Yonkers ,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 Yonkers, 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 Yonkers, NY is $1441. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Yonkers, NY. VHome Insurance will help you navigate the world of homeowners insurance coverages in Yonkers, NY.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $576 |
| $200,000 | $980 |
| $300,000 | $1,210 |
| $400,000 | $1,844 |
| $500,000 | $2,320 |
Home insurance costs in Yonkers 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 |
|---|---|
| 010710 | $1,384 |
| 10705 | $1,371 |
| 10704 | $1,379 |
| 10703 | $1,353 |
| 10701 | $1,345 |
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 Yonkers, NY, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,477 |
| $1000 Deductible | $1,321 |
| $1500 Deductible | $1,246 |
| $2500 Deductible | $1,124 |
| $5000 Deductible | $951 |
| Home Insurance Company Near Yonkers, NY | Homeowners Insurance Agency Near Yonkers, NY | Address |
|---|---|---|
| Allstate | Betty Starobinsky | 410 Brighton Beach Ave, Brooklyn, NY, 11235 |
| Travelers | Davies & Associates | 80 FLORAL AVE, MURRAY HILL, NJ, 7974 |
| Nationwide | Ginsberg Agency Llc | 222 Atlantic Ave, Oceanside, NY, 11572 |
| Allstate | Joseph Beringhelli | 52-C West Madison Ave, Dumont, NJ, 7628 |
| Allstate | Thomas Mcdermott | 370 Lexington Ave Rm 1512, New York, NY, 10017 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Bronxville village, New York | $112 | $149 | $224 |
| Tuckahoe village, New York | $101 | $135 | $203 |
| Eastchester town, Westchester County, New York | $102 | $136 | $204 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Yonkers, NY | 2.1% | 5.4% |
| Bronxville | 1.56% | 6.23% |
| Tuckahoe | 1.77% | 5.64% |
| Eastchester | 1.65% | 5.68% |
| Yonkers Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 1,552 | 4.0% | $770 |
| $300 to $499 | 1,930 | 5.0% | $1220 |
| $500 to $749 | 3,189 | 8.0% | $1895 |
| $750 to $999 | 6,467 | 17.0% | $2645 |
| $1,000 to $1,499 | 15,051 | 39.0% | $3770 |
| $1,500 or more | 9,368 | 24.0% | $5420 |
| Streets in Yonkers Area | Homeowners Insurance Cost |
|---|---|
| Culver St, Raymond Pl, Elinor Pl, Bellevue Pl, Undercliff St, Juana St, Beechwood Ter, Enterprise Blvd, Hancock Ave, Bayley Ave | $635 |
| Lamar Pl, Colonial Pkwy, Lasalle Dr, Eastwind Rd, Pelton St, Hart Ave, Wellyn Rd, Essex Pl, Park View Ave, McArthur Ave | $611 |
| Hilltop Acres, Fairview St, George St, Overcliff St, Bashford St, Malvern Rd, Ashton Rd, Cassilis Ave, Cambridge Ave, Kenmore St | $694 |
| Bogert Pl, Caroline Ave, Bronxville Rd, Grosbeak Rd, Odell Plz, Hudson View Dr, Rider Ave, Knowles St, Dickinson Ave, Rossmore Ave | $649 |
| Spafford Ave, Frederick St, Blackford Ave, Yonkers Ter, Fernbrook St, Wainwright Ave, Colin St, Columbus Pl, Primrose Ave, Altonwood Pl | $683 |
| Rudolph Ter, Clubway Cir, Vredenburgh Ave, Father Finian Sullivan Dr, Dorset Rd, Caryl Ave, Lindsey St, Nelson St, Abbott St, Dartmouth Ave | $663 |
| Allen Ave, Middleboro Dr, Hudsonview Ter, Trausneck Pl, Lane St, Healey Pl, Bristol Pl, S Waverly St, Langdon Ter, Birch Brook Rd | $662 |
| Calmet Pl, Morsemere Pl, Larrimore Rd, Morris St, Gunther Ave, Xavier Dr, Philipse Rd, Robley St, Prospect Ter, Woodrow Dr | $646 |
| Onondaga St, Patton Dr, Longvale Rd, Morningside Pl, Travers Ave, Convent Ave, Delaware Rd, Carroll St, Cowles Ave, Crisfield St | $658 |
| Executive Blvd, Valley Ave, Morsemere Ave, Elliott Ave, Castle St, Wolffe St, Treadwell Pl, Henderson Ave, College Pl, Staunton St | $673 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Yonkers | $97 to $99 |
| Bronxville | $112 |
| Tuckahoe | $101 |
| Eastchester | $102 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,600 | $2,600 |
| Yearly Yonkers Homeowner Insurance Premium Example | $4,400 | $3,900 |
| Out of Pocket Expense During Claim | $1,600 | $2,600 |
| Total Home Insurance Premium for 5 years + Out of Pocket Expense for Claim | $23,600 | $22,100 |
| Net Savings to Yonkers Home Owner from High Deductible Plan | $1,500 | |
| Scenario | Yonkers, NY Home Replacement Value MORE than Home Value | Yonkers, NY Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $509,000 | $369,000 |
| Insurance Premium based on Replacement Value | $4,725 | $3,425 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $70,000 | Risk Exposure from Under Insuring Coverage is $70,000 |
| Premium Impact | Insurance cheaper by $650/year | Insurance costlier by $650/year |
| Insurance Company | Chubb Group of Insurance | Allstate | State Farm |
| Monthly Premium | 115 | 404 | 417 |
| Year Built | 1966 | 1953 | 1971 |
| Home Details | 2 Beds, 1 Baths | 3 Beds, 2 Baths | 4 Beds, 1 Baths |
| Coverage Amount | $175000-$200000 | $400000-$500000 | $500000-$600000 |
| Deductible | $5000 to $10,000 Deductible | $500- $1000 Deductible | $500- $1000 Deductible |