Somerville Insurance Rates:

Somerville, NJ homeowners insurance is approximately $717 to $978, about $59-$81/month. Our thorough guide reveals consumers can save upto $339 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Somerville, NJ Homeowners Insurance By Home Value

Somerville, NJ Home Value Total Homes % of Total Average Somerville, NJ Homeowners Insurance
Less than $50,000 35 1.0% $67
$125,000 to $149,999 35 1.0% $390
$150,000 to $174,999 139 6.0% $457
$175,000 to $199,999 47 2.0% $525
$200,000 to $249,999 297 12.0% $636
$250,000 to $299,999 734 32.0% $780
$300,000 to $399,999 956 41.0% $992

Top Home Insurance Agents Near Somerville, NJ

Home Insurance Company Near Somerville, NJ Homeowners Insurance Agency Near Somerville, NJ Address
NA Justin Insurance Agency 24 W Passaic Ave, Rutherford, NJ, 7070
Travelers Gallagher & Associates Ins Agency Inc 320 DIAMOND BRIDGE AVE, HAWTHORNE, NJ, 7506
Travelers I Dachs & Sons Inc 1245 W Broadway , Hewlett, NY, 11557
Erie Kotz Associates Insurance 1609 Woodbourne Road Suite 205b, Levittown, PA, 19057
Travelers Wbi Group Llc 4397 SKIPPACK PIKE 2ND FL, SKIPPACK, PA, 19474

Cost Of Homeowners Insurance By Street Near Somerville, NJ

Streets in Somerville Area Homeowners Insurance Cost
Grimm Dr, S Richards Ave, S Adamsville Rd, W Spring St, Schoolhouse Ln, E Spring St, Prospect Dr, Division St, E Cadillac Dr, Adamsville Rd N$847
E Spring St, Mastogen Dr, Southside Ave, Loeser Ave, Camman Pl, E Cliff St, Culver St, W Cliff St, Van Buren St, Center Pl$863
Eastern States Pkwy, Lincoln Ave, Lori Dr, Speer St, Vanderveer Ave, Everit Dr, Bell Ave, Riviera Dr, N Auten Ave, W Brown St$844
Veterans Memorial Dr W, Hope St, S Middaugh St, S Bridge St, S Gaston Ave, Brookside Ave, Cleveland St, S Doughty Ave, Wilmer Ave, Davenport St$844
Franklin St, Oak Ter, Adamsville Rd S, Van Doren Ave, W High St, E Summit St, Robin Rd, Fairmont Ave, Walnut St, Lisa Ter$843

Somerville, NJ Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Somerville$126 to $129
Somerset County$132
Bridgewater$134
Finderne$127

Somerville, 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
Somerset County, New Jersey $132 $176 $264
Bridgewater township, Somerset County, New Jersey $134 $179 $269
Finderne CDP, New Jersey $128 $170 $255

Somerville, 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
Somerville, NJ2.8%7.1%
Somerset County2.64%7.33%
Bridgewater2.68%7.45%
Finderne3.54%8.52%

Somerville Renters Insurance as a Percentage of Rent

Somerville Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 25 1.0% $334
$200 to $299 45 2.0% $784
$300 to $499 74 3.0% $1234
$500 to $749 111 5.0% $1909
$750 to $999 252 13.0% $2659
$1,000 to $1,499 1,090 57.0% $3784
$1,500 or more 295 15.0% $5434

Somerville, NJ Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$900$2,900
Yearly Somerville Homeowner Insurance Premium Example $1,300$800
Out of Pocket Expense During Claim$900$2,900
Total Home Insurance Premium for 6 years + Out of Pocket Expense for Claim $8,700$7,700
Net Savings to Somerville Home Owner from High Deductible Plan $1,000

Somerville, NJ Home Insurance Costs With Home Replacement Value Scenarios

Scenario Somerville, NJ Home Replacement Value MORE than Home Value Somerville, NJ Home Replacement Value LESS than Home Value
Replacement Value $371,000 $214,000
Insurance Premium based on Replacement Value $1,475 $850
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $71,500 Risk Exposure from Under Insuring Coverage is $85,500
Premium Impact Insurance cheaper by $325/year Insurance costlier by $300/year

