New Jersey homeowners insurance calculator

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Homeowners in New Jersey pay an average of $1,421 annually for home insurance. However, your actual premium will be determined by where you live, what it would cost to rebuild, the coverage limits you choose, and your deductible.

If you’re looking for a quick estimate, our New Jersey homeowners insurance calculator shows how your dwelling coverage, liability limits, and deductible levels each affect your premium. You can also see how different insurers compare against each other and against the state average.

Whether you’re in the process of buying a home, taking a fresh look at your existing policy, or simply trying to find a better rate, the calculator gives you a useful reference point before you start reaching out for quotes.

How can I lower my homeowners insurance premium in New Jersey?

Get quotes from more than one insurer – pricing for the same level of coverage can vary considerably from provider to provider.
Look at raising your deductible – a higher amount out of pocket in a claim generally results in a lower annual premium.
Combine your home and auto insurance with one provider to qualify for a multi-policy discount.
Consider installing safety features such as smoke alarms, deadbolt locks, or a monitored security system, which many insurers recognize with a discount.

How to use the New Jersey home insurance calculator

Our home insurance calculator is designed to produce a quick cost estimate for homeowners in New Jersey. Just enter a handful of details, and you’ll have a working figure to reference. Here’s what to input:

Select your state. Pick New Jersey to surface rates relevant to your location.
Enter your dwelling coverage amount. Base this on what it would realistically cost to rebuild your home from the ground up.
Choose your liability limit. This is the protection that covers you if a visitor is injured on your property or you cause damage to someone else’s belongings.
Set your deductible. This is the portion of any claim you’d cover yourself before your policy takes over.

After entering your information, the calculator will show you:

The average annual homeowners insurance rate in New Jersey
The highest and lowest rates in our dataset
A breakdown of insurers in New Jersey and their typical annual premiums

It’s a straightforward way to get a sense of your likely costs and identify which insurers are worth pursuing for a formal quote.

New-Jersey home insurance calculator

See how the average annual home insurance rates vary with the options chosen.

State

New Jersey

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Dwelling coverage

Liability coverage

Deductible

Standard ($2500)

Standard ($2500)Standard ($1000)$2,500 with 2% Hurricane deductible$1,000 with 2% Hurricane deductible

Average annual home insurance rates in
New Jersey

$1,175 Average rate

Average rate

$1,175/Yr

Lowest rate

$885/Yr

Highest rate

$1,427/Yr

Rates by carriers in New Jersey

Company	Average annual rate
National General	$885
Chubb	$947
NJM	$1,032
Franklin Mutual	$1,034
Heritage Insurance Holdings	$1,263
Plymouth Rock Assurance	$1,276
Farmers	$1,302
USAA	$1,407
State Farm	$1,427

Methodology

Insure.com commissioned Quadrant Information Systems to analyse home insurance rates from major insurers in the U.S. The analysis includes over 37 million quotes from 134 companies across more than 34,000 ZIP codes, using standardized coverage levels to calculate national averages. The homeowner profile is a 35-year-old married applicant with excellent insurance score; new business HO3 policy for house built in 2000 with frame construction and composition roof. Other Structures: 10%. Loss of Use defaulted: 10%. Guest Medical limit: $5,000. Deductible limit: $1,000. Personal property: 50% of dwelling coverage for replacement value

Key Takeaways

The average homeowners insurance premium in New Jersey is $1,421 per year, which is cheaper than the national average of $2,612.
Premiums vary depending on your home’s location, age, size, estimated rebuild cost, and the coverage limits you choose.
Floods, earthquakes, and similar climate-related events are not covered under a standard homeowners policy – residents in high-risk areas should look into separate coverage.
Because rates differ meaningfully between insurers, shopping around and comparing quotes is one of the most effective ways to reduce costs.

What affects your homeowners insurance premium?

Several factors determine what you’ll pay, including where your home is located, its age and construction, your claims history and the coverage options you select.

Dwelling coverage. The estimated cost to rebuild your home, based on its size, materials, and local construction prices.
Liability coverage. Helps cover costs if someone is injured on your property or if you accidentally damage someone else’s property.
Deductible. The amount you pay out of pocket before insurance kicks in. Choosing a higher deductible can lower your premium, but it also means more costs upfront if you file a claim.

Check your credit score

Depending on your state and whether they allow credit score to be taken into account in determining your premium, a credit score can dramatically impact your premium.

While not permitted in all states, insurers in many states use credit-based insurance scores as a rating factor, so paying bills on time and keeping debt low can work in your favor.

How does dwelling coverage affect homeowners insurance in New Jersey?

