Evansville ,IN 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 Evansville, IN 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 Evansville, IN is $1814. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Evansville, IN. VHome Insurance will help you navigate the world of homeowners insurance coverages in Evansville, IN.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $726 |
| $200,000 | $1,234 |
| $300,000 | $1,524 |
| $400,000 | $2,322 |
| $500,000 | $2,921 |
Home insurance costs in Evansville 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 |
|---|---|
| 047710 | $1,721 |
| 47714 | $1,712 |
| 47713 | $1,681 |
| 47708 | $1,873 |
| 47725 | $1,846 |
| 47715 | $1,783 |
| 47720 | $1,788 |
| 47711 | $1,754 |
| 47712 | $1,760 |
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 Evansville, IN, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,860 |
| $1000 Deductible | $1,663 |
| $1500 Deductible | $1,569 |
| $2500 Deductible | $1,415 |
| $5000 Deductible | $1,197 |
| Home Insurance Company Near Evansville, IN | Homeowners Insurance Agency Near Evansville, IN | Address |
|---|---|---|
| State Farm | Carrie Divine | 701 Us Highway 60 E, Morganfield, KY, 42437-1169 |
| Travelers | Carter Family Insurance Llc | 7801 BUSSING DR STE 10, EVANSVILLE, IN, 47725 |
| Erie | Freeman Will & Niemeier Inc. | 1919 W. Franklin St, Evansville, IN, 47712 |
| State Farm | Pam Lentz | 2727 N 1st Ave, Evansville, IN, 47710-3172 |
| Farmers | Scott Schwartz | 1416 N Weinbach Ave, Evansville, IN, 47711 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Pigeon township, Vanderburgh County, Indiana | $117 | $156 | $234 |
| Knight township, Vanderburgh County, Indiana | $120 | $160 | $240 |
| Melody Hill CDP, Indiana | $125 | $166 | $249 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Evansville, IN | 6.9% | 18.0% |
| Pigeon | 7.67% | 19.49% |
| Knight | 6.69% | 17.45% |
| Melody Hill | 5.69% | 18.29% |
| Evansville Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 591 | 2.0% | $359 |
| $200 to $299 | 857 | 3.0% | $809 |
| $300 to $499 | 3,219 | 14.0% | $1259 |
| $500 to $749 | 8,835 | 38.0% | $1934 |
| $750 to $999 | 6,096 | 26.0% | $2684 |
| $1,000 to $1,499 | 2,788 | 12.0% | $3809 |
| $1,500 or more | 410 | 1.0% | $5459 |
| Streets in Evansville Area | Homeowners Insurance Cost |
|---|---|
| Clarendon Dr, Fawn Hill Ct, Drake Dr, NW 3rd St, N Villa Dr, Coconut Grove, E Olive St, Henning Ave, Commerce St, Fox Hollow Ct | $823 |
| Shamrock Dr, Halford Dr, Birchwood Ct, Lake Rd, Craig Ave, St George Rd, Derrington Dr, Frank Ave, Carolina Ave, Placid Pl | $797 |
| Moll Ave, N Boeke Rd, Lenape Ln, Lexington Rd, Winston Rd, E Franklin St, Plaza Dr, Alyssum Dr, Austin Ave, Ascot Ct | $799 |
| Omer Pl, Herbert Ave, Peach Ct, Old National Rd, N Lincoln Park Dr, Kings Path, Phelps Ln, Pirates Aly, Richardt Ave, Anguilla Ct | $822 |
| Carolwood Dr, Warren Dr, St Joseph Industrial Pk Dr, Riverside Expy, Hicks Dr, Strawberry Hill Rd, Jeanette Ave, Regents Park Rd, Vieth Ln, Grafflock Ave | $826 |
| Graff Rd, Audubon Dr, Texas Dr, Huckleberry Ln, Graham St, W Eichel Ave, Olmstead Rd, Blossom Ln, N Faith Way, N Tunis Ave | $846 |
| Kingswood Ct, Edson Ave, Morgan Center Dr, Greenfield Pl, Stanford Dr, Northfield Dr, Summerland Ct, Johnson Pl, Woodland Lake Rd, Nehaus Rd | $825 |
| Sleepy Hollow Dr, Cypress Ct, Egmont St, Hayes Dr, Lewis Ave, Read St, Nevada Ave, Kuiken Dr, Citadell Cir, S Red Bank Rd | $846 |
| Dover Ct, W Haven Dr, Forest Ave, Stanley Ave, Cub Cv, Edgar St, Cottonwood Ct, William L Brooks Dr, Shepherd Dr, Negley Ave | $845 |
| N Kelsey Ave, Shoreham Dr, E Waterford Bl, Carlton Ln, Knight Dr, Basil Dr, Sterchi Dr, Driver Dr, Glenmoor Dr, N Lemcke Ave | $864 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Evansville | $119 to $121 |
| Pigeon | $117 |
| Knight | $120 |
| Melody Hill | $125 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,000 | $2,000 |
| Yearly Evansville Homeowner Insurance Premium Example | $600 | $400 |
| Out of Pocket Expense During Claim | $1,000 | $2,000 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $5,800 | $5,200 |
| Net Savings to Evansville Home Owner from High Deductible Plan | $600 | |
| Scenario | Evansville, IN Home Replacement Value MORE than Home Value | Evansville, IN Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $131,000 | $86,000 |
| Insurance Premium based on Replacement Value | $525 | $350 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $32,000 | Risk Exposure from Under Insuring Coverage is $13,000 |
| Premium Impact | Insurance cheaper by $50/year | Insurance costlier by $125/year |
| Insurance Company | Amica Mutual Insurance Company | Liberty Mutual | State Farm |
| Monthly Premium | 36 | 45 | 23 |
| Year Built | 1959 | 1986 | 1960 |
| Home Details | 2 Beds, 1 Baths | 3 Beds, 2 Baths | 4 Beds, 3 Baths |
| Coverage Amount | $75000-$100000 | $125000-$150000 | $75000-$100000 |
| Deductible | $500 Deductible | $500 Deductible | $1000-$2500 Deductible |