Local Agents Quotes for Homeowners & Auto Insurance in Shrewsbury MA
Posted by Premier Shield Insurance on
Premier Shield Insurance has some of the best rates for homeowners and auto insurance in Shrewsbury.
If you’re a first-time home buyer, congrats! Shrewsbury was recently ranked the #2 in Best Places to Live in Worcester County. We’ve helped hundreds of new homeowners find affordable home insurance in Shrewsbury.
The average price per square foot in Shrewsbury dropped from $236 to $229 over the last year. Current real estate trends indicate prices will increase by 3% or $9,475 this time next year. Check out available listings in Shrewsbury.
If you’ve had the same insurance for several years you’ve likely seen your home insurance rates increase year over year. This is because the majority of home insurance companies automatically build in a 4% inflation guard. This increases your Dwelling A coverage by 4% a year.
Example: You start the home insurance policy with $300,000 in Dwelling A Coverage. After year 1 Dwelling A goes up $12,000 or 4% to $312,000. After year 2 Dwelling A goes up $12,480 or 3% to $324,480. Your home premiums may or may not rise at the same rate. You can see your coverage amount increase by 8.16% in 2 years.
Auto Insurance Quotes Shrewsbury MA
Shrewsbury auto insurance rates can get expensive if you own a home, carry high limits and have a new driver on your policy. We can help you minimize the price increase by discussing different strategies we offer to help you lower your rates.
If you have a newly licensed driver your situation can get complicated (really expensive) pretty quick. Many families simply aren’t prepared to spend an extra $200 a month to let their teenage driver on the road.
Read more about how Wholefoods and Trader Joe’s increase your property values in this Money article Starbucks, Trader Joe’s, Whole Foods Boosts Property Value.
For homeowners who are safe drivers, have clean records, we’re often times about to save customers up to 37%.
Town of Shrewsbury , Massachusetts Zip codes: 01545 County: Worcester Incorporated?: 1727 Population: 37,387 (2017) Median Home Value $394,600 Median Rent $1,244 Homeowners vs Renters: 44% vs 26% Elevation: 668 ft (204 m)