South Bend Insurance Rates:

South Bend, IN home insurance is approximately $675 to $915, about $56-$76/month. Our all inclusive research reveals consumers can save upto $318 by getting multiple quotes

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South Bend Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Allstate
Home Insurance Rate of $420/12 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $100,000

4 Beds, 4 Baths 1970 sqft Vacation Property Constructed In 1961 with Carpet over wood flooring, Composition Roof, Piers Foundation, Brick siding, Stucco Construction. Home Features Include Central Air Conditioning, Swimming Pool, Fireplace, Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

52 Years old Married Male who is a Freelancer with household income of less than $25,000 and has 1 Pet and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 750-799 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $230/9 months for $50000-$75000 Coverage
Policy Holder Home Details :

Home Value : $60,000

2 Beds, 2 Bath 1010 sqft Primary Residence Constructed In 1956 with Linoleum, Asphalt Shingles Roof, Chainwall Foundation, Stone Siding, Metal Frame Construction. Home Features Include Fire Extinguisher, Fireplace, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

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

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

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $270/7 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $110,000

2 Beds, 2 Bath 1470 sqft Rental Property Constructed In 1962 with Carpet Flooring, Membrane Roof, Crawl Space Foundation, Stone Siding, Brick Frame. Home Features Include Swimming Pool, Central Air Conditioning, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

65 Years old Single Male who is Unemployed and has No Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

South Bend, IN Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
46615 $86,300 $810
46601 $85,900 $810
46619 $83,700 $800
46616 $76,800 $800
46613 $56,900 $780
46637 $127,500 $830
46614 $125,200 $830
46635 $122,700 $820
46617 $117,600 $830
46628 $105,600 $810

South Bend Rates & Quotes Analysis:

South Bend Area Estimated House Insurance
E Woodside St, Saint Joseph St, Deerskin Trl, Lamar St, Rose Quartz Ln, Clearwater Ln, Burning Ridge Trl, Maplehurst St, Swallow Ct, S Esther St$833
Swanson Cir, S Warren St, Rockne Dr, Duey St, Claffey St, Richard Ave, Eagle Point Dr, S Jacktown Dr, N Sunnyside Ave, S High St$814
S Falcon St, Woodward Ct, Shellbark Ave, Dennis Dr, Scenic Dr, Oakwood Blvd, Boulder Bay Dr, Wren Ln, Pimm Ln, Christian$835
Bentley Ln, Fenton Ln, N Sommers St, Paris St, Duncan Dr, Lucille Ave, Olive Rd, Sunset Marble Dr, Westwood Hills Dr, Rose St$839
Marshall Dr S, E Bronson St, Smith St, Rose Rd, Bonfield Pl, Ritschard Ave, Emerson Forest Pkwy, Woodsong Dr, King St, New Energy Dr$830
Woodsong Ct, S Tyler Dr, Noble Ridge Dr, Moonbeam Ct, Fairview Ave, Running Creek Dr, India Ct, Silver Ln, Tyris St, N Fairfax Ct$838
Rupel St, Redtail Ct, Eugene St, Park Ln, York Rd, Burr Oak Dr, Cushing St, Placid Dr, Lancer Dr, Elmer Ave$804
Clubhouse Ct, E Donald St, Fairmont Ave, W Calvert St, St James Ct, Larne Dr, Dundee St, S 35th St, Anderson Ave, Weist Ln$828
Dunrobbin Ln, Peachstone Dr, Fernwood Ct, Glenn Oak Dr, Wildflower St, Riviera Blvd, Nottingham Ct, Early Rd, Rosewood Rd, Kingston Ct$836
Roosevelt St, Brora Dr, S 28th St, Grant Rd, E Rockne Dr, Main Ave, E Fairington Cir, S Tuxedo Dr, Rolling Hills Dr, Macarthur Ave$840

Insurance rates are influenced by a number of factors including:

  • Year Built: 10,301 Homes (21% of total) built between 1950 to 1959 in South Bend are paying home insurance between $1,495-$1,507 and differs from Indian Village (+$60), German (+$70), St. Joseph County (+$36), Milton(MI) (-$45) and Bertrand(MI) (-$28).
  • Bedrooms: 5,950 4 bedrooms homes (12% of total homes ) in South Bend are paying about $1,176 in contrast with Indian Village (+$47), German (+$55), St. Joseph County (+$30), Portage (-$6) and Roseland (-$3).
  • Auto Insurance Bundling: 9,608 Households (40% of all households) in South Bend 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 Portage, Roseland, Indian Village come to $158, $158, $165 respectively.
  • Senior Discounts: 11,911 seniors (more than 55 years) occupied housing units (49% of total) in South Bend get discounts between $119 to $121 in contrast with Portage ($118), Indian Village ($124), St. Joseph County ($122).
  • New Homes discounts: New homes such as the 15,465 homes built between 2000 to 2009 in South Bend can save $159 and similar new home insurance discounts in nearby towns and cities like Portage, Roseland and Indian Village are $158, $158 and $165 respectively.

