How much is homeowners insurance in Tewksbury,MA

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In Tewksbury, homeowners pay an average annual rate of $1,410 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 $1,094 less than the national average of $2,504 .

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

Size of your home
Age of your home
Amount of coverage you need
Location
Your credit score

Andover Insurance is the cheapest homeowners insurance company in Tewksbury with an average annual premium of $805 per year.

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

Key Takeaways

The cost of your homeowners insurance policy in Tewksbury can vary based on factors such as your location, the value of your home, and the coverage options you select.
Andover Insurance is the cheapest homeowners insurance company in Tewksbury with an average annual premium of $805 .
If you increase your dwelling coverage from $200,000 to $300,000, you will pay $286 more annually for home insurance.

How much is homeowners insurance in Tewksbury per month

Residents of Tewksbury pay an average of $117 per month for homeowners insurance. This is $18 less than the state average of $135 and $92 less than the national average for home insurance across the United States. The cost of your homeowners insurance policy in Tewksbury can vary depending on your location, property value, and selected coverage options.

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

In Tewksbury, homeowners pay an average of $1,124 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 Tewksbury

Homeowners in Tewksbury typically pay an average of $1,410 annually for a home insurance policy with $300,000 in dwelling coverage, $100,000 in liability protection, and a $1,000 deductible.

If you increase your dwelling coverage from $200,000 to $300,000, your home insurance rates will rise by $286 . You should purchase enough insurance to cover the entire cost of rebuilding your home. The required amount of dwelling coverage can vary based on factors such as the size of your home, its features, and the cost of living in your area.

How much is homeowners insurance in Tewksbury by company

Among the carriers we analyzed, Andover Insurance is the cheapest homeowners insurance company in Tewksbury. Its average annual rate for Tewksbury homeowners is $805 , while Travelers ranks second.

Before picking a homeowners insurance policy, it’s a good idea to do a little homework on the company. To make it easier, our experts reviewed all the top insurers in Tewksbury and put together a list of the most affordable options. Below, you’ll find the average annual premiums for each provider in the area.

Home insurance company	Annual rate
Andover Insurance	$805
Travelers	$965
Heritage Insurance Holdings	$1,041
Vermont Mutual	$1,078
State Farm	$1,136
Arbella Insurance	$1,365
Safety Insurance	$1,392
Allstate	$1,631
Mapfre Insurance	$1,711
Amica Mutual	$2,486
USAA*	$1,503

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

Bundling your home insurance with other policies, such as auto insurance, can result in substantial savings. Many insurers offer discounts to policyholders who combine multiple policies. It will help you lower your premiums and simplify policy management.

Natural disasters in Massachusetts that can impact your home insurance

Living in Massachusetts comes with the possibility of natural disasters that can cause serious damage to your home and belongings. From costly repairs to large insurance claims, the financial impact can be significant. That’s why it’s important to know which types of disasters are most common in your area before selecting a home insurance policy.

Understanding your local risks allows you to customize your coverage – whether that means adjusting your policy limits, choosing a higher deductible, or adding protection for hazards like floods or earthquakes. Planning ahead helps ensure you’re fully covered when it matters most.

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.

Make sure your coverage is disaster-ready

The best time to review your homeowners insurance is before a storm hits. If you’ve made upgrades to your home or live in a disaster-prone area, you may need more coverage than you think. A quick policy check now can prevent big financial losses later.

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Tewksbury for $300,000 dwelling coverage and $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.