Edmonds ,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 Edmonds, 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 Edmonds, WA is $1341. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Edmonds, WA. VHome Insurance will help you navigate the world of homeowners insurance coverages in Edmonds, WA.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $536 |
| $200,000 | $912 |
| $300,000 | $1,126 |
| $400,000 | $1,716 |
| $500,000 | $2,159 |
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 Edmonds, WA, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,375 |
| $1000 Deductible | $1,230 |
| $1500 Deductible | $1,160 |
| $2500 Deductible | $1,046 |
| $5000 Deductible | $885 |
| Home Insurance Company Near Edmonds, WA | Homeowners Insurance Agency Near Edmonds, WA | Address |
|---|---|---|
| NA | Aaa Insurance Agency-Bremerton | 5700 Kitsap Way, Bremerton, WA, 98312 |
| Farmers | Bill Severyns | 17913 108th Ave SE, Renton, WA, 98055 |
| Farmers | Cathy Jeffris Lutcf | 10526 NE 68th St Ste 201, Kirkland, WA, 98033 |
| Farmers | Daniel Wong Lutcf | 365 118th Ave SE Ste 200, Bellevue, WA, 98005 |
| Liberty Mutual Independent | Kuresman Insurance Llc | 9321Bayshore Dr Nw Ste 111, Silverdale, WA, 98383 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Lynnwood city, Washington | $76 | $101 | $152 |
| Meadowdale CDP, Washington | $78 | $104 | $156 |
| North Lynnwood CDP, Washington | $75 | $100 | $150 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Edmonds, WA | 2.4% | 8.6% |
| Lynnwood | 2.69% | 9.24% |
| Meadowdale | 2.28% | 6.15% |
| North Lynnwood | 2.49% | 9.04% |
| Edmonds Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 399 | 1.0% | $776 |
| $300 to $499 | 455 | 1.0% | $1226 |
| $500 to $749 | 1,873 | 6.0% | $1901 |
| $750 to $999 | 6,975 | 23.0% | $2651 |
| $1,000 to $1,499 | 12,470 | 42.0% | $3776 |
| $1,500 or more | 6,890 | 23.0% | $5426 |
| Streets in Edmonds Area | Homeowners Insurance Cost |
|---|---|
| 93rd Ave W, Brier Way, 209th St SW, Mountain Ln, Eagles Nest Dr, 49th Pl, 71st Ave W, 122nd Pl SW, 80th Ct W, N 205th St | $666 |
| Little John Ct, 71st Ave W, 78th Pl W, Hanna Park Rd, 151st St SE, 76th Pl W, 173rd Pl SW, 25 Dr SE, 40th Pl W, 226th St SE | $625 |
| 12th Ave N, 43rd Pl W, 170th Pl SE, Logan Rd, 126th St SW, 16th Dr SE, Atlas Rd, Lake Dr W, 221st St SE, 205th St SW | $623 |
| 182 St SW, 241st Pl SW, 207th Pl SW, Eagle Ln, 87 Ave W, 188th Pl SE, 193rd Pl SW, 4th Ave S, Maple Way, 95th Ave W | $627 |
| Hemlock St, 167th Pl SE, 165th Pl SW, 222 St SW, Double Eagle Dr, 89th Ave W, 175 Pl SW, 142nd Dr SE, 32nd Pl W, 198th Pl SE | $643 |
| 6th Dr SE, 171st St SW, 87th Pl W, W Villa Monte Dr, Lake Dr E, Puget Dr, Park Way, 205th Pl SE, 91st Ave W, 187th Pl SE | $616 |
| 201st St SE, Locust Pl, 148th Ct SE, 195th Pl SW, 223rd Pl SE, 7th Ave N, 174th Pl SE, 189th St SE, Meadowdale Rd, 121st Pl SW | $606 |
| 236th Pl SW, 150th Pl SE, 158th St SW, 207th St SW, 209th St SW, 185th Pl SE, 82nd Pl W, 94th Pl W, Cypress Way, 11 Pl W | $626 |
| Old Mill Rd, 18th Ln SE, Kamiak Rd, 5th Ave N, 142nd St SW, 207th Pl SE, N Meadowdale Rd, 10th Pl N, 71st Pl W, Durbin Dr | $645 |
| 63rd Pl SW, 104th Ave W, Possession Ln, Bing Rd, 135th St SW, 136th St SE, Carol Way, Sunset Way, 28th Pl W, 19th Pl SW | $666 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Edmonds | $93 to $95 |
| Lynnwood | $91 |
| Meadowdale | $93 |
| North Lynnwood | $90 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $800 | $3,800 |
| Yearly Edmonds Homeowner Insurance Premium Example | $1,600 | $1,100 |
| Out of Pocket Expense During Claim | $800 | $3,800 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $13,600 | $12,600 |
| Net Savings to Edmonds Home Owner from High Deductible Plan | $1,000 | |
| Scenario | Edmonds, WA Home Replacement Value MORE than Home Value | Edmonds, WA Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $566,500 | $337,000 |
| Insurance Premium based on Replacement Value | $1,875 | $1,100 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $131,000 | Risk Exposure from Under Insuring Coverage is $98,500 |
| Premium Impact | Insurance cheaper by $325/year | Insurance costlier by $450/year |
| Insurance Company | GEICO Insurance | State Farm | Nationwide Insurance |
| Monthly Premium | 43 | 35 | 133 |
| Year Built | 1981 | 1993 | 2001 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 3 Baths | 5 Beds, 3 Baths |
| Coverage Amount | $350000-$400000 | $200000-$250000 | $500000-$600000 |
| Deductible | > $10,000 Deductible | $5000 to $10,000 Deductible | $1000-$2500 Deductible |