Taunton Homeowners Insurance

What Your Taunton, MA Homeowners Insurance Policy Needs

Find the right homeowners insurance policy for you.

As one of the original Pilgrim towns, Taunton, MA has a long, rich history. It’s survived as a strong industrial center for almost 400 years despite the risk of flood and fire. It’s a city that is both tough and gentle at the same time, with a rich heritage that flows through everyday life. Homes are more affordable here than in other places closer in to Boston, too.

For the residents of Taunton, home insurance is very affordable by comparison as well, but you still have to shop around if you want the best price. That’s why an Independent Insurance Agent is essential. Since agents aren’t tied to one company, they will obtain multiple quotes from different agencies so you can compare them to find the lowest cost for your home and your lifestyle. With their expertise. You will always be covered with the right insurance for you.

While home insurance is very affordable in Taunton, it tends to be more expensive than average across Massachusetts. On average, homeowners spend $1,034 per year across the United States for insurance, but it runs $1,150 per year in the Bay State. Massachusetts ranks 16th overall for home insurance costs. Your own home insurance is based on your situation, and many things other than location go into determining your rate, such as the following:

  • Home's age - An older home will need more upkeep.
  • Type of construction - Wooden homes need more maintenance than brick homes.
  • Claims history - More claims will make your coverage more expensive.
  • Risk factors on the property - Swimming pools and trampolines are the leaders.
  • Credit score - A low credit score is indicative of high risk.

No matter what your home’s situation, some carriers will be cheaper than others based on the factors they consider to be the most important. Your Independent Agent will find the policy that is right for you.

Taunton Second Home and Vacation Home Insurance

There are some people who maintain a second home here in Taunton for business reasons, although vacation homes are not common. You may want to insure a second home for less than your primary home in order to save money, possibly by insuring the contents fully. If you opt for doing this, you are taking on the risk yourself in the case of any loss from disaster or theft. As long as you know the liability, it may be best for you. Because no one is there to watch it all the time, your second home may be more expensive. If you have a gated community or other security systems, some companies will give you a discount on second home insurance.

Number of Thefts in Massachusetts

While home insurance in Massachusetts is relatively expensive, the state has fewer burglaries than the average state has, which helps keep the cost down. This is shown in the statistics from recent years:

  • The average state had 37,814 burglaries.
  • Reported thefts were 30,735 in Massachusetts.

There are ways you can save on homeowners insurance if you need to. One way is to cover the cost of the contents of your home at current value, which depreciates with time, as opposed to the full replacement cost. If you are willing to pay for full replacement coverage, you aren’t taking on risk yourself and may be able to have your life back together much quicker, so it may be worth it to you. Your homeowners insurance always pays for damage to the property from a break-in.

Number of Catastrophes in Massachusetts

There are very few catastrophes in Massachusetts, due largely to relatively mild weather and the lack of any other kind of natural disaster. Outside of a wicked nor’easter or the Whittenton Pond Dam failing, there aren’t many events of widespread destruction in Taunton.

  • In recent years, 140 catastrophes were reported in Massachusetts.
  • The same year, two tornadoes were sighted in the state.
  • 1 in 15 insured homes has a claim every year.

Though catastrophes such as storms are rare, they do cause a tremendous amount of damage. The right carrier can help you get back on your feet quickly. The best insurance for you is about more than simply an affordable price. It’s also about good coverage and quick settlement so that you can recover from a catastrophe.

What Are the Risks in Taunton?

Like any other city, Taunton has unique considerations for homeowners insurance that vary from one place to the next. For example, a trampoline or tree fort may be an “attractive nuisance” that has to be protected in case someone is injured and files a suit. Some areas of the city have higher crime than others, and it may be important to have additional protection against theft. If your home is in an area that is prone to flooding, you also have to have separate flood insurance, which is handled completely separately from regular homeowners insurance.

Compare Taunton Home Insurance Quotes

The most important thing to do is to review your needs with an Independent Insurance agent. They take the time to get to know your property and your lifestyle to find the best homeowners insurance for your budget. Because our Agents live here in Taunton, they know the conditions and reliable insurance carriers and they can help you find the policy that is right for you.

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