Paterson Insurance Rates:

Paterson, NJ homeowners insurance is about $720 to $978, about $60-$81/month. Our in depth guide shows customers can save as much as $339 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

Universal Property & Casualty Insurance Company
I recently switched to this company from another insurer. I now get much better coverage at a lesser premium and deductible. I also have learned that this company has a higher customer rating versus the previous insurer I was with.
Allstate
I like how my company offers coverage for many different aspects of my life. It bundles all of the major things, which saves me time and money.
Aaa
Of course, I'd love to have a lower premium. But, other than that, It's been fine. I couldn't ask for more reasons.
Narragansett Bay Insurance Company
They were very helpful and went through every line item when I called for a quote. They were sure to match the coverage I had and get back to me with any questions that they could not answer immediately with satisfactory information.
Progressive
I like that everything is a valuable and straightforward no confusing advertisements or things to distract you from the information you are trying to receive.
State Farm
I think overall they are just ok. you pay for insurance but they do not like to pay out when you need to file a claim and I feel that is wrong
Allstate
the service is prompt and the representatives are courteous and helpful. The website is user-friendly and the company keeps the customers well informed
Liberty Mutual
Overall they provide good services- good coverage for a reasonable price and positive customer service experiences when calling them
Geico
Most would say they dislike not having a local agent they can talk to in person, but i disagree. that's just one more paycheck my premiums would have to help cover.
Utica National Insurance
I don't like that my insurance company would not cover my jewelry without an extra premium. the increase was substantial for adding jewelry.
Nationwide
Yesterday morning i applied for an insurance for my new car. my insurance agent was incredible, i felt very well received. she explained everything i asked for and i highly recommend it

Paterson, NJ Homeowners Insurance By Home Value

Paterson, NJ Home Value Total Homes % of Total Average Paterson, NJ Homeowners Insurance
Less than $50,000 352 3.0% $67
$100,000 to $124,999 447 4.0% $305
$125,000 to $149,999 245 2.0% $381
$150,000 to $174,999 469 4.0% $449
$175,000 to $199,999 571 5.0% $525
$200,000 to $249,999 1,656 15.0% $627
$250,000 to $299,999 2,150 19.0% $771
$300,000 to $399,999 4,631 43.0% $975

Top Home Insurance Agents Near Paterson, NJ

Home Insurance Company Near Paterson, NJ Homeowners Insurance Agency Near Paterson, NJ Address
NA Gunn, Steers & Company, Llc 30 East 39Th Street 30 East 39Th Street New York, NYC, NY, 10016
NA On Time Insurance Brokerage 3923 Fort Hamilton Pkwy Brooklyn, NYC, NY, 11218
State Farm Deborah Morson 147 Lake Ave, Deer Park, NY, 11729-4242
Travelers Julius A Rose Inc 611 BROADWAY, BAYONNE, NJ, 7002
Travelers Schutzenbach Agency Ltd 260 MAIN ST SUITE 203, NORTHPORT, NY, 11768

Cost Of Homeowners Insurance By Street Near Paterson, NJ

Streets in Paterson Area Homeowners Insurance Cost
Tyler St, Caldwell Ave, Ellison Pl, Ramsey St, Passaic County 651, Parkway, River Ter, E 36th St, Tony Columbia Pl, N 11th St$859
Oliver St, 22nd Ave, Hillman St, Eagle Ave, Temple St, Paterson St, Fulton St, E 13th St, Erie St, Colonial Ave$874
Southard St, Harris Pl, Elizabeth St, E 11th St, Atlantic St, Morton St, Curtis Pl, N 1st St, Smith St, E 15th St$964
Salem Rd, E 34th St, May St, Ward St, Howard St, Pope Rd, Manor Rd, E 42nd St, Olive St, Hoxey St$864
Hopper St, Coral St, Kent Rd, Katz Ave, Katz Ave, Wayne Ave, Wait St, Hill St, McBride Ave Exd, Albion Ave$848

Paterson, NJ Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Paterson$127 to $129
Prospect Park$126
Haledon$127
Elmwood Park$131

Paterson, 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
Prospect Park borough, New Jersey $126 $168 $252
Haledon borough, New Jersey $128 $170 $255
Elmwood Park borough, New Jersey $131 $175 $263

