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If you live in the 46540 zip code, we can help you find a better homeowners insurance policy at a lower price. Homeowners within the city of Middlebury have saved hundreds of dollars on their annual premium when using GetHomeInsuranceQuotes.com.
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46540 Average Homeowners Insurance Rates
If you are shopping for a HO-3 policy, which is considered the standard when it comes to homeowners insurance, we can help. In 46540 the average premium for homeowners coverage is $744 which compares very well to the national average of $1,249.
Our site makes it easy for you to find the insurer that offers the best coverage at the best rate in 46540. We are happy to answer any questions you may have and explain the different type of coverage while helping you determine what coverage levels are best for your family.
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We can help you find up to 12 homeowners insurance quotes quickly and from the comfort of your own home. In addition, we can do a discount review to make sure you are getting all available discounts on your policy.
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46540 Home Insurance Average Premiums
$494 /yr.
Shows Zip Code: 46540 lowest rates with discounts applied on average.
For the 46540, 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) | $494 /yr. |
| Average Coverage: | $744 /yr. |
| 2600 sq. ft. or higher (all discounts applied) | $1044 /yr. |
What is the average home insurance cost for a home in 46540?
- • The average homeowners insurance premium paid annually for a home in 46540 is around $744 per year.
What does it cost on average per month for home insurance in 46540?
- • Homeowners in 46540 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 46540?
- • Autoowners in 46540 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 Middlebury area, check out other zip codes nearby 46540.
Review average rates in another zip code:
46540 homeowners insurance rates
Home Replacement Cost Coverage in 46540
Average Building Cost Per Square Foot in 46540: $108
Location: Middlebury, Indiana (Elkhart County)Average Square Footage in 46540: 2,481 Sq. Ft.
When building or updating a home, it's always good to review the average cost per square foot to build in 46540 before you start any project. Middlebury 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 46540 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 46540 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,481 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 Middlebury 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 Status | Price per Sq. Ft. | Square Feet | Dwelling Coverage |
|---|---|---|---|
| Basic Home Features | $108 | 2,481 | $268,000 |
| Additional Upgrades & Added Features | $135 | 2,481 | $335,000 |
| Major Home Updates or Advancements | $162 | 2,481 | $402,000 |
It's important to understand that when you estimate your replacement cost of your home in the 46540 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 46540
Best Home & Auto Insurance Agencies in 46540
Brown- Benjamin J
Address: 422 S Main St Middlebury, IN 46540Phone:
Website: http://www.statefarm.com
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Housing Demographics for 46540
Population Review for 46540 Zip Code
For the city of Middlebury, the population within 46540 has increased to over 12,835 residents in population size. The current population total is 12,552. We have broken down the population based on race below. In 46540, there are over 6332 in male population and 6220 females.
| Population | Values |
|---|---|
| Total Population | 12,552 |
| White Population | 11788 |
| Black Population | 51 |
| Hispanic Population | 365 |
| Asian Population | 76 |
| Hawaiian Population | 7 |
| Indian Population | 24 |
| Other Population | 155 |
| Male Population | 6332 |
| Female Population | 6220 |
| Population Estimate | 12835 |
Household Data for 46540
The average number of homes in 46540 is around 4,086, there are an average of 3.07 per household. The average house value according to local real estate values is around $268,000. Please review the following demographics below for average income and media age.
| Housing / Income Data | Values |
|---|---|
| Households Per Zipcode | 4,086 |
| Persons Per Household | 3.07 |
| Average House Value | $268,000 |
| Income Per Household | $92011 |
| Median Age | 32.6 |
| Median Age Male | 31.1 |
| Median Age Female | 34.2 |
| 46540 Details | Values |
|---|---|
| State | IN |
| State Full Name | Indiana |
| City Type | P |
| City Alias Abbreviation | |
| Area Code | 574 |
| City | Middlebury |
| City Alias Name | MIDDLEBURY |
| County | Elkhart |
| County FIPS | 039 |
| State FIPS | 18 |
| Time Zone | 5 |
| Day Light Saving | Y |
| MSA | 2330 |
| PMSA | |
| CSA | 515 |
| CBSA | 21140 |
| CBSA_DIV | |
| CBSA_Type | Metro |
| CBSA_Name | Elkhart-Goshen, IN |
| MSA_Name | Elkhart-Goshen, IN MSA |
| PMSA_Name | |
| Region | Midwest |
| Division | East North Central |
| MailingName | Y |
| Economic & Growth Review | Values |
|---|---|
| Number Of Businesses | 408 |
| Number Of Employees | 15489 |
| Business First Quarter Payroll | 261138 |
| Business Annual Payroll | 1126060 |
| Business Employment Flag | |
| Growth Rank | 0 |
| Growth Housing Units 2003 | |
| Growth Housing Units 2004 | |
| Growth Increase Number | 0 |
| Growth Increase Percentage | 0.0 |
| Metropolitan Details | Values |
|---|---|
| CBSA Population | 197559 |
| CBSA Division Population | 0 |
| Congressional District | 02|03 |
| Congressional LandArea | 3958.58|4180.37 |
| Delivery Residential | 4181 |
| Delivery Business | 257 |
| Delivery Total | 4936 |
| Preferred Last Line Key | X12937 |
| Classification Code | |
| Multi-County | Y |
| CSA Name | South Bend-Elkhart-Mishawaka, IN-MI |
| CBSA_DIV_Name | |
| City State Key | X12937 |
| Land Area | 59.384000 |
| Water Area | 0.517000 |
| City Alias Code | |
| City Mixed Case | Middlebury |
| City Alias Mixed Case | Middlebury |
| Box Count | 338 |
| SFDU | 3945 |
| MFDU | 39 |
| State ANSI | 18 |
| County ANSI | 039 |
| ZIP Intro | |
| Alias Intro | |
| Facility Code | P |
| City Delivery Indicator | N |
| Carrier Route Rate Sortation | D |
| Finance Number | 175412 |
| Unique ZIP Name | |
| SSA State County Code | 15190 |
| Medicare CBSA Code | 21140 |
| Medicare CBSA Name | Elkhart-Goshen, IN |
| Medicare CBSA Type | Metro |
| Market Rating Area ID | 2 |
| County Mixed Case | Elkhart |
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