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02564, MA Homeowners Insurance Rates

With a population size of 703 and with 331 occupied homes in the 02564 area, our online shopping service is becoming very helpful for homeowners like you. The average home insurance premiums in Siasconset, MA are around $1,107 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 Siasconset, 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 Siasconset, MA.

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

02564 Home Insurance Average Premiums

Local 02564 homeowners insurance quotes comparison

$857 /yr.

Shows Zip Code: 02564 lowest rates with discounts applied on average.

For the 02564, 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)
$857 /yr.
Average Coverage:$1107 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1407 /yr.

What is the average home insurance cost for a home in 02564?

  • • The average homeowners insurance premium paid annually for a home in 02564 is around $1107 per year.

What does it cost on average per month for home insurance in 02564?

  • • Homeowners in 02564 pay a monthly average cost per month around $92.00.

What kind of discount could I get if I combine my home and auto insurance together in 02564?

  • • Autoowners in 02564 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 Siasconset area, check out other zip codes nearby 02564.
Review average rates in another zip code:
02564 homeowners insurance rates

Home Replacement Cost Coverage in 02564

Average Building Cost Per Square Foot in 02564: $271

Location: Siasconset, Massachusetts (Nantucket County)

Average Square Footage in 02564: 7,380 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 02564 before you start any project. Siasconset 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 02564 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 02564 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 7,380 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 Siasconset 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$2717,380$2,000,000
Additional Upgrades & Added Features$3397,380$2,500,000
Major Home Updates or Advancements$4077,380$3,000,000

It's important to understand that when you estimate your replacement cost of your home in the 02564 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 02564

Best Home & Auto Insurance Agencies in 02564

Housing Demographics for 02564

Population Review for 02564 Zip Code

For the city of Siasconset, the population within 02564 has increased to over 0 residents in population size. The current population total is 703. We have broken down the population based on race below. In 02564, there are over 317 in male population and 386 females.

PopulationValues
Total Population703
White Population612
Black Population16
Hispanic Population50
Asian Population6
Hawaiian Population0
Indian Population0
Other Population19
Male Population317
Female Population386
Population Estimate0

Household Data for 02564

The average number of homes in 02564 is around 331, there are an average of 2.08 per household. The average house value according to local real estate values is around $2,000,000. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode331
Persons Per Household2.08
Average House Value$2,000,000
Income Per Household$119519
Median Age52.5
Median Age Male50.9
Median Age Female54.1
02564 DetailsValues
StateMA
State Full NameMassachusetts
City TypeZ
City Alias Abbreviation
Area Code508/774
CitySiasconset
City Alias NameSIASCONSET
CountyNantucket
County FIPS019
State FIPS25
Time Zone5
Day Light SavingY
MSA
PMSA
CSA
CBSA34880
CBSA_DIV
CBSA_TypeMicro
CBSA_NameNantucket, MA
MSA_Name
PMSA_Name
RegionNortheast
DivisionNew England
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses20
Number Of Employees56
Business First Quarter Payroll1213
Business Annual Payroll12790
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population0
CBSA Division Population0
Congressional District09
Congressional LandArea1214.74
Delivery Residential0
Delivery Business0
Delivery Total944
Preferred Last Line KeyV22450
Classification CodeP
Multi-County
CSA Name
CBSA_DIV_Name
City State KeyV22450
Land Area6.069000
Water Area1.181000
City Alias Code
City Mixed CaseSiasconset
City Alias Mixed CaseSiasconset
Box Count758
SFDU0
MFDU0
State ANSI25
County ANSI019
ZIP Intro
Alias Intro
Facility CodeB
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number244998
Unique ZIP Name
SSA State County Code22120
Medicare CBSA Code99922
Medicare CBSA NameRural Areas in MA
Medicare CBSA TypeMicro
Market Rating Area ID0
County Mixed CaseNantucket

Massachusetts Homeowners Insurance News & Information

  • 2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024

    According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges.  Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]

  • What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024

    A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly.  The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]

  • $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 […]