Hagerstown, MD homeowners insurance is approximately $573 to $776, about $47-$64/month. Our comprehensive analysis reveals consumers can save as much as $270 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
| Home Insurance Company Near Hagerstown, MD | Homeowners Insurance Agency Near Hagerstown, MD | Address |
|---|---|---|
| Travelers | Hri Associates | 718 PINE STREET, HERNDON, VA, 20170 |
| Erie | J P Wolfe Insurance Inc. | 96 S High Street, Newville, PA, 17241 |
| State Farm | Matt Owens | 18022 Maugans Ave, Hagerstown, MD, 21740-1661 |
| State Farm | Ryan Moorhart | 15805 Crabbs Branch Way, Rockville, MD, 20855-2635 |
| State Farm | Vince Mamone Jr | 3 College Ave Ste 7, Frederick, MD, 21701-4824 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Funkstown town, Maryland | $85 | $113 | $169 |
| Halfway CDP, Maryland | $85 | $113 | $170 |
| Paramount-Long Meadow CDP, Maryland | $89 | $118 | $177 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Hagerstown, MD | 3.8% | 12.7% |
| Funkstown | 3.6% | 14.81% |
| Halfway | 3.87% | 13.85% |
| Paramount-Long Meadow | 3.25% | 10.39% |
| Hagerstown Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 204 | 2.0% | $347 |
| $200 to $299 | 514 | 5.0% | $797 |
| $300 to $499 | 973 | 10.0% | $1247 |
| $500 to $749 | 2,505 | 26.0% | $1922 |
| $750 to $999 | 2,679 | 28.0% | $2672 |
| $1,000 to $1,499 | 1,960 | 21.0% | $3797 |
| $1,500 or more | 452 | 4.0% | $5447 |
| Streets in Hagerstown Area | Homeowners Insurance Cost |
|---|---|
| Jackson Ave, Rhododendron Dr, W Oak Ridge Rd Exd, Charlton Ct, Sumans Ave, Redwood Cir, Rambling Pines Pl, Bradford Dr, Resh Rd, Breccia Way | $683 |
| Wolf Ln, Cushwas Aly, Lakeview Dr, Longfellow Ct, Red Oak Dr, East Ave, Westport Dr, Beard Spr, Blake Rd, Kenwood Dr | $689 |
| Railway Ln, N Mulberry St, N Walnut St, Kialani Dr, Kuhn Ave, Sheridan Ave, Mahogany Cir, Fairchild Ave, Fawnbridge Dr, Buttercup Dr | $700 |
| N Prospect St, Pulaski Dr, Mill St, Olivine Ct, Flaherty Ln, Market Pl, Mimosa Ct, Crest View Rd, Green Valley Dr, Cottonwood Dr | $667 |
| Independence Rd, Cherry Tree Cir, Spruce St, W Cemetery St, View St, Capstone Dr, Knotty Pine Dr, Brinker, Rock Maple Dr, Village Pl | $706 |
| Pheasant Trl, E Baltimore St, Doub Way, Woodlawn Dr, Northaven St, Kellys Ln, Queen Annes Ct, Steven Ave, Pauline St, Gentry Dr | $701 |
| Pikeside Dr, Hays Aly, Walnut Ln, Sherman Ave, Memorial Blvd E, Summit Ave, Cedarfield Rd, Mitchell Ave, Foxleigh Ct, Guilford Ave | $664 |
| Lava Ct, Woodvale Ct, Pickwick Ln, Dam Number 5 Rd, Garnette Ave, W Antietam St, Longview Dr, W Chestnut St, E Irvin Ave, Postrider Ct | $688 |
| Memorial Blvd E, Edgewood Hill Cir, Sapphire Dr, Rabbit Ct, Leon Grimm Dr, Oxford Cir, Hager St, Dartmouth Rd, Meadow View Dr, Summit Ave | $676 |
| Sparrow Ln, Berger Ave, Dundee Ct, Linden Ave, Cortland Dr, Weaver Ave, Professional Ct, Adams Ave, State Hwy 57, W Wilson Blvd | $687 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Hagerstown | $100 to $103 |
| Funkstown | $101 |
| Halfway | $102 |
| Paramount-Long Meadow | $106 |
| Home Value ($) | Deductible ($) | Construction Type | Age of Home (Years) | Company | Premium ($) |
|---|---|---|---|---|---|
| 240,000 | 500 | Frame | 65 | American Strategic Insurance Corp. | 1,064 |
| 290,000 | 1,000 | Masonry | 55 | Brethren Mutual Insurance Co. | 486 |
| 190,000 | 500 | Frame | 75 | Chubb National Insurance Co. | 937 |
| 240,000 | 500 | Frame | 65 | Cincinnati Insurance Co. | 897 |
| 240,000 | 500 | Frame | 65 | Esurance Insurance Co. | 698 |
| 290,000 | 1,000 | Masonry | 55 | Farmers Mutual Fire Ins. Co. Of Salem Cty | 794 |
| 290,000 | 1,000 | Masonry | 55 | Horace Mann Insurance Co. | 795 |
| 340,000 | 1,000 | Frame | 15 | Penn National Insurance Co. | 801 |
| 340,000 | 1,000 | Frame | 15 | Praetorian Insurance Co. | 872 |
| 240,000 | 500 | Frame | 65 | Unitrin Direct Property & Casualty Co. | 975 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $700 | $1,700 |
| Yearly Hagerstown Homeowner Insurance Premium Example | $1,300 | $800 |
| Out of Pocket Expense During Claim | $700 | $1,700 |
| Total Home Insurance Premium for 3 years + Out of Pocket Expense for Claim | $4,600 | $4,100 |
| Net Savings to Hagerstown Home Owner from High Deductible Plan | $500 | |
| Scenario | Hagerstown, MD Home Replacement Value MORE than Home Value | Hagerstown, MD Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $340,000 | $208,000 |
| Insurance Premium based on Replacement Value | $2,000 | $1,225 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $55,500 | Risk Exposure from Under Insuring Coverage is $76,500 |
| Premium Impact | Insurance cheaper by $450/year | Insurance costlier by $325/year |
| Insurance Company | Amica Mutual Insurance Company | Travelers | Erie Insurance |
| Monthly Premium | 75 | 52 | 58 |
| Year Built | 1955 | 1941 | 2011 |
| Home Details | 2 Beds, 1 Baths | 3 Beds, 2 Baths | 4 Beds, 3 Baths |
| Coverage Amount | $150000-$175000 | $175000-$200000 | $150000-$175000 |
| Deductible | $500- $1000 Deductible | $5000 to $10,000 Deductible | $500- $1000 Deductible |