Nashua, NH Home Insurance - Analysis On Quotes, Rates & Agents
Nashua Insurance Rates:
Nashua, NH homeowners insurance is nearly $601 to $813, about $50-$67/month. Our thorough research indicates shoppers can save as much as $282 by getting different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
How to Reduce the Cost of Home Insurance in Nashua, NH
Homeowners insurance is designed to cover your home against a variety of risks, such as fire, theft, and liability. Most policies also include coverage for personal items, such as jewellery and electronics. The amount of coverage you need for your home depends on your home's size, age, and condition, as well as the value of its contents. In Nashua, NH, homeowners insurance typically costs $905. Home insurance costs in Nashua, NH, vary significantly depending on the size and value of the property in question. As with any insurance, various factors such as age, location and condition of the home can all affect the cost.
Shopping around and comparing rates for the best home insurance policy for your needs and budget is important. Ask about discounts that may be available, and make sure to provide accurate information about the location and condition of your home. This article will examine a few strategies for lowering Nashua, NH, homeowners insurance rates.
By Choosing a Higher Deductible
Every Nashua homeowner is aware of how expensive insurance can be. However, there are methods to cut those expenses, one of which is to select a higher deductible. You can significantly reduce your premium by doing this. If you have a claim, you will be required to pay a higher deductible. But it can be a terrific method to reduce your insurance expenses if you are convinced that you can pay a higher deductible. To determine if a higher deductible is appropriate, speak with your insurance representative. For example, in Nashua, NH, homeowners pay $$894 and $$761 in premiums for deductibles of 500 and 1500, respectively. With deductibles of 2000 and 2500, homeowners pay $691 and $650, respectively. Therefore, the higher the deductible, the lower the home insurance rates in Nashua, NH.
By Installing Security Features
Security features, such as deadbolts, burglar alarms, window locks, and motion-activated lighting, can make it more difficult for intruders to enter your home. This can significantly reduce your risk of burglary, so your insurance company may offer you a discounted rate for your policy. In addition to making your home more secure, installing security features can also reduce the cost of homeowners insurance in Nashua, NH, in other ways. For instance, residences in Nashua, New Hampshire, with deadbolts, pay $787 for homeowners insurance in Nashua, NH.
By Maintaining a Zero Claims History
Maintaining a claim-free past is one of the greatest ways to lower your homeowners insurance price in Nashua, New Hampshire. It follows that you have never made an insurance claim before, and your house has never been the subject of an insurance claim. Insurance providers are more likely to offer you reduced rates since they see this as evidence that you are a responsible homeowner who takes good care of your house. For instance, homeowners in Nashua, New Hampshire, must pay a premium of $778 even though they have never made a claim. However, Nashua, New Hampshire, charges $0950 and $1023 for homeowners with one or two claims, respectively.
Nashua, NH Homeowners Insurance By Home Value
| Nashua, NH Home Value | Total Homes | % of Total | Average Nashua, NH Homeowners Insurance |
|---|---|---|---|
| Less than $50,000 | 579 | 3.0% | $70 |
| $100,000 to $124,999 | 622 | 3.0% | $310 |
