Bloomington, IN homeowners insurance is roughly $722 to $983, about $60-$81/month. Our complete analysis reveals consumers can save as much as $340 by getting many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
| Home Insurance Company Near Bloomington, IN | Homeowners Insurance Agency Near Bloomington, IN | Address |
|---|---|---|
| Travelers | Isu Ins Services- Bright Ins Services Inc | 1231 N STATE STREET, NORTH VERNON, IN, 47265 |
| Erie | Mark J Phillippe | 5850 E Washington Street, Indianapolis, IN, 46219 |
| State Farm | Pete Fay Casl, Clu, Cpcu, Flmi, Chfc | 431 E Northfield Dr, Brownsburg, IN, 46112-2208 |
| State Farm | Tanya Mitchell-Yeager | 2666 E 2nd St, Bloomington, IN, 47401-5371 |
| Travelers | Brooks Insurance Professionals | 32 East Broadway Street, Shelbyville, IN, 46176 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Monroe County, Indiana | $105 | $140 | $210 |
| Richland township, Monroe County, Indiana | $104 | $138 | $207 |
| Van Buren township, Monroe County, Indiana | $103 | $137 | $205 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Bloomington, IN | 5.9% | 16.4% |
| Monroe County | 5.92% | 17.43% |
| Richland | 5.97% | 18.47% |
| Van Buren | 6.41% | 18.87% |
| Bloomington Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 368 | 1.0% | $328 |
| $200 to $299 | 315 | 1.0% | $778 |
| $300 to $499 | 1,810 | 9.0% | $1228 |
| $500 to $749 | 7,052 | 35.0% | $1903 |
| $750 to $999 | 4,661 | 23.0% | $2653 |
| $1,000 to $1,499 | 3,776 | 19.0% | $3778 |
| $1,500 or more | 1,664 | 8.0% | $5428 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $500 | $1,500 |
| Yearly Bloomington Homeowner Insurance Premium Example | $800 | $600 |
| Out of Pocket Expense During Claim | $500 | $1,500 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $6,900 | $6,300 |
| Net Savings to Bloomington Home Owner from High Deductible Plan | $600 | |
| Scenario | Bloomington, IN Home Replacement Value MORE than Home Value | Bloomington, IN Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $177,500 | $114,500 |
| Insurance Premium based on Replacement Value | $825 | $525 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $40,000 | Risk Exposure from Under Insuring Coverage is $23,000 |
| Premium Impact | Insurance cheaper by $125/year | Insurance costlier by $175/year |
| Insurance Company | Travelers | Amica Mutual Insurance Company | Chubb Group of Insurance |
| Monthly Premium | 45 | 172 | 95 |
| Year Built | 1970 | 2005 | 1996 |
| Home Details | 3 Beds, 1 Baths | 5 Beds, 2 Baths | 4 Beds, 2 Baths |
| Coverage Amount | $125000-$150000 | $400000-$500000 | $200000-$250000 |
| Deductible | $5000 to $10,000 Deductible | $500 Deductible | $500 Deductible |