How much is homeowners insurance in Norfolk, Massachusetts?

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In Norfolk, homeowners pay an average annual rate of $1,451 for a coverage level that includes $300,000 for dwelling, $100,000 for liability protection, and a $1,000 deductible, according to our data. This is $1,053 less than the national average of $2,504 .

Homeowners insurance premiums can vary significantly from one property to another. In Norfolk, the cost of home insurance is influenced by several factors, including:

Size of your home
Age of your home
Amount of coverage required
Location
Your credit score

Andover Insurance is the cheapest homeowners insurance company in Norfolk with an average annual premium of $838 per year.

This guide covers everything from available coverage options to companies with the cheapest homeowners insurance rates in Norfolk. Keep reading to learn about the monthly cost of homeowners insurance in Norfolk, the cost for different dwelling coverage levels, and which companies provide the most affordable home insurance in Norfolk.

Key Takeaways

In Norfolk, homeowners insurance costs $1,451 annually.
Andover Insurance offers the most affordable homeowners insurance in Norfolk with an average annual premium of $838 .
If you increase your dwelling coverage from $200,000 to $300,000, your annual home insurance premium will be $294 higher.

How much is homeowners insurance in Norfolk per month?

Norfolk homeowners pay an average of $121 a month. It’s $14 less than the state average of $135 and $88 less than the national average for home insurance across the nation. The price of your homeowners insurance policy in Norfolk may vary depending on where you live, the value of your home, and the coverage you choose.

How much is homeowners insurance for a $200,000 house in Norfolk?

In Norfolk, homeowners pay an average of $1,157 annually for a $200,000 home. The annual cost of home insurance is influenced by factors such as the risk of natural disasters in your area.

Regions more susceptible to natural disasters, such as floods, hurricanes, or tornadoes, typically face higher rebuilding costs, leading to increased insurance premiums. Keep in mind that standard insurance policies might not cover damages caused by floods or hurricanes. If you live in a flood-prone area, you should purchase flood insurance.

How much is homeowners insurance for a $300,000 house in Norfolk?

According to a rate analysis by Insure.com, homeowners in Norfolk pay an average of $1,451 per year for a $300,000 house. These rates are for the coverage limits of $100,000 for liability protection and $1000 deductible.

If you increase your dwelling coverage from $200,000 to $300,000, you’ll have to pay $294 more a year for home insurance. It would be best to buy enough insurance to cover the full cost of rebuilding your home.

However, the amount of dwelling coverage you need may vary depending on the size of your home, its features, and the cost of living in your area.

How much is homeowners insurance in Norfolk by company?

Among the carriers we analyzed, Andover Insurance is the most affordable homeowners insurance company in Norfolk. Its average annual rate for homeowners in Norfolk is $838 , while Heritage Insurance Holdings ranks second.

Research on the company is essential before selecting a homeowners insurance policy. Insure.com has thoroughly examined all insurance companies operating in Norfolk and compiled a list of the most affordable home insurance companies.

Below are details of Norfolk home insurance companies and their average annual premiums.

Home insurance company	Annual rate
Andover Insurance	$838
Heritage Insurance Holdings	$994
Travelers	$1,126
Vermont Mutual	$1,147
State Farm	$1,204
Arbella Insurance	$1,451
Safety Insurance	$1,589
Mapfre Insurance	$1,607
Allstate	$1,712
Amica Mutual	$2,336
USAA*	$1,625

*USAA is only available to military community members and their families.

Combining your home insurance with other policies, like auto insurance, can result in significant savings. Insurers often provide discounts to policyholders who bundle their policies, helping you reduce premiums. Bundling lowers your premiums and simplifies managing your insurance with one company.

Natural disasters in Massachusetts that can impact your home insurance

Living in Massachusetts comes with the threat of natural disasters, which can cause significant damage to homes and property, often resulting in costly insurance claims. Understanding which natural disasters are most common in your area is essential when selecting a home insurance policy.

By knowing the specific risks in your region, you can make informed decisions about coverage limits, deductibles, and whether you need additional protection. That knowledge ensures you’re not left underinsured when disaster strikes and protects your financial well-being in the long run.

Massachusetts is commonly affected by Coastal flooding, Hurricane, Ice storm, Lightning and Riverine flooding.

How home insurance protects you against natural disasters

Home insurance protects your property and belongings from the financial impact of natural disasters. Home insurance can help pay for structural damage repairs, replace lost or damaged items, and provide funds for temporary housing if you can’t live in your home. This coverage provides financial relief, making it easier for homeowners to recover quickly from the effects of natural disasters.

While standard policies generally cover damage from windstorms, hail and lightning, additional coverage is required for disasters like floods, earthquakes and wildfires.

These types of damage are usually not covered by homeowners insurance, so homeowners need to buy separate flood or earthquake insurance to ensure complete protection.

TIP

Many homeowners find out too late that their insurance doesn’t cover certain natural disasters. Be proactive – review your policy, ask your insurer about disaster-specific exclusions, and explore additional protection if you’re in a high-risk zone.

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Norfolk for $300,000 dwelling coverage, $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.

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Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.