Babylon Insurance Rates:

Babylon, NY home insurance is roughly $544 to $734, about $45-$61/month. Our thorough analysis indicates shoppers can save upto $255 by comparing many quotes

Compare Quotes from Top Providers and Save now!

See Babylon, New York Homeowners Insurance reviews to see who you can trust & compare the cheapest quotes.

Babylon Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Chubb Group of Insurance
Home Insurance Rate of $1330/10 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $190,000

2 Beds, 2 Bath 940 sqft Vacation Property Constructed In 1978 with Hardwood Flooring, Tile Roof, Chainwall Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Smoke Alarm, Fireplace, Fire Extinguisher, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

25 Years old Single Male who is a Freelancer with household income of $25-50,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 800-850 Credit Score

Home Insurance Rate of $2490/7 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $430,000

3 Beds, 3 Bath 1970 sqft Rental Property Constructed In 1971 with Hardwood Flooring, Composition Roof, Crawl Space Foundation, Brick siding, Stucco Construction. Home Features Include Fireplace, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

46 Years old Single Female who is Unemployed and has 1 Pet and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 700-749 Credit Score

Home Insurance Rate of $320/2 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $360,000

4 Beds, 4 Baths 1990 sqft Primary Residence Constructed In 1944 with Hardwood Flooring, Tile Roof, Piers Foundation, Stone Siding, Wood Frame. Home Features Include Deadbolt Locks, Indoor Sprinklers, Fireplace, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

48 Years old Single Male who has a Full Time Job with household income of less than $25,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $2560/12 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $240,000

3 Beds, 3 Baths 1470 sqft Rental Property Constructed In 1975 with Hardwood Flooring, Slate Shingles Roof, Piers Foundation, Stucco siding, Stucco Construction. Home Features Include Indoor Sprinklers, Fireplace, Fire Extinguisher, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

42 Years old Single Male who has a Part Time Job with household income of $25-50,000 and has No Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

  • Guests at home

Babylon Rates & Quotes Analysis:

Babylon Area Estimated House Insurance
Ponder Ln, Herbert Ave, N 16th St, W Somerset Rd, Woodcreek Ct, Remsen St, Caboto Ave, Linton Ct, Jenkins Ave, Patricia Ave$638
Parkman Rd, Bono Ct, Harriet Rd, Rome St, North Plz, Anita Ct, Boening Plz, 29th St, Cadman Ave, Piave Ter$642
Tompkins Ave, Navajo Trl, Gleeland St, Leonard Pl, Little East Neck Rd, Ida Ln, Whitney Dr, Buchanan Ave, Benjamin Rd, Poe Pl$639
Booker Blvd, Bismark Pl, Jackson Ave W, Sarah Ct, Tedel Ct, Pearsall Ave, Hicks St, Brefni St, Pratt St, 29th St$625
Wyona Ave, Atna Dr, N Crescent Dr, Watson Ave, Cabota Ave, Heathcote Rd, S Bay St, Pearsall Pl, W 24th St, Watkins Ter$639
Wilson Pl, Statesman Ave, Arcadia Dr, Wakefield St, Austin St, Lambert Ave, N Strong Ave, Morris St, Bkay Pl, Sandy Dr$645
W 16th St, Ketewamoke Ave, Perry Ln, Greenweadow Dr, S 29th St, Reef Ct, Cortland St, Eddie Ave, Belmont Pl, Daniel St$636
S 31st St, Richmond Ave, Wright Ave, N 7, Anthony Ln, N Jefferson Ave, Madison Dr, Ireland Pl, Johnson Ct, Lagoon Ct$636
Barry Rd, Salem Ave, W 20th St, Vermont St, Auburn St, 45th St, Whalen St, Feustal St, Erlanger Blvd, W Galley Dr$631
Grand Ln, Frontier Way, Cumberbach St, N Delaware Ave, Thorn Ave, Co Rd 34, Phelps Ln, Raider St, Anthony Ct, Patton Ave$641

Insurance rates are influenced by a number of factors including:

