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Massachusetts Home Insurance Estimator โ€” Updated 2026

State abbreviation: MA

Homeowners insurance in Massachusetts averages $1,440/year, depending on home value, location (wildfire/flood zones), age, and coverage limits. For a home valued at $465,000, you should budget 0.31% of its value annually for insurance. Insurance costs here are above the national average.

Massachusetts Financial Data (2026)

State Tax Rate
5%
Property Tax Rate
1.23%
Median Home Price
$465,000
Avg Insurance Cost
$1,440/year
Cost of Living Index
125
State Abbreviation
MA