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Home Insurance Costs with Deductible Scenarios in Hammond, IN & Nearby Areas

Place Name/Near by place Typical Insured Amount ($) High Deductible($)
($2500)
Low Deductible($)
($500)
Hammond, IN $87600 $490 $674
Wheeler, IN $131300 $610 $840
Midlothian, IL $149100 $475 $653
Bedford Park, IL $170000 $597 $821
Phoenix, IL $71500 $390 $536
Lansing, IL $125500 $485 $668
Orland, IL $259100 $589 $811
Orland Hills, IL $228100 $561 $772
Burbank, IL $174200 $602 $829
Schererville, IN $206300 $615 $847

Impact of Coverage Amount on Home Insurance Cost In Hammond, IN

Coverage Amount Home Insurance Cost ($)
$100,000 $828
$200,000 $2,262
$300,000 $3,049
$400,000 $3,904
$500,000 $4,997
$750,000 to $1000,000 $5,778
Above $1000,000 $6,832


Hammond, IN Homeowners Insurance Rates Compared to State & National Average Rates

Average Home Insurance Cost($)
National Average $1224
Hammond, IN Average Home Insurance Cost$681.91
State Average Home Insurance Cost$847
Difference Vs national Average-542.09

Top Homeowners Insurance Companies in Hammond, IN

Insurance Provider Average Homeowners Insurance Cost($)
Safeco $1,217
Allstate $1,168
Farmers $1,158
Cincinnati Insurance $932

Hammond, IN Home Insurance Discounts For Different Number of Claims

Type Discount/Extra Cost in ($) Premium After Claim Payout ($)
Claim Free -82 600
One Claim +41 723
Two Claims +82 764