Buffalo Insurance Rates:

Buffalo, NY home insurance is nearly $493 to $668, about $41-$55/month. Our in depth analysis shows customers can save as much as $232 by comparing different quotes

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Buffalo Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Chubb Group of Insurance
Home Insurance Rate of $520/10 months for $50000-$75000 Coverage
Policy Holder Home Details :

Home Value : $65,000

2 Beds, 2 Bath 1180 sqft Seasonal Residence Constructed In 1962 with Ceramic Tile Flooring, Asphalt Shingles Roof, Chainwall Foundation, Stucco siding, Stucco Construction. Home Features Include Indoor Sprinklers, Fire Extinguisher, Swimming Pool, Smoke Alarm, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

49 Years old Divorced Female who is Unemployed and has 2 Pets and is a Smoker

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

  • 650-699 Credit Score

Home Insurance Rate of $590/10 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $95,000

2 Beds, 2 Bath 1750 sqft Primary Residence Constructed In 1961 with Wood Flooring, Slate Shingles Roof, Crawl Space Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Swimming Pool, Deadbolt Locks, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

43 Years old Married Male who has a Part Time Job with household income of less than $25,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

Home Insurance Rate of $1810/12 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $240,000

5 Beds, 5 Bath 4300 sqft Vacation Property Constructed In 1952 with Carpet Flooring, Asphalt Shingles Roof, Piers Foundation, Stone Siding, Stucco Construction. Home Features Include Swimming Pool, Deadbolt Locks, Fire Extinguisher, Fireplace, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

71 Years old Divorced Female who is Retired 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

  • 500-549 Credit Score

Home Insurance Rate of $140/2 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $85,000

2 Beds, 2 Bath 1380 sqft Vacation Property Constructed In 1962 with Ceramic Tile Flooring, Membrane Roof, Crawl Space Foundation, Brick siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

33 Years old Divorced Male who has a Full Time Job with household income of more than $150,000 and has 2 Pets and is a Smoker

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

  • 750-799 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $470/10 months for $50000-$75000 Coverage
Policy Holder Home Details :

Home Value : $65,000

3 Beds, 3 Baths 1260 sqft Primary Residence Constructed In 1942 with Stone Flooring, Metal Roof, Slab Foundation, Stucco siding, Stucco Construction. Home Features Include Central Air Conditioning, Indoor Sprinklers, Fire Extinguisher, Deadbolt Locks, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

56 Years old Single Male who has a Full Time Job with household income of less than $25,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 750-799 Credit Score

Home Insurance Rate of $1330/10 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $180,000

4 Beds, 4 Baths 3090 sqft Primary Residence Constructed In 1945 with Ceramic Tile Flooring, Shingles Roof, Piers Foundation, Brick siding, Stucco Construction. Home Features Include Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

34 Years old Single Male who is a Freelancer with household income of $50-$75,000 and has 3 Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

  • Guests at home

Home Insurance Rate of $80/1 month for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $95,000

2 Beds, 2 Bath 1540 sqft Seasonal Residence Constructed In 1955 with Carpet over wood flooring, Asphalt Shingles Roof, Chainwall Foundation, Brick siding, Wood Frame. Home Features Include Fire Extinguisher, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

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

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

  • 750-799 Credit Score

Home Insurance Rate of $900/10 months for $100,000-$125,000 Coverage
Policy Holder Home Details :

Home Value : $110,000

3 Beds, 3 Baths 1312 sqft Rental Property Constructed In 1951 with Carpet over wood flooring, Slate Shingles Roof, Slab Foundation, Stone Siding, Stucco Construction. Home Features Include Central Air Conditioning, Fireplace, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

29 Years old Divorced Female who has a Full Time Job with household income of $100-$150,000 and has More than 3 Pets and is a Non-Smoker

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

  • 700-749 Credit Score

  • Seniors staying at home

Click here for Zip Code data

Buffalo Rates & Quotes Analysis:

Buffalo Area Estimated House Insurance
Vulcan St, Polish Ct, Bennett Ln, Hewitt Ave, Melbourne Pl, Orleans St, Spiess St, Lebrun Rd, W Northrup Pl, Sagamore Ter$579
Bertha Pl, Simon Ave, Cleveburn Pl, Loring Ave, Watts St, Beiter Walk, Davey St, Norfolk Ave, Fields Ave, Purdy St$623
Roslyn St, Queen St, Germania St, Cunard Rd, Edson St, Arnold St, Frank Ave, Buckingham Pl, Belmont St, Holloway Blvd$579
Wesley Ave, Goodell St, Busti Ave, Sterling Ave, Highgate Ave, Nicholson St, Sumner Pl, Virgil Ave, Eugene Ave, Sussex St$589
Northampton St, University Ave, E Utica St, Tifft St, Johnson Park, Layer Ave, Leslie St, Fennimore Ave, Wende St, Homer Ave$571
Texas St, Rapin Pl, Manton Pl, Stockbridge Ave, Hughes Ave, Narragansett Rd, St Martins Pl, Weimar St, Sears St, Wick St$587
Medford Pl, Bond St, Churchill St, Goemble Ave, Burgard Pl, Troy Pl, Newport Ave, Metcalfe St, Northumberland Ave, Montgomery St$570
Meadow Rd, Sydni Ln, Harvest Ave, Standish Rd, Radcliffe Rd, Allenhurst Rd, 14th St, la Salle Ave, Redmond Ave, Lawn Ave$586
Avery Ave, Penfield St, Riverview Pl, Lincoln Woods Ln, Paderewski Dr, Albemarle St, Monticello Pl, Pries Ave, Goodyear Ave, Landon St$575
New Bailey Ave, Hastings Ave, Otis Pl, Sayre St, Parkridge Ave, Colorado Ave, Gatchell St, Kehr St, Ryan St, Edison Ave$579

