Reading Insurance Rates:

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.

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Latest Home Insurance Reviews

State Farm
Another thing i like about my insurance company is how they give back to the community. they do lots of charity work.
Geico
The extra cost of this insurance company is one negative point. the fee is so much and with one income it is hard to find the extra money.
Geico
They provide excellent customer service and always available to help 24/7 via the phone or email. service is friendly, fast and reliable.
Liberty Mutual
Geico is a little cheaper but doesn't have the customer service that liberty mutual has attached to the policy, so the extra cost isn't much so, I have some peace of mind if anything happens to my home.
State Farm
I think we have good coverage for the price. We just purchased a new car so we have to have full coverage. Being that the home and car are bundled, the premium has gone up this year.
State Farm
I am not sure about that. We have just always been with State Farm. If they were to go up a lot we would shop around though.
State Farm
When talking to three different employees, we sometimes get three different answers. We feel like we are getting the runaround.
Mapfre Insurance
Considering that I have had no claims or meaningful interactions with the company itself, I have nothing to put here. I would say that it is less known, so I do have some concerns sometimes.

Reading, MA Homeowners Insurance By Home Value

Reading, MA Home Value Total Homes % of Total Average Reading, MA Homeowners Insurance
Less than $50,000 54 1.0% $54
$100,000 to $124,999 65 2.0% $260
$150,000 to $174,999 43 1.0% $391
$175,000 to $199,999 79 2.0% $456
$200,000 to $249,999 109 3.0% $543
$250,000 to $299,999 321 11.0% $673
$300,000 to $399,999 2,120 75.0% $847

Top Home Insurance Agents Near Reading, MA

Home Insurance Company Near Reading, MA Homeowners Insurance Agency Near Reading, MA Address
NA Schaffner Insurance Agency 1147 Main Street, Tewksbury, MA, 1876
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

Cost Of Homeowners Insurance By Street Near Reading, MA

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

Reading, MA Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Reading$162 to $165
Wakefield$161
Lynnfield$167
Wilmington$159

Reading, 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
Wakefield CDP, Massachusetts $134 $179 $268
North Reading town, Middlesex County, Massachusetts $135 $179 $269
Lynnfield CDP, Massachusetts $140 $186 $279

Reading, 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
Reading, MA3.4%9.8%
Wakefield3.79%11.45%
North Reading3.33%11.16%
Lynnfield3.24%10.58%

Reading Renters Insurance as a Percentage of Rent

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

Reading, MA Home Insurance Costs With Deductible Scenario

Low DeductibleHigh 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

Reading, MA Home Insurance Costs With Home Replacement Value Scenarios

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

Example Reading Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Chubb Group of InsuranceState FarmAllstate
Monthly Premium 160231246
Year Built 196519421968
Home Details 3 Beds, 1 Baths4 Beds, 1 Baths5 Beds, 3 Baths
Coverage Amount $200000-$250000$350000-$400000$500000-$600000
Deductible $500- $1000 Deductible$1000-$2500 Deductible$5000 to $10,000 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1943 355,000 Tile Roof 1,960 3 > $10,000 Deductible 1120 9 Stucco siding yes
1947 530,000 Metal Roof 2,070 3 $1000-$2500 Deductible 2850 10 Stone Siding No
1963 405,000 Metal Roof 2,190 3 $1000-$2500 Deductible 1310 7 Vinyl siding yes
1943 440,000 Asphalt Shingles Roof 1,790 3 $2500-$5000 Deductible 3240 12 Stucco siding No
1946 410,000 Slate Shingles Roof 2,180 3 $2500-$5000 Deductible 430 2 Stucco siding No
1942 430,000 Membrane Roof 2,080 4 $1000-$2500 Deductible 3060 12 Vinyl siding No
1969 380,000 Asphalt Shingles Roof 1,710 5 $1000-$2500 Deductible 940 4 Fiber-Cement Siding No
1969 845,000 Tile Roof 4,630 5 $1000-$2500 Deductible 350 1 Wood siding No
1968 415,000 Tile Roof 2,260 3 > $10,000 Deductible 660 5 Stucco siding No
1964 305,000 Shingles Roof 1,350 3 > $10,000 Deductible 210 2 Fiber-Cement Siding yes
1948 575,000 Membrane Roof 2,770 4 $1000-$2500 Deductible 790 2 Brick siding yes
1969 255,000 Slate Shingles Roof 1,320 3 $500 Deductible 600 4 Wood siding No
1942 340,000 Membrane Roof 1,960 3 $5000 to $10,000 Deductible 250 2 Vinyl siding yes
1943 545,000 Shingles Roof 2,260 3 $1000-$2500 Deductible 3050 12 Stone Siding yes
1940 450,000 Membrane Roof 2,280 4 $1000-$2500 Deductible 1910 8 Stone Siding yes
1963 530,000 Slate Shingles Roof 2,320 3 $1000-$2500 Deductible 1380 4 Fiber-Cement Siding No
1944 865,000 Asphalt Shingles Roof 3,870 5 $2500-$5000 Deductible 4130 8 Stone Siding No
1947 320,000 Composition Roof 1,650 4 $500 Deductible 1160 6 Stone Siding yes
1962 380,000 Metal Roof 1,940 3 $2500-$5000 Deductible 1280 7 Brick siding No
1966 690,000 Wood Shake Roof 3,970 5 $2500-$5000 Deductible 3020 10 Vinyl siding yes
1968 405,000 Slate Shingles Roof 1,860 4 > $10,000 Deductible 1270 8 Vinyl siding yes
1963 375,000 Composition Roof 1,870 4 $1000-$2500 Deductible 650 3 Fiber-Cement Siding yes
1965 460,000 Wood Shake Roof 2,200 3 $500- $1000 Deductible 760 3 Brick siding yes
1967 605,000 Tile Roof 2,350 4 > $10,000 Deductible 1100 6 Vinyl siding yes
1964 340,000 Tile Roof 1,730 4 $5000 to $10,000 Deductible 490 5 Wood siding yes
1940 620,000 Tile Roof 3,390 5 $500 Deductible 4600 10 Brick siding yes
1966 325,000 Tile Roof 1,580 3 $1000-$2500 Deductible 1650 10 Stone Siding yes
1960 790,000 Composition Roof 3,370 4 $2500-$5000 Deductible 2050 5 Wood siding No
1943 320,000 Composition Roof 1,460 3 > $10,000 Deductible 320 3 Fiber-Cement Siding No
1967 450,000 Shingles Roof 2,030 3 $5000 to $10,000 Deductible 2050 10 Stone Siding yes