How much is homeowners insurance in Highland Park, NJ

Why you can trust Insure.com

Quality Verified

At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.

The average cost of homeowners insurance in Highland Park is $1,372 per year (for the coverage level of $300,000 for dwelling, $100,000 for liability protection and $1000 deductible), based on Insure.com’s rate data analysis. It’s $1,132 less than the national average of $2,504.

However, homeowners insurance rates can vary drastically from one home to another. Home insurance rates in Highland Park depend on a number of factors, including:

• Size of your home
• Age of your home
• Amount of coverage you need
• Location
• Your credit score

To make sure you are getting the best deal on home insurance, it is important to get quotes from multiple insurers to find the right coverage for your needs. Read this guide to know how much homeowners insurance cost per month in Highland Park, home insurance cost for different dwelling coverage, also know which companies offer cheap home insurance in Highland Park.

In this guide, we will explain everything from what coverage options are available to which companies have the cheapest rates for homeowners insurance in Highland Park.

How much is homeowners insurance in Highland Park per month

Residents of Highland Park pay an average of $114 a month for homeowners insurance, as per Insure.com’s rate analysis. It’s $11 less than the state average of $125 and $95 less than the national average for home insurance across the United States.

The cost of your homeowners insurance policy in Highland Park may change based on location, property value, and selected coverage options.

How much is homeowners insurance for a $200,000 house in Highland Park

The average cost of homeowners insurance in Highland Park, NJ is $1,055 annually for the dwelling coverage of $200,000 and the liability protection of $100,000. The amount you pay for home insurance each year depends on many different things. The types of natural disasters or events that take place in your area affect how much you pay for coverage in your city.

Some areas are more at risk for natural disasters, like flood, hurricanes, or tornadoes. This means that if something happens, the cost of rebuilding would be higher in those areas, thereby leading to higher insurance premiums. Your insurance policy might not cover damage caused by floods or hurricanes. So, if you live in a flood-prone area, consider buying flood insurance coverage.

How much is homeowners insurance for a $300,000 house in Highland Park

Based on a rate analysis conducted by Insure.com, Highland Park residents pay an average of $1,372 per year to insure a home for coverage limits of $300,000 dwelling, $100,000 liability with a $1,000 deductible. If you plan to increase your dwelling coverage from $200,000 to $300,000, you must pay an additional $317 per year for home insurance.

Buying adequate insurance to cover the entire expense of rebuilding your home is best advisable. However, the amount of dwelling coverage you need may vary depending on your home’s size, amenities, and the cost of living in your area.

How much is homeowners insurance in Highland Park by company

Among the carriers analyzed, New Jersey Manufacturers is the most affordable homeowners insurance company in Highland Park. It’s average annual rate for homeowners in Highland Park is $826, while Chubb Ltd ranks second.

Research on the company is essential before selecting a homeowners insurance policy. Insure.com has thoroughly examined all insurance companies operating in Highland Park and compiled a list of the most affordable home insurance companies.

Below are details of Highland Park home insurance companies and their average annual premiums.

Common natural disasters in New Jersey that may affect home insurance

Living in New Jersey comes with the threat of natural disasters, which can cause significant damage to homes and property, often resulting in insurance claims. Understanding which natural disasters are most prevalent in your area is key to choosing the right home insurance policy.

Coastal flooding and Strong wind are some of the most common natural disasters in New Jersey that could impact your home insurance rates.

How home insurance protects you against natural disasters

Home insurance plays a crucial role in protecting your home and belongings in case of natural disasters. Events such as hurricanes, floods, earthquakes and wildfires can cause significant damage, and home insurance helps by covering the costs of repairs or replacement of your property. Depending on your policy, it may also provide coverage for temporary living expenses if your home becomes uninhabitable.

In addition to physical damage, home insurance typically covers liability costs if someone is injured on your property. This added protection gives homeowners peace of mind, knowing they have financial support during difficult times.

A standard home insurance policy may not cover all-natural disasters. Review your policy carefully to ensure you’re covered for the specific risks.

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Highland Park for $300,000 dwelling coverage and $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.

Shivani Gite

Contributing Writer

 

|

 . .

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.

Related Articles

How to prevent tornado damage By Ashlee Tilford

Does homeowners insurance cover code upgrades? By Nupur Gambhir

Mobile home insurance cost and coverage in 2025 By Chris Kissell

Homeowners insurance rates by state in 2025 By Jake Safane

The 10 costliest wildfires By Zack Sigel

How to prepare for a hurricane By Kara McGinley