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61438 Homeowners Insurance Quotes & Rates

Good Hope residents living within the 311 homes available in the zip code of 61438 are shopping online to compare cheaper and more affordable Good Hope, IL home insurance rates. In the great city of Good Hope, homeowners like you want to find less expensive coverage since the home insurance rates have increased. Currently, the average home insurance rate within the state of Illinois is around $869 per year. These average rates are based on a standard or basic homeowner policy that covers your home for risk of fire, theft or liability issues if someone was to be injured on your property. We can provide enhanced coverage options to give you that added protection that you need for your home in the 61438 zip code.

With our online home insurance quoting application and excellent review service, we can help you save up to 40% or more on your next homeowners policy. We will shop up to 12 competitive home insurance rates, review all the coverage options available and propose any discounts or credits that may be available to you. Each home insurance company is different and likes to generate rates based on a number of different risk factors when it comes to insuring your home. We will be able to explain which home insurance company is best for you based on the coverage details, rate affordability and claim dependability.

Let us help you shop and compare your 61438 home insurance rates today! Please give us a call now at 1-855-976-2656. For Good Hope, IL Homeowners Insurance Quotes, Click to easily get started!

61438 Home Insurance Average Premiums

Local 61438 homeowners insurance quotes comparison

$619 /yr.

Shows Zip Code: 61438 lowest rates with discounts applied on average.

For the 61438, 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)
$619 /yr.
Average Coverage:$869 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1169 /yr.

What is the average home insurance cost for a home in 61438?

  • • The average homeowners insurance premium paid annually for a home in 61438 is around $869 per year.

What does it cost on average per month for home insurance in 61438?

  • • Homeowners in 61438 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 61438?

  • • Autoowners in 61438 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 Good Hope area, check out other zip codes nearby 61438.
Review average rates in another zip code:
61438 homeowners insurance rates

Home Replacement Cost Coverage in 61438

Average Building Cost Per Square Foot in 61438: $154

Location: Good Hope, Illinois (Mcdonough County)

Average Square Footage in 61438: 682 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 61438 before you start any project. Good Hope homeowners pay on average around $154 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 61438 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 61438 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 682 sq. ft. and the average cost to rebuild the home in this area is around $154 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 Good Hope 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$154682$105,000
Additional Upgrades & Added Features$193682$131,250
Major Home Updates or Advancements$231682$157,500

It's important to understand that when you estimate your replacement cost of your home in the 61438 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 61438

Best Home & Auto Insurance Agencies in 61438

Housing Demographics for 61438

Population Review for 61438 Zip Code

For the city of Good Hope, the population within 61438 has increased to over 492 residents in population size. The current population total is 709. We have broken down the population based on race below. In 61438, there are over 348 in male population and 361 females.

PopulationValues
Total Population709
White Population671
Black Population0
Hispanic Population11
Asian Population5
Hawaiian Population0
Indian Population2
Other Population2
Male Population348
Female Population361
Population Estimate492

Household Data for 61438

The average number of homes in 61438 is around 311, there are an average of 2.28 per household. The average house value according to local real estate values is around $105,000. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode311
Persons Per Household2.28
Average House Value$105,000
Income Per Household$63333
Median Age44.1
Median Age Male41.2
Median Age Female45.9
61438 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code309
CityGood Hope
City Alias NameGOOD HOPE
CountyMcdonough
County FIPS109
State FIPS17
Time Zone6
Day Light SavingY
MSA
PMSA
CSA
CBSA31380
CBSA_DIV
CBSA_TypeMicro
CBSA_NameMacomb, IL
MSA_Name
PMSA_Name
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses9
Number Of Employees52
Business First Quarter Payroll508
Business Annual Payroll2630
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population32612
CBSA Division Population0
Congressional District15|17
Congressional LandArea14695.67|6933.08
Delivery Residential216
Delivery Business8
Delivery Total329
Preferred Last Line KeyW13140
Classification Code
Multi-County
CSA Name
CBSA_DIV_Name
City State KeyW13140
Land Area40.703000
Water Area0.000000
City Alias Code
City Mixed CaseGood Hope
City Alias Mixed CaseGood Hope
Box Count95
SFDU216
MFDU0
State ANSI17
County ANSI109
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number163198
Unique ZIP Name
SSA State County Code14630
Medicare CBSA Code99914
Medicare CBSA NameRural Areas in IL
Medicare CBSA TypeMicro
Market Rating Area ID7
County Mixed CaseMcdonough

Illinois Homeowners Insurance News & Information

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