Hagerstown Insurance Rates:

Hagerstown, MD home insurance is approximately $573 to $776, about $47-$64/month. Our comprehensive analysis reveals consumers can save as much as $270 by getting multiple quotes

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Hagerstown Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Liberty Mutual
Home Insurance Rate of $160/4 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $110,000

2 Beds, 2 Bath 940 sqft Vacation Property Constructed In 1980 with Carpet Flooring, Tile Roof, Crawl Space Foundation, Stucco siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

59 Years old Single Female who is a Freelancer with household income of $75-$100,000 and has No Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

  • Guests at home

Home Insurance Rate of $70/1 month for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $155,000

3 Beds, 3 Bath 1780 sqft Seasonal Residence Constructed In 1940 with Ceramic Tile Flooring, Slate Shingles Roof, Piers Foundation, Brick siding, Wood Frame. Home Features Include Copper Water Pipes, Deadbolt Locks, Swimming Pool, Smoke Alarm, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

31 Years old Married 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

  • 800-850 Credit Score

  • Seniors staying at home

Home Insurance Rate of $480/6 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $190,000

2 Beds, 2 Bath 1660 sqft Rental Property Constructed In 2012 with Stone Flooring, Slate Shingles Roof, Crawl Space Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Indoor Sprinklers, Swimming Pool, Deadbolt Locks, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

65 Years old Married Male who is Retired and has 1 Pet 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 $380/4 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $245,000

3 Beds, 3 Bath 2210 sqft Primary Residence Constructed In 2011 with Ceramic Tile Flooring, Metal Roof, Crawl Space Foundation, Stone Siding, Wood Frame. Home Features Include Fire Extinguisher, Fireplace, Smoke Alarm, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 75-100% Mortgage Paid off

  • 800-850 Credit Score

  • Guests at home

Home Insurance Rate of $290/6 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $190,000

2 Beds, 2 Bath 1720 sqft Vacation Property Constructed In 1945 with Carpet over wood flooring, Slate Shingles Roof, Crawl Space Foundation, Brick siding, Metal Frame Construction. Home Features Include Smoke Alarm, Swimming Pool, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

69 Years old Married Female who has a Full Time Job with household income of $75-$100,000 and has 3 Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $140/4 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $130,000

2 Beds, 2 Bath 1260 sqft Vacation Property Constructed In 1969 with Ceramic Tile Flooring, Composition Roof, Chainwall Foundation, Stucco siding, Brick Frame. Home Features Include Swimming Pool, Circuit Breaker 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 More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 500-549 Credit Score

Home Insurance Rate of $150/3 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $145,000

3 Beds, 3 Bath 1600 sqft Rental Property Constructed In 1951 with Hardwood Flooring, Asphalt Shingles Roof, Piers Foundation, Wood siding, Wood Frame. Home Features Include Fireplace, Central Air Conditioning, Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

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

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

  • Up to 499 Credit Score

  • Guests at home

Home Insurance Rate of $650/12 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $200,000

4 Beds, 4 Bath 2420 sqft Primary Residence Constructed In 1991 with Stone Flooring, Slate Shingles Roof, Chainwall Foundation, Brick siding, Wood Frame. Home Features Include Swimming Pool, Indoor Sprinklers, Central Air Conditioning, Smoke Alarm, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

47 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 :
  • 25-50% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

Home Insurance Rate of $440/12 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $105,000

2 Beds, 2 Bath 1170 sqft Rental Property Constructed In 1951 with Ceramic Tile Flooring, Shingles Roof, Piers Foundation, Brick siding, Wood Frame. Home Features Include Central Air Conditioning, Smoke Alarm, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

67 Years old Married Female who is a Freelancer with household income of $25-50,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 600-649 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $80/2 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $140,000

2 Beds, 2 Bath 1630 sqft Rental Property Constructed In 1945 with Stone Flooring, Tile Roof, Chainwall Foundation, Stucco siding, Brick Frame. Home Features Include Central Air Conditioning, Indoor Sprinklers, Fire Extinguisher, Copper Water Pipes, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

