Homeowners insurance in Massachusetts: premium by ZIP code
Massachusetts's median ZIP code paid $1,850 per policy in 2022; Barnstable County, Cape Cod, paid $3,512.
Independent site, not an insurer or a broker. Treasury figures cover 2018 to 2022 only.
Premium per policy in 2022, Massachusetts (median ZIP code)
$1,850
Average paid per HO-3 or HO-5 policy, inflation-adjusted as published by the Treasury. At September 2026 prices: about $2,464.
| Change from 2018 to 2022, after inflation | +3.1% |
| Premium per policy in 2018 | $1,795 |
| Premium per policy in 2022 | $1,850 |
| 2022 premium carried to September 2026 (BLS index) | $2,464 |
| Policies not renewed by the insurer, 2022 | 0.91% |
| Claims paid per 100 policies, yearly average | 3.8 |
| Average claim paid, 2018 to 2022 (adjusted) | $16,002 |
| Cancelled for nonpayment, 2022 | 2.14% |
Treasury data stop in 2022. The September 2026 figure applies the national BLS price index to the 2022 value, read as 2022 dollars: an estimate, not a quote.
Compiled by Radif Partners · Where the numbers come from · 500 ZIP codes in 14 counties of Massachusetts in the Treasury file · not a quote
Massachusetts homeowners paid $1,850 per policy in the median ZIP code in 2022, ranked 16 of 51 and above the national $1,551, after a small rise of +3.3% after inflation from 2018. Inland and coastal Massachusetts are separate markets. Worcester County paid $1,643 and Middlesex County $1,880, while Barnstable County, Cape Cod, paid $3,512, about twice as much. Nantucket's two ZIP codes, 02554 and 02564, were the dearest in the state at around $15,000. Insurers' paid loss ratio was among the lowest in the country after 2018, near 24%. Nonrenewals fell from 1.19% to 0.57% and rose again to 0.91%. On the Cape and the islands, the Massachusetts Property Insurance Underwriting Association, the state's FAIR Plan, writes a large share of homes, and those policies are not in these figures. The data stop in 2022.
The Cape and the islands
Barnstable County had 46 ZIP codes in the file and a median of $3,512 in 2022. Nantucket's 02554 paid $16,084 and 02564 $15,191, the result of high house values and full exposure to Atlantic storms. Many private insurers limit how many homes they write on the Cape, and coastal policies there typically carry a percentage hurricane or wind deductible. The Massachusetts Property Insurance Underwriting Association writes dwelling and homeowners forms, including multi-peril coverage close to an HO-3, which makes it a common choice on the Cape rather than a last resort in name only.
A Cape Cod wind deductible
Example, not your result yet· change a figure to see yours
The insurer would pay
$17,000
| Full percentage deductible | $13,000 |
| Paid with the flat deductible instead | $29,000 |
| Extra you carry because of the percentage | $12,000 |
| 2% of this dwelling limit | $13,000 |
Greater Boston and Worcester
Middlesex County, west and north of Boston, had 78 ZIP codes and a median of $1,880, up +3.2% after inflation. Essex County, on the North Shore, paid $2,041. Worcester County, with the most ZIP codes, paid $1,643 after a rise of +4.5%. The cheapest ZIP codes were in Franklin County in the hills of the northwest, 01376 at $1,197 and 01344 at $1,254. The state's dearest tenth of ZIP codes paid over $3,429, more than twice its cheapest tenth.
A busy 2018, then quieter years
Paid claims were 4.9 per 100 policies in 2018, the year of several nor'easters in March, and fell to 2.9 in 2022. The paid loss ratio went from 31% to 24%. The average claim, $16,002, was close to the national figure. Winter claims, from ice dams, frozen pipes and fallen trees, make up much of the state's ordinary losses; the claim calculator helps decide whether a small one is worth filing.
Renewals and the regulator
The nonrenewal rate fell from 1.19% in 2018 to 0.57% in 2021, then rose to 0.91% in 2022. Cancellations for nonpayment were above the national median, 2.14%. The Massachusetts Division of Insurance reviews rates and handles complaints.
Massachusetts, year by year
| Year | Massachusetts median ZIP | National median ZIP | Nonrenewal rate | Claims per 100 policies | Paid loss ratio |
|---|---|---|---|---|---|
| 2018 | $1,795 | $1,445 | 1.19% | 4.9 | 31% |
| 2019 | $1,837 | $1,469 | 0.84% | 3.5 | 24% |
| 2020 | $1,864 | $1,491 | 0.69% | 3.7 | 24% |
| 2021 | $1,840 | $1,521 | 0.57% | 3.8 | 25% |
| 2022 | $1,850 | $1,551 | 0.91% | 2.9 | 24% |
The Massachusetts counties with the most ZIP codes in the file
| County | ZIP codes | Median 2018 | Median 2022 | Change | Nonrenewal 2022 | Average claim |
|---|---|---|---|---|---|---|
| Worcester County | 83 | $1,563 | $1,643 | +4.5% | 0.97% | $16,138 |
| Middlesex County | 78 | $1,813 | $1,880 | +3.2% | 0.94% | $15,367 |
| Barnstable County | 46 | $3,198 | $3,512 | +4.3% | 0.56% | $17,587 |
| Essex County | 41 | $2,017 | $2,041 | +2.3% | 0.94% | $16,591 |
| Norfolk County | 39 | $1,841 | $1,860 | +2.9% | 0.92% | $15,842 |
| Hampden County | 35 | $1,398 | $1,441 | +3.8% | 1.02% | $16,075 |
| Bristol County | 34 | $1,804 | $1,864 | +2.8% | 0.94% | $13,554 |
| Plymouth County | 32 | $1,993 | $2,100 | +2.5% | 0.92% | $16,612 |
Highest and lowest premiums per policy, Massachusetts ZIP codes, 2022
| ZIP code | County | Premium per policy | Change since 2018 | Nonrenewal 2022 |
|---|---|---|---|---|
| 02554 | Nantucket County | $16,084 | +30.7% | 0.16% |
| 02564 | Nantucket County | $15,191 | +5.3% | 0.64% |
| 02535 | Dukes County | $14,909 | +7.3% | 1.54% |
| 02108 | Suffolk County | $11,504 | +17.0% | 1.68% |
| 02647 | Barnstable County | $11,286 | +8.7% | 0.00% |
| 01376 | Franklin County | $1,197 | +1.5% | 0.33% |
| 01344 | Franklin County | $1,254 | +1.5% | 0.00% |
| 01364 | Franklin County | $1,279 | +1.8% | 0.92% |
| 01220 | Berkshire County | $1,279 | +1.8% | 0.96% |
| 01066 | Hampshire County | $1,291 | -8.1% | 1.69% |