Kearny, NJ Homeowners Insurance Rate Quotes!

For Kearny homeowners, the average premium per year for a standard homeowners policy is around $76 per month or around $906 per year. . The national average is estimated at $1,311 per year for a basic HO-3 homeowners policy. At GetHomeInsuranceQuotes.com, we shop up to 12 companies for you all in one place. We evaluate the lowest price, the best coverage and include any discounts or credits that can be applied to help provide the cheapest home insurance rate for your home and family in Kearny. Our online quoting process is hassle free, we are able to compare the most competitive companies which helps Kearny homeowners easily finalize a new homeowners policy quickly and easily online or over the phone.

Getting Affordable Rates in Kearny

If your homeowners insurance rate in Kearny has increased, it may be due to your claims history. Or the location of your Kearny home is in a higher risk area due to flood damage, wind or hail claims or crime rates. Other reasons may be that your current home insurance carrier has saturated the market and is now increasing premiums throughout the state of New Jersey. All of these reasons are great for you to explore other options and shop local rates online at GetHomeInsuranceQuotes.com. Thousands of homeowners like you use our quoting process to help find the best rate or coverage. Enter your zip code for your home in Kearny, NJ and we can get started on compare coverage. If you prefer to call us, please call 1-855-976-2656.

Avg. NJ Rate	Discounts	Savings	Shop Rates
$1,277	up to 40% off	$511	Get Kearny NJ Rates!

Compare Homeowners Insurance Rates in Kearny, NJ!

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Average Rates Nearby Kearny

Are you looking for homeowners insurance in a city near Kearny? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Kearny, NJ

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Kearny.

07032,

Kearny, NJ Home Insurance Average Premiums

Local Kearny, NJ home insurance quotes comparison

$656 /yr.

Shows Kearny's lowest average rates with discounts applied.

For the city of Kearny, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:	Annual Premium
1800 sq. ft. or below (discounts applied)	$656 /yr.
Average Coverage:	$906 /yr.
2600 sq. ft. or higher (all discounts applied)	$1206 /yr.

What is the average home insurance cost for a home in Kearny, NJ?

• The average homeowners insurance premium paid annually for a home in Kearny is around $906 per year.

What does it cost on average per month for home insurance in Kearny, NJ?

• Homeowners in Kearny pay an average cost per month around $76.00 for insurance coverage.

Kearny, NJ Coastal Wind, Hail & Flood Information

Kearny is located in a coastal county which greatly increases the risk of hurricanes and windstorms. Our quoting process will include wind and hail coverage options to give you the best protection you need against high winds and storm damage.

Flood Zone Notice: The beautiful coastal city of Kearny is know for it's beautiful beaches and waterways. Because Hudson County (FIPS: 34017) has a shoreline and is in a coastal area it is important to purchase flood insurance. The risk is very high in this area and we will work with you to provide the best flood insurance coverage you need for your home in Kearny, NJ.

Kearny, NJ - 2023 Housing Information

Month	Current Home Value (2023)	Last Year Home Value (2022)
January	$443,736	$426,113
February	$446,251	$428,875
March	$451,017	$432,826
April	$453,937	$436,967

Homeowners insurance will help cover the cost to repair or replace your Kearny home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Kearny
Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.

Get up to 12 competitive Kearny, NJ homeowners insurance rates all in one place!

Saving Money Tips on Kearny Home Insurance

A great way to save money on Kearny homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Kearny area? Check out what homeowners are paying on average for New Jersey homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation	Details	Homeowners Tips
2 ft.	This is the average home elevation in Kearny, NJ	» Elevation is crucial to a homeowners insurance policy because it determines the risk of your home being in a flood zone which is particularly important in a coastal state such as Kearny, New Jersey. A standard homeowners policy does not cover flood damage. If you live in a flood prone area, you will need to purchase a separate flood to fully protect your home. Call Now for Flood Insurance Quotes: 888-620-1954! Flood insurance can be purchased via the National Flood Insurance Program (NFIP) or in the private market. NFIP policies come with coverage caps and other restrictions so you may need to supplement your flood insurance coverage with a private market policy. It's important to remember that flooding occurs in low and moderate risk areas as well. According to FEMA data, almost 25% of all flood claims come from low to moderate-risk areas.

