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01611 Home Insurance Quotes, Rates & Coverage

Are you looking for the right homeowners insurance policy at an affordable price for your home in 01611? There are over 887 occupied homes in the 01611 area. With a population size of 2,277, it's not uncommon for residence of Cherry Valley, MA to want to find cheaper home insurance rates online. The average premium for a standard HO-3 home insurance policy for homeowners living in Massachusetts is around $1,218 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 01611 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: Cherry Valley, MA Home Insurance Rate Quotes

01611 Home Insurance Average Premiums

Local 01611 homeowners insurance quotes comparison

$968 /yr.

Shows Zip Code: 01611 lowest rates with discounts applied on average.

For the 01611, 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)
$968 /yr.
Average Coverage:$1218 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1518 /yr.

What is the average home insurance cost for a home in 01611?

  • • The average homeowners insurance premium paid annually for a home in 01611 is around $1218 per year.

What does it cost on average per month for home insurance in 01611?

  • • Homeowners in 01611 pay a monthly average cost per month around $102.00.

What kind of discount could I get if I combine my home and auto insurance together in 01611?

  • • Autoowners in 01611 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 Cherry Valley area, check out other zip codes nearby 01611.
Review average rates in another zip code:
01611 homeowners insurance rates

Home Replacement Cost Coverage in 01611

Average Building Cost Per Square Foot in 01611: $271

Location: Cherry Valley, Massachusetts (Worcester County)

Average Square Footage in 01611: 1,015 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 01611 before you start any project. Cherry Valley 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 01611 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 01611 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,015 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 Cherry Valley 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$2711,015$275,000
Additional Upgrades & Added Features$3391,015$343,750
Major Home Updates or Advancements$4071,015$412,500

It's important to understand that when you estimate your replacement cost of your home in the 01611 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 01611

Best Home & Auto Insurance Agencies in 01611

Housing Demographics for 01611

Population Review for 01611 Zip Code

For the city of Cherry Valley, the population within 01611 has increased to over 2,271 residents in population size. The current population total is 2,277. We have broken down the population based on race below. In 01611, there are over 1145 in male population and 1132 females.

PopulationValues
Total Population2,277
White Population1695
Black Population163
Hispanic Population267
Asian Population40
Hawaiian Population1
Indian Population3
Other Population166
Male Population1145
Female Population1132
Population Estimate2271

Household Data for 01611

The average number of homes in 01611 is around 887, there are an average of 2.57 per household. The average house value according to local real estate values is around $275,000. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode887
Persons Per Household2.57
Average House Value$275,000
Income Per Household$103405
Median Age41.0
Median Age Male39.6
Median Age Female42.3
01611 DetailsValues
StateMA
State Full NameMassachusetts
City TypeN
City Alias Abbreviation
Area Code508/774
CityCherry Valley
City Alias NameCHERRY VALLEY
CountyWorcester
County FIPS027
State FIPS25
Time Zone5
Day Light SavingY
MSA
PMSA
CSA148
CBSA49340
CBSA_DIV
CBSA_TypeMetro
CBSA_NameWorcester, MA
MSA_Name
PMSA_Name
RegionNortheast
DivisionNew England
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses32
Number Of Employees268
Business First Quarter Payroll2408
Business Annual Payroll11401
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 District02
Congressional LandArea1628
Delivery Residential884
Delivery Business37
Delivery Total1014
Preferred Last Line Key001576
Classification Code
Multi-County
CSA NameBoston-Worcester-Providence, MA-RI-NH
CBSA_DIV_Name
City State Key001576
Land Area3.418000
Water Area0.250000
City Alias Code
City Mixed CaseCherry Valley
City Alias Mixed CaseCherry Valley
Box Count0
SFDU784
MFDU83
State ANSI25
County ANSI027
ZIP Intro
Alias Intro
Facility CodeN
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number249622
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 […]