Homeowner Insurance Costs in Luna County, NM

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

Est. Annual Premium

$555

Monthly Cost

$46

Median Home Value

$100,900

% of Income

1.5%

Typical Coverage Breakdown

Coverage Amounts

Dwelling (Coverage A)$100,900
Personal Property (C)$50,450
Liability (E)$300,000
Deductible$1,009

Cost Context

Homeownership Rate66.6%
Median Income$38,241
Property Tax Rate0.6%
Population25,393

About Insurance in Luna County

Homeowner insurance in Luna County, New Mexico costs an estimated $555 per year for a median-value home of $100,900. This represents approximately 1.5% of the median household income of $38,241.

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.