Home Insurance Providers in Hobbs, NM
Home Insurance in Hobbs, NM
Home Insurance Rates in Hobbs, NM
- Home Insurance: Hobbs 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 Hobbs, NM
- Owner-Occupied Housing: Hobbs 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 Hobbs, NM
- 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 Hobbs, NM
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
- 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 Hobbs, NM
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 Hobbs
The city of Hobbs has a population of approximately 34,122 and is located in Lea County in the state of New Mexico. [6]
Hobbs, NM Home Insurance
For more information about Hobbs Home Insurance, or for additional resources regarding home insurance overall, visit the New Mexico Department of Insurance.
Did you know?
In 2012, wind and hail were the leading cause of home insurance losses, totaling 47.2% of all losses in the U.S.
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)
