Greece, NY homeowners insurance is about $504 to $681, about $42-$56/month. Our in depth research indicates shoppers can save as much as $236 by comparing different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Homeowners in Greece, NY pay an average of $1361.88 for home insurance. However, the cost of your policy will vary based on a number of factors including coverage type and deductible amount as well as age of property or materials used to build it.Below is the summary of average home insurance costs available to Greece Homeowners based on the deductible and other variables.
Greece, Home Insurance Cost for different deductibles.
Homeowners are given discounts when they opt for higher deductibles which translates into cheaper monthly payments and affordable premiums over time. A high deductible policy is an easy way to benefit more while saving money. Greece homeowners paying a high deductible of $2500 can avail of home insurance for $978.Homeowners receive insurance for $1040 and $1146, respectively, on deductibles $2000 and $1500.
The average cost of house insurance is directly proportional to the age of the home. Newly constructed Greece, NY homes can avail lower insurance of $1,008 since newly built homes have a lesser threat of damage. As a result, home insurance companies offer substantial discounts to newly constructed homes. An older housing means higher rates since houses are more prone to damage and as a result, those with homes over 40 or 50 years old have an additional $1397-$1414 per year tacked onto their premiums.
Construction type is an important factor in the cost of homeowners insurance. The more resistant your house to damage, the less expensive homeowners insurance will be for you. For instance, if a person lives in Greece, NY and has fire-resistant construction on their roof they can benefit from average rates at $1198 per year.Insurance companies in Greece offer home insurance for $1294 for homes built with Masonry and Brick. Homes constructed with superior and hail resistant roofs attract a higher amount $1226 and $1321 respectively.
Apart from all these factors, homeowners can avail cheap home insurance costs from insurance companies based on the security features and senior citizens residing in the households. Senior occupied houses in Greece can also avail discounts on home insurance.
Homeowners in Greece, New York, pay an average home insurance rate of $1,361. However, the cost of home insurance in Greece varies widely depending upon several variables. Homeowners need to understand these factors in order to reduce their home insurance rates and pick the cheapest home insurance company.
Home insurance providers consider different parameters before determining home insurance rates. As a result, the quotes offered to homeowners differ from one insurance company to another. Greece homeowners are advised to compare quotes from multiple home insurance companies to choose the cheapest one for their coverage requirements.
Deductibles Vs. Home Insurance Rates
Home insurance companies provide homeowners with the option of choosing a deductible based on their needs. Homeowners can reduce their home insurance rates by paying a one-time high deductible. The percentage of reduction in home insurance rates for a given deductible differs from one insurance company to another. Greece homeowners are recommended to choose the home insurance company that offers the highest price reduction for their deductible.
Home insurance agents work with homeowners to understand individual needs and suggest appropriate add-on policies. These policies are in place to cover items or damage caused due to specific reasons. The add-on policies include pet insurance, flood insurance, collectibles insurance, and earthquake insurance.
Home insurance companies offer numerous discounts to homeowners to help lower the cost of insurance. Apart from the lifestyle choices of residents, home insurance companies also offer discounts based on the safety measures implemented by homeowners. Considering the specific features of their home, Greece homeowners are advised to choose the home insurance company that offers the highest discount for their coverage needs.
Claims History of Homeowners
If home insurance companies find repetitive claims or a pattern in filing claims, the home insurance rates for such homeowners can increase drastically. On the other hand, homeowners receive discounts on home insurance rates if they have a claims-free history. Greece homeowners should choose home insurance companies that are liberal in determining home insurance rates based on the claims history.
