Monmouth County Insurance Rates:

Monmouth County, NJ homeowners insurance is approximately $747 to $1,010, about $62-$84/month. Our exhaustive guide reveals consumers can save upto $351 by getting many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Average Cost of Homeowners Insurance in Monmouth County, NJ

The average cost of home insurance in Monmouth County, NJ, is $1279. Homeowners insurance is designed to protect you from the myriads that can damage your house from perils like wind/hail damage, fires, lightning, theft, and more. In addition, it covers injuries that occur on your property and lawsuits against you, such as someone suing you because they were hurt at your home. Homeowners in Monmouth County can also get additional coverage for certain disasters – like earthquakes or floods.

There's no such thing as being too careful when it comes to your home. So when it's time to get homeowners insurance, you want to make sure that you've taken every step possible to protect your most significant investment. When it's time to buy coverage, there are plenty of options. Choosing the insurance policy that's right for you is indeed a difficult task. Here are a few things to consider while searching for homeowners insurance in Monmouth County, NJ.

Cost of insurance based on the coverage level in Monmouth County, NJ

Coverage is the package that helps protect your home and other structures on your property against unexpected events. It is designed to ensure that your home, belongings, or other valuables are protected against damages and loss. The price may differ depending on the type of coverage opted by the homeowner. For example, homeowners paying a coverage of $200K pay $707 on home insurance in Monmouth County, NJ. Homeowners generally choose to pay coverage of $100K to $300K, which comes to $291 and $1327, respectively, in Monmouth County, NJ.

Average_Cost_of_Homeowners_Insurance_in_Monmouth_County_NJ

Cost of insurance based on the deductibles in Monmouth County, NJ

Your home insurance deductible plays an important role in paying claims, so homeowners must understand how they work to avoid any surprises. Your deductible is the amount you agree to pay out of pocket toward a claim before insurance will step in and pay the rest. For instance, let's say you have a house valued at $250,000, and you choose a $1,000 deductible. If your home is damaged by fire or lightning, you're on the hook for the $2,000 in costs. Here, $1000 will be paid by the homeowner as the portion of the deductible, and the other half,i.e., $1000, will be paid by the insurance provider. A higher deductible will get you discounts, but it is advised to choose a high deductible only if you can afford to pay in the time of need.

Homeowners who have opted for a low deductible of $500 pay $1264 on homeowners insurance in Monmouth County, NJ. In contrast, homeowners who opted for a high deductible of $2500 pay $919 on home insurance in Monmouth County, NJ.

Cost of insurance based on the age of the home in Monmouth County, NJ

If you have an older home, you may struggle to obtain cheap homeowners insurance in Monmouth County, NJ. Older houses may be more susceptible to unpredictable circumstances such as plumbing breakdowns, conflagration damages, and more. For example, homes older than 30 and 50 years pay $1299 and $1328, respectively, on homeowners insurance in Monmouth County, NJ. On the other hand, newly constructed homes are less prone to damage, and home insurance providers offer significant discounts to newly built homes. For instance, newly built homes in Monmouth County, NJ, can get lower insurance of $1011.

Monmouth County, NJ Homeowners Insurance By Home Value

Monmouth County, NJ Home Value Total Homes % of Total Average Monmouth County, NJ Homeowners Insurance
Less than $50,000 2,880 3.0% $52
$100,000 to $124,999 2,108 2.0% $237
$125,000 to $149,999 1,478 1.0% $298
$150,000 to $174,999 3,222 3.0% $351
$175,000 to $199,999 3,057 3.0% $404
$200,000 to $249,999 12,812 14.0% $492
$250,000 to $299,999 18,569 20.0% $606
$300,000 to $399,999 42,400 47.0% $764

Top Home Insurance Agents Near Monmouth County, NJ

Home Insurance Company Near Monmouth County, NJ Homeowners Insurance Agency Near Monmouth County, NJ Address
State Farm Ana Perez-Vukovic 444 Hempstead Tpke, W Hempstead, NY, 11552-1353
Liberty Mutual Independent Danskin Ins Agcy Inc 1937 STATE ROUTE 35, WALL TOWNSHIP, NJ, 7719
Travelers Gilsenan And Company Llp 213 E RIDGEWOOD AVE, RIDGEWOOD, NJ, 7450
Travelers Multi-Line Insurance Agency Inc 800 YONKERS AVE, YONKERS, NY, 10704
State Farm Pete Masterson 174 Hillside Ave Ste 3, Williston Pk, NY, 11596-1702

