Best Homeowners Insurance In Massachusetts 2024

State Farm claimed the top spot because of its strong agent network in Massachusetts, high customer satisfaction, and affordable premiums. Its high J.D. Power ratings for service are essential, considering the presence of agents and claims adjusters in Massachusetts, particularly after severe storms like tornadoes.

You can opt for a standard homeowners policy with State Farm and enhance it with extra coverage options, like rebuilding protection for updated legal standards, identity theft coverage, and insurance for valuables like jewelry and collectibles. State Farm’s A++ rating from AM Best reflects its superior financial stability.

Getting a quote from State Farm can be initiated online, though purchasing a policy involves working with a local agent. Policyholders have access to their accounts, claims filing, and paperless billing options via the website or mobile app. The website also provides a resource library with insurance information.

Farmers excels, not just because of its perks, but also for its exceptional “online experience,” where these perks and discounts are communicated effectively to both prospective and current customers. The perks are:

• Guaranteed Replacement Cost: Farmers will cover the complete cost of rebuilding your home, no matter how much it ends up costing.
• Claim Forgiveness: After five years without any claims, Farmers allows you to file one without affecting your premiums.
• Multi-Policy Savings: When you combine your home insurance with other policies at Farmers, you can save up to 34%.
• Declining Deductible: For every year your policy is in force, you’ll accumulate $50 to reduce your deductible.
• Claim-Free Discount: Farmers rewards you with a home insurance discount after three claim-free years.

The 9.3/10 score given to Farmers accounts for its lower ratings in customer satisfaction for policyholder service from J.D. Power.

While Nationwide is rated A+ (Superior) for financial strength by AM Best, its customer satisfaction falls short, as seen in many negative online reviews. Still, it has a large network of agents and offices throughout Massachusetts.

Nationwide offers homeowners unique benefits with its standard policy, including credit card fraud protection and ordinance or law coverage for rebuilding to current building codes, which are not typically provided by other insurers.

Better Roof Replacement is an option to upgrade your coverage, allowing you to use higher-grade roofing materials if your roof needs replacing after an approved event.

With the Brand New Belongings option, your items are covered for replacement cost. Initially, you’ll receive compensation for their depreciated value, and after buying new items, you can submit receipts to Nationwide for the remaining cost.

Chubb offers competitively priced home insurance rates in Massachusetts, especially for high-value homes. Alongside reasonable premiums, they provide extended replacement cost coverage, guaranteeing repairs or replacements for items even if their value has decreased. Chubb also boasts strong financial stability and top-notch customer service.

Allstate’s 11 home insurance discounts go beyond the industry average of seven. After reviewing, I noticed a few of these discounts are especially unique.

The discounts you can get through Allstate include:

• Deductible Reward: You’ll get $100 off your deductible just for becoming a customer.
• Bundle: Combine home and auto insurance to save up to 25%.
• Claims Forgiveness: A feature that prevents your premiums from going up after you file a claim.
• Claims-Free: Stay claims-free and receive 5% back when you renew your policy each year.
• Automatic Payment: Sign up for automatic payments and save 5%.
• Loyalty: Save up to 10% on your premiums for sticking with Allstate.
• Home Buyer: Recently bought a home? You’re eligible for a discount.
• New Home: Receive a discount for insuring a home that was recently constructed.
• Responsible Payment: Save more by maintaining a responsible payment history.
• Early Payment: Save as much as 10% by buying your new policy at least a week prior to your current policy’s expiration.
• Protective Device: Enjoy a discount for equipping your home with fire alarms or theft protection systems.

Allstate provides nine optional coverage types for homeowners insurance, almost twice the industry average of five. In addition to popular options such as identity theft protection and scheduled personal items, they offer a unique yard and garden coverage that increases limits for replacing landscaping and lawn tools like riding mowers.