Monroe, NC Home Insurance - Analysis On Quotes, Rates & Agents
Monroe Insurance Rates:
Monroe, NC homeowners insurance is roughly $508 to $689, about $42-$57/month. Our comprehensive guide indicates shoppers can save upto $239 by comparing multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Latest Home Insurance Reviews
Farmer's InsuranceI like that i can call my agent any time during the week and they will help out. they are willing to help you out when you have a brake in on the property and figure out what you need to do.
AllstateIt was a long wait over the phone. i wish that i could get access to a customer service representative faster when i need to speak with someone. the wait time was inconvenient for me and i had to make a new time to call in.
Frontline InsuranceGood customer service lower premium good payment plan deductible is within the policy is affordable prompt statement sent out with enough time to submit payment.
GeicoPremium is pretty steep, but all insurance is that way. I think the premium is worth ensuring that my home is safe. Personally, I trust my company so I would be okay with paying a higher premium for risk management I know I can trust.
ProgressiveI have never used the app, but use the website site constantly and have never had an issue finding what I need or navigating through.
TravelersThey are good when I need something taken care of. They seem to have an easy solution for everything. Quick claims and other stuff are a reason I won't leave them.
Monroe, NC Homeowners Insurance By Home Value
| Monroe, NC Home Value | Total Homes | % of Total | Average Monroe, NC Homeowners Insurance |
|---|---|---|---|
| Less than $50,000 | 717 | 6.0% | $95 |
| $60,000 to $69,999 | 198 | 1.0% | $251 |
| $70,000 to $79,999 | 407 | 3.0% | $287 |
| $80,000 to $89,999 | 409 | 3.0% | $329 |
| $90,000 to $99,999 | 456 | 3.0% | $365 |
| $100,000 to $124,999 | 1,710 | 14.0% | $425 |
| $125,000 to $149,999 | 1,812 | 15.0% | $533 |
| $150,000 to $174,999 | 1,887 | 16.0% | $628 |
| $175,000 to $199,999 | 1,409 | 12.0% | $724 |
| $200,000 to $249,999 | 1,467 | 12.0% | $874 |
| $250,000 to $299,999 | 533 | 4.0% | $1066 |
| $300,000 to $399,999 | 580 | 4.0% | $1353 |
Top Home Insurance Agents Near Monroe, NC
| Home Insurance Company Near Monroe, NC | Homeowners Insurance Agency Near Monroe, NC | Address |
|---|---|---|
| NA | Cabarrus Life Insurance & Realty | 832 Arbor St Ne , Concord, NC, 28025 |
| Allstate | Brad Smith | 9009 Albemarle Rd Ste 103, Charlotte, NC, 28227 |
| State Farm | Eric Satterfield | 200 N Dobys Bridge Rd Ste 140, Fort Mill, SC, 29715-2084 |
| State Farm | Mary Beth Ballantine Chfc | 1460 Dale Earnhardt Blvd, Kannapolis, NC, 28083 |
| Travelers | Pegram & Noyes | 4317 A WILKINSON BLVD, GASTONIA, NC, 28056 |
Cost Of Homeowners Insurance By Street Near Monroe, NC
| Streets in Monroe Area | Homeowners Insurance Cost |
|---|---|
| Brookforest Ln, State Rd 1621, Gourdvine Dr, Booker St, Monroe St, Walters St, L J Whitley Rd, Horton Ln, State Rd 1588, Damascus Dr | $586 |
| Hill St, Elizabeth Ave, Sadies Pl, State Rd 2145, State Rd 1001, Lancaster Ave, E Green St, Belton St, Fowler Secrest Rd, Hough St | $600 |
| Woodberry Dr, Autumn Woods Dr, Peachtree St, State Rd 1192, Witmore Rd, Sherwood Forest Dr, Red Cedar Ln, Georgia Ave, S Bragg St, Vance Pierce Rd | $594 |
