Deptford Insurance Rates:

Deptford, NJ homeowners insurance is approximately $696 to $944, about $58-$78/month. Our all inclusive research reveals consumers can save as much as $328 by comparing different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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How Much Does Homeowners Insurance Cost In Deptford, NJ?

The average cost of homeowners insurance in Deptford, NJ, is $823. As a homeowner, you want to protect your investment. Your home is likely to be one of the most expensive purchases you will ever make in your lifetime, and you need to do everything to keep it safe. That's where homeowners insurance comes into the picture. Homeowners insurance is a type of property insurance that covers your home and belongings in the event of damage or theft. There are many reasons to have homeowners insurance, but one of the most important is that it protects your finances in the event of an unexpected incident. If your home is damaged or burglarized, your homeowner's insurance policy will help pay for the repairs or replacement of your belongings. This can save you thousands of dollars and help you get your life back to normal as quickly as possible.

No matter your reason for needing homeowners insurance, it's important to ensure you have the right coverage in place. Talk to an insurance agent about your needs and ensure you are adequately protected. In this article, we will explore the cost of homeowner's insurance in Deptford, NJ, and the factors which may affect your premium rates.

1. Homeowners Insurance Rates in Deptford, NJ, based on the Amount of Coverage you purchase. 

The more coverage you have, the higher your premium will be. However, homeowners insurance costs are also based on your home's value. If your home is worth more, you will pay more for insurance. Your homeowner's insurance policy will pay to repair or replace your home and possessions if they are damaged or destroyed by a covered event, such as a fire or hurricane. It will also provide liability coverage if someone is injured on your property or if you are sued. You can choose the amount of coverage you need, and to get the best rate on your homeowner's insurance, shop around and compare quotes from different insurers. Homeowners in Deptford, New Jersey, can get home insurance for $863 for a $200K coverage. Homeowners typically opt for coverage between $100K and $300K, costing $377 and $1818, respectively, in Deptford, NJ.

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2. Cost of Homeowner's insurance based on the materials used in Deptford, NJ

One of the most important factors is the materials used in home construction. Insurance companies consider the fire resistance of different materials when setting rates. For example, brick is a more fire-resistant material than wood, so a home built with brick is less likely to experience a fire and will be cheaper to insure. For example, homeowners in Deptford, New Jersey, who built their homes with masonry or fire-resistant brick pay $781.85 and $707.78 in insurance premiums, respectively.

3. Cost of Homeowner's insurance based on the deductibles in Deptford, NJ

The cost of homeowners insurance in Deptford, NJ, is based on the policyholder's deductibles. The higher the deductible, the lower the premium. This is because you are assuming more risk, and the insurance company will not have to pay as many claims. Of course, you need to make sure you can afford to pay a higher deductible if you choose this option. However, the policyholder is responsible for paying the deductible if they have a claim. For example, if the policyholder has a $500 deductible and a claim for $1,000, they will have to pay the first $500, and the insurance company will pay the remaining $500. In Deptford, New Jersey, homeowners with deductibles of $1500 and $2000 pay $692.47 and $628.61 in premiums, respectively. However, homeowners who pay a $500 or $1000 deductible pay $813.12 and $735.6, respectively.

Deptford, NJ Homeowners Insurance By Home Value

Deptford, NJ Home Value Total Homes % of Total Average Deptford, NJ Homeowners Insurance
Less than $50,000 112 1.0% $98
$80,000 to $89,999 172 1.0% $336
$90,000 to $99,999 135 1.0% $369
$100,000 to $124,999 414 4.0% $434
$125,000 to $149,999 490 5.0% $541
$150,000 to $174,999 1,537 17.0% $639
$175,000 to $199,999 1,302 14.0% $738
$200,000 to $249,999 2,194 25.0% $893
$250,000 to $299,999 1,273 14.0% $1090
$300,000 to $399,999 1,005 11.0% $1385

Top Home Insurance Agents Near Deptford, NJ

Home Insurance Company Near Deptford, NJ Homeowners Insurance Agency Near Deptford, NJ Address
Nationwide John Koziol Inc 724 Yorklyn Rd STE 200, Hockessin, DE, 19707-8732
State Farm Kim Lau-Darnell 12310 Academy Rd, Philadelphia, PA, 19154-1928
Erie Levy Insurance Agency 500 Abbott Dr Ste D2 Broomall, Marple Township, PA, 19008
Travelers Professional Insurance Advisors Llc 3900 SKIPPACK PIKE STE A-3, SKIPPACK, PA, 19474
Liberty Mutual Independent Shore Agency Inc 453 WHITE HORSE PIKE, ABSECON, NJ, 8201

