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Compare 01540 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Oxford just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 4,331 neighbors looking to save on their home insurance policy in the local 01540 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 01540. So how do we provide affordable home insurance quotes? We use your home details from our online quoting application to compare the best Massachusetts 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 Oxford, MA 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 Oxford, MA

01540 Home Insurance Average Premiums

Local 01540 homeowners insurance quotes comparison

$1004 /yr.

Shows Zip Code: 01540 lowest rates with discounts applied on average.

For the 01540, 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)		$1004 /yr.
Average Coverage:$1254 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1554 /yr.

What is the average home insurance cost for a home in 01540?

  • • The average homeowners insurance premium paid annually for a home in 01540 is around $1254 per year.

What does it cost on average per month for home insurance in 01540?

  • • Homeowners in 01540 pay a monthly average cost per month around $105.00.

What kind of discount could I get if I combine my home and auto insurance together in 01540?

  • • Autoowners in 01540 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 Oxford area, check out other zip codes nearby 01540.
Review average rates in another zip code:
01540 homeowners insurance rates

Home Replacement Cost Coverage in 01540

Average Building Cost Per Square Foot in 01540: $271

Location: Oxford, Massachusetts (Worcester County)

Average Square Footage in 01540: 1,045 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 01540 before you start any project. Oxford homeowners pay on average around $271 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 01540 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 01540 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,045 sq. ft. and the average cost to rebuild the home in this area is around $271 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 Oxford 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$2711,045$283,200
Additional Upgrades & Added Features$3391,045$354,000
Major Home Updates or Advancements$4071,045$424,800

It's important to understand that when you estimate your replacement cost of your home in the 01540 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 01540

Best Home & Auto Insurance Agencies in 01540

Oxford Insurance Agency

Address: 300 Main St Oxford, MA 01540
Phone:
Website: http://www.oxfordinsurance.com/
Info:

Housing Demographics for 01540

Population Review for 01540 Zip Code

For the city of Oxford, the population within 01540 has increased to over 11,107 residents in population size. The current population total is 11,032. We have broken down the population based on race below. In 01540, there are over 5436 in male population and 5596 females.

PopulationValues
Total Population11,032
White Population9817
Black Population180
Hispanic Population673
Asian Population108
Hawaiian Population3
Indian Population25
Other Population233
Male Population5436
Female Population5596
Population Estimate11107

Household Data for 01540

The average number of homes in 01540 is around 4,331, there are an average of 2.54 per household. The average house value according to local real estate values is around $283,200. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode4,331
Persons Per Household2.54
Average House Value$283,200
Income Per Household$110195
Median Age43.9
Median Age Male42.5
Median Age Female45.5
01540 DetailsValues
StateMA
State Full NameMassachusetts
City TypeP
City Alias Abbreviation
Area Code508/774
CityOxford
City Alias NameOXFORD
CountyWorcester
County FIPS027
State FIPS25
Time Zone5
Day Light SavingY
MSA1122
PMSA9240
CSA148
CBSA49340
CBSA_DIV
CBSA_TypeMetro
CBSA_NameWorcester, MA
MSA_NameBoston-Worcester-Lawrence, MA-NH-ME-CT CMSA
PMSA_NameWorcester, MA-CT PMSA
RegionNortheast
DivisionNew England
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses226
Number Of Employees4387
Business First Quarter Payroll110206
Business Annual Payroll331727
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population798552
CBSA Division Population0
Congressional District01
Congressional LandArea2350.29
Delivery Residential4373
Delivery Business251
Delivery Total4796
Preferred Last Line KeyV22293
Classification Code
Multi-County
CSA NameBoston-Worcester-Providence, MA-RI-NH
CBSA_DIV_Name
City State KeyV22293
Land Area19.103000
Water Area0.785000
City Alias Code
City Mixed CaseOxford
City Alias Mixed CaseOxford
Box Count117
SFDU3772
MFDU384
State ANSI25
County ANSI027
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number246035
Unique ZIP Name
SSA State County Code22170
Medicare CBSA Code49340
Medicare CBSA NameWorcester, MA-CT
Medicare CBSA TypeMetro
Market Rating Area ID0
County Mixed CaseWorcester

Massachusetts Homeowners Insurance News & Information

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    According to a new study from Clever Real Estate, a St. Louis-based real estate company, monthly rent costs are actually cheaper than a monthly mortgage payment in 48 of the 50 most populous cities in the United States. Their analysis looked at mortgage principals, interest, taxes as well as homeowners insurance and they found that […]

  • Review How Many Homeowners Are Not Insured Per State Posted on Thursday 29th August, 2024

    One of the major costs of owning a home is protecting it with homeowners insurance. This will ensure your home is repaired or rebuilt if it is damage or destroyed by a covered peril. It also helps protect you against lawsuits, theft and even vandalism. If you have a mortgage on your home, your lender […]

  • Are homeowners insurance companies increasing deductibles?  Posted on Thursday 22nd August, 2024

    This year many homeowner insurance companies have been raising their homeowner percentage deductible from 1% to 2% which could be a massive increase for policyholders who have to make a claim on their policy. It has led to many homeowners shopping their coverage as their out-of-pocket costs skyrocket.   As the cost of claims increases, particularly […]