How Can I Make My Hobbs, NM Home Insurance Cheaper
Gavop's guide to buying homeowners insurance in Hobbs, NM 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.
Compare Quotes from Top Providers and Save now!
Select the Suitable Coverage Value for your Hobbs, NM Home | Back to Top
| Bedrooms | Average Home Value | Estimated Replacement Value | Recommended Home Insurance Coverage |
|---|---|---|---|
| 1 Bedroom | $31,500 | $30,000 | $25,000-$50,000 |
| 2 Bedroom | $53,500 | $50,000 | $50,000-$75,000 |
| 3 Bedroom | $79,500 | $70,000 | $50,000-$75,000 |
| 4 Bedroom | $160,000 | $150,000 | $175,000-$200,000 |
| 5 Bedroom | $101,000 | $100,000 | $100,000-$125,000 |
Estimate your Savings with Home Insurance Discounts in Hobbs, NM | Back to Top
| Type | Discount ($) | Premium After Discount ($) |
|---|---|---|
| Multipolicy Discount | -$132 | $646 |
| Superior Protection Discount | -$70 | $709 |
| Fire & Security Discount | -$55 | $724 |
| Hail Resistant Roof Discount | -$23 | $756 |
| Newly Constructed Home Discount | -$195 | $584 |
Choose your Hobbs, NM Home Insurance Coverage for your Specific Claim Requirement | Back to Top
| Claim Type | Average Claim Cost |
|---|---|
| General Claims | |
| Water Damage | $6,095 |
| Physical Damage | $2,344 |
| Hail Damage | $4,524 |
| Wind Damage | $6,687 |
| Expensive Claims | |
| Fire | $45,123 |
| Smoke | $17,222 |
Identify Top Home Insurance Agents near Hobbs, NM | Back to Top
| Home Insurance Company Hobbs, NM | Homeowners Insurance Agency Hobbs, NM | Address | Popularity Score | Distance from Hobbs (miles) |
|---|---|---|---|---|
| Allstate | Hester Agency - Hobbs | 1401 N Turner St Ste 8, Hobbs, NM, 88240 | 10.6 | |
| State Farm | Mike Guerin | 111 E Sanger, Hobbs, NM, 88241-0040 | 10.6 | |
| State Farm | David Whitten | 124 W Bender Blvd, Hobbs, NM, 88240-2232 | 10.9 | |
| State Farm | Katrina Weiss | 2827 N Dal Paso St Ste 115, Hobbs, NM, 88240-2062 | 11.6 | |
| Farmers | Mark Whittington | 107 N Main Ave, Lovington, NM, 88260 | 20.1 | |
| Farmers | Rebecca Long | 226 W Vega Dr, Hobbs, NM, 88240 | 10.6 | |
| State Farm | David Whitten | 206 S Main Street, Lovington, NM, 88260 | 20.0 | |
| Allstate | Leavell Ins Agcy | 122 Main, Jal, NM, 88252 | 38.0 | |
| Travelers | Daniels Insurance Agency Inc | 300 North Linam, Hobbs, NM, 88240 | 10.3 | |
| Travelers | Daniels Insurance Agency Inc | 300 N Linam, Hobbs, NM, 88240 | 10.2 |
Compare Rates for Hobbs, NM 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 |
|---|---|---|---|---|---|
| New Mexico | $163,900 | $870 | $630 | $1,210 | $580 |
| Lea County, NM | $118,500 | $755 | $520 | $1,040 | $520 |
| Hobbs, NM | $130,200 | $779 | $560 | $1,070 | $510 |
| Lea County, NM | $118,500 | $755 | $520 | $1,040 | $520 |
| North Hobbs, NM | $174,600 | $890 | $610 | $1,220 | $610 |
| Eunice, NM | $95,000 | $724 | $520 | $1,030 | $510 |
| Jal, NM | $71,500 | $663 | $440 | $920 | $480 |
| Seminole, TX | $119,900 | $1,003 | $660 | $1,540 | $880 |
| Denver City, TX | $81,300 | $1,015 | $670 | $1,560 | $890 |
| Andrews County, TX | $126,000 | $927 | $610 | $1,430 | $820 |
| Tatum, NM | $70,600 | $660 | $470 | $930 | $460 |
| Andrews, TX | $131,700 | $939 | $620 | $1,450 | $830 |
Research Home Insurance Companies Reviews in Hobbs, NM Before Buying | Back to Top
Share a review on your home insurance company
State Farm Home Insurance Reviews
Date: October 26, 2019 Age: 40 to 49 Gender: Male Marital Status: Married
Date: January 23, 2019 Age: 50 to 59 Gender: Female Marital Status: Married
Date: October 22, 2018 Age: 20 to 29 Gender: Male Marital Status: Unmarried
Date: October 20, 2018 Age: 30 to 39 Gender: Male Marital Status: Unmarried
Allstate Home Insurance Reviews
Date: January 06, 2020 Age: 30 to 39 Gender: Female Marital Status: Married
Date: October 13, 2019 Age: 30 to 39 Gender: Male Marital Status: Married
Date: July 30, 2019 Age: 20 to 29 Gender: Male Marital Status: Unmarried
GEICO Home Insurance Reviews
Date: January 10, 2020 Age: 40 to 49 Gender: Male Marital Status: Married
Date: September 07, 2019 Age: 30 to 39 Gender: Male Marital Status: Married
Date: May 31, 2019 Age: Above 60 Gender: Married Marital Status: Male
Liberty Mutual Home Insurance Reviews
Date: July 01, 2019 Age: 50 to 59 Gender: Female Marital Status: Married
Date: June 13, 2019 Age: 20 to 29 Gender: Married Marital Status: Female
Farm Bureau Home Insurance Reviews
Date: October 19, 2019 Age: 40 to 49 Gender: Female Marital Status: Married
Progressive Home Insurance Reviews
Date: December 29, 2019 Age: 20 to 29 Gender: Male Marital Status: Unmarried
Safeco Insurance Home Insurance Reviews
Date: December 19, 2019 Age: Above 60 Gender: Male Marital Status: Married
Nationwide Home Insurance Reviews
Date: November 25, 2018 Age: 40 to 49 Gender: Female Marital Status: Married
Farmer's Insurance Home Insurance Reviews
Date: July 15, 2019 Age: 30 to 39 Gender: Male Marital Status: Married