Swanzey, NH Home Insurance Quotes!

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Are you trying to find affordable homeowners insurance in Swanzey, NH? Although cost analysis and savings is a common factor for Swanzey homeowners when it comes to looking for a new homeowners insurance policy, we also strive to help you find dependable coverage for your home and family. It's important to make sure your home insurance policy provides the protection you need for home related damages due to loss, weather, theft or fires. An enhanced coverage doesn't always have to be expensive, that is why we like to work with you to apply all the following home insurance discounts when comparing companies and the cost of each policy. You may realize that there are additional discounts available other than the common smoke detectors, burglar alarm (security), and deadbolts. All of these possible discount items can help you save up to 40% or more on your homeowners insurance policy. Call 855-976-2656 or get quotes online and let our local Swanzey home insurance agent help you today!

Swanzey Average Homeowners Insurance Premiums

Average home insurance rates for homeowners living in the Swanzey area pay around $801 per year. Smaller homes in the area with less risk and replacement cost coverage pay a little less than average, usually around $551 /yr. with discounts applied. For larger homes in this area over 2000 sq. ft in Swanzey, you may see higher rates in the $1101 range due to much higher replacement cost and upgraded coverage options.

Interesting Facts About the City of Swanzey, New Hampshire

There are 31,425 people that happily call the wonderful city of Swanzey home. There are 2,491 housing units in town, making the average owner occupied household size roughly 3.

The average household income in Swanzey is an extremely respectable $71,522. One more great fact about Swanzey is the average cost of a house, which is $183,600 so housing is very affordable.

Review Coverage Types in Swanzey

Insurance for Swanzey homeowners comes in a variety of types. The following types are just a few of the specific home insurance types that are available:

Swanzey, NH Home Insurance Average Premiums

Local Swanzey, NH home insurance quotes comparison

$551 /yr.

Shows Swanzey's lowest average rates with discounts applied.

For the city of Swanzey, 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)
$551 /yr.
Average Coverage:$801 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1101 /yr.

What is the average home insurance cost for a home in Swanzey, NH?

  • • The average homeowners insurance premium paid annually for a home in Swanzey is around $801 per year.

What does it cost on average per month for home insurance in Swanzey, NH?

  • • Homeowners in Swanzey pay an average cost per month around $67.00 for insurance coverage.

Swanzey, NH - 2023 Housing Information

Month Current Home Value (2023) Last Year Home Value (2022)
January $316,593 $280,480
February $315,574 $286,340
March $314,659 $293,834
April $314,601 $300,604

Homeowners insurance will help cover the cost to repair or replace your Swanzey 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 Swanzey
  • 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.
Enter your Zip Code:    

Get up to 12 competitive Swanzey, NH homeowners insurance rates all in one place!

Enter your Zip Code:    
Easily compare up to 12 competitive Swanzey, NH rates all in one place!

Saving Money Tips on Swanzey Home Insurance

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

Elevation Review for Coastal Wind or Flooding Risk

Elevation Details Homeowners Tips
751 ft. This is the average home elevation in Swanzey, NH

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 Hampshire 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 Swanzey, 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 Cheshire County.

New Hampshire Homeowners Insurance News & Information

  • Florida has 7 New Home Insurance Companies Entering the Market Posted on Friday 1st March, 2024

    Recently, Florida has seen seven new insurance companies enter the market for homeowners coverage. Currently, the average premium for homeowners coverage is $6,000 a year in the Sunshine state compared to a nationwide average of just $1,700 a year, according to the Insurance Information Institute.  The Insurance Information Institute is hopeful that the new insurance […]

  • 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 […]

Swanzey, NH Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Swanzey 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 Swanzey, NH?

- The average square footage in Swanzey is around 1,067 Sq. Ft. which would cost you around $183,600 to replace the home if you base the home on the price to build per square foot of $172.

Minimum Replacement Cost Total: $183,600

Location: Swanzey, New Hampshire (Cheshire County)

Average Building Cost Per Square Foot in Swanzey: $172 (low end)

Average Square Footage in Swanzey: 1,067 Sq. Ft.

Home Improvement StatusPrice per Sq. Ft.Dwelling Coverage
None or Very Minor Improvements$172$183,600
Some Additional Upgrades$215$229,500
Major Home Updates or Advancements$258$275,400

The dwelling coverage is calculated by the average cost per square foot ($172) in Swanzey, 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.