Updated: November 27, 2024
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In Jersey City, NJ Chubb is both the overall best and cheapest choice for home insurance. If customer service is your priority, Chubb is your best option.
Choosing the best inexpensive home insurance depends on what you value, such as costs or how a company helps when you have questions or problems.
Best HomeInsuranceJersey City, NJTable of Contents
Why Trust MoneyGeek? We used data from New Jersey's Department of Insurance and Quadrant Information Services to pick the top homeowners insurance in Jersey City, ensuring our picks are data-driven.
Home insurance premiums in Jersey City represent the latest available quotes as of September 2024.
MoneyGeek found that Chubb is the best option for home insurance in Jersey City, NJ, with a MoneyGeek score of 98 out of 100 for 100K dwelling coverage.
The scores for home insurance companies in Jersey City range from 42 to 98. These figures are based on MoneyGeek's scoring system, and insurers may have different scores depending on your credit history and the age of your home.
| Chubb | 98 | $396 |
| Narragansett Bay Insurance Company | 85 | $582 |
| State Farm | 83 | $856 |
| Farmers | 80 | $691 |
| ASI | 68 | $883 |
| New Jersey Skylands | 66 | $596 |
| The Hanover | 52 | $2,080 |
MoneyGeek found that Chubb is the best option for $100K dwelling coverage in Jersey City, NJ. When it comes to protecting your home in Jersey City, the two best overall home insurance providers for $100K dwelling coverage are:
Chubb stands out as the best home insurance provider due to its affordability and high customer satisfaction score.
Jersey City, NJ, homeowners have a choice among various companies, each offering different costs and service experiences. While affordability is key, other factors — such as customer support and coverage options — are important, especially when filing a claim.
Chubb is the best home insurance company, with high scores in affordability and customer satisfaction. It offers comprehensive home insurance coverage with guaranteed replacement cost and building ordinance or law. You can save with discounts like new home and home renovation. For example, you get a discount if your home was renovated within the last six years.
Chubb provides useful coverages like cash settlement, which gives you money if you decide not to rebuild after a loss. Personal property replacement cost covers your belongings without depreciation. Risk consulting offers services to help protect your home.
MoneyGeek found that Chubb is the best option in Jersey City, NJ, for home insurance customers seeking $100K dwelling coverage. Here are the top providers for this coverage level:
Chubb takes the top spot due to its high customer satisfaction and coverage scores. Excellent home insurance service offers quick claim processing and responsive customer support.
Chubb is the best for service quality, thanks to its high customer satisfaction and coverage scores. It offers savings through new home and home renovation discounts. A new home discount applies if your home is 10 years old or less.
Chubb offers comprehensive home insurance with guaranteed replacement cost, which helps rebuild your home even if costs exceed limits, and building ordinance or law coverages, which pays to update damaged areas to current codes. Cash settlement lets you choose a payout if you decide not to rebuild.
MoneyGeek found that Chubb is the best cheap option in Jersey City, NJ, for $100K dwelling coverage. The top two best cheap insurance providers for $100K dwelling coverage are:
Chubb stands out due to its high affordability and customer satisfaction scores. However, choosing cheap home insurance often means lower coverage. This can help save money but might not cover everything if something bad happens. In cases where affordable premiums are the main goal, considering the most affordable homeowner insurance companies could be helpful.
What sets the best cheap home insurance apart from the cheapest is its value for money, balancing cost with the coverage that meets a homeowner's needs without being expensive.
Chubb is the best cheap company with high scores in affordability and satisfaction. It offers comprehensive home insurance with Guaranteed Replacement Cost and Building Ordinance or Law coverages. You can save with discounts like New Home and Home Renovation. For example, you get a discount if your home is 10 years old or less.
Chubb provides useful coverages like Cash Settlement, which helps if you choose not to rebuild after a loss. Personal Property Replacement Cost covers your belongings without depreciation. Risk Consulting offers helpful services to keep your home safe. These coverages make Chubb a great choice for homeowners.
MoneyGeek’s home insurance calculator will give you a ballpark estimate of your cost — it’s free, no personal information required, no spam.
