Manchester ,NH 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 Manchester, NH 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 Manchester, NH is $929. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Manchester, NH. VHome Insurance will help you navigate the world of homeowners insurance coverages in Manchester, NH.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $372 |
| $200,000 | $632 |
| $300,000 | $780 |
| $400,000 | $1,189 |
| $500,000 | $1,496 |
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 Manchester, NH, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $953 |
| $1000 Deductible | $852 |
| $1500 Deductible | $804 |
| $2500 Deductible | $725 |
| $5000 Deductible | $613 |
| Home Insurance Company Near Manchester, NH | Homeowners Insurance Agency Near Manchester, NH | Address |
|---|---|---|
| Travelers | James Thomas Oconnell | 572 BOSTON ROAD UNIT 7, BILLERICA, MA, 1821 |
| Allstate | Poulos Ins Inc | 150 Main St, Alton, NH, 3809 |
| Travelers | The Insurance Center | 30 South Main Street, Newport, NH, 3773 |
| NA | K & K Insurance Agency Inc | 508 Westford St, Lowell, MA, 1851 |
| NA | William J Lynch Insurance Agency | 92 High Street, Danvers, MA, 1923 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| South Hooksett CDP, New Hampshire | $89 | $118 | $177 |
| Pinardville CDP, New Hampshire | $87 | $115 | $173 |
| Auburn town, Rockingham County, New Hampshire | $91 | $121 | $182 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Manchester, NH | 3.1% | 8.3% |
| South Hooksett | 2.49% | 8.23% |
| Pinardville | 3.35% | 7.66% |
| Auburn | 2.88% | 8.59% |
| Manchester Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 388 | 1.0% | $332 |
| $200 to $299 | 973 | 4.0% | $782 |
| $300 to $499 | 950 | 4.0% | $1232 |
| $500 to $749 | 2,313 | 10.0% | $1907 |
| $750 to $999 | 6,877 | 31.0% | $2657 |
| $1,000 to $1,499 | 8,402 | 38.0% | $3782 |
| $1,500 or more | 1,918 | 8.0% | $5432 |
| Streets in Manchester Area | Homeowners Insurance Cost |
|---|---|
| State Rte 28 Byp, Bosse Ave, Perimeter Rd, Wagner St, Merrill St, Red Coat Ln, Chapleau Ave, Tufts St, Gerard Dr, Long Pond Brook Way | $709 |
| Hazelton Ct, Congressional Ln, Leewood St, N Bay St, Shasta St, Harvell St, Canal St, Hamblet St, Hayward St, English Village Rd | $691 |
| Coolidge Ave, Karin St, Magnolia Rd, Mary Ann Rd, Paquette Ave, Fremont St, Mercier Ave, Shirley Hill Rd, Windflower Dr, Gertrude St | $717 |
| Garland Ave, Ferndale St, Cilley Rd, Ivywood Ln, Cutler Ln, Devco Dr, Hillside Ave, 7th Ave, Blossom St, Waldo St | $698 |
| Sylvan Ln, Watts St, Highland Ln, W Webster St, Kenney St, Liberty St, Wellington Rd, Salmon St, Tondreau Ct, S Taylor St | $703 |
| Esty Ave, Raymond St, Kalisz Ln, Purchase St, Haines Ct, Hoyt St, Warren St, S Beech St, Old Falls Rd, Ruth Ave | $692 |
| Alsace St, Vernon St, Manhattan Ln, Leclerc Cir, Bethel Ct, Greenfield St, Taylor St, Blackstone St, Morin St, Westland Ave | $688 |
| Constant St, Jewett St, Barrett St, Eagle Nest Way, Holt Ln, Ingalls St, Conant St, Bremer St, Garlact Ave, Arline St | $692 |
| Prince St, Dewey St, Youville St, Falcon Crest Way, Tennyson Dr, Alfred St, Bernice Ave, Moses St, Whitney Ave, Hamburg St | $701 |
| Readey St, Bildor Dr, Blackberry Way, Woodcrest Ct, Kenney St, Summerside Ave, Sunnyside St, Precourt St, Whalley Rd, Valley West Way | $702 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Manchester | $104 to $107 |
| South Hooksett | $106 |
| Pinardville | $104 |
| Auburn | $109 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $500 | $1,500 |
| Yearly Manchester Homeowner Insurance Premium Example | $1,400 | $1,200 |
| Out of Pocket Expense During Claim | $500 | $1,500 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $11,700 | $11,100 |
| Net Savings to Manchester Home Owner from High Deductible Plan | $600 | |
| Scenario | Manchester, NH Home Replacement Value MORE than Home Value | Manchester, NH Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $243,000 | $165,000 |
| Insurance Premium based on Replacement Value | $975 | $650 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $34,000 | Risk Exposure from Under Insuring Coverage is $44,000 |
| Premium Impact | Insurance cheaper by $175/year | Insurance costlier by $150/year |
| Insurance Company | GEICO Insurance | Travelers | Liberty Mutual |
| Monthly Premium | 58 | 86 | 139 |
| Year Built | 1961 | 1997 | 1943 |
| Home Details | 2 Beds, 1 Baths | 3 Beds, 2 Baths | 4 Beds, 2 Baths |
| Coverage Amount | $150000-$175000 | $200000-$250000 | $500000-$600000 |
| Deductible | $500 Deductible | $500 Deductible | $5000 to $10,000 Deductible |