Malone Insurance Rates:

Malone, NY home insurance is roughly $497 to $674, about $41-$56/month. Our exhaustive research reveals consumers can save upto $234 by comparing different quotes

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Malone, New York Homeowners Insurance Reviews separate truth from fantasy. Compare realistic quotes from the most best home insurance providers.

Malone Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Liberty Mutual
Home Insurance Rate of $260/1 month for $350000-$400000 Coverage
Policy Holder Home Details :

Home Value : $350,000

5 Beds, 5 Baths 4640 sqft Vacation Property Constructed In 1980 with Carpet over wood flooring, Composition Roof, Crawl Space Foundation, Brick siding, Wood Frame. Home Features Include Fire Extinguisher, Swimming Pool, Fireplace, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

53 Years old Divorced 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 :
  • 75-100% Mortgage Paid off

  • 500-549 Credit Score

Home Insurance Rate of $510/7 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $80,000

2 Beds, 2 Bath 1240 sqft Vacation Property Constructed In 1984 with Ceramic Tile Flooring, Wood Shake Roof, Slab Foundation, Brick siding, Stucco Construction. Home Features Include Indoor Sprinklers, Copper Water Pipes, Fireplace, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 75-100% Mortgage Paid off

  • 650-699 Credit Score

  • Seniors staying at home

Home Insurance Rate of $260/2 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $130,000

4 Beds, 4 Bath 1840 sqft Rental Property Constructed In 1942 with Hardwood Flooring, Asphalt Shingles Roof, Slab Foundation, Wood siding, Metal Frame Construction. Home Features Include Central Air Conditioning, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

48 Years old Single Female who is Unemployed 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 $870/7 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $135,000

4 Beds, 4 Baths 2370 sqft Primary Residence Constructed In 1941 with Carpet Flooring, Shingles Roof, Slab Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Fire Extinguisher, Copper Water Pipes, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

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

Additional Details :
  • 50-75% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

Home Insurance Rate of $590/12 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $95,000

3 Beds, 3 Baths 1590 sqft Rental Property Constructed In 1983 with Linoleum, Metal Roof, Chainwall Foundation, Stucco siding, Stucco Construction. Home Features Include Copper Water Pipes, Deadbolt Locks, Smoke Alarm, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

28 Years old Single Male who is a Freelancer with household income of $100-$150,000 and has No Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 550-599 Credit Score

  • Guests at home

Home Insurance Rate of $540/12 months for $50000-$75000 Coverage
Policy Holder Home Details :

Home Value : $70,000

2 Beds, 2 Bath 970 sqft Rental Property Constructed In 1996 with Linoleum, Metal Roof, Crawl Space Foundation, Fiber-Cement Siding, Metal Frame Construction. Home Features Include Fireplace, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

46 Years old Married Male who has a Full Time Job with household income of $50-$75,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $980/8 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $135,000

3 Beds, 3 Bath 1740 sqft Rental Property Constructed In 1998 with Carpet over wood flooring, Tile Roof, Slab Foundation, Stone Siding, Wood Frame. Home Features Include Fire Extinguisher, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

35 Years old Divorced Female who has a Full Time Job with household income of $50-$75,000 and has 1 Pet and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

Home Insurance Rate of $170/2 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $145,000

5 Beds, 5 Baths 1890 sqft Seasonal Residence Constructed In 1999 with Carpet Flooring, Tile Roof, Piers Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Deadbolt Locks, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

27 Years old Single Female who is a Freelancer with household income of $75-$100,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 700-749 Credit Score

Home Insurance Rate of $460/4 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $130,000

3 Beds, 3 Baths 1930 sqft Rental Property Constructed In 1942 with Stone Flooring, Wood Shake Roof, Piers Foundation, Brick siding, Metal Frame Construction. Home Features Include Fire Extinguisher, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

44 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 :
  • 0-25% through paying our mortgage

  • 650-699 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $1360/10 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $150,000

4 Beds, 4 Baths 2060 sqft Rental Property Constructed In 1998 with Ceramic Tile Flooring, Wood Shake Roof, Chainwall Foundation, Stone Siding, Brick Frame. Home Features Include Deadbolt Locks, Indoor Sprinklers, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

49 Years old Married Male who has a Part Time Job with household income of less than $25,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

  • Guests at home

Malone, NY Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
12953 $90,400 $590

Malone Rates & Quotes Analysis:

Malone Area Estimated House Insurance
Learned Rd, Wheeler Rd, Co Hwy 25, Beman St, Helms Rd, Cosgrove Rd, Miner Rd, William St, Biglow St, Pierepont Ave$584
Johnson Rd, Brand Rd, Leonard Rd, Fitzpatrick Rd, Moody Rd, Milwaukee St, E Side Road 3, Andrus St, Valley Rd, Burke City Rd$583
Houndville Rd, Grove St, Short Ave, Stevens St, White Rd, Hallam Cir, Porter Ave, Harrison Pl, Adler Rd, E Main St$585
Indian Trails Dr, Co Hwy 24, Old Pond Hwy, Seaver St, Porter Rd, Church Pl, 1st St, Maude Fitzpatrick Rd, Morton St, Burke Rd$586
Rennie St, Cherry St, Reservoir St, Cady Rd, Smallman Dr, Owls Rest Dr, W Main St, Child Rd, Harrison Pl, Edward St$583

