Popular Questions about New Jersey Home Insurance

The average homeowners insurance premium in New Jersey is $1,192 per year. That's slightly less than the national at $1,211. New Jersey home insurance rates will vary depending on your level of risk and other factors.   

In New Jersey, your home policy will cover the dwelling itself, other structures, personal property, medical payments to others, liability, and additional living expenses. Each limit is tailored to your needs and location. Your policy will come standard with coverage for fire, theft, vandalism, natural disasters, water damage, and other severe weather losses. 

Homeowners insurance in New Jersey is a necessity if you want to avoid major financial loss. While it's not required by law, it is needed when you have a mortgage, loan, or another party with financial interest in your property. 

Your New Jersey homeowners insurance is rated using a series of risk factors. Carriers take personal data and outside exposures to calculate home policy premiums. Things like past losses, property values, crime rates, natural disasters, and coverage selected will play a role in your costs. 

Yes, New Jersey has many independent insurance agencies that are willing to help. Check out the most recent data below for New Jersey:

  • Independent agents in New Jersey: 485 
  • New Jersey residents helped last year: 5,790

The best New Jersey homeowners insurance company is relative to your individual risks. Some of the most used in New Jersey are Progressive, Travelers, Selective, and Foremost insurance companies. What makes these carriers shine is highly rated comprehensive coverage at affordable pricing. 

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Find the Best Homeowners Insurance in Your City

How does your city measure up to the national average?

National average burglary rate 3.76 per 1,000 people

National average home value $269,000

National average home insurance cost $1,211 year

CityAnnual insurance costAvg. home valueBurglaries / 1,000 homes
Basking Ridge$2,510$730,4300.93
Bloomfield$1,181$328,8504.03
Brick$944$264,9003.49
Cherry Hill$957$236,4727.98
Egg Harbor$693$148,9829.67
Elizabeth$994$263,8005.66
Englewood$2,110$600,6453.1
Evesham$1,055$291,2004.26
Ewing$930$262,0063.32
Fair Lawn$1,535$445,2501.87
Franklin$636$197,3260.62
Hackensack$1,116$330,9371.12
Hamilton Square$996$284,6002.82
Hoboken$2,526$813,6271.92
Hopatcong$807$238,2101.74
Howell$1,211$355,9001.43
Jackson Towship$1,197$353,0001.28
Jersey City$1,336$376,3003.58
Lower Township$723$189,0005.29
Maplewood$1,517$431,8013.04
Middletown$1,352$398,7001.09
Mount Laurel$847$244,5002.46
Newark$854$235,2004.04
New Brunswick$1,140$305,8495.58
Parsippany/TroyHills$1,411$414,0001.28
Passaic$1,180$337,3322.79
Paterson$769$223,6006.5
Pennsauken$769$170,5319.72
Pennsville$603$152,8662.36
Phillipsburg$613$138,8884.71
Raritan Township$1,441$427,9630.52
Summit$2,913$846,3640.82
Toms River$1,003$286,6002.81
Union City$1,011$297,0001.67
Vernon$656$188,3002.71
Vineland$750$168,7599.19
Washington Township$1,872$553,8990.15
West Milford$1,097$314,2192.69
Woodbridge$943$276,9311.75