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Home Insurance Costs with Deductible Scenarios in Lynn, MA & Nearby Areas

Place Name/Near by place Typical Insured Amount ($) High Deductible($)
($2500)
Low Deductible($)
($500)
Lynn, MA $279400 $771 $1,060
Waltham, MA $463600 $975 $1,342
Cambridge, MA $670200 $932 $1,283
Hamilton, MA $519200 $809 $1,113
Groveland, MA $381100 $721 $992
Bedford, MA $605900 $735 $1,011
Woburn, MA $394900 $1037 $1,426
Hull, MA $377000 $697 $959
Gloucester, MA $381000 $721 $992
Belmont, MA $759500 $741 $1,020

Impact of Coverage Amount on Home Insurance Cost In Lynn, MA

Coverage Amount Home Insurance Cost ($)
$100,000 $338
$200,000 $1,212
$300,000 $1,599
$400,000 $1,909
$500,000 $2,444
$750,000 to $1000,000 $2,825
Above $1000,000 $3,341


Lynn, MA Homeowners Insurance Rates Compared to State & National Average Rates

Average Home Insurance Cost($)
National Average $1224
Lynn, MA Average Home Insurance Cost$1,073.22
State Average Home Insurance Cost$1,410
Difference Vs national Average-150.78

Top Homeowners Insurance Companies in Lynn, MA

Insurance Provider Average Homeowners Insurance Cost($)
Liberty Mutual $1,247
Safety $1,087
United $906
Citation $850

Lynn, MA Home Insurance Discounts For Different Number of Claims

Type Discount/Extra Cost in ($) Premium After Claim Payout ($)
Claim Free -150 923
One Claim +97 1170
Two Claims +150 1223