Deptford, NJ Home Insurance Agents for Top Companies


Cost Of Homeowners Insurance By Street Near Deptford, NJ

Streets in Deptford Area Homeowners Insurance Cost
Constitution Ct, Woodbury Lake Rd, Second Ave, Clarence Ave, Colonial Dr, Griscom Dr, Margaret Ave, Sweet Briar Cir, Prince Ave, Treeline Dr$833
Montclair Ct, Sammler St, McKee Ave, S Highland Ave, Gilbert Ave, Logan Ave, Salina Rd, College Blvd, Monmouth Rd, Hunterdon Rd$824
Burke Ave, Ursinus St, Alexander Pl, Fleming Ave, Blackwood Barnsboro Rd, Sage Hill Dr, Rygate Ave, Fordham Rd, Carnegie Ave, Villanova Ave$827
Rice Ave, Westminister Rd, Ironwood Dr, Morris St, Bucknell Ave, Burlington Ave, Trilby Ave, Grove Ct, Fifth Ave, Betsy Ross Way$815
Ethel Ave, Montague Ln, Burning Tree Rd, Villanova Ct, Co Rd 621, Slater Ave, Plymouth Dr, Maryland Ave, Essex Blvd, Duke Dr$821

Deptford, NJ Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Deptford$122 to $125
Woodbury Heights$123
Oak Valley$122
Wenonah$127

Deptford, NJ Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Woodbury Heights borough, New Jersey $123 $164 $246
Oak Valley CDP, New Jersey $122 $162 $243
Wenonah borough, New Jersey $127 $169 $254

Deptford, NJ Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Deptford, NJ3.7%9.5%
Woodbury Heights3.4%7.16%
Oak Valley4.02%10.08%
Wenonah2.86%7.07%

Deptford Renters Insurance as a Percentage of Rent

Deptford Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 63 2.0% $347
$200 to $299 113 4.0% $797
$300 to $499 228 8.0% $1247
$500 to $749 107 4.0% $1922
$750 to $999 628 24.0% $2672
$1,000 to $1,499 937 36.0% $3797
$1,500 or more 518 19.0% $5447

Deptford, NJ Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$500$1,500
Yearly Deptford 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 Deptford Home Owner from High Deductible Plan $600

Deptford, NJ Home Insurance Costs With Home Replacement Value Scenarios

Scenario Deptford, NJ Home Replacement Value MORE than Home Value Deptford, NJ Home Replacement Value LESS than Home Value
Replacement Value $302,500 $194,500
Insurance Premium based on Replacement Value $1,575 $1,000
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $40,000 Risk Exposure from Under Insuring Coverage is $68,000
Premium Impact Insurance cheaper by $350/year Insurance costlier by $225/year

Example Deptford Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Farmers InsuranceState FarmLiberty Mutual
Monthly Premium 8012194
Year Built 197419922001
Home Details 3 Beds, 1 Baths4 Beds, 1 Baths5 Beds, 1 Baths
Coverage Amount $200000-$250000$250000-$300000$300000-$350000
Deductible $500- $1000 Deductible$500- $1000 Deductible$2500-$5000 Deductible

