Germantown Insurance Rates:

Germantown, MD homeowners insurance is approximately $608 to $827, about $50-$68/month. Our all inclusive analysis indicates shoppers can save as much as $287 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

Nationwide
They will make sure you have complete coverage and your needs are met, making you happy. they will offer you the best coverage possible.
State Farm
My homeowner's insurance company is one of the best company in the state where i live because they make sure that their customers are satisfied.
Nationwide
If you have any questions about anything, they will assist you to the best of their ability. they will give you all of the support you need.

Germantown, MD Homeowners Insurance By Home Value

Germantown, MD Home Value Total Homes % of Total Average Germantown, MD Homeowners Insurance
Less than $50,000 377 2.0% $50
$100,000 to $124,999 230 1.0% $236
$125,000 to $149,999 479 3.0% $301
$150,000 to $174,999 1,025 6.0% $359
$175,000 to $199,999 1,171 7.0% $409
$200,000 to $249,999 2,753 18.0% $495
$250,000 to $299,999 3,339 22.0% $610
$300,000 to $399,999 5,258 35.0% $768

Top Home Insurance Agents Near Germantown, MD

Home Insurance Company Near Germantown, MD Homeowners Insurance Agency Near Germantown, MD Address
State Farm Asma Atique 12751 Marblestone Dr Ste 250, Woodbridge, VA, 22192-8335
State Farm Gene Cartwright 2721 Branch Ave SE, Washington, DC, 20020-1421
State Farm Kathy Fowler 510 4th St, Laurel, MD, 20707-4273
State Farm Mustafa Rasuli 6715 Backlick Rd Ste 201, Springfield, VA, 22150-2708
Allstate Zifer M. Reyal 10110 Sutherland Rd, Silver Spring, MD, 20901

Cost Of Homeowners Insurance By Street Near Germantown, MD

Streets in Germantown Area Homeowners Insurance Cost
Biddeford Ct, Log House Rd, Ferry Landing Cir, Falling Star Ct, White Trellis Ln, Hamlet Square Ct, Thorngate Ln, Mateny Hill Rd, Millhaven Pl, Aspen Dale$749
Crownsgate Cir, Amber Hill Ct, Arena Stage Ct, China Aster Ct, Kilmarnock Way, Stone Pier Ln, Wisteria Dr, Ranworth Dr, Houser, Maryland Manor Ct$737
Amarillo Ct, Bent Creek Ter, Tulip Poplar Ter, Forest Brook Ct, Theseus Ter, Dunstable Cir, Piney Point Pl, Monarch Vista Dr, Esmond Ter, Middleboro Dr$709
Valley Bend Dr, Walter Johnson Rd, Deep Run Ct, Hartsbourne Way, Shipley Ter, Thundercloud, Falconcrest Rd, Fable Dr, Gunners Branch Rd, Afternoon Ln$713
Tattershall Dr, Warrior Brook Dr, Autumn Mist Cir, Schaeffer Rd, Dover Cliffs, Kitchen House Way, Caravan Dr, Steed Ct, Hartsbourne Dr, Clover Meadow Pl$722

Germantown, MD Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Germantown$107 to $110
Montgomery Village$106
Montgomery County$112
Gaithersburg$109

Germantown, MD Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Montgomery Village CDP, Maryland $89 $118 $177
Montgomery County, Maryland $94 $125 $188
Gaithersburg city, Maryland $91 $121 $182

Germantown, MD 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
Germantown, MD2.7%10.4%
Montgomery Village2.91%10.12%
Montgomery County2.43%8.18%
Gaithersburg2.65%9.23%

Germantown Renters Insurance as a Percentage of Rent

Germantown Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$500 to $749 162 1.0% $1901
$750 to $999 430 4.0% $2651
$1,000 to $1,499 3,205 34.0% $3776
$1,500 or more 5,404 57.0% $5426

Average Cost Of Home Insurance By Company In Areas Nearby Germantown For Different Scenarios

Home Value ($) Deductible ($) Construction Type Age of Home (Years) Company Premium ($)
350,000 500 Frame 25 Allstate Vehicle & Property Insurance Co. 959
400,000 1,000 Masonry 15 Allstate Vehicle & Property Insurance Co. 917
450,000 1,000 Frame 10 Amica Mutual Insurance Co. 1,451
350,000 500 Frame 25 Chubb National Insurance Co. 1,091
300,000 500 Frame 35 Garrison Property & Casualty Ins. Co. 1,518
350,000 500 Frame 25 Hartford Fire Insurance Co. 1,144
450,000 1,000 Frame 10 Liberty Insurance Corp. 1,089
450,000 1,000 Frame 10 Penn National Insurance Co. 850
400,000 1,000 Masonry 15 Pharmacists Mutual Insurance Co. 1,534
300,000 500 Frame 35 United Services Automobile Association 1,355

Germantown, MD Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,500$5,500
Yearly Germantown Homeowner Insurance Premium Example $3,300$2,300
Out of Pocket Expense During Claim$1,500$5,500
Total Home Insurance Premium for 5 years + Out of Pocket Expense for Claim $18,000$17,000
Net Savings to Germantown Home Owner from High Deductible Plan $1,000

Germantown, MD Home Insurance Costs With Home Replacement Value Scenarios

Scenario Germantown, MD Home Replacement Value MORE than Home Value Germantown, MD Home Replacement Value LESS than Home Value
Replacement Value $360,000 $226,000
Insurance Premium based on Replacement Value $1,725 $1,075
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $53,000 Risk Exposure from Under Insuring Coverage is $81,000
Premium Impact Insurance cheaper by $375/year Insurance costlier by $275/year

Example Germantown Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Liberty MutualAmica Mutual Insurance CompanyErie Insurance
Monthly Premium 8924381
Year Built 201019971986
Home Details 3 Beds, 2 Baths4 Beds, 3 Baths5 Beds, 4 Baths
Coverage Amount $250000-$300000$600000-$700000$350000-$400000
Deductible $2500-$5000 Deductible$1000-$2500 Deductible> $10,000 Deductible

Sample Home Insurance Rates for Germantown, MD from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1999 325,000 Shingles Roof 1,650 4 $500- $1000 Deductible 1170 10 Fiber-Cement Siding No
1981 600,000 Membrane Roof 3,930 5 $5000 to $10,000 Deductible 1250 10 Stucco siding No
1989 255,000 Membrane Roof 1,360 3 $5000 to $10,000 Deductible 170 3 Vinyl siding yes
2000 690,000 Shingles Roof 4,320 5 $2500-$5000 Deductible 230 1 Stucco siding No
1984 295,000 Metal Roof 1,940 3 $1000-$2500 Deductible 370 4 Stone Siding yes
2010 340,000 Slate Shingles Roof 1,940 4 > $10,000 Deductible 520 7 Stucco siding No
2013 345,000 Wood Shake Roof 2,310 4 $1000-$2500 Deductible 840 8 Fiber-Cement Siding No
1995 460,000 Shingles Roof 2,460 5 $500 Deductible 1220 8 Stucco siding No
2013 460,000 Membrane Roof 2,560 5 $500 Deductible 1320 6 Wood siding No
1985 295,000 Asphalt Shingles Roof 2,210 3 $500 Deductible 260 2 Fiber-Cement Siding No
1986 370,000 Metal Roof 2,080 3 $500 Deductible 1100 7 Stone Siding No
1993 215,000 Membrane Roof 1,330 3 $1000-$2500 Deductible 560 10 Vinyl siding yes
1993 570,000 Membrane Roof 3,110 5 $500 Deductible 1680 8 Fiber-Cement Siding No