Hopewell Insurance Rates:

Hopewell, NJ home insurance is about $759 to $1,039, about $63-$86/month. Our in depth guide shows customers can save upto $359 by comparing different quotes

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Hopewell Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
State Farm
Home Insurance Rate of $3200/10 months for $700000-$800000 Coverage
Policy Holder Home Details :

Home Value : $740,000

4 Beds, 4 Baths 2790 sqft Seasonal Residence Constructed In 2004 with Carpet Flooring, Wood Shake Roof, Piers Foundation, Brick siding, Stucco Construction. Home Features Include Smoke Alarm, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

59 Years old Divorced Male who is Unemployed with household income of less than $25,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 650-699 Credit Score

Home Insurance Rate of $990/5 months for $700000-$800000 Coverage
Policy Holder Home Details :

Home Value : $780,000

5 Beds, 5 Baths 3700 sqft Rental Property Constructed In 1960 with Stone Flooring, Metal Roof, Chainwall Foundation, Brick siding, Metal Frame Construction. Home Features Include Fire Extinguisher, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

64 Years old Married 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 :
  • 25-50% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

Home Insurance Rate of $840/2 months for More than 10000000 Coverage
Policy Holder Home Details :

Home Value : $955,000

5 Beds, 5 Baths 4370 sqft Seasonal Residence Constructed In 1996 with Hardwood Flooring, Slate Shingles Roof, Piers Foundation, Brick siding, Metal Frame Construction. Home Features Include Swimming Pool, Copper Water Pipes, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

46 Years old Single Female who is a Freelancer with household income of more than $150,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 700-749 Credit Score

Home Insurance Rate of $480/2 months for $600000-$700000 Coverage
Policy Holder Home Details :

Home Value : $585,000

3 Beds, 3 Bath 2360 sqft Primary Residence Constructed In 2004 with Hardwood Flooring, Shingles Roof, Chainwall Foundation, Stucco siding, Brick Frame. Home Features Include Fireplace, Copper Water Pipes, Deadbolt Locks, Indoor Sprinklers, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 25-50% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

Home Insurance Rate of $330/3 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $425,000

4 Beds, 4 Baths 1620 sqft Primary Residence Constructed In 2004 with Hardwood Flooring, Tile Roof, Slab Foundation, Stone Siding, Stucco Construction. Home Features Include Fire Extinguisher, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

60 Years old Divorced Female who is a Freelancer with household income of less than $25,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

Home Insurance Rate of $3160/7 months for $900000-$1000000 Coverage
Policy Holder Home Details :

Home Value : $880,000

5 Beds, 5 Bath 3340 sqft Vacation Property Constructed In 2008 with Carpet over wood flooring, Membrane Roof, Piers Foundation, Stone Siding, Brick Frame. Home Features Include Fireplace, Smoke Alarm, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 75-100% Mortgage Paid off

  • 500-549 Credit Score

Home Insurance Rate of $920/12 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $265,000

3 Beds, 3 Bath 1240 sqft Rental Property Constructed In 1961 with Carpet over wood flooring, Wood Shake Roof, Slab Foundation, Brick siding, Brick Frame. Home Features Include Fire Extinguisher, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

59 Years old Divorced Female 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

  • 750-799 Credit Score

Home Insurance Rate of $590/7 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $310,000

3 Beds, 3 Bath 1350 sqft Primary Residence Constructed In 2014 with Hardwood Flooring, Metal Roof, Crawl Space Foundation, Stone Siding, Brick Frame. Home Features Include Central Air Conditioning, Indoor Sprinklers, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 25-50% Mortgage Paid off

  • 700-749 Credit Score

  • Guests at home

Home Insurance Rate of $1150/7 months for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $395,000

5 Beds, 5 Baths 1640 sqft Seasonal Residence Constructed In 2011 with Wood Flooring, Composition Roof, Slab Foundation, Stone Siding, Stucco Construction. Home Features Include Central Air Conditioning, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

65 Years old Single Female who is Retired 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

Hopewell Rates & Quotes Analysis:

Hopewell Area Estimated House Insurance
Foster Rd, Shara Ln, Grange Rd, Bonner Ct, Old Washington Crossing Rd, Cheyenne Dr, Stockton Rd, Roosevelt Ave, Vannoy Ave, Watkins Rd$922
Temple Ct, Pine Tavern Ct, Valley Rd, Howe Ct, Wrick Ave, Blake Dr, Timkak Ln, Rumson Ct, Grace Hill Ct, Goat Hill Rd$903
Foster Rd, Pleasant Valley Harbourton Rd, Blue Ridge Rd, Hope St, Ingleside Ave, Navesink Dr, Kentsdale Dr, Lupine Ln, Shrewsbury Ct, Oak St$951
Knox Ct, Sioux Rd, E Delaware Ave, Ingleside Ave, Madaket Ln, Morgan Ave, Penn Titusville Rd, Nedsland Ave, Denow Rd, Haver St$885
Creek Rim Dr, Washington Crossing Pennington Rd, Search Ave, Harbourton Rd, Chase Hollow Rd, Haver St, Valmore Ct, Old Scotch Rd, Pennington - Rocky Hill Rd, Brandon Rd$892

Insurance rates are influenced by a number of factors including:

  • Year Built: 895 Homes (13% of total) built between 1960 to 1969 in Hopewell are paying home insurance between $1,573-$1,586 compared to Pennington (+$34), Princeton (+$148), Upper Makefield(PA) (+$83), West Amwell (-$45) and Lawrenceville (-$97).
  • Bedrooms: 2,389 4 bedrooms homes (37% of total homes ) in Hopewell are paying about $792. Areas near to Hopewell such as Pennington, Skillman, Princeton are costlier by $16, $27, $74 respectively whereas West Amwell and Lawrenceville are more economical by $23, $41 respectively for similar homes.
  • Auto Insurance Bundling: 3,031 Households (52% of all households) in Hopewell have 2 vehicles available and when it is bundled with home insurance you can save $179. Discounts for similar bundling in close by locations such as Pennington, West Amwell, Lawrenceville come to $183, $174, $168 respectively.
  • Senior Discounts: 2,676 seniors (more than 55 years) occupied housing units (46% of total) in Hopewell get discounts between $133 to $135. The comparative concessions in proximate regions such as Pennington, West Amwell and Lawrenceville are $137, $130 and $126 respectively.
  • New Homes discounts: New homes such as the 3,226 homes built between 2000 to 2009 in Hopewell can save $179 and differs from Pennington ($183), West Amwell ($174), Lawrenceville ($168).

Hopewell Homeowners insurance Facts

  • Hopewell, NJ has 5,749 owner occupied houses which is 94.2% of all units whereas Pennington, West Amwell and Lawrenceville have 79.82%, 90.13% and 89.49% respectively.
  • Hopewell, NJ homeowners yearly insurance price at $899 is 0.19% of the typical house value of $465,300 which is in contrast with 0.17% in Pennington, 0.23% at West Amwell & 0.3% in Lawrenceville.
  • Homeowners in Hopewell, NJ pay 2.12% of their income ($40,000 to $44,999) in insurance whereas homeowners in Pennington, West Amwell and Lawrence pay 2.16%, 2.05% and 2.01% respectively.
  • Hopewell, NJ’s insurance is 2.4% of monthly housing costs of $3,171/month, for owners with a mortgage compared to 2.23% in Pennington, 2.55% at West Amwell & 3.67% in Lawrenceville. But, for households without a mortgage, insurance is 7.5% of costs ($1,001 in Hopewell, NJ) in contrast with 7.64% in Pennington, 8.29% at West Amwell & 7.02% in Lawrenceville.

Hopewell, NJ Home Values & Insurance rates

For example, insurance for 364 Homes (16.0% of total homes ) valued between $250,000 to $299,999 in Hopewell, NJ is about $530. Rates in nearby areas in such as Pennington, Princeton, Upper Makefield are cheaper by $62, $167, $152 respectively while West Amwell and Lawrenceville are costlier by $98 and $296 respectively for similar homes.

Hopewell, NJ Home By Value Total Homes % of Total Average Homeowners Insurance
$200,000 to $249,999 153 6.0% $431
$250,000 to $299,999 364 16.0% $530
$300,000 to $399,999 1,679 75.0% $674

Renters Insurance in Hopewell

  • Average Renters Insurance in Hopewell :  $46($3/month)

  • Median Gross Rent in Hopewell :  $1,687

  • Hopewell Renters Insurance to Median Rent Ratio:  0.18%

  • Average household size of renter-occupied unit :  1.76

Hopewell Renters Insurance as a Percentage of Rent

Hopewell Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$750 to $999 106 32.0% $2636
$1,000 to $1,499 27 8.0% $3761
$1,500 or more 189 58.0% $5411

Protective device discount in Hopewell Up to :  $6

Claims-free discount in Hopewell Up to :  $9