Get multiple home insurance quotes in 40701. Our licensed 40701, KY agents are ready to serve you.

40701 Online Home Insurance Rates

Comparing a bunch of different rates for your home in 40701 is very time consuming. At GetHomeInsuranceQuotes.com, we help you shop and compare up to 12 major top-rated A.M. Best companies, to present the most affordable rates for homeowners living in Corbin, KY. Not only do we provide free comparitive rates, but we also answer any questions you have and offer a free consultation process to help you decide which coverage option is best for you. Most of the time, we can add up to 40% more in savings by applying all the discounts and credits, like a home/auto package, security alarm, new roof upgrade or even deadbolts. It's easy to shop with us, we have already partnered with the most competitive home insurance companies in the 40701 area. If you enter your zip code, you can easily begin the online quoting process, it only takes a few minutes. If you would like to give us a call now at 1-855-976-2656 we will be happy to hear from you.

If you would like to review more information on home insurance premiums in Kentucky, like average Corbin homeowners insurance rates, coverage options or home insurance types, please select Corbin, KY Home Insurance Rates Online!

40701 Home Insurance Average Premiums

Local 40701 homeowners insurance quotes comparison

$637 /yr.

Shows Zip Code: 40701 lowest rates with discounts applied on average.

For the 40701, 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)
$637 /yr.
Average Coverage:$887 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1187 /yr.

What is the average home insurance cost for a home in 40701?

  • • The average homeowners insurance premium paid annually for a home in 40701 is around $887 per year.

What does it cost on average per month for home insurance in 40701?

  • • Homeowners in 40701 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 40701?

  • • Autoowners in 40701 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 Corbin area, check out other zip codes nearby 40701.
Review average rates in another zip code:
40701 homeowners insurance rates

Home Replacement Cost Coverage in 40701

Average Building Cost Per Square Foot in 40701: $118

Location: Corbin, Kentucky (Whitley County)

Average Square Footage in 40701: 1,183 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 40701 before you start any project. Corbin 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 40701 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 40701 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,183 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 Corbin 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$1181,183$139,600
Additional Upgrades & Added Features$1481,183$174,500
Major Home Updates or Advancements$1771,183$209,400

It's important to understand that when you estimate your replacement cost of your home in the 40701 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 40701

Curt Wyatt Insurance Inc

Address: 314 North Main Street Corbin, KY 40701
Phone: (606)528-4933
Website:

Kentucky Farm Bureau Insurance

Address: 217 South Main Street Corbin, KY 40701
Phone: (606)528-0808
Website: www.kyfb.com

Insurance Marketing Group

Address: 301 US Hwy 25 W Corbin, KY 40701
Phone: (606)523-0881
Website:

Kentucky Farm Bureau Insurance - Laurel CO Agents

Address: 1456 West Cumberland Gap Parkway Corbin, KY 40701
Phone: (606)528-2030
Website:

State Farm Bank

Address: 1121 South Main Street Corbin, KY 40701
Phone: (606)523-1119
Website: www.statefarm.com

Best Home & Auto Insurance Agencies in 40701

Corbin Insurance Agency

Address: 100 N Kentucky Ave Corbin, KY 40701
Phone:
Website: http://www.insuranceservicecenter.net
Info:

Blair- Thomas D - State Farm Insurance Agent

Address: 515 Master St Corbin, KY 40701
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

Insurance Marketing Group

Address: 302 Us Highway 25 W Corbin, KY 40701
Phone:
Website:
Info:

Brad Ingle Insurance Agency

Address: 615 S Main St Corbin, KY 40701
Phone:
Website:
Info:

Mike Sparks Ins Agency Inc

Address: 1121 S Main St Corbin, KY 40701
Phone:
Website:
Info:

Housing Demographics for 40701

Population Review for 40701 Zip Code

For the city of Corbin, the population within 40701 has increased to over 33,090 residents in population size. The current population total is 31,051. We have broken down the population based on race below. In 40701, there are over 14946 in male population and 16105 females.

PopulationValues
Total Population31,051
White Population29298
Black Population131
Hispanic Population544
Asian Population209
Hawaiian Population0
Indian Population85
Other Population200
Male Population14946
Female Population16105
Population Estimate33090

Household Data for 40701

The average number of homes in 40701 is around 12,359, there are an average of 2.47 per household. The average house value according to local real estate values is around $139,600. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode12,359
Persons Per Household2.47
Average House Value$139,600
Income Per Household$46738
Median Age40.5
Median Age Male39.2
Median Age Female41.7
40701 DetailsValues
StateKY
State Full NameKentucky
City TypeP
City Alias Abbreviation
Area Code606
CityCorbin
City Alias NameCORBIN
CountyWhitley
County FIPS235
State FIPS21
Time Zone5
Day Light SavingY
MSA
PMSA
CSA371
CBSA18340
CBSA_DIV
CBSA_TypeMicro
CBSA_NameCorbin, KY
MSA_Name
PMSA_Name
RegionSouth
DivisionEast South Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses676
Number Of Employees11153
Business First Quarter Payroll95495
Business Annual Payroll410944
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population35637
CBSA Division Population0
Congressional District05
Congressional LandArea11235.15
Delivery Residential13397
Delivery Business928
Delivery Total14121
Preferred Last Line KeyX14670
Classification Code
Multi-CountyY
CSA NameMiddlesborough-Corbin, KY
CBSA_DIV_Name
City State KeyX14670
Land Area150.575000
Water Area7.853000
City Alias Code
City Mixed CaseCorbin
City Alias Mixed CaseCorbin
Box Count0
SFDU11839
MFDU452
State ANSI21
County ANSI235
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number201716
Unique ZIP Name
SSA State County Code18990
Medicare CBSA Code99918
Medicare CBSA NameRural Areas in KY
Medicare CBSA TypeMicro
Market Rating Area ID8
County Mixed CaseWhitley

Kentucky Homeowners Insurance News & Information

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    While many state legislators, industry leaders and insurance regulators have been claiming that the insurance market in Florida has stabilized, it looks like premiums may be headed up again in the near future.  According to an analysis by the South Florida Sun Sentinel, the average statewide premium, being paid for an all-perils single-family home policy […]

  • Economists Top 5 Housing Predictions for 2025 Posted on Monday 6th January, 2025

    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 […]