|Greece, NY Home Value||Total Homes||% of Total||Average Greece, NY Homeowners Insurance|
|Less than $50,000||645||2.0%||$112|
|$60,000 to $69,999||386||1.0%||$301|
|$70,000 to $79,999||1,460||5.0%||$349|
|$80,000 to $89,999||2,521||8.0%||$396|
|$90,000 to $99,999||2,775||9.0%||$444|
|$100,000 to $124,999||6,227||22.0%||$515|
|$125,000 to $149,999||5,147||18.0%||$645|
|$150,000 to $174,999||3,763||13.0%||$763|
|$175,000 to $199,999||2,105||7.0%||$882|
|$200,000 to $249,999||1,652||5.0%||$1059|
|$250,000 to $299,999||890||3.0%||$1290|
|$300,000 to $399,999||453||1.0%||$1645|
|Home Insurance Company Near Greece, NY||Homeowners Insurance Agency Near Greece, NY||Address|
|Travelers||Quinton Insurance Protection Team||2700 ELMWOOD AVE STE B, ROCHESTER, NY, 14618|
|Travelers||Shepard Maxwell & Hale Agency Inc||2176 Lake Road, Hamlin, NY, 14464|
|Allstate||Tompkins Insurance Agencies, Inc. (Nunda)||25 State St, nunda, NY, 14517|
|Allstate||Antonio Gimmillaro||1709 Crittenden Rd, Rochester, NY, 14623|
|Travelers||D G & M Agency, Inc.||2480 BROWNCROFT BLVD STE 2A, ROCHESTER, NY, 14625|
|Streets in Greece Area||Homeowners Insurance Cost|
|Pearson Ln, Snowy Owl Ridge, Willowood Dr, Willis Ave, Visions Cir, Frisbee Hill Rd, Rose Dust Dr, Antonina Ln, Porter Ave, Valley Crest Rd||$593|
|Woodland Dr, Killarney Dr, Fair Lane Dr, Hallbar Rd, Somerworth Dr, Amy Ln, Creek Meadow Ln, Ridgecrest Rd, Ridgemar Rd, Gnage Ln||$591|
|Tanglewood Dr, Cross Creek Ln, Greenleaf Rd, Bancroft Dr, Kingsridge Ln, Harvest Dr, Parklands Dr, Boyd Dr, Stone Ridge Dr, Carrington Dr||$585|
|Alden Rd, Manitou Ln, Castle Grove Dr, Radford Way, Haddon Rd, Co Rd 132, Winesap Pt, W Hill Est, Falmouth St, Mann Rd||$592|
|Willowbrook Rd, Summit Hill Dr, Kingsberry Dr, Lambert Dr, Ripplewood Dr, Spring Tree Ln, Squareview Ln, Fireglow Ln, Meadow Creek Cir, Hillbridge Dr||$591|
|Evanwood Cir, 7th Ave, Crab Apple Ln, Marie Elaina Dr, Maylong Dr, Bonita Dr, Co Rd 130, Sierra Dr, Woodhill Dr, Whistlers Cove Ln||$598|
|Shore Acres Dr, Co Rd 264, Alps St, Bayberry Ln, Pond View Heights Rd, Crossroads Ln, Melwood Dr, Greymere Rd, Nymark Dr, Goethals Dr||$597|
|Ledgewood Cir, Old Stone Ln, Tree Line Dr, Dellwood Cir, Larkins Xing, Arcadia Pkwy, Treeline Dr, Craftwood Ln, Co Rd 126, Selkirk Dr||$591|
|Glenbriar Cir, Highrise Dr, Andover St, Parkside Ln, Crispin Ct, Collenton Dr, Mac Arthur Rd, Grecian Gardens Dr, Co Rd 140, Holyoke St||$584|
|Fleming Creek Cir, Greenleaf Rd, Glenn Abbey Cir, Tahoe Dr, la Verne Dr, Sara Minni Dr, Lake Meadow Dr, Shaemus Dr, Cragg Rd, Greenleaf Rd||$586|
|Place||Savings For Senior Occupied Homes|
|Greece||$88 to $90|
|Place||1 Car Bundle Savings On Insurance||2 Car Bundle Savings On Insurance||3 Car Bundle Savings On Insurance|
|Parma town, Monroe County, New York||$89||$118||$177|
|Hilton village, New York||$89||$118||$177|
|North Gates CDP, New York||$88||$117||$176|
|Place||Home insurance as a % of housing cost for homes with mortgage||Home insurance as a % of housing cost for homes without mortgage|
|Greece Home By Monthly Rent||Total Homes||% of Total||Estimated Monthly Income To Afford Rented House Including Renters Insurance|
|$200 to $299||179||1.0%||$797|
|$300 to $499||265||2.0%||$1247|
|$500 to $749||3,046||31.0%||$1922|
|$750 to $999||3,355||35.0%||$2672|
|$1,000 to $1,499||2,046||21.0%||$3797|
|$1,500 or more||636||6.0%||$5447|
|Low Deductible||High Deductible|
|Yearly Greece Homeowner Insurance Premium Example||$1,800||$1,300|
|Out of Pocket Expense During Claim||$600||$1,600|
|Total Home Insurance Premium for 3 years + Out of Pocket Expense for Claim||$6,000||$5,500|
|Net Savings to Greece Home Owner from High Deductible Plan||$500|
|Scenario||Greece, NY Home Replacement Value MORE than Home Value||Greece, NY Home Replacement Value LESS than Home Value|
