Bellingham ,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 Bellingham, 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 Bellingham, WA is $1294. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Bellingham, WA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Bellingham, WA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $518 |
| $200,000 | $880 |
| $300,000 | $1,087 |
| $400,000 | $1,656 |
| $500,000 | $2,083 |
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 Bellingham, WA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,327 |
| $1000 Deductible | $1,187 |
| $1500 Deductible | $1,119 |
| $2500 Deductible | $1,009 |
| $5000 Deductible | $854 |
| Home Insurance Company Near Bellingham, WA | Homeowners Insurance Agency Near Bellingham, WA | Address |
|---|---|---|
| Allstate | Amy Jensen | 1863 Main St Ste 106, Ferndale, WA, 98248 |
| Liberty Mutual Independent | Brayer Insurance Services Llc | 1501 PARKER WAY STE 108, MOUNT VERNON, WA, 98273 |
| State Farm | Jim Harber | 3219 Meridian Street, Bellingham, WA, 98225 |
| State Farm | Mark Shapiro | 9528 State Ave Ste C, Marysville, WA, 98270-2279 |
| Travelers | Steve Richardson Insurance Inc | 860 SE BAYSHORE DR #202, OAK HARBOR ISLAND, WA, 98277 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Geneva CDP, Washington | $79 | $105 | $157 |
| Sudden Valley CDP, Washington | $76 | $101 | $151 |
| Marietta-Alderwood CDP, Washington | $76 | $101 | $152 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Bellingham, WA | 3.0% | 10.2% |
| Geneva | 2.81% | 9.23% |
| Sudden Valley | 2.95% | 9.3% |
| Marietta-Alderwood | 3.22% | 11.84% |
| Bellingham Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 420 | 2.0% | $335 |
| $200 to $299 | 365 | 1.0% | $785 |
| $300 to $499 | 1,267 | 6.0% | $1235 |
| $500 to $749 | 4,774 | 23.0% | $1910 |
| $750 to $999 | 5,958 | 29.0% | $2660 |
| $1,000 to $1,499 | 5,019 | 24.0% | $3785 |
| $1,500 or more | 2,473 | 12.0% | $5435 |
| Streets in Bellingham Area | Homeowners Insurance Cost |
|---|---|
| Meador Ave, Canyon View Rd, Marina Ct, Willow Rd, Alderwood Ave, N Red River Rd, S Parkstone Ct, Alabama St, Mink Ln, Donovan Ave | $645 |
| Viewmont Ct, Jasper Ridge Ln, Celia Way, S Clarkwood Dr, Harris Ave, Marigold Dr SE, Kansas St, Loganberry Ln, N Summit Ln, Indiana St | $601 |
| W Racine Pl, Overlake Ct, Brandywine Ct, Spring Rd, Padden Hills Ct, Mahogany Ave, Donovan Ave, Oriental Ln, Stoney Creek Ln, E Holly St | $601 |
| St Paul Ln, Beaver Ln, E Illinois St, Northwest Ave, Iris Ln, Westerly Rd, Hammer Dr, Brighton Creek Ln, Fieldston Cd, Village Dr | $634 |
| N Summit Ln, Rayhorst Rd, Bellis Fair Pkwy, Roland St, Ruth Rd, Cedar Ln, Rhododendron Way, Sumerset Way, Lee Way, Marina Pl | $600 |
| Wildflower Way, Clematis Cir, Galbraith Ln, Harris Ave, Alderwood Ave, Lummi Shore Rd, Fraser St, Chuckanut Ave, Pender Dr, N Point Dr | $602 |
| Mossop Dr, S College Dr, Geneva St, Whitehorn St, Brookview Pl, Finch Ct, E Pacific View Dr, Britton Rd, Alabama St, Valencia St | $596 |
| Pacificview Dr, Wildflower Ct, Cranberry Ct, State Hwy 11, Sweetclover Cir, College St, Heron Point Ln, Jefferson St, Lemon Grove Dr, S 43rd St | $617 |
| Ann Ct, Pinewood St, Daniels Ct, E Champion St, Chuckanut Heights Rd, Sunset Dr, Gooseberry Cir, N Garden St, Willow Road Pl, Telegraph Rd | $656 |
| Bayview Dr, Plum Ct, Willowbrook Ln, Marina Cir, Virginia St, 17th St, Edwards St, Willowbrook Pl, Division St, Cleator Rd | $623 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Bellingham | $91 to $93 |
| Geneva | $94 |
| Sudden Valley | $90 |
| Marietta-Alderwood | $91 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $500 | $3,500 |
| Yearly Bellingham Homeowner Insurance Premium Example | $2,000 | $1,400 |
| Out of Pocket Expense During Claim | $500 | $3,500 |
| Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $14,500 | $13,300 |
| Net Savings to Bellingham Home Owner from High Deductible Plan | $1,200 | |
| Scenario | Bellingham, WA Home Replacement Value MORE than Home Value | Bellingham, WA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $286,500 | $228,000 |
| Insurance Premium based on Replacement Value | $950 | $750 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $25,500 | Risk Exposure from Under Insuring Coverage is $33,000 |
| Premium Impact | Insurance cheaper by $125/year | Insurance costlier by $75/year |
| Insurance Company | Allstate | American Family Insurance | Liberty Mutual |
| Monthly Premium | 45 | 37 | 31 |
| Year Built | 1989 | 1940 | 1997 |
| Home Details | 4 Beds, 3 Baths | 2 Beds, 1 Baths | 3 Beds, 2 Baths |
| Coverage Amount | $250000-$300000 | $175000-$200000 | $200000-$250000 |
| Deductible | $5000 to $10,000 Deductible | $500- $1000 Deductible | $5000 to $10,000 Deductible |