Home Insurance in Quincy, Massachusetts
With a median home value of $618,500, Quincy is 10% lower than the Norfolk County median.
Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Quincy was built around 1958. About 52% of homes were built before 1960, about 6 points above Norfolk County's 45%.
The housing stock in Quincy is 38% single-family homes and 40% apartments in buildings with 5+ units. The rest are 2-4 unit or other housing types.
In Quincy, about 61% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 6%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 45% of occupied homes in Quincy are owner-occupied.
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 Quincy - 54% - are primarily heated with natural gas.
What's the biggest home insurance risk near Quincy? FEMA's National Risk Index points to inland flooding (Relatively High) in Norfolk County and Norfolk County had 5,629 active NFIP flood policies as of September 2026. See the full Norfolk County home insurance overview for all FEMA hazard ratings and flood coverage details. Flood damage is excluded from a standard homeowners policy.
In Massachusetts, the statewide average premium for a standard HO-3 homeowners policy is $2,134 per year (NAIC, 2023 data).
Key figures
| Median home value | $618,500 |
|---|---|
| Median year built | 1958 |
| Owner-occupied share | 45% |
| Share of owner-occupied homes with a mortgage | 61% |
| Top county hazard | Inland Flooding (Relatively High) |
| Active NFIP policies in Norfolk County | 5,629 |
| 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)