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02702 Homeowners Insurance Quotes & Coverage Options

For homeowners like you shopping online for home insurance quotes in the 02702 zip code it's important to know that our rates are very competitive for homeowners living in Assonet, MA. Many homeowners based out of your 02702 area have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, 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 the rates and coverage options. To start a free home insurance quote, simply click the "Get Multiple Quotes Now" button. Your 02702 should appear in the zip code field ready to go. For Assonet, MA Homeowners Insurance Quotes nearby, we offer the best rates and service.

02702: Average Home Insurance Rates

For homeowners living in the great city of Assonet, the average homeowners policy is considered very high in comparison to other states. Massachusetts premiums are estimated to be around $1208 per year for homeowners insurance rates. You can easily save up to 40% or more, let us help you shop multiple home insurance quotes for free.

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02702 Home Insurance Average Premiums

Local 02702 homeowners insurance quotes comparison

$958 /yr.

Shows Zip Code: 02702 lowest rates with discounts applied on average.

For the 02702, 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)
$958 /yr.
Average Coverage:$1208 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1508 /yr.

What is the average home insurance cost for a home in 02702?

  • • The average homeowners insurance premium paid annually for a home in 02702 is around $1208 per year.

What does it cost on average per month for home insurance in 02702?

  • • Homeowners in 02702 pay a monthly average cost per month around $101.00.

What kind of discount could I get if I combine my home and auto insurance together in 02702?

  • • Autoowners in 02702 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 Assonet area, check out other zip codes nearby 02702.
Review average rates in another zip code:
02702 homeowners insurance rates

Home Replacement Cost Coverage in 02702

Average Building Cost Per Square Foot in 02702: $271

Location: Assonet, Massachusetts (Bristol County)

Average Square Footage in 02702: 1,464 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 02702 before you start any project. Assonet 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 02702 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 02702 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,464 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 Assonet 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$2711,464$396,700
Additional Upgrades & Added Features$3391,464$495,875
Major Home Updates or Advancements$4071,464$595,050

It's important to understand that when you estimate your replacement cost of your home in the 02702 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 02702

Best Home & Auto Insurance Agencies in 02702

Housing Demographics for 02702

Population Review for 02702 Zip Code

For the city of Assonet, the population within 02702 has increased to over 3,973 residents in population size. The current population total is 4,267. We have broken down the population based on race below. In 02702, there are over 2145 in male population and 2122 females.

PopulationValues
Total Population4,267
White Population3953
Black Population34
Hispanic Population92
Asian Population39
Hawaiian Population1
Indian Population1
Other Population30
Male Population2145
Female Population2122
Population Estimate3973

Household Data for 02702

The average number of homes in 02702 is around 1,546, there are an average of 2.69 per household. The average house value according to local real estate values is around $396,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode1,546
Persons Per Household2.69
Average House Value$396,700
Income Per Household$105515
Median Age44.1
Median Age Male43.0
Median Age Female44.9
02702 DetailsValues
StateMA
State Full NameMassachusetts
City TypeP
City Alias Abbreviation
Area Code774/508
CityAssonet
City Alias NameASSONET
CountyBristol
County FIPS005
State FIPS25
Time Zone5
Day Light SavingY
MSA1122
PMSA1120
CSA148
CBSA39300
CBSA_DIV
CBSA_TypeMetro
CBSA_NameProvidence-Warwick, RI-MA
MSA_NameBoston-Worcester-Lawrence, MA-NH-ME-CT CMSA
PMSA_NameBoston, MA-NH PMSA
RegionNortheast
DivisionNew England
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses127
Number Of Employees2434
Business First Quarter Payroll32270
Business Annual Payroll137261
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population1600852
CBSA Division Population0
Congressional District04
Congressional LandArea668.27
Delivery Residential1477
Delivery Business37
Delivery Total2001
Preferred Last Line KeyV21432
Classification Code
Multi-County
CSA NameBoston-Worcester-Providence, MA-RI-NH
CBSA_DIV_Name
City State KeyV21432
Land Area16.803000
Water Area1.132000
City Alias Code
City Mixed CaseAssonet
City Alias Mixed CaseAssonet
Box Count239
SFDU1463
MFDU0
State ANSI25
County ANSI005
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number240306
Unique ZIP Name
SSA State County Code22020
Medicare CBSA Code39300
Medicare CBSA NameProvidence-Warwick, RI-MA
Medicare CBSA TypeMetro
Market Rating Area ID0
County Mixed CaseBristol

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 […]