Paterson, 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
Paterson, NJ2.7%7.1%
Prospect Park2.93%7.01%
Haledon2.83%7.1%
Elmwood Park2.76%7.59%

Paterson Renters Insurance as a Percentage of Rent

Paterson Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 668 2.0% $334
$200 to $299 1,432 4.0% $784
$300 to $499 1,264 4.0% $1234
$500 to $749 3,077 10.0% $1909
$750 to $999 5,794 18.0% $2659
$1,000 to $1,499 14,742 48.0% $3784
$1,500 or more 3,520 11.0% $5434

Paterson, NJ Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$700$1,700
Yearly Paterson Homeowner Insurance Premium Example $1,600$1,400
Out of Pocket Expense During Claim$700$1,700
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $13,500$12,900
Net Savings to Paterson Home Owner from High Deductible Plan $600

Paterson, NJ Home Insurance Costs With Home Replacement Value Scenarios

Scenario Paterson, NJ Home Replacement Value MORE than Home Value Paterson, NJ Home Replacement Value LESS than Home Value
Replacement Value $394,000 $243,500
Insurance Premium based on Replacement Value $1,900 $1,175
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $64,500 Risk Exposure from Under Insuring Coverage is $86,000
Premium Impact Insurance cheaper by $425/year Insurance costlier by $300/year

Example Paterson Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company GEICO InsuranceTravelersNationwide Insurance
Monthly Premium 6571107
Year Built 195319771941
Home Details 2 Beds, 1 Baths3 Beds, 2 Baths4 Beds, 3 Baths
Coverage Amount $200000-$250000$200000-$250000$250000-$300000
Deductible $2500-$5000 Deductible$1000-$2500 Deductible$500 Deductible

Sample Home Insurance Rates for Paterson, NJ from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1974 495,000 Membrane Roof 2,850 4 $500 Deductible 2420 12 Stone Siding yes
1940 270,000 Slate Shingles Roof 1,970 4 $500- $1000 Deductible 870 10 Wood siding No
1971 175,000 Asphalt Shingles Roof 1,370 2 $1000-$2500 Deductible 90 2 Brick siding No
1969 290,000 Asphalt Shingles Roof 1,670 3 > $10,000 Deductible 330 7 Fiber-Cement Siding No
1964 265,000 Asphalt Shingles Roof 1,440 2 $500 Deductible 1150 9 Wood siding yes
1949 290,000 Asphalt Shingles Roof 2,290 4 > $10,000 Deductible 120 2 Stone Siding No
1957 215,000 Shingles Roof 1,500 3 $1000-$2500 Deductible 70 1 Brick siding No
1979 405,000 Composition Roof 2,340 3 $500- $1000 Deductible 490 3 Wood siding No
1976 175,000 Shingles Roof 1,310 3 $5000 to $10,000 Deductible 360 5 Vinyl siding No
1943 290,000 Metal Roof 1,830 3 > $10,000 Deductible 160 2 Fiber-Cement Siding yes
1955 215,000 Tile Roof 1,710 3 > $10,000 Deductible 60 1 Wood siding yes
1976 240,000 Shingles Roof 1,460 2 > $10,000 Deductible 280 5 Brick siding yes
1979 130,000 Wood Shake Roof 960 2 $2500-$5000 Deductible 300 9 Stucco siding No
1962 305,000 Tile Roof 1,810 4 $5000 to $10,000 Deductible 160 2 Vinyl siding yes
1958 240,000 Composition Roof 1,430 2 $500 Deductible 110 1 Vinyl siding No
1973 335,000 Shingles Roof 2,400 3 $500- $1000 Deductible 1160 9 Brick siding yes
1959 415,000 Asphalt Shingles Roof 3,040 4 $1000-$2500 Deductible 390 3 Vinyl siding No
1954 195,000 Tile Roof 1,240 2 $500 Deductible 500 7 Stucco siding No
1959 310,000 Slate Shingles Roof 1,660 2 $5000 to $10,000 Deductible 150 2 Wood siding yes
1962 100,000 Wood Shake Roof 1,534 3 $500- $1000 Deductible 450 10 Stucco siding yes