Elevation

Details

Homeowners Tips

2 ft.

This is the average home elevation in Kearny, NJ

» Elevation is crucial to a homeowners insurance policy because it determines the risk of your home being in a flood zone which is particularly important in a coastal state such as Kearny, New Jersey.

A standard homeowners policy does not cover flood damage. If you live in a flood prone area, you will need to purchase a separate flood to fully protect your home.

Call Now for Flood Insurance Quotes: 888-620-1954!

Flood insurance can be purchased via the National Flood Insurance Program (NFIP) or in the private market. NFIP policies come with coverage caps and other restrictions so you may need to supplement your flood insurance coverage with a private market policy.

It's important to remember that flooding occurs in low and moderate risk areas as well. According to FEMA data, almost 25% of all flood claims come from low to moderate-risk areas.

To get online quotes on your home and compare rates on home insurance premiums in Kearny, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Hudson County.

New Jersey Homeowners Insurance News & Information

Buy Flood Insurance: What we learned from Hurricane Ida Posted on Monday 20th September, 2021
On September 2, 2021, Parked cars in New Brunswick, New Jersey submerged underwater after Tropical Storm Ida. Hurricane Ida struck Louisiana as a category 4 hurricane with 150 mile an hour winds and days later hit New Jersey, New York, and other states with a massive amount of rain that has caused numerous flash floods, […]
FEMA’s new rating system is called “Risk Rating 2.0,” effective October 1st, 2021 Posted on Wednesday 28th April, 2021
A recent report by ValuePenguin looked at the new risk ratings that the Federal Emergency Management Agency’s (FEMA) will be using when determining premiums for flood insurance in the National Flood Insurance Program (NFIP). The report found that millions of homeowners could see noticeable increases in flood insurance costs. FEMA’s new rating system is called […]
Update: New Jersey Ordered Insurance Relief Posted on Wednesday 22nd April, 2020
New Jersey residents may see some relief from insurance premiums due to COVID-19 pandemic. Recently, the New Jersey Department of Banking and Insurance ordered insurers to provide financial relief to residents and businesses. The guidance was signed last week by Governor Phil Murphy and extends the grace periods during which insurance companies will not be […]
Mortgage Payment Relief 2020: Tips & Questions Posted on Tuesday 21st April, 2020
Homeowners across the country are suffering as unemployment climbs across all industries, making it difficult for many homeowners to cover all of their bills. The Federal government, as well as some private mortgage companies are offering a bit of help by allowing some homeowners to apply for mortgage relief. While this sounds great, there can […]
New Mortgage Relief for New Jersey Homeowners During Coronavirus Crisis Posted on Wednesday 15th April, 2020
Aerial view of Atlantic City, New Jersey, overlooking Atlantic City Boardwalk and pier. In a recent announcement, New Jersey Gov. Phil Murphy revealed the details of a 90-day grace period for mortgage payments for all New Jersey homeowners that have been financially impacted by the outbreak of the coronavirus. This will allow New Jersey residents […]

Kearny, NJ Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Kearny so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Kearny, NJ?

- The average square footage in Kearny is around 1,726 Sq. Ft. which would cost you around $333,100 to replace the home if you base the home on the price to build per square foot of $193.

Minimum Replacement Cost Total: $333,100

Location: Kearny, New Jersey (Hudson County)

Average Building Cost Per Square Foot in Kearny: $193 (low end)

Average Square Footage in Kearny: 1,726 Sq. Ft.

Home Improvement Status	Price per Sq. Ft.	Dwelling Coverage
None or Very Minor Improvements	$193	$333,100
Some Additional Upgrades	$241	$416,375
Major Home Updates or Advancements	$290	$499,650

Calculate Your Kearny, NJ Dwelling Coverage

The dwelling coverage is calculated by the average cost per square foot ($193) in Kearny, New Jersey times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $603,125 (Media price to build of $241 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.