Gavop's guide to buying homeowners insurance in Ocean, 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 | $126,500 | $110,000 | $100,000-$125,000 |
| 2 Bedroom | $386,500 | $350,000 | $350,000-$400,000 |
| 3 Bedroom | $420,500 | $380,000 | $500,000-$600,000 |
| 4 Bedroom | $709,500 | $630,000 | $800,000-$900,000 |
| 5 Bedroom | $1,103,000 | $890,000 | More than 10,000,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$129 | $790 |
| Superior Protection Discount | -$92 | $827 |
| Fire & Security Discount | -$73 | $845 |
| Hail Resistant Roof Discount | -$18 | $900 |
| Newly Constructed Home Discount | -$266 | $652 |
| Claim Type | Average Claim Cost |
|---|---|
| General Claims | |
| Water Damage | $5,914 |
| Physical Damage | $2,464 |
| Hail Damage | $4,853 |
| Wind Damage | $6,114 |
| Expensive Claims | |
| Fire | $42,442 |
| Smoke | $16,887 |
| Home Insurance Company Ocean, NJ | Homeowners Insurance Agency Ocean, NJ | Address | Popularity Score | Distance from Ocean (miles) |
|---|---|---|---|---|
| Allstate | Neil H. Greco | 25 W Northfield Rd, Livingston, NJ, 7039 | 39.1 | |
| Travelers | Irwin Edelstein Associates Inc | 15 Bridge St, Metuchen, NJ, 8840 | 26.5 | |
| Travelers | Sia Insurance Services | 1442 Lakewood Rd, Manasquan, NJ, 8736 | 9.6 | |
| State Farm | Hemant Jiwnani | 2770 Kennedy Blvd Fl 1, Jersey City, NJ, 07306-5529 | 32.9 | |
| Travelers | William H Connolly & Co Llc | 56 Park St, Montclair, NJ, 7042 | 40.1 | |
| Travelers | Resource Group Inc | 65 Mechanic Street 65 Mechanic Street Red Bank, Red Bank, NJ, 7701 | 6.9 | |
| Travelers | G&S Financial Services Llc | 290 Lafayette Avenue, Hawthorne, NJ, 7507 | 48.3 | |
| Travelers | Franchino Agency | 856 Route 206 Suite B11, Hillsborough, NJ, 8844 | 36.4 | |
| Travelers | Howe Insurance Group | 39 Sycamore Ave, Little Silver, NJ, 7739 | 5.0 | |
| Farmers | Steve Madurski | 1614 Irving St, Rahway, NJ, 7065 | 27.8 |
| 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 | $780 | $1,490 | $710 |
| Monmouth County, NJ | $396,200 | $1,189 | $800 | $1,630 | $830 |
| Ocean, NJ | $400,000 | $919 | $620 | $1,300 | $680 |
| West Freehold, NJ | $373,000 | $1,208 | $810 | $1,680 | $870 |
| Leisure Village, NJ | $84,300 | $534 | $370 | $760 | $390 |
| South Amboy, NJ | $278,900 | $839 | $600 | $1,170 | $570 |
| Island Park, NY | $370,900 | $1,622 | $1,170 | $2,290 | $1,120 |
| Jersey City, NJ | $344,200 | $806 | $580 | $1,100 | $520 |
| South Bound Brook, NJ | $246,500 | $942 | $640 | $1,310 | $670 |
| Weehawken, NJ | $557,200 | $1,003 | $730 | $1,390 | $660 |
| West Orange, NJ | $370,200 | $1,116 | $770 | $1,580 | $810 |
| Levittown, PA | $221,900 | $814 | $560 | $1,120 | $560 |
| Bristol, PA | $203,300 | $781 | $570 | $1,080 | $510 |