Jamestown, NY Home Insurance - Analysis On Quotes, Rates & Agents
Jamestown Insurance Rates:
Jamestown, NY homeowners insurance is approximately $493 to $667, about $41-$55/month. Our thorough research reveals consumers can save as much as $232 by comparing many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Tips to Reduce your Home Insurance in Jamestown, NY
Jamestown, NY, is one of the affordable places in the U.S. It is home to around 31,014 new yorkers. Even with its captivating view, residents of Jamestown can witness a noticeable number of burglaries and thefts in the town. Therefore, residents of Jamestown should take security measures to ensure their valuable property is protected from the potential threat of theft. The average cost of homeowners insurance in Jamestown, NY, is $603. Here are a few tips to get further discounts on your home insurance in Jamestown, NY.
a. By choosing a higher deductible
Homeowners in Jamestown can reduce their premiums by opting for a higher deductible. Most times, homeowners are not very much familiar with the concept of deductibles in home insurance. A deductible is the amount of money you agree to pay before you can make a claim with your provider.
In Jamestown, homeowners paying a deductible of 1500 and 2000 pay a premium of $508 and $461. In contrast, homeowners paying a deductible of 500 and 1000 pay $596 and $539, respectively. Therefore, the higher the deductible, the lower the premium.
Refer to the chart below to know the amount paid by the homeowners in Jamestown for different deductibles.
b. By installing security features
Homeowners in Jamestown can avail exclusive discounts for installing security features at home. For instance, a burglar alarm system is a tool to deter burglars and keep your home and belongings safe. Suppose a burglar attempts to pry open a window, door, or any other easy entry point to get into your building, the security system alerts officials who will be able to respond immediately. This decreases the risk of theft or burglary. In such cases, insurance providers charge lower premiums.
Residents who have installed security features like deadbolts and smoke detectors pay $555 and $531, respectively. Homeowners with fire alarms and sprinkler systems at home pay $561 and $537, respectively.
c. By maintaining a zero claims history
Homeowners in Jamestown can reduce their home insurance premiums by maintaining a zero claim history. Homeowners must avoid filing claims for petty problems, for instance, minute water leakage, shifting of foundation, wall cracks, etc. The more claims you file, the higher your premium will be next year when you renew your policy.
By providing a history of zero claims, homeowners in Jamestown, NY, have to pay a premium of $524.61, where the discount is $78.39. In contrast, policyholders with one and two claims have to pay a premium of $633.15 and $687.42, respectively.
Jamestown, NY Homeowners Insurance By Home Value
| Jamestown, NY Home Value | Total Homes | % of Total | Average Jamestown, NY Homeowners Insurance |
|---|---|---|---|
| Less than $50,000 | 1,980 | 29.0% | $226 |
| $50,000 to $59,999 | 1,023 | 15.0% | $475 |
| $60,000 to $69,999 | 1,081 | 16.0% | $591 |
| $70,000 to $79,999 | 808 | 11.0% | $684 |
| $80,000 to $89,999 | 560 | 8.0% | $777 |
| $90,000 to $99,999 | 334 | 4.0% | $864 |
| $100,000 to $124,999 | 402 | 5.0% | $1003 |
| $125,000 to $149,999 | 99 | 1.0% | $1252 |
| $150,000 to $174,999 | 112 | 1.0% | $1484 |
| $175,000 to $199,999 | 127 | 1.0% | $1711 |
| $200,000 to $249,999 | 103 | 1.0% | $2059 |
Top Home Insurance Agents Near Jamestown, NY
| Home Insurance Company Near Jamestown, NY | Homeowners Insurance Agency Near Jamestown, NY | Address |
|---|---|---|
| Erie | Calvert Pearson Insurance Group | 712 Pa Avenue W, Warren, PA, 16365 |
| Allstate | Edwards Ins Agy Inc | 9 E Main St, Panama, NY, 14767 |
| State Farm | Mathew Phillips | 1703 W 26th St, Erie, PA, 16508-1233 |
| Allstate | The Evans Agency | 6834 Erie Rd, Derby, NY, 14047 |
| State Farm | Todd Powers | 4532 Peach St, Erie, PA, 16509-1320 |
Jamestown, NY Home Insurance Agents for Top Companies
Jamestown, NY Auto & Homeowners Insurance Bundling Discounts
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Celoron village, New York | $86 | $115 | $173 |
| Jamestown West CDP, New York | $88 | $117 | $176 |
| Ellicott town, Chautauqua County, New York | $87 | $116 | $174 |
Jamestown, NY Area Home Insurance as a % of Housing Cost
