Cohen Miles Insurance Agency Inc.
105 Chestnut St, Ste 31, Needham, MA 02492
View this agency's profile to learn more about their services.
City directory
Needham households and business owners trust local agents to navigate carrier appetite shifts, underwriting requirements, and the claims process.
Compare local agents, coverage options, and specialties to find the right fit for your insurance needs.
105 Chestnut St, Ste 31, Needham, MA 02492
View this agency's profile to learn more about their services.
10 Kearney Rd, Suite 200, Needham, MA 02494
View this agency's profile to learn more about their services.
216R Chestnut St, Needham, MA 02492
View this agency's profile to learn more about their services.
85 Chapel St, Needham, MA 02492
View this agency's profile to learn more about their services.
Learn about insurance coverage options specific to Needham residents.
Needham insurance guide covering auto, home, and umbrella coverage. Learn about MA's 2025 rate changes, local agents, and how to protect $1.5M+ homes.
Home InsuranceNeedham home insurance averages $3,000-$5,000 yearly. Learn about flood risk from Charles River, replacement costs, and how to save on coverage.
Home insurance in Needham typically costs less than the Massachusetts state average of $1,425 annually because of its inland location. Needham homes face lower risk from hurricanes and coastal storms, which can save you hundreds of dollars per year compared to coastal properties. Norfolk & Dedham, a local carrier with offices in Needham, offers policies averaging around $477 annually. Your actual cost depends on your home's value, age, construction, and the coverage limits you select.
As of July 1, 2025, Massachusetts requires minimum liability coverage of $25,000 per person and $50,000 per accident for bodily injury, plus $30,000 for property damage. This is the first increase since 1988, when property damage coverage was just $5,000. The new minimums increased average minimum coverage premiums by about 36%, from $524 to roughly $711 annually. However, if you own a home in Needham with significant equity, you should strongly consider higher liability limits to protect your assets.
Given Needham's high property values (averaging $1.46 million for single-family homes) and median household incomes over $212,000, umbrella insurance is worth serious consideration. It provides extra liability coverage beyond your home and auto policies, typically $1 million to $5 million, and costs only $150 to $300 annually for a $1 million policy. If you cause a serious accident or face a lawsuit that exceeds your standard policy limits, an umbrella policy protects your home, savings, and other assets from being seized to pay a judgment.
No. Massachusetts is one of the few states that prohibits insurance companies from using credit scores when setting home insurance rates. Your premium is determined solely by your property's characteristics, your claims history, and the coverage you choose. This consumer protection ensures that people with lower credit scores aren't penalized with higher insurance costs, making Massachusetts unique among most states.
Local independent agents in Needham offer significant advantages, especially given the town's high property values and specific coverage needs. Independent agents represent multiple insurance carriers and can compare rates and coverage from companies like Norfolk & Dedham, national carriers, and regional insurers. They understand Norfolk County risks, can help you avoid coverage gaps, and often secure better rates through bundling discounts. For properties worth over $1 million, having an agent who understands your specific situation is worth the effort.
Review your coverage annually, especially given how quickly property values have risen in Needham (up 22% in 2025 alone). Also review whenever you make major home improvements, buy a new vehicle, or experience significant life changes like marriage or inheritance. The 2025 changes to Massachusetts auto insurance minimums demonstrate how requirements evolve. What provided adequate protection last year may leave you underinsured today, particularly with home values approaching $1.5 million on average.
Stand out to local shoppers with your team, specialties, and business hours. Member agencies get priority placement and more features.
Join the network