Elkhart Insurance Rates:

Elkhart, IN home insurance is about $676 to $917, about $56-$76/month. Our all inclusive analysis reveals consumers can save upto $318 by comparing different quotes

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Elkhart Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Erie Insurance
Home Insurance Rate of $370/12 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $80,000

2 Beds, 2 Bath 1050 sqft Seasonal Residence Constructed In 1974 with Stone Flooring, Slate Shingles Roof, Crawl Space Foundation, Stucco siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, Copper Water Pipes, Swimming Pool, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

Home Insurance Rate of $390/10 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $90,000

2 Beds, 2 Bath 1380 sqft Primary Residence Constructed In 1942 with Linoleum, Tile Roof, Slab Foundation, Stone Siding, Metal Frame Construction. Home Features Include Fire Extinguisher, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

55 Years old Divorced Female who has a Full Time Job with household income of $25-50,000 and has No Pets and is a Non-Smoker

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

  • 550-599 Credit Score

  • Guests at home

Home Insurance Rate of $160/7 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $90,000

2 Beds, 2 Bath 1330 sqft Vacation Property Constructed In 1989 with Hardwood Flooring, Asphalt Shingles Roof, Crawl Space Foundation, Fiber-Cement Siding, Wood Frame. Home Features Include Deadbolt Locks, Fireplace, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 50-75% Mortgage Paid off

  • 600-649 Credit Score

  • Guests at home

Home Insurance Rate of $230/8 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $95,000

3 Beds, 3 Bath 1410 sqft Vacation Property Constructed In 1965 with Carpet over wood flooring, Wood Shake Roof, Slab Foundation, Vinyl siding, Stucco Construction. Home Features Include Fireplace, Indoor Sprinklers, Smoke Alarm, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

56 Years old Single Male who is Unemployed and has 2 Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 800-850 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $200/3 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $145,000

4 Beds, 4 Bath 2230 sqft Primary Residence Constructed In 1996 with Carpet Flooring, Metal Roof, Piers Foundation, Stucco siding, Brick Frame. Home Features Include Smoke Alarm, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

73 Years old Single Female who has a Part Time Job with household income of less than $25,000 and has No Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

Home Insurance Rate of $100/2 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $140,000

4 Beds, 4 Baths 1830 sqft Seasonal Residence Constructed In 1940 with Stone Flooring, Tile Roof, Chainwall Foundation, Vinyl siding, Brick Frame. Home Features Include Copper Water Pipes, Fire Extinguisher, Fireplace, Indoor Sprinklers, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

57 Years old Single Female who is Unemployed and has 3 Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $90/5 months for $50000-$75000 Coverage
Policy Holder Home Details :

Home Value : $70,000

2 Beds, 2 Bath 1110 sqft Rental Property Constructed In 1985 with Carpet Flooring, Membrane Roof, Piers Foundation, Stone Siding, Brick Frame. Home Features Include Fireplace, Central Air Conditioning, Indoor Sprinklers, Deadbolt Locks, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

71 Years old Single Male who is Retired with household income of less than $25,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 500-549 Credit Score

  • Guests at home

Home Insurance Rate of $450/10 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $190,000

5 Beds, 5 Baths 3560 sqft Vacation Property Constructed In 1998 with Hardwood Flooring, Shingles Roof, Crawl Space Foundation, Vinyl siding, Brick Frame. Home Features Include Fire Extinguisher, Fireplace, Deadbolt Locks, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

57 Years old Divorced Male who has a Part Time Job with household income of $25-50,000 and has 2 Pets and is a Non-Smoker

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

  • 800-850 Credit Score

  • Guests at home

Home Insurance Rate of $280/12 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $90,000

2 Beds, 2 Bath 1680 sqft Rental Property Constructed In 2003 with Linoleum, Composition Roof, Slab Foundation, Stucco siding, Wood Frame. Home Features Include Fire Extinguisher, Central Air Conditioning, Fireplace, Smoke Alarm, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 75-100% Mortgage Paid off

