Richmond Insurance Rates:

Richmond, IN homeowners insurance is roughly $674 to $914, about $56-$76/month. Our thorough guide indicates shoppers can save as much as $318 by getting many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

Progressive
The policy offerings appear to be the same as other insurance providers. However the agent was able to help us find ways to save by either reducing coverage or increasing deductibles.
Aaa
I love my home insurance, they fix everything for me anytime there is inflicted damage on my home. lovely
State Farm
I am completely satisfied with State Farm for home owners insurance. It covers what it needs too and I feel very safe that it will payout if it had too.
State Farm
I have never made a claim to my insurance policy and am hesitate to do so because of fear or raising the cost to maintain the policy or being dropped completely. i do not want the premiums to go up.
Aaa
As with everything else here in michigan, the premium is partially based on credit score which has nothing to do with the likelihood of cashing out on the policy nor the likelihood of our house being at any more risk of disaster, however they use that as an excuse to charge those without top credit scores extortion rates that seem to hike up each year
Erie Insurance
I most like that Erie focuses not on advertising, but on providing a quality product at the lowers possible price. That strategy reflects values that I feel are highly desirable in a company.
Allstate
i am completely satisfy with the service provided by allstate, they take care os me and my family as well, the services and options they have are unvaluables
State Farm
It's a typical premium and a typical price so there isn't anything to be excited or sad about, it's just what I have to do with owning a home.
Safeco Insurance
The premium keeps increasing every single year. It never goes down and it never stays the same. It would be nice if one of these years it would at least stay the same.
American Family
Their customer service is amazing and they are always easy to talk to and get things done in a timely manner
Allstate
I would recommend Allstate for home insurance because the rates are very affordable and cover many important things. The agents in my home office are also very helpful and engaged in their work.
State Farm
the policies are compared about the premium and deductible of the policy on home insurance for the same coverage

Richmond, IN Homeowners Insurance By Home Value

Richmond, IN Home Value Total Homes % of Total Average Richmond, IN Homeowners Insurance
Less than $50,000 1,588 18.0% $230
$50,000 to $59,999 599 6.0% $484
$60,000 to $69,999 897 10.0% $604
$70,000 to $79,999 819 9.0% $699
$80,000 to $89,999 835 9.0% $787
$90,000 to $99,999 519 6.0% $882
$100,000 to $124,999 1,269 14.0% $1025
$125,000 to $149,999 788 9.0% $1279
$150,000 to $174,999 457 5.0% $1510
$175,000 to $199,999 215 2.0% $1749
$200,000 to $249,999 301 3.0% $2098
$250,000 to $299,999 209 2.0% $2567
$300,000 to $399,999 128 1.0% $3259

Top Home Insurance Agents Near Richmond, IN

Home Insurance Company Near Richmond, IN Homeowners Insurance Agency Near Richmond, IN Address
NA Delay Insurance Service & Assoc. 120 E Main St, Centerville, IN, 47330
Travelers American Investment Strategies Llc 61 MARCO LN, CENTERVILLE, OH, 45458
Travelers Fast Ins Agcy Inc 34-36 W MAIN ST, VERSAILLES, OH, 45380
State Farm Gary Hufstetler 526 Nilles Rd Ste 6, Fairfield, OH, 45014-2624
Liberty Mutual Independent Knight Willis Murphy Insurance Services 300 HIGH ST STE 101, HAMILTON, OH, 45011

Richmond, IN Home Insurance Agents for Top Companies


Cost Of Homeowners Insurance By Street Near Richmond, IN

Streets in Richmond Area Homeowners Insurance Cost
SW 8th St, Niewoehner Rd, Royal Oak Dr, Hayes Arboretum Rd, SW I Ct, Co Rd 650, Woodland Trail Dr, S J St, S 14th St, W Cart Rd$826
Richardson Ct, Country Club Ln, Highland Rd, Radcliff Ct, Waterfall Rd, North Dr, Lancashire Dr, S 8th St, S 9th St, Salisbury Rd S$834
S 5th St, W Pottershop Rd, Sheridan Dr, Industries Rd, SW 3rd Pl, S 17th St, Hiser Station Rd, S C Ct, Eaglewood Dr, Theresa Ln$840
Kirlin Rd, Berry Ln, Grove Rd, SW H, Oxford Dr, Oak Dr, Roby Ln, Beeson Rd, NW 9th St, SW F St$829
S Q St, Woody Pl, NW 19th St, S 8th St, Dana Dr, Elizabeth St, SW 6th St, SW 13th St, Wernle Rd, N H St$802

Richmond, IN Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Richmond$118 to $121
Spring Grove$120
Boston$127
New Paris$100

Richmond, IN Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Spring Grove town, Indiana $120 $160 $240
Centerville town, Indiana $120 $160 $240
Boston township, Wayne County, Indiana $127 $169 $254

Richmond, IN 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
Richmond, IN7.2%19.1%
Spring Grove6.23%22.63%
Centerville6.67%20.26%
Boston6.39%15.69%

Richmond Renters Insurance as a Percentage of Rent

Richmond Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 328 5.0% $361
$200 to $299 584 9.0% $811
$300 to $499 1,201 18.0% $1261
$500 to $749 2,890 44.0% $1936
$750 to $999 1,002 15.0% $2686
$1,000 to $1,499 371 5.0% $3811
$1,500 or more 97 1.0% $5461

