Popular Questions about New York Home Insurance

The average New York homeowners insurance rate is $1,309 per year, coming in just slightly more expensive than the national number of $1,211 annually. If you're looking for the lowest price on home insurance, consider getting quotes with a trained professional. 

Your New York homeowners policy will come with standard limits to protect against common losses such as fire, theft, vandalism, and natural disasters. Coverages are split into the following categories:

  • Dwelling value
  • Other structures
  • Personal property
  • Personal liability 
  • Medical payments
  • Additional living expenses

Homeowners insurance is regulated in New York by the state insurance department. If you have a mortgage or lender on your home, they will require proof of insurance in order to obtain a loan. Since New York had $2.17 billion in home insurance claims paid in one year, the proper policy could save you from financial ruin.

In New York, carriers look at numerous risk factors when quoting your homeowners coverage. Some common factors that insurance companies use when rating your home policy are:

  • Replacement value of dwelling
  • Past claims reported
  • Natural disasters in the area
  • Local crime rates
  • Flood zoning
  • Coverages selected

Yes, New York currently has 1,287 independent insurance agencies that you can work with to handle your homeowners protection. A trusted adviser will quote coverage through dozens of carriers so that you're presented with the best policy for a fair price.

In New York, you'll have a selection of carrier options when it comes to obtaining homeowners insurance. Some of the most used in New York are Travelers, Progressive, and Foremost insurance companies. These markets are highly rated for excellent customer service and speedy claims handling. To find the best carrier for your situation, consult with a licensed professional.

Do You Know What Your New York Home Insurance Covers?

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
Albany$847$183,2005.04
Astoria$2,358$557,7520.88
Bedford$3,092$865,9241.97
Binghamton$678$94,74610.42
Bronx$1,020$378,0002.28
Brooklyn$1,132$667,0001.34
Buffalo$630$83,50010.41
Cheektowaga$592$106,9003.49
Cortland$597$101,6104.89
Elmira$528$77,0686.65
Freeport$404$71,5491.62
Harrison$3,058$817,7660.56
Hempstead$912$320,6252.36
Hudson Valley$830$193,3972.03
Huntington$2,460$576,8251.89
Ithaca$1,084$241,6584.45
Kingston$754$170,7993.02
Long Island$2,365$559,4000.88
Lynbrook$1,863$442,5430.66
Mount Vernon$1,584$366,2002.93
New Rochelle$2,225$523,3001.55
New York City$1,164$569,7001.66
Oneonta$704$149,0354.66
Oswego$588$88,5687.22
Poughkeepsie$895$196,6204.56
Queens$1,188$508,0000.88
Richmond Hill$2,001$473,8090.88
Rochester$568$84,6007.06
Rockville$2,684$635,8170.57
Rome$581$100,0214.41
Saratoga Springs$1,497$349,2592.20
Schenectady$603$98,6005.85
Staten Island$1,018$477,1001.01
Syracuse$609$92,9007.36
Troy$761$147,0958.41
Tupper Lake$1,322$302,4003.39
Utica$623$94,9197.63
Watertown$774$136,2358.38
Westchester$2,185$516,5000.98
White Plains$2,210$522,6090.96
Yonkers$1,223$402,5002.16
  1. $97
  2. New York, NY Monthly average home insurance cost
  3. Average monthly cost of homeowners insurance in New York City: $97 
  4. Your actual rate for coverage will depend on a number of factors such as the structure and value of your property and your credit and claims history. Because rates can vary significantly from one homeowner to the next, and because there is a wide range of property values in the city, you can expect your costs to be considerably higher or lower than the average rate.
  5. Your New York City homeowners insurance can cover you against a wide variety of risks you may face as a property owner in the Big Apple. These can include weather-related damage, property crimes, and liability lawsuits. An independent agent can help you review the specific hazards you face and can help you be certain that the policy you purchase provides the coverage you need.


  1. $197
  2. Long Island, NY Monthly average home insurance cost
  3. Average monthly cost of homeowners insurance on Long Island: $197 
  4. Your actual home insurance cost could be significantly less or more, depending on various factors like the size and value of your house, your credit score, your house's construction materials, and the crime rate in your ZIP code. Given the wide range of property values on Long Island, the variance in rates can be significant.
  5. Long Island homeowners insurance is designed to protect policyholders from financial risks resulting from the various hazards they face as property owners. Severe storms, property crimes, liability lawsuits, and residential fires are just some of the many risks you can receive coverage against. One problem that is not covered, however, is flood damage. 


  1. $53
  2. Buffalo, NY Monthly average home insurance cost
  3. Average monthly cost of homeowners insurance in Buffalo: $53 
  4. Because home insurance costs are personalized, your actual rate can vary significantly from this amount. Insurance companies determine costs by considering a number of factors such as the age and value of your home, the crime rate in your ZIP code, and your credit and claims history. Because each insurer has a distinct method for calculating rates, it pays to shop around and compare quotes from multiple carriers.
  5. Buffalo homeowners insurance covers against a variety of risks including liability lawsuits, property crimes, and severe weather. Winters in New York can be terrible to deal with. Mother Nature brings not only heavy snowfall that can damage roofs under its weight, but also extremely cold temperatures that can affect your home's plumbing system. Don't let a damaged roof or frozen pipe ruin your year. Get insurance with the proper coverage.