  • 500-549 Credit Score

  • Guests at home

Home Insurance Rate of $480/7 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $225,000

4 Beds, 4 Baths 3220 sqft Seasonal Residence Constructed In 2001 with Linoleum, Asphalt Shingles Roof, Crawl Space Foundation, Stone Siding, Brick Frame. Home Features Include Deadbolt Locks, Smoke Alarm, Indoor Sprinklers, Copper Water Pipes, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

74 Years old Divorced Female who is Unemployed and has 1 Pet and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

  • Guests at home

Elkhart, IN Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
46517 $120,400 $830
46514 $116,200 $820
46516 $101,100 $820

Elkhart Rates & Quotes Analysis:

Elkhart Area Estimated House Insurance
Jackson Pl, Pinecrest Dr, Knoll Dr, Bittersweet Ln, Thistle Ct, Rogers Rd, Stone Ct, Autumn Dr, Liberty Dr, Fieldhouse Ave$835
McDowell St, Cobblestone Way, Columbus Dr, Joshua Dr, Cameo Ct, Roseland Ave, Woodlawn Ave, Michael Ct, Sweetbay Dr, Strong Ave$819
W Marion St, Randolph St, Superior Blvd, Spring Meadow Ct, Victoria Dr, All Pro Dr, Greenleaf Blvd, Osolo Rd, Sunnybrook Ln, Sherman St$780
Hickory Ln, Co Rd 10 W, Tara Ln, Riverbend Cir, Stone Edge Dr, Sapphire Blvd, McDonald St, Arbutus St, Baxter Cir, Roseland Ave$805
Middlebury St, Spruce Ln, Ptarmigan Ct, Cortland Dr, Leonard Ave, Hall Ave, Donegal Ln, St Clair Ave, W Dinehart Ave, Lusher Ave$815
10th St, Noble St, Arcade Ave, Surrey Ln, Kirkwood Ct, Saint Patricks Dr, Hoover Rd, Hiawatha Dr, Socorro St, Susan St$810
Christiana Ln, Peach St, 45th St, N Highland Ave, Vista Ln, Deer Crossing Trl, Meadow Bank Ln, Connecticut Ave, Bishop Ct, Washington Sq$821
Himebaugh Ave, Londonderry Ct, Penwell Ave, Moyer Ln, Pine St, Oak Ln, Holiday View Dr, Tall Oaks Dr, Rue St, Gerald St$797
Leer Ct, Bel Ridge Dr, Cul de Sac, Briarton Dr, W Cleveland Ave, Brookside Dr, Dotson St, Sweetspire Trl, Winchester Ct, Oriole St$819
Minuteman Way, Locust Dr, Lillian St, Merle St, Primrose Ave, Marine Ave, Hill Dr, Sanders Ave, Midtown Ct, Marina Dr$817

Insurance rates are influenced by a number of factors including:

  • Year Built: 2,970 Homes (12% of total homes ) built between 1970 to 1979 in Elkhart are paying home insurance between $1,290-$1,302. Places close to Elkhart, IN such as Osolo, Concord, Cleveland are more expensive by $36, $22, $34 respectively while Ontwa(MI) and Edwardsburg(MI) are cheaper by $50 and $121 respectively for similar homes.
  • Bedrooms: 7,867 3 bedrooms homes (34% of total homes ) in Elkhart are paying about $907. Areas near to Elkhart such as Osolo, Concord, Cleveland are costlier by $25, $15, $24 respectively whereas Ontwa(MI) and Edwardsburg(MI) are more economical by $5, $57 respectively for similar homes.
  • Auto Insurance Bundling: 4,407 Households (42% of all households) in Elkhart have 2 vehicles available and when it is bundled with home insurance you can save $159. Discounts for similar bundling in close by locations such as Osolo, Concord, Cleveland come to $163, $161, $163 respectively.
  • Senior Discounts: 4,330 seniors (more than 55 years) occupied housing units (42% of total) in Elkhart get discounts between $119 to $121 in contrast with Osolo ($122), Concord ($121), Simonton Lake ($125).
  • New Homes discounts: New homes such as the 7,320 homes built between 2000 to 2009 in Elkhart can save $159 and similar new home insurance discounts in nearby towns and cities like Osolo, Concord and Cleveland are $163, $161 and $163 respectively.

