Takoma Park Insurance Rates:

Takoma Park, MD homeowners insurance is about $641 to $875, about $53-$72/month. Our detailed guide shows customers can save as much as $302 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Latest Home Insurance Reviews

Usaa
I am completely satisfied. I had issues before, such as a flooding of the basement and they covered the damage. I feel like the coverage is adequate and they have different price points and additions. Customer service is the best I've experienced.

Takoma Park, MD Homeowners Insurance By Home Value

Takoma Park, MD Home Value Total Homes % of Total Average Takoma Park, MD Homeowners Insurance
Less than $50,000 63 5.0% $37
$100,000 to $124,999 27 2.0% $174
$150,000 to $174,999 19 1.0% $257
$175,000 to $199,999 58 4.0% $295
$200,000 to $249,999 173 13.0% $355
$250,000 to $299,999 130 10.0% $439
$300,000 to $399,999 749 60.0% $552

Top Home Insurance Agents Near Takoma Park, MD

Home Insurance Company Near Takoma Park, MD Homeowners Insurance Agency Near Takoma Park, MD Address
Travelers Aml Insurance Agency 6000 Stevenson Avenue Suite 204, Alexandria, VA, 22304
Travelers Chris Hondros Ins Assoc 2410 UNIVERSITY BLVD W, WHEATON, MD, 20902
Travelers Pg Group 6300 KENILWORTH AVENUE SUITE 4, RIVERDALE, MD, 20737
Allstate Toan Ngo 7910 Andrus Rd Ste 15, Alexandria, VA, 22306
Liberty Mutual Independent W C Insurance Services Llc 19508 HALMOS RD, POOLESVILLE, MD, 20837

Cost Of Homeowners Insurance By Street Near Takoma Park, MD

Streets in Takoma Park Area Homeowners Insurance Cost
Prince Georges Ave, 10th Ave, Sheridan Ave, Domer Ave, Jackson Ave, Takoma Ave, Davis Ave, Albany Ave, Manor Cir, Tulip Ave$777
Poplar Ave, Gude Ave, Glenside Dr, Larch Ave, Cleveland Ave, 5th Ave, Roanoke Ave, Holstein St, Quebec Ter, Hilltop Rd$744
Wildwood Dr, Prospect St, Sherman Ave, Kennebec Ave, Ruatan St, New York Ave, Birch Ave, Kennebec Ave, Wabash Ave, Division St$728
4th Ave, Cole Ave, Cockerille Ave, Kansas Ln, Merrimac Dr, Glaizewood Ave, Alfred Dr, Clayborn Ave, Holt Pl, Hopewell Ave$741
Hudson Ave, Fenton St, Osage St, Trescott Ave, Holly Ave, Hood St, Linden Ave, Glengary Pl, Jackson Ave, Austin Pl$748

Takoma Park, MD Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Takoma Park$112 to $114
Langley Park$103
Chillum$104
Silver Spring$112

Takoma Park, MD Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Langley Park CDP, Maryland $87 $115 $173
Chillum CDP, Maryland $87 $116 $174
Silver Spring CDP, Maryland $94 $125 $188

Takoma Park, MD 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
Takoma Park, MD2.5%7.9%
Langley Park2.75%9.72%
Chillum2.79%9.28%
Silver Spring2.49%9.51%

Takoma Park Renters Insurance as a Percentage of Rent

Takoma Park Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 102 3.0% $306
$200 to $299 76 2.0% $756
$300 to $499 148 4.0% $1206
$500 to $749 399 12.0% $1881
$750 to $999 1,053 33.0% $2631
$1,000 to $1,499 1,008 32.0% $3756
$1,500 or more 320 10.0% $5406

Average Cost Of Home Insurance By Company In Areas Nearby Takoma Park For Different Scenarios

Home Value ($) Deductible ($) Construction Type Age of Home (Years) Company Premium ($)
410,000 1,000 Masonry 15 Allstate Vehicle & Property Insurance Co. 1,226
310,000 500 Frame 35 Cumberland Mutual Fire Insurance Co. 1,167
410,000 1,000 Masonry 15 Esurance Insurance Co. 1,273
410,000 1,000 Masonry 15 Horace Mann Insurance Co. 1,233
460,000 1,000 Frame 10 Liberty Insurance Corp. 1,335
310,000 500 Frame 35 Nationwide General Insurance Co. 1,427
410,000 1,000 Masonry 15 Nationwide General Insurance Co. 1,147
310,000 500 Frame 35 Standard Guaranty Insurance Co. 3,487
410,000 1,000 Masonry 15 State Farm Fire & Casualty Co. 1,291
410,000 1,000 Masonry 15 Unitrin Direct Property & Casualty Co. 1,467

