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Compare 20758 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Friendship just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 247 neighbors looking to save on their home insurance policy in the local 20758 zip code area. Our process is very simple, easy to use and hassle free. We help you shop and compare competitive rates for your home in 20758. So how do we provide affordable home insurance quotes? We use your home details from our online quoting application to compare the best Maryland rates and coverage options with over 12 major carriers. Then we evaluate the best coverage and apply all the discounts and credits to help you save an additional 40%. We do all of this and more and our service online or over the phone is free. Let us help you compare your Friendship, MD home insurance rates today!

For more information about homeowners insurance, like average home insurance rates, coverage options or home insurance types, please select Home Insurance Rates in Friendship, MD

20758 Home Insurance Average Premiums

Local 20758 homeowners insurance quotes comparison

$707 /yr.

Shows Zip Code: 20758 lowest rates with discounts applied on average.

For the 20758, 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)		$707 /yr.
Average Coverage:$957 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1257 /yr.

What is the average home insurance cost for a home in 20758?

  • • The average homeowners insurance premium paid annually for a home in 20758 is around $957 per year.

What does it cost on average per month for home insurance in 20758?

  • • Homeowners in 20758 pay a monthly average cost per month around $80.00.

What kind of discount could I get if I combine my home and auto insurance together in 20758?

  • • Autoowners in 20758 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 Friendship area, check out other zip codes nearby 20758.
Review average rates in another zip code:
20758 homeowners insurance rates

Home Replacement Cost Coverage in 20758

Average Building Cost Per Square Foot in 20758: $190

Location: Friendship, Maryland (Anne Arundel County)

Average Square Footage in 20758: 2,551 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 20758 before you start any project. Friendship 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 20758 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 20758 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,551 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 Friendship 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$1902,551$484,700
Additional Upgrades & Added Features$2382,551$605,875
Major Home Updates or Advancements$2852,551$727,050

It's important to understand that when you estimate your replacement cost of your home in the 20758 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 20758

Best Home & Auto Insurance Agencies in 20758

Housing Demographics for 20758

Population Review for 20758 Zip Code

For the city of Friendship, the population within 20758 has increased to over 828 residents in population size. The current population total is 741. We have broken down the population based on race below. In 20758, there are over 378 in male population and 363 females.

PopulationValues
Total Population741
White Population650
Black Population21
Hispanic Population41
Asian Population8
Hawaiian Population0
Indian Population0
Other Population9
Male Population378
Female Population363
Population Estimate828

Household Data for 20758

The average number of homes in 20758 is around 247, there are an average of 3.00 per household. The average house value according to local real estate values is around $484,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode247
Persons Per Household3.00
Average House Value$484,700
Income Per Household$103750
Median Age46.3
Median Age Male48.5
Median Age Female43.9
20758 DetailsValues
StateMD
State Full NameMaryland
City TypeP
City Alias Abbreviation
Area Code240
CityFriendship
City Alias NameFRIENDSHIP
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 Businesses12
Number Of Employees31
Business First Quarter Payroll338
Business Annual Payroll1440
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 Residential276
Delivery Business2
Delivery Total336
Preferred Last Line KeyV23507
Classification Code
Multi-CountyY
CSA NameWashington-Baltimore-Arlington, DC-MD-VA-WV-PA
CBSA_DIV_Name
City State KeyV23507
Land Area4.857000
Water Area0.000000
City Alias Code
City Mixed CaseFriendship
City Alias Mixed CaseFriendship
Box Count46
SFDU276
MFDU0
State ANSI24
County ANSI003
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number233384
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

  • 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 […]

  • 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 […]