Syracuse Insurance Rates:

Syracuse, NY home insurance is roughly $497 to $672, about $41-$56/month. Our exhaustive guide indicates shoppers can save as much as $233 by comparing multiple quotes

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Syracuse Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
Erie Insurance
Home Insurance Rate of $470/5 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $180,000

4 Beds, 4 Baths 2510 sqft Rental Property Constructed In 1963 with Ceramic Tile Flooring, Wood Shake Roof, Chainwall Foundation, Wood siding, Brick Frame. Home Features Include Smoke Alarm, Copper Water Pipes, Fireplace, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

30 Years old Married Male who has a Full Time Job with household income of $75-$100,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $760/4 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $210,000

5 Beds, 5 Baths 3770 sqft Vacation Property Constructed In 1952 with Carpet over wood flooring, Tile Roof, Piers Foundation, Stucco siding, Brick Frame. Home Features Include Indoor Sprinklers, Smoke Alarm, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

61 Years old Single Female who is a Freelancer with household income of less than $25,000 and has No Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • Up to 499 Credit Score

  • Seniors staying at home

Home Insurance Rate of $640/7 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $150,000

4 Beds, 4 Bath 2930 sqft Seasonal Residence Constructed In 1969 with Wood Flooring, Asphalt Shingles Roof, Chainwall Foundation, Fiber-Cement Siding, Stucco Construction. Home Features Include Copper Water Pipes, Deadbolt Locks, Fire Extinguisher, Fireplace, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

36 Years old Single Female who is Unemployed and has No Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • Up to 499 Credit Score

Home Insurance Rate of $290/3 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $170,000

3 Beds, 3 Baths 2350 sqft Seasonal Residence Constructed In 1963 with Hardwood Flooring, Wood Shake Roof, Slab Foundation, Vinyl siding, Brick Frame. Home Features Include Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

26 Years old Divorced Female 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

  • 500-549 Credit Score

  • Guests at home

Home Insurance Rate of $870/10 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $110,000

3 Beds, 3 Bath 2190 sqft Rental Property Constructed In 1951 with Ceramic Tile Flooring, Asphalt Shingles Roof, Crawl Space Foundation, Wood siding, Wood Frame. Home Features Include Copper Water Pipes, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

29 Years old Divorced Male who has a Part Time Job with household income of less than $25,000 and has 3 Pets and is a Non-Smoker

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

  • 550-599 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $1110/7 months for $125,000-$150,000 Coverage
Policy Holder Home Details :

Home Value : $105,000

3 Beds, 3 Baths 1065 sqft Primary Residence Constructed In 1937 with Wood Flooring, Asphalt Shingles Roof, Piers Foundation, Stucco siding, Metal Frame Construction. Home Features Include Indoor Sprinklers, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

66 Years old Divorced Female who is Unemployed and has More than 3 Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 800-850 Credit Score

Syracuse, NY Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
13206 $85,300 $590
13207 $82,800 $590
13208 $82,000 $590
13205 $76,000 $590
13204 $68,500 $580
13202 $63,600 $580
13224 $143,600 $600
13219 $126,000 $590
13210 $119,700 $590
13203 $100,600 $590

Syracuse Rates & Quotes Analysis:

Syracuse Area Estimated House Insurance
Helen St, Crysler St, Clarendon St, Annetta St, Merritt Ave, W Water St, Kramer Dr, Polk St, Isabella St, Wheaton Rd$580
W Water St, Harrison Pl, E Pleasant Ave, Ramsey Ave, Wellington Pl, Empire Ave, Presidential Plaza Apt, Lancaster Ave, Kappesser St, S Edwards Ave$None
Roycroft Rd, N Crouse Ave, Blaine St, Manilla St, Winton St, Lilac St, Dennison Ave, Edgeworth Ave, Melbourne Ave, Hillside St$579
Farmer St, Horace Dr, Edgemont Dr, W Adams St, Cayuga St, Hixson Ave, Arbor Ln, Harold St, Lillian Ave, W Castle St$628
Van Rensselaer St, Onondaga Blvd, Herbert St, Holmes St, Sedgwick St, Berger Ave, Costello Ct, Saint Marks Ave, Tully St, Barnes Ave$577
Janet Dr, Oakwood Ave, Ridgewood Dr, Intrepid Ln, W Court St, Emerson Ave, Cherry Rd, Longmeadow Dr, Glahn Ave, Hunt Ave$594
Valley View Dr, Kensington Rd, Farmer St, Chester Rd, Worden Ave, Crestview Ter, Driscoll Ave, Sand St, Westcott St, Fairview Ave$587
Shonnard St, Seeley Ave, W Castle St, Lepage Pl, Windham Rd, Westwood Rd, Craddock St, Sharon Dr, Cossitt St, Stolp Ave$598
Monroe St, Rockland Ave, Websters Lndg, Floral Pkwy, S Lowell Ave, Kirk Ave, N Midler Ave, Aberdeen Ter, Bristol Pl, Raymond Ave$None
Kane Rd, Scottholm Blvd, Turtle St, Curtis St, Stinard Ave, Merriman Ave, Candee Ave, Howard St, Boston St, Decker Ave$582

