Check out the most popular Home Insurance agencies & companies in Chelsea, MA & compare the best quotes from them.
In the USA, the national average premium is $1224. The cost of homeowners insurance varies significantly based on your home’s location and state laws. Based on the research conducted by Catoxo, the average cost of homeowners insurance in Chelsea, MA, is $1157.85, which is lower than the national average premium.
Considering that, the cost of the insurance is set after scrutinizing certain factors. A few such factors are:
the home value,
coverage type,
deductible,
age of the home,
or the material used to build your house.
Therefore, it is necessary to understand the applicable homeowners insurance in Chelsea, MA, to maintain the balance as per your needs.
Average Cost of Homeowners Insurance in Chelsea Based on the Material Used
Materials used to construct the house plays a significant role in determining the insurance premium amount. Homes built using sturdy materials have a minor threat to damage. Hence, home insurance companies offer considerable discounts to homes built using damage-resistant materials.
For instance, homes built with fire resistive brick are offered at a premium of $1008 in Chelsea, whereas homes built with Masonry and Brick are offered at $1100. Thus, the premium charged will be higher if you use low-quality materials to construct your house.
Refer to the chart below to know the applicable rates based on the material used to build the house.
Apart from that, homeowners in Chelsea, MA, can take advantage of discounts to reduce the cost of their house insurance. One such way is to maintain claim-free history. Homeowners who have a claims-free history with their home insurance company can receive discounts on their premiums. By providing a history of zero claims, homeowners have to pay a premium of $1019, where the discount is $138.85. In contrast, policyholders with one and two claims have to pay a premium of $1263 and $1309, respectively. So, the higher the number of claims, the higher the premium added to the insurance.
Homes with advanced level security features like fire extinguishers, smoke detectors, new locks are less prone to burglaries and damage. Therefore, homeowners insurance companies in Chelsea encourage homeowners to install home safety devices by offering discounts as incentives. Homes in Chelsea with deadbolts and fire extinguishers pay $1043 on home insurance rates. In addition, homes equipped with fire alarms and smoke detectors pay $1100 and $1008, respectively, on homeowners insurance.
Home Insurance Company | A.M. Best Financial Strength Rating | Homeowners Insurance Market share |
---|---|---|
GEICO | A++ | 16% |
Liberty Mutual | A | 10.26% |
Allstate | A+ | 9% |
Erie | A+ | 7% |
Travelers | A++ | 3.86% |
Homeowners Insurance Agents | Agent Address | Contact Details | |
---|---|---|---|
Stahlka Agency Inc | 14 North Main Street 1949 |
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Kiac Insurance Agency | 86 EAST MAIN ST 1581 |
508-366-8736 | |
Ea-Dan Rivers Insurance | 83 Parkhurst Rd Unit 10 1824 |
(978) 710-7040 | |
Total Dollar Management Effort Ltd | 68 Pleasant St www.totaldollar.com 1950 |
Email:info@totaldollar.com |
|
Yellow Key Insurance Agency Inc | 224 Main Street Suite 2A 3079 |
(603)259-4499 | |
Tim Huber Insurance | 250 Copeland St Ste 2 2169 |
||
Tag- Scott Bagwin | 230 Squire Road 2151 |
||
Warren Insurance | 152C South Main St 1949 |
(781)241-9959 | |
Think Bank Employees | Po Box 3543 1961 |
||
The Jmj Agency Llc | 335 Stafford Road Fall\u00a0River www.jmjagencyllc.com 2721 |
Email:jmjagency@yahoo.com |
Homeowners Insurance Agents | Agent Address | Contact Details | |
---|---|---|---|
Morgan Scheibel | 175 FEDERAL ST STE 510 2110 |
(800) 595-9417 | |
Toby Pierce & Associates Ltd | 400 Resoervoir Ave Ste 2B 2907 |
||
Kevin Mlynarek | 1 Wall Street 1803 |
||
Hub Intl Northwest | 1207 COMMERCIAL ST 2189 |
781-337-3381 | |
Southern Harvest | 114 Harvard St 2446 |
(617)245-6413 | |
Mohamad Maaz | 1 PLUMMERS COR 1588 |
(508) 234-6333 | |
Wbbk Inc. | 1200 Salem St #121 1940 |
||
Lawrence Turek | 163 FRONT ST 2738 |
508-378-1166 | |
Valarie Gavin | 375 Airport Road Fall\u00a0River 2720 |
||
Thune Insurance Network | 557 Central Street 1852 |
Homeowners Insurance Agents | Agent Address | Contact Details | |
---|---|---|---|
Spiegelhoff Insurance Group Inc. | P O Box 514 1752 |
||
Hubbard Insurance Agency | 253 WASHINGTON ST www.hubbardinsurance.biz 2719 |
781-331-5200 | |
Laurel Highlands Insurance Group | 414 MAIN ST 1608 |
508-757-0950 | |
Intra-State Insurance Corp | 464 HIGH ST 2155 |
781-391-1630 | |
Lorin Walls Insurance Agency Inc. | 923A MAIN ST www.lorinwallsins.com 1880 |
781-944-9800 | |
J Moore Insurance Agency | 403 FRANKLIN ST 2176 |
781-665-9100 | |
Lawson & Associates Insurance Services Llc | 928 ASHLEY BLVD lawsonis.com 2745 |
508-993-6828 | |
E J Coyne & Company Inc. | 16 E Washington St 2760 |
(508) 695-1011 | |
Thomas J Dolbow | 607 North Avenue #12 1880 |
||
Warner Insurance Agency Llc | 2 S Bolton St 1752 |
Homeowners Insurance Agents | Agent Address | Contact Details | |
---|---|---|---|
Jon Carver | 260 W EXCHANGE ST WEST EXCHANGE CENTER 2903 |
401-353-0300 | |
Osei Sampah Lutcf | 950 HIGHLAND AVE 2494 |
781-444-3050 | |
Brandon Roberts | 220 Main St Ste C 03079-3185 |
603-898-5220 | |
Joe Clay Jr. | 300 FIRST AVE STE 100 2494 |
781-431-2500 | |
Sunset D Ravenell | 1045 Avenue 2888 |
||
Jane Ortiz Lutcf | 81 COMMONWEALTH AVE 1742 |
978-369-0110 | |
Hien V. Tran | 133 PORTLAND STREET 2114 |
617-773-8887 | |
Oscar Vega | 2194 MAIN ST 1742 |
(978) 369-0677 | |
Morgen Jackson | 2288 MASSACHUSETTS AVE 2140 |
(617) 945-2075 | |
Eduardo Saguier | 36 Larch St 3102 |
(603) 627-9535 |
Homeowners Insurance Agents | Agent Address | Contact Details | |
---|---|---|---|
Jerry Sorrels | 309 DANIEL WEBSTER HWY 3054 |
603-424-9901 Email:jsorrels@geico.com |
|
Steve Allen | 6 Congress Street 1757 |
Email:sallen@geico.com |
Travelers | Erie | Allstate | |
Median Home Value ($) | 327,470 | 327,470 | 337,470 |
Construction year | 1944 | 1941 | 1942 |
Home Coverage ($) | $500000-$600000 | $900000-$1000000 | $700000-$800000 |
Total Premium ($) | $3631 | $5776 | $5428 |
Home Insurance Company | Multi Policy Discount (%) |
---|---|
Travelers | upto 8% |
Allstate | upto 19% |
Erie | upto 20% |
Liberty Mutual | upto 18% |
GEICO | upto 17% |