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02467, MA Homeowners Insurance Rates

With a population size of 22,626 and with 6,761 occupied homes in the 02467 area, our online shopping service is becoming very helpful for homeowners like you. The average home insurance premiums in Chestnut Hill, MA are around $1,201 per year for a standard HO-3 homeowners policy. Wouldn't you love to save up to 40% or more on your next home insurance policy? Our process easily compares the most competitive rates, while including all discounts and credits, plus reviewing all enhanced coverage options. You will find that GetHomeInsuranceQuotes.com is the best place online to shop for home insurance rates in Chestnut Hill, Massachusetts. If you are looking for more affordable rates, let us help you shop and compare your next homeowners policy today. Just enter your zip code to start online comparing, or give us a call at 1-855-976-2656 so we can help you review rates today!

It's important to know that if your Massachusetts home may be located in a risk area that is prone to flooding, hurricanes or earthquakes. You may need additional coverage that is not part of your current policy like an HO-3 or HO-2. We can help you review the best protection and coverage options for your home located in Chestnut Hill, MA.

For Massachusetts home insurance information, including average Chestnut Hill home insurance rates, coverage options or the different homeowners insurance types, please select Chestnut Hill, MA Home Insurance Quotes Now!

02467 Home Insurance Average Premiums

Local 02467 homeowners insurance quotes comparison

$951 /yr.

Shows Zip Code: 02467 lowest rates with discounts applied on average.

For the 02467, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$951 /yr.
Average Coverage:$1201 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1501 /yr.

What is the average home insurance cost for a home in 02467?

  • • The average homeowners insurance premium paid annually for a home in 02467 is around $1201 per year.

What does it cost on average per month for home insurance in 02467?

  • • Homeowners in 02467 pay a monthly average cost per month around $100.00.

What kind of discount could I get if I combine my home and auto insurance together in 02467?

  • • Autoowners in 02467 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Chestnut Hill area, check out other zip codes nearby 02467.
Review average rates in another zip code:
02467 homeowners insurance rates

Home Replacement Cost Coverage in 02467

Average Building Cost Per Square Foot in 02467: $271

Location: Chestnut Hill, Massachusetts (Middlesex County)

Average Square Footage in 02467: 4,004 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 02467 before you start any project. Chestnut Hill homeowners pay on average around $271 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 02467 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 02467 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 4,004 sq. ft. and the average cost to rebuild the home in this area is around $271 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Chestnut Hill area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$2714,004$1,085,100
Additional Upgrades & Added Features$3394,004$1,356,375
Major Home Updates or Advancements$4074,004$1,627,650

It's important to understand that when you estimate your replacement cost of your home in the 02467 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 02467

Best Home & Auto Insurance Agencies in 02467

Housing Demographics for 02467

Population Review for 02467 Zip Code

For the city of Chestnut Hill, the population within 02467 has increased to over 17,138 residents in population size. The current population total is 22,626. We have broken down the population based on race below. In 02467, there are over 10574 in male population and 12052 females.

PopulationValues
Total Population22,626
White Population15550
Black Population1207
Hispanic Population1254
Asian Population3858
Hawaiian Population7
Indian Population53
Other Population624
Male Population10574
Female Population12052
Population Estimate17138

Household Data for 02467

The average number of homes in 02467 is around 6,761, there are an average of 2.42 per household. The average house value according to local real estate values is around $1,085,100. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode6,761
Persons Per Household2.42
Average House Value$1,085,100
Income Per Household$157054
Median Age31.1
Median Age Male32.2
Median Age Female29.9
02467 DetailsValues
StateMA
State Full NameMassachusetts
City TypeB
City Alias Abbreviation
Area Code857/617
CityChestnut Hill
City Alias NameCHESTNUT HILL
CountyMiddlesex
County FIPS017
State FIPS25
Time Zone5
Day Light SavingY
MSA1122
PMSA1120
CSA148
CBSA14460
CBSA_DIV15764
CBSA_TypeMetro
CBSA_NameBoston-Cambridge-Newton, MA-NH
MSA_NameBoston-Worcester-Lawrence, MA-NH-ME-CT CMSA
PMSA_NameBoston, MA-NH PMSA
RegionNortheast
DivisionNew England
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses483
Number Of Employees13701
Business First Quarter Payroll165573
Business Annual Payroll763174
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population4552402
CBSA Division Population2246244
Congressional District04|07|08
Congressional LandArea668.27|62.67|326.37
Delivery Residential7082
Delivery Business387
Delivery Total7732
Preferred Last Line KeyV21615
Classification Code
Multi-CountyY
CSA NameBoston-Worcester-Providence, MA-RI-NH
CBSA_DIV_NameCambridge-Newton-Framingham, MA
City State KeyV21615
Land Area4.906000
Water Area0.184000
City Alias Code
City Mixed CaseChestnut Hill
City Alias Mixed CaseChestnut Hill
Box Count118
SFDU4330
MFDU2640
State ANSI25
County ANSI017
ZIP Intro
Alias Intro
Facility CodeB
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number240013
Unique ZIP Name
SSA State County Code22090
Medicare CBSA Code15764
Medicare CBSA NameCambridge-Newton-Framingham, MA
Medicare CBSA TypeMetro
Market Rating Area ID0
County Mixed CaseMiddlesex

Massachusetts Homeowners Insurance News & Information

  • Economists Top 5 Housing Predictions for 2025 Posted on Monday 6th January, 2025

    Housing costs are currently sky-high, regardless of whether you are renting or in the market to buy a home. According to the latest data from the U.S Cenus, the median sales price for a single-family home was $437,300, which is up from $426,800 a month prior. On the rental front, the median price for rent […]

  • Do homeowners insurance policies have loopholes? Posted on Monday 30th December, 2024

    Homeowners insurance is a necessity to help protect your home, but there can be coverage gaps that you may not be aware of which can leave you unprotected. Flood and earthquake damage along with mold and other issues are excluded from most standard homeowners insurance policies.  Here are some common exclusions that could leave you […]

  • 2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024

    According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges.  Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]