Somerset, MA homeowners insurance is nearly $879 to $1,191, about $73-$99/month. Our exhaustive analysis shows customers can save upto $414 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
| Home Insurance Company Near Somerset, MA | Homeowners Insurance Agency Near Somerset, MA | Address |
|---|---|---|
| Travelers | East Coast Insurance Group Llc | 268 ALLEN HILL RD, BROOKLYN, CT, 6234 |
| Travelers | Hunter Insurance Inc | 389 Old River Road , Lincoln, RI, 2838 |
| Allstate | Peter Bacchiocchi | 59 Green St, Worcester, MA, 1604 |
| Travelers | Schonning Insurance | 90 AIRPORT RD, WESTERLY, RI, 2891 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Ocean Grove CDP, Massachusetts | $153 | $204 | $306 |
| Swansea town, Bristol County, Massachusetts | $155 | $207 | $311 |
| Fall River 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 |
|---|---|---|
| Somerset, MA | 4.6% | 15.7% |
| Ocean Grove | 5.41% | 18.64% |
| Swansea | 4.78% | 15.81% |
| Fall River | 5.08% | 15.62% |
| Somerset Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 46 | 4.0% | $808 |
| $300 to $499 | 166 | 14.0% | $1258 |
| $500 to $749 | 123 | 10.0% | $1933 |
| $750 to $999 | 500 | 44.0% | $2683 |
| $1,000 to $1,499 | 224 | 19.0% | $3808 |
| $1,500 or more | 76 | 6.0% | $5458 |
| Streets in Somerset Area | Homeowners Insurance Cost |
|---|---|
| Rodney Ave, Eagle Ln, Compos St, Place Ave, Madison Ave, Thomas Dr, Picard Ln, Butternut Rd, Greenwood Rd, Buxton Ave | $1,034 |
| Seacrest St, Sullivan Ave, Herbert St, Windward Dr, Lilac Ave, Irving Ave, Travers St, Charlene Dr, Bradley Ave, King Philip Ave | $1,030 |
| Pratt Ave, Synder St, Apostle Rd, Ocean Blvd, Chatham Dr, Almy Rd, Gardner Ave, Homer Dr, Gifford Ave, Delaware Ave | $1,034 |
| Halsey Ave, E County St, Midland Rd, Jon Ester Rd, Grandview Ave, Andrew St, Cheryl Ln, Cox St, Woodland Dr, Alden Pl | $1,031 |
| Holiday Cir, Mohican Rd, Stagecoach Ln, Sutherland Dr, Mayes Ave, Prescott Dr, Wilson Rd, Calvin Ave, Arcadia Rd, Perron Ave | $1,029 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Somerset | $154 to $157 |
| Ocean Grove | $153 |
| Swansea | $155 |
| Warren | $166 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $800 | $2,800 |
| Yearly Somerset Homeowner Insurance Premium Example | $1,500 | $1,000 |
| Out of Pocket Expense During Claim | $800 | $2,800 |
| Total Home Insurance Premium for 6 years + Out of Pocket Expense for Claim | $9,800 | $8,800 |
| Net Savings to Somerset Home Owner from High Deductible Plan | $1,000 | |
| Scenario | Somerset, MA Home Replacement Value MORE than Home Value | Somerset, MA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $308,500 | $184,500 |
| Insurance Premium based on Replacement Value | $2,400 | $1,450 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $79,000 | Risk Exposure from Under Insuring Coverage is $45,000 |
| Premium Impact | Insurance cheaper by $350/year | Insurance costlier by $600/year |
| Insurance Company | Chubb Group of Insurance | Amica Mutual Insurance Company | Liberty Mutual |
| Monthly Premium | 93 | 235 | 334 |
| Year Built | 1941 | 1983 | 1957 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 1 Baths | 5 Beds, 2 Baths |
| Coverage Amount | $200000-$250000 | $400000-$500000 | $500000-$600000 |
| Deductible | $5000 to $10,000 Deductible | $500- $1000 Deductible | $1000-$2500 Deductible |