Montgomery Village Insurance Rates:

Montgomery Village, MD homeowners insurance is roughly $601 to $815, about $50-$67/month. Our extensive research indicates shoppers can save upto $283 by comparing multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

All State
I like that my insurance company updates me on my policy frequently. they often send me updates via the email and to my email account. these updates relate to changes in coverage, price changes, and updates to their company.
Nationwide
One thing i don't like about nationwide is that they raise my rates every single year. my coverage doesn't increase, only my rates.
Geico
Very affordable and competitive in pricing, and they were by far the cheapest company around for us. we save hundreds of dollars a year with them.

Montgomery Village, MD Homeowners Insurance By Home Value

Montgomery Village, MD Home Value Total Homes % of Total Average Montgomery Village, MD Homeowners Insurance
$100,000 to $124,999 301 4.0% $269
$125,000 to $149,999 310 4.0% $332
$150,000 to $174,999 586 8.0% $396
$175,000 to $199,999 661 10.0% $460
$200,000 to $249,999 1,232 18.0% $552
$250,000 to $299,999 1,371 21.0% $672
$300,000 to $399,999 1,872 28.0% $856

Top Home Insurance Agents Near Montgomery Village, MD

Home Insurance Company Near Montgomery Village, MD Homeowners Insurance Agency Near Montgomery Village, MD Address
NA Arndt-Mcbee Insurance Agency, Inc. 59 Ruland Road, Unit G Kearneysville, Martinsburg, WV, 25430
Travelers Advantage Group Inc 103 S CRAIN HWY, GLEN BURNIE, MD, 21061
Liberty Mutual Kwame Dubois 1620 L Street Nw Suite 100, Washington, DC, 20036
State Farm Melanie Cook 1201 Eastern Blvd, Essex, MD, 21221-3422
Nationwide William L. Gregg 9015 Woodyard Rd Ste 208, Clinton, MD, 20735-4209

Cost Of Homeowners Insurance By Street Near Montgomery Village, MD

Streets in Montgomery Village Area Homeowners Insurance Cost
Bitterfield Ct, Falling River, Aspenwood Pl, Rhodes Way, Stedmall Ct, Winery Ct, Boysenberry Way, Keymar Way, Lost Knife Cir, Tygart Ln$727
Addenbrook Way, Amboy Rd, Judge Pl, Bremerton Way, Fifeshire, Cessna Ct, Gentle Way, Highland Hall Dr, Welbeck Ct, Meadow Fence Rd$704
Tambay Ct, Mastenbrook Pl, Kilcreggan Way, Greenside Ter, Harron Valley Way, Wild Ginger Pl, Silverfield Cir, Odendhal Ave, Seneca Ridge Dr, Giantstep Pl$715
Broadwater Way, Jericho Dr, Sailfish Ter, Otter Cove Ct, Strath-Haven Dr, Canadian Ct, Orbit Dr, Watkins Station Cir, Knoll Mist Ln, Mercado Way$697
Feathertree Way, Fawn Vista Way, Rainbowview Ter, Stewartown Ter, Oak Bluff Dr, Brassie Pl, Desoto Ct, Stalvey Hill, Travis Ln, Boulder Ridge Way$729

Montgomery Village, MD Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Montgomery Village$105 to $108
Germantown$107
Montgomery County$112
Laytonsville$115

Montgomery Village, MD Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Germantown CDP, Maryland $90 $119 $179
Montgomery County, Maryland $94 $125 $188
Washington Grove town, Maryland $94 $125 $187

Montgomery Village, MD 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
Montgomery Village, MD2.9%10.1%
Germantown2.67%10.39%
Montgomery County2.43%8.18%
Washington Grove2.65%8.68%

Montgomery Village Renters Insurance as a Percentage of Rent

Montgomery Village Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$500 to $749 53 1.0% $1906
$750 to $999 206 6.0% $2656
$1,000 to $1,499 1,583 50.0% $3781
$1,500 or more 1,256 39.0% $5431

Average Cost Of Home Insurance By Company In Areas Nearby Montgomery Village For Different Scenarios

Home Value ($) Deductible ($) Construction Type Age of Home (Years) Company Premium ($)
400,000 1,000 Masonry 15 Allstate Vehicle & Property Insurance Co. 917
450,000 1,000 Frame 10 Erie Insurance Co. 1,143
350,000 500 Frame 25 Lm Insurance Corp. 993
300,000 500 Frame 35 Safeco Insurance Co. Of America 562
400,000 1,000 Masonry 15 Safeco Insurance Co. Of America 787
350,000 500 Frame 25 Selective Ins. Co. Of South Carolina 1,112
350,000 500 Frame 25 Standard Guaranty Insurance Co. 3,121
300,000 500 Frame 35 State Auto Property & Casualty Ins. Co. 887
450,000 1,000 Frame 10 Travelers Home & Marine Insurance Co. 833
450,000 1,000 Frame 10 Unitrin Direct Property & Casualty Co. 1,356

Montgomery Village, MD Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,900$2,900
Yearly Montgomery Village Homeowner Insurance Premium Example $700$500
Out of Pocket Expense During Claim$1,900$2,900
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $7,500$6,900
Net Savings to Montgomery Village Home Owner from High Deductible Plan $600

Montgomery Village, MD Home Insurance Costs With Home Replacement Value Scenarios

Scenario Montgomery Village, MD Home Replacement Value MORE than Home Value Montgomery Village, MD Home Replacement Value LESS than Home Value
Replacement Value $367,500 $219,500
Insurance Premium based on Replacement Value $1,575 $950
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $77,000 Risk Exposure from Under Insuring Coverage is $71,000
Premium Impact Insurance cheaper by $300/year Insurance costlier by $325/year

Example Montgomery Village Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company TravelersAmica Mutual Insurance CompanyState Farm
Monthly Premium 348378
Year Built 199420031983
Home Details 5 Beds, 2 Baths4 Beds, 1 Baths3 Beds, 1 Baths
Coverage Amount $175000-$200000$350000-$400000$200000-$250000
Deductible > $10,000 Deductible> $10,000 Deductible$500 Deductible

Sample Home Insurance Rates for Montgomery Village, MD from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1995 210,000 Tile Roof 1,270 3 $500- $1000 Deductible 690 9 Fiber-Cement Siding yes
1984 215,000 Asphalt Shingles Roof 1,770 3 $5000 to $10,000 Deductible 560 10 Brick siding No
1989 220,000 Metal Roof 1,610 2 $500- $1000 Deductible 120 2 Wood siding yes
2007 330,000 Slate Shingles Roof 1,950 3 $1000-$2500 Deductible 510 5 Stucco siding yes
1980 395,000 Tile Roof 2,840 5 $5000 to $10,000 Deductible 100 1 Vinyl siding No
1998 365,000 Wood Shake Roof 2,620 4 $5000 to $10,000 Deductible 260 3 Stone Siding yes
1985 270,000 Tile Roof 1,710 3 $500- $1000 Deductible 410 4 Stone Siding No
1990 290,000 Tile Roof 1,620 2 $2500-$5000 Deductible 140 2 Brick siding yes
1990 280,000 Tile Roof 1,600 2 > $10,000 Deductible 340 6 Brick siding No
1992 210,000 Tile Roof 1,490 2 $5000 to $10,000 Deductible 460 6 Fiber-Cement Siding No
2003 480,000 Tile Roof 2,860 4 > $10,000 Deductible 140 2 Stone Siding No
1984 255,000 Composition Roof 1,540 2 > $10,000 Deductible 60 1 Vinyl siding yes
1992 235,000 Metal Roof 1,420 2 $500 Deductible 1120 12 Stucco siding yes