  1. $51
  2. Syracuse, NY Monthly average home insurance cost
  3. Average monthly cost of homeowners insurance in Syracuse: $51 
  4. The size of your house, your credit score, the crime rate in your ZIP code, and your home's building materials are just some of the many factors that play a role in how much you can expect to pay. You should therefore not be surprised if your quoted rate varies significantly from the average for the city.
  5. Your Syracuse homeowners insurance is designed to provide protection from losses related to a number of hazards you face as a property owner in this city. These include property crime, severe weather, liability lawsuits, and accidental fires. Any of these risks can bring about large financial losses. Don't get left footing the bill. Get 360 degrees of protection.


  1. $115
  2. Hempstead, NY Monthly average home insurance cost
  3. Average monthly cost of homeowners insurance in Hempstead: $115 
  4. Take this average with a grain of salt, however. Insurance rates can vary significantly from one homeowner to the next, particularly in a city that includes homes with a wide range of property values. Your actual home insurance rate depends on a number of distinct factors such your home's size, value, and building materials as well as your claims history and credit score.
  5. Hempstead home insurance can cover against a wide variety of hazards. These include liability lawsuits, residential fires, burglaries, and severe weather. Storms that bring high winds are an example of a threat to area homes, since they can sometimes cause trees to fall, roofs to lose shingles, and flying debris to break windows. A home insurance policy can help pay for this damage.


  1. $102
  2. Yonkers, NY Monthly average home insurance cost
  3. Average monthly cost of homeowners insurance in Yonkers: $102 
  4. Given the wide range of property values in this community, it should come as no surprise if your quoted rate is significantly higher or lower than this number. Rates are most influenced by the amount of coverage you are purchasing and the crime rate in your ZIP code. Other factors can include the size and age of your home, your claims history, and your credit score.
  5. Yonkers is a safe community, but homeowners in the area still have a number of risks to protect themselves against. Make sure that your homeowners policy properly covers you against the hazards specific to your family and your home, including severe weather damage, liability lawsuits, burglaries, and residential fires. Whether caused by an accident in your home or outside forces, fires can lead to devastating damage. Though the loss can be stressful, you can rest assured knowing that you are financially protected by a solid Yonkers homeowners policy.


  1. $94
  2. Brooklyn, NY Monthly average home insurance cost
  3. Average monthly cost of homeowners insurance in Brooklyn: $94 
  4. Bear in mind, however, that your actual home insurance rate will depend on a variety of factors like the size of your house, your credit score, and the materials used in the construction of your house. That means your monthly payment can vary greatly from this average, since it's unique to you.
  5. Brooklyn homeowners insurance can offer protection against financial losses related to a variety of covered events. These often include property crimes, liability lawsuits, residential fires, and severe weather events, excluding floods. For coverage against flood damage, you will need to supplement your insurance with a flood policy through the National Flood Insurance Program (NFIP).


  1. $99
  2. Queens, NY Monthly average home insurance cost
  3. Average monthly cost of homeowners insurance in Queens: $99 
  4. Your home insurance could cost quite a bit less or more than this average, but it's a good baseline to follow. When calculating rates to provide you with a quote, insurance companies will take various factors into account. These can include information about the type of home you are insuring, its value and square footage, and the crime rate in the ZIP code in which it is located.
  5. The coverage offered by Queens homeowners insurance encompasses a wide range of damaging events and accidents. If your property is physically damaged by a severe weather event, residential fire, or property crime, you can turn to your home insurance company for assistance with paying for the resultant damage. 


  1. $85
  2. Staten Island, NY Monthly average home insurance cost
  3. Average monthly cost of homeowners insurance on Staten Island: $85 
  4. Of course, property values vary greatly throughout this New York community, and so too do insurance rates. You should therefore not be surprised if your quoted rate is significantly higher or lower than this average. Some factors that insurance companies use when determining rates include the size and value of your home, the number of people who live in it, and even your credit score.
  5. The purpose of Staten Island homeowners insurance is to protect property owners from financial risks associated with a variety of expensive hazards. These include property crimes, severe weather events, and liability lawsuits. If your home sustains significant damage, it doesn’t have to break the bank. You can file a claim with your insurance company for assistance with repairing or replacing that which has been lost or damaged. 


  1. $85
  2. Bronx, NY Monthly average home insurance cost
  3. Average monthly cost of homeowners insurance in the Bronx: $85 
  4. Property values in the Bronx tend to be rather high, and this often means that homeowners are seeking a high amount of coverage. This has a tendency to put rates on the higher end of the spectrum. However, the needs of each homeowner can vary significantly throughout this community. So, depending on your particular case, you can expect your rates to be significantly higher or lower than this average.
  5. You face numerous risks as a Bronx homeowner. Most of them can result in some form of physical property damage. But broken windows, broken doors and damaged roofs are no problem when you have the best home insurance.