66 Years old Married Male who is Unemployed and has 3 Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

Home Insurance Rate of $40/1 month for $75,000-$100,000 Coverage
Policy Holder Home Details :

Home Value : $95,000

2 Beds, 2 Bath 1012 sqft Primary Residence Constructed In 1973 with Hardwood Flooring, Shingles Roof, Piers Foundation, Wood siding, Stucco Construction. Home Features Include Fire Extinguisher, Indoor Sprinklers, Central Air Conditioning, Fireplace, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

61 Years old Single Female who has a Full Time Job with household income of $75-$100,000 and has No Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

Hagerstown, MD Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
21742 $245,600 $710
21740 $179,900 $680

Hagerstown Rates & Quotes Analysis:

Hagerstown Area Estimated House Insurance
Jackson Ave, Rhododendron Dr, W Oak Ridge Rd Exd, Charlton Ct, Sumans Ave, Redwood Cir, Rambling Pines Pl, Bradford Dr, Resh Rd, Breccia Way$683
Wolf Ln, Cushwas Aly, Lakeview Dr, Longfellow Ct, Red Oak Dr, East Ave, Westport Dr, Beard Spr, Blake Rd, Kenwood Dr$689
Railway Ln, N Mulberry St, N Walnut St, Kialani Dr, Kuhn Ave, Sheridan Ave, Mahogany Cir, Fairchild Ave, Fawnbridge Dr, Buttercup Dr$700
N Prospect St, Pulaski Dr, Mill St, Olivine Ct, Flaherty Ln, Market Pl, Mimosa Ct, Crest View Rd, Green Valley Dr, Cottonwood Dr$667
Independence Rd, Cherry Tree Cir, Spruce St, W Cemetery St, View St, Capstone Dr, Knotty Pine Dr, Brinker, Rock Maple Dr, Village Pl$706
Pheasant Trl, E Baltimore St, Doub Way, Woodlawn Dr, Northaven St, Kellys Ln, Queen Annes Ct, Steven Ave, Pauline St, Gentry Dr$701
Pikeside Dr, Hays Aly, Walnut Ln, Sherman Ave, Memorial Blvd E, Summit Ave, Cedarfield Rd, Mitchell Ave, Foxleigh Ct, Guilford Ave$664
Lava Ct, Woodvale Ct, Pickwick Ln, Dam Number 5 Rd, Garnette Ave, W Antietam St, Longview Dr, W Chestnut St, E Irvin Ave, Postrider Ct$688
Memorial Blvd E, Edgewood Hill Cir, Sapphire Dr, Rabbit Ct, Leon Grimm Dr, Oxford Cir, Hager St, Dartmouth Rd, Meadow View Dr, Summit Ave$676
Sparrow Ln, Berger Ave, Dundee Ct, Linden Ave, Cortland Dr, Weaver Ave, Professional Ct, Adams Ave, State Hwy 57, W Wilson Blvd$687

Insurance rates are influenced by a number of factors including:

  • Year Built: 1,917 Homes (10% of total homes ) built between 1940 to 1949 in Hagerstown are paying home insurance between $1,355-$1,365. Places close to Hagerstown, MD such as Halfway, Robinwood, Fountainhead-Orchard Hills are more expensive by $12, $69, $58 respectively while Chewsville and Mercersville are cheaper by $17 and $23 respectively for similar homes.
  • Bedrooms: 3,294 1 bedroom homes (18% of total homes ) in Hagerstown are paying about $291. Areas near to Hagerstown such as Paramount-Long Meadow, Fountainhead-Orchard Hills, Maugansville are costlier by $14, $12, $3 respectively whereas Chewsville and Kemps Mill are more economical by $4, $6 respectively for similar homes.
  • Auto Insurance Bundling: 1,307 Households (18% of all households) in Hagerstown have 3 or more vehicles available and when it is bundled with home insurance you can save $168 in contrast with Funkstown ($169), Halfway ($170), Paramount-Long Meadow ($177).
  • Senior Discounts: 3,277 seniors (more than 55 years) occupied housing units (47% of total) in Hagerstown get discounts between $100 to $103. The comparative concessions in proximate regions such as Funkstown, Halfway and Paramount-Long Meadow are $101, $102 and $106 respectively.
  • New Homes discounts: New homes such as the 6,342 homes built between 2000 to 2009 in Hagerstown can save $135 compared to Funkstown ($135), Halfway ($136), Paramount-Long Meadow ($141).

