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47016 Home Insurance Quotes, Rates & Coverage

Are you looking for the right homeowners insurance policy at an affordable price for your home in 47016? There are over 296 occupied homes in the 47016 area. With a population size of 742, it's not uncommon for residence of Cedar Grove, IN to want to find cheaper home insurance rates online. The average premium for a standard HO-3 home insurance policy for homeowners living in Indiana is around $745 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 47016 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: Cedar Grove, IN Home Insurance Rate Quotes

47016 Home Insurance Average Premiums

Local 47016 homeowners insurance quotes comparison

$495 /yr.

Shows Zip Code: 47016 lowest rates with discounts applied on average.

For the 47016, 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)		$495 /yr.
Average Coverage:$745 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1045 /yr.

What is the average home insurance cost for a home in 47016?

  • • The average homeowners insurance premium paid annually for a home in 47016 is around $745 per year.

What does it cost on average per month for home insurance in 47016?

  • • Homeowners in 47016 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 47016?

  • • Autoowners in 47016 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 Cedar Grove area, check out other zip codes nearby 47016.
Review average rates in another zip code:
47016 homeowners insurance rates

Home Replacement Cost Coverage in 47016

Average Building Cost Per Square Foot in 47016: $108

Location: Cedar Grove, Indiana (Franklin County)

Average Square Footage in 47016: 1,656 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 47016 before you start any project. Cedar Grove 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 47016 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 47016 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,656 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 Cedar 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$1081,656$178,900
Additional Upgrades & Added Features$1351,656$223,625
Major Home Updates or Advancements$1621,656$268,350

It's important to understand that when you estimate your replacement cost of your home in the 47016 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 47016

Best Home & Auto Insurance Agencies in 47016

Housing Demographics for 47016

Population Review for 47016 Zip Code

For the city of Cedar Grove, the population within 47016 has increased to over 848 residents in population size. The current population total is 742. We have broken down the population based on race below. In 47016, there are over 367 in male population and 375 females.

PopulationValues
Total Population742
White Population715
Black Population1
Hispanic Population11
Asian Population0
Hawaiian Population0
Indian Population1
Other Population7
Male Population367
Female Population375
Population Estimate848

Household Data for 47016

The average number of homes in 47016 is around 296, there are an average of 2.51 per household. The average house value according to local real estate values is around $178,900. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode296
Persons Per Household2.51
Average House Value$178,900
Income Per Household$58097
Median Age48.5
Median Age Male48.4
Median Age Female48.6
47016 DetailsValues
StateIN
State Full NameIndiana
City TypeP
City Alias Abbreviation
Area Code812
CityCedar Grove
City Alias NameCEDAR GROVE
CountyFranklin
County FIPS047
State FIPS18
Time Zone5
Day Light SavingY
MSA
PMSA
CSA178
CBSA17140
CBSA_DIV
CBSA_TypeMetro
CBSA_NameCincinnati, OH-KY-IN
MSA_Name
PMSA_Name
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses14
Number Of Employees20
Business First Quarter Payroll235
Business Annual Payroll1489
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population2130151
CBSA Division Population0
Congressional District09
Congressional LandArea4486.77
Delivery Residential338
Delivery Business3
Delivery Total650
Preferred Last Line KeyX11805
Classification Code
Multi-County
CSA NameCincinnati-Wilmington, OH-KY-IN
CBSA_DIV_Name
City State KeyX11805
Land Area19.015000
Water Area0.170000
City Alias Code
City Mixed CaseCedar Grove
City Alias Mixed CaseCedar Grove
Box Count64
SFDU338
MFDU0
State ANSI18
County ANSI047
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number171364
Unique ZIP Name
SSA State County Code15230
Medicare CBSA Code17140
Medicare CBSA NameCincinnati, OH-KY-IN
Medicare CBSA TypeMetro
Market Rating Area ID14
County Mixed CaseFranklin

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