|Insurance Premium based on Replacement Value||$1,725||$1,175|
|Risk Exposure from Under Insuring Coverage||Unnecessary Home Insurance Coverage of $37,500||Risk Exposure from Under Insuring Coverage is $19,000|
|Premium Impact||Insurance cheaper by $175/year||Insurance costlier by $375/year|
|Insurance Company||Amica Mutual Insurance Company||Chubb Group of Insurance||State Farm|
|Home Details||4 Beds, 2 Baths||2 Beds, 1 Baths||5 Beds, 4 Baths|
|Deductible||$500 Deductible||$1000-$2500 Deductible||> $10,000 Deductible|
|Year Built||Home Value||Roof Type||Sqft||Number of Bedrooms||Deductible||Premium||Premium Months||Siding Type||Smoker/Non Smoker|
|1980||200,000||Tile Roof||2,200||4||> $10,000 Deductible||1130||10||Fiber-Cement Siding||No|
|1967||140,000||Shingles Roof||1,960||4||$1000-$2500 Deductible||480||4||Fiber-Cement Siding||yes|
|1965||130,000||Slate Shingles Roof||1,390||2||$2500-$5000 Deductible||100||1||Vinyl siding||yes|
|1983||95,000||Membrane Roof||1,200||3||$500- $1000 Deductible||510||7||Wood siding||No|
|1973||110,000||Tile Roof||1,640||2||$500- $1000 Deductible||350||4||Wood siding||No|
|1977||140,000||Membrane Roof||2,060||3||$500 Deductible||630||4||Brick siding||No|
|1991||420,000||Wood Shake Roof||5,000||5||> $10,000 Deductible||1750||12||Fiber-Cement Siding||No|
|1962||120,000||Membrane Roof||1,430||2||$1000-$2500 Deductible||750||9||Stone Siding||yes|
|1998||455,000||Membrane Roof||4,750||5||$2500-$5000 Deductible||3420||12||Stucco siding||yes|
|1963||235,000||Asphalt Shingles Roof||3,290||4||$5000 to $10,000 Deductible||1400||12||Vinyl siding||No|
|1997||150,000||Composition Roof||1,690||4||$500- $1000 Deductible||880||6||Stucco siding||yes|
|1971||95,000||Metal Roof||1,200||3||$500 Deductible||500||8||Vinyl siding||No|
|1964||190,000||Shingles Roof||1,990||4||$5000 to $10,000 Deductible||600||7||Stone Siding||No|
|1975||155,000||Membrane Roof||2,130||3||$5000 to $10,000 Deductible||760||10||Wood siding||yes|
|1971||380,000||Asphalt Shingles Roof||4,960||5||$500 Deductible||2040||5||Stucco siding||yes|
|1993||345,000||Metal Roof||4,470||5||$500- $1000 Deductible||1760||7||Vinyl siding||yes|
|1982||130,000||Slate Shingles Roof||1,960||4||$1000-$2500 Deductible||600||6||Brick siding||yes|
|1987||90,000||Metal Roof||940||2||$500 Deductible||620||10||Stucco siding||No|
|1989||230,000||Composition Roof||3,260||4||$1000-$2500 Deductible||530||3||Vinyl siding||yes|
|1960||95,000||Composition Roof||1,130||2||$1000-$2500 Deductible||110||2||Brick siding||No|
|1975||150,000||Membrane Roof||2,050||3||$1000-$2500 Deductible||290||3||Stucco siding||No|
|1987||130,000||Slate Shingles Roof||1,970||4||$500- $1000 Deductible||410||3||Wood siding||yes|
|1965||85,000||Membrane Roof||960||2||$2500-$5000 Deductible||290||8||Stucco siding||No|
|1960||165,000||Membrane Roof||1,990||3||$500 Deductible||840||6||Stucco siding||No|
|1980||240,000||Wood Shake Roof||3,550||5||$1000-$2500 Deductible||1460||7||Stone Siding||No|
|1982||125,000||Wood Shake Roof||1,540||2||$500- $1000 Deductible||350||4||Vinyl siding||No|
|1990||150,000||Metal Roof||1,650||3||$500- $1000 Deductible||140||1||Stone Siding||No|
|1998||165,000||Slate Shingles Roof||1,920||5||$5000 to $10,000 Deductible||970||10||Fiber-Cement Siding||yes|
|1973||155,000||Composition Roof||1,670||3||$1000-$2500 Deductible||590||5||Vinyl siding||yes|
|1985||110,000||Wood Shake Roof||1,210||2||$1000-$2500 Deductible||240||3||Wood siding||No|
|1962||180,000||Composition Roof||2,220||3||$2500-$5000 Deductible||1540||12||Vinyl siding||No|
|1998||120,000||Wood Shake Roof||1,840||4||$500- $1000 Deductible||90||1||Vinyl siding||No|
|1986||185,000||Membrane Roof||2,010||3||$2500-$5000 Deductible||1410||10||Stucco siding||No|