Insurance rates are influenced by a number of factors including:

  • Year Built: 87,035 Homes (64% of total homes ) built between 1939 or earlier in Buffalo are paying home insurance between $1,240-$1,249. Places close to Buffalo, NY such as Kenmore, Eggertsville, Cheektowaga are more expensive by $17, $21, $16 respectively.
  • Bedrooms: 17,784 1 bedroom homes (13% of total homes ) in Buffalo are paying about $203. Areas near to Buffalo such as Sloan, Kenmore, Lackawanna are costlier by $7, $9, $8 respectively.
  • Auto Insurance Bundling: 16,031 Households (33% of all households) in Buffalo have 2 vehicles available and when it is bundled with home insurance you can save $116. Discounts for similar bundling in close by locations such as Sloan, Kenmore, Lackawanna come to $116, $117, $116 respectively.
  • Senior Discounts: 24,154 seniors (more than 55 years) occupied housing units (50% of total) in Buffalo get discounts between $87 to $89 and differs from Sloan ($87), Kenmore ($88), Williamsville ($89).
  • New Homes discounts: New homes such as the 20,706 homes built between 2000 to 2009 in Buffalo can save $116 compared to Sloan ($116), Kenmore ($117), Lackawanna ($116).

Buffalo Homeowners insurance Facts

  • Buffalo, NY has 47,385 owner occupied houses which is 42.3% of all units whereas Sloan, Kenmore and Lackawanna have 70.35%, 68.96% and 59.64% respectively.
  • Buffalo, NY homeowners yearly insurance price at $580 is 0.87% of the typical house value of $66,700 which is in contrast with 0.78% in Sloan, 0.56% at Kenmore & 0.69% in Lackawanna.
  • Homeowners in Buffalo, NY pay 0.86% of their income ($60,000 to $74,999) in insurance whereas homeowners in Sloan, Kenmore and Lackawanna pay 0.86%, 0.87% and 0.87% respectively.
  • Buffalo, NY’s insurance is 4.8% of monthly housing costs of $1,004/month, for owners with a mortgage compared to 5.13% in Sloan, 3.97% at Kenmore & 5.12% in Lackawanna. But, for households without a mortgage, insurance is 12.0% of costs ($403 in Buffalo, NY) in contrast with 12.66% in Sloan, 9.23% at Kenmore & 10.99% in Lackawanna.

Buffalo, NY Home Values & Insurance rates

For example, insurance for 1,111 Homes (2.0% of total homes ) valued between $250,000 to $299,999 in Buffalo, NY is about $2,395.

Buffalo, NY Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 15,107 33.0% $214
$50,000 to $59,999 5,231 11.0% $452
$60,000 to $69,999 5,002 11.0% $562
$70,000 to $79,999 2,809 6.0% $649
$80,000 to $89,999 3,098 6.0% $736
$90,000 to $99,999 1,923 4.0% $823
$100,000 to $124,999 3,201 7.0% $951
$125,000 to $149,999 2,443 5.0% $1194
$150,000 to $174,999 1,780 3.0% $1409
$175,000 to $199,999 923 2.0% $1629
$200,000 to $249,999 1,561 3.0% $1960
$250,000 to $299,999 1,111 2.0% $2395
$300,000 to $399,999 1,195 2.0% $3039

Renters Insurance in Buffalo

  • Average Renters Insurance in Buffalo :  $213($17/month)

  • Median Gross Rent in Buffalo :  $672

  • Buffalo Renters Insurance to Median Rent Ratio:  2.53%

  • Renter occupied housing units in Buffalo :  64,759

Buffalo Renters Insurance as a Percentage of Rent

Buffalo Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 1,499 2.0% $353
$200 to $299 3,264 5.0% $803
$300 to $499 8,716 13.0% $1253
$500 to $749 26,547 42.0% $1928
$750 to $999 15,364 24.0% $2678
$1,000 to $1,499 6,796 10.0% $3803
$1,500 or more 843 1.0% $5453

Protective device discount in Buffalo Up to :  $31

Claims-free discount in Buffalo Up to :  $42

Buffalo, NY Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
14220 $80,500 $590
14204 $67,300 $580
14206 $63,800 $580
14215 $58,400 $580
14210 $58,000 $580
14212 $56,700 $580
14213 $56,300 $580
14207 $53,700 $580
14208 $48,800 $580
14211 $38,300 $580
14202 $321,600 $640
14222 $230,500 $620
14209 $161,000 $600
14216 $121,000 $590
14201 $119,500 $590
14214 $114,600 $590
14223 $113,000 $590