Limestone, NY Home Insurance Quotes!

To all Limestone Homeowners! It is our job to make sure your homeowners insurance policy protects you from financial loss that could occur if your home was damaged. Our Limestone, NY licensed agents are ready to shop up to 12 competitive home insurance rate quotes for your home to help you save money on your insurance and protect your home from damage. Limestone homeowners are paying around $85 per month for insurance coverage. Let us help you shop the best rate today!

Did you know that homeowners are protected within a standard home insurance policy that covers you for losses like: house fires, hurricanes, lightning, wind, theft, vandalism, and even falling objects like tree limbs or power lines. Most home insurance policies provide liability coverage if you were found responsible for someone's injury. Please understand that your standard home insurance policy is not covered for floods, this is a separate policy and can be purchased through your insurance carrier or through the National Flood Insurance Program. If your home is located in a flood zone, you will need us to shop shop you home and flood insurance coverage options to help provide the best rate. We can help you with this service and once you complete a Limestone, NY home insurance quote request online, our system will know if your home is in a flood zone.

Limestone, NY Demographics & Home Value Data

The data values below are for the Limestone, NY (CATTARAUGUS County) location.

Limestone Total Population: 1,166
Occupied Home Residents: 486
Average Price of a Home Per Zip Code in Limestone: $63,500

Limestone, NY Homeowners Insurance Quotes

If your home in Limestone is around 1650 square feet or smaller you can easily find cheaper rates in the price range of $772 per year for great insurance coverage. Average homeowners near you are paying around $1,022 per year, which is only $85 a month. Your mortgage company will add this into your mortgage along with your property tax. We can help you shop the best home insurance rates for you! Please enter your zip code or call us to get started on reviewing cheaper rate quotes today!

Compare Homeowners Insurance Rates in Limestone, NY!

Get up to 12 competitive Limestone, NY homeowners insurance rates all in one place!

Average Rates Nearby Limestone

Are you looking for homeowners insurance in a city near Limestone? 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 Limestone, NY

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

14753,

Limestone, NY Home Insurance Average Premiums

Local Limestone, NY home insurance quotes comparison

$772 /yr.

Shows Limestone's lowest average rates with discounts applied.

For the city of Limestone, 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)	$772 /yr.
Average Coverage:	$1022 /yr.
2600 sq. ft. or higher (all discounts applied)	$1322 /yr.

What is the average home insurance cost for a home in Limestone, NY?

• The average homeowners insurance premium paid annually for a home in Limestone is around $1022 per year.

What does it cost on average per month for home insurance in Limestone, NY?

• Homeowners in Limestone pay an average cost per month around $85.00 for insurance coverage.

Limestone, NY Coastal Wind, Hail & Flood Information

Limestone is located in a coastal county which greatly increases the risk of hurricanes and windstorms. Our quoting process will include wind and hail coverage options to give you the best protection you need against high winds and storm damage.

Limestone, NY - 2023 Housing Information

Month	Current Home Value (2023)	Last Year Home Value (2022)
January	$97,693	$85,831
February	$96,327	$87,370
March	$94,772	$89,411
April	$93,527	$90,541

Homeowners insurance will help cover the cost to repair or replace your Limestone 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 Limestone
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 Limestone, NY homeowners insurance rates all in one place!

Saving Money Tips on Limestone Home Insurance

A great way to save money on Limestone 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 Limestone area? Check out what homeowners are paying on average for New York homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation	Details	Homeowners Tips
1557 ft.	This is the average home elevation in Limestone, NY	» Elevation is crucial to a homeowners insurance policy because it determines the risk of your home being in a flood zone which is particularly important in a coastal state such as Limestone, New York. A standard homeowners policy does not cover flood damage. If you live in a flood prone area, you will need to purchase a separate flood to fully protect your home. Call Now for Flood Insurance Quotes: 888-620-1954! Flood insurance can be purchased via the National Flood Insurance Program (NFIP) or in the private market. NFIP policies come with coverage caps and other restrictions so you may need to supplement your flood insurance coverage with a private market policy. It's important to remember that flooding occurs in low and moderate risk areas as well. According to FEMA data, almost 25% of all flood claims come from low to moderate-risk areas.

Elevation

Details

Homeowners Tips

1557 ft.

This is the average home elevation in Limestone, NY

» Elevation is crucial to a homeowners insurance policy because it determines the risk of your home being in a flood zone which is particularly important in a coastal state such as Limestone, New York.

A standard homeowners policy does not cover flood damage. If you live in a flood prone area, you will need to purchase a separate flood to fully protect your home.

Call Now for Flood Insurance Quotes: 888-620-1954!

Flood insurance can be purchased via the National Flood Insurance Program (NFIP) or in the private market. NFIP policies come with coverage caps and other restrictions so you may need to supplement your flood insurance coverage with a private market policy.

It's important to remember that flooding occurs in low and moderate risk areas as well. According to FEMA data, almost 25% of all flood claims come from low to moderate-risk areas.

To get online quotes on your home and compare rates on home insurance premiums in Limestone, 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 Cattaraugus County.

New York Homeowners Insurance News & Information

$4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024
According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]
I can’t afford my home insurance, what do I do? Posted on Saturday 9th November, 2024
According to data from the National Association of Realtors (NAR), the average U.S. insurance rate is $2,377 a year. The data also suggest that homeowners could see a 6% rise in rates by the end of the year which is in addition to the 20% increase over the two previous years. As climate change pushes […]
How to Get the Best Homeowners Insurance Policy for Your Needs Posted on Wednesday 6th November, 2024
Having the proper insurance coverages in place is a critical part of owning a home, it protects your investment and finances in the event your home is destroyed by an unexpected disaster such as a fire, flood or severe storm. Understanding the different coverages that are available to homeowners is key to making sure you […]
Homeowners Shopping Rates Due to Rise in Premiums Posted on Monday 23rd September, 2024
According to the recently released J.D. Power 2024 U.S. Home Insurance Study a nationwide rise in premiums has driven many customers to shop for new policies as their rates are now too high. “’The average shopping rate among home insurance customers has climbed to a record high of 6.8% through the second quarter of 2024, […]
Where is it cheaper to rent than to buy a home in the United States? Posted on Thursday 5th September, 2024
According to a new study from Clever Real Estate, a St. Louis-based real estate company, monthly rent costs are actually cheaper than a monthly mortgage payment in 48 of the 50 most populous cities in the United States. Their analysis looked at mortgage principals, interest, taxes as well as homeowners insurance and they found that […]

Limestone, NY Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Limestone 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 Limestone, NY?

- The average square footage in Limestone is around 310 Sq. Ft. which would cost you around $63,500 to replace the home if you base the home on the price to build per square foot of $205.

Minimum Replacement Cost Total: $63,500

Location: Limestone, New York (Cattaraugus County)

Average Building Cost Per Square Foot in Limestone: $205 (low end)

Average Square Footage in Limestone: 310 Sq. Ft.

Home Improvement Status	Price per Sq. Ft.	Dwelling Coverage
None or Very Minor Improvements	$205	$63,500
Some Additional Upgrades	$256	$79,375
Major Home Updates or Advancements	$308	$95,250

Calculate Your Limestone, NY Dwelling Coverage

The dwelling coverage is calculated by the average cost per square foot ($205) in Limestone, New York 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 $640,625 (Media price to build of $256 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.