Summit Insurance Rates:

Summit, NJ homeowners insurance is approximately $833 to $1,161, about $69-$96/month. Our in depth guide reveals consumers can save upto $398 by getting different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

State Farm
I'm comfortable with state farm and know that i can depend on them to provide good coverage and fairly decent customer service.
Allstate
I suppose i would like to lower my monthly payment with them. they are fair but i am always looking to save money.
Aaa
This insurance company is nationwide and easily accessible. their popularity is well known and is a household name, this makes life more compatible when asked, "what insurance company do you use"?
Allstate
I like how easy it is to navigate and that I am able to look at my policy on the app. I could also put claims in on the app and change my policy if needed.
Aaa
I have never been treated poorly and in fact, I have been treated far above average. I enjoy speaking with the representatives.
Farmer's Insurance
My insurance company does not contact me unless they want to sell me something. They won't bother to let me know when there is an incoming rate increase. Instead. I have to wait and see if my next bill will change.
State Farm
It can be hard to get someone on the phone to talk to sometimes. The phones are sometimes really busy. This makes it hard to get through to a customer service representative.
Allstate
I believe the premium that I pay is very competitive with the other insurance companies in my area. I am very satisfied with Allstate.
Farmer's Insurance
I would definitely recommend this company. They did what ever they could to gain my business and cover my house. They are always very helpful and nice. The premium is competitive with other companies. I see no reason not to recommend them.

Summit, NJ Homeowners Insurance By Home Value

Summit, NJ Home Value Total Homes % of Total Average Summit, NJ Homeowners Insurance
Less than $50,000 13 2.0% $29
$50,000 to $59,999 15 2.0% $59
$90,000 to $99,999 9 1.0% $119
$100,000 to $124,999 7 1.0% $129
$125,000 to $149,999 12 1.0% $169
$175,000 to $199,999 15 2.0% $229
$200,000 to $249,999 11 1.0% $278
$250,000 to $299,999 89 14.0% $348
$300,000 to $399,999 448 72.0% $438

Top Home Insurance Agents Near Summit, NJ

Home Insurance Company Near Summit, NJ Homeowners Insurance Agency Near Summit, NJ Address
NA Carpezzi-Liebert Group Inc. Dba Clg Insurance 172 Main St, Nanuet, NY, 10954
Liberty Mutual Independent Bradley & Parker Inc 320 S SERVICE RD STE L, MELVILLE, NY, 11747
Allstate John Mannara 4123 Hempstead Tpke, Bethpage, NY, 11714
Liberty Mutual Independent Liberty Insurance Assoc Inc 525 STATE ROUTE 33, MILLSTONE TWP, NJ, 8535
Allstate Louis Fontanella Jr. 302 Springfield Ave, Berkeley Heights, NJ, 7922

Cost Of Homeowners Insurance By Street Near Summit, NJ

Streets in Summit Area Homeowners Insurance Cost
Blackburn Pl, Beech Spring Dr, Cleveland Rd, Greenfield Ave, Sheridan Rd, Dale Dr, Railroad Ave, Harvey Dr, Beauvoir Pl, Whitesell Ct$983
Baltusrol Rd, Valley View Ave, Oak Ridge Ave, Stony Hill Ct, South Svc Rd, Cottage Ln, Russell Pl, Gloucester Rd, Laurel Ave, Hartley Rd$None
Milton Ave, Waldron Ave, Dorchester Rd, Princeton St, Edgemont Ave, Hickory Rd, Windsor Rd, Yale St, Chapel St, Rowan Rd$929
Kings Hill Ct, Joanna Way, Colonial Rd, Prospect Hill Ave, Evergreen Rd, Morris Ct, George St, Greenbriar Dr, Sweetbriar Rd, Karen Way$None
Magnolia Pl, Brook Ct, Bellevue Ave, Nassau Dr, Club Dr, North St, Meadowbrook Ct, Carleen Ct, Cromwell Pkwy, Meade Ct$None

Summit, NJ Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Summit$146 to $152
Springfield$133
Mountainside$142
New Providence$140

Summit, 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
Springfield township, Union County, New Jersey $134 $178 $267
Mountainside borough, New Jersey $143 $190 $285
New Providence borough, New Jersey $140 $187 $281

Summit, 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
Summit, NJ2.1%8.3%
Springfield2.45%7.41%
Mountainside2.27%7.92%
New Providence2.37%7.8%

Summit Renters Insurance as a Percentage of Rent

Summit Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$300 to $499 94 3.0% $1167
$500 to $749 52 2.0% $1842
$750 to $999 60 2.0% $2592
$1,000 to $1,499 917 38.0% $3717
$1,500 or more 1,263 52.0% $5367