Takoma Park, MD Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$900$3,900
Yearly Takoma Park Homeowner Insurance Premium Example $1,400$900
Out of Pocket Expense During Claim$900$3,900
Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim $10,700$10,200
Net Savings to Takoma Park Home Owner from High Deductible Plan $500

Takoma Park, MD Home Insurance Costs With Home Replacement Value Scenarios

Scenario Takoma Park, MD Home Replacement Value MORE than Home Value Takoma Park, MD Home Replacement Value LESS than Home Value
Replacement Value $632,000 $434,000
Insurance Premium based on Replacement Value $2,725 $1,875
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $115,500 Risk Exposure from Under Insuring Coverage is $82,500
Premium Impact Insurance cheaper by $375/year Insurance costlier by $475/year

Example Takoma Park Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Chubb Group of InsuranceLiberty MutualAllstate
Monthly Premium 2167797
Year Built 195319451972
Home Details 4 Beds, 2 Baths2 Beds, 1 Baths3 Beds, 1 Baths
Coverage Amount $600000-$700000$250000-$300000$350000-$400000
Deductible $500- $1000 Deductible$1000-$2500 Deductible> $10,000 Deductible

Sample Home Insurance Rates for Takoma Park, MD from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1950 250,000 Wood Shake Roof 960 2 $500- $1000 Deductible 90 1 Brick siding No
1958 475,000 Tile Roof 2,290 4 $1000-$2500 Deductible 1580 8 Brick siding yes
1942 480,000 Shingles Roof 2,380 5 $5000 to $10,000 Deductible 1390 12 Brick siding yes
1967 325,000 Metal Roof 1,630 3 $500- $1000 Deductible 910 6 Fiber-Cement Siding No
1974 265,000 Shingles Roof 1,050 2 $5000 to $10,000 Deductible 380 5 Stucco siding yes
1955 365,000 Metal Roof 1,650 5 $1000-$2500 Deductible 110 1 Brick siding No
1973 335,000 Asphalt Shingles Roof 1,570 5 $2500-$5000 Deductible 810 7 Brick siding yes
1948 595,000 Tile Roof 2,300 3 $2500-$5000 Deductible 1690 9 Fiber-Cement Siding yes
1964 200,000 Slate Shingles Roof 980 2 $1000-$2500 Deductible 140 2 Stucco siding No
1964 625,000 Metal Roof 2,650 4 $500- $1000 Deductible 1940 8 Stone Siding No
1949 675,000 Metal Roof 3,380 5 > $10,000 Deductible 140 1 Wood siding No
1972 395,000 Tile Roof 1,840 3 > $10,000 Deductible 270 4 Stone Siding yes
1968 680,000 Wood Shake Roof 2,600 4 $2500-$5000 Deductible 1460 7 Vinyl siding No
1961 830,000 Wood Shake Roof 3,930 5 $500 Deductible 3560 9 Stone Siding yes
1977 355,000 Membrane Roof 1,700 4 $5000 to $10,000 Deductible 660 8 Fiber-Cement Siding yes
1967 385,000 Slate Shingles Roof 1,570 2 $500 Deductible 710 6 Stone Siding yes
1955 420,000 Slate Shingles Roof 1,850 4 > $10,000 Deductible 530 7 Vinyl siding No
1961 365,000 Asphalt Shingles Roof 1,940 4 $500- $1000 Deductible 220 2 Wood siding No
1945 790,000 Wood Shake Roof 3,230 5 $1000-$2500 Deductible 3490 9 Stucco siding No
1953 525,000 Tile Roof 2,050 4 $500- $1000 Deductible 910 4 Fiber-Cement Siding yes
1942 280,000 Slate Shingles Roof 1,290 2 $1000-$2500 Deductible 720 10 Brick siding yes
1957 320,000 Composition Roof 1,740 4 $2500-$5000 Deductible 1330 10 Brick siding No
1979 495,000 Tile Roof 2,180 4 $5000 to $10,000 Deductible 530 3 Brick siding yes
1946 995,000 Asphalt Shingles Roof 4,390 5 $1000-$2500 Deductible 1490 4 Stone Siding yes
1961 585,000 Wood Shake Roof 2,860 5 $1000-$2500 Deductible 2290 12 Wood siding yes
1972 340,000 Metal Roof 1,340 2 $2500-$5000 Deductible 1020 12 Brick siding yes
1950 290,000 Asphalt Shingles Roof 1,540 5 $500- $1000 Deductible 1070 8 Stucco siding yes
1959 405,000 Tile Roof 2,040 3 $1000-$2500 Deductible 880 6 Vinyl siding No
1960 470,000 Metal Roof 2,470 4 $500 Deductible 180 1 Fiber-Cement Siding No
1975 350,000 Membrane Roof 1,770 2 $2500-$5000 Deductible 360 3 Fiber-Cement Siding yes