| $125,000 to $149,999 | 744 | 3.0% | $395 |
| $150,000 to $174,999 | 1,043 | 5.0% | $465 |
| $175,000 to $199,999 | 1,718 | 9.0% | $536 |
| $200,000 to $249,999 | 5,555 | 29.0% | $649 |
| $250,000 to $299,999 | 4,671 | 24.0% | $790 |
| $300,000 to $399,999 | 3,459 | 18.0% | $1002 |
Top Home Insurance Agents Near Nashua, NH
| Home Insurance Company Near Nashua, NH | Homeowners Insurance Agency Near Nashua, NH | Address |
|---|---|---|
| NA | G A Lamy Insurance | 5 East Main Street, Southborough, MA, 1772 |
| NA | Thomas F Redmond Agency Inc | 262 Broadway, Methuen, MA, 1844 |
| NA | Fortified Insurance Agency | 911 Candia Road, Manchester, NH, 3109 |
| Travelers | Sea Insurance Agency Inc | 72 Madison St., Worcester, MA, 1608 |
| Travelers | Wolpert Insurance Agency Inc | 18 JOHN ST PL, WORCESTER, MA, 1609 |
Nashua, NH Home Insurance Agents for Top Companies
Cost Of Homeowners Insurance By Street Near Nashua, NH
| Streets in Nashua Area | Homeowners Insurance Cost |
|---|---|
| Grimsby Ln, Blue Hill Ave, Manhattan Ave, Abbe Ln, Kinsley St, Pullman Ln, Berkshire St, Knollwood Ave, Circlefield Dr, Copperfield Dr | $711 |
| Piermont St, Cambridge Rd, Lilac Ct, Lovewell St, Chelsea Ct, Forge Dr, Cleveland St, Norfolk St, Silverton Dr, Pinehill Ave | $701 |
| Foundry St, Unicorn Way, Cheyenne Dr, Hydrangea Rd, Bryant Rd, Walden Pond Rd, Hearthside Cir, Sawyer St, Jared Cir, Montgomery Ave | $713 |
| Skyview Dr, Riverview St, Pell Ave, Cannon Dr, Crawford Ln, Esquire Cir, Chinook Rd, Clement St, Robin Hood Rd, March St | $704 |
| Burke St, Stonebridge Dr, Cotton Rd, Jones Ct, Glasgow Rd, Freedom St, Lake St, Sagamore Rd, Cheshire St, Deacon Dr | $712 |
| S London Dr, E Hobart St, Canter Ct, Shawn Ave, Rice Ave, Sexton Ave, Bowers St, New Hampshire Ave, Royal Oak Dr, Cassandra Ln | $706 |
| Dickens St, Hastings Ln, Charlotte St, Rosanne Cir, Burley Ave, Green Heron Ln, Peele Rd, Pollard Rd, Katie Ln, Swart St | $732 |
| Blacksmith Way, Christian Dr, Rice St, Underhill St, Salvail Ct, Buker St, Nottingham Dr, Graham Dr, New Searles Rd, Lamplighter Dr | $706 |
| Delude St, Carlene Dr, Stanley Ln, Lyons St, Northfield Dr, Reservoir St, Chase St, Holiday Cir, Dora St, Kern Dr | $696 |
| Gagnon Cir, Divinity Cir, Havana St, Pulpit Pl, Martha St, Markar St, Cherrywood Dr, Hyacinth Dr, Dianne St, N Groton St | $712 |
Nashua, NH Home Insurance Savings For Senior Occupied Homes
| Place | Savings For Senior Occupied Homes |
|---|---|
| Nashua | $105 to $108 |
| Hudson | $106 |
| Hollis | $113 |
| Dunstable | $162 |
Nashua, NH Auto & Homeowners Insurance Bundling Discounts
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Hudson town, Hillsborough County, New Hampshire | $107 | $142 | $213 |
| Hollis town, Hillsborough County, New Hampshire | $113 | $151 | $227 |
| Dunstable town, Middlesex County, Massachusetts | $163 | $217 | $326 |
Nashua, NH 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 |
|---|---|---|
| Nashua, NH | 2.9% | 7.9% |
| Hudson | 2.78% | 7.98% |
| Hollis | 2.52% | 6.31% |
| Dunstable | 3.65% | 11.37% |
Nashua Renters Insurance as a Percentage of Rent
| Nashua Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 230 | 1.0% | $329 |
| $200 to $299 | 383 | 2.0% | $779 |
| $300 to $499 | 683 | 4.0% | $1229 |
| $500 to $749 | 1,830 | 12.0% | $1904 |
| $750 to $999 | 2,556 | 18.0% | $2654 |
| $1,000 to $1,499 | 6,205 | 43.0% | $3779 |
| $1,500 or more | 2,232 | 15.0% | $5429 |
Nashua, NH Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,700 | $4,700 |
| Yearly Nashua Homeowner Insurance Premium Example | $3,100 | $2,500 |
| Out of Pocket Expense During Claim | $1,700 | $4,700 |
| Total Home Insurance Premium for 6 years + Out of Pocket Expense for Claim | $20,300 | $19,700 |