Dwelling coverage determines how much your insurer will pay toward repairing or rebuilding your home after a covered event. The coverage level you choose has a direct effect on your premium – more coverage means higher costs. Even so, selecting an amount that genuinely reflects your home’s full rebuild value is important, since being uninsured can leave you with substantial out-of-pocket expenses after a major loss.

Average annual and monthly premiums by dwelling coverage amount are shown in the table below.

Dwelling coverage	Average annual rate	Average monthly rate
$200,000	$1,047	$87
$300,000	$1,421	$118
$400,000	$1,799	$150
$600,000	$2,481	$207
$1,000,000	$3,405	$284

Average cost of homeowners insurance in New Jersey

The average cost of homeowners insurance in New Jersey is $1,421 per year – cheaper than the national average of $2,612.

That estimate is based on a standard policy with:

$300,000 in dwelling coverage
$300,000 in liability protection
$1,000 deductible

But remember – how much you actually pay could be higher or lower. Things like where your home is located, its age and size, and how much it would cost to rebuild all play a big role in what you’ll actually pay.

Average cost of home insurance in major New Jersey cities

Home insurance rates in New Jersey can differ quite a bit from one city to the next. Homeowners in Clifton tend to pay among the lowest rates in the state, while those in Newark face some of the highest.

The table below shows average annual premiums across major cities in New Jersey.

City	Average annual rate	Average monthly rate
Bayonne	$1,424	$119
Camden	$1,450	$121
Clifton	$1,239	$103
East Orange	$1,460	$122
Elizabeth	$1,448	$121
Jersey City	$1,550	$129
Newark	$1,655	$138
Passaic	$1,353	$113
Paterson	$1,379	$115
Trenton	$1,406	$117

Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.

Home insurance rates in New Jersey by city

See rates in your city

Jersey City

Lakewood

How do natural disasters affect homeowners insurance rates in New Jersey?

The natural hazard risk associated with your home’s location is a key factor in how insurers price your policy. Homes in areas with frequent flooding, wildfire activity, hurricanes, or tornadoes are considered higher risk and typically come with higher premiums as a result.

What’s equally important to understand is that standard home insurance policies don’t cover these events. Depending on where you live in New Jersey, you may need to purchase separate policies or endorsements for:

Flooding
Wildfires
Hurricanes
Tornadoes

The added cost of this coverage is real, but so is the financial exposure of going without it after a serious disaster.

What is a hurricane deductible, and how does it impact home insurance rates in New Jersey?

A hurricane deductible is a separate deductible on your homeowners insurance policy that only applies to hurricane damage. While the standard policy deductible is a fixed amount, the hurricane insurance deductible is usually a percentage of the dwelling coverage, often up to 10%.

Compare the rates below with and without a 2% hurricane deductible. If your policy excludes a hurricane deductible and you live in a hurricane-prone area, hurricane damage won’t be covered at all. Always review your policy details carefully to ensure you have the protection you need.

Average rates with hurricane deductible	Average rates w/o hurricane deductible
$1,421	$1,392

What our expert says

Q: What additional coverage should homeowners buy?

Amy BachExecutive Director of United Policyholders

“For those who live near any body of water or at the base of a hill, get a quote for flood insurance.”

Frequently asked questions

What is the average cost of homeowners insurance in New Jersey?

Homeowners in New Jersey pay an average of $1,421 per year. Your individual premium will depend on your home’s location, construction type, age, replacement cost, and the coverage limits and deductible you choose.

How much homeowners insurance coverage do I need in New Jersey?

Dwelling coverage should be set at a level that would cover a complete rebuild of your home. For liability, choose a limit that adequately protects your financial assets if you’re held responsible for injury or property damage. Homeowners with considerable savings or valuable assets may want to consider higher limits or additional endorsements.

Does increasing my deductible lower homeowners insurance costs?

It does. A higher deductible shifts more of the initial claim cost to you, which allows insurers to offer a lower premium in return. Before raising your deductible, make sure the amount you’d owe in a claim is something you could realistically manage out of pocket.

Methodology

Insure.com commissioned homeowners insurance rates from Quadrant Data Services in late 2025, covering policies with dwelling coverage ranging from $200,000 to $1 million and liability coverage of $100,000 and $300,000. Sample rates were based on a $1,000 deductible and a 2% hurricane deductible where applicable.

Calculate home insurance premium in other states

$1,397/Year

$3,633/Year

$3,733/Year

$2,344/Year

$1,616/Year

$4,963/Year

$1,905/Year

$1,656/Year

$1,374/Year

$7,136/Year

$2,323/Year

$659/Year

Show more states

Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.