Elkhart Homeowners insurance Facts

  • Elkhart, IN has 10,259 owner occupied houses which is 53.1% of all units whereas Osolo, Concord and Cleveland have 68.69%, 60.49% and 84.58% respectively.
  • Elkhart, IN homeowners yearly insurance price at $796 is 0.9% of the typical house value of $88,000 which is in contrast with 0.67% in Osolo, 0.76% at Concord & 0.69% in Cleveland.
  • Homeowners in Elkhart, IN pay 3.54% of their income ($20,000 to $24,999) in insurance whereas homeowners in Osolo, Concord and Cleveland pay 3.64%, 3.6% and 3.63% respectively.
  • Elkhart, IN’s insurance is 7.0% of monthly housing costs of $942/month, for owners with a mortgage compared to 6.15% in Osolo, 6.76% at Concord & 6.73% in Cleveland. But, for households without a mortgage, insurance is 17.8% of costs ($372 in Elkhart, IN) in contrast with 17.57% in Osolo, 20.37% at Concord & 17.55% in Cleveland.

Elkhart, IN Home Values & Insurance rates

For example, insurance for 185 Homes (1.0% of total homes ) valued between $175,000 to $199,999 in Elkhart, IN is about $1,695. Rates in nearby areas in such as Osolo, Concord, Cleveland are cheaper by $444, $280, $413 respectively while Roseland and Cassopolis are costlier by $97 and $95 respectively for similar homes.

Elkhart, IN Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 1,624 16.0% $222
$50,000 to $59,999 658 6.0% $469
$60,000 to $69,999 705 7.0% $581
$70,000 to $79,999 1,149 11.0% $676
$80,000 to $89,999 1,235 12.0% $764
$90,000 to $99,999 871 8.0% $851
$100,000 to $124,999 1,566 15.0% $995
$125,000 to $149,999 951 9.0% $1241
$150,000 to $174,999 614 6.0% $1464
$175,000 to $199,999 185 1.0% $1695
$200,000 to $249,999 242 2.0% $2037
$250,000 to $299,999 192 1.0% $2491

Renters Insurance in Elkhart

  • Average Renters Insurance in Elkhart :  $241($20/month)

  • Median Gross Rent in Elkhart :  $673

  • Elkhart Renters Insurance to Median Rent Ratio:  2.97%

  • Renter occupied housing units in Elkhart :  9,070

Elkhart Renters Insurance as a Percentage of Rent

Elkhart Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 255 2.0% $360
$200 to $299 410 4.0% $810
$300 to $499 1,284 14.0% $1260
$500 to $749 3,870 43.0% $1935
$750 to $999 2,424 27.0% $2685
$1,000 to $1,499 527 5.0% $3810

Rent Affordability in Elkhart:

Approximately 45.0% (4,083) of households are spending more than 35% of their income on gross rent in Elkhart

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 1,155 12.0%
15.0 to 19.9 percent 1,419 15.0%
20.0 to 24.9 percent 846 9.0%
25.0 to 29.9 percent 932 10.0%
30.0 to 34.9 percent 635 7.0%
35.0 percent or more 4,083 45.0%

Elkhart Renters Insurance Discounts:

Elkhart Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Elkhart, IN Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 4,738 52.0% $24.1
2 vehicles available 1,739 19.0% $36.15
3 or more vehicles available 519 5.0% $48.2

Protective device discount in Elkhart Up to :  $36

Claims-free discount in Elkhart Up to :  $48