths |
| Coverage Amount | $200000-$250000 | $350000-$400000 | $500000-$600000 |
| Deductible | $500- $1000 Deductible | $1000-$2500 Deductible | $5000 to $10,000 Deductible |