The average homeowner’s insurance in Utica, NY, is $1,350 per annum. Vhome’s extended analysis reveals that Utica homeowners can save up to $234 by making use of discounts provided by home insurance companies.
Home insurance rates in Utica vary from $1,080 to $1,415, depending on the age of homes. Newly constructed Utica homes can avail of discounts of up to $270 on home insurance rates. On the other hand, Utica homes older than 50 years can increase home insurance rates by up to $65 due to increased propensity for damage.
Utica homes can avail substantial discounts based on home construction type. Utica homeowners can get discounts of $189 and $135, respectively, on homes constructed using fire-resistant and superior materials. Masonry and brick homes earn a discount of $68 each, while homes with hail resistant roof get a $41 discount.
Home insurance companies provide discounts to homeowners by considering the lifestyle choices they make. Utica homes with a swimming pool can increase home insurance rates by up to $81. Homeowners can avail discounts on home insurance rates by installing a fence around the swimming pool with self-latching gates.
The property crime rate in Utica is 34.60 per 1,000 residents, with a total of 2,098 reported crimes. Home insurance companies tend to provide discounts to homes equipped with security features that make them less prone to burglaries. Utica homes located close to fire departments, and law enforcement agencies earn discounts of $41 and $14, respectively, on home insurance rates.
Apart from this, Utica homeowners can lower home insurance rates by opting to pay a higher deductible. A study done by Vhome showed that Utica homeowners could save up to $800 for a lock-in period of 7 years by paying a high deductible of $3,200 in place of $1,200.