Gavop's guide to buying homeowners insurance in Morristown, 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 | $107,000 | $90,000 | $100,000-$125,000 |
| 2 Bedroom | $334,500 | $280,000 | $350,000-$400,000 |
| 3 Bedroom | $368,500 | $310,000 | $300,000-$350,000 |
| 4 Bedroom | $393,500 | $360,000 | $400,000-$500,000 |
| 5 Bedroom | $815,500 | $690,000 | $600,000-$700,000 |
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$185 | $842 |
| Superior Protection Discount | -$92 | $935 |
| Fire & Security Discount | -$103 | $925 |
| Hail Resistant Roof Discount | -$31 | $997 |
| Newly Constructed Home Discount | -$257 | $771 |
| 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 | $2,500 | $1,279 | $3,779 | $929 | $3,429 | $349 |
| Morristown, NJ | $1,000 | $1,015 | $2,015 | $738 | $1,738 | $277 |
| Winfield, NJ | $100 | $846 | $946 | $615 | $715 | $231 |
| Fords, NJ | $2,000 | $852 | $2,852 | $619 | $2,619 | $233 |
| Midland Park, NJ | $400 | $956 | $1,356 | $695 | $1,095 | $261 |
| Branchville, NJ | $700 | $964 | $1,664 | $701 | $1,401 | $264 |
| Harrington Park, NJ | $500 | $1,908 | $2,408 | $1,386 | $1,886 | $521 |
| Norwood, NJ | $1,000 | $1,094 | $2,094 | $795 | $1,795 | $299 |
| Bronx County, NY | $200 | $1,448 | $1,648 | $1,052 | $1,252 | $396 |
| West Amwell, NJ | $2,000 | $1,301 | $3,301 | $946 | $2,946 | $356 |
| Ackermanville, PA | $500 | $794 | $1,294 | $577 | $1,077 | $217 |
| Forks, PA | $1,000 | $754 | $1,754 | $548 | $1,548 | $206 |
| Home Insurance Company Morristown, NJ | Homeowners Insurance Agency Morristown, NJ | Address | Popularity Score | Distance from Morristown (miles) |
|---|---|---|---|---|
| State Farm | Teri Digrande | 724 Speedwell Ave, Morris Plains, NJ, 07950-2231 | 2.2 | |
| Travelers | Daman Associates Inc | 808 High Mountain Rd Ste 220, Franklin Lakes, NJ, 7417 | 19.4 | |
| State Farm | Craig Stix | 10 S Morris St, Dover, NJ, 07801-4637 | 7.3 | |
| Allstate | Neil Greco | 12 Eisenhower Pkwy Ste 11, Roseland, NJ, 7068 | 7.9 | |
| Allstate | Greg Adamo - Adamo Financial Agency | 135 Main St, Madison, NJ, 7940 | 4.4 | |
| Liberty Mutual Independent | The Schenck Agency Inc | 495 Main St, Metuchen, NJ, 8840 | 18.4 | |
| Farmers | Lenny Zaytsev | 300 Interpace Pkwy Ste 400b, Parsippany, NJ, 7054 | 5.2 | |
| Farmers | Lillyanne Park | 84 E Ridgewood Ave Ste 203, Ridgewood, NJ, 7450 | 22.6 | |
| State Farm | John Dipace | 186 Columbia Tpke, Florham Park, NJ, 07932-1389 | 4.4 | |
| State Farm | George Carella | 6 Wilmot St, Morristown, NJ, 07960-4155 | 0.1 |
| 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 | $750 | $1,520 | $770 |
| Morris County, NJ | $438,100 | $1,294 | $870 | $1,840 | $970 |
| Morristown, NJ | $439,600 | $1,027 | $700 | $1,420 | $720 |
| Winfield, NJ | $200,000 | $856 | $620 | $1,210 | $590 |
| Fords, NJ | $293,900 | $863 | $610 | $1,180 | $570 |
| Midland Park, NJ | $488,500 | $967 | $670 | $1,340 | $670 |
| Branchville, NJ | $265,700 | $976 | $670 | $1,350 | $680 |
| Harrington Park, NJ | $595,900 | $1,931 | $1,330 | $2,760 | $1,430 |
| Norwood, NJ | $639,100 | $1,107 | $800 | $1,520 | $720 |
| Bronx County, NY | $371,800 | $1,465 | $1,050 | $2,020 | $970 |
| West Amwell, NJ | $407,300 | $1,317 | $880 | $1,860 | $980 |
| Ackermanville, PA | $202,600 | $804 | $580 | $1,140 | $560 |
| Forks, PA | $258,300 | $764 | $510 | $1,060 | $550 |