Bedminster Insurance Rates:

Bedminster, NJ home insurance is about $739 to $1,010, about $61-$84/month. Our exhaustive guide shows customers can save upto $349 by getting different quotes

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Bedminster Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Farmers Insurance
Home Insurance Rate of $310/2 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $440,000

4 Beds, 4 Baths 2330 sqft Rental Property Constructed In 1999 with Ceramic Tile Flooring, Shingles Roof, Crawl Space Foundation, Stone Siding, Brick Frame. Home Features Include Central Air Conditioning, Deadbolt Locks, Fireplace, Smoke Alarm, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

69 Years old Single Male who is Unemployed with household income of less than $25,000 and has No Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1060/6 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $355,000

4 Beds, 4 Baths 1710 sqft Seasonal Residence Constructed In 1992 with Carpet over wood flooring, Tile Roof, Crawl Space Foundation, Fiber-Cement Siding, Brick Frame. Home Features Include Copper Water Pipes, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

51 Years old Married Male who is a Freelancer with household income of $100-$150,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

Home Insurance Rate of $2650/12 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $390,000

5 Beds, 5 Baths 1770 sqft Vacation Property Constructed In 2000 with Stone Flooring, Wood Shake Roof, Chainwall Foundation, Brick siding, Brick Frame. Home Features Include Copper Water Pipes, Deadbolt Locks, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

63 Years old Single Female who has a Part Time Job with household income of $25-50,000 and has 2 Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 750-799 Credit Score

Home Insurance Rate of $480/8 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $235,000

2 Beds, 2 Bath 1420 sqft Primary Residence Constructed In 2006 with Carpet over wood flooring, Slate Shingles Roof, Chainwall Foundation, Vinyl siding, Wood Frame. Home Features Include Deadbolt Locks, Fireplace, Indoor Sprinklers, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

54 Years old Married Male who is Unemployed and has No Pets and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 650-699 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $100/1 month for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $265,000

2 Beds, 2 Bath 1430 sqft Rental Property Constructed In 2006 with Stone Flooring, Asphalt Shingles Roof, Chainwall Foundation, Stucco siding, Wood Frame. Home Features Include Fire Extinguisher, Fireplace, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

47 Years old Divorced Female who is Unemployed and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 550-599 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $540/2 months for $500000-$600000 Coverage
Policy Holder Home Details :

Home Value : $460,000

4 Beds, 4 Baths 2860 sqft Rental Property Constructed In 1994 with Stone Flooring, Composition Roof, Chainwall Foundation, Vinyl siding, Stucco Construction. Home Features Include Indoor Sprinklers, Copper Water Pipes, Swimming Pool, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

73 Years old Single Female who has a Part Time Job with household income of $25-50,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

  • Guests at home

Home Insurance Rate of $1310/9 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $365,000

4 Beds, 4 Bath 2010 sqft Primary Residence Constructed In 1997 with Linoleum, Shingles Roof, Piers Foundation, Stone Siding, Brick Frame. Home Features Include Swimming Pool, Deadbolt Locks, Indoor Sprinklers, Copper Water Pipes, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

59 Years old Married Female who has a Part Time Job with household income of $25-50,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $480/8 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $325,000

2 Beds, 2 Bath 1610 sqft Vacation Property Constructed In 2000 with Ceramic Tile Flooring, Slate Shingles Roof, Crawl Space Foundation, Wood siding, Brick Frame. Home Features Include Swimming Pool, Fireplace, Copper Water Pipes, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 75-100% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $510/5 months for $400000-$500000 Coverage
Policy Holder Home Details :

Home Value : $415,000

5 Beds, 5 Baths 1920 sqft Primary Residence Constructed In 1990 with Hardwood Flooring, Asphalt Shingles Roof, Chainwall Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Smoke Alarm, Swimming Pool, Central Air Conditioning, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

27 Years old Divorced Female who has a Full Time Job with household income of $25-50,000 and has 1 Pet and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 700-749 Credit Score

  • Guests at home

Home Insurance Rate of $1210/8 months for $500000-$600000 Coverage
Policy Holder Home Details :

Home Value : $515,000

4 Beds, 4 Baths 2480 sqft Vacation Property Constructed In 1993 with Carpet over wood flooring, Tile Roof, Slab Foundation, Stone Siding, Wood Frame. Home Features Include Indoor Sprinklers, Smoke Alarm, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

37 Years old Divorced Female who has a Part Time Job with household income of less than $25,000 and has 1 Pet and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

  • Guests at home

Bedminster Rates & Quotes Analysis:

Bedminster Area Estimated House Insurance
Obrien Ct, Timothy Ln, Robertson Dr, Rattlesnake Bridge Rd, N Stone Edge Rd, Windsor Ln, Quincy Ct, Cheswich Ct, N Edgewood Rd, Hyde Ct$867
Somerville Rd, High Pond Ln, Wildwood Ave, Bradford Rd, Wren Ln, Preston Ter, Larkspur Ct, Deer Haven Rd, Cedar Ct, Pluckemin Way$863
Ski Hill Dr, Fowler Rd, Somerset Ter, Brightwood Ln, Bunn Rd, Ray Ct, Heatherwood Ln, Tuttle Ave, Encampment Dr, Spook Hollow Rd$1,007
River Rd W, Valley View Ct, Knollcrest Rd, Cobble Ln, Edgewood Rd, White Tail Ln, Old Farm Ln, Sargeant Stoddard Ct, Pheasant Brook Ct, Eton Ct$864
Teal Ln, Stevens Ct, Autumn Ridge Rd, Parkside Rd, Spruce Ct, Hillside Dr, Kestrel Ln, Stafford Ct, Hills Dr, Westview Ln$860

