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Comprehensive Local Home Insurance Guide

Home Insurance in 87941 (Salem, NM)

Home Insurance Rates in 87941

^ Residents in 87941 paid average home insurance premiums of $703, based on overall New Mexico data. [1]

Home Insurance Providers in 87941 (Salem, NM)

^ Click here to compare 87941 home insurance options now & find an affordable provider.

Renters Insurance Rates in 87941

^ Residents of New Mexico paid an average renters insurance premium of $186, ranking 17th in the U.S. [2]

Home Insurance Providers in 87941 (Salem, NM)

NM Home Insurance

Homeowners Insurance in 87941 (Salem, NM)

Home Insurance Rates in 87941


  • Home Insurance: 87941 vs. U.S. [1]
    • New Mexico residents collectively (all cities) paid average annual home insurance premiums of $703.
    • This average premium in NM is 28% less than the national average of $978.
    • New Mexico collectively (all cities) ranks 26th in the U.S. in home insurance rates.

Owner-Occupied Housing Units in 87941


  • Owner-Occupied Housing: 87941 vs. U.S. [2]
    • In New Mexico collectively (all cities), owner-occupied housing made up 67.7% of all housing units.
    • This owner-occupied rate in NM is 6% greater than the national average of 63.9%.
    • New Mexico collectively (all cities) ranks 17th in the U.S. in share of housing that is owner-occupied.

Renters Insurance Rates in 87941


  • Rent Insurance Rates: NM vs. U.S. [3]
    • New Mexico residents collectively (all cities) paid average rent insurance premiums of $186.
    • This average rent insurance premium in New Mexico is 1% less than the national average of $187.
    • New Mexico collectively (all cities) ranks 17th in the U.S. in rent insurance rates.

Renters Insurance Providers in 87941

Liberty Mutual

Liberty Mutual

  • Get renters insurance for pennies a day.
  • 24-Hour claims assistance.
  • Protection from theft, fire, and more.
  • Home computer and smartphone coverage.
USAA

USAA

  • Get renters insurance for as little as $12 a month.
  • Get replacement cost coverage for your items.
  • Repair or replace your stolen or damaged property with items similar in quality and worth.
  • Get a personalized quote based on your needs.

Home Ownership Costs in 87941

Household Income Spent on Home Ownership Costs in New Mexico [4]

New Mexico residents (collectively, all cities) spent an average of 33.4% of household income on home ownership costs, which is 1% less than the national average of 33.7%.


Household Income Spent on Rent and Utilities in New Mexico [5]

Residents of New Mexico (collectively, all cities) spent an average of 46% of household income on rent and utilities, which is 4% less than the national average of 48.1%.


Additional information about New Mexico

About 87941

The ZIP code of 87941 (Salem, NM) has a population of approximately 0 and is located in Doña Ana County in New Mexico. [6]

NM Home Insurance

Home Insurance in 87941

For more information about 87941 Home Insurance, or for additional resources regarding home insurance overall, visit the New Mexico Department of Insurance.

Did you know?

In 2010, wind and hail were the leading cause of home insurance losses, totaling 35.6% of all losses in the U.S.

Other ZIP Codes in New Mexico


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Cities in New Mexico

References

1. ^ United States Census Bureau (2009)

2. ^ U.S. Department of Commerce (2012)

3. ^ United States Census Bureau (2009)

4. ^ Insurance Information Institute (2012)

5. ^ Insurance Information Institute (2012)

6. ^ United States Census Bureau (2010)