The insurance company we recommend to most homeowners in New Jersey is NJM.

Best homeowners insurance rates in nj. That puts New Jerseys average cost of home insurance at 4 below the US. In New Jersey rates are slightly lower with an average cost of 1149. Prices for home insurance in New Jersey vary depending on which insurance company you use.

Therefore homeowners in New Jersey will pay an average monthly premium of 98. New Jersey Manufacturers underwrites the most affordable home insurance policies in New Jersey only 522 each year. Its smart to compare homeowners insurance quotes from multiple providers to assess their coverage options and prices and then select the most suitable policy for your house.

We found that some of the cheapest home insurance rates are offered by Lemonade and Erie both included in our list of best home insurance companies. How much is home insurance in NJ. The average cost of home insurance in the US is 1173 a year.

According to the Insurance Information Institute the average annual premium for homeowners insurance in New Jersey is 1192 just 19 below the national average. New Jersey Skylands offers the most affordable home insurance in Jersey City at just 527 per year. Despite New Jerseys risks the difference in the national and the states premium is only 18.

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code above located in. Average New Jersey homeowners insurance rates The average cost of homeowners insurance in New Jersey is 1161 a year or 97 a month. Your home is likely the biggest financial investment youll ever make and whether youre purchasing a starter home in Trenton or a retirement cottage in Long Beach.

Its average annual rate of 776 for our sample property is 45 less expensive than the typical price we found statewide and 18 cheaper than the second-cheapest option we found. We found that Union City has the highest rates in the state with a 3370 average annual premium for 100000-500000 in coverage. It offers the best prices we found across the state by a substantial margin.