Fast Facts about this line of insurance:
- Two-hundred and sixty-eight (268) insurance companies are currently licensed to sell fire insurance in Massachusetts.
- The total Direct Written Premium for these 268 companies is $306,344,597 dollars.
- The top 20 insurance companies selling fire insurance in the Commonwealth enjoy a 66.1% share of the marketplace, writing a total of $202,541,287 dollars in Direct Written Premium.
- The remaining 248 insurers claim the remaining 33.9% share of this market which consists of a Direct Premium Written total of $103,803,310 dollars.
Are there any top insurers that are based in Massachusetts as well?
- Yes. There are five Massachusetts-based companies that are included in the top 20 list of the fire insurance companies. See them all below…
The list of the top 20 in the fire insurance marketplace
Company Name |
State |
Premium Written in MA |
Market Share in MA |
| 1. Arbella Protection Ins Co | MA | $32,438,976 | 10.59% |
| 2. Commerce Ins Co | MA | $21,035,421 | 6.87% |
| 3. Lexington Ins Co | DE | $18,999,525 | 6.20% |
| 4. Merrimack Mut Fire Ins Co | MA | $13,746,315 | 4.49% |
| 5. Affiliated Fm Ins Co | RI | $13,230,997 | 4.32% |
| 6. Vermont Mut Ins Co | VT | $12,618,508 | 4.12% |
| 7. Liberty Mut Fire Ins Co | WI | $10,420,827 | 3.40% |
| 8. Factory Mut Ins Co | RI | $9,840,373 | 3.21% |
| 9. American Security Ins Co | DE | $9,221,589 | 3.01% |
| 10. American Home Assur Co | NY | $8,272,404 | 2.70% |
| 11. Travelers Ind Co | CT | $8,046,657 | 2.63% |
| 12. Arbella Mut Ins Co | MA | $7,222,362 | 2.36% |
| 13. Insurance Co Of The State Of PA | IL | $5,572,659 | 1.82% |
| 14. Metropolitan Prop & Cas Ins Co | RI | $5,154,121 | 1.68% |
| 15. Farm Family Cas Ins Co | NY | $4,838,543 | 1.58% |
| 16. Foremost Ins Co Grand Rapids MI | MI | $4,540,516 | 1.48% |
| 17. XL Ins Amer Inc | DE | $4,447,074 | 1.45% |
| 18. Zurich Amer Ins Co | NY | $4,372,250 | 1.43% |
| 19. American Modern Home Ins Co | OH | $4,291,377 | 1.40% |
| 20. Safety Ins Co | MA | $4,230,793 | 1.38% |