| Sycamore Grove Rd, Monroe-Ansonville Rd, Plyler Rd, Benton Edwards Rd, State Rd 1765, State Rd 1511, State Rd 1528, State Rd 1955, State Rd 2100, Vander Ln | $589 |
| State Rd 1715, Gwyn St, Jordan Dr, Sinclair Dr, Buckboard Ln, Fort Clapsop Ct, Silver Run Dr, Penrose Ct, Lucy Short Cut Rd, State Rd 1740 | $608 |
| Beaver Dam Dr, State Rd 1962, Silver Glen Ln, Riggins Rd, White Store Pageland Rd, Will Helms Rd, E East Ave, State Rd 1943, Everette St, Melton Rd | $595 |
| Snake River Ct, Claude Austin Rd, Liberty Ln, Kathryn St, Parkwood School Rd, Eva Way, Sunlight Path Dr, Jones St, Helmsville Rd, Bougainvillea Ct | $597 |
| State Rd 1620, Kingstree Dr, Armfield Mill Rd, State Rd 1006, Vagabond Dr, State Rd 2102, Oak Dr, S Westover Dr, Burris St, State Rd 1164 | $598 |
| Station Dr, Clarence Secrest Rd, Courtney Store Rd, Cemetery Dr, Welsh St, N Crawford St, Ellis Griffin Rd, Presson Rd, Saddlebrook Dr, State Rd 1581 | $596 |
| State Rd 1960, Sanford Ln, Lynn St, Lanaken Ln, Quarry Rd, State Line Rd, Allibrook Way, Holly Tree Ln, Greenfield Dr, Williams Rd Exd | $597 |
Monroe, NC Home Insurance Savings For Senior Occupied Homes
| Place | Savings For Senior Occupied Homes |
|---|---|
| Monroe | $89 to $92 |
| Union County | $91 |
| Wingate | $88 |
| Unionville | $92 |
Monroe, NC Auto & Homeowners Insurance Bundling Discounts
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Union County, North Carolina | $77 | $102 | $153 |
| Wingate town, North Carolina | $74 | $99 | $148 |
| Unionville town, North Carolina | $77 | $102 | $153 |
Monroe, NC 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 |
|---|---|---|
| Monroe, NC | 3.9% | 12.1% |
| Union County | 3.39% | 12.37% |
| Wingate | 4.46% | 13.78% |
| Unionville | 3.77% | 13.93% |
Monroe Renters Insurance as a Percentage of Rent
| Monroe Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 248 | 4.0% | $777 |
| $300 to $499 | 187 | 3.0% | $1227 |
| $500 to $749 | 1,954 | 34.0% | $1902 |
| $750 to $999 | 1,984 | 35.0% | $2652 |
| $1,000 to $1,499 | 1,079 | 19.0% | $3777 |
| $1,500 or more | 134 | 2.0% | $5427 |
Monroe, NC Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,000 | $4,000 |
| Yearly Monroe Homeowner Insurance Premium Example | $1,500 | $1,000 |
| Out of Pocket Expense During Claim | $1,000 | $4,000 |
| Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $11,500 | $11,000 |
| Net Savings to Monroe Home Owner from High Deductible Plan | $500 | |
Monroe, NC Home Insurance Costs With Home Replacement Value Scenarios
| Scenario | Monroe, NC Home Replacement Value MORE than Home Value | Monroe, NC Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $203,500 | $116,000 |
| Insurance Premium based on Replacement Value | $1,000 | $575 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $43,000 | Risk Exposure from Under Insuring Coverage is $44,500 |
| Premium Impact | Insurance cheaper by $225/year | Insurance costlier by $200/year |
Example Monroe Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company | GEICO Insurance | Chubb Group of Insurance | State Farm |
| Monthly Premium | 67 | 128 | 187 |
| Year Built | 2014 | 1995 | 1971 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 3 Baths | 5 Beds, 4 Baths |
