According to the insurance information institute the average annual premium for homeowners insurance in new jersey is 1 192 just 19 below the national average. We are an independent insurance agency serving new jersey new york connecticut pennsylvania and other states which means we can tailor your policy to meet your needs by offering plans from a wide array of top quality insurance providers.
Average new jersey homeowners insurance rates.
Home insurance quotes nj. Based on national averages homeowners in the garden state pay similar rates to those across the country. The national average rate for homeowners insurance is 2 305 but new jersey residents come in nicely under that with an average rate of 1 744 561 under the national average. 1 features are optional and a part of the enhanced package.
That puts new jersey s average cost of home insurance at 4 below the u s. This compares favorably to the state average cost of 665 offering a 143 discount on rates typical to the state. However homeowners can expect to pay more or less depending on the following.
The average cost of home insurance in new jersey is 1 744 making new jersey the 14th least expensive state in the country for home insurance. Its average cost is 561 or 24 less than the national average of 2 305 for the coverage level of. Out of the five largest companies in new jersey allstate offers the cheapest home insurance rates for a 200k new jersey home on average though travelers and state farm s average rates are similar.
That is just slightly under the united states national average which is 1 211 annually. Protect your investment with an affordable homeowners insurance policy from muller insurance. 3 must add enhanced packaged within 60 days of policy inception to earn an additional 100 reward at the 1st annual renewal.
Subject to terms conditions and availability. The average cost of homeowners insurance in new jersey is 1 161 a year or 97 a month. In the table below you can compare the average homeowners insurance rates in new jersey for five different companies.
The average cost of homeowner insurance in new jersey is 1 192 per year. Max deductible rewards that can be used in event of a claim is. 2 this feature applies to one claim every five years.
Not available in all states. New jersey homeowners pay an average of 1 192 per year according to the insurance information institute slightly below the national average of 1 211. New jersey manufacturers underwrites the most affordable home insurance policies in new jersey only 522 each year.
The best cheap insurance companies in new jersey. How much is homeowners insurance in new jersey. Average of 1 215 a year.
Home insurance costs are typically calculated using information on the home s age size construction type replacement cost and location. Prices for home insurance in new jersey vary depending on which insurance company you use.