Hagerstown Homeowners insurance Facts

  • Hagerstown, MD has 6,924 owner occupied houses which is 42.2% of all units whereas Funkstown, Halfway and Paramount-Long Meadow have 51.19%, 73.34% and 76.23% respectively.
  • Hagerstown, MD homeowners yearly insurance price at $675 is 0.41% of the typical house value of $166,100 which is in contrast with 0.39% in Funkstown, 0.36% at Halfway & 0.24% in Paramount-Long Meadow.
  • Homeowners in Hagerstown, MD pay 1.23% of their income ($50,000 to $59,999) in insurance whereas homeowners in Funkstown, Halfway and Paramount-Long Meadow pay 1.23%, 1.24% and 1.29% respectively.
  • Hagerstown, MD’s insurance is 3.8% of monthly housing costs of $1,463/month, for owners with a mortgage compared to 3.6% in Funkstown, 3.87% at Halfway & 3.25% in Paramount-Long Meadow. But, for households without a mortgage, insurance is 12.7% of costs ($443 in Hagerstown, MD) in contrast with 14.81% in Funkstown, 13.85% at Halfway & 10.39% in Paramount-Long Meadow.

Hagerstown, MD Home Values & Insurance rates

For example, insurance for 93 Homes (1.0% of total homes ) valued between $50,000 to $59,999 in Hagerstown, MD is about $209. Rates in nearby areas in such as Funkstown, Robinwood, Fountainhead-Orchard Hills are cheaper by $6, $82, $76 respectively while State Line and Clear Spring are costlier by $29 and $50 respectively for similar homes.

Hagerstown, MD Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 175 2.0% $101
$50,000 to $59,999 93 1.0% $209
$70,000 to $79,999 248 3.0% $303
$80,000 to $89,999 360 5.0% $344
$90,000 to $99,999 261 3.0% $384
$100,000 to $124,999 729 10.0% $445
$125,000 to $149,999 827 12.0% $553
$150,000 to $174,999 1,101 16.0% $654
$175,000 to $199,999 844 12.0% $756
$200,000 to $249,999 960 14.0% $911
$250,000 to $299,999 637 9.0% $1113
$300,000 to $399,999 394 5.0% $1417

Renters Insurance in Hagerstown

  • Average Renters Insurance in Hagerstown :  $190($15/month)

  • Median Gross Rent in Hagerstown :  $790

  • Hagerstown Renters Insurance to Median Rent Ratio:  1.9%

  • Renter occupied housing units in Hagerstown :  9,475

Hagerstown Renters Insurance as a Percentage of Rent

Hagerstown Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 204 2.0% $347
$200 to $299 514 5.0% $797
$300 to $499 973 10.0% $1247
$500 to $749 2,505 26.0% $1922
$750 to $999 2,679 28.0% $2672
$1,000 to $1,499 1,960 21.0% $3797
$1,500 or more 452 4.0% $5447

Rent Affordability in Hagerstown:

Approximately 45.0% (4,350) of households are spending more than 35% of their income on gross rent in Hagerstown

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 970 10.0%
15.0 to 19.9 percent 863 9.0%
20.0 to 24.9 percent 1,158 12.0%
25.0 to 29.9 percent 1,266 13.0%
30.0 to 34.9 percent 868 9.0%
35.0 percent or more 4,350 45.0%

Protective device discount in Hagerstown Up to :  $28

Claims-free discount in Hagerstown Up to :  $38