Get multiple home insurance quotes in 47562. Our licensed 47562, IN agents are ready to serve you.

Check Out 47562 Home Insurance Rates

Shopping for homeowners insurance is never fun but at GetHomeInsuranceQuotes.com we make the process much easier. We will provide you with multiple quotes and coverage options for your home in Odon, IN.

We will gather some basic information about your home in Odon, IN and will then get to work and gather quotes from up to 12 nationwide home insurers who will provide their most competitive prices for your policy needs.

Our service is always free and we have a team of Indiana licensed home insurance professionals who can walk you through your policy options as well as answer any questions you may have about rates or coverage levels. In addition they will do a discount review to make sure you are getting all of the discounts that you are entitled to receive.

If you are ready to start researching homeowner insurance rates in 47562 simply click the "Get Multiple Quotes Now" button.

Research Home Insurance Quotes in 47562

We have pulled together a variety of data related to homeowners insurance in Indiana. Simply click on one of the links below to learn about the average cost of homeowners insurance in Indiana as well as local coverage options.

You can easily compare rates for your home in ZIP starting an online quoting application to "get quotes". Or search additional Odon, IN home insurance quotes in your local city and review the most competitive coverages and premiums.

47562 Homeowners Insurance Rates, Average Rating: medium!

Homeowners insurance policies in 47562 include both property and casualty coverage which protects your home from a variety of risks which include but are not limited to fire, theft, vandalism, and wind damage. A standard homeowner policy also includes liability protection, which can come in handy if someone is injured on your property.

Unfortunately, flood and earthquake damage is not covered by a standard homeowners insurance policy so if you are located in a flood plain or high risk area, you will need a separate flood policy.

Regardless of what type of homeowners insurance you need, we can help you find a great policy at an affordable price. Data shows that for a standard homeowner policy in Indiana is roughly $735. In most cases, we can help you save up to 40 percent on your homeowner insurance costs.

Get started right now saving on your 47562 homeowners insurance policy!

47562 Home Insurance Average Premiums

Local 47562 homeowners insurance quotes comparison

$485 /yr.

Shows Zip Code: 47562 lowest rates with discounts applied on average.

For the 47562, 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)
$485 /yr.
Average Coverage:$735 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1035 /yr.

What is the average home insurance cost for a home in 47562?

  • • The average homeowners insurance premium paid annually for a home in 47562 is around $735 per year.

What does it cost on average per month for home insurance in 47562?

  • • Homeowners in 47562 pay a monthly average cost per month around $61.00.

What kind of discount could I get if I combine my home and auto insurance together in 47562?

  • • Autoowners in 47562 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 Odon area, check out other zip codes nearby 47562.
Review average rates in another zip code:
47562 homeowners insurance rates

Home Replacement Cost Coverage in 47562

Average Building Cost Per Square Foot in 47562: $108

Location: Odon, Indiana (Daviess County)

Average Square Footage in 47562: 1,632 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 47562 before you start any project. Odon 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 47562 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 47562 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,632 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 Odon 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$1081,632$176,300
Additional Upgrades & Added Features$1351,632$220,375
Major Home Updates or Advancements$1621,632$264,450

It's important to understand that when you estimate your replacement cost of your home in the 47562 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 47562

Best Home & Auto Insurance Agencies in 47562

Housing Demographics for 47562

Population Review for 47562 Zip Code

For the city of Odon, the population within 47562 has increased to over 5,212 residents in population size. The current population total is 4,994. We have broken down the population based on race below. In 47562, there are over 2529 in male population and 2465 females.

PopulationValues
Total Population4,994
White Population4865
Black Population9
Hispanic Population39
Asian Population13
Hawaiian Population2
Indian Population15
Other Population16
Male Population2529
Female Population2465
Population Estimate5212

Household Data for 47562

The average number of homes in 47562 is around 1,674, there are an average of 2.95 per household. The average house value according to local real estate values is around $176,300. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode1,674
Persons Per Household2.95
Average House Value$176,300
Income Per Household$65587
Median Age32.2
Median Age Male30.7
Median Age Female33.3
47562 DetailsValues
StateIN
State Full NameIndiana
City TypeP
City Alias Abbreviation
Area Code812/930
CityOdon
City Alias NameODON
CountyDaviess
County FIPS027
State FIPS18
Time Zone5
Day Light SavingY
MSA
PMSA
CSA
CBSA47780
CBSA_DIV
CBSA_TypeMicro
CBSA_NameWashington, IN
MSA_Name
PMSA_Name
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses164
Number Of Employees1749
Business First Quarter Payroll16487
Business Annual Payroll75735
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population31648
CBSA Division Population0
Congressional District08
Congressional LandArea7255.39
Delivery Residential1767
Delivery Business115
Delivery Total1927
Preferred Last Line KeyX13189
Classification Code
Multi-CountyY
CSA Name
CBSA_DIV_Name
City State KeyX13189
Land Area65.791000
Water Area0.488000
City Alias Code
City Mixed CaseOdon
City Alias Mixed CaseOdon
Box Count29
SFDU1656
MFDU111
State ANSI18
County ANSI027
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number176512
Unique ZIP Name
SSA State County Code15130
Medicare CBSA Code99915
Medicare CBSA NameRural Areas in IN
Medicare CBSA TypeMicro
Market Rating Area ID15
County Mixed CaseDaviess

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 […]