Best cheap homeowners insurance in Jersey City

The average cost for homeowners insurance in Jersey City is $824/year for $250K residence coverage. Although it is slightly higher than the $851 annual average for home insurance in New Jersey this is still a very affordable rate. For the same coverage, the average cost of home in the United States is $1,312 annually.

According to the U.S. Census, more than 103,000 households have a 29.1% occupancy rate. These homeowners require home insurance to protect their homes. However, it can be difficult to find the best Jersey City homeowners insurance. These are the top home insurance companies in Jersey City for low-cost home insurance.

Jersey City’s best home insurance company

We consider many factors when determining the best Jersey City home insurance companies, such as pricing, discounts, and policy options. To find the best Jersey City home insurance companies that offer the lowest home insurance prices, we also consider factors such as customer satisfaction and financial stability.


J.D. consistently gives USAA high marks for customer satisfaction. Power. It also offers the lowest premiums in Jersey City. To be eligible for a USAA membership, you must be either an active military member, veteran, or eligible family member of a veteran. There are many other types of homeowners insurance coverage available. These include loss of use, home sharing, personal liability and earthquake coverage. You may be eligible for discounts if you bundle your home insurance and install protective devices inside your home.


J.D. says that Travelers has a lower customer satisfaction score than the average. According to Power’s most recent survey. It has received AM Best’s highest score in financial stability. This means that claims processing is efficient and reliable. You have the option of coverage for loss of use, personal property, contents replacement, and additional replacement cost protection. You can also add a personal article floater, valuable item coverage and green home protection. You may be eligible for a discount if you’re a first-time homebuyer. Additional savings include green home and claims-free discounts.

State Farm

State Farm scores above-average in both J.D. AM Best and Power. You can also use the excellent resources and tools available on your mobile device to help you file a claim. You can get insurance for many properties including manufactured homes, farms, and ranches, as well as optional flood insurance. You can save money each month by taking advantage of additional discounts for multiple policies, home alarm protection, roofing savings, and higher deductibles.

The Hanover

The Hanover is a great choice for specialized coverage. It protects higher-end property that an average insurance company might not cover. There are many types of homeowners insurance available. These include water backup, sewer line protection, guaranteed replacement cost and umbrella insurance. Two exclusive Hanover programs offer extended coverage. The Hanover Platinum bundles your auto and home insurance, and the Hanover Prestige is for high-value homes.


Another provider that offers above-average customer service is Allstate. There are three types of home insurance available: personal umbrella, manufactured/mobile house and flood insurance. Allstate offers HostAdvantage(r), which covers home-sharing. You can also get exclusive savings by signing up for the Easy Pay Plan(r). You can also save on your home insurance by signing up early, loyalty, and senior discounts.

Jersey City insurance options

Jersey City is subject to many weather-related events every year, which can have an impact on your home insurance. Extra coverage is available to cover extreme weather.

  • Extreme winters in Jersey City: These extreme winters can cause flooding and burst pipes. For additional coverage, consider adding sump pumps coverage.
  • Tornadoes. New Jersey was the site of five tornadoes in 2019. Tornado coverage is included in the standard policy, unlike earthquake insurance.
  • Hurricane Sandy caused severe damage on the Jersey Shore. This is why homeowners should be prepared for hurricanes. FEMA’s Flood Map Service Center will help you determine if you are in a flood area and whether flood insurance may be an option.

Jersey City Home Insurance Discounts

Jersey City residents may be eligible for a variety of home insurance discounts. These are some of the most common options:

  • Bundle: If you have more than one policy from the same provider you may be eligible for a multi-policy discount. Bundle your homeowners insurance with another type.
  • Customer: You can also earn individual discounts You can find discounts for seniors, new homebuyers and loyalty discounts.
  • Home: There are many home insurance companies that offer roofing and home improvement discounts. You can also get protection discounts such as security alarms, smoke detectors, and other safety discounts.

These discounts can help you lower your insurance costs, especially if additional coverage is required. It can be difficult to get a claim-free discount in Jersey City due to the number of weather events that occur each year. You can prepare your house for extreme weather to lower your chances of losing your home and reduce your insurance costs.

Questions frequently asked

Which is the best company for home insurance?

Depending on your specific needs, the best home insurance companies may differ. Get multiple quotes to compare the best rates and coverage.

What is the cost of Jersey City home insurance?

For $250K coverage, the average Jersey City home insurance policy costs $824 per annum. Your credit score, claims history, and where you live will all impact your home insurance premiums.

What amount of home insurance do you need in Jersey City

Jersey City homeowners do not need home insurance. However, if you have a loan, your lender may require you to have at least some coverage. It is a good idea to have adequate coverage for your home, and personal belongings in order to minimize any out-of-pocket costs in the event of an emergency.