How To Make Your Paterson, NJ Home Insurance Cheaper
Paterson, NJ, homeowners insurance is about $922. V Home Insurance detailed analysis provides guidance to shoppers by choosing the right insurance provider for factors such as home value, coverage, and deductible. Enter your Zip Code below and click “GO” to get multiple free quotes.
Comparison of Paterson, NJ Home Insurance Rates with the Passaic County Average
| Place | Passaic County Average: $1,107.0 | $ Difference vs coutny Average | % Difference vs coutny Average | Population | Estimated Value of a Home ($) |
|---|---|---|---|---|---|
| Paterson, NJ | $922.0 | -185.0 | -0.17 | 145,655 | 235,500 |
Cost of Paterson, NJ Homeowners Insurance by Home Value and Household Income
| Nearby Places | Median Home value ($) | Median Household Income ($) | Premium Range |
|---|---|---|---|
| Westwood | 441,000 | 17,688 | $1,451 |
| Leonia | 481,200 | 12,007 | $1,654 |
| Kearny | 318,700 | 8,150 | $1,076 |
| Hudson County | 349,500 | 3,449 | $1,145 |
Homeowners Insurance Comparison for the Cheapest Premiums in Paterson, NJ
| Progressive | Liberty Mutual | State Farm | |
| Median Home Value ($) | 235,500 | 235,500 | 235,500 |
| Age of Home | Year 50 Old | Year 30 Old | Year 50 Old |
| Home Coverage ($) | $750,000 -$999,999 | $500,000 -$749,999 | $250,000 -$299,999 |
| Total Premium ($) | $3,641.1 | $2,844.3 | $1,516.6 |
Cost of Paterson, NJ Home insurance Premium for Different Deductibles
| Company | Deductible ($) | Coverage value | Insurance premium ($) |
|---|---|---|---|
| Encompass Insurance | 2000 | $100,000-$124,999 | 319.6 |
| Amica Mutual Insurance | 500 | $150,000-$174,999 | 493.9 |
| State Farm | 500 | $200,000-$249,999 | 796.6 |
| Universal Property & Casualty Insurance Company | 1500 | $300,000-$399,999 | 1,335.3 |
| Nationwide | 2500 | $300,000-$399,999 | 1,092.5 |
| The Hartford | 2000 | $400,000-$499,999 | 1,626.9 |
| Westfield Insurance | 500 | $175,000-$199,999 | 628.2 |
| Travelers | 2500 | $150,000-$174,999 | 366.6 |
| Horace Mann Educators Corporation | 2500 | $175,000-$199,999 | 466.3 |
| Allstate | 1500 | $1500,000-$2000,000 | 3,055.4 |