Monmouth County, NJ Home Insurance Agents for Top Companies


Cost Of Homeowners Insurance By Street Near Monmouth County, NJ

Streets in Monmouth County Area Homeowners Insurance Cost
Ferris Pl, River Ave, Crystal Pl, Fairfield Ave, Lee Ct, Doral Way, Roosevelt Cir W, Webster Dr, Jesse Dr, Rogers St$856
Arbor Dr, Marion Ct, Heyers Mill Rd, Prodeline Way, Co Rd 539, S Woodland Dr, Sharon Ln, Shetland Ave, Mercury St, Harvard Oval$934
Pittsfield Rd, Brixton Pl, Salinger Ct, Mercer Ave, Church Ln, Majestic Dr, Fairview Rd, Sandalwood Dr, Chatham Ave, N Lake Dr$872
Regina Dr, Escher Dr, Windswept Ln, Woodville Rd, Bow Ave, Roberta Dr, Queens Dr S, Arnold Blvd, Indian Trl, Hoover Rd$850
Wright Ln, Kinnoll Hill Ct, Oak Knoll Dr, Victoria Pl, Crowhill Ln, Wolcott Ct, Stage Coach Dr, Wyckoff Mills Rd, Eatontown Blvd, Bayview St$908
Jean Ter, Ellsworth St, Co Rd 27, Briarwood Ct, Buckley Rd, Amboy Rd, Eatoncrest Dr, Castlehill Dr, Wardell Cir, Riverside Dr$906
Osborn Ave, Queen Ann Dr, Elmwood Ct, E Church St, Okros Rd, Moore Rd, Wyandotte Ave, Hemlock Ct, Bingham Ave, Emory St$894
Flintlock Rd, Alpine Trl, Palmer Rd, Bar Harbor Rd S, Morningside Ave, Maplewood Dr, Reids Hill Rd, Delmonte Ln, Hidden Ark Rd, Hidden Brook Rd$865
Calder Ct, Linda Ln, Catherine Ave, Stockwell Ln, Forest St, Mill Ln, Joda Rd, Philips Ave, Bowen Ct, Sharon Dr$909
Totem Rd, Mendon Dr, 11th St, Shady Ln, Dennis St, Birch Blvd, Beechwood Ct, Parker Rd, Heritage Ct, Spyglass Hill Ct$913

Monmouth County, NJ Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Monmouth County$131 to $133
Colts Neck$149
Tinton Falls$128
Lincroft$139

Monmouth County, NJ Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Colts Neck township, Monmouth County, New Jersey $125 $166 $249
Tinton Falls borough, New Jersey $107 $143 $214
Lincroft CDP, New Jersey $117 $155 $233

Monmouth County, NJ 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
Monmouth County, NJ2.7%7.3%
Colts Neck2.17%8.31%
Tinton Falls2.95%10.01%
Lincroft2.51%7.76%

Monmouth County Renters Insurance as a Percentage of Rent

Monmouth County Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 690 1.0% $320
$200 to $299 1,856 3.0% $770
$300 to $499 2,293 4.0% $1220
$500 to $749 3,189 5.0% $1895
$750 to $999 8,340 15.0% $2645
$1,000 to $1,499 22,625 41.0% $3770
$1,500 or more 15,489 28.0% $5420

Latest Home Insurance Reviews by Location

Freehold, NJ

Travelers
Yes we would recommend this insurance company because it covered us when other companies were being extra conservative over features of the home that were beyond our power to control.
Read more Freehold home insurance reviews

Long Branch, NJ

Geico
I would recommend the company because I have had a positive experience with them for years. It makes me feel secure in my choice.
Read more Long Branch home insurance reviews

Howell, NJ

Farmer's Insurance
They aren't one of the big players. I don't know anything about them really. I would much rather bundle my home and car insurance together, but my car insurance doesn't do home insurance in Florida.
Read more Howell home insurance reviews

Marlboro, NJ

Aaa
I would recommend them on their low rates and communication. You also get cross over coverage for towing and roadside assistance. This two things make it a good company to go to.
Read more Marlboro home insurance reviews

Middletown, NJ

Progressive
I would recommend because of the great experience I have had from them. Great customer service down to the rates for car insurance and home insurance.
Read more Middletown home insurance reviews

Manalapan, NJ

Geico
Geico has always been good to me and Ive always used them. They have been very helpful for things such as windshield. Im sure they would be helpful in renters insurance.
Read more Manalapan home insurance reviews

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