Gavop shows you how to buy homeowners insurance in Socorro, NM by estimating coverage, choosing the right deductible, contacting the best agents, understanding claim requirements, comparing cheap rates, using discount options and reading reviews.
| Socorro, NM - Neighbourhoods, Census Blocks & Streets | 3 Bedroom | 2 Bedroom | ||||
|---|---|---|---|---|---|---|
| Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage | Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage | |
| N California St, Granillo Rd, Allen Ct, Annette Ave, Central Ave, Liles St, Ave de Pajarito, Faulkner Rd, Canyon Dr, State Hwy 408 | $140,000 | $130,000 | $125,000-$150,000 | $123,500 | $110,000 | $125,000-$150,000 |
| NE Frontage Rd, Gianera St, Val Verde, Ignacia Dr, Correo St, Main St, S Miera Rd, Ortega Pl, Santa Fe Ln, Hidden Ln | $104,000 | $100,000 | $100,000-$125,000 | $79,500 | $70,000 | $75,000-$100,000 |
| Lawndale, Cll de Lemitar, State Hwy 60, Oregano Rd, Zanja Rd, Melody Ln S, B Ave, Blue Cayon Rd, McCutcheon Ave W, el Camino Real St | $106,000 | $80,000 | $75,000-$100,000 | $80,500 | $70,000 | $75,000-$100,000 |
| Spring St, Cassady Ln, Ave de Chamiso, Roman Lopez Rd, State Hwy 1, Evergreen Dr, Jim St, Eastwood Loop, Grover Ave, A Ave | $169,000 | $150,000 | $175,000-$200,000 | $155,000 | $140,000 | $150,000-$175,000 |
| Mitchell Ave, Pena Pl, Brown Ct, Baca Ave, Alice Rd, Albany St, Alta Vista St, Tafoya Rd, Franklin St, Severo Vigil | $103,000 | $100,000 | $100,000-$125,000 | $140,000 | $120,000 | $125,000-$150,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$90 | $550 |
| Superior Protection Discount | -$58 | $582 |
| Fire & Security Discount | -$70 | $570 |
| Hail Resistant Roof Discount | -$19 | $621 |
| Newly Constructed Home Discount | -$179 | $461 |
| Claim Type | Average Claim Cost |
|---|---|
| General Claims | |
| Water Damage | $6,095 |
| Physical Damage | $2,440 |
| Hail Damage | $4,665 |
| Wind Damage | $6,305 |
| Expensive Claims | |
| Fire | $42,442 |
| Smoke | $15,884 |
| Home Insurance Company Socorro, NM | Homeowners Insurance Agency Socorro, NM | Address | Popularity Score | Distance from Socorro (miles) |
|---|---|---|---|---|
| Travelers | Blue Star Insurance | 424 Becker Ave, Belen, NM, 87002 | 46.2 | |
| Travelers | Blue Star Insurance | 424 Becker Ave, Belen, NM, 87002 | 46.2 | |
| State Farm | Luccas Greene | 614 Becker Ave, Belen, NM, 87002-3634 | 46.2 | |
| Travelers | Michael Olguin Insurance Associates Llc | 315 N California St, Socorro, NM, 87801 | 6.5 | |
| Travelers | Michael Olguin Insurance Associates Llc | 315 N. California Street, Socorro, NM, 87801 | 6.5 | |
| Allstate | Charles Van Gombos | 329 E Reinken Ave, Belen, NM, 87002 | 46.2 | |
| State Farm | Damien Ocampo | 1004 N California St Ste B, Socorro, NM, 87801-4273 | 7.0 | |
| Farmers | La Shanna Reese | 415 W Reinken Ave, Belen, NM, 87002 | 46.4 | |
| Travelers | The Insurance Store | 703 S Main, Belen, NM, 87002 | 45.8 | |
| Farmers | Wesley Wells | 102 West Broadway, Mountainair, NM, 87036 | 49.1 |
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| New Mexico | $163,900 | $870 | $600 | $1,240 | $640 |
| Socorro County, NM | $103,000 | $691 | $460 | $950 | $490 |
| Socorro, NM | $111,100 | $640 | $450 | $890 | $440 |
| Luis Lopez, NM | $263,000 | $1,051 | $750 | $1,460 | $710 |
| Las Nutrias, NM | $87,200 | $704 | $480 | $1,010 | $530 |
| Madrone, NM | $101,900 | $740 | $530 | $1,030 | $500 |
| Pueblitos, NM | $123,300 | $789 | $530 | $1,130 | $600 |
| Sausal, NM | $141,000 | $825 | $600 | $1,130 | $530 |
| Mountainair, NM | $71,500 | $663 | $480 | $930 | $450 |
| Belen, NM | $119,300 | $655 | $440 | $940 | $500 |
| Adelino, NM | $113,200 | $766 | $560 | $1,050 | $490 |