Insurance rates are influenced by a number of factors including:

  • Year Built: 2,124 Homes (47% of total homes ) built between 1939 or earlier in Malone are paying home insurance between $1,253-$1,261. Places close to Malone, NY such as Duane, Santa Clara, Saranac are more expensive by $37, $83, $10 respectively while Brandon and Westville are cheaper by $13 and $11 respectively for similar homes.
  • Bedrooms: 1,083 2 bedrooms homes (24% of total homes ) in Malone are paying about $211 and varies from Brandon (+$4), Bangor (+$5), Bellmont (+$6).
  • Auto Insurance Bundling: 611 Households (23% of all households) in Malone have 3 or more vehicles available and when it is bundled with home insurance you can save $146. Discounts for similar bundling in close by locations such as Brandon, Bangor, Bellmont come to $145, $145, $146 respectively.
  • Senior Discounts: 1,432 seniors (more than 55 years) occupied housing units (54% of total) in Malone get discounts between $87 to $90. The comparative concessions in proximate regions such as Brandon, Burke and Duane are $87, $88 and $90 respectively.
  • New Homes discounts: New homes such as the 786 homes built between 2000 to 2009 in Malone can save $117 and similar new home insurance discounts in nearby towns and cities like Brandon, Bangor and Bellmont are $116, $116 and $117 respectively.

Malone Homeowners insurance Facts

  • Malone, NY has 2,635 owner occupied houses which is 63.8% of all units whereas Brandon, Bangor and Bellmont have 92.47%, 83.62% and 86.12% respectively.
  • Malone, NY homeowners yearly insurance price at $585 is 0.63% of the typical house value of $92,500 which is in contrast with 0.93% in Brandon, 0.74% at Bangor & 0.65% in Bellmont.
  • Homeowners in Malone, NY pay 1.02% of their income ($45,000 to $49,999) in insurance whereas homeowners in Brandon, Bangor and Bellmont pay 1.01%, 1.01% and 1.02% respectively.
  • Malone, NY’s insurance is 4.2% of monthly housing costs of $1,175/month, for owners with a mortgage compared to 4.88% in Brandon, 5.08% at Bangor & 4.41% in Bellmont. But, for households without a mortgage, insurance is 10.4% of costs ($469 in Malone, NY) in contrast with 13.43% in Brandon, 11.17% at Bangor & 10.93% in Bellmont.

Malone, NY Home Values & Insurance rates

For example, insurance for 93 Homes (3.0% of total homes ) valued between $125,000 to $149,999 in Malone, NY is about $865. Rates in nearby areas in such as Burke, Franklin County, Santa Clara are cheaper by $107, $28, $572 respectively while Bangor and Bellmont are costlier by $143 and $30 respectively for similar homes.

Malone, NY Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 393 16.0% $157
$50,000 to $59,999 137 5.0% $327
$60,000 to $69,999 233 9.0% $409
$70,000 to $79,999 309 12.0% $473
$80,000 to $89,999 187 7.0% $532
$90,000 to $99,999 237 9.0% $596
$100,000 to $124,999 283 11.0% $690
$125,000 to $149,999 93 3.0% $865
$150,000 to $174,999 227 9.0% $1023
$175,000 to $199,999 94 3.0% $1181
$200,000 to $249,999 91 3.0% $1421
$250,000 to $299,999 45 1.0% $1737
$300,000 to $399,999 106 4.0% $2211

Renters Insurance in Malone

  • Average Renters Insurance in Malone :  $203($16/month)

  • Median Gross Rent in Malone :  $695

  • Malone Renters Insurance to Median Rent Ratio:  2.3%

  • Renter occupied housing units in Malone :  1,495

Malone Renters Insurance as a Percentage of Rent

Malone Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 27 1.0% $350
$200 to $299 72 5.0% $800
$300 to $499 143 10.0% $1250
$500 to $749 566 41.0% $1925
$750 to $999 354 25.0% $2675
$1,000 to $1,499 162 11.0% $3800
$1,500 or more 42 3.0% $5450

Rent Affordability in Malone:

Approximately 50.0% (748) of households are spending more than 35% of their income on gross rent in Malone

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 245 16.0%
15.0 to 19.9 percent 141 9.0%
20.0 to 24.9 percent 138 9.0%
25.0 to 29.9 percent 141 9.0%
30.0 to 34.9 percent 82 5.0%
35.0 percent or more 748 50.0%

Malone Renters Insurance Discounts:

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

Number of Vehicles in Malone, NY Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 724 48.0% $20.3
2 vehicles available 250 16.0% $30.45
3 or more vehicles available 62 4.0% $40.6

Protective device discount in Malone Up to :  $30

Claims-free discount in Malone Up to :  $40