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40823 Home Insurance Rates
For homeowners living in 40823, the population estimates are increasing to well over 3,529 with 1,526 occupied homes within the zip code of 40823. 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 Cumberland have increased and the average home insurance premium is around $863 per year in 40823. 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 40823 zip code today so we can help you find affordable Cumberland, KY home insurance premiums.
Compare Multiple Homeowners Insurance Rates in 40823
Please select one of the three options below based on your 40823 zip code to learn more about Kentucky homeowners insurance, plus review average rates and information per state, county or city.
- Kentucky Homeowners Insurance Quotes
- Harlan County, KY Home Insurance
- Cumberland, KY Home Insurance Quotes
40823 Average Home Insurance Rating Cost is: Medium!
Getting cheaper homeowners insurance in the 40823 zip code just got easier with GetHomeInsuranceQuotes.com of Cumberland, 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 40823 today and let us help you review the best home insurance quotes available for homeowners living in Cumberland.
40823 Home Insurance Average Premiums
$613 /yr.
Shows Zip Code: 40823 lowest rates with discounts applied on average.
For the 40823, 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) | $613 /yr. |
| Average Coverage: | $863 /yr. |
| 2600 sq. ft. or higher (all discounts applied) | $1163 /yr. |
What is the average home insurance cost for a home in 40823?
- • The average homeowners insurance premium paid annually for a home in 40823 is around $863 per year.
What does it cost on average per month for home insurance in 40823?
- • Homeowners in 40823 pay a monthly average cost per month around $72.00.
What kind of discount could I get if I combine my home and auto insurance together in 40823?
- • Autoowners in 40823 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 Cumberland area, check out other zip codes nearby 40823.
Review average rates in another zip code:
40823 homeowners insurance rates
Home Replacement Cost Coverage in 40823
Average Building Cost Per Square Foot in 40823: $118
Location: Cumberland, Kentucky (Harlan County)Average Square Footage in 40823: 606 Sq. Ft.
When building or updating a home, it's always good to review the average cost per square foot to build in 40823 before you start any project. Cumberland 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 40823 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 40823 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 606 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 Cumberland 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 Status | Price per Sq. Ft. | Square Feet | Dwelling Coverage |
|---|---|---|---|
| Basic Home Features | $118 | 606 | $71,500 |
| Additional Upgrades & Added Features | $148 | 606 | $89,375 |
| Major Home Updates or Advancements | $177 | 606 | $107,250 |
It's important to understand that when you estimate your replacement cost of your home in the 40823 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 40823
Best Home & Auto Insurance Agencies in 40823
Housing Demographics for 40823
Population Review for 40823 Zip Code
For the city of Cumberland, the population within 40823 has increased to over 3,220 residents in population size. The current population total is 3,529. We have broken down the population based on race below. In 40823, there are over 1727 in male population and 1802 females.
| Population | Values |
|---|---|
| Total Population | 3,529 |
| White Population | 3231 |
| Black Population | 111 |
| Hispanic Population | 36 |
| Asian Population | 12 |
| Hawaiian Population | 0 |
| Indian Population | 6 |
| Other Population | 21 |
| Male Population | 1727 |
| Female Population | 1802 |
| Population Estimate | 3220 |
Household Data for 40823
The average number of homes in 40823 is around 1,526, there are an average of 2.26 per household. The average house value according to local real estate values is around $71,500. Please review the following demographics below for average income and media age.
| Housing / Income Data | Values |
|---|---|
| Households Per Zipcode | 1,526 |
| Persons Per Household | 2.26 |
| Average House Value | $71,500 |
| Income Per Household | $31591 |
| Median Age | 43.4 |
| Median Age Male | 39.7 |
| Median Age Female | 46.2 |
| 40823 Details | Values |
|---|---|
| State | KY |
| State Full Name | Kentucky |
| City Type | P |
| City Alias Abbreviation | |
| Area Code | 606 |
| City | Cumberland |
| City Alias Name | CUMBERLAND |
| County | Harlan |
| County FIPS | 095 |
| State FIPS | 21 |
| Time Zone | 5 |
| Day Light Saving | Y |
| MSA | |
| PMSA | |
| CSA | |
| CBSA | |
| CBSA_DIV | |
| CBSA_Type | |
| CBSA_Name | |
| MSA_Name | |
| PMSA_Name | |
| Region | South |
| Division | East South Central |
| MailingName | Y |
| Economic & Growth Review | Values |
|---|---|
| Number Of Businesses | 52 |
| Number Of Employees | 659 |
| Business First Quarter Payroll | 5677 |
| Business Annual Payroll | 33907 |
| Business Employment Flag | |
| Growth Rank | 0 |
| Growth Housing Units 2003 | |
| Growth Housing Units 2004 | |
| Growth Increase Number | 0 |
| Growth Increase Percentage | 0.0 |
| Metropolitan Details | Values |
|---|---|
| CBSA Population | 0 |
| CBSA Division Population | 0 |
| Congressional District | 05 |
| Congressional LandArea | 11235.15 |
| Delivery Residential | 1425 |
| Delivery Business | 86 |
| Delivery Total | 1795 |
| Preferred Last Line Key | X14730 |
| Classification Code | |
| Multi-County | Y |
| CSA Name | |
| CBSA_DIV_Name | |
| City State Key | X14730 |
| Land Area | 48.446000 |
| Water Area | 0.185000 |
| City Alias Code | |
| City Mixed Case | Cumberland |
| City Alias Mixed Case | Cumberland |
| Box Count | 269 |
| SFDU | 1009 |
| MFDU | 0 |
| State ANSI | 21 |
| County ANSI | 095 |
| ZIP Intro | |
| Alias Intro | |
| Facility Code | P |
| City Delivery Indicator | Y |
| Carrier Route Rate Sortation | C |
| Finance Number | 201912 |
| Unique ZIP Name | |
| SSA State County Code | 18470 |
| Medicare CBSA Code | 99918 |
| Medicare CBSA Name | Rural Areas in KY |
| Medicare CBSA Type | Micro |
| Market Rating Area ID | 8 |
| County Mixed Case | Harlan |
Kentucky Homeowners Insurance News & Information
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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 […]
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Having the proper insurance coverages in place is a critical part of owning a home, it protects your investment and finances in the event your home is destroyed by an unexpected disaster such as a fire, flood or severe storm. Understanding the different coverages that are available to homeowners is key to making sure you […]