Bradfordwoods, PA Home Insurance Quotes!

If you move to Bradfordwoods, PA, you will join the already 1,175 people that call this beautiful town home. Families in Bradfordwoods have an average of 3 people and they live in one of the 476 housing units that line the streets of Bradfordwoods.

In our fair city, the majority of households are earning about $114,063, which is the median income in Bradfordwoods. One of the very best things about calling Bradfordwoods home is the fact that you can buy a house for the average price of $351,300, which makes it a very affordable community.

How much does home insurance cost in Bradfordwoods?

Once you have purchased a home, you will need to protect it with a homeowners policy. Lucky for you, Bradfordwoods is a very affordable town with an average homeowners insurance premium of $525 per year compared to the city average of $775/yr. Bradfordwoods homeowners in more expensive homes with a heated square footage of more than 2,500 sq. ft. are paying around $1,075 a year because the dwelling coverage is more expensive to replace.

Coverage Guide for Bradfordwoods Homeowners

One thing to consider when buying home insurance is the type of policy you need. There are different policy types that are each designed for the specific type of home that you may own. For example do you own or rent the home? Is the home a single family home, duplex or condo? These are all imporant questions that change the coverage level of the policy you may need to get the right coverage. Here is a brief description of each of the different homeowner policy types that are available to you:

Homeowners 3 (HO-3): The most common of all homeowner insurance types is the HO-3 policy. The majority of homeowners in Bradfordwoods are most likely carrying this policy type. It protects your home against every peril except ones that are excluded specifically in the policy.
It should be noted that all HO-3 policies exclude earthquake and flooding damage.
Homeowners 4 (HO-4): You probably know this policy type by its more familiar name, “renters insurance.” This will cover the personal property in the apartment as well as offering liability coverage for you in the event that some trips and fall or is otherwise injured in your apartment.
Homeowners 5 (HO-5): This policy type is an upgraded HO-3. While more expensive than an HO-3 policy it also offers more coverage. These policies are not available on all homes, they are usually reserved for newer houses that fall in higher price brackets.

One of the major differences with this policy type is that your personal property is covered by all perils that are not named as exclusions. An HO-3 policy on the other hand only protects your personal property against a certain list of perils.

The majority of these policies also offer replacement value as standard coverage on personal property compared to fair market value which takes deprecation into account when calculating the value of your damaged or destroyed property.

Compare Homeowners Insurance Rates in Bradfordwoods, PA!

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Average Rates Nearby Bradfordwoods

Are you looking for homeowners insurance in a city near Bradfordwoods? 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 Bradfordwoods, PA

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

15015,

Bradfordwoods, PA Home Insurance Average Premiums

Local Bradfordwoods, PA home insurance quotes comparison

$525 /yr.

Shows Bradfordwoods's lowest average rates with discounts applied.

For the city of Bradfordwoods, 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)	$525 /yr.
Average Coverage:	$775 /yr.
2600 sq. ft. or higher (all discounts applied)	$1075 /yr.

What is the average home insurance cost for a home in Bradfordwoods, PA?

• The average homeowners insurance premium paid annually for a home in Bradfordwoods is around $775 per year.

What does it cost on average per month for home insurance in Bradfordwoods, PA?

• Homeowners in Bradfordwoods pay an average cost per month around $65.00 for insurance coverage.

Bradfordwoods, PA - 2023 Housing Information

Month	Current Home Value (2023)	Last Year Home Value (2022)
January	$465,234	$435,571
February	$463,680	$442,203
March	$463,951	$450,919
April	$465,579	$459,071

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

Saving Money Tips on Bradfordwoods Home Insurance

A great way to save money on Bradfordwoods 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 Bradfordwoods area? Check out what homeowners are paying on average for Pennsylvania homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation	Details	Homeowners Tips
1220 ft.	This is the average home elevation in Bradfordwoods, PA	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 Pennsylvania 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 Bradfordwoods, 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 Allegheny County.

Pennsylvania Homeowners Insurance News & Information

Should I raise my deductible to $10,000 to help offset the cost of rising premiums? Posted on Wednesday 15th May, 2024
According to industry reports, homeowners are raising their deductibles to $5,000 to $10,000 to help offset the cost of rising premiums. While raising a deductible into the stratosphere will absolutely lower your homeowner insurance premium, it does mean that you will have to cover your deductible amount in the event you have to make a […]
Should I choose the minimum or maximum homeowners insurance coverage? Posted on Monday 13th May, 2024
As homeowner insurance rates rise across the country, some homeowners are opting for policies that offer minimal coverage to keep their premiums affordable. Unfortunately, this choice will leave them at higher risk and in a position where they may have to pay more out of pocket if they have to make a claim on their […]
Texas is Seeing Major Increases in the Cost of Homeowners Insurance Posted on Tuesday 7th May, 2024
Like much of the rest of the country, Texas is seeing major increases in the cost of homeowners insurance. According to an article in Austin American-Stateman, residents of Texas have seen their insurance rates go up 50.9% on average which is the largest increase in the country for that time period. Unfortunately, experts are predicting […]
Homeowners Below a 580 Credit Score Pay 35% More for Home Insurance Posted on Monday 15th April, 2024
While the odds of a major disaster hitting a specific home is the same regardless of whether the owner has a great credit score or one that puts them in a subprime category, their credit score will impact their rate in many states. In most states, insurers are allowed to consider credit scores when setting […]
The Best Way to Check the Financial Strength of Home Insurance Companies Posted on Wednesday 3rd April, 2024
If you are switching insurance companies, you should always check the financial strength of any insurer you are seriously considering. While an affordable premium is always a plus, if your insurance company cannot afford to pay when you file a claim, the savings will certainly not be worth it. A.M. Best is a credit rating […]

Bradfordwoods, PA Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Bradfordwoods 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 Bradfordwoods, PA?

- The average square footage in Bradfordwoods is around 2,583 Sq. Ft. which would cost you around $351,300 to replace the home if you base the home on the price to build per square foot of $136.

Minimum Replacement Cost Total: $351,300

Location: Bradfordwoods, Pennsylvania (Allegheny County)

Average Building Cost Per Square Foot in Bradfordwoods: $136 (low end)

Average Square Footage in Bradfordwoods: 2,583 Sq. Ft.

Home Improvement Status	Price per Sq. Ft.	Dwelling Coverage
None or Very Minor Improvements	$136	$351,300
Some Additional Upgrades	$170	$439,125
Major Home Updates or Advancements	$204	$526,950

Calculate Your Bradfordwoods, PA Dwelling Coverage

The dwelling coverage is calculated by the average cost per square foot ($136) in Bradfordwoods, Pennsylvania 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 $425,000 (Media price to build of $170 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.