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21111 Homeowners Insurance Quotes & Rates

Monkton residents living within the 1,844 homes available in the zip code of 21111 are shopping online to compare cheaper and more affordable Monkton, MD home insurance rates. In the great city of Monkton, homeowners like you want to find less expensive coverage since the home insurance rates have increased. Currently, the average home insurance rate within the state of Maryland is around $824 per year. These average rates are based on a standard or basic homeowner policy that covers your home for risk of fire, theft or liability issues if someone was to be injured on your property. We can provide enhanced coverage options to give you that added protection that you need for your home in the 21111 zip code.

With our online home insurance quoting application and excellent review service, we can help you save up to 40% or more on your next homeowners policy. We will shop up to 12 competitive home insurance rates, review all the coverage options available and propose any discounts or credits that may be available to you. Each home insurance company is different and likes to generate rates based on a number of different risk factors when it comes to insuring your home. We will be able to explain which home insurance company is best for you based on the coverage details, rate affordability and claim dependability.

Let us help you shop and compare your 21111 home insurance rates today! Please give us a call now at 1-855-976-2656. For Monkton, MD Homeowners Insurance Quotes, Click to easily get started!

21111 Home Insurance Average Premiums

Local 21111 homeowners insurance quotes comparison

$574 /yr.

Shows Zip Code: 21111 lowest rates with discounts applied on average.

For the 21111, 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)
$574 /yr.
Average Coverage:$824 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1124 /yr.

What is the average home insurance cost for a home in 21111?

  • • The average homeowners insurance premium paid annually for a home in 21111 is around $824 per year.

What does it cost on average per month for home insurance in 21111?

  • • Homeowners in 21111 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 21111?

  • • Autoowners in 21111 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 Monkton area, check out other zip codes nearby 21111.
Review average rates in another zip code:
21111 homeowners insurance rates

Home Replacement Cost Coverage in 21111

Average Building Cost Per Square Foot in 21111: $190

Location: Monkton, Maryland (Baltimore County)

Average Square Footage in 21111: 2,746 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 21111 before you start any project. Monkton 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 21111 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 21111 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,746 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 Monkton 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$1902,746$521,700
Additional Upgrades & Added Features$2382,746$652,125
Major Home Updates or Advancements$2852,746$782,550

It's important to understand that when you estimate your replacement cost of your home in the 21111 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 21111

Bishop Joseph L Insurance

Address: 16829 York Road Monkton, MD 21111
Phone: (410)329-6550
Website:

Andrew F. Burgess Agency

Address: 16918 York Rd Monkton, MD 21111
Phone: (410)329-6800
Website:

Best Home & Auto Insurance Agencies in 21111

Allstate Insurance Companies

Address: 16940 York Rd Monkton, MD 21111
Phone:
Website:
Info:

Bishop Joseph L Insurance

Address: 16829 York Rd Monkton, MD 21111
Phone:
Website:
Info:

Andrew F. Burgess Agency

Address: 16918 York Rd Monkton, MD 21111
Phone:
Website:
Info:

Andrew F Burgess - Nationwide Insurance

Address: 16925 York Rd Monkton, MD 21111
Phone:
Website: http://www.nationwide.com/agent/Monkton-MARYLAND-insurance-agent/andrew-burgess/office.html
Info:

Allstate Insurance Company - Thomas Cullen

Address: 16951 York Rd Monkton, MD 21111
Phone:
Website: http://www.baltimore.citysearch.com/profile/667590230/monkton_md/allstate_insurance_company_thomas_cullen.html
Info:

Housing Demographics for 21111

Population Review for 21111 Zip Code

For the city of Monkton, the population within 21111 has increased to over 5,227 residents in population size. The current population total is 5,062. We have broken down the population based on race below. In 21111, there are over 2562 in male population and 2500 females.

PopulationValues
Total Population5,062
White Population4526
Black Population102
Hispanic Population193
Asian Population61
Hawaiian Population3
Indian Population11
Other Population57
Male Population2562
Female Population2500
Population Estimate5227

Household Data for 21111

The average number of homes in 21111 is around 1,844, there are an average of 2.75 per household. The average house value according to local real estate values is around $521,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode1,844
Persons Per Household2.75
Average House Value$521,700
Income Per Household$137008
Median Age48.2
Median Age Male48.2
Median Age Female48.2
21111 DetailsValues
StateMD
State Full NameMaryland
City TypeP
City Alias Abbreviation
Area Code667
CityMonkton
City Alias NameMONKTON
CountyBaltimore
County FIPS005
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 Businesses118
Number Of Employees840
Business First Quarter Payroll7203
Business Annual Payroll36017
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 District01|02
Congressional LandArea3977.06|348.88
Delivery Residential1901
Delivery Business66
Delivery Total4338
Preferred Last Line KeyV23989
Classification Code
Multi-CountyY
CSA NameWashington-Baltimore-Arlington, DC-MD-VA-WV-PA
CBSA_DIV_Name
City State KeyV23989
Land Area35.347000
Water Area0.197000
City Alias Code
City Mixed CaseMonkton
City Alias Mixed CaseMonkton
Box Count90
SFDU1900
MFDU0
State ANSI24
County ANSI005
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number236210
Unique ZIP Name
SSA State County Code21020
Medicare CBSA Code12580
Medicare CBSA NameBaltimore-Columbia-Towson, MD
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseBaltimore

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 […]