Insurance rates are influenced by a number of factors including:

  • Year Built: 7,523 Homes (11% of total homes ) built between 1940 to 1949 in Syracuse are paying home insurance between $1,171-$1,180. Places close to Syracuse, NY such as Onondaga County, Solvay, De Witt are more expensive by $21, $10, $28 respectively.
  • Bedrooms: 17,481 2 bedrooms homes (27% of total homes ) in Syracuse are paying about $211. Areas near to Syracuse such as Lyncourt, Onondaga County, Solvay are costlier by $6, $9, $7 respectively.
  • Auto Insurance Bundling: 8,682 Households (38% of all households) in Syracuse have 2 vehicles available and when it is bundled with home insurance you can save $116 compared to Lyncourt ($117), Onondaga County ($118), Solvay ($117).
  • Senior Discounts: 11,322 seniors (more than 55 years) occupied housing units (50% of total) in Syracuse get discounts between $87 to $89. The comparative concessions in proximate regions such as Lyncourt, Onondaga County and De Witt are $87, $88 and $89 respectively.
  • New Homes discounts: New homes such as the 13,432 homes built between 2000 to 2009 in Syracuse can save $116 and varies from Lyncourt ($117), Onondaga County ($118), Solvay ($117).

Syracuse Homeowners insurance Facts

  • Syracuse, NY has 22,521 owner occupied houses which is 40.2% of all units whereas Lyncourt, Onondaga County and Solvay have 70.14%, 65.67% and 50.54% respectively.
  • Syracuse, NY homeowners yearly insurance price at $584 is 0.68% of the typical house value of $85,900 which is in contrast with 0.65% in Lyncourt, 0.45% at Onondaga County & 0.56% in Solvay.
  • Homeowners in Syracuse, NY pay 1.37% of their income ($40,000 to $44,999) in insurance whereas homeowners in Lyncourt, Onondaga County and Solvay pay 1.38%, 1.4% and 1.38% respectively.
  • Syracuse, NY’s insurance is 4.5% of monthly housing costs of $1,080/month, for owners with a mortgage compared to 4.21% in Lyncourt, 3.6% at Onondaga County & 4.18% in Solvay. But, for households without a mortgage, insurance is 10.0% of costs ($485 in Syracuse, NY) in contrast with 11.21% in Lyncourt, 9.08% at Onondaga County & 10.56% in Solvay.

Syracuse, NY Home Values & Insurance rates

For example, insurance for 2,738 Homes (12.0% of total homes ) valued between $80,000 to $89,999 in Syracuse, NY is about $572. Rates in nearby areas in such as Lyncourt, Onondaga County, Solvay are cheaper by $23, $193, $96 respectively while Mattydale and Nedrow are costlier by $17 and $69 respectively for similar homes.

Syracuse, NY Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 2,845 13.0% $169
$50,000 to $59,999 1,569 7.0% $356
$60,000 to $69,999 2,594 11.0% $438
$70,000 to $79,999 2,643 12.0% $508
$80,000 to $89,999 2,738 12.0% $572
$90,000 to $99,999 2,105 9.0% $642
$100,000 to $124,999 2,512 11.0% $747
$125,000 to $149,999 1,490 6.0% $934
$150,000 to $174,999 1,194 5.0% $1103
$175,000 to $199,999 593 2.0% $1273
$200,000 to $249,999 731 3.0% $1530
$250,000 to $299,999 566 2.0% $1868
$300,000 to $399,999 268 1.0% $2376

Renters Insurance in Syracuse

  • Average Renters Insurance in Syracuse :  $206($17/month)

  • Median Gross Rent in Syracuse :  $700

  • Syracuse Renters Insurance to Median Rent Ratio:  2.43%

  • Renter occupied housing units in Syracuse :  33,492

Syracuse Renters Insurance as a Percentage of Rent

Syracuse Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 759 2.0% $351
$200 to $299 1,512 4.0% $801
$300 to $499 3,966 12.0% $1251
$500 to $749 12,451 38.0% $1926
$750 to $999 8,139 24.0% $2676
$1,000 to $1,499 4,921 15.0% $3801
$1,500 or more 945 2.0% $5451

Rent Affordability in Syracuse:

Approximately 53.0% (17,853) of households are spending more than 35% of their income on gross rent in Syracuse

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 3,228 9.0%
15.0 to 19.9 percent 3,414 10.0%
20.0 to 24.9 percent 2,942 8.0%
25.0 to 29.9 percent 3,286 9.0%
30.0 to 34.9 percent 2,769 8.0%
35.0 percent or more 17,853 53.0%

Syracuse Renters Insurance Discounts:

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

Number of Vehicles in Syracuse, NY Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 15,237 45.0% $20.6
2 vehicles available 3,710 11.0% $30.9
3 or more vehicles available 800 2.0% $41.2

Syracuse Senior Citizen Discounts:

Age Senior Occupied Housing Units % of Total Discount offered
55 to 59 years 2,632 7.0% $70
60 to 64 years 1,706 5.0% $56
65 to 74 years 1,750 5.0% $45
75 years and over 1,897 5.0% $35

Protective device discount in Syracuse Up to :  $30

Claims-free discount in Syracuse Up to :  $41