Hyattsville, MD Home Insurance
Protect your major investment with quality Hyattsville home insurance.
If you are one of the 20,675 residents who call Hyattsville, Maryland, home, you probably appreciate the high quality of life in this Washington, D.C., suburb. Nearly 50% of adults own their house in the city, adding to the pride people take in this community. With the median price of a home reaching $400,000, you understand the value of strong Hyattsville home insurance.
Whether you own a Cape Cod in the White Oak Manor neighborhood, a new condominium in the Avondale Terrace section or an older home near University Hills, you know that keeping up the value of a home is important. With your main property secured, you can enjoy spending some time at The Mall at Prince George's or the city's art museums with a sense of confidence.
Whether you own your home outright or have a mortgage, it pays to carry protection for common perils of homeownership, such as fires and extreme weather events. With an average annual income of over $85,000 per household, most Hyattsville residents understand the importance of wise financial decisions, which include solid insurance for a home.
Many items impact what you pay for a strong home insurance policy. The following five factors are among the biggest determinants of the cost of your annual premiums:
While people in Maryland pay less than the national average for home insurance, Hyattsville residents pay a little more than the state average at about $114 a month. To get a better understanding of the costs and coverages available, you can use VIU by HUB to compare quotes and protections across a broad range of insurance carriers.
You can customize your insurance policy to make sure you get the best value and the optimal mix of coverages for your household. A standard policy will likely cover the following perils that could inflict damage upon your home:
For additional costs, you might consider coverages that deal with flooding, earthquakes or other exceptional events. The more coverage options you select, the more you will pay for Hyattsville home insurance. By reviewing insurance information at VIU by HUB, you can find a policy that fits your needs and your budget.
Where you live usually has specific risks associated with your location. While home fires can happen just about anywhere, Hyattsville has a suite of risks unique to its Eastern U.S. location. The city has a moderate flood factor that could see 671 properties severely affected by flooding in the next thirty years. It also has a moderate risk of high winds, with 4,765 properties at risk of wind damage in the next thirty years.
In general, Hyattsville also has a high rate of property crimes with nearly 48 residents out of 1,000 falling victim to this type of crime. These factors can help you decide on the right insurance for your situation. Spending time exploring VIU by HUB will also help you make an informed decision about Hyattsville home insurance.
This information is intended for general informational purposes only and is not intended to constitute legal advice.
