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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
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 Status | Price per Sq. Ft. | Square Feet | Dwelling Coverage |
---|---|---|---|
Basic Home Features | $271 | 1,015 | $275,000 |
Additional Upgrades & Added Features | $339 | 1,015 | $343,750 |
Major Home Updates or Advancements | $407 | 1,015 | $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.
Population | Values |
---|---|
Total Population | 2,277 |
White Population | 1695 |
Black Population | 163 |
Hispanic Population | 267 |
Asian Population | 40 |
Hawaiian Population | 1 |
Indian Population | 3 |
Other Population | 166 |
Male Population | 1145 |
Female Population | 1132 |
Population Estimate | 2271 |
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 Data | Values |
---|---|
Households Per Zipcode | 887 |
Persons Per Household | 2.57 |
Average House Value | $275,000 |
Income Per Household | $103405 |
Median Age | 41.0 |
Median Age Male | 39.6 |
Median Age Female | 42.3 |
01611 Details | Values |
---|---|
State | MA |
State Full Name | Massachusetts |
City Type | N |
City Alias Abbreviation | |
Area Code | 508/774 |
City | Cherry Valley |
City Alias Name | CHERRY VALLEY |
County | Worcester |
County FIPS | 027 |
State FIPS | 25 |
Time Zone | 5 |
Day Light Saving | Y |
MSA | |
PMSA | |
CSA | 148 |
CBSA | 49340 |
CBSA_DIV | |
CBSA_Type | Metro |
CBSA_Name | Worcester, MA |
MSA_Name | |
PMSA_Name | |
Region | Northeast |
Division | New England |
MailingName | Y |
Economic & Growth Review | Values |
---|---|
Number Of Businesses | 32 |
Number Of Employees | 268 |
Business First Quarter Payroll | 2408 |
Business Annual Payroll | 11401 |
Business Employment Flag | |
Growth Rank | 0 |
Growth Housing Units 2003 | |
Growth Housing Units 2004 | |
Growth Increase Number | 0 |
Growth Increase Percentage | 0.0 |
Metropolitan Details | Values |
---|---|
CBSA Population | 798552 |
CBSA Division Population | 0 |
Congressional District | 02 |
Congressional LandArea | 1628 |
Delivery Residential | 884 |
Delivery Business | 37 |
Delivery Total | 1014 |
Preferred Last Line Key | 001576 |
Classification Code | |
Multi-County | |
CSA Name | Boston-Worcester-Providence, MA-RI-NH |
CBSA_DIV_Name | |
City State Key | 001576 |
Land Area | 3.418000 |
Water Area | 0.250000 |
City Alias Code | |
City Mixed Case | Cherry Valley |
City Alias Mixed Case | Cherry Valley |
Box Count | 0 |
SFDU | 784 |
MFDU | 83 |
State ANSI | 25 |
County ANSI | 027 |
ZIP Intro | |
Alias Intro | |
Facility Code | N |
City Delivery Indicator | Y |
Carrier Route Rate Sortation | D |
Finance Number | 249622 |
Unique ZIP Name | |
SSA State County Code | 22170 |
Medicare CBSA Code | 49340 |
Medicare CBSA Name | Worcester, MA-CT |
Medicare CBSA Type | Metro |
Market Rating Area ID | 0 |
County Mixed Case | Worcester |
Massachusetts Homeowners Insurance News & Information
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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 […]
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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 […]