Summit, NJ Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$1,200$5,200
Yearly Summit Homeowner Insurance Premium Example $2,900$1,900
Out of Pocket Expense During Claim$1,200$5,200
Total Home Insurance Premium for 5 years + Out of Pocket Expense for Claim $15,700$14,700
Net Savings to Summit Home Owner from High Deductible Plan $1,000

Summit, NJ Home Insurance Costs With Home Replacement Value Scenarios

Scenario Summit, NJ Home Replacement Value MORE than Home Value Summit, NJ Home Replacement Value LESS than Home Value
Replacement Value $679,500 $400,000
Insurance Premium based on Replacement Value $3,800 $2,250
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $148,000 Risk Exposure from Under Insuring Coverage is $131,500
Premium Impact Insurance cheaper by $725/year Insurance costlier by $825/year

Example Summit Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Chubb Group of InsuranceAmica Mutual Insurance CompanyLiberty Mutual
Monthly Premium 172209241
Year Built 196019481975
Home Details 3 Beds, 1 Baths4 Beds, 2 Baths5 Beds, 4 Baths
Coverage Amount $600000-$700000$800000-$900000More than 10000000
Deductible > $10,000 Deductible> $10,000 Deductible> $10,000 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1957 300,000 Composition Roof 1,020 2 $5000 to $10,000 Deductible 150 2 Vinyl siding yes
1968 420,000 Asphalt Shingles Roof 1,360 2 $5000 to $10,000 Deductible 1300 9 Stucco siding yes
1946 610,000 Asphalt Shingles Roof 1,520 2 $1000-$2500 Deductible 1570 10 Wood siding yes
1942 440,000 Metal Roof 1,370 2 $500- $1000 Deductible 710 3 Wood siding No
1977 770,000 Metal Roof 1,840 3 > $10,000 Deductible 960 5 Stone Siding yes
1973 790,000 Wood Shake Roof 1,930 4 $5000 to $10,000 Deductible 1440 9 Fiber-Cement Siding yes
1947 440,000 Tile Roof 1,520 2 > $10,000 Deductible 1380 10 Brick siding No
1959 560,000 Asphalt Shingles Roof 1,550 2 $1000-$2500 Deductible 1750 10 Stucco siding No
1962 525,000 Slate Shingles Roof 1,350 2 $5000 to $10,000 Deductible 1150 7 Wood siding yes
1975 1,570,000 Asphalt Shingles Roof 4,280 5 $5000 to $10,000 Deductible 2450 8 Wood siding No
1947 395,000 Composition Roof 1,230 3 $2500-$5000 Deductible 1600 12 Stone Siding yes
1941 485,000 Asphalt Shingles Roof 1,210 2 $500- $1000 Deductible 1120 7 Stucco siding No
1940 795,000 Shingles Roof 1,890 5 > $10,000 Deductible 1160 7 Stone Siding No
1974 1,135,000 Metal Roof 2,780 4 $5000 to $10,000 Deductible 810 3 Brick siding yes
1946 545,000 Composition Roof 1,840 4 > $10,000 Deductible 170 2 Vinyl siding yes
1963 695,000 Metal Roof 2,130 5 $500 Deductible 220 1 Stucco siding yes
1955 590,000 Shingles Roof 1,840 3 $500- $1000 Deductible 220 1 Vinyl siding No
1961 400,000 Tile Roof 1,060 2 $1000-$2500 Deductible 1390 9 Fiber-Cement Siding No
1968 1,295,000 Slate Shingles Roof 3,350 5 $500- $1000 Deductible 2210 7 Stucco siding yes
1956 2,060,000 Composition Roof 4,980 5 > $10,000 Deductible 220 1 Wood siding yes
1944 960,000 Metal Roof 2,930 4 > $10,000 Deductible 1170 5 Stucco siding No
1967 675,000 Composition Roof 1,820 4 > $10,000 Deductible 1210 6 Stone Siding No
1946 510,000 Composition Roof 1,340 2 > $10,000 Deductible 780 9 Stone Siding No
1976 645,000 Wood Shake Roof 1,740 4 $500 Deductible 1850 6 Brick siding No
1966 945,000 Tile Roof 3,090 5 $5000 to $10,000 Deductible 1520 7 Fiber-Cement Siding No
1946 570,000 Asphalt Shingles Roof 1,400 3 > $10,000 Deductible 500 5 Stone Siding No
1979 725,000 Tile Roof 2,170 3 $500- $1000 Deductible 2440 8 Stucco siding No
1967 565,000 Wood Shake Roof 1,800 3 $5000 to $10,000 Deductible 160 1 Stucco siding yes
1950 980,000 Wood Shake Roof 2,810 5 $5000 to $10,000 Deductible 950 4 Stone Siding yes
1974 655,000 Shingles Roof 2,050 5 > $10,000 Deductible 120 1 Stucco siding No