Bellevue ,WA Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Bellevue, WA homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Bellevue, WA is $1455. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Bellevue, WA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Bellevue, WA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $582 |
| $200,000 | $989 |
| $300,000 | $1,222 |
| $400,000 | $1,862 |
| $500,000 | $2,343 |
Home insurance costs in Bellevue can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 098006 | $1,399 |
| 98005 | $1,412 |
| 98008 | $1,368 |
| 98007 | $1,318 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Bellevue, WA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,492 |
| $1000 Deductible | $1,334 |
| $1500 Deductible | $1,259 |
| $2500 Deductible | $1,135 |
| $5000 Deductible | $960 |
| Home Insurance Company Near Bellevue, WA | Homeowners Insurance Agency Near Bellevue, WA | Address |
|---|---|---|
| NA | Alaska Usa Insurance Brokers | 11010 Harbor Hill Dr Nw, #B Gig Harbor, Gig Harbor, WA, 98332 |
| Farmers | Larry Overland | 11921 Canyon Rd E Ste B, Puyallup, WA, 98373 |
| State Farm | Marsha Moody | 6706 24th St W Ste B, University Pl, WA, 98466-5460 |
| Farmers | Robert Hayward | 1130 140th Ave NE Ste 200, Bellevue, WA, 98005 |
| State Farm | Wendi Thomas | 3025 S Union Avenue, Tacoma, WA, 98409-3316 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Eastgate CDP, Washington | $81 | $107 | $161 |
| Seattle East CCD, King County, Washington | $81 | $107 | $161 |
| Beaux Arts Village town, Washington | $95 | $126 | $189 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Bellevue, WA | 2.2% | 7.5% |
| Eastgate | 2.09% | 8.16% |
| Seattle East | 2.2% | 7.33% |
| Clyde Hill | 1.62% | 6.46% |
| Bellevue Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 304 | 1.0% | $744 |
| $300 to $499 | 374 | 1.0% | $1194 |
| $500 to $749 | 648 | 2.0% | $1869 |
| $750 to $999 | 2,673 | 12.0% | $2619 |
| $1,000 to $1,499 | 9,483 | 43.0% | $3744 |
| $1,500 or more | 8,083 | 37.0% | $5394 |
| Streets in Bellevue Area | Homeowners Insurance Cost |
|---|---|
| 118th Ct SE, SE 77th St, Edmonds Ave NE, NE 68th Pl, NW Alpine Crest Way, Col de Vars Pl NW, SE 68th Pl, SE 87th Pl, Shoreland Dr SE, Oak Hill Pl NW | $655 |
| 169th Pl SE, SE 57th Pl, Hilltop Rd, Hazelwood Ln SE, SE 75th St, SE 85th St, 167th Ct SE, 132nd Ave, 164th Ln SE, Oakwood Pl NW | $712 |
| NE 37th Ct, SE 61st St, SE 66th Pl, Decatur Ky, 137 Pl SE, Sunset Way, SE 14th Pl, SE 78th Way, 187th Pl SE, NW James Bush Rd | $679 |
| 98th Pl NE, 170 Pl SE, SE 64th Way, SE 111th Pl, 162nd Way SE, 44th Pl SE, 42nd Ct SE, Access Rd, 99th Ave NE, Cedar Crest Ln | $673 |
| Orcas Ky, 121st Pl NE, SE 44th Way, SE 64, 129th St SE, NE 47th Ct, NE 36 Pl, 157th Ct NE, SE 86 St, Pine Cone Dr NW | $681 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Bellevue | $99 to $102 |
| Eastgate | $96 |
| Seattle East | $97 |
| Beaux Arts Village | $113 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $500 | $1,500 |
| Yearly Bellevue Homeowner Insurance Premium Example | $1,900 | $1,400 |
| Out of Pocket Expense During Claim | $500 | $1,500 |
| Total Home Insurance Premium for 3 years + Out of Pocket Expense for Claim | $6,200 | $5,700 |
| Net Savings to Bellevue Home Owner from High Deductible Plan | $500 | |
| Scenario | Bellevue, WA Home Replacement Value MORE than Home Value | Bellevue, WA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $661,500 | $524,500 |
| Insurance Premium based on Replacement Value | $1,850 | $1,475 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $71,500 | Risk Exposure from Under Insuring Coverage is $65,500 |
| Premium Impact | Insurance cheaper by $175/year | Insurance costlier by $200/year |
| Insurance Company | Nationwide Insurance | GEICO Insurance | State Farm |
| Monthly Premium | 109 | 89 | 202 |
| Year Built | 1979 | 2007 | 2011 |
| Home Details | 4 Beds, 3 Baths | 2 Beds, 1 Baths | 5 Beds, 1 Baths |
| Coverage Amount | $600000-$700000 | $350000-$400000 | More than 10000000 |
| Deductible | $5000 to $10,000 Deductible | $1000-$2500 Deductible | $500- $1000 Deductible |