Gavop's guide to buying homeowners insurance in Budd Lake, NJ covers how to get the right coverage, optimize deductibles, identify the best agents, understand claim requirements, avail discount options, compare cheap quotes and research reviews.
| Bedrooms | Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage |
|---|---|---|---|
| 1 Bedroom | $97,500 | $80,000 | $100,000-$125,000 |
| 2 Bedroom | $216,500 | $200,000 | $200,000-$250,000 |
| 3 Bedroom | $366,000 | $290,000 | $300,000-$350,000 |
| 4 Bedroom | $304,000 | $260,000 | $300,000-$350,000 |
| 5 Bedroom | $660,000 | $580,000 | $600,000-$700,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$141 | $739 |
| Superior Protection Discount | -$88 | $792 |
| Fire & Security Discount | -$88 | $792 |
| Hail Resistant Roof Discount | -$18 | $863 |
| Newly Constructed Home Discount | -$246 | $634 |
| Low Deductible ($500) | High Deductible ($2500) | |||||
|---|---|---|---|---|---|---|
| Place | Example Claim Amount | Yearly Premium | Total Yearly Cost | Yearly Premium | Total Yearly Cost | Net Savings for High Deductible Plan |
| Morris County | $700 | $1,279 | $1,979 | $929 | $1,629 | $349 |
| Budd Lake, NJ | $1,500 | $870 | $2,370 | $632 | $2,132 | $238 |
| Maplewood, NJ | $300 | $943 | $1,243 | $685 | $985 | $258 |
| Milford, NJ | $700 | $925 | $1,625 | $672 | $1,372 | $253 |
| Passaic, NJ | $500 | $971 | $1,471 | $706 | $1,206 | $265 |
| Princeton Meadows, NJ | $700 | $838 | $1,538 | $609 | $1,309 | $229 |
| Clearbrook Park, NJ | $100 | $756 | $856 | $549 | $649 | $207 |
| Coopersburg, PA | $2,000 | $804 | $2,804 | $584 | $2,584 | $220 |
| Cementon, PA | $200 | $753 | $953 | $547 | $747 | $206 |
| Nyack, NY | $2,500 | $1,150 | $3,650 | $836 | $3,336 | $314 |
| Walnutport, PA | $400 | $700 | $1,100 | $509 | $909 | $191 |
| Atlantic Highlands, NJ | $700 | $1,203 | $1,903 | $875 | $1,575 | $329 |
| Home Insurance Company Budd Lake, NJ | Homeowners Insurance Agency Budd Lake, NJ | Address | Popularity Score | Distance from Budd Lake (miles) |
|---|---|---|---|---|
| State Farm | Debbie Weiss | 900 Coventry Dr, Phillipsburg, NJ, 08865-1974 | 25.5 | |
| Farmers | David Zimm | 12 N Washington Ave, Bergenfield, NJ, 7621 | 39.0 | |
| Allstate | Berk Demirbulakli | 706 Rt 15 South St 109, Lake Hopatcong, NJ, 7849 | 9.3 | |
| Travelers | True & Associates | 325 N Ave E, Westfield, NJ, 7090 | 25.8 | |
| Farmers | Claudio Sarrido | 300 Interpace Pkwy Ste 400b, Parsippany, NJ, 7054 | 15.1 | |
| Travelers | Benson Thomson Agency Inc | 15 North Morris Street, Dover, NJ, 7801 | 9.4 | |
| State Farm | Jim Malay | 915 County Road 517, Hackettstown, NJ, 07840-4683 | 4.6 | |
| State Farm | Erin Misurelli | 296 Route 10, Randolph, NJ, 07869-2206 | 9.8 | |
| Farmers | Anthony Barreiro | 163 Us Highway 206 S, Chester, NJ, 7930 | 6.7 | |
| Travelers | Coastal Financial Group Inc | 150 River Rd Ste E-3, Montville, NJ, 7045 | 19.2 |
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| New Jersey | $321,100 | $1,081 | $740 | $1,500 | $760 |
| Morris County, NJ | $438,100 | $1,294 | $930 | $1,800 | $870 |
| Budd Lake, NJ | $305,100 | $880 | $600 | $1,250 | $650 |
| Maplewood, NJ | $484,800 | $955 | $680 | $1,370 | $690 |
| Milford, NJ | $243,500 | $936 | $640 | $1,280 | $640 |
| Passaic, NJ | $309,700 | $983 | $710 | $1,410 | $700 |
| Princeton Meadows, NJ | $367,600 | $848 | $620 | $1,200 | $580 |
| Clearbrook Park, NJ | $158,300 | $765 | $560 | $1,090 | $530 |
| Coopersburg, PA | $208,300 | $814 | $550 | $1,150 | $600 |
| Cementon, PA | $179,600 | $762 | $560 | $1,040 | $480 |
| Nyack, NY | $463,600 | $1,164 | $830 | $1,590 | $760 |
| Walnutport, PA | $151,700 | $709 | $490 | $970 | $480 |
| Atlantic Highlands, NJ | $376,500 | $1,218 | $860 | $1,680 | $820 |