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47853 Home Insurance Quotes, Rates & Coverage

Are you looking for the right homeowners insurance policy at an affordable price for your home in 47853? There are over 66 occupied homes in the 47853 area. With a population size of 184, it's not uncommon for residence of Harmony, 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 $732 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 47853 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: Harmony, IN Home Insurance Rate Quotes

47853 Home Insurance Average Premiums

Local 47853 homeowners insurance quotes comparison

$482 /yr.

Shows Zip Code: 47853 lowest rates with discounts applied on average.

For the 47853, 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)		$482 /yr.
Average Coverage:$732 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1032 /yr.

What is the average home insurance cost for a home in 47853?

  • • The average homeowners insurance premium paid annually for a home in 47853 is around $732 per year.

What does it cost on average per month for home insurance in 47853?

  • • Homeowners in 47853 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 47853?

  • • Autoowners in 47853 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 Harmony area, check out other zip codes nearby 47853.
Review average rates in another zip code:
47853 homeowners insurance rates

Home Replacement Cost Coverage in 47853

Average Building Cost Per Square Foot in 47853: $108

Location: Harmony, Indiana (Clay County)

Average Square Footage in 47853: 976 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 47853 before you start any project. Harmony 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 47853 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 47853 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 976 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 Harmony 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$108976$105,400
Additional Upgrades & Added Features$135976$131,750
Major Home Updates or Advancements$162976$158,100

It's important to understand that when you estimate your replacement cost of your home in the 47853 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 47853

Best Home & Auto Insurance Agencies in 47853

Housing Demographics for 47853

Population Review for 47853 Zip Code

For the city of Harmony, the population within 47853 has increased to over 0 residents in population size. The current population total is 184. We have broken down the population based on race below. In 47853, there are over 89 in male population and 95 females.

PopulationValues
Total Population184
White Population167
Black Population2
Hispanic Population9
Asian Population3
Hawaiian Population0
Indian Population0
Other Population2
Male Population89
Female Population95
Population Estimate0

Household Data for 47853

The average number of homes in 47853 is around 66, there are an average of 2.79 per household. The average house value according to local real estate values is around $105,400. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode66
Persons Per Household2.79
Average House Value$105,400
Income Per Household$72500
Median Age40.3
Median Age Male40.2
Median Age Female40.5
47853 DetailsValues
StateIN
State Full NameIndiana
City TypeZ
City Alias Abbreviation
Area Code812/930
CityHarmony
City Alias NameHARMONY
CountyClay
County FIPS021
State FIPS18
Time Zone5
Day Light SavingY
MSA8320
PMSA
CSA
CBSA45460
CBSA_DIV
CBSA_TypeMetro
CBSA_NameTerre Haute, IN
MSA_NameTerre Haute, IN MSA
PMSA_Name
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses4
Number Of Employees11
Business First Quarter Payroll33
Business Annual Payroll151
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population172425
CBSA Division Population0
Congressional District08
Congressional LandArea7255.39
Delivery Residential0
Delivery Business0
Delivery Total155
Preferred Last Line KeyX12409
Classification CodeP
Multi-County
CSA Name
CBSA_DIV_Name
City State KeyX12409
Land Area0.058000
Water Area0.000000
City Alias Code
City Mixed CaseHarmony
City Alias Mixed CaseHarmony
Box Count146
SFDU0
MFDU0
State ANSI18
County ANSI021
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number173641
Unique ZIP Name
SSA State County Code15100
Medicare CBSA Code45460
Medicare CBSA NameTerre Haute, IN
Medicare CBSA TypeMetro
Market Rating Area ID9
County Mixed CaseClay

Indiana Homeowners Insurance News & Information

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    Housing costs are currently sky-high, regardless of whether you are renting or in the market to buy a home. According to the latest data from the U.S Cenus, the median sales price for a single-family home was $437,300, which is up from $426,800 a month prior. On the rental front, the median price for rent […]

  • Do homeowners insurance policies have loopholes? Posted on Monday 30th December, 2024

    Homeowners insurance is a necessity to help protect your home, but there can be coverage gaps that you may not be aware of which can leave you unprotected. Flood and earthquake damage along with mold and other issues are excluded from most standard homeowners insurance policies.  Here are some common exclusions that could leave you […]

  • 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 […]