Homeowners Insurance in New Jersey

Homeowners insurance shouldn't be complicated. Compare New Jersey rates by city and carrier below.

How to find cheap homeowners insurance in New Jersey


Home insurance is an optional — but important — product that works to keep your belongings safe in the event your home suffers damage from common incidents. A homeowners insurance policy protects your home and your items in the event of a variety of circumstances, such as fire, theft, vandalism, or wind damage.

Differences exist in home insurance costs from state to state. Home insurance costs by state diverge based on the number of — and value of — home policy claims filed in the state, and depend on the value of the belongings and home insured on the policy.

The easiest way to acquire cheap home insurance in New Jersey is to compare rates from a variety of insurance companies. Get an idea of average home insurance rates in New Jersey via the below breakdown. Individual rates may vary depending on coverage options and the value of the dwelling being insured.


Homeowners insurance in New Jersey:
  1. Rates by company
  2. Homeowners rates by city
  3. Bundling

Home insurance rates in New Jersey by carrier

Prices for home insurance in New Jersey vary depending on the insurer you choose. New Jersey Manufacturers offers the most affordable homeowners policies in New Jersey — only $522 per year. This compares favorably to the state's average cost of $934, offering a $412 discount on average statewide home insurance costs.

Begin the hunt for cheap homeowners insurance by reviewing the cheapest New Jersey carriers, listed below.


HOME INSURANCE RATES IN NEW JERSEY: BY COMPANY
CompanyAverage Annual Rate in New Jersey
New Jersey Manufacturers$522.24
New Jersey Skylands$526.50
Cumberland Insurance Group$532.40
Narragansett Bay$579.62
State Farm$739.31

New Jersey homeowners insurance by city

Not every city in New Jersey has equal home insurance costs. Prices depend on city-specific variables, including the number of claims filed in the immediate area, meaning your ZIP code could have a major impact on how much you pay.

The most affordable home insurance in New Jersey is found in Fort Lee. An average home insurance policy in Fort Lee costs just $831 per year — $104 less than the statewide average. The below cities have the most affordable home insurance in New Jersey.


AFFORDABLE CITIES FOR HOME INSURANCE IN NEW JERSEY
CityAverage 12-Month Home Insurance Rate
Fort Lee$830.74
Hackensack$843.37
New Brunswick$867.26
Linden$877.47
Perth Amboy$895.03

Tip: bundle home and auto insurance in New Jersey

If you’re seeking ways to save on your insurance expenditures, consider purchasing both your homeowners and auto insurance policies from one company. Bundling auto and home insurance in New Jersey can lead to substantial savings on auto insurance. Bundling policies in New Jersey results in a yearly discount of $120.


HOME AND AUTO INSURANCE BUNDLING SAVINGS IN NEW JERSEY
Avg. 12-Month Auto Insurance Rate (No Bundle)Avg. 12-Month Auto Insurance Rate (Bundle)Annual Bundle SavingsBundle Savings %
$1,511.00$1,391.00$120.009%

A great way to save is to bundle your home and auto insurance policies. Get started today!


Find affordable insurance today!