| Coverage Amount | $200000-$250000 | $250000-$300000 | $400000-$500000 |
| Deductible | $2500-$5000 Deductible | $500 Deductible | $500 Deductible |
Sample Home Insurance Rates for Monroe, NC from Consumer Reviews & Surveys
| Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
|---|---|---|---|---|---|---|---|---|---|
| 2014 | 145,000 | Composition Roof | 1,780 | 3 | $1000-$2500 Deductible | 400 | 10 | Fiber-Cement Siding | yes |
| 1973 | 140,000 | Tile Roof | 1,650 | 3 | $2500-$5000 Deductible | 310 | 8 | Stone Siding | yes |
| 2014 | 175,000 | Slate Shingles Roof | 1,800 | 4 | $1000-$2500 Deductible | 640 | 10 | Vinyl siding | No |
| 1982 | 190,000 | Asphalt Shingles Roof | 2,180 | 4 | $5000 to $10,000 Deductible | 60 | 1 | Stucco siding | No |
| 2010 | 150,000 | Shingles Roof | 1,540 | 3 | $1000-$2500 Deductible | 400 | 8 | Brick siding | yes |
| 2013 | 400,000 | Wood Shake Roof | 4,580 | 5 | $5000 to $10,000 Deductible | 230 | 3 | Wood siding | No |
| 1973 | 225,000 | Wood Shake Roof | 2,320 | 3 | $5000 to $10,000 Deductible | 250 | 5 | Brick siding | No |
| 1988 | 160,000 | Metal Roof | 1,830 | 4 | $500- $1000 Deductible | 280 | 4 | Fiber-Cement Siding | yes |
| 1986 | 345,000 | Shingles Roof | 3,300 | 5 | $2500-$5000 Deductible | 700 | 8 | Vinyl siding | No |
| 1995 | 165,000 | Composition Roof | 1,750 | 5 | $500 Deductible | 710 | 10 | Stucco siding | No |
| 1985 | 320,000 | Slate Shingles Roof | 4,180 | 5 | $2500-$5000 Deductible | 500 | 5 | Stone Siding | No |
| 1993 | 150,000 | Wood Shake Roof | 1,630 | 3 | $500 Deductible | 640 | 10 | Stucco siding | No |
| 2006 | 150,000 | Wood Shake Roof | 2,000 | 4 | $2500-$5000 Deductible | 340 | 8 | Wood siding | yes |
| 2014 | 170,000 | Metal Roof | 2,120 | 5 | $2500-$5000 Deductible | 110 | 2 | Vinyl siding | yes |
| 2009 | 175,000 | Wood Shake Roof | 1,890 | 3 | $2500-$5000 Deductible | 410 | 6 | Wood siding | yes |
| 1972 | 300,000 | Metal Roof | 3,280 | 5 | > $10,000 Deductible | 400 | 6 | Fiber-Cement Siding | yes |
| 1980 | 305,000 | Slate Shingles Roof | 3,140 | 5 | $2500-$5000 Deductible | 760 | 10 | Fiber-Cement Siding | yes |
| 1987 | 105,000 | Composition Roof | 1,240 | 3 | $500 Deductible | 270 | 5 | Vinyl siding | No |
| 2008 | 440,000 | Wood Shake Roof | 4,470 | 5 | $500- $1000 Deductible | 1000 | 4 | Vinyl siding | No |
| 1973 | 185,000 | Membrane Roof | 1,850 | 3 | $500- $1000 Deductible | 180 | 3 | Wood siding | yes |
| 1992 | 380,000 | Asphalt Shingles Roof | 3,470 | 5 | $2500-$5000 Deductible | 670 | 7 | Stone Siding | No |
| 1980 | 310,000 | Slate Shingles Roof | 2,800 | 4 | $1000-$2500 Deductible | 970 | 9 | Stucco siding | No |
| 1974 | 200,000 | Metal Roof | 2,200 | 3 | $1000-$2500 Deductible | 250 | 4 | Stucco siding | No |
| 1970 | 275,000 | Tile Roof | 2,500 | 4 | $500- $1000 Deductible | 730 | 7 | Brick siding | yes |
| 2001 | 160,000 | Shingles Roof | 1,950 | 3 | $2500-$5000 Deductible | 400 | 9 | Fiber-Cement Siding | yes |
| 2005 | 180,000 | Wood Shake Roof | 1,670 | 5 | $500- $1000 Deductible | 300 | 3 | Stone Siding | yes |
| 1997 | 190,000 | Tile Roof | 1,700 | 4 | $1000-$2500 Deductible | 240 | 3 | Stucco siding | yes |
| 1992 | 470,000 | Metal Roof | 4,610 | 5 | $500 Deductible | 3180 | 12 | Vinyl siding | No |