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Home Insurance Rates in 46205

For homeowners shopping online in 46205, our insurance rates are very competitive for homeowners living in Indianapolis, IN. Many homeowners based out of the great city of Indianapolis have found it very easy to shop with GetHomeInsuranceQuotes.com. The reason is because we clearly showcase the carriers that we will shop for you. Plus, our home insurance quotes are free and our Indiana licensed agents can provide a free consultation service to you that allows you to ask questions about which rates and coverage options are best suited for you and your family. To get free home insurance quotes in 46205, simply click the "Get Multiple Quotes Now" button. Your 46205 should appear in the zip code field ready to go. We only need some basic home information to start running multiple quotes for you. Indianapolis, IN Home Insurance Rate Quotes are available for you, we easily review and compare multiple coverage and rate options.

46205 Home Insurance Rating is: Medium!

If you live in 46205, you can easily save up to 40% off the average home insurance premium of $746 a year by letting us help you compare the best rate and coverage option for your home. We can compare up to 12 major top rated home insurance companies all at once. We also will do a professional analysis to determine which coverage is best suited to cover the risk that you need. Home insurance in Indianapolis can come in a variety of different packages, it's important to understand which homeowners policy is best. Let us help you compare home insurance rates in 46205 today!

Get Multiple Home Insurance Rates in 46205!

46205 Home Insurance Average Premiums

Local 46205 homeowners insurance quotes comparison

$496 /yr.

Shows Zip Code: 46205 lowest rates with discounts applied on average.

For the 46205, 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)		$496 /yr.
Average Coverage:$746 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1046 /yr.

What is the average home insurance cost for a home in 46205?

  • • The average homeowners insurance premium paid annually for a home in 46205 is around $746 per year.

What does it cost on average per month for home insurance in 46205?

  • • Homeowners in 46205 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 46205?

  • • Autoowners in 46205 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 46205.
Review average rates in another zip code:
46236 homeowners insurance rates
46202 homeowners insurance rates
46224 homeowners insurance rates
46225 homeowners insurance rates
46222 homeowners insurance rates
46278 homeowners insurance rates
46240 homeowners insurance rates
46280 homeowners insurance rates
46260 homeowners insurance rates
46216 homeowners insurance rates

Home Replacement Cost Coverage in 46205

Average Building Cost Per Square Foot in 46205: $108

Location: Indianapolis, Indiana (Marion County)

Average Square Footage in 46205: 1,989 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 46205 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 46205 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 46205 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,989 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$1081,989$214,800
Additional Upgrades & Added Features$1351,989$268,500
Major Home Updates or Advancements$1621,989$322,200

It's important to understand that when you estimate your replacement cost of your home in the 46205 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 46205

Williams & Associates Insurance

Address: 2511 East 46th Street Indianapolis, IN 46205
Phone: (317)549-8994
Website:

Gregory Rucker Agency

Address: 3 E 38th St Indianapolis, IN 46205
Phone: (317)927-0903
Website:

Vivian Bentley Agency

Address: 3 E 38th St Indianapolis, IN 46205
Phone: (317)927-0903
Website:

Best Home & Auto Insurance Agencies in 46205

Vivian Bentley Agency

Address: 3 E 38th St Indianapolis, IN 46205
Phone:
Website:
Info:

Williams & Associates Insurance

Address: 2511 E 46th St Indianapolis, IN 46205
Phone:
Website:
Info:

Housing Demographics for 46205

Population Review for 46205 Zip Code

For the city of Indianapolis, the population within 46205 has increased to over 28,794 residents in population size. The current population total is 27,531. We have broken down the population based on race below. In 46205, there are over 13271 in male population and 14260 females.

PopulationValues
Total Population27,531
White Population13083
Black Population11207
Hispanic Population1738
Asian Population343
Hawaiian Population5
Indian Population64
Other Population858
Male Population13271
Female Population14260
Population Estimate28794

Household Data for 46205

The average number of homes in 46205 is around 12,500, there are an average of 2.19 per household. The average house value according to local real estate values is around $214,800. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode12,500
Persons Per Household2.19
Average House Value$214,800
Income Per Household$56563
Median Age33.8
Median Age Male33.2
Median Age Female34.3
46205 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 Businesses568
Number Of Employees6407
Business First Quarter Payroll68581
Business Annual Payroll324718
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 District07
Congressional LandArea303.84
Delivery Residential13148
Delivery Business657
Delivery Total14800
Preferred Last Line KeyX12558
Classification Code
Multi-County
CSA NameIndianapolis-Carmel-Muncie, IN
CBSA_DIV_Name
City State KeyX12558
Land Area6.242000
Water Area0.039000
City Alias Code
City Mixed CaseIndianapolis
City Alias Mixed CaseIndianapolis
Box Count115
SFDU9897
MFDU2155
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

  • 2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024

    According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges.  Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]

  • What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024

    A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly.  The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]

  • $4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024

    According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]