Average Home Insurance Cost In Nj. Homeowners insurance costs differ from state to state for a number of reasons. The 2017 average premium the most recent data available was a 1 6 increase from the 2016 average of 1 192.
In 2012 the national. Premiums have been steadily rising over the past decade. In 2016 latest available data iii recorded that new jersey s annual average home insurance premium was 1 174 while the nationwide annual premium stood at 1 192.
The graph below shows how much rates can vary between top home insurance companies.
Homeowners insurance costs differ from state to state for a number of reasons. The average cost of home insurance in new jersey is 1 744 making new jersey the 14th least expensive state in the country for home insurance. In 2016 latest available data iii recorded that new jersey s annual average home insurance premium was 1 174 while the nationwide annual premium stood at 1 192. Average of 1 215 a year.