Home Insurance in Haverhill, Massachusetts
The median home value in Haverhill is $453,900, 27% lower than the Essex County median.
The typical home in Haverhill was built around 1964. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 47% of homes were built before 1960, about 2 points below Essex County's 50%.
In Haverhill, the housing stock is 51% single-family homes and 23% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
About 74% of owner-occupied homes in Haverhill have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Haverhill has an owner-occupancy rate of 63% and a vacancy rate of 5%; unoccupied homes typically need a different coverage form.
Homes heated with fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. Most homes in Haverhill - 67% - are primarily heated with natural gas.
Essex County's top FEMA-rated hazard is coastal flooding (Very High), per FEMA's National Risk Index. Essex County had 8,754 active NFIP flood policies as of September 2026. See the full Essex County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
The statewide average premium for a standard HO-3 homeowners policy in Massachusetts is $2,134 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $453,900 |
|---|---|
| Median year built | 1964 |
| Owner-occupied share | 63% |
| Share of owner-occupied homes with a mortgage | 74% |
| Top county hazard | Coastal Flooding (Very High) |
| Active NFIP policies in Essex County | 8,754 |
| Home insurance premium | $2,134 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)