Example Somerville Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company State FarmChubb Group of InsuranceLiberty Mutual
Monthly Premium 14023055
Year Built 195119471980
Home Details 4 Beds, 2 Baths5 Beds, 2 Baths3 Beds, 2 Baths
Coverage Amount $400000-$500000$600000-$700000$200000-$250000
Deductible $2500-$5000 Deductible$2500-$5000 Deductible$5000 to $10,000 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1984 345,000 Asphalt Shingles Roof 2,300 3 $2500-$5000 Deductible 1480 10 Brick siding yes
1959 630,000 Wood Shake Roof 3,850 5 > $10,000 Deductible 1080 9 Brick siding yes
1950 280,000 Wood Shake Roof 2,130 4 $500 Deductible 620 7 Vinyl siding No
1963 305,000 Composition Roof 2,360 5 > $10,000 Deductible 390 6 Wood siding No
1962 720,000 Slate Shingles Roof 4,080 5 $5000 to $10,000 Deductible 1320 8 Wood siding No
1949 345,000 Membrane Roof 1,900 4 > $10,000 Deductible 220 3 Fiber-Cement Siding No
1971 255,000 Asphalt Shingles Roof 1,930 5 $500- $1000 Deductible 450 4 Stone Siding No
1955 345,000 Tile Roof 2,260 4 $500- $1000 Deductible 590 5 Wood siding yes
1984 240,000 Wood Shake Roof 1,840 3 $5000 to $10,000 Deductible 60 1 Vinyl siding yes
1959 275,000 Metal Roof 1,510 3 $2500-$5000 Deductible 740 8 Fiber-Cement Siding yes
1963 510,000 Tile Roof 3,710 5 $1000-$2500 Deductible 1990 9 Wood siding No
1963 325,000 Tile Roof 2,140 4 $5000 to $10,000 Deductible 950 9 Stucco siding yes
1966 335,000 Asphalt Shingles Roof 2,160 5 > $10,000 Deductible 330 5 Fiber-Cement Siding No
1952 375,000 Metal Roof 2,110 3 $500- $1000 Deductible 600 5 Brick siding No
1976 385,000 Tile Roof 2,160 3 $500- $1000 Deductible 700 6 Fiber-Cement Siding No
1969 590,000 Tile Roof 3,210 4 > $10,000 Deductible 560 3 Stucco siding yes
1951 325,000 Wood Shake Roof 1,760 5 $5000 to $10,000 Deductible 230 3 Wood siding No
1954 365,000 Composition Roof 2,140 4 $1000-$2500 Deductible 1400 10 Brick siding yes
1976 280,000 Composition Roof 2,260 3 $1000-$2500 Deductible 460 5 Fiber-Cement Siding No
1946 450,000 Wood Shake Roof 2,850 5 $1000-$2500 Deductible 1720 12 Stone Siding yes
1963 540,000 Composition Roof 4,310 5 $5000 to $10,000 Deductible 990 8 Stone Siding No
1979 445,000 Metal Roof 3,350 4 $2500-$5000 Deductible 1430 12 Brick siding No
1952 415,000 Wood Shake Roof 2,230 4 $500- $1000 Deductible 420 2 Vinyl siding No
1961 370,000 Tile Roof 2,260 3 $2500-$5000 Deductible 810 6 Vinyl siding No
1955 370,000 Slate Shingles Roof 2,310 3 $5000 to $10,000 Deductible 830 9 Stucco siding No
1964 510,000 Wood Shake Roof 2,820 5 > $10,000 Deductible 180 2 Stucco siding No
1941 310,000 Composition Roof 2,080 3 $5000 to $10,000 Deductible 60 1 Vinyl siding No
1964 235,000 Wood Shake Roof 1,660 3 > $10,000 Deductible 300 7 Stone Siding No
1970 575,000 Asphalt Shingles Roof 4,540 5 $2500-$5000 Deductible 1370 12 Wood siding yes
1946 510,000 Wood Shake Roof 2,840 4 > $10,000 Deductible 790 8 Brick siding No
1961 305,000 Metal Roof 1,890 3 $500- $1000 Deductible 590 4 Brick siding yes
1948 230,000 Tile Roof 1,600 3 > $10,000 Deductible 130 2 Brick siding yes
1959 270,000 Composition Roof 1,720 4 $5000 to $10,000 Deductible 360 4 Stone Siding yes
1986 710,000 Membrane Roof 4,740 5 $5000 to $10,000 Deductible 1450 8 Stone Siding yes