Ashland Homeowners Insurance

Your Complete Guide to Homeowners Insurance in Ashland, MA

A good policy can protect the investment you have made in your home and property.

Ashland Massachusetts Homeowners Insurance

Ashland, MA, is home to nearly 18,000 people. This city provides its residents with a small-town New England feel, while all the amenities of Boston are just a short drive away. If you own a house in Ashland, you can benefit from the protections that a solid homeowners insurance policy can provide.

Independent agents are available to help you find the best and most affordable coverage for your Ashland home. If you would like to get more information and start comparing customized homeowners insurance quotes right away, contact an independent insurance agent near you.

How Much Does Homeowners Insurance Cost in Ashland, MA?

The average cost of home insurance in the state of Massachusetts is higher than the national average. Shopping around to find the best rate has the potential to save you hundreds of dollars a year.

  • National average yearly premium: $1,211
  • Massachusetts average yearly premium: $1,488

Your actual homeowners insurance quotes are likely to be different from the average rate mentioned above. This is because costs are assessed on a case-by-case basis according to several factors such as the following.

  • The size, age, and value of your home
  • The type of property you are insuring (e.g., single-family house, condo, townhouse, manufactured home, rental property, etc.)
  • The number of stories in your house and whether it has a basement
  • Your claims history and credit score
  • The crime rate and weather risks where your house is located
  • Whether you are bundling your coverage with other policies like car insurance or boat insurance

Every insurance company has its own way of calculating rates, so comparing a variety of quotes lets you choose the policy that offers the coverage you need at the most competitive price.

What Kinds of Damage Does Ashland Home Insurance Cover?

Your home insurance policy can cover against most of the hazards you may face as a property owner in Ashland. Covered risks consist of the following.

  • Accidental fires
  • Severe storms, including:
    • Hurricanes
    • Tropical storms
    • Windstorms
    • Electrical storms
  • Hail
  • Harsh winter weather, including:
    • Heavy snows
    • Ice accumulation
    • Prolonged Freezing temperatures
  • Property crimes

Your homeowners property insurance will include dwelling coverage, which covers the structure of your home, and contents coverage, which covers your personal property.

You will want to be sure that your coverage levels in each category are high enough to enable you to fully rebuild, repair, or replace all of your property if it is lost or damaged in a catastrophe like a fire.

What about Coverage against Floods in Ashland?

One risk that was not included on the list of covered hazards above is flooding. However, there are sections within Ashland that have a significant risk of sustaining serious flood damage. FEMA says that just one inch of rainwater in your home can cause as much as $25,000 in property damage.

If your home is located in a designated flood plan, your mortgage lender will require you to carry flood insurance while you are still paying for your house. Otherwise, this coverage is optional.

Even if you do not live in a flood zone, you may want to consider purchasing an affordable policy through the National Flood Insurance Program (NFIP). According to FEMA, around 20% of all flood claims filed are for properties outside of designated flood plains.

With an NFIP flood insurance policy, you can purchase up to $250,000 in structural coverage and $100,000 in contents coverage. These policies take 30 days to go into effect, so it is important to be proactive.

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What Is Loss of Use Insurance?

If your Ashland home is significantly damaged by a disaster like a fire or an uprooted tree during a windstorm, it may become uninhabitable until repairs are made.

Loss of use insurance, which is included in every homeowners insurance policy, can cover the cost of obtaining alternative living accommodations while repairs are being made to your house following a covered event.

Why Is Liability Insurance Important for Ashland Homeowners?

Liability lawsuits can be extremely expensive, and anyone can find themselves on the wrong end of one. Fortunately, your home insurance policy also provides you with a significant amount of personal liability protection.

Homeowners liability insurance is designed to cover court costs, legal fees, settlements, judgements, and other associated costs if you or someone in your household is unintentionally responsible for someone else’s injuries, property damage, or financial losses.

Here are examples of times your homeowners liability coverage can help you. 

  • A visitor to your home is badly injured in an accident that can be attributed to negligence of upkeep on your part.
  • You or someone in your household accidentally causes injuries or property damage to someone else while away from home.
  • Your dog gets loose and bites a neighbor.
  • You are accused of libel or slander.

If you want to have higher liability coverage limits than your homeowners insurance will allow, you can also purchase umbrella insurance. This is an affordable way to significantly boost all of your liability coverage.

Does Ashland Homeowners Insurance Cover against Burglaries?

The burglary rate in Massachusetts is lower than the national rate, and in Ashland it is even lower. Residents of this town reported just 9 burglaries in 2019.

  • Number of burglaries per 1,000 homes in the US: 3.76
  • Number of burglaries per 1,000 homes in Massachusetts: 2.01
  • Number of burglaries per 1,000 homes in Ashland: 0.51

Although your risk is low, it still it exists. It may therefore give you peace of mind to know that if your house is broken into, your home insurance can reimburse you for your property loss as well as for any damage the burglar may have caused to your house.

If you own any particularly expensive items like fine art or rare collectables, you may need to add special endorsements to your homeowners insurance in order for them to be fully covered.

Why Work with an Independent Insurance Agent?

The easiest way to find the best and most affordable insurance for your Ashland home is by working a local independent agent. These agents work for you, not for a specific insurance company, so they are free to shop around to find you the coverage you want at a competitive price.

Arrange an obligation-free consultation with an independent insurance agent near you to learn more. You will soon be able to start comparing a selection of customized homeowners insurance quotes.

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http://www.city-data.com/city/Ashland-Massachusetts.html
https://www.census.gov/quickfacts/fact/table/ashlandtownmiddlesexcountymassachusetts,US/PST045219
https://www.fema.gov/data-visualization/disaster-declarations-states-and-counties
https://www.fema.gov/flood-insurance
https://www.ashlandmass.com/DocumentCenter/View/855/Flood-Map-Wetlands-and-Flood-Zone-Changes-2014-PDF?bidId=