Insurance rates are influenced by a number of factors including:

  • Year Built: 762 Homes (17% of total) built between 1990 to 1999 in Bedminster are paying home insurance between $1,261-$1,274 in contrast with Peapack and Gladstone (+$164), Far Hills (+$158), Tewksbury (+$109), White House Station (-$13) and Somerville (-$38).
  • Bedrooms: 984 3 bedrooms homes (23% of total homes ) in Bedminster are paying about $472. Areas near to Bedminster such as Peapack and Gladstone, Far Hills, Tewksbury are costlier by $62, $60, $41 respectively whereas White House Station and Somerville are more economical by $4, $14 respectively for similar homes.
  • Auto Insurance Bundling: 405 Households (12% of all households) in Bedminster have 3 or more vehicles available and when it is bundled with home insurance you can save $218 compared to Peapack and Gladstone ($247), Far Hills ($246), Tewksbury ($237).
  • Senior Discounts: 1,494 seniors (more than 55 years) occupied housing units (44% of total) in Bedminster get discounts between $130 to $132 and differs from Peapack and Gladstone ($148), Far Hills ($147), Tewksbury ($142).
  • New Homes discounts: New homes such as the 1,029 homes built between 2000 to 2009 in Bedminster can save $174 and similar new home insurance discounts in nearby towns and cities like Peapack and Gladstone, Far Hills and Tewksbury are $197, $196 and $190 respectively.

Bedminster Homeowners insurance Facts

  • Bedminster, NJ has 3,341 owner occupied houses which is 84.7% of all units whereas Peapack and Gladstone, Far Hills and Tewksbury have 77.87%, 81.32% and 92.55% respectively.
  • Bedminster, NJ homeowners yearly insurance price at $874 is 0.23% of the typical house value of $387,600 which is in contrast with 0.13% in Peapack and Gladstone, 0.13% at Far Hills & 0.15% in Tewksbury.
  • Homeowners in Bedminster, NJ pay 3.18% of their income ($25,000 to $29,999) in insurance whereas homeowners in Far Hills, Tewksbury and White House Station pay 3.58%, 3.45% and 3.15% respectively.
  • Bedminster, NJ’s insurance is 2.9% of monthly housing costs of $2,481/month, for owners with a mortgage compared to 2.06% in Peapack and Gladstone, 2.05% at Far Hills & 1.98% in Tewksbury. But, for households without a mortgage, insurance is 7.7% of costs ($948 in Bedminster, NJ) in contrast with 8.23% in Peapack and Gladstone, 8.19% at Far Hills & 7.91% in Tewksbury.

Bedminster, NJ Home Values & Insurance rates

For example, insurance for 276 Homes (15.0% of total homes ) valued between $250,000 to $299,999 in Bedminster, NJ is about $620. Rates in nearby areas in such as Peapack and Gladstone, Green Knoll, Bernards are cheaper by $265, $83, $212 respectively while White House Station and Somerville are costlier by $46 and $160 respectively for similar homes.

Bedminster, NJ Home By Value Total Homes % of Total Average Homeowners Insurance
$60,000 to $69,999 56 3.0% $139
$70,000 to $79,999 30 1.0% $166
$80,000 to $89,999 53 2.0% $183
$100,000 to $124,999 63 3.0% $244
$125,000 to $149,999 104 5.0% $305
$150,000 to $174,999 169 9.0% $358
$175,000 to $199,999 78 4.0% $419
$200,000 to $249,999 77 4.0% $506
$250,000 to $299,999 276 15.0% $620
$300,000 to $399,999 837 47.0% $786

Renters Insurance in Bedminster

  • Average Renters Insurance in Bedminster :  $90($7/month)

  • Median Gross Rent in Bedminster :  $1,693

  • Bedminster Renters Insurance to Median Rent Ratio:  0.41%

  • Average household size of renter-occupied unit :  1.99

Bedminster Renters Insurance as a Percentage of Rent

Bedminster Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$750 to $999 35 6.0% $2647
$1,000 to $1,499 166 29.0% $3772
$1,500 or more 370 64.0% $5422

Rent Affordability in Bedminster:

Approximately 50.0% (302) of households are spending more than 35% of their income on gross rent in Bedminster

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 111 18.0%
15.0 to 19.9 percent 79 13.0%
20.0 to 24.9 percent 44 7.0%
25.0 to 29.9 percent 51 8.0%
30.0 to 34.9 percent 17 2.0%
35.0 percent or more 302 50.0%

Protective device discount in Bedminster Up to :  $13

Claims-free discount in Bedminster Up to :  $18