Convenient to both Worchester and Greater Boston, Framingham, MA is a center of its own. The Golden Triangle is home to a great regional shopping experience. It’s just far enough away so that home prices are a bit lower than in either of the other two areas without sacrificing the amenities. It’s a great place to own a home. Owning a home in Framingham means insuring a home, and the choices facing any homeowner can be daunting. If you are looking to buy Framingham home insurance, the best thing you can do is to talk to your Independent Insurance Agent.
Your agent will shop around to get you multiple quotes so that you can compare them and find the most affordable policy. Because there are so few storms in Framingham, homeowners insurance can be had for relatively low cost when compared with the immediate Boston area. Despite the advantages of Framingham, home insurance in Massachusetts is a bit higher than the national average. These are the statistics from recent years:
- The national average was $1,034 for home insurance.
- In Massachusetts, the average was $1,150.
- This ranks the state 11th among the states.
The cost of insuring your home is based on a number of factors. Size is the most important factor, simply because a larger home is more expensive to replace in the event of a fire or other disaster. The condition of your house is also very important, so you can expect periodic inspections to make sure it’s in good shape.
Framingham Second Home and Vacation Home Insurance
Not many people have vacation homes in Framingham, though there are some people who need a residence close to Boston for business. Those who do should consider insuring it the same way they would their primary residence. There’s no point in skimping on cost because the same potential for loss exists on a second home. If you do want to save money and take on some risk yourself, the most common way is to not insure the contents of the home. Often, you will find that this is more expensive on a second home anyway, given that no one is there all the time to keep an eye on things.
Number of Thefts in Massachusetts
Burglaries are not a big problem in Massachusetts overall. These are the figures for recent years:
- Nationally, the average state had 37,814 break-ins.
- In Massachusetts, there were only 30,735.
There are many things you can do to protect yourself and keep your insurance cost low. A security system is the most important, and you will often get a discount for this. Generally, homeowners insurance pays for all costs relating to damage caused by a burglar even if your home’s contents are not insured. It’s important to have the coverage you need to protect the valuables you have in your home.
Number of Catastrophes in Massachusetts
With some of the mildest weather in the nation and no other threats like earthquakes, Massachusetts has one of the lowest rates of catastrophes. Across the state:
- In recent years, there were 140 official catastrophes or incidents of widespread loss.
- there were only 2 tornadoes reported in recent years.
- 1 in 15 insured homes has a claim every year.
While catastrophes are not a serious concern in Massachusetts, it’s important to have the right insurance should a thunderstorm strike. You never know when a "nor’easter" will make its way far inland and cause severe damage, even if the risk is quite low.
What Are the Risks in Framingham?
There aren’t a lot of risks in Framingham, with its mild weather and low risk of theft. That’s a good thing because there are many things you can do to protect yourself and keep your insurance cost low. There are other things that influence the cost of your insurance, including any “attractive nuisance” that can cause injury, such as a trampoline. A fenced yard with a good security system will protect you no matter what your situation.
Compare Framingham Home Insurance Quotes
You do have a lot of options when looking for the homeowners insurance that best fits your unique home. Talk to your Independent Agent today. Since our agents are not tied to one company, they will get you the quote for your home at the most affordable price.