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61870 Homeowners Insurance Quotes & Coverage Options

For homeowners like you shopping online for home insurance quotes in the 61870 zip code it's important to know that our rates are very competitive for homeowners living in Ridge Farm, IL. Many homeowners based out of your 61870 area have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the carriers that we will shop for you. Plus, our home insurance quotes are free and our Illinois licensed agents can provide a free consultation service to you that allows you to ask questions about the rates and coverage options. To start a free home insurance quote, simply click the "Get Multiple Quotes Now" button. Your 61870 should appear in the zip code field ready to go. For Ridge Farm, IL Homeowners Insurance Quotes nearby, we offer the best rates and service.

61870: Average Home Insurance Rates

For homeowners living in the great city of Ridge Farm, the average homeowners policy is considered medium in comparison to other states. Illinois premiums are estimated to be around $859 per year for homeowners insurance rates. You can easily save up to 40% or more, let us help you shop multiple home insurance quotes for free.

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61870 Home Insurance Average Premiums

Local 61870 homeowners insurance quotes comparison

$609 /yr.

Shows Zip Code: 61870 lowest rates with discounts applied on average.

For the 61870, 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)		$609 /yr.
Average Coverage:$859 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1159 /yr.

What is the average home insurance cost for a home in 61870?

  • • The average homeowners insurance premium paid annually for a home in 61870 is around $859 per year.

What does it cost on average per month for home insurance in 61870?

  • • Homeowners in 61870 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 61870?

  • • Autoowners in 61870 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 Ridge Farm area, check out other zip codes nearby 61870.
Review average rates in another zip code:
61870 homeowners insurance rates

Home Replacement Cost Coverage in 61870

Average Building Cost Per Square Foot in 61870: $154

Location: Ridge Farm, Illinois (Vermilion County)

Average Square Footage in 61870: 498 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 61870 before you start any project. Ridge Farm 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 61870 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 61870 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 498 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 Ridge Farm 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$154498$76,700
Additional Upgrades & Added Features$193498$95,875
Major Home Updates or Advancements$231498$115,050

It's important to understand that when you estimate your replacement cost of your home in the 61870 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 61870

Best Home & Auto Insurance Agencies in 61870

Housing Demographics for 61870

Population Review for 61870 Zip Code

For the city of Ridge Farm, the population within 61870 has increased to over 894 residents in population size. The current population total is 1,186. We have broken down the population based on race below. In 61870, there are over 634 in male population and 552 females.

PopulationValues
Total Population1,186
White Population1118
Black Population7
Hispanic Population20
Asian Population1
Hawaiian Population3
Indian Population3
Other Population3
Male Population634
Female Population552
Population Estimate894

Household Data for 61870

The average number of homes in 61870 is around 503, there are an average of 2.36 per household. The average house value according to local real estate values is around $76,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode503
Persons Per Household2.36
Average House Value$76,700
Income Per Household$46250
Median Age44.2
Median Age Male43.0
Median Age Female45.2
61870 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias Abbreviation
Area Code217/447
CityRidge Farm
City Alias NameRIDGE FARM
CountyVermilion
County FIPS183
State FIPS17
Time Zone6
Day Light SavingY
MSA
PMSA
CSA169
CBSA19180
CBSA_DIV
CBSA_TypeMicro
CBSA_NameDanville, IL
MSA_Name
PMSA_Name
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses14
Number Of Employees55
Business First Quarter Payroll391
Business Annual Payroll1610
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population81625
CBSA Division Population0
Congressional District15
Congressional LandArea14695.67
Delivery Residential379
Delivery Business7
Delivery Total2165
Preferred Last Line KeyW14607
Classification Code
Multi-CountyY
CSA NameChampaign-Urbana-Danville, IL
CBSA_DIV_Name
City State KeyW14607
Land Area40.734000
Water Area0.000000
City Alias Code
City Mixed CaseRidge Farm
City Alias Mixed CaseRidge Farm
Box Count148
SFDU379
MFDU0
State ANSI17
County ANSI183
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number166636
Unique ZIP Name
SSA State County Code14982
Medicare CBSA Code19180
Medicare CBSA NameDanville, IL
Medicare CBSA TypeMicro
Market Rating Area ID9
County Mixed CaseVermilion

Illinois Homeowners Insurance News & Information

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