Rates updated:
Dec 02, 2024
In Jersey City, location is one of many factors that affect homeowners insurance. Comparing rates is key to saving money, but it can take over an hour since each company may require up to 15 minutes. MoneyGeek's home insurance calculator simplifies the process. Enter your age, dwelling coverage, credit score, deductible, liability coverage and a few other details to get a quick rate estimate.
Chubb stands out in Jersey City, NJ, as the most cost-effective option for homeowners insurance. The following companies offer the lowest annual premiums in their respective dwelling coverage categories:
Chubb is recognized not only for its affordability but also for its high overall rating. In the 250K and 500K categories, New Jersey Skylands offers lower premiums, though it may not score as well as Chubb. Choosing the right amount of dwelling coverage is essential as it significantly affects the insurance premium.
Securing the cheapest homeowners insurance in New Jersey can be a smart strategy to handle personal finances better.
| Chubb | $396 |
| Narragansett Bay Insurance Company | $582 |
| New Jersey Skylands | $596 |
| Farmers | $691 |
| State Farm | $856 |
| ASI | $883 |
| The Hanover | $2,080 |
For high-value homes in Jersey City, NJ, New Jersey Skylands offers the lowest yearly cost for a $750K dwelling coverage policy. Higher home values require more insurance because it costs more to fix or rebuild them, which is why home insurance costs can be higher.
New Jersey Skylands stands out in Jersey City, offering the lowest cost for protecting expensive homes. While cost is essential, the insurer also receives a high rating from MoneyGeek, suggesting that being the least expensive doesn't mean compromising quality.
| New Jersey Skylands | $2,004 |
| Chubb | $2,579 |
| Narragansett Bay Insurance Company | $2,999 |
| State Farm | $3,607 |
| Farmers | $3,775 |
| ASI | $3,917 |
| The Hanover | $3,953 |
Chubb is the most affordable option for new homes in Jersey City, NJ, offering home insurance at the lowest annual premium.
Chubb stands out in Jersey City for its competitive pricing, making it the least expensive choice for homeowners looking for $100K dwelling coverage on new homes. This affordability, however, may not always coincide with the highest service quality. It’s critical to balance cost with your coverage needs and overall satisfaction.
Remember, getting low rates is important, but you also need to be adequately covered.
| Chubb | $299 |
| Farmers | $365 |
| ASI | $378 |
| New Jersey Skylands | $426 |
| State Farm | $506 |
| Narragansett Bay Insurance Company | $514 |
| The Hanover | $1,392 |
Best cheap homeowners insurance providers balance quality and cost by offering great customer service and coverage at affordable premiums. Finding the best cheap homeowners insurance in Jersey City depends on your needs. Consider factors beyond premiums, like coverage options and customer reviews.
To guide you through the process, we outlined key factors to consider when seeking the best and most affordable homeowners insurance for your home.
Determine how much home insurance coverage you need by considering the specifics of your home in Jersey City, NJ, such as rebuilding costs and the value of your belongings.
Investigate insurance companies in Jersey City, NJ. Look for those with a solid financial standing, positive reviews and a history of reliable service.
Once you know your coverage needs, compare home insurance quotes. For $100K dwelling coverage in Jersey City, NJ, premiums range from $396 to $883 annually.
Inquire with each provider about potential discounts, such as bundling policies, installing safety features or maintaining a claims-free record.
Opting for a higher home insurance deductible can reduce your premium, but ensure it's an amount you can handle in the event of a claim.
Enhancing home security with systems and sturdy locks can lower your home's risk profile and potentially reduce insurance costs.
A good credit score can impact your rates in Jersey City, NJ. Pay bills on time and keep debt low to maintain a favorable score.
Consider bundling homeowners insurance with other policies like auto insurance to obtain discounts and save money.
The best cheap home insurance provider for you in Jersey City depends on how much coverage you need and how much you can spend. Get answers to some of the most commonly asked questions about best cheap insurance rates in Jersey City, New Jersey.
The average annual premium for home insurance in Jersey City, New Jersey, is $651.
The cheapest home insurance company in Jersey City, New Jersey, is Chubb with an annual premium of $396.
The best home insurance in New Jersey for Jersey City residents is provided by Chubb, with a MoneyGeek score of 98 out of 100.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
