Homeowner Insurance Costs in Bernalillo County, NM

How much does homeowner insurance cost in Bernalillo County? Here's what to expect.

Est. Annual Premium

$1,360

Monthly Cost

$113

Median Home Value

$247,300

% of Income

2.2%

Typical Coverage Breakdown

Coverage Amounts

Dwelling (Coverage A)$247,300
Personal Property (C)$123,650
Liability (E)$300,000
Deductible$2,473

Cost Context

Homeownership Rate63.4%
Median Income$62,220
Property Tax Rate1.0%
Population674,692

About Insurance in Bernalillo County

Homeowner insurance in Bernalillo County, New Mexico costs an estimated $1,360 per year for a median-value home of $247,300. This represents approximately 2.2% of the median household income of $62,220.

Actual premiums depend on your home's age, construction type, claims history, credit score, proximity to fire stations, and specific peril exposures. Use our calculator for a personalized total cost of risk analysis with peril-by-peril breakdown.

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Other Counties in New Mexico

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Insurance Information Institute, state insurance departments. Estimates are county-level approximations. This is not insurance advice.