  • Year Built: 9,196 Homes (12% of total) built between 1970 to 1979 in Babylon are paying home insurance between $1,036-$1,045 in contrast with West Islip (+$20), West Bay Shore (+$26), Amityville (+$13), North Amityville (-$13) and Bay Shore (-$10).
  • Bedrooms: 12,015 2 bedrooms homes (16% of total homes ) in Babylon are paying about $231 and differs from Oak Beach-Captree (+$30), Gilgo (+$20), Lindenhurst (+$6), Bay Shore (-$3) and Wyandanch (-$7).
  • Auto Insurance Bundling: 16,206 Households (30% of all households) in Babylon have 3 or more vehicles available and when it is bundled with home insurance you can save $159. Discounts for similar bundling in close by locations such as Oak Beach-Captree, Gilgo, Lindenhurst come to $181, $174, $159 respectively.
  • Senior Discounts: 23,861 seniors (more than 55 years) occupied housing units (45% of total) in Babylon get discounts between $95 to $97 in contrast with Oak Beach-Captree ($108), Gilgo ($104), Lindenhurst ($95).
  • New Homes discounts: New homes such as the 31,707 homes built between 2000 to 2009 in Babylon can save $127 in contrast with Oak Beach-Captree ($145), Gilgo ($139), Lindenhurst ($127).

Babylon Homeowners insurance Facts

  • Babylon, NY has 52,864 owner occupied houses which is 75.9% of all units whereas Oak Beach-Captree, Gilgo and Lindenhurst have 100.0%, 100.0% and 80.99% respectively.
  • Babylon, NY homeowners yearly insurance price at $639 is 0.18% of the typical house value of $363,200 which is in contrast with 0.09% in Oak Beach-Captree, 0.11% at Gilgo & 0.18% in Lindenhurst.
  • Homeowners in Babylon, NY pay 2.84% of their income ($20,000 to $24,999) in insurance whereas homeowners in Lindenhurst, Copiague and West Islip pay 2.84%, 2.83% and 2.9% respectively.
  • Babylon, NY’s insurance is 1.9% of monthly housing costs of $2,798/month, for owners with a mortgage compared to 1.99% in Lindenhurst, 1.99% at Copiague & 1.77% in West Islip. But, for households without a mortgage, insurance is 5.3% of costs ($1,001 in Babylon, NY) in contrast with 5.32% in Lindenhurst, 5.3% at Copiague & 5.43% in West Islip.

Babylon, NY Home Values & Insurance rates

For example, insurance for 365 Homes (1.0% of total homes ) valued between $125,000 to $149,999 in Babylon, NY is about $236. Rates in nearby areas in such as Amityville, Massapequa Park, Wheatley Heights are cheaper by $17, $39, $40 respectively while West Babylon and North Babylon are costlier by $6 and $6 respectively for similar homes.

Babylon, NY Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 1,044 2.0% $38
$125,000 to $149,999 365 1.0% $236
$150,000 to $174,999 712 2.0% $281
$175,000 to $199,999 608 1.0% $325
$200,000 to $249,999 2,694 7.0% $396
$250,000 to $299,999 5,952 17.0% $479
$300,000 to $399,999 22,825 65.0% $613

Renters Insurance in Babylon

  • Average Renters Insurance in Babylon :  $102($8/month)

  • Median Gross Rent in Babylon :  $1,451

  • Babylon Renters Insurance to Median Rent Ratio:  0.55%

  • Renter occupied housing units in Babylon :  16,774

Babylon Renters Insurance as a Percentage of Rent

Babylon Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$300 to $499 417 2.0% $1225
$500 to $749 827 5.0% $1900
$750 to $999 1,325 8.0% $2650
$1,000 to $1,499 5,819 36.0% $3775
$1,500 or more 7,410 46.0% $5425

Rent Affordability in Babylon:

Approximately 53.0% (8,995) of households are spending more than 35% of their income on gross rent in Babylon

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 1,097 6.0%
15.0 to 19.9 percent 1,552 9.0%
20.0 to 24.9 percent 1,848 11.0%
25.0 to 29.9 percent 1,816 10.0%
30.0 to 34.9 percent 1,466 8.0%
35.0 percent or more 8,995 53.0%

Protective device discount in Babylon Up to :  $15

Claims-free discount in Babylon Up to :  $20