The Best Cheap Homeowners Insurance in Boston, Massachusetts for 2025: Quotes and Reviews

It’s best to compare home insurance quotes in Boston before deciding where to make your purchase. Most insurers offer policies with the same core coverages, making the policy’s annual premium especially important.

Among the insurers analyzed by MoneyGeek, those offering the cheapest homeowners insurance in Boston for homes with $750,000 dwelling coverage limits are:

• State Farm: $2,416 per year
• AIG: $2,776 per year

Depending on the amount it’ll take to rebuild your home, your dwelling coverage limit may need to increase. More expensive homes — those with a $2 million dwelling coverage limit — also have higher premiums.

For homes with $2 million dwelling coverage limits, cheap homeowners insurance in Boston is offered by:

• State Farm: $6,434 per year
• MetLife: $6,860 per year

If you want to see how much prices change based on different dwelling coverage limits, you can use the table below.

Policies for homeowners insurance in Boston with baseline dwelling coverages of $750,000 have personal property limits of $300,000. If the dwelling coverage limit increases, so does the limit for personal property coverage. Homes with a $2 million limit for dwelling coverage have an $800,000 threshold for personal property coverage. All policies have a $100,000 liability coverage limit.

If you live outside of Boston, you can still compare statewide home insurance quotes in Massachusetts.

The national average for homeowners insurance, which costs $2,103 per year, is lower than the averages for Boston and the state of Massachusetts. Homeowners in Massachusetts pay an annual average premium of $2,864. This rate is 34% lower than the average cost of homeowners insurance in Boston, which is $4,315 per year.

Insurers consider several factors when calculating how much homeowners insurance in Boston costs. Where you live in the city affects your exposure to risk based on property crime rates or extreme weather conditions. Your credit score and the amount of coverage you purchase for dwelling and personal property insurance also make a difference.

If you want to compare home insurance quotes in Massachusetts, you can use MoneyGeek’s home insurance calculator.

Although a policy’s price is something you should factor in, it shouldn’t be the sole reason for choosing an insurance provider. Other factors, such as user satisfaction and financial strength, should also be considered. Providers that rate well in these areas may save you from additional stress when filing a claim.

Based on MoneyGeek’s evaluation, the best homeowners insurance companies in Boston are:

• Best Overall: State Farm
• Runner Up: USAA (only available for military families)

To determine the best homeowners insurance company in Boston, MoneyGeek used a unique rating system that uses affordability, financial strength and user satisfaction.

Compared to a home constructed in 2000, one built in 2015 or later is cheaper to insure. On average, homeowners insurance in Boston for a house built in 2000 costs $4,315 each year. A policy for a newly constructed home is 23% lower, with an annual rate of $3,331. It is partially due to the materials used in new construction, which are more resistant to damage and easier to replace.

For newly constructed homes, the providers offering the cheapest homeowners insurance in Boston are:

• State Farm: $1,813 per year
• AIG: $2,328 per year

One factor contributing to how much homeowners insurance in Boston costs is the amount of coverage you want to protect your personal belongings. The higher your personal property coverage limit, the more you’ll have to pay each year. A policy with a $100,000 personal property limit has a $4,315 yearly premium. A personal property coverage limit of $250,000 results in a 6% increase in price — it costs $4,557 per year on average.

For policies with higher personal property limits, you can purchase the cheapest homeowners insurance in Boston from:

• State Farm: $2,519 per year
• MetLife: $3,450 per year

A deductible is an amount you have to pay out of pocket before your policy begins covering your costs, and it has a substantial effect on your premium. A lower deductible causes you to pay less out of pocket, but you’ll also have a higher premium. For instance, a policy with a $1,000 deductible costs, on average, $4,315 per year. In comparison, a policy with a $2,000 deductible costs almost $600 less — its average annual rate is $3,722.

The companies in Boston that offer cheap homeowners insurance for policies with higher deductibles are:

• State Farm: $2,065 per year
• AIG: $2,606 per year

Along with California and Hawaii, Massachusetts is one of the states where your credit score isn't a factor when computing policy premiums. Although the use of credit scores isn’t illegal in Massachusetts, insurance regulators do not permit its use to determine how much homeowners insurance in Boston costs.

Comparing home insurance quotes is always a good idea to ensure that you find a policy that fits your needs. An easy way to collect quotes is to do it online. Make sure you have this information ready for a smooth and simple process:

• The replacement cost of your home: If your home is damaged, this is the amount it takes for it to be rebuilt. Ideally, a building contractor or a construction professional should assess it to get an accurate evaluation, as this determines your dwelling coverage limit.

• The value of your personal property: Most homeowners don’t have an accurate estimate of how much their personal belongings are worth. It’s best to keep an inventory of these items and their corresponding value. It determines your personal property coverage limit.

• Personal information: Insurance providers will ask for details such as your insurance history and your address. It would also be helpful to disclose the number of people who live in your home and whether you have any pets.

• Details about your home: Your house’s size and age are only some of the information insurance providers need to know to compute your premium. Insurers also consider whether you have installed security devices in your home or had certain parts remodeled.

MoneyGeek used data provided in partnership with Quadrant and collected home insurance quotes in Boston for homes with varying coverage levels to determine affordability. User satisfaction ratings were derived from J.D. Power’s survey results. The baseline homeowner profile used was one with a 2,500-square-foot home built in 2000. It has a dwelling coverage of $750,000, a personal property coverage of $300,000 and liability coverage of $100,000. Comparisons were obtained using quotes for newly built homes, those with increased dwelling and personal property coverages, higher deductibles and homeowners with poor credit standing. MoneyGeek completed this study by evaluating homeowners insurance premiums from nine companies in Boston.