Gavop's guide to buying homeowners insurance in Melrose, MA covers how to get the right coverage, optimize deductibles, identify the best agents, understand claim requirements, avail discount options, compare cheap quotes and research reviews.
| Melrose, MA - Neighbourhoods, Census Blocks & Streets | 3 Bedroom | 2 Bedroom | ||||
|---|---|---|---|---|---|---|
| Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage | Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage | |
| Cranmore Ln, Ardsmoor Rd, Spear St, Swains Pond Ave, Clifford St, Brazil St, Cargill St, Linden Rd, Stowecroft Rd, Dyer Ave | $338,500 | $290,000 | $300,000-$350,000 | $269,500 | $220,000 | $250,000-$300,000 |
| Clover Cir, Beverly St, Brunswick Park, Leah St, Ledge St, Conrad Rd, Cedarwood Ln, Hunt Ter, Goss Ave, Wyoming Hts | $464,500 | $390,000 | $400,000-$500,000 | $373,000 | $300,000 | $400,000-$500,000 |
| Orient Ave, Tappan St, Gooch St, Chestnut Park, W Lake Ave, Stevens Rd, Bradford Park, Ferdinand St, Black Rock Rd, N Cedar Park | $318,000 | $270,000 | $250,000-$300,000 | $280,500 | $260,000 | $200,000-$250,000 |
| Damon Ave, Groveland Rd, Carlida Rd, Youle St, Ravine Ter, Reading Hill Ave, W Hill Ave, Banks Pl, Beacon Pl, Montvale St | $393,000 | $360,000 | $350,000-$400,000 | $288,500 | $250,000 | $300,000-$350,000 |
| Old Brook Cir, Apthorp Rd, Wyoming Ter, Ridgewood Ln, Lodge Ave, Marmion Rd, Briggs St, Whitwell St, Geneva Rd, Heywood Ave | $450,500 | $430,000 | $500,000-$600,000 | $384,500 | $350,000 | $300,000-$350,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$164 | $931 |
| Superior Protection Discount | -$110 | $986 |
| Fire & Security Discount | -$88 | $1,008 |
| Hail Resistant Roof Discount | -$33 | $1,063 |
| Newly Constructed Home Discount | -$263 | $833 |
| Low Deductible ($500) | High Deductible ($2500) | |||||
|---|---|---|---|---|---|---|
| Place | Example Claim Amount | Yearly Premium | Total Yearly Cost | Yearly Premium | Total Yearly Cost | Net Savings for High Deductible Plan |
| Middlesex County | $700 | $1,295 | $1,995 | $941 | $1,641 | $354 |
| Melrose, MA | $2,000 | $1,082 | $3,082 | $787 | $2,787 | $296 |
| Suffolk County, MA | $100 | $1,202 | $1,302 | $873 | $973 | $328 |
| Lexington, MA | $2,500 | $1,285 | $3,785 | $934 | $3,434 | $351 |
| Topsfield, MA | $100 | $1,017 | $1,117 | $739 | $839 | $278 |
| Weymouth Town, MA | $2,000 | $969 | $2,969 | $704 | $2,704 | $265 |
| North Scituate, MA | $400 | $1,169 | $1,569 | $849 | $1,249 | $319 |
| Rockport, MA | $700 | $1,115 | $1,815 | $810 | $1,510 | $305 |
| Norton Center, MA | $300 | $1,296 | $1,596 | $942 | $1,242 | $354 |
| Leominster, MA | $1,000 | $973 | $1,973 | $707 | $1,707 | $266 |
| Cumberland, RI | $200 | $1,252 | $1,452 | $910 | $1,110 | $342 |
| Eliot, ME | $1,500 | $823 | $2,323 | $598 | $2,098 | $225 |
| Home Insurance Company Melrose, MA | Homeowners Insurance Agency Melrose, MA | Address | Popularity Score | Distance from Melrose (miles) |
|---|---|---|---|---|
| Travelers | J J Bodner Insurance Agency Of Boston Inc | 8 Clarendon St, Boston, MA, 2116 | 7.7 | |
| Travelers | Child-Genovese Insurance Agency | 60 Temple Place, Boston, MA, 2111 | 7.0 | |
| Travelers | State Fund Insurance Agency | 100 Summer St 16 Ste 1601, Boston, MA, 2110 | 7.1 | |
| Travelers | Spring Insurance Group Llc | 84 State St Ste 500, Boston, MA, 2109 | 6.7 | |
| Travelers | Soucy Insurance Agency Inc | 85 Lafayette St, Salem, MA, 1970 | 9.5 | |
| Travelers | Cleary Insurance Inc | 226 Causeway St Ste 302, Boston, MA, 2114 | 6.2 | |
| Travelers | Meridian Insurance Agency | 296 Bennington St East , Boston, MA, 2128 | 5.5 | |
| Travelers | Kunevich & Lau Ins Agcy Inc | 241 Washington St, Brookline, MA, 2446 | 9.0 | |
| Travelers | Carroll K Steele Ins Agency Inc | 31 Broadway, Rockport, MA, 1966 | 26.4 | |
| Travelers | Bonacorso Insurance Agency Inc | 10 Cedar St Unit #32, Woburn, MA, 1801 | 4.3 |
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| Massachusetts | $352,600 | $1,410 | $1,030 | $2,020 | $990 |
| Middlesex County, MA | $453,300 | $1,311 | $880 | $1,850 | $970 |
| Melrose, MA | $463,300 | $1,095 | $740 | $1,520 | $780 |
| Suffolk County, MA | $430,900 | $1,216 | $840 | $1,740 | $900 |
| Lexington, MA | $816,100 | $1,301 | $870 | $1,860 | $990 |
| Topsfield, MA | $566,700 | $1,030 | $730 | $1,460 | $730 |
| Weymouth Town, MA | $345,300 | $981 | $720 | $1,400 | $680 |
| North Scituate, MA | $553,200 | $1,183 | $790 | $1,680 | $890 |
| Rockport, MA | $471,800 | $1,128 | $810 | $1,560 | $750 |
| Norton Center, MA | $327,300 | $1,312 | $930 | $1,860 | $930 |
| Leominster, MA | $231,700 | $985 | $720 | $1,350 | $630 |
| Cumberland, RI | $266,500 | $1,267 | $870 | $1,810 | $940 |
| Eliot, ME | $324,700 | $833 | $600 | $1,180 | $580 |