Newfields, NH Homeowners Insurance Rate Quotes!
If you are shopping for a new homeowners insurance policy in Newfields, NH we are here to help.
GetHomeInsuranceQuotes.com makes shopping your coverage quick and easy, best of all, you never have to leave the comfort of your own home. Our online quoting application process has been trusted by thousands of homeowners like you who want a quick way to review and compare rates without any hassle.
Our licensed homeowners insurance professionals will help you compare multiple options and review your coverage levels to make sure you are fully protected and not paying for coverages you no longer need. We pull rates from up to 12 different carriers so you have plenty of choice when it comes to cost and coverages. All of our insurers are highly rated by A.M Best and we will walk you through the entire process and answer any questions that pop up.
Newfields, New Hampshire has 1,680 residents calling it home. This number translates into 575 households with the median household income coming in at $154,375. The median home price in Newfields is $453,100 making it a very affordable city to buy a house. When it comes to the cost of homeowners insurance, Newfields residents are pretty lucky, the average premium in New Hampshire is $1,048 well below the national median, making New Hampshire a bargain.
Homeowners insurance comes in a variety of different policy types and each one is designed to protect a specific type of house. Here are just a few policy examples:
HO-3: This policy type is the most common homeowner policy and is considered the standard for most houses. It protects against damage from all perils except those specifically excluded in the policy wording. All standard homeowner policies exclude flood and earthquake damage so if you live in a high-risk area for flooding you will need a flood insurance policy, which we can help you find.
HO-5: An HO-5 is considered a more upscale policy that offers broader coverage than an HO-3. These policies are usually only available on newer, high-end homes. One of the major differences is the fact that your personal property (your possessions) are covered against all perils while an HO-3 does limit damage (to your posssessions) to specially named perils. In most cases, an HO-5 policy is significantly more expensive.
H0-6: If you live in a condo or co-op building, this is the type of policy you will need. It protects the structural portions of your unit that you actually own as well as your personal belongings. It also provides liability insurance in the event someone is injured in your condo or co-op. This type of policy only protects against the perils listed in the policy.
If your homeowners insurance premium has increased recently, it may be time to shop your premium around. We have helped thousands of homeowners find a new policy and our quoting process lets you compare rates and coverage levels from the comfort of your own home. We will also make sure that all available discounts are being applied to your policy.
For additional help, please visit our homeowners insurance blog for helpful articles, tips and customer related questions. If you are ready to start shopping for a new policy, simply enter your zip code and we can get started on compare coverage. If you prefer to call us, please call 1-855-976-2656
Compare Homeowners Insurance Rates in Newfields, NH!
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Average Rates Nearby Newfields
Are you looking for homeowners insurance in a city near Newfields? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!
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Home Insurance Rates by Zipcode in Newfields, NH
Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Newfields.
Newfields, NH Home Insurance Average Premiums
For the city of Newfields, 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.
|1800 sq. ft. or below
|2600 sq. ft. or higher
(all discounts applied)
What is the average home insurance cost for a home in Newfields, NH?
- • The average homeowners insurance premium paid annually for a home in Newfields is around $790 per year.
What does it cost on average per month for home insurance in Newfields, NH?
- • Homeowners in Newfields pay an average cost per month around $66.00 for insurance coverage.
Newfields, NH Coastal Wind, Hail & Flood Information
Newfields 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.
Flood Zone Notice: The beautiful coastal city of Newfields is know for it's beautiful beaches and waterways. Because Rockingham County (FIPS: 33015) has a shoreline and is in a coastal area it is important to purchase flood insurance. The risk is very high in this area and we will work with you to provide the best flood insurance coverage you need for your home in Newfields, NH.
Newfields, NH - 2023 Housing Information
|Current Home Value (2023)
|Last Year Home Value (2022)
Homeowners insurance will help cover the cost to repair or replace your Newfields 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 Newfields
- 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 Newfields, NH homeowners insurance rates all in one place!
Saving Money Tips on Newfields Home Insurance
A great way to save money on Newfields 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 Newfields area? Check out what homeowners are paying on average for New Hampshire homeowners insurance.
Elevation Review for Coastal Wind or Flooding Risk
|This is the average home elevation in Newfields, NH
» 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 Newfields, New Hampshire.
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.
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 Newfields, 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 Rockingham County.
New Hampshire Homeowners Insurance News & Information
2024 Average Homeowners Insurance Rate at $2,777 per year Posted on Tuesday 20th February, 2024
A recent report by Insurance.com, found that the average homeowners insurance rate in the U.S. came in at $2,777 per year which breaks down to $231 a month. The average was based on coverage levels of $300,000 in dwelling and liability and a $1,000 deductible. When Insurance.com ran the numbers, Oklahoma was the most expensive […]
NC Residents Speak Against 42% Rate Increase Requested by Rate Bureau Posted on Tuesday 13th February, 2024
During a recent public comment session held by the North Carolina Department of Insurance, dozens of North Carolina residents spoke out against an average rate increase of 42% that the North Carolina Rate Bureau is requesting. The Rate Bureau represents insurance companies in the state and earlier this year requested average rate increases of 42%. […]
Is Homeowners Insurance Part of Your New Years Resolution? Posted on Wednesday 31st January, 2024
The New Year is here for 2024, and you have probably made a list of resolutions involving everything from eating better to losing a bit of weight. One thing that should be on everyone’s list is a review and update of their homeowners policy. The beginning of the year is a great time to pull […]
North Carolina: 2024 Homeowners Insurance Rate Increase Proposed Posted on Friday 19th January, 2024
Recently, the North Carolina Rate Bureau requested that the N.C. Department of Insurance allow increases to homeowners’ insurance rates by an average of 42.2 percent. If the NCDOI agrees, the proposed rates will go into effect Aug. 1. However, it is also possible that the NCDOI will not agree to the increase and deny the […]
Shopping For Coastal NC Home Insurance Posted on Friday 19th January, 2024
Getting an affordable home insurance policy is crucial when shopping for home insurance online, especially if your home is considered to be in a flood zone. Most homes that are in a flood zone are near the coast, like the Outer Banks of North Carolina. Major cities along the North Carolina coast like Calabash, Oak […]
Newfields, NH Dwelling Coverage Estimate
It is important to calculate your dwelling coverage for your home in Newfields 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 Newfields, NH?
- The average square footage in Newfields is around 2,634 Sq. Ft. which would cost you around $453,100 to replace the home if you base the home on the price to build per square foot of $172.
Minimum Replacement Cost Total: $453,100
Location: Newfields, New Hampshire (Rockingham County)
Average Building Cost Per Square Foot in Newfields: $172 (low end)
Average Square Footage in Newfields: 2,634 Sq. Ft.
|Home Improvement Status
|Price per Sq. Ft.
|None or Very Minor Improvements
|Some Additional Upgrades
|Major Home Updates or Advancements
The dwelling coverage is calculated by the average cost per square foot ($172) in Newfields, New Hampshire 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 $537,500 (Media price to build of $215 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.