Richmond, IN Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,500$2,500
Yearly Richmond Homeowner Insurance Premium Example $600$400
Out of Pocket Expense During Claim$1,500$2,500
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $6,300$5,700
Net Savings to Richmond Home Owner from High Deductible Plan $600

Richmond, IN Home Insurance Costs With Home Replacement Value Scenarios

Scenario Richmond, IN Home Replacement Value MORE than Home Value Richmond, IN Home Replacement Value LESS than Home Value
Replacement Value $87,500 $57,500
Insurance Premium based on Replacement Value $425 $275
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $11,000 Risk Exposure from Under Insuring Coverage is $19,000
Premium Impact Insurance cheaper by $100/year Insurance costlier by $50/year

Example Richmond Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Liberty MutualAllstateAmerican Family Insurance
Monthly Premium 944138
Year Built 197319871953
Home Details 5 Beds, 3 Baths3 Beds, 1 Baths2 Beds, 1 Baths
Coverage Amount $250000-$300000$100000-$125000$75000-$100000
Deductible $500- $1000 Deductible$2500-$5000 Deductible$1000-$2500 Deductible

Sample Home Insurance Rates for Richmond, IN from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1970 115,000 Tile Roof 1,830 4 $500- $1000 Deductible 120 2 Wood siding yes
1969 100,000 Slate Shingles Roof 1,910 3 $1000-$2500 Deductible 240 7 Stone Siding No
1942 100,000 Wood Shake Roof 1,610 5 $2500-$5000 Deductible 70 2 Stone Siding yes
1971 70,000 Asphalt Shingles Roof 1,280 2 $500- $1000 Deductible 40 2 Fiber-Cement Siding yes
1941 80,000 Metal Roof 1,230 3 $500 Deductible 190 8 Vinyl siding No
1979 130,000 Membrane Roof 2,390 3 $2500-$5000 Deductible 530 12 Vinyl siding yes
1964 175,000 Wood Shake Roof 3,150 5 $500 Deductible 390 7 Vinyl siding No
1971 100,000 Asphalt Shingles Roof 1,440 2 $500- $1000 Deductible 160 4 Vinyl siding yes
1961 115,000 Membrane Roof 1,580 3 $1000-$2500 Deductible 350 9 Stone Siding No
1964 80,000 Composition Roof 1,080 2 $2500-$5000 Deductible 200 7 Fiber-Cement Siding No
1971 100,000 Wood Shake Roof 1,420 2 $1000-$2500 Deductible 120 3 Fiber-Cement Siding yes
1958 230,000 Membrane Roof 3,120 4 $500- $1000 Deductible 810 10 Wood siding yes
1963 140,000 Membrane Roof 2,160 3 $500 Deductible 460 9 Fiber-Cement Siding yes
1941 220,000 Shingles Roof 2,870 4 $5000 to $10,000 Deductible 220 4 Stucco siding No
1979 170,000 Wood Shake Roof 2,570 5 $500 Deductible 490 7 Fiber-Cement Siding No
1962 90,000 Composition Roof 1,280 3 $1000-$2500 Deductible 50 2 Stone Siding yes
1951 115,000 Membrane Roof 2,210 4 $1000-$2500 Deductible 310 8 Stone Siding yes
1964 125,000 Asphalt Shingles Roof 2,260 5 $1000-$2500 Deductible 390 7 Stone Siding No
1970 90,000 Metal Roof 1,730 2 $500- $1000 Deductible 190 5 Fiber-Cement Siding yes
1953 110,000 Slate Shingles Roof 1,610 2 $500- $1000 Deductible 120 3 Wood siding yes
1965 65,000 Composition Roof 1,290 2 $2500-$5000 Deductible 120 6 Wood siding yes
1957 150,000 Shingles Roof 1,940 4 $500- $1000 Deductible 690 10 Brick siding yes
1961 70,000 Slate Shingles Roof 1,310 3 $500- $1000 Deductible 230 10 Stucco siding No
1974 195,000 Membrane Roof 3,090 5 $2500-$5000 Deductible 410 5 Stone Siding No
1959 100,000 Wood Shake Roof 1,880 4 $2500-$5000 Deductible 180 8 Fiber-Cement Siding yes
1951 125,000 Membrane Roof 1,660 3 $1000-$2500 Deductible 640 12 Stone Siding yes
1956 145,000 Tile Roof 2,360 4 $500- $1000 Deductible 170 3 Wood siding No
1985 105,000 Membrane Roof 1,410 2 $2500-$5000 Deductible 40 1 Stucco siding yes
1973 85,000 Shingles Roof 1,290 2 $500 Deductible 190 6 Stucco siding yes
1951 85,000 Slate Shingles Roof 1,680 4 $2500-$5000 Deductible 80 3 Wood siding yes
1984 90,000 Slate Shingles Roof 1,670 4 $2500-$5000 Deductible 160 7 Stucco siding yes
1961 125,000 Wood Shake Roof 1,900 4 $500 Deductible 320 7 Stucco siding No
1958 260,000 Composition Roof 3,700 5 $500- $1000 Deductible 690 9 Fiber-Cement Siding No

How To Make Your Richmond, IN Home Insurnace Cheaper