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Jamestown, NY | 5.3% | 11.5% |
| Celoron | 6.75% | 14.04% |
| Jamestown West | 4.73% | 12.43% |
| Ellicott | 4.84% | 11.84% |
Jamestown Renters Insurance as a Percentage of Rent
| Jamestown Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 125 | 1.0% | $353 |
| $200 to $299 | 404 | 6.0% | $803 |
| $300 to $499 | 1,765 | 27.0% | $1253 |
| $500 to $749 | 2,871 | 44.0% | $1928 |
| $750 to $999 | 949 | 14.0% | $2678 |
| $1,000 to $1,499 | 216 | 3.0% | $3803 |
| $1,500 or more | 152 | 2.0% | $5453 |
Jamestown, NY Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,500 | $2,500 |
| Yearly Jamestown Homeowner Insurance Premium Example | $900 | $700 |
| Out of Pocket Expense During Claim | $1,500 | $2,500 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $8,700 | $8,100 |
| Net Savings to Jamestown Home Owner from High Deductible Plan | $600 | |
Jamestown, NY Home Insurance Costs With Home Replacement Value Scenarios
| Scenario | Jamestown, NY Home Replacement Value MORE than Home Value | Jamestown, NY Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $43,500 | $33,500 |
| Insurance Premium based on Replacement Value | $375 | $275 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $5,000 | Risk Exposure from Under Insuring Coverage is $5,000 |
| Premium Impact | Insurance cheaper by $50/year | Insurance costlier by $50/year |
Example Jamestown Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company | Nationwide Insurance | Liberty Mutual | State Farm |
| Monthly Premium | 66 | 47 | 115 |
| Year Built | 1961 | 1948 | 1948 |
| Home Details | 5 Beds, 3 Baths | 2 Beds, 1 Baths | 4 Beds, 3 Baths |
| Coverage Amount | $100000-$125000 | $50000-$75000 | $150000-$175000 |
| Deductible | $2500-$5000 Deductible | $500- $1000 Deductible | $1000-$2500 Deductible |
Sample Home Insurance Rates for Jamestown, NY from Consumer Reviews & Surveys
| Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
|---|---|---|---|---|---|---|---|---|---|
| 1967 | 265,000 | Asphalt Shingles Roof | 4,600 | 5 | $500- $1000 Deductible | 1130 | 7 | Vinyl siding | yes |
| 1961 | 115,000 | Wood Shake Roof | 2,260 | 3 | $500- $1000 Deductible | 210 | 3 | Fiber-Cement Siding | No |
| 1963 | 110,000 | Shingles Roof | 1,850 | 3 | $500 Deductible | 810 | 9 | Stone Siding | yes |
| 1949 | 150,000 | Slate Shingles Roof | 2,360 | 4 | $1000-$2500 Deductible | 200 | 2 | Stucco siding | yes |
| 1947 | 70,000 | Asphalt Shingles Roof | 1,250 | 3 | $500 Deductible | 400 | 6 | Vinyl siding | No |
| 1949 | 140,000 | Composition Roof | 2,610 | 4 | $1000-$2500 Deductible | 470 | 4 | Brick siding | yes |
| 1942 | 105,000 | Composition Roof | 1,980 | 4 | $500 Deductible | 390 | 5 | Fiber-Cement Siding | yes |
| 1949 | 135,000 | Composition Roof | 2,740 | 5 | $1000-$2500 Deductible | 470 | 4 | Stone Siding | yes |
| 1942 | 80,000 | Tile Roof | 1,710 | 2 | $500 Deductible | 650 | 9 | Vinyl siding | No |
| 1962 | 150,000 | Metal Roof | 2,580 | 4 | $500- $1000 Deductible | 1260 | 12 | Wood siding | yes |
| 1969 | 190,000 | Membrane Roof | 3,810 | 5 | $5000 to $10,000 Deductible | 640 | 6 | Stone Siding | No |
| 1962 | 85,000 | Wood Shake Roof | 1,460 | 2 | $1000-$2500 Deductible | 390 | 5 | Vinyl siding | yes |
| 1942 | 80,000 | Metal Roof | 1,250 | 3 | $500 Deductible | 490 | 6 | Wood siding | yes |
| 1945 | 135,000 | Composition Roof | 2,950 | 5 | $2500-$5000 Deductible | 80 | 1 | Brick siding | yes |
| 1949 | 100,000 | Slate Shingles Roof | 1,660 | 4 | $1000-$2500 Deductible | 440 | 6 | Stone Siding | yes |
| 1962 | 105,000 | Slate Shingles Roof | 1,840 | 4 | $500 Deductible | 560 | 5 | Wood siding | No |
| 1948 | 65,000 | Wood Shake Roof | 1,300 | 3 | $2500-$5000 Deductible | 360 | 9 | Vinyl siding | No |
| 1944 | 160,000 | Tile Roof | 2,930 | 5 | $1000-$2500 Deductible | 420 | 3 | Brick siding | yes |
| 1948 | 80,000 | Composition Roof | 1,700 | 2 | $1000-$2500 Deductible | 430 | 6 | Stone Siding | No |
| 1961 | 195,000 | Slate Shingles Roof | 3,100 | 4 | $500 Deductible | 1500 | 9 | Stucco siding | yes |
| 1947 | 105,000 | Asphalt Shingles Roof | 1,720 | 2 | $2500-$5000 Deductible | 460 | 8 | Stone Siding | No |
| 1967 | 130,000 | Wood Shake Roof | 2,430 | 4 | $1000-$2500 Deductible | 1130 | 10 | Vinyl siding | No |
| 1945 | 115,000 | Slate Shingles Roof | 2,430 | 4 | $2500-$5000 Deductible | 250 | 3 | Stucco siding | No |