| Net Savings to Nashua Home Owner from High Deductible Plan | $600 | |
Nashua, NH Home Insurance Costs With Home Replacement Value Scenarios
| Scenario | Nashua, NH Home Replacement Value MORE than Home Value | Nashua, NH Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $316,500 | $206,500 |
| Insurance Premium based on Replacement Value | $1,275 | $825 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $55,000 | Risk Exposure from Under Insuring Coverage is $55,000 |
| Premium Impact | Insurance cheaper by $225/year | Insurance costlier by $225/year |
Example Nashua Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company | GEICO Insurance | Chubb Group of Insurance | Farmers Insurance |
| Monthly Premium | 59 | 44 | 90 |
| Year Built | 1944 | 1978 | 1998 |
| Home Details | 4 Beds, 1 Baths | 3 Beds, 2 Baths | 2 Beds, 1 Baths |
| Coverage Amount | $250000-$300000 | $175000-$200000 | $175000-$200000 |
| Deductible | > $10,000 Deductible | $5000 to $10,000 Deductible | $500 Deductible |
Sample Home Insurance Rates for Nashua, NH from Consumer Reviews & Surveys
| Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
|---|---|---|---|---|---|---|---|---|---|
| 1986 | 175,000 | Composition Roof | 1,410 | 3 | $1000-$2500 Deductible | 50 | 1 | Stucco siding | yes |
| 1942 | 645,000 | Shingles Roof | 4,860 | 5 | $500- $1000 Deductible | 740 | 3 | Wood siding | No |
| 1948 | 170,000 | Membrane Roof | 1,200 | 2 | $5000 to $10,000 Deductible | 190 | 4 | Wood siding | No |
| 1992 | 225,000 | Asphalt Shingles Roof | 1,840 | 4 | $500 Deductible | 160 | 2 | Vinyl siding | yes |
| 1990 | 295,000 | Metal Roof | 2,580 | 4 | $1000-$2500 Deductible | 1140 | 10 | Stone Siding | No |
| 1940 | 155,000 | Tile Roof | 1,300 | 3 | $500 Deductible | 460 | 8 | Vinyl siding | yes |
| 1980 | 335,000 | Composition Roof | 3,050 | 4 | $5000 to $10,000 Deductible | 400 | 4 | Stone Siding | No |
| 1948 | 240,000 | Metal Roof | 1,530 | 5 | $500 Deductible | 540 | 4 | Fiber-Cement Siding | No |
| 1975 | 205,000 | Asphalt Shingles Roof | 1,660 | 4 | $500 Deductible | 150 | 2 | Stucco siding | No |
| 1941 | 200,000 | Wood Shake Roof | 1,750 | 2 | $1000-$2500 Deductible | 330 | 5 | Fiber-Cement Siding | yes |
| 1977 | 250,000 | Metal Roof | 2,140 | 3 | $500 Deductible | 1170 | 9 | Stucco siding | yes |
| 1977 | 250,000 | Asphalt Shingles Roof | 2,380 | 4 | $1000-$2500 Deductible | 460 | 6 | Stone Siding | No |
| 1982 | 295,000 | Composition Roof | 2,050 | 3 | > $10,000 Deductible | 730 | 10 | Wood siding | No |
| 1972 | 165,000 | Composition Roof | 1,590 | 3 | $500 Deductible | 140 | 2 | Brick siding | No |
| 1942 | 365,000 | Slate Shingles Roof | 2,650 | 4 | $500- $1000 Deductible | 1550 | 10 | Fiber-Cement Siding | yes |
| 1973 | 260,000 | Metal Roof | 1,760 | 3 | $5000 to $10,000 Deductible | 60 | 1 | Wood siding | No |
| 1944 | 190,000 | Composition Roof | 1,270 | 3 | $1000-$2500 Deductible | 90 | 2 | Stone Siding | yes |
| 1949 | 160,000 | Composition Roof | 1,150 | 2 | $1000-$2500 Deductible | 370 | 6 | Fiber-Cement Siding | No |
| 1998 | 215,000 | Composition Roof | 1,960 | 3 | > $10,000 Deductible | 270 | 6 | Stucco siding | No |
| 1988 | 180,000 | Tile Roof | 1,440 | 3 | $5000 to $10,000 Deductible | 650 | 12 | Stone Siding | yes |
| 1979 | 185,000 | Slate Shingles Roof | 1,510 | 2 | $500 Deductible | 740 | 9 | Fiber-Cement Siding | No |
| 1991 | 425,000 | Tile Roof | 3,320 | 4 | $500 Deductible | 1440 | 8 | Vinyl siding | No |
| 1976 | 525,000 | Shingles Roof | 3,490 | 5 | $1000-$2500 Deductible | 390 | 3 | Brick siding | yes |
| 1970 | 170,000 | Membrane Roof | 1,320 | 2 | $5000 to $10,000 Deductible | 50 | 1 | Stucco siding | yes |
