How Can I Make My Potomac, MD Home Insurance Cheaper
Gavop shows you how to buy homeowners insurance in Potomac, MD by estimating coverage, choosing the right deductible, contacting the best agents, understanding claim requirements, comparing cheap rates, using discount options and reading reviews.
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Select the Suitable Coverage Value for your Potomac, MD Home | Back to Top
| Bedrooms | Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage |
|---|---|---|---|
| 1 Bedroom | $262,500 | $230,000 | $250,000-$300,000 |
| 2 Bedroom | $656,000 | $600,000 | $600,000-$700,000 |
| 3 Bedroom | $787,500 | $690,000 | $600,000-$700,000 |
| 4 Bedroom | $1,135,000 | $1,040,000 | More than 10,000,000 |
| 5 Bedroom | $1,609,500 | $1,320,000 | More than 10,000,000 |
Estimate your Savings with Home Insurance Discounts in Potomac, MD | Back to Top
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$170 | $831 |
| Superior Protection Discount | -$90 | $911 |
| Fire & Security Discount | -$90 | $911 |
| Hail Resistant Roof Discount | -$30 | $972 |
| Newly Constructed Home Discount | -$240 | $761 |
Choose the Right Deductible for your Potomac, MD Home | Back to Top
| 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 |
| Montgomery County | $1,000 | $1,457 | $2,457 | $1,059 | $2,059 | $398 |
| Potomac, MD | $700 | $990 | $1,690 | $719 | $1,419 | $270 |
| Lake Barcroft, VA | $500 | $1,047 | $1,547 | $761 | $1,261 | $286 |
| Barnesville, MD | $2,000 | $1,701 | $3,701 | $1,236 | $3,236 | $465 |
| Clifton, VA | $200 | $2,309 | $2,509 | $1,678 | $1,878 | $631 |
| Nokesville, VA | $700 | $1,285 | $1,985 | $934 | $1,634 | $351 |
| Glen Burnie, MD | $200 | $859 | $1,059 | $624 | $824 | $235 |
| Burkittsville, MD | $1,000 | $1,118 | $2,118 | $813 | $1,813 | $306 |
| Riviera Beach, MD | $500 | $762 | $1,262 | $554 | $1,054 | $208 |
| Mays Chapel, MD | $2,000 | $861 | $2,861 | $626 | $2,626 | $235 |
| Marshall, VA | $500 | $962 | $1,462 | $699 | $1,199 | $263 |
| Russell, VA | $2,500 | $1,130 | $3,630 | $821 | $3,321 | $309 |
Identify Top Home Insurance Agents near Potomac, MD | Back to Top
| Home Insurance Company Potomac, MD | Homeowners Insurance Agency Potomac, MD | Address | Popularity Score | Distance from Potomac (miles) |
|---|---|---|---|---|
| Allstate | Thomas Northern | 7218 Muncaster Mill Rd, Derwood, MD, 20855 | 9.5 | |
| Liberty Mutual Independent | Ironrisk Strategies Llc | 1122 Kenilworth Dr Ste 316, Baltimore, MD, 21204 | 41.0 | |
| Travelers | Health Insurance Specialists Inc | 17620-B Redland Rd, Rockville, MD, 20855 | 9.4 | |
| State Farm | Ryan Moorhart | 15805 Crabbs Branch Way, Rockville, MD, 20855-2635 | 7.1 | |
| State Farm | Jessica Cortes | 966 Hungerford Dr Ste 10b, Rockville, MD, 20850-1743 | 6.3 | |
| Travelers | De Lauder Insurance Agency | 5300 Westview Drive Suite 304, Frederick, MD, 21703 | 27.9 | |
| State Farm | Ana Rivas | 6495 New Hampshire Ave Ste 330, Hyattsville, MD, 20783-6206 | 11.2 | |
| Travelers | Mason & Carter Inc | 23 South St, Baltimore, MD, 21202 | 36.6 | |
| Erie | William M Sparks Insurance Agency Inc. | 22 W Padonia Road Suite B329, Timonium, MD, 21093 | 42.8 | |
| Allstate | Kwame Mukong | 12810 Wisteria Dr Ste 203, Germantown, MD, 20874 | 11.9 |
Compare Rates for Potomac, MD Home Insurance Providers | Back to Top
| Place | Typical Home Value | Typical Home Insurance Costs | 25th Percentile | 75th Percentile | Potential Savings & Difference between 25th & 75th Percentile |
|---|---|---|---|---|---|
| Maryland | $296,500 | $1,008 | $800 | $1,270 | $470 |
| Montgomery County, MD | $467,500 | $1,475 | $1,170 | $1,860 | $690 |
| Potomac, MD | $893,600 | $1,002 | $790 | $1,260 | $470 |
| Lake Barcroft, VA | $639,800 | $1,059 | $750 | $1,500 | $750 |
| Barnesville, MD | $500,000 | $1,722 | $1,360 | $2,170 | $810 |
| Clifton, VA | $842,900 | $2,337 | $1,710 | $3,300 | $1,590 |
| Nokesville, VA | $430,700 | $1,301 | $880 | $1,800 | $920 |
| Glen Burnie, MD | $245,400 | $869 | $690 | $1,100 | $410 |
