In Depth Analysis of Newark, New Jersey Home Insurance Rates to get you a leg up in your negotiations after you get quotes.
Here is a list of replacement costs & home insurance for Newark, NJ & nearby areas
| Place | Typical Home Size | Replacement Cost | Monthly Home Insurance Cost |
|---|---|---|---|
| Newark | 3 Beds, 1 Bath, 1220 sqft | $106,000 | $58 |
| Wharton | 2 Beds, 1 Bath, 1,400 sqft | $182,000 | $55 |
| Fanwood | 2 Beds, 1 Bath, 1,640 sqft | $318,000 | $92 |
| South Brunswick | 2 Beds, 1 Bath, 1,000 sqft | $102,000 | $52 |
| Jersey City | 3 Beds, 1 Bath, 1,610 sqft | $215,000 | $68 |
| Weston | 3 Beds, 2 Baths, 1,750 sqft | $225,000 | $63 |
| Fairview | 3 Beds, 1 Bath, 1,980 sqft | $262,000 | $105 |
| Trenton | 3 Beds, 2 Baths, 2,360 sqft | $326,000 | $96 |
| Oceanside, NY | 3 Beds, 1 Bath, 2,360 sqft | $340,000 | $63 |
| Hackettstown | 2 Beds, 1 Bath, 1,270 sqft | $162,000 | $64 |
| Lake Como | 3 Beds, 1 Bath, 1,330 sqft | $196,000 | $39 |
| East Rutherford | 2 Beds, 1 Bath, 1,300 sqft | $132,000 | $64 |
| Ocean Grove | 3 Beds, 2 Baths, 1,360 sqft | $130,000 | $32 |
| Cold Spring Harbor, NY | 3 Beds, 2 Baths, 2,070 sqft | $342,000 | $102 |
| Frankford | 3 Beds, 1 Bath, 1,840 sqft | $241,000 | $136 |
| Amityville, NY | 2 Beds, 1 Bath, 1,430 sqft | $150,000 | $43 |
| Harrison | 2 Beds, 1 Bath, 1,450 sqft | $241,000 | $68 |
| Munsey Park, NY | 3 Beds, 1 Bath, 2,330 sqft | $265,000 | $104 |
| Saddle Brook | 2 Beds, 1 Bath, 1,470 sqft | $201,000 | $30 |
| Brookfield | 2 Beds, 1 Bath, 910 sqft | $103,000 | $60 |
| Salisbury, NY | 3 Beds, 2 Baths, 2,280 sqft | $315,000 | $221 |
Here are some typical claims filed in Newark:
| Claim | Typical Claim Amount |
|---|---|
| SLIP/FALL (LIABILITY) | $50,500 |
| WATER DAMAGE | $20,500 |
| WIND | $3,500 |
Your Newark, NJ insurance agent (see examples below) can help with your claims.
Here is a list of Newark, NJ homeowners with differing backgrounds & their changing home insurance.
| Employment Status | Credit Score | Income Level | Other Details | Monthly Home Insurance Rate |
|---|---|---|---|---|
| Part Time Job | 750-799 Credit Score | <$25,000 | 2 Pets, Smoker | $270 |
| Full Time Job | 500-549 Credit Score | $50 to $75,000 | 1 Pet, Smoker | $390 |
| Unemployed | 550-599 Credit Score | No Income | 3 Pets, Non-Smoker | $210 |