How much is homeowners insurance in Fernley,NV

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The average cost of homeowners insurance in Fernley is $1,413 per year (for the coverage level of $300,000 for dwelling, $100,000 for liability protection and $1000 deductible), based on Insure.com’s rate data analysis. It’s $1,169 less than the national average of $2,582.

However, homeowners insurance rates can vary drastically from one home to another. Home insurance rates in Fernley depend on a number of factors, including:

Size of your home
Age of your home
Amount of coverage you need
Location
Your credit score

To make sure you are getting the best deal on home insurance, it is important to get quotes from multiple insurers to find the right coverage for your needs. Read this guide to know how much homeowners insurance cost per month in Fernley, home insurance cost for different dwelling coverage, also know which companies offer cheap home insurance in Fernley.

In this guide, we will explain everything from what coverage options are available to which companies have the cheapest rates for homeowners insurance in Fernley.

Key takeaways

The cost of your homeowners insurance policy in Fernley can vary based on factors such as your location, the value of your home, and the coverage options you select.
Nationwide is the cheapest homeowners insurance company in Fernley with an average annual premium of $1,107.
If you increase your dwelling coverage from $200,000 to $300,000, you will pay $366 more, annually for home insurance.

How much is homeowners insurance in Fernley per month

According to Insure.com’s rate analysis, residents of Fernley pay an average of $118 per month for homeowners insurance. This is $2 less than the state average of $120 and $97 less than the national average for home insurance across the United States. The cost of your homeowners insurance policy in Fernley can vary depending on your location, property value, and selected coverage options.

How much is homeowners insurance for a $200,000 house in Fernley

In Fernley, NV, homeowners pay an average of $1,047 annually for a $200,000 home. The annual cost of home insurance is influenced by factors such as the risk of natural disasters in your area.

Regions more susceptible to natural disasters, such as floods, hurricanes, or tornadoes, typically face higher rebuilding costs, leading to increased insurance premiums. It is important to understand that standard insurance policies might not cover damages caused by floods or hurricanes. If you live in a flood-prone area, it is advisable to purchase flood insurance.

How much is homeowners insurance for a $300,000 house in Fernley

Based on a rate analysis conducted by Insure.com, Fernley residents pay an average of $1,413 per year to insure a home for coverage limits of $300,000 dwelling, $100,000 liability with a $1,000 deductible. If you plan to increase your dwelling coverage from $200,000 to $300,000, you must pay an additional $366 per year for home insurance.

Buying adequate insurance to cover the entire expense of rebuilding your home is best advisable. However, the amount of dwelling coverage you need may vary depending on your home’s size, amenities, and the cost of living in your area.

How much is homeowners insurance in Fernley by company

After evaluating several carriers, Nationwide is the least expensive homeowners insurance provider in Fernley. It’s average annual rate for homeowners in Fernley is $1,107.

State Farm holds the second position, while American Family secures the third spot with an average annual home insurance rate of $1,490.

Researching the insurance company is crucial before selecting a homeowners insurance policy. Our experts have analyzed all insurance providers in Fernley and compiled a list of the cheapest home insurance providers. Below, you’ll find the home insurance companies in Fernley and their average annual premiums.

Home insurance company	Annual rate
Nationwide	$1,107
State Farm	$1,164
American Family	$1,490
Farmers	$1,634
CSAA Insurance (AAA)	$1,760
Country Financial	$1,787
USAA*	$1,344

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Fernley for $300,000 dwelling coverage and $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.