| Burkittsville, MD | $342,300 | $1,132 | $890 | $1,430 | $540 |
| Riviera Beach, MD | $256,400 | $771 | $610 | $970 | $360 |
| Mays Chapel, MD | $371,900 | $872 | $690 | $1,100 | $410 |
| Marshall, VA | $446,400 | $974 | $670 | $1,380 | $710 |
| Russell, VA | $381,700 | $1,144 | $820 | $1,610 | $790 |
Research Home Insurance Companies Reviews in Potomac, MD Before Buying | Back to Top
Share a review on your home insurance company
USAA Home Insurance Reviews
Date: July 28, 2019 Age: 20 to 29 Gender: Female Marital Status: Unmarried
Premium
I am grateful that USAA covered my home due to its age (Antebellum). The premiums and deductible are somewhat high, but I can not show disdain because many other insurance companies.
Date: June 18, 2019 Age: 20 to 29 Gender: Married Marital Status: Female
Customer Service
USAA is a top-notch insurance company, the customer service is amazing and I never mind calling them; I always leave a conversation feeling cared for and satisfied.
Date: April 13, 2019 Age: 40 to 49 Gender: Male Marital Status: Married
Policy Offerings
The offerings compared to other insurance providers were about the same. My home insurance company gave the same coverage as all the others.
Date: March 07, 2019 Age: 20 to 29 Gender: Male Marital Status: Married
Premium
I think that this insurance company offers me a great deductible compared to other companies but I don't have a lot of experience with other companies so I don't really know.
Date: January 30, 2019 Age: 50 to 59 Gender: Male Marital Status: Unmarried
Customer Service
I have insurance because it is required by my mortgage company. I hate the idea of insurance since it is a bet against myself. The only time I used my homeowners insurance was to help pay for some repairs to piping and the associated floor space that had to be demo'ed and replaced as part of the repair. My contractor handled all interactions with the insurance company once I filed the initial claim.
State Farm Home Insurance Reviews
Date: October 27, 2019 Age: 40 to 49 Gender: Female Marital Status: Unmarried
Premium
I completely do not understand my deductible, its based on a percentage of what the claim would be. I choose that option to keep my rates lower.
Date: September 16, 2019 Age: 50 to 59 Gender: Female Marital Status: Married
Premium
The premiums I pay are just right for whats covered on my home. Its all I need without any extra expenses.
Date: September 07, 2019 Age: 30 to 39 Gender: Male Marital Status: Married
Customer Service
State farm has been super helpful. Got our roof completely replaced after a hail storm. Even some of the bedroom wall since the roof leaked and it had water damage. Rep was very polite and helpful
Date: January 09, 2019 Age: 30 to 39 Gender: Female Marital Status: Married
Policy Offerings
The offering is a standard message. It covers lightning, fire, snow, ice and other natural mishaps and sources of damage.
GEICO Home Insurance Reviews
Date: September 10, 2019 Age: 40 to 49 Gender: Female Marital Status: Married
Policy Offerings
I havent compared to any others since weve been with Geico for so long plus we get savings with our car insurance
Date: November 22, 2018 Age: 30 to 39 Gender: Female Marital Status: Unmarried
Policy Offerings
I do not know what a lot of other companies have to offer. I chose Geico because my car insurance is through them and they gave me a discount for having both. They were the most reasonable I found.
AAA Home Insurance Reviews
Date: October 19, 2018 Age: 30 to 39 Gender: Male Marital Status: Married
Communication
when i have had to file a claim it has been very pleasant . they are very friendly, knowledgeable and help with anything i need help with.
Farmer's Insurance Home Insurance Reviews
Date: November 09, 2018 Age: 40 to 49 Gender: Male Marital Status: Unmarried
Customer Service
farmers insurance customer service is great, you can easily contact them by phone, email, on-line chat or by fax. they respond very fast to your inquires and with full details. and they are proficient and kind.