Sample Home Insurance Rates for Deptford, NJ from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1969 245,000 Asphalt Shingles Roof 2,030 3 $500 Deductible 740 7 Fiber-Cement Siding No
2012 405,000 Composition Roof 3,260 4 $5000 to $10,000 Deductible 390 5 Vinyl siding yes
2011 400,000 Wood Shake Roof 2,930 4 $2500-$5000 Deductible 570 5 Wood siding No
1990 315,000 Wood Shake Roof 2,330 3 $1000-$2500 Deductible 570 7 Brick siding yes
1980 255,000 Shingles Roof 1,890 3 $500 Deductible 640 5 Stucco siding No
1984 200,000 Composition Roof 1,560 2 $5000 to $10,000 Deductible 260 6 Vinyl siding No
1980 160,000 Membrane Roof 1,500 2 $500 Deductible 460 7 Vinyl siding yes
1993 300,000 Shingles Roof 2,380 3 $2500-$5000 Deductible 560 10 Vinyl siding yes
2014 170,000 Membrane Roof 1,230 2 $1000-$2500 Deductible 420 8 Brick siding yes
1989 325,000 Shingles Roof 2,680 5 $5000 to $10,000 Deductible 290 3 Vinyl siding yes
1973 235,000 Membrane Roof 1,800 3 > $10,000 Deductible 130 2 Brick siding yes
2006 170,000 Metal Roof 1,310 3 $500 Deductible 240 4 Fiber-Cement Siding No
1987 130,000 Membrane Roof 1,320 3 $1000-$2500 Deductible 290 6 Wood siding yes
1996 350,000 Wood Shake Roof 3,210 4 $500 Deductible 380 3 Wood siding yes
1992 210,000 Slate Shingles Roof 1,670 3 $2500-$5000 Deductible 280 4 Wood siding No
2001 275,000 Composition Roof 2,330 3 $500- $1000 Deductible 450 5 Wood siding No
1985 145,000 Shingles Roof 1,310 3 $500 Deductible 780 10 Stucco siding No
1997 405,000 Slate Shingles Roof 3,340 4 $2500-$5000 Deductible 960 10 Vinyl siding yes
1989 225,000 Shingles Roof 2,390 5 $500- $1000 Deductible 410 4 Stone Siding No
2000 315,000 Shingles Roof 2,780 5 $1000-$2500 Deductible 1060 10 Brick siding yes
1980 185,000 Wood Shake Roof 1,550 3 $5000 to $10,000 Deductible 100 2 Fiber-Cement Siding yes
1987 460,000 Metal Roof 3,580 5 > $10,000 Deductible 400 4 Stucco siding No
2000 460,000 Membrane Roof 3,560 5 $2500-$5000 Deductible 1910 12 Stone Siding yes
1975 250,000 Membrane Roof 1,910 3 $500- $1000 Deductible 290 3 Stucco siding yes
1961 275,000 Asphalt Shingles Roof 2,200 5 > $10,000 Deductible 190 3 Vinyl siding yes
2010 285,000 Asphalt Shingles Roof 3,100 4 $5000 to $10,000 Deductible 660 8 Brick siding No
1966 280,000 Metal Roof 2,550 4 $500- $1000 Deductible 1220 9 Brick siding yes
1969 120,000 Composition Roof 970 2 $1000-$2500 Deductible 80 2 Vinyl siding No
2013 130,000 Membrane Roof 980 2 $500- $1000 Deductible 390 7 Stone Siding yes
1963 200,000 Tile Roof 1,700 2 $2500-$5000 Deductible 120 3 Vinyl siding No
1985 90,000 Wood Shake Roof 960 2 $2500-$5000 Deductible 120 6 Stucco siding No
2013 345,000 Asphalt Shingles Roof 2,580 4 $500- $1000 Deductible 240 2 Stucco siding yes
1960 385,000 Wood Shake Roof 3,360 4 $500- $1000 Deductible 1550 9 Brick siding No
2006 150,000 Tile Roof 1,510 2 $1000-$2500 Deductible 410 7 Wood siding No

Latest Home Insurance Reviews

Amica Mutual Insurance
this insurance company will be very respect for the customers for insurance client
Aaa
I like the fact that i can either call or email my representative with a question and i will get an answer by the next day at the very latest.
Allstate
I give them a 5 because any time I had an issue it was dealt with immediately or within the week.
Allstate
Allstate's communication is a+ they will return emails/phone calls in a timely manner. they were able to find me discounts that other insurance companies were unable to. saving my family and i money.
Universal Property & Casualty Insurance Company
They don't notify you of your bill is due. They will send a cancellation notice instead of reaching out for payment
State Farm
When we had a small fire they immediately came out to check on us.
Aaa
There really is not anything that I dislike about them. The only thing, if I really had to pick something, would be their hours. I do wish they had at least one to two days a week with longer hours at the main office in my town. That would be the only thing. Sometimes, if I am working late and need to stop in, it would be nice if they were open longer. But even that is minor considering everything else.
Amica Mutual Insurance
They provide me with the information that I need in a timely manner and I can get any information I need fairly quickly if I need to, so overall I am happy.
Geico
I am ok with my premium and can afford it securely. In addition, I feel confident about making changes to my policy at any time and have no issues at the moment financially.
State Farm
I like the warmth and professionalism that they have. There has not been a time when I have had an impolite customer service rep. Our local agent has been amazing at finding us discounts as well as answering any questions that pop up. They have given us the best rate by far for what we are in need of.
Geico
Geico has always treated us right and never has done wrong by us. When needed they were friendly and sent people to help immediately. Would recommend.
New Jersey Manufacturers Insurance Company
I would definitely will recommend this company because its one the best insurances in NJ. This company will work out with you anytime. They have good products and policies that are very competitive .
Farmer's Insurance
They are very upfront about what will be covered and they have reasonable rates compared to most insurance companies on the Island.
Farmer's Insurance
I have not shopped around too much for home/apartment insurance in the past and this is non applicable. I have nothing to compare it to against other policies

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