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Home Insurance in 46203

Our rates are very competitive for homeowners living in the 46203 zip code. Many homeowners based out of Indianapolis, IN 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 IN 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 46203 should appear in the zip code field ready to go.

46203 Average Home Insurance Rates

Are you looking for a standard HO-3 homeowners policy for your single family home in the Indianapolis area? The average homeowners premium in 46203 is medium in comparison to other states. For example, the national average is $1,249 per year for home insurance coverage for a basic home insurance policy. For homeowners living in the 46203, you can expect to pay around $740 per year for homeowners coverage. If you want to see which company has the best rates and coverage options, than easily compare rates with us. You can review each premium and we can help explain any question that you may have about different types of coverages and what is best for you and your family.

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Get Home Insurance Quotes in 46203

We can shop up to 12 home insurance quotes for you easily online. You can find out more by exploring one of the three links below to review average homeowners insurance rates in the great state of Indiana. Start your 46203 home insurance shopping today!

  1. Indianapolis, IN Home Insurance Quotes

46203 Home Insurance Average Premiums

Local 46203 homeowners insurance quotes comparison

$490 /yr.

Shows Zip Code: 46203 lowest rates with discounts applied on average.

For the 46203, 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)
$490 /yr.
Average Coverage:$740 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1040 /yr.

What is the average home insurance cost for a home in 46203?

  • • The average homeowners insurance premium paid annually for a home in 46203 is around $740 per year.

What does it cost on average per month for home insurance in 46203?

  • • Homeowners in 46203 pay a monthly average cost per month around $62.00.

What kind of discount could I get if I combine my home and auto insurance together in 46203?

  • • Autoowners in 46203 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 Indianapolis area, check out other zip codes nearby 46203.
Review average rates in another zip code:
46229 homeowners insurance rates
46201 homeowners insurance rates
46217 homeowners insurance rates
46235 homeowners insurance rates
46214 homeowners insurance rates
46234 homeowners insurance rates
46280 homeowners insurance rates
46228 homeowners insurance rates
46202 homeowners insurance rates
46236 homeowners insurance rates

Home Replacement Cost Coverage in 46203

Average Building Cost Per Square Foot in 46203: $108

Location: Indianapolis, Indiana (Marion County)

Average Square Footage in 46203: 987 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 46203 before you start any project. Indianapolis homeowners pay on average around $108 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 46203 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 46203 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 987 sq. ft. and the average cost to rebuild the home in this area is around $108 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 Indianapolis 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$108987$106,600
Additional Upgrades & Added Features$135987$133,250
Major Home Updates or Advancements$162987$159,900

It's important to understand that when you estimate your replacement cost of your home in the 46203 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 46203

Farmers Insurance Ingle Harris

Address: 4810 South Emerson Ave Suite A Indianapolis, IN 46203
Phone: (317)782-2886
Website:

Gagen's House of Insurance

Address: 1245 East Troy Avenue Indianapolis, IN 46203
Phone: (317)784-4401
Website:

Auto-Insurance Services

Address: 1245 East Troy Avenue Indianapolis, IN 46203
Phone: (317)784-4401
Website:

Best Home & Auto Insurance Agencies in 46203

Farmers Insurance Ingle Harris

Address: 4810 S Emerson Ave Indianapolis, IN 46203
Phone:
Website:
Info:

State Farm Insurance Companies

Address: 2017 Shelby St Indianapolis, IN 46203
Phone:
Website:
Info:

Zachary Breneman-Farmers Insurance

Address: 4810 S Emerson Ave, Ste A Indianapolis, IN 46203
Phone:
Website: http://www.farmers.com/
Info:

ACE Cash Express

Address: 2143 Prospect St Indianapolis, IN 46203
Phone:
Website: http://www.acecashexpress.com/
Info:

A-1 Insurance Agency

Address: 4030 S Emerson Ave Indianapolis, IN 46203
Phone:
Website: http://www.a1ins.com
Info:

Housing Demographics for 46203

Population Review for 46203 Zip Code

For the city of Indianapolis, the population within 46203 has increased to over 40,122 residents in population size. The current population total is 38,224. We have broken down the population based on race below. In 46203, there are over 19120 in male population and 19104 females.

PopulationValues
Total Population38,224
White Population26035
Black Population5077
Hispanic Population5605
Asian Population385
Hawaiian Population11
Indian Population247
Other Population3245
Male Population19120
Female Population19104
Population Estimate40122

Household Data for 46203

The average number of homes in 46203 is around 15,435, there are an average of 2.46 per household. The average house value according to local real estate values is around $106,600. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode15,435
Persons Per Household2.46
Average House Value$106,600
Income Per Household$44356
Median Age33.6
Median Age Male33.7
Median Age Female33.6
46203 DetailsValues
StateIN
State Full NameIndiana
City TypeP
City Alias Abbreviation
Area Code317
CityIndianapolis
City Alias NameINDIANAPOLIS
CountyMarion
County FIPS097
State FIPS18
Time Zone5
Day Light SavingY
MSA3480
PMSA
CSA294
CBSA26900
CBSA_DIV
CBSA_TypeMetro
CBSA_NameIndianapolis-Carmel-Greenwood, IN
MSA_NameIndianapolis, IN MSA
PMSA_Name
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses865
Number Of Employees13811
Business First Quarter Payroll168490
Business Annual Payroll740803
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population1756241
CBSA Division Population0
Congressional District06|07
Congressional LandArea6206.83|303.84
Delivery Residential16310
Delivery Business1104
Delivery Total18804
Preferred Last Line KeyX12558
Classification Code
Multi-County
CSA NameIndianapolis-Carmel-Muncie, IN
CBSA_DIV_Name
City State KeyX12558
Land Area13.939000
Water Area0.000000
City Alias Code
City Mixed CaseIndianapolis
City Alias Mixed CaseIndianapolis
Box Count149
SFDU14090
MFDU965
State ANSI18
County ANSI097
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number174037
Unique ZIP Name
SSA State County Code15480
Medicare CBSA Code26900
Medicare CBSA NameIndianapolis-Carmel-Anderson, IN
Medicare CBSA TypeMetro
Market Rating Area ID10
County Mixed CaseMarion

Indiana Homeowners Insurance News & Information

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