How To Make Your Rio Rancho, NM Home Insurance Cheaper
Rio Rancho, NM, homeowners insurance is about $917. 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 Rio Rancho, NM Home Insurance Rates with the Sandoval County Average
| Place | Sandoval County Average: $905.0 | $ Difference vs coutny Average | % Difference vs coutny Average | Population | Estimated Value of a Home ($) |
|---|---|---|---|---|---|
| Rio Rancho, NM | $917.0 | 12.0 | 0.01 | 114,339 | 189,500 |
Cost of Rio Rancho, NM Homeowners Insurance by Home Value and Household Income
| Nearby Places | Median Home value ($) | Median Household Income ($) | Premium Range |
|---|---|---|---|
| Sandia Heights | 437,500 | 26,613 | $1,591 |
| Edgewood | 219,300 | 54,651 | $970 |
| Cochiti | 97,500 | 33,769 | $730 |
| Cedar Grove | 245,300 | 80,155 | $1,017 |
Homeowners Insurance Comparison for the Cheapest Premiums in Rio Rancho, NM
| State Farm | Amica Mutual Insurance | Nationwide | |
| Median Home Value ($) | 189,500 | 189,500 | 189,500 |
| Age of Home | Year 40 Old | Newly Constructed Home | Newly Constructed Home |
| Home Coverage ($) | $400,000 -$499,999 | $300,000 -$399,999 | $750,000 -$999,999 |
| Total Premium ($) | $2,675.7 | $1,591.8 | $2,744.3 |
Cost of Rio Rancho, NM Home insurance Premium for Different Deductibles
| Company | Deductible ($) | Coverage value | Insurance premium ($) |
|---|---|---|---|
| Travelers | 1000 | $200,000-$249,999 | 944.0 |
| State Farm | 500 | $500,000-$749,999 | 2,914.2 |
| Farm Bureau | 2500 | $1500,000-$2000,000 | 2,957.4 |
| MetLife | 1000 | $300,000-$399,999 | 1,873.8 |
| MAPFRE Insurance | 500 | $150,000-$174,999 | 656.4 |
| GEICO | 2000 | $1500,000-$2000,000 | 3,368.2 |
| Blue Cross Blue Shield | 2500 | $200,000-$249,999 | 730.9 |
| Donegal Mutual Insurance Company | 2500 | $1000,000-$1499,999 | 2,754.6 |
| Encompass Insurance | 2500 | $250,000-$299,999 | 1,087.6 |
| The Hartford | 500 | $250,000-$299,999 | 1,465.3 |