Homeowner Insurance Costs in Chaves County, NM
How much does homeowner insurance cost in Chaves County? Here's what to expect.
Est. Annual Premium
$733
Monthly Cost
$61
Median Home Value
$133,200
% of Income
1.5%
Typical Coverage Breakdown
Coverage Amounts
Dwelling (Coverage A)$133,200
Personal Property (C)$66,600
Liability (E)$300,000
Deductible$1,332
Cost Context
Homeownership Rate67.4%
Median Income$49,673
Property Tax Rate0.6%
Population64,701
About Insurance in Chaves County
Homeowner insurance in Chaves County, New Mexico costs an estimated $733 per year for a median-value home of $133,200. This represents approximately 1.5% of the median household income of $49,673.
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.
Calculate Your True Insurance Cost
Get a peril-by-peril risk analysis, coverage optimization, and premium comparison. Find out if you're over-insured, under-insured, or paying too much.
Start Free Analysis