Get Bernie, MO Home Insurance Rates!
We have great homeowners insurance quotes and rates for your home in Bernie, Missouri, our online quoting process helps you compare the top insurance companies in Bernie. Our free quoting process allows you to review up to 12 competitive home insurance rates to help you compare ratings, coverages and rates. Let us help you shop the best rate and coverage for your Bernie home today, simply enter your Missouri zip code or give us a call now!
The most common questions we get asked is "how much is my homeowners insurance going to be"? For homeowners living in Bernie, MO, the average home policy is around $108 per month or $1,301 per year. Your new Missouri homeowners premium will be paid annually, usually in a state of escrow managed by your mortgage provider. Average home rates are based on a standard home insurance policy, titled an HO-3. Home insurance companies rate risk differently so it is important to let a company like GetHomeInsuranceQuotes.com do the shopping for you and help answer any questions that you may have about your coverage, flood insurance, wind/hail coverage and discounts.
Additional questions asked about homes in Bernie:
What is the replacement cost coverage for my home?
Home insurance companies will assign a replacement cost value to your home in case it was ever in need of rebuilding. Remember the cost to replace your home is not the same as buying the home because the cost of land does not need to be itemized as an expense when replacing the structure. Try our home replacement cost calculator to easily generate your total replacement cost coverage, you will see three options to choose from.
How many people live in Bernie?
The total city area population for Bernie, MO is 1,958.
How many homes in the Bernie area?
The total homes in the city of Bernie is 1,202 housing units.
What is the average Bernie household income?
The average income in the Bernie area is around $39,505.
How much do the homes in Bernie cost on average?
The average cost of a home in Bernie is estimated to be around $78,800.
Compare Homeowners Insurance Rates in Bernie, MO!
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Average Rates Nearby Bernie
Are you looking for homeowners insurance in a city near Bernie? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!
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Home Insurance Rates by Zipcode in Bernie, MO
Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Bernie.
Bernie, MO Home Insurance Average Premiums
$719 /yr.
For the city of Bernie, 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) | $719 /yr. |
| Average Coverage: | $969 /yr. |
| 2600 sq. ft. or higher (all discounts applied) | $1269 /yr. |
What is the average home insurance cost for a home in Bernie, MO?
- • The average homeowners insurance premium paid annually for a home in Bernie is around $969 per year.
What does it cost on average per month for home insurance in Bernie, MO?
- • Homeowners in Bernie pay an average cost per month around $81.00 for insurance coverage.
Bernie, MO - 2023 Housing Information
| Month | Current Home Value (2023) | Last Year Home Value (2022) |
|---|---|---|
| January | $94,124 | $92,037 |
| February | $95,308 | $92,513 |
| March | $95,750 | $92,625 |
| April | $94,577 | $92,583 |
Homeowners insurance will help cover the cost to repair or replace your Bernie 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 Bernie
- 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 Bernie, MO homeowners insurance rates all in one place! |
Saving Money Tips on Bernie Home Insurance
A great way to save money on Bernie 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 Bernie area? Check out what homeowners are paying on average for Missouri homeowners insurance.
Elevation Review for Coastal Wind or Flooding Risk
| Elevation | Details | Homeowners Tips |
|---|---|---|
| 304 ft. | This is the average home elevation in Bernie, MO | Did you know that the elevation in which your home resides is crucial to a home insurance policy because it determines the risk factor related to your home being in a flood zone. It is important to understand that your home is not covered for floods under a standard homeowners policy. You will need to speak with a local Missouri flood insurance agent about a flood insurance policy, please give us a call now at 888-620-1954. |
To get online quotes on your home and compare rates on home insurance premiums in Bernie, 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 Stoddard County.
Missouri Homeowners Insurance News & Information
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Homeowners Below a 580 Credit Score Pay 35% More for Home Insurance Posted on Monday 15th April, 2024
While the odds of a major disaster hitting a specific home is the same regardless of whether the owner has a great credit score or one that puts them in a subprime category, their credit score will impact their rate in many states. In most states, insurers are allowed to consider credit scores when setting […]
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The Best Way to Check the Financial Strength of Home Insurance Companies Posted on Wednesday 3rd April, 2024
If you are switching insurance companies, you should always check the financial strength of any insurer you are seriously considering. While an affordable premium is always a plus, if your insurance company cannot afford to pay when you file a claim, the savings will certainly not be worth it. A.M. Best is a credit rating […]
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Florida’s Broward Commissioner is Asking Congress to Lower Insurance Rates Posted on Monday 1st April, 2024
A bill in the U.S. House called the Natural Disaster Reinsurance Plan, hopes to lower insurance costs for policyholders in states that opt-in to the program which will scale back the requirements regarding the amount of reinsurance that insurance companies need to purchase. Currently, a Broward commissioner is asking Congress to pass legislation he claims […]
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North Carolina Coastal Home Insurance Rates Posted on Friday 29th March, 2024
North Carolina is a fantastic place to live with plenty of cultural activities, beautiful beaches, world-class cities as well as great restaurants and shopping. The only disadvantage to living in North Carolina, particularly if your home is located in coastal area is the cost of homeowners insurance. The average premium for a standard homeowners insurance […]
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How Do Renovations Impact Home Insurance? (2024 Guide) Posted on Friday 15th March, 2024
Making renovations to your home can have a major impact on your insurance coverages as your risk profile changes. Adding square footage, putting in a swimming pool, outbuilding or upgrading your electrical may change the value of your home which could leave your underinsured. Major upgrades such as adding square footage to your home or […]
Bernie, MO Dwelling Coverage Estimate
It is important to calculate your dwelling coverage for your home in Bernie 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 Bernie, MO?
- The average square footage in Bernie is around 646 Sq. Ft. which would cost you around $78,800 to replace the home if you base the home on the price to build per square foot of $122.
Minimum Replacement Cost Total: $78,800
Location: Bernie, Missouri (Stoddard County)
Average Building Cost Per Square Foot in Bernie: $122 (low end)
Average Square Footage in Bernie: 646 Sq. Ft.
| Home Improvement Status | Price per Sq. Ft. | Dwelling Coverage |
|---|---|---|
| None or Very Minor Improvements | $122 | $78,800 |
| Some Additional Upgrades | $153 | $98,500 |
| Major Home Updates or Advancements | $183 | $118,200 |
The dwelling coverage is calculated by the average cost per square foot ($122) in Bernie, Missouri 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 $381,250 (Media price to build of $153 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.