| 1941 | 180,000 | Composition Roof | 1,290 | 3 | $500- $1000 Deductible | 830 | 10 | Stucco siding | No |
| 1988 | 165,000 | Tile Roof | 1,200 | 2 | $2500-$5000 Deductible | 520 | 12 | Vinyl siding | No |
| 1994 | 265,000 | Asphalt Shingles Roof | 1,700 | 3 | > $10,000 Deductible | 650 | 12 | Wood siding | yes |
| 1947 | 550,000 | Asphalt Shingles Roof | 4,410 | 5 | > $10,000 Deductible | 270 | 3 | Stucco siding | yes |
| 1999 | 425,000 | Tile Roof | 3,740 | 5 | $500- $1000 Deductible | 1560 | 10 | Brick siding | yes |
| 1998 | 270,000 | Membrane Roof | 1,820 | 4 | $500 Deductible | 200 | 2 | Vinyl siding | No |
| 1975 | 145,000 | Shingles Roof | 1,230 | 2 | $500 Deductible | 350 | 7 | Stone Siding | No |
| 1944 | 275,000 | Asphalt Shingles Roof | 2,190 | 3 | $5000 to $10,000 Deductible | 60 | 1 | Brick siding | No |
| 1991 | 260,000 | Composition Roof | 1,880 | 3 | $1000-$2500 Deductible | 60 | 1 | Brick siding | No |
| 1978 | 400,000 | Membrane Roof | 3,310 | 4 | $5000 to $10,000 Deductible | 350 | 3 | Stucco siding | No |
| 1978 | 190,000 | Metal Roof | 1,339 | 2 | $2500-$5000 Deductible | 390 | 6 | Stucco siding | No |
Latest Home Insurance Reviews
ProgressiveOverall I would rate them a 3. They are not anything special, but the prices are pretty fair and I have no complaints about them otherwise. However, I am not a fan of their customer service, but everything else is fine.
American FamilyWhen our home was damaged by a tornado and our underpinning came out they were quick to send us a check to get it fixed. that was wonderful.
Farmer's InsuranceI'm very satisfied with the policy offerings given by my insurance company, they have much better offerings than some of the previous companies Ive dealt with.
AllstateThe premium and deductible of my policy are great when compared to other home insurance policies for the same coverage. Allstate gives me a competitive rate.
Farmer's InsuranceThe customer service is great. The Workers try their best to resolve any issue that I have when it comes to billing and payment method.
AllstateI don't like how i see commercials for our company and think oh that sounds good, but then come to find out the product isn't available in our state
State FarmI live, in a very weather active location. anything from tornadoes, to floods, to hail damage, so for an insurance company to have good weather coverage state farm is the best.
AllstateMy insurance agent locally is always available to answer questions if I choose to go in person instead of using the online website.
Farmer's InsuranceWhat I dislike the most about the company is the big fees attach to it. I have only used it once and I have been paying for the way to long, also I have heard that if I file another claim I might be dropped as a customer that is insane.
State FarmThe office and my agent have always been really helpful and friendly. I have kept my business with them because of their rapport and their demeanor.
AllstateWith mine, I have had it so long that I have complete rebuild costs no matter the home value. You cannot get these policies anymore
AllstateI don't know because I haven't had to talk to them. I set everything up online and just been paying my premium online as well.
The HartfordI RECOMMEND MY COMPANY BECAUSE IN THIS COMPANY MANY STAFFS ARE DO THEIR JOBS GENTLE.I RECOMMEND THIS COMPANY TO MY FAMILY AND FRIENDS.
Farmer's Insurancethey offer identity theft protection. And since I ran into this problem, they assisted me with whether or how it was covered.
AllstateI wouldn't recommend the company but only because I don't recommend any company. They can do their own marketing and advertising.