Rochester ,NY Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Rochester, NY homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Rochester, NY is $1313. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Rochester, NY. VHome Insurance will help you navigate the world of homeowners insurance coverages in Rochester, NY.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $525 |
| $200,000 | $893 |
| $300,000 | $1,103 |
| $400,000 | $1,681 |
| $500,000 | $2,114 |
Home insurance costs in Rochester can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 014609 | $1,247 |
| 14615 | $1,241 |
| 14619 | $1,238 |
| 14613 | $1,236 |
| 14608 | $1,259 |
| 14611 | $1,229 |
| 14621 | $1,230 |
| 14605 | $1,228 |
| 14607 | $1,308 |
| 14610 | $1,281 |
| 14626 | $1,263 |
| 14612 | $1,264 |
| 14620 | $1,267 |
| 14617 | $1,261 |
| 14623 | $1,258 |
| 14622 | $1,253 |
| 14606 | $1,251 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Rochester, NY, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,346 |
| $1000 Deductible | $1,204 |
| $1500 Deductible | $1,136 |
| $2500 Deductible | $1,024 |
| $5000 Deductible | $867 |
| Home Insurance Company Near Rochester, NY | Homeowners Insurance Agency Near Rochester, NY | Address |
|---|---|---|
| Travelers | Pinnacle Insurance Agency | 3255 BRIGHTON-HENRIETTA TOWN LINE RD, ROCHESTER, NY, 14623 |
| NA | Sam Hart Inc Dba Hart's Insurance Agency | 3 Main St S, Perry, NY, 14530 |
| NA | Tompkins Insurance Agencies Inc (Alden) | 13360 Broadway St, Alden, NY, 14004 |
| NA | Smola Consulting Llc | 1 Washington St S Ste 520, Rochester, NY, 14614 |
| Travelers | Ferris Agency Inc | 1460 LYELL AVE STE 700, ROCHESTER, NY, 14606 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Irondequoit CDP, New York | $74 | $98 | $147 |
| Brighton CDP, New York | $75 | $100 | $150 |
| North Gates CDP, New York | $74 | $98 | $147 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Rochester, NY | 4.7% | 10.3% |
| Irondequoit | 3.82% | 8.87% |
| Brighton | 2.94% | 6.62% |
| North Gates | 4.02% | 10.79% |
| Rochester Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 2,387 | 4.0% | $802 |
| $300 to $499 | 5,908 | 11.0% | $1252 |
| $500 to $749 | 17,349 | 34.0% | $1927 |
| $750 to $999 | 15,052 | 29.0% | $2677 |
| $1,000 to $1,499 | 8,062 | 15.0% | $3802 |
| $1,500 or more | 1,288 | 2.0% | $5452 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,000 | $3,000 |
| Yearly Rochester Homeowner Insurance Premium Example | $1,300 | $900 |
| Out of Pocket Expense During Claim | $1,000 | $3,000 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $11,400 | $10,200 |
| Net Savings to Rochester Home Owner from High Deductible Plan | $1,200 | |
| Scenario | Rochester, NY Home Replacement Value MORE than Home Value | Rochester, NY Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $92,000 | $68,000 |
| Insurance Premium based on Replacement Value | $950 | $700 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $10,000 | Risk Exposure from Under Insuring Coverage is $14,000 |
| Premium Impact | Insurance cheaper by $150/year | Insurance costlier by $100/year |
| Insurance Company | Chubb Group of Insurance | Nationwide Insurance | GEICO Insurance |
| Monthly Premium | 107 | 40 | 105 |
| Year Built | 1960 | 1949 | 1965 |
| Home Details | 4 Beds, 1 Baths | 2 Beds, 1 Baths | 5 Beds, 3 Baths |
| Coverage Amount | $150000-$175000 | $50000-$75000 | $200000-$250000 |
| Deductible | $2500-$5000 Deductible | $1000-$2500 Deductible | > $10,000 Deductible |