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62262 Home Insurance Quotes, Rates & Coverage

Are you looking for the right homeowners insurance policy at an affordable price for your home in 62262? There are over 687 occupied homes in the 62262 area. With a population size of 1,541, it's not uncommon for residence of Mulberry Grove, IL to want to find cheaper home insurance rates online. The average premium for a standard HO-3 home insurance policy for homeowners living in Illinois is around $858 per year. At GetHomeInsuranceQuotes.com, we help you easily compare up to 12 home insurance rates from the top rated insurance companies. We also help you save money by applying all the home insurance credits and discounts available helping you save up to 40% or more on your next homeowners policy. Enter your 62262 zip code today to compare multiple rates and coverage options for your existing policy or a new home purchase.

For additional information about average home insurance rates, premiums or home insurance types, please review your city information: Mulberry Grove, IL Home Insurance Rate Quotes

62262 Home Insurance Average Premiums

Local 62262 homeowners insurance quotes comparison

$608 /yr.

Shows Zip Code: 62262 lowest rates with discounts applied on average.

For the 62262, 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)		$608 /yr.
Average Coverage:$858 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1158 /yr.

What is the average home insurance cost for a home in 62262?

  • • The average homeowners insurance premium paid annually for a home in 62262 is around $858 per year.

What does it cost on average per month for home insurance in 62262?

  • • Homeowners in 62262 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 62262?

  • • Autoowners in 62262 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 Mulberry Grove area, check out other zip codes nearby 62262.
Review average rates in another zip code:
62262 homeowners insurance rates

Home Replacement Cost Coverage in 62262

Average Building Cost Per Square Foot in 62262: $154

Location: Mulberry Grove, Illinois (Bond County)

Average Square Footage in 62262: 636 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 62262 before you start any project. Mulberry Grove 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 62262 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 62262 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 636 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 Mulberry Grove 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$154636$97,900
Additional Upgrades & Added Features$193636$122,375
Major Home Updates or Advancements$231636$146,850

It's important to understand that when you estimate your replacement cost of your home in the 62262 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 62262

Best Home & Auto Insurance Agencies in 62262

Housing Demographics for 62262

Population Review for 62262 Zip Code

For the city of Mulberry Grove, the population within 62262 has increased to over 1,576 residents in population size. The current population total is 1,541. We have broken down the population based on race below. In 62262, there are over 790 in male population and 751 females.

PopulationValues
Total Population1,541
White Population1426
Black Population48
Hispanic Population17
Asian Population2
Hawaiian Population0
Indian Population3
Other Population4
Male Population790
Female Population751
Population Estimate1576

Household Data for 62262

The average number of homes in 62262 is around 687, there are an average of 2.24 per household. The average house value according to local real estate values is around $97,900. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode687
Persons Per Household2.24
Average House Value$97,900
Income Per Household$46875
Median Age45.7
Median Age Male44.3
Median Age Female47.1
62262 DetailsValues
StateIL
State Full NameIllinois
City TypeP
City Alias AbbreviationMULBERRY GRV
Area Code618
CityMulberry Grove
City Alias NameMULBERRY GROVE
CountyBond
County FIPS005
State FIPS17
Time Zone6
Day Light SavingY
MSA
PMSA
CSA476
CBSA41180
CBSA_DIV
CBSA_TypeMetro
CBSA_NameSt. Louis, MO-IL
MSA_Name
PMSA_Name
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses29
Number Of Employees221
Business First Quarter Payroll1379
Business Annual Payroll7491
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population2812896
CBSA Division Population0
Congressional District15
Congressional LandArea14695.67
Delivery Residential704
Delivery Business28
Delivery Total786
Preferred Last Line KeyW14067
Classification Code
Multi-CountyY
CSA NameSt. Louis-St. Charles-Farmington, MO-IL
CBSA_DIV_Name
City State KeyW14067
Land Area66.809000
Water Area0.025000
City Alias Code
City Mixed CaseMulberry Grove
City Alias Mixed CaseMulberry Grove
Box Count38
SFDU692
MFDU0
State ANSI17
County ANSI005
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number165430
Unique ZIP Name
SSA State County Code14020
Medicare CBSA Code41180
Medicare CBSA NameSt. Louis, MO-IL
Medicare CBSA TypeMetro
Market Rating Area ID11
County Mixed CaseBond

Illinois Homeowners Insurance News & Information

  • North Carolina Homeowners’ Insurance Premiums May See a 15% Increase Posted on Thursday 23rd January, 2025

    The base rate for North Carolina homeowners insurance will be headed up by an average of 15% by the middle of 2026. The rate increases are part of a settlement that was reached with the insurance industry by the North Carolina Insurance Department. The state Insurance Commissioner Mike Causey recently announced the rate increase agreement […]

  • 2025 Florida Home Insurance Rates Could Increase Posted on Tuesday 14th January, 2025

    While many state legislators, industry leaders and insurance regulators have been claiming that the insurance market in Florida has stabilized, it looks like premiums may be headed up again in the near future.  According to an analysis by the South Florida Sun Sentinel, the average statewide premium, being paid for an all-perils single-family home policy […]

  • Economists Top 5 Housing Predictions for 2025 Posted on Monday 6th January, 2025

    Housing costs are currently sky-high, regardless of whether you are renting or in the market to buy a home. According to the latest data from the U.S Cenus, the median sales price for a single-family home was $437,300, which is up from $426,800 a month prior. On the rental front, the median price for rent […]