Home Insurance and Car Insurance in New Jersey

Homeowners Insurance Coverage Options in New Jersey

What kinds of home insurance can you buy in New Jersey? SelectQuote customers commonly purchase home policies that include the following types of home insurance coverage:

• Dwelling coverage protects the actual structure of your home, including its walls and roof.
  

• Personal property coverage protects the items inside your house, such as furniture, clothes and appliances. Some high-dollar items may be excluded.
  

• Other structures cover damages or losses to the physical structure of buildings on your property that aren’t attached to your house, such as a detached garage.
  

• Guest medical protection coverage pays for medical expenses if someone is injured on your property.
  

• Liability protection coverage defends and protects you against lawsuits after another person is injured on your property or you damage their property.
  

Additional living expenses coverage pays for increased living expenses such as lodging and food if a covered loss renders your home uninhabitable.

Common Causes of Loss in New Jersey

Because of its location on the Atlantic coast, New Jersey is vulnerable to specific types of losses. Many home insurance claims involve the following causes of loss:

• Flooding isn’t covered by traditional home insurance despite several properties being at increased to severe risk of flooding over the next several decades.¹
  

• Sewage backup is another big risk for New Jersey homeowners. Excessive rain or snowmelt can cause sewer pipes to back up and the overflow of untreated sewage or stormwater can flood your home.
  

• Hurricanes and other windstorms can hit areas of New Jersey hard, leading to flooding and severe home damage.
  

• Fire is always a risk for homes in any state, but some of the heavily wooded areas of New Jersey are at risk of wildfire damage. Fire and smoke damage can lead to thousands of dollars in costly repairs or rebuilds.
  

• Snowstorms can be frequent in New Jersey, leading to collapsed roofs, water damage and other losses.
  
  
  

Additional Coverage Options Recommended for New Jersey Homeowners

In addition to standard home insurance coverage, New Jersey residents may want to purchase additional coverage depending on where they live and what their risks of specific losses are:

• Flood insurance is vital for homeowners who are at an increased risk of flooding. Flood insurance isn’t usually sold by most home insurance companies as part of a standard policy. Instead, it can be purchased on its own from the National Flood Insurance Program (NFIP).
  

• Sewage backup coverage can help in the event that your basement floods due to a failed sump pump or backed up sewers.v
  

• Identity theft coverage can help you recoup the costs of fighting identity theft and other financial crimes

Our Home Insurance Companies in New Jersey

What is the average home insurance cost in New Jersey?

SelectQuote customers in New Jersey pay an average of $112.14⁺ per month for their coverage. Your own home insurance cost will differ based on several factors, including:

• Your policy limits and types of coverage

• Your ZIP code

• Your credit history

• The age and condition of your home

• Your number of previously filed claims
  
  
  

Homeowners Insurance Discounts in New Jersey

If your home insurance seems like it might be too expensive, consider that insurance companies offer several discounts to help make their policies more affordable. You may be eligible for all manner of discounts:

• Customer loyalty discounts

• New homeowner discounts

• Home security system discounts

• Discounts for proactive repairs, such as roofs and windows

• Discounts for bundling home and auto insurance coverage