Get multiple home insurance quotes in 40059. Our licensed 40059, KY agents are ready to serve you.

40059 Home Insurance Rates

For homeowners living in 40059, the population estimates are increasing to well over 20,254 with 7,645 occupied homes within the zip code of 40059. Homeowners like you are dicovering up to 40% or more in savings when they shop their new home insurance policy online. At GetHomeInsuranceQuotes.com, we provide homeowners a free shopping service that allows you to easily compare up to 12 competitive quotes for free. Home insurance premiums in Prospect have increased and the average home insurance premium is around $892 per year in 40059. With our online quoting services and hassle free consultation, we can help you apply all the available discounts you need, plus review the best coverage and carrier option for you. Enter your 40059 zip code today so we can help you find affordable Prospect, KY home insurance premiums.

Compare Multiple Homeowners Insurance Rates in 40059

Please select one of the three options below based on your 40059 zip code to learn more about Kentucky homeowners insurance, plus review average rates and information per state, county or city.

  1. Kentucky Homeowners Insurance Quotes
  2. Jefferson County, KY Home Insurance
  3. Prospect, KY Home Insurance Quotes

40059 Average Home Insurance Rating Cost is: Medium!

Getting cheaper homeowners insurance in the 40059 zip code just got easier with GetHomeInsuranceQuotes.com of Prospect, KY. A homeowners policy consists of a combined property and casualty coverage for your home. To insure your home for a variety of risks like fire, theft, windstorm damage or liability accidents, it's important to get the right home insurance coverage. A standard HO-3 homeowners policy will help you get the basic coverage you need. Their are multiple home insurance types and we can help you get the savings you are looking for you in your insurance cost, plus the enhanced coverage you need so you have the protection when you need it most. Shop your home in 40059 today and let us help you review the best home insurance quotes available for homeowners living in Prospect.

Get 40059 Homeowners Insurance Rates Now!

40059 Home Insurance Average Premiums

Local 40059 homeowners insurance quotes comparison

$642 /yr.

Shows Zip Code: 40059 lowest rates with discounts applied on average.

For the 40059, 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)
$642 /yr.
Average Coverage:$892 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1192 /yr.

What is the average home insurance cost for a home in 40059?

  • • The average homeowners insurance premium paid annually for a home in 40059 is around $892 per year.

What does it cost on average per month for home insurance in 40059?

  • • Homeowners in 40059 pay a monthly average cost per month around $74.00.

What kind of discount could I get if I combine my home and auto insurance together in 40059?

  • • Autoowners in 40059 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 Prospect area, check out other zip codes nearby 40059.
Review average rates in another zip code:
40059 homeowners insurance rates

Home Replacement Cost Coverage in 40059

Average Building Cost Per Square Foot in 40059: $118

Location: Prospect, Kentucky (Jefferson County)

Average Square Footage in 40059: 3,963 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 40059 before you start any project. Prospect homeowners pay on average around $118 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 40059 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 40059 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 3,963 sq. ft. and the average cost to rebuild the home in this area is around $118 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 Prospect 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$1183,963$467,600
Additional Upgrades & Added Features$1483,963$584,500
Major Home Updates or Advancements$1773,963$701,400

It's important to understand that when you estimate your replacement cost of your home in the 40059 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 40059

Best Home & Auto Insurance Agencies in 40059

Joseph Johnson - Allstate Insurance Company

Address: 9207 US-42 Prospect, KY 40059
Phone:
Website: http://www.allstateagencies.com/JosephJohnson/Welcome/?cid=OTC-Southern-Club-Blue-iYP024818yp&att=JosephJohnson
Info:

Arends- Brian L - State Farm Insurance Agent

Address: 9219 US-42 Prospect, KY 40059
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

Johnson, Joseph - Allstate

Address: 9200 US-42 Prospect, KY 40059
Phone:
Website: http://www.allstateagencies.com/JosephJohnson/Welcome/
Info:

Allstate Insurance Company - Michael Casperson

Address: 13011 W U.S. Hwy 42 Prospect, KY 40059
Phone:
Website: http://www.allstateagencies.com/040786?cid=OTC-YP.com-IYP&att=TL
Info:

Vogel- Dennis P

Address: 5956 Timber Ridge Dr, #102 Prospect, KY 40059
Phone:
Website:
Info:

Housing Demographics for 40059

Population Review for 40059 Zip Code

For the city of Prospect, the population within 40059 has increased to over 22,996 residents in population size. The current population total is 20,254. We have broken down the population based on race below. In 40059, there are over 9820 in male population and 10434 females.

PopulationValues
Total Population20,254
White Population16982
Black Population755
Hispanic Population688
Asian Population1166
Hawaiian Population7
Indian Population27
Other Population224
Male Population9820
Female Population10434
Population Estimate22996

Household Data for 40059

The average number of homes in 40059 is around 7,645, there are an average of 2.63 per household. The average house value according to local real estate values is around $467,600. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode7,645
Persons Per Household2.63
Average House Value$467,600
Income Per Household$161079
Median Age45.6
Median Age Male45.3
Median Age Female45.9
40059 DetailsValues
StateKY
State Full NameKentucky
City TypeP
City Alias Abbreviation
Area Code502
CityProspect
City Alias NamePROSPECT
CountyJefferson
County FIPS111
State FIPS21
Time Zone5
Day Light SavingY
MSA4520
PMSA
CSA350
CBSA31140
CBSA_DIV
CBSA_TypeMetro
CBSA_NameLouisville/Jefferson County, KY-IN
MSA_NameLouisville, KY-IN MSA
PMSA_Name
RegionSouth
DivisionEast South Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses488
Number Of Employees3029
Business First Quarter Payroll28508
Business Annual Payroll174969
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population1283566
CBSA Division Population0
Congressional District03|04
Congressional LandArea319.34|4382.19
Delivery Residential8744
Delivery Business310
Delivery Total9514
Preferred Last Line KeyX16120
Classification Code
Multi-CountyY
CSA NameLouisville/Jefferson County--Elizabethtown, KY-IN
CBSA_DIV_Name
City State KeyX16120
Land Area28.172000
Water Area0.605000
City Alias Code
City Mixed CaseProspect
City Alias Mixed CaseProspect
Box Count234
SFDU6997
MFDU1008
State ANSI21
County ANSI111
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationD
Finance Number206320
Unique ZIP Name
SSA State County Code18550
Medicare CBSA Code31140
Medicare CBSA NameLouisville/Jefferson County, KY-IN
Medicare CBSA TypeMetro
Market Rating Area ID3
County Mixed CaseJefferson

Kentucky Homeowners Insurance News & Information

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