| 1947 | 115,000 | Composition Roof | 1,890 | 5 | $1000-$2500 Deductible | 500 | 5 | Stone Siding | yes |
| 1946 | 260,000 | Slate Shingles Roof | 4,670 | 5 | $5000 to $10,000 Deductible | 1520 | 10 | Fiber-Cement Siding | yes |
| 1941 | 170,000 | Tile Roof | 2,820 | 5 | $500- $1000 Deductible | 200 | 2 | Fiber-Cement Siding | yes |
| 1968 | 50,000 | Membrane Roof | 1,000 | 2 | $500- $1000 Deductible | 250 | 6 | Brick siding | No |
| 1940 | 190,000 | Membrane Roof | 4,100 | 5 | $500- $1000 Deductible | 1740 | 9 | Fiber-Cement Siding | No |
| 1945 | 215,000 | Composition Roof | 3,880 | 5 | $500- $1000 Deductible | 760 | 7 | Brick siding | No |
| 1966 | 195,000 | Membrane Roof | 4,280 | 5 | $1000-$2500 Deductible | 280 | 2 | Stucco siding | yes |
| 1940 | 75,000 | Composition Roof | 1,150 | 2 | $500- $1000 Deductible | 390 | 9 | Wood siding | yes |
| 1968 | 55,000 | Composition Roof | 1,210 | 3 | $500 Deductible | 100 | 2 | Wood siding | yes |
| 1965 | 140,000 | Shingles Roof | 2,370 | 3 | $500- $1000 Deductible | 1130 | 10 | Vinyl siding | yes |
| 1948 | 120,000 | Tile Roof | 2,230 | 4 | $1000-$2500 Deductible | 190 | 2 | Stone Siding | No |
Latest Home Insurance Reviews
State FarmOur claim was settled quickly and our premium went up a little but that was also at the time of Hurricanes and floods so they may have spread it out to everyone.
Erie InsuranceErie has been consistently the best price for home insurance over the last 20 years; we have checked. In addition, we do not get a surcharge for our first claim as with other home insurance policies.
UsaaI am very satisfied with my homeowner's insurance.I have never had to file a claim, they went the extra mile to make sure my home is covered and I am completely confident they will assist if I do have an issue.
State FarmI would recommend State farm because they are loyal. They have been around for years and have great customer service and quick turn around on claims. I rate them a 5. I am completely satisfied.
Homesite InsuranceI am completely satisfied with Homesite, which is my home insurance provider. They are less costly than many other companies while providing the same amount of quality.
Liberty MutualI think that the premium and deductibles I have are pretty much in line with other companies. I have received quotes from those other companies and they generally are around the same price, give or take a few dollars.
ProgressiveI suppose I have about average policy offerings. I chose this policy as it was significantly cheaper than some of the previous plans I had, though the offerings were comparable.
Farmer's InsuranceOur homeowners insurance policy has great premiums and our deductibles are reasonable compared to other insurance companies in our area.
State FarmI thought the company was fair with their pricing and was quick to fix the issue. With State Farm the insurance costs more than other companies, but it is worth it for what you get.
Farmer's InsuranceThey always greet me nicely when i come into the store to pay for my bills and such. good employees there.
Erie InsuranceOne thing i do not like about my insurance company is the fact that i only hear from them when it's not for renewal.
Safeco InsuranceI have been a customer of safeco for about twenty years now and have always been completely satisfied with the level of their efficiency and service. they have always been fair and honest with me and their rates have been quite reasonable.
UsaaOur premium has doubled in the past 2 years but is still comparatively lower than premiums with other insurance companies, which is the only reason we have not switched to a different company.
State Farmthe interaction I have with state farm is great and always friendly everything I call then to ask questions my insurance needs
Erie InsuranceI like that the claims process is quick. I like that the company sends a magazine with useful information. I am happy with the friendly agents.
UsaaI enjoy the vast array of options this company has to offer from life insurance to vehicle, renters, homeowners and much more. They even offer mortgage lending and auto as well. I use them for investing as well, I have purchased both stock and mutual funds through them.
AllstateAlthough other companies have lower premiums, I trust this company, I’ve been with this company for years, and the rates are lower when bundled together.
AmeripriseOur agent Derrick was very understanding and helpful. Answered all our questions and gave us the best price.