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20755 Home Insurance Quotes, Rates & Coverage

Are you looking for the right homeowners insurance policy at an affordable price for your home in 20755? There are over 2,861 occupied homes in the 20755 area. With a population size of 9,324, it's not uncommon for residence of Fort George G Meade, MD to want to find cheaper home insurance rates online. The average premium for a standard HO-3 home insurance policy for homeowners living in Maryland is around $822 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 20755 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: Fort George G Meade, MD Home Insurance Rate Quotes

20755 Home Insurance Average Premiums

Local 20755 homeowners insurance quotes comparison

$572 /yr.

Shows Zip Code: 20755 lowest rates with discounts applied on average.

For the 20755, 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)
$572 /yr.
Average Coverage:$822 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1122 /yr.

What is the average home insurance cost for a home in 20755?

  • • The average homeowners insurance premium paid annually for a home in 20755 is around $822 per year.

What does it cost on average per month for home insurance in 20755?

  • • Homeowners in 20755 pay a monthly average cost per month around $69.00.

What kind of discount could I get if I combine my home and auto insurance together in 20755?

  • • Autoowners in 20755 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 Fort George G Meade area, check out other zip codes nearby 20755.
Review average rates in another zip code:
20755 homeowners insurance rates

Home Replacement Cost Coverage in 20755

Average Building Cost Per Square Foot in 20755: $190

Location: Fort George G Meade, Maryland (Anne Arundel County)

Average Square Footage in 20755: 2,193 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 20755 before you start any project. Fort George G Meade homeowners pay on average around $190 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 20755 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 20755 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,193 sq. ft. and the average cost to rebuild the home in this area is around $190 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 Fort George G Meade 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$1902,193$416,700
Additional Upgrades & Added Features$2382,193$520,875
Major Home Updates or Advancements$2852,193$625,050

It's important to understand that when you estimate your replacement cost of your home in the 20755 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 20755

Best Home & Auto Insurance Agencies in 20755

Housing Demographics for 20755

Population Review for 20755 Zip Code

For the city of Fort George G Meade, the population within 20755 has increased to over 8,550 residents in population size. The current population total is 9,324. We have broken down the population based on race below. In 20755, there are over 4991 in male population and 4333 females.

PopulationValues
Total Population9,324
White Population5033
Black Population1973
Hispanic Population1594
Asian Population376
Hawaiian Population47
Indian Population68
Other Population447
Male Population4991
Female Population4333
Population Estimate8550

Household Data for 20755

The average number of homes in 20755 is around 2,861, there are an average of 3.00 per household. The average house value according to local real estate values is around $416,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode2,861
Persons Per Household3.00
Average House Value$416,700
Income Per Household$92603
Median Age25.2
Median Age Male24.7
Median Age Female26.0
20755 DetailsValues
StateMD
State Full NameMaryland
City TypeP
City Alias AbbreviationFORT MEADE
Area Code240/301/410/443/667
CityFort George G Meade
City Alias NameFORT GEORGE G MEADE
CountyAnne Arundel
County FIPS003
State FIPS24
Time Zone5
Day Light SavingY
MSA8872
PMSA0720
CSA548
CBSA12580
CBSA_DIV
CBSA_TypeMetro
CBSA_NameBaltimore-Columbia-Towson, MD
MSA_NameWashington-Baltimore, DC-MD-VA-WV CMSA
PMSA_NameBaltimore, MD PMSA
RegionSouth
DivisionSouth Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses129
Number Of Employees2967
Business First Quarter Payroll81818
Business Annual Payroll334931
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population2710489
CBSA Division Population0
Congressional District05
Congressional LandArea1481.24
Delivery Residential2850
Delivery Business46
Delivery Total3430
Preferred Last Line KeyV23479
Classification Code
Multi-County
CSA NameWashington-Baltimore-Arlington, DC-MD-VA-WV-PA
CBSA_DIV_Name
City State KeyV23479
Land Area10.545000
Water Area0.048000
City Alias CodeM1P
City Mixed CaseFort George G Meade
City Alias Mixed CaseFort George G Meade
Box Count348
SFDU1063
MFDU448
State ANSI24
County ANSI003
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number233294
Unique ZIP Name
SSA State County Code21010
Medicare CBSA Code12580
Medicare CBSA NameBaltimore-Columbia-Towson, MD
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseAnne Arundel

Maryland Homeowners Insurance News & Information

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    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 […]