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Compare 20904 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Silver Spring just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 21,331 neighbors looking to save on their home insurance policy in the local 20904 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 20904. 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 Silver Spring, 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 Silver Spring, MD

20904 Home Insurance Average Premiums

Local 20904 homeowners insurance quotes comparison

$604 /yr.

Shows Zip Code: 20904 lowest rates with discounts applied on average.

For the 20904, 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)
$604 /yr.
Average Coverage:$854 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1154 /yr.

What is the average home insurance cost for a home in 20904?

  • • The average homeowners insurance premium paid annually for a home in 20904 is around $854 per year.

What does it cost on average per month for home insurance in 20904?

  • • Homeowners in 20904 pay a monthly average cost per month around $71.00.

What kind of discount could I get if I combine my home and auto insurance together in 20904?

  • • Autoowners in 20904 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 Silver Spring area, check out other zip codes nearby 20904.
Review average rates in another zip code:
20904 homeowners insurance rates
20906 homeowners insurance rates
20902 homeowners insurance rates
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20903 homeowners insurance rates
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20910 homeowners insurance rates

Home Replacement Cost Coverage in 20904

Average Building Cost Per Square Foot in 20904: $190

Location: Silver Spring, Maryland (Montgomery County)

Average Square Footage in 20904: 2,278 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 20904 before you start any project. Silver Spring 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 20904 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 20904 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,278 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 Silver Spring 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$1902,278$432,800
Additional Upgrades & Added Features$2382,278$541,000
Major Home Updates or Advancements$2852,278$649,200

It's important to understand that when you estimate your replacement cost of your home in the 20904 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 20904

Best Home & Auto Insurance Agencies in 20904

Allstate Insurance Company - David Hean

Address: 12510 Prosperity Dr Silver Spring, MD 20904
Phone:
Website: http://www.allstateagencies.com/057982?cid=OTC-YP.com-IYP&att=TL
Info:

Tim Fenlon Ins Agency Inc - Nationwide Insurance

Address: 12301 Old Columbia Pike, Ste 100a Silver Spring, MD 20904
Phone:
Website: http://www.national.citysearch.com/profile/662883940/silver_spring_md/tim_fenlon_ins_agency_inc_nationwide_insurance.html
Info:

Charles Baum State Farm Insurance

Address: 11120 New Hampshire Ave, #101 Silver Spring, MD 20904
Phone:
Website: http://www.online2.statefarm.com/b2c/sf/agent/20/9312
Info:

Allstate Insurance Company - Joe Van Dalsum

Address: 12301 Old Columbia Pike Silver Spring, MD 20904
Phone:
Website: http://www.allstateagencies.com/030706?cid=OTC-YP.com-IYP&att=TL
Info:

Jeong- Nina

Address: 13447 New Hampshire Ave Silver Spring, MD 20904
Phone:
Website:
Info:

Housing Demographics for 20904

Population Review for 20904 Zip Code

For the city of Silver Spring, the population within 20904 has increased to over 58,045 residents in population size. The current population total is 59,051. We have broken down the population based on race below. In 20904, there are over 27351 in male population and 31700 females.

PopulationValues
Total Population59,051
White Population13010
Black Population27506
Hispanic Population10512
Asian Population6992
Hawaiian Population33
Indian Population312
Other Population6154
Male Population27351
Female Population31700
Population Estimate58045

Household Data for 20904

The average number of homes in 20904 is around 21,331, there are an average of 2.73 per household. The average house value according to local real estate values is around $432,800. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode21,331
Persons Per Household2.73
Average House Value$432,800
Income Per Household$86513
Median Age40.3
Median Age Male37.8
Median Age Female42.3
20904 DetailsValues
StateMD
State Full NameMaryland
City TypeP
City Alias Abbreviation
Area Code301
CitySilver Spring
City Alias NameSILVER SPRING
CountyMontgomery
County FIPS031
State FIPS24
Time Zone5
Day Light SavingY
MSA8872
PMSA8840
CSA548
CBSA47900
CBSA_DIV23224
CBSA_TypeMetro
CBSA_NameWashington-Arlington-Alexandria, DC-VA-MD-WV
MSA_NameWashington-Baltimore, DC-MD-VA-WV CMSA
PMSA_NameWashington, DC-MD-VA-WV PMSA
RegionSouth
DivisionSouth Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses987
Number Of Employees17796
Business First Quarter Payroll275683
Business Annual Payroll1081468
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population5582170
CBSA Division Population1205162
Congressional District04|08
Congressional LandArea297.81|859.85
Delivery Residential21262
Delivery Business672
Delivery Total21902
Preferred Last Line KeyV24373
Classification Code
Multi-CountyY
CSA NameWashington-Baltimore-Arlington, DC-MD-VA-WV-PA
CBSA_DIV_NameFrederick-Gaithersburg-Bethesda, MD
City State KeyV24373
Land Area13.728000
Water Area0.039000
City Alias Code
City Mixed CaseSilver Spring
City Alias Mixed CaseSilver Spring
Box Count0
SFDU8249
MFDU9112
State ANSI24
County ANSI031
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number238478
Unique ZIP Name
SSA State County Code21150
Medicare CBSA Code23224
Medicare CBSA NameFrederick-Gaithersburg-Rockville, MD
Medicare CBSA TypeMetro
Market Rating Area ID3
County Mixed CaseMontgomery

Maryland Homeowners Insurance News & Information

  • 2025 Spring Cleaning Insurance Tips for Homeowners Posted on Monday 31st March, 2025

    Spring is here, the days are getting longer, the weather is warming up and the trees are starting to bud. All of this makes it a great time for homeowners to knock out some spring cleaning and home maintenance.  We thought it might be a good idea to look at some spring cleaning and maintenance […]

  • Homeowners Now Use This Strategy To Save Money on Home Insurance. Is It a Good Idea? Posted on Wednesday 26th March, 2025

    According to a new Market Watch article, homeowners who are struggling with the cost of higher homeowner insurance premiums are making the move to policies with higher deductibles to help lower their costs. While this strategy may work for some, it is not the best idea for everyone.  Data from the Intercontinental Exchange (ICE) showed […]

  • Florida Homeowners With Insurance Are Struggling to Get Claims Paid – Why? Posted on Wednesday 19th March, 2025

    According to a recent Moneywise article, homeowners with insurance coverage in Florida are struggling to get claims paid.  Chad Zalva, a single dad in Riverview, Florida, was cited as an example in the article as a homeowner who is carrying homeowners insurance but was recently surprised to learn that the damage to his home from […]