Get multiple home insurance quotes in 02062. Our licensed 02062, MA agents are ready to serve you.

Home Insurance Rates in 02062

For homeowners shopping online in 02062, our insurance rates are very competitive for homeowners living in Norwood, MA. Many homeowners based out of the great city of Norwood have found it very easy to shop with GetHomeInsuranceQuotes.com. The reason is because we clearly showcase the carriers that we will shop for you. Plus, our home insurance quotes are free and our Massachusetts licensed agents can provide a free consultation service to you that allows you to ask questions about which rates and coverage options are best suited for you and your family. To get free home insurance quotes in 02062, simply click the "Get Multiple Quotes Now" button. Your 02062 should appear in the zip code field ready to go. We only need some basic home information to start running multiple quotes for you. Norwood, MA Home Insurance Rate Quotes are available for you, we easily review and compare multiple coverage and rate options.

02062 Home Insurance Rating is: Very High!

If you live in 02062, you can easily save up to 40% off the average home insurance premium of $1201 a year by letting us help you compare the best rate and coverage option for your home. We can compare up to 12 major top rated home insurance companies all at once. We also will do a professional analysis to determine which coverage is best suited to cover the risk that you need. Home insurance in Norwood can come in a variety of different packages, it's important to understand which homeowners policy is best. Let us help you compare home insurance rates in 02062 today!

Get Multiple Home Insurance Rates in 02062!

02062 Home Insurance Average Premiums

Local 02062 homeowners insurance quotes comparison

$951 /yr.

Shows Zip Code: 02062 lowest rates with discounts applied on average.

For the 02062, 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)
$951 /yr.
Average Coverage:$1201 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1501 /yr.

What is the average home insurance cost for a home in 02062?

  • • The average homeowners insurance premium paid annually for a home in 02062 is around $1201 per year.

What does it cost on average per month for home insurance in 02062?

  • • Homeowners in 02062 pay a monthly average cost per month around $100.00.

What kind of discount could I get if I combine my home and auto insurance together in 02062?

  • • Autoowners in 02062 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 Norwood area, check out other zip codes nearby 02062.
Review average rates in another zip code:
02062 homeowners insurance rates

Home Replacement Cost Coverage in 02062

Average Building Cost Per Square Foot in 02062: $271

Location: Norwood, Massachusetts (Norfolk County)

Average Square Footage in 02062: 1,779 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 02062 before you start any project. Norwood 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 02062 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 02062 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,779 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 Norwood 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$2711,779$482,200
Additional Upgrades & Added Features$3391,779$602,750
Major Home Updates or Advancements$4071,779$723,300

It's important to understand that when you estimate your replacement cost of your home in the 02062 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 02062

Kunevich & Lau Insurance/Mortgage/Real Estate Agency

Address: 645 Washington Street Norwood, MA 02062
Phone: (781)278-9996
Website: www.kunevichandlau.com

Best Home & Auto Insurance Agencies in 02062

Palenscar, Steve - Foley & Palenscar Insurance Agency

Address: 47 Vernon St E Norwood, MA 02062
Phone:
Website: http://www.foleyins.com/
Info:

Kunevich & Lau Insurance/Mortgage/Real Estate Agency

Address: 645 Washington St Norwood, MA 02062
Phone:
Website: http://www.kunevichandlau.com
Info:

Housing Demographics for 02062

Population Review for 02062 Zip Code

For the city of Norwood, the population within 02062 has increased to over 31,204 residents in population size. The current population total is 31,611. We have broken down the population based on race below. In 02062, there are over 14971 in male population and 16640 females.

PopulationValues
Total Population31,611
White Population23290
Black Population2417
Hispanic Population2324
Asian Population2357
Hawaiian Population5
Indian Population81
Other Population1308
Male Population14971
Female Population16640
Population Estimate31204

Household Data for 02062

The average number of homes in 02062 is around 13,037, there are an average of 2.38 per household. The average house value according to local real estate values is around $482,200. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode13,037
Persons Per Household2.38
Average House Value$482,200
Income Per Household$96414
Median Age41.0
Median Age Male39.2
Median Age Female42.9
02062 DetailsValues
StateMA
State Full NameMassachusetts
City TypeP
City Alias Abbreviation
Area Code781/339
CityNorwood
City Alias NameNORWOOD
CountyNorfolk
County FIPS021
State FIPS25
Time Zone5
Day Light SavingY
MSA1122
PMSA1120
CSA148
CBSA14460
CBSA_DIV14454
CBSA_TypeMetro
CBSA_NameBoston-Cambridge-Newton, MA-NH
MSA_NameBoston-Worcester-Lawrence, MA-NH-ME-CT CMSA
PMSA_NameBoston, MA-NH PMSA
RegionNortheast
DivisionNew England
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses1221
Number Of Employees24007
Business First Quarter Payroll455309
Business Annual Payroll1752277
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population4552402
CBSA Division Population1887792
Congressional District08
Congressional LandArea326.37
Delivery Residential13111
Delivery Business1265
Delivery Total14863
Preferred Last Line KeyV22265
Classification Code
Multi-County
CSA NameBoston-Worcester-Providence, MA-RI-NH
CBSA_DIV_NameBoston, MA
City State KeyV22265
Land Area10.549000
Water Area0.172000
City Alias Code
City Mixed CaseNorwood
City Alias Mixed CaseNorwood
Box Count246
SFDU9146
MFDU3170
State ANSI25
County ANSI021
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number245831
Unique ZIP Name
SSA State County Code22130
Medicare CBSA Code14454
Medicare CBSA NameBoston, MA
Medicare CBSA TypeMetro
Market Rating Area ID0
County Mixed CaseNorfolk

Massachusetts Homeowners Insurance News & Information

  • $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 […]

  • I can’t afford my home insurance, what do I do? Posted on Saturday 9th November, 2024

    According to data from the National Association of Realtors (NAR), the average U.S. insurance rate is $2,377 a year. The data also suggest that homeowners could see a 6% rise in rates by the end of the year which is in addition to the 20% increase over the two previous years. As climate change pushes […]

  • How to Get the Best Homeowners Insurance Policy for Your Needs Posted on Wednesday 6th November, 2024

    Having the proper insurance coverages in place is a critical part of owning a home, it protects your investment and finances in the event your home is destroyed by an unexpected disaster such as a fire, flood or severe storm.  Understanding the different coverages that are available to homeowners is key to making sure you […]