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02347, MA Homeowners Insurance Rates

With a population size of 11,523 and with 4,240 occupied homes in the 02347 area, our online shopping service is becoming very helpful for homeowners like you. The average home insurance premiums in Lakeville, MA are around $1,305 per year for a standard HO-3 homeowners policy. Wouldn't you love to save up to 40% or more on your next home insurance policy? Our process easily compares the most competitive rates, while including all discounts and credits, plus reviewing all enhanced coverage options. You will find that GetHomeInsuranceQuotes.com is the best place online to shop for home insurance rates in Lakeville, Massachusetts. If you are looking for more affordable rates, let us help you shop and compare your next homeowners policy today. Just enter your zip code to start online comparing, or give us a call at 1-855-976-2656 so we can help you review rates today!

It's important to know that if your Massachusetts home may be located in a risk area that is prone to flooding, hurricanes or earthquakes. You may need additional coverage that is not part of your current policy like an HO-3 or HO-2. We can help you review the best protection and coverage options for your home located in Lakeville, MA.

For Massachusetts home insurance information, including average Lakeville home insurance rates, coverage options or the different homeowners insurance types, please select Lakeville, MA Home Insurance Quotes Now!

02347 Home Insurance Average Premiums

Local 02347 homeowners insurance quotes comparison

$1055 /yr.

Shows Zip Code: 02347 lowest rates with discounts applied on average.

For the 02347, 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)
$1055 /yr.
Average Coverage:$1305 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1605 /yr.

What is the average home insurance cost for a home in 02347?

  • • The average homeowners insurance premium paid annually for a home in 02347 is around $1305 per year.

What does it cost on average per month for home insurance in 02347?

  • • Homeowners in 02347 pay a monthly average cost per month around $109.00.

What kind of discount could I get if I combine my home and auto insurance together in 02347?

  • • Autoowners in 02347 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 Lakeville area, check out other zip codes nearby 02347.
Review average rates in another zip code:
02347 homeowners insurance rates

Home Replacement Cost Coverage in 02347

Average Building Cost Per Square Foot in 02347: $271

Location: Lakeville, Massachusetts (Plymouth County)

Average Square Footage in 02347: 1,582 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 02347 before you start any project. Lakeville 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 02347 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 02347 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,582 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 Lakeville 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$2711,582$428,600
Additional Upgrades & Added Features$3391,582$535,750
Major Home Updates or Advancements$4071,582$642,900

It's important to understand that when you estimate your replacement cost of your home in the 02347 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 02347

Best Home & Auto Insurance Agencies in 02347

Housing Demographics for 02347

Population Review for 02347 Zip Code

For the city of Lakeville, the population within 02347 has increased to over 12,455 residents in population size. The current population total is 11,523. We have broken down the population based on race below. In 02347, there are over 5643 in male population and 5880 females.

PopulationValues
Total Population11,523
White Population10577
Black Population104
Hispanic Population257
Asian Population151
Hawaiian Population2
Indian Population17
Other Population115
Male Population5643
Female Population5880
Population Estimate12455

Household Data for 02347

The average number of homes in 02347 is around 4,240, there are an average of 2.71 per household. The average house value according to local real estate values is around $428,600. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode4,240
Persons Per Household2.71
Average House Value$428,600
Income Per Household$112240
Median Age45.3
Median Age Male44.3
Median Age Female46.3
02347 DetailsValues
StateMA
State Full NameMassachusetts
City TypeB
City Alias Abbreviation
Area Code774
CityLakeville
City Alias NameLAKEVILLE
CountyPlymouth
County FIPS023
State FIPS25
Time Zone5
Day Light SavingY
MSA1122
PMSA1200
CSA148
CBSA14460
CBSA_DIV14454
CBSA_TypeMetro
CBSA_NameBoston-Cambridge-Newton, MA-NH
MSA_NameBoston-Worcester-Lawrence, MA-NH-ME-CT CMSA
PMSA_NameBrockton, MA PMSA
RegionNortheast
DivisionNew England
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses307
Number Of Employees2559
Business First Quarter Payroll36660
Business Annual Payroll192940
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 District04
Congressional LandArea668.27
Delivery Residential4596
Delivery Business294
Delivery Total5656
Preferred Last Line KeyV21957
Classification Code
Multi-County
CSA NameBoston-Worcester-Providence, MA-RI-NH
CBSA_DIV_NameBoston, MA
City State KeyV21957
Land Area29.597000
Water Area6.523000
City Alias Code
City Mixed CaseLakeville
City Alias Mixed CaseLakeville
Box Count180
SFDU3385
MFDU271
State ANSI25
County ANSI023
ZIP Intro
Alias Intro
Facility CodeB
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number249999
Unique ZIP Name
SSA State County Code22150
Medicare CBSA Code14454
Medicare CBSA NameBoston, MA
Medicare CBSA TypeMetro
Market Rating Area ID0
County Mixed CasePlymouth

Massachusetts Homeowners Insurance News & Information

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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 […]