South Bend Homeowners insurance Facts

  • South Bend, IN has 23,906 owner occupied houses which is 60.3% of all units whereas Portage, Notre Dame and Roseland have 63.34%, 0.0% and 78.68% respectively.
  • South Bend, IN homeowners yearly insurance price at $795 is 0.92% of the typical house value of $86,400 which is in contrast with 0.98% in Portage, 0.96% at Roseland & 0.61% in Indian Village.
  • Homeowners in South Bend, IN pay 15.9% of their income (Less than $10,000) in insurance whereas homeowners in Portage, Notre Dame and Roseland pay 15.82%, 14.76% and 15.86% respectively.
  • South Bend, IN’s insurance is 7.1% of monthly housing costs of $933/month, for owners with a mortgage compared to 7.43% in Portage, 7.7% at Roseland & 5.38% in Indian Village. But, for households without a mortgage, insurance is 19.7% of costs ($336 in South Bend, IN) in contrast with 20.99% in Portage, 19.38% at Roseland & 23.93% in Indian Village.

South Bend, IN Home Values & Insurance rates

For example, insurance for 2,582 Homes (10.0% of total homes ) valued between $80,000 to $89,999 in South Bend, IN is about $779. Rates in nearby areas in such as Indian Village, German, St. Joseph County are cheaper by $267, $289, $193 respectively while Portage and Roseland are costlier by $51 and $29 respectively for similar homes.

South Bend, IN Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 3,928 16.0% $222
$50,000 to $59,999 1,972 8.0% $477
$60,000 to $69,999 2,215 9.0% $596
$70,000 to $79,999 2,185 9.0% $683
$80,000 to $89,999 2,582 10.0% $779
$90,000 to $99,999 2,106 8.0% $866
$100,000 to $124,999 3,100 13.0% $1009
$125,000 to $149,999 2,117 8.0% $1264
$150,000 to $174,999 1,548 6.0% $1494
$175,000 to $199,999 698 2.0% $1725
$200,000 to $249,999 514 2.0% $2067
$250,000 to $299,999 327 1.0% $2528
$300,000 to $399,999 238 1.0% $3219

Renters Insurance in South Bend

  • Average Renters Insurance in South Bend :  $243($20/month)

  • Median Gross Rent in South Bend :  $702

  • South Bend Renters Insurance to Median Rent Ratio:  2.85%

  • Renter occupied housing units in South Bend :  15,727

South Bend Renters Insurance as a Percentage of Rent

South Bend Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 439 2.0% $360
$200 to $299 667 4.0% $810
$300 to $499 1,942 13.0% $1260
$500 to $749 5,418 36.0% $1935
$750 to $999 4,336 29.0% $2685
$1,000 to $1,499 1,705 11.0% $3810
$1,500 or more 423 2.0% $5460

Rent Affordability in South Bend:

Approximately 51.0% (8,067) of households are spending more than 35% of their income on gross rent in South Bend

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 1,191 7.0%
15.0 to 19.9 percent 1,552 9.0%
20.0 to 24.9 percent 1,562 9.0%
25.0 to 29.9 percent 2,038 12.0%
30.0 to 34.9 percent 1,317 8.0%
35.0 percent or more 8,067 51.0%

South Bend Renters Insurance Discounts:

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

Number of Vehicles in South Bend, IN Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 8,319 52.0% $24.3
2 vehicles available 3,249 20.0% $36.45
3 or more vehicles available 646 4.0% $48.6

South Bend Senior Citizen Discounts:

Age Senior Occupied Housing Units % of Total Discount offered
55 to 59 years 1,021 6.0% $70
60 to 64 years 921 5.0% $56
65 to 74 years 750 4.0% $45
75 years and over 1,105 7.0% $35

Protective device discount in South Bend Up to :  $36

Claims-free discount in South Bend Up to :  $48

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