🏡 Homeowners Insurance Calculators New York

New York Homeowners Insurance Calculator

Estimate New York homeowners insurance cost. Average: $1,640/year. Calculate based on home value, coverage, and risk factors.

Free — No Sign-up Verified Data Editorially Reviewed Updated
New York Quick Facts
10.9% Income Tax Rate
1.72% Property Tax Rate
$74,314 Median Income
123.8 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

This calculator estimates homeowners insurance premiums in New York based on the statewide average of $1,640/year. Adjustments are made for dwelling coverage amount, deductible level, risk factors (pool, trampoline), credit score, home age, and claims history. New York's rates reflect local weather risks, building costs, and regulatory factors.

Key State Information

New York average homeowners insurance: $1,640/year. New York's rates are below the national average.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice
Data Source
Insurance.com, NAIC
View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much is homeowners insurance in New York?

The average annual homeowners insurance premium in New York is $1,640, or about $137/month. Actual costs depend on home value, location, coverage amount, deductible, and other factors.

What does homeowners insurance cover in New York?

A standard HO-3 policy covers dwelling damage (your home), personal property (belongings), liability (if someone is injured on your property), and additional living expenses (if your home is uninhabitable).

How can I save on homeowners insurance in New York?

Increase your deductible, bundle with auto insurance (saves 10-25%), improve home security (alarm, deadbolts), maintain good credit, avoid filing small claims, update your roof and electrical/plumbing systems, and shop around annually.

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