Get Washington, NJ Home Insurance Rates!

We have great homeowners insurance quotes and rates for your home in Washington, New Jersey, our online quoting process helps you compare the top insurance companies in Washington. Our free quoting process allows you to review up to 12 competitive home insurance rates to help you compare ratings, coverages and rates. Let us help you shop the best rate and coverage for your Washington home today, simply enter your New Jersey zip code or give us a call now!

The most common questions we get asked is "how much is my homeowners insurance going to be"? For homeowners living in Washington, NJ, the average home policy is around $106 per month or $1,277 per year. Your new New Jersey homeowners premium will be paid annually, usually in a state of escrow managed by your mortgage provider. Average home rates are based on a standard home insurance policy, titled an HO-3. Home insurance companies rate risk differently so it is important to let a company like GetHomeInsuranceQuotes.com do the shopping for you and help answer any questions that you may have about your coverage, flood insurance, wind/hail coverage and discounts.

Additional questions asked about homes in Washington:

What is the replacement cost coverage for my home?
Home insurance companies will assign a replacement cost value to your home in case it was ever in need of rebuilding. Remember the cost to replace your home is not the same as buying the home because the cost of land does not need to be itemized as an expense when replacing the structure. Try our home replacement cost calculator to easily generate your total replacement cost coverage, you will see three options to choose from.

How many people live in Washington?
The total city area population for Washington, NJ is 14,492.

How many homes in the Washington area?
The total homes in the city of Washington is 5,512 housing units.

What is the average Washington household income?
The average income in the Washington area is around $84,135.

How much do the homes in Washington cost on average?
The average cost of a home in Washington is estimated to be around $254,400.

Compare Homeowners Insurance Rates in Washington, NJ!

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Average Rates Nearby Washington

Are you looking for homeowners insurance in a city near Washington? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Washington, NJ

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Washington.

07882,

Washington, NJ Home Insurance Average Premiums

Local Washington, NJ home insurance quotes comparison

$739 /yr.

Shows Washington's lowest average rates with discounts applied.

For the city of Washington, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:	Annual Premium
1800 sq. ft. or below (discounts applied)	$739 /yr.
Average Coverage:	$989 /yr.
2600 sq. ft. or higher (all discounts applied)	$1289 /yr.

What is the average home insurance cost for a home in Washington, NJ?

• The average homeowners insurance premium paid annually for a home in Washington is around $989 per year.

What does it cost on average per month for home insurance in Washington, NJ?

• Homeowners in Washington pay an average cost per month around $82.00 for insurance coverage.

Washington, NJ - 2023 Housing Information

Month	Current Home Value (2023)	Last Year Home Value (2022)
January	$0	$0
February	$0	$0
March	$0	$0
April	$0	$0

Homeowners insurance will help cover the cost to repair or replace your Washington home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Washington
Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.

Get up to 12 competitive Washington, NJ homeowners insurance rates all in one place!

Saving Money Tips on Washington Home Insurance

A great way to save money on Washington homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Washington area? Check out what homeowners are paying on average for New Jersey homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation	Details	Homeowners Tips
411 ft.	This is the average home elevation in Washington, NJ	Did you know that the elevation in which your home resides is crucial to a home insurance policy because it determines the risk factor related to your home being in a flood zone. It is important to understand that your home is not covered for floods under a standard homeowners policy. You will need to speak with a local New Jersey flood insurance agent about a flood insurance policy, please give us a call now at 888-620-1954.

To get online quotes on your home and compare rates on home insurance premiums in Washington, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Warren County.

New Jersey Homeowners Insurance News & Information

Buy Flood Insurance: What we learned from Hurricane Ida Posted on Monday 20th September, 2021
On September 2, 2021, Parked cars in New Brunswick, New Jersey submerged underwater after Tropical Storm Ida. Hurricane Ida struck Louisiana as a category 4 hurricane with 150 mile an hour winds and days later hit New Jersey, New York, and other states with a massive amount of rain that has caused numerous flash floods, […]
FEMA’s new rating system is called “Risk Rating 2.0,” effective October 1st, 2021 Posted on Wednesday 28th April, 2021
A recent report by ValuePenguin looked at the new risk ratings that the Federal Emergency Management Agency’s (FEMA) will be using when determining premiums for flood insurance in the National Flood Insurance Program (NFIP). The report found that millions of homeowners could see noticeable increases in flood insurance costs. FEMA’s new rating system is called […]
Update: New Jersey Ordered Insurance Relief Posted on Wednesday 22nd April, 2020
New Jersey residents may see some relief from insurance premiums due to COVID-19 pandemic. Recently, the New Jersey Department of Banking and Insurance ordered insurers to provide financial relief to residents and businesses. The guidance was signed last week by Governor Phil Murphy and extends the grace periods during which insurance companies will not be […]
Mortgage Payment Relief 2020: Tips & Questions Posted on Tuesday 21st April, 2020
Homeowners across the country are suffering as unemployment climbs across all industries, making it difficult for many homeowners to cover all of their bills. The Federal government, as well as some private mortgage companies are offering a bit of help by allowing some homeowners to apply for mortgage relief. While this sounds great, there can […]
New Mortgage Relief for New Jersey Homeowners During Coronavirus Crisis Posted on Wednesday 15th April, 2020
Aerial view of Atlantic City, New Jersey, overlooking Atlantic City Boardwalk and pier. In a recent announcement, New Jersey Gov. Phil Murphy revealed the details of a 90-day grace period for mortgage payments for all New Jersey homeowners that have been financially impacted by the outbreak of the coronavirus. This will allow New Jersey residents […]

Washington, NJ Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Washington so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Washington, NJ?

- The average square footage in Washington is around 1,318 Sq. Ft. which would cost you around $254,400 to replace the home if you base the home on the price to build per square foot of $193.

Minimum Replacement Cost Total: $254,400

Location: Washington, New Jersey (Warren County)

Average Building Cost Per Square Foot in Washington: $193 (low end)

Average Square Footage in Washington: 1,318 Sq. Ft.

Home Improvement Status	Price per Sq. Ft.	Dwelling Coverage
None or Very Minor Improvements	$193	$254,400
Some Additional Upgrades	$241	$318,000
Major Home Updates or Advancements	$290	$381,600

Calculate Your Washington, NJ Dwelling Coverage

The dwelling coverage is calculated by the average cost per square foot ($193) in Washington, New Jersey times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $603,125 (Media price to build of $241 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.