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Quickly Revew Homeowners Insurance in 94560

If you own a home in Newark, CA you need a great homeowners policy to protect your home and possessions. Industry experts recommend shopping your homeowners insurance on a yearly basis to ensure that you are getting the best price and coverage levels.

GetHomeInsuranceQuotes.com can help you shop your coverage and find the best policy for your home in 94560 zip code. Our service is always free and we will gather quotes from up to 12 nationwide insurers so you can see all of your homeowners insurance options in one place. Our California licensed agents will also review your needs and make sure you have the appropriate coverage for your home.

If you want to see real savings on the cost of homeowners insurance start shopping GetHomeInsuranceQuotes.com right now. Get started by clicking the Get Multiple Quotes Now" button below, verify your 94560 and start comparing rates now.

94560 Homeowners Insurance Rates Are Considered: high!

The average rate for a standard homeowners policy in 94560 is $1007 according to industry data. We can help you achieve substantial savings by using our online quoting process to find the best policy for your specific home. We will also make sure you are fully covered. Insurance policies and coverage levels vary so it is key to fully understand your policy and what it covers as well as any coverage limitations.

We only deal with reputable, nationwide insurers so you can be confident that if you do need to make a claim it will be handled quickly and fairly. It’s time to start shopping for a new policy.

Get 94560 Home Insurance Rate Quotes Right Now!

You can easily compare rates for your home in ZIP starting an online quoting application to "get quotes". Or search additional Newark, CA home insurance quotes in your local city and review the most competitive coverages and premiums.

94560 Home Insurance Average Premiums

Local 94560 homeowners insurance quotes comparison

$757 /yr.

Shows Zip Code: 94560 lowest rates with discounts applied on average.

For the 94560, 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)
$757 /yr.
Average Coverage:$1007 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1307 /yr.

What is the average home insurance cost for a home in 94560?

  • • The average homeowners insurance premium paid annually for a home in 94560 is around $1007 per year.

What does it cost on average per month for home insurance in 94560?

  • • Homeowners in 94560 pay a monthly average cost per month around $84.00.

What kind of discount could I get if I combine my home and auto insurance together in 94560?

  • • Autoowners in 94560 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 Newark area, check out other zip codes nearby 94560.
Review average rates in another zip code:
94560 homeowners insurance rates

Home Replacement Cost Coverage in 94560

Average Building Cost Per Square Foot in 94560: $324

Location: Newark, California (Alameda County)

Average Square Footage in 94560: 2,686 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 94560 before you start any project. Newark 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 94560 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 94560 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,686 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 Newark 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$3242,686$870,200
Additional Upgrades & Added Features$4052,686$1,087,750
Major Home Updates or Advancements$4862,686$1,305,300

It's important to understand that when you estimate your replacement cost of your home in the 94560 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 94560

Best Home & Auto Insurance Agencies in 94560

Allstate Insurance Companies

Address: 3900 Newpark Mall Newark, CA 94560
Phone:
Website: http://www.allstate.com
Info: Allstate Car Insurance Quotes, Home Insurance, Financial Products and More
Allstate auto insurance quotes and anonymous ballpark estimates to help protect you, your family and your automobile. Insurance and financial products include car insurance, home insurance, business insurance, life insurance, IRAs and annuities. car insurance, auto insurance quote, vehicle insurance, free online insurance quotes, rate quote, life insurance, annuities, mutual funds, IRAs, allstate insurance agent, allstate.com

Housing Demographics for 94560

Population Review for 94560 Zip Code

For the city of Newark, the population within 94560 has increased to over 50,481 residents in population size. The current population total is 47,533. We have broken down the population based on race below. In 94560, there are over 23926 in male population and 23607 females.

PopulationValues
Total Population47,533
White Population10762
Black Population1584
Hispanic Population14362
Asian Population19802
Hawaiian Population693
Indian Population560
Other Population8317
Male Population23926
Female Population23607
Population Estimate50481

Household Data for 94560

The average number of homes in 94560 is around 14,947, there are an average of 3.16 per household. The average house value according to local real estate values is around $870,200. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode14,947
Persons Per Household3.16
Average House Value$870,200
Income Per Household$144011
Median Age36.8
Median Age Male36.0
Median Age Female37.7
94560 DetailsValues
StateCA
State Full NameCalifornia
City TypeP
City Alias Abbreviation
Area Code510/341
CityNewark
City Alias NameNEWARK
CountyAlameda
County FIPS001
State FIPS06
Time Zone8
Day Light SavingY
MSA7362
PMSA5775
CSA488
CBSA41860
CBSA_DIV36084
CBSA_TypeMetro
CBSA_NameSan Francisco-Oakland-Fremont, CA
MSA_NameSan Francisco-Oakland-San Jose, CA CMSA
PMSA_NameOakland, CA PMSA
RegionWest
DivisionPacific
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses1210
Number Of Employees22444
Business First Quarter Payroll397266
Business Annual Payroll1876984
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 Population2559296
Congressional District17
Congressional LandArea184.85
Delivery Residential15975
Delivery Business1418
Delivery Total19160
Preferred Last Line KeyZ22151
Classification Code
Multi-County
CSA NameSan Jose-San Francisco-Oakland, CA
CBSA_DIV_NameOakland-Fremont-Berkeley, CA
City State KeyZ22151
Land Area20.076000
Water Area0.046000
City Alias Code
City Mixed CaseNewark
City Alias Mixed CaseNewark
Box Count529
SFDU9515
MFDU3802
State ANSI06
County ANSI001
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number055340
Unique ZIP Name
SSA State County Code05000
Medicare CBSA Code36084
Medicare CBSA NameOakland-Berkeley-Livermore, CA
Medicare CBSA TypeMetro
Market Rating Area ID6
County Mixed CaseAlameda

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, […]