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94018 Home Insurance Average Premiums

Local 94018 homeowners insurance quotes comparison

$614 /yr.

Shows Zip Code: 94018 lowest rates with discounts applied on average.

For the 94018, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$614 /yr.
Average Coverage:$864 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1164 /yr.

What is the average home insurance cost for a home in 94018?

  • • The average homeowners insurance premium paid annually for a home in 94018 is around $864 per year.

What does it cost on average per month for home insurance in 94018?

  • • Homeowners in 94018 pay a monthly average cost per month around $72.00.

What kind of discount could I get if I combine my home and auto insurance together in 94018?

  • • Autoowners in 94018 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the El Granada area, check out other zip codes nearby 94018.
Review average rates in another zip code:
94018 homeowners insurance rates

Home Replacement Cost Coverage in 94018

Average Building Cost Per Square Foot in 94018: $324

Location: El Granada, California (San Mateo County)

Average Square Footage in 94018: 3,840 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 94018 before you start any project. El Granada homeowners pay on average around $324 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 94018 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 94018 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 3,840 sq. ft. and the average cost to rebuild the home in this area is around $324 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the El Granada area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$3243,840$1,244,200
Additional Upgrades & Added Features$4053,840$1,555,250
Major Home Updates or Advancements$4863,840$1,866,300

It's important to understand that when you estimate your replacement cost of your home in the 94018 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 94018

Best Home & Auto Insurance Agencies in 94018

Housing Demographics for 94018

Population Review for 94018 Zip Code

For the city of El Granada, the population within 94018 has increased to over 0 residents in population size. The current population total is 3,513. We have broken down the population based on race below. In 94018, there are over 1741 in male population and 1772 females.

PopulationValues
Total Population3,513
White Population2656
Black Population20
Hispanic Population536
Asian Population135
Hawaiian Population3
Indian Population30
Other Population200
Male Population1741
Female Population1772
Population Estimate0

Household Data for 94018

The average number of homes in 94018 is around 1,397, there are an average of 2.51 per household. The average house value according to local real estate values is around $1,244,200. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode1,397
Persons Per Household2.51
Average House Value$1,244,200
Income Per Household$194038
Median Age47.4
Median Age Male47.3
Median Age Female47.6
94018 DetailsValues
StateCA
State Full NameCalifornia
City TypeZ
City Alias Abbreviation
Area Code650
CityEl Granada
City Alias NameEL GRANADA
CountySan Mateo
County FIPS081
State FIPS06
Time Zone8
Day Light SavingY
MSA7362
PMSA7360
CSA488
CBSA41860
CBSA_DIV41884
CBSA_TypeMetro
CBSA_NameSan Francisco-Oakland-Fremont, CA
MSA_NameSan Francisco-Oakland-San Jose, CA CMSA
PMSA_NameSan Francisco, CA PMSA
RegionWest
DivisionPacific
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses76
Number Of Employees461
Business First Quarter Payroll5343
Business Annual Payroll26157
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population4335391
CBSA Division Population1523686
Congressional District14|16
Congressional LandArea259.5|2839.51
Delivery Residential0
Delivery Business0
Delivery Total1781
Preferred Last Line KeyZ21019
Classification CodeP
Multi-County
CSA NameSan Jose-San Francisco-Oakland, CA
CBSA_DIV_NameSan Francisco-San Mateo-Redwood City, CA
City State KeyZ21019
Land Area0.579000
Water Area0.000000
City Alias Code
City Mixed CaseEl Granada
City Alias Mixed CaseEl Granada
Box Count1682
SFDU0
MFDU0
State ANSI06
County ANSI081
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationD
Finance Number052406
Unique ZIP Name
SSA State County Code05510
Medicare CBSA Code41884
Medicare CBSA NameSan Francisco-San Mateo-Redwood City, CA
Medicare CBSA TypeMetro
Market Rating Area ID8
County Mixed CaseSan Mateo

California Homeowners Insurance News & Information

  • Why Are Homeowners Insurance Premiums Rising in 2024? Posted on Tuesday 9th July, 2024

    As insurance rates rise at unprecedented rates, homeowners are cutting back on groceries, travel, dining out, and even medication to afford the cost of their insurance premiums. In even more shocking news, 1 in 10 homeowners are even consider moving to an area with lower premiums, according to a recent survey by Claimguide. According to […]

  • Largest Insurer in California – Travelers Announces Home Insurance Rates Going Up 15% Posted on Monday 20th May, 2024

    Travelers Insurance, which is one of the largest insurers in California, recently announced that they will be raising premiums by an average of 15% in the Golden State. This is just the latest rate increase or policy limitation by major insurance companies who blame the increases on spreading wildfire risks, inflation, and the cost of […]

  • 2024 Average Homeowners Insurance Rate at $2,777 per year  Posted on Tuesday 20th February, 2024

    A recent report by Insurance.com, found that the average homeowners insurance rate in the U.S. came in at $2,777 per year which breaks down to $231 a month. The average was based on coverage levels of $300,000 in dwelling and liability and a $1,000 deductible. When Insurance.com ran the numbers, Oklahoma was the most expensive […]

  • What exactly is a FAIR Plan? Posted on Tuesday 2nd January, 2024

    If you live in an area where severe weather is common, or wildfires pop up every summer you may have trouble finding affordable home insurance coverage. If homes in your area are repeatedly damaged or destroyed by a covered peril, insurers may pull out of the entire area, refusing to write policies in your neighborhood. […]

  • 2024 Homeowners Insurance Outlook Receives Negative Rating Posted on Tuesday 21st November, 2023

    The insurance news for 2024 is certainly not great. Experts expect that extreme weather and increasing costs will push up insurance costs and make insurance companies more selective when deciding where they will write policies.  Recently, credit rating agency AM Best downgraded the entire home insurance industry from stable to negative. According to Richard Attanasio, […]