Olean Insurance Rates:

Olean, NY homeowners insurance is about $493 to $668, about $41-$55/month. Our exhaustive analysis shows customers can save as much as $232 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Olean, NY Homeowners Insurance By Home Value

Olean, NY Home Value Total Homes % of Total Average Olean, NY Homeowners Insurance
Less than $50,000 763 22.0% $209
$50,000 to $59,999 593 17.0% $441
$60,000 to $69,999 419 12.0% $546
$70,000 to $79,999 404 11.0% $627
$80,000 to $89,999 262 7.0% $714
$90,000 to $99,999 151 4.0% $795
$100,000 to $124,999 235 6.0% $923
$125,000 to $149,999 210 6.0% $1156
$150,000 to $174,999 203 5.0% $1365
$175,000 to $199,999 46 1.0% $1574
$200,000 to $249,999 41 1.0% $1894
$250,000 to $299,999 83 2.0% $2318
$300,000 to $399,999 44 1.0% $2945

Top Home Insurance Agents Near Olean, NY

Home Insurance Company Near Olean, NY Homeowners Insurance Agency Near Olean, NY Address
NA Log Cabin Office Inc. Dba Glatz Agency 600 W 4Th St, Jamestown, NY, 14701
State Farm Dave Palma 176 Main St, Hornell, NY, 14843-1526
Travelers Deppas Ins Agency Llc 305 E FAIRMOUNT AVE, LAKEWOOD, NY, 14750
Travelers Evergreen Partners Inc 406 W STATE ST, OLEAN, NY, 14760
Farmers Thomas Dangelo 567 Fairmount Ave, Jamestown, NY, 14701

Olean, NY Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
St. Bonaventure CDP, New York $73 $97 $146
Weston Mills CDP, New York $73 $97 $145
Portville town, Cattaraugus County, New York $73 $97 $145

Olean, NY 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
Olean, NY4.7%9.7%
St. Bonaventure5.51%13.48%
Weston Mills5.78%9.31%
Portville4.45%10.4%

Olean Renters Insurance as a Percentage of Rent

Olean Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 42 1.0% $353
$200 to $299 149 5.0% $803
$300 to $499 465 16.0% $1253
$500 to $749 1,197 43.0% $1928
$750 to $999 689 24.0% $2678
$1,000 to $1,499 223 8.0% $3803

Olean, NY Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$700$2,700
Yearly Olean Homeowner Insurance Premium Example $1,500$1,000
Out of Pocket Expense During Claim$700$2,700
Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim $11,200$9,700
Net Savings to Olean Home Owner from High Deductible Plan $1,500

Olean, NY Home Insurance Costs With Home Replacement Value Scenarios

Scenario Olean, NY Home Replacement Value MORE than Home Value Olean, NY Home Replacement Value LESS than Home Value
Replacement Value $88,500 $57,000
Insurance Premium based on Replacement Value $1,050 $675
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $20,000 Risk Exposure from Under Insuring Coverage is $11,500
Premium Impact Insurance cheaper by $125/year Insurance costlier by $250/year

Example Olean Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company GEICO InsuranceErie InsuranceChubb Group of Insurance
Monthly Premium 4529109
Year Built 196519401947
Home Details 3 Beds, 1 Baths2 Beds, 1 Baths4 Beds, 1 Baths
Coverage Amount $50000-$75000$25000-$50000$150000-$175000
Deductible $2500-$5000 Deductible$500- $1000 Deductible$1000-$2500 Deductible

Sample Home Insurance Rates for Olean, NY from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1964 215,000 Shingles Roof 3,250 5 $500 Deductible 520 3 Fiber-Cement Siding No
1943 145,000 Slate Shingles Roof 2,880 4 $500 Deductible 890 7 Brick siding No
1944 185,000 Membrane Roof 3,070 4 $1000-$2500 Deductible 370 3 Fiber-Cement Siding yes
1963 100,000 Membrane Roof 1,800 5 $1000-$2500 Deductible 350 6 Brick siding No
1947 70,000 Metal Roof 1,100 2 $500- $1000 Deductible 60 1 Wood siding yes
1969 75,000 Asphalt Shingles Roof 1,620 3 $500 Deductible 60 1 Stone Siding yes
1961 85,000 Composition Roof 1,470 2 $1000-$2500 Deductible 360 5 Brick siding yes
1942 75,000 Shingles Roof 1,600 3 $1000-$2500 Deductible 360 6 Brick siding No
1963 135,000 Asphalt Shingles Roof 2,830 4 $2500-$5000 Deductible 110 1 Vinyl siding yes
1968 65,000 Metal Roof 1,010 2 $2500-$5000 Deductible 180 4 Fiber-Cement Siding yes
1949 90,000 Membrane Roof 1,990 5 $500- $1000 Deductible 640 8 Wood siding No
1940 80,000 Membrane Roof 1,730 2 $500 Deductible 240 4 Stucco siding No
1967 105,000 Metal Roof 2,000 5 $500- $1000 Deductible 60 1 Vinyl siding yes
1947 120,000 Composition Roof 2,310 3 $500 Deductible 760 6 Vinyl siding yes
1947 310,000 Composition Roof 4,900 5 $500- $1000 Deductible 300 1 Stone Siding No
1945 135,000 Wood Shake Roof 2,310 3 $500- $1000 Deductible 210 2 Wood siding yes
1949 45,000 Wood Shake Roof 910 2 $500 Deductible 180 7 Stone Siding yes
1941 95,000 Shingles Roof 1,470 2 $500- $1000 Deductible 890 10 Brick siding yes
1945 165,000 Membrane Roof 2,740 4 $500 Deductible 1150 9 Wood siding No
1940 190,000 Membrane Roof 3,050 4 $500- $1000 Deductible 820 6 Stucco siding No
1948 100,000 Asphalt Shingles Roof 2,130 3 $500 Deductible 170 2 Wood siding yes
1960 275,000 Membrane Roof 4,030 5 > $10,000 Deductible 150 1 Brick siding No
1961 160,000 Shingles Roof 2,360 3 $5000 to $10,000 Deductible 620 8 Stucco siding No
1965 150,000 Tile Roof 2,380 3 $500- $1000 Deductible 740 6 Vinyl siding yes
1961 90,000 Wood Shake Roof 1,790 2 $1000-$2500 Deductible 370 6 Wood siding yes
1968 120,000 Asphalt Shingles Roof 1,790 3 $500- $1000 Deductible 880 9 Brick siding No
1948 110,000 Wood Shake Roof 1,650 2 $1000-$2500 Deductible 170 2 Stone Siding yes
1963 125,000 Membrane Roof 1,980 3 $500- $1000 Deductible 350 3 Stucco siding No
1968 55,000 Asphalt Shingles Roof 1,000 2 $1000-$2500 Deductible 230 6 Vinyl siding No
1966 90,000 Slate Shingles Roof 1,440 2 $2500-$5000 Deductible 270 6 Stucco siding No
1946 210,000 Membrane Roof 3,930 5 > $10,000 Deductible 850 10 Fiber-Cement Siding No
1940 140,000 Membrane Roof 2,600 5 $500 Deductible 760 6 Vinyl siding No
1944 85,000 Membrane Roof 1,450 2 $2500-$5000 Deductible 230 6 Vinyl siding yes
1961 155,000 Asphalt Shingles Roof 2,390 3 $5000 to $10,000 Deductible 250 4 Vinyl siding No