Affordable Home Insurance in Massachusetts
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What drives home insurance rates in Massachusetts
Average homeowners premium, 2023
$2,134
The average homeowners policy in Massachusetts cost $2,134 for a year of coverage in 2023, against $1,737 nationally.
Claims paid per premium dollar, 2023
47.7¢
Home insurers in Massachusetts paid 47.7 cents in claims for every premium dollar in 2023; the median state was 64 cents.
Severe weather events, 2024
42
NOAA logged 2 tornado, 28 large-hail and 12 flash-flood event reports in Massachusetts in 2024, counted per county or zone. Wind and hail claims fall on the homeowners policy; flood needs its own.
Natural-hazard loss rank
#32
FEMA ranks Massachusetts #32 of 51 for expected annual loss from natural hazards; flood accounts for 68% of that loss, and flood damage needs a separate flood policy.
- Average homeowners premium, 2023: NAIC Homeowners Insurance Report, 2023 data
- Claims paid per premium dollar, 2023: NAIC Profitability by Line by State, 2023
- Severe weather events, 2024: NOAA Storm Events Database, 2024
- Natural-hazard loss rank: FEMA National Risk Index
Largest home insurers in Massachusetts
The ten insurer groups that wrote the most home premium in Massachusetts in 2025, with their share of the state total of $4.0 billion.
| # | Insurer group | Market share | Premiums written |
|---|---|---|---|
| 1 | Mapfre Insurance Group | 9.93% | $400 million |
| 2 | Liberty Mutual Group | 7.42% | $299 million |
| 3 | Safety Group | 7.25% | $293 million |
| 4 | Andover Group | 6.85% | $276 million |
| 5 | Travelers Group | 6.21% | $251 million |
| 6 | Arbella Insurance Group | 5.47% | $221 million |
| 7 | Chubb Ltd Group | 5.1% | $206 million |
| 8 | Plymouth Rock Insurance Group | 4.23% | $171 million |
| 9 | United Services Automobile Association Group | 4.18% | $168 million |
| 10 | Amica Mutual Group | 3.58% | $145 million |
Source: NAIC Market Share Reports, 2025 data, direct premiums written by insurer group. GEICO writes inside Berkshire Hathaway Group. Ranking is market commentary; it says nothing about which carriers a quote comparison includes.
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