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Compare 48051 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in New Baltimore just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 6,928 neighbors looking to save on their home insurance policy in the local 48051 zip code area. Our process is very simple, easy to use and hassle free. We help you shop and compare competitive rates for your home in 48051. So how do we provide affordable home insurance quotes? We use your home details from our online quoting application to compare the best Michigan rates and coverage options with over 12 major carriers. Then we evaluate the best coverage and apply all the discounts and credits to help you save an additional 40%. We do all of this and more and our service online or over the phone is free. Let us help you compare your New Baltimore, MI home insurance rates today!

For more information about homeowners insurance, like average home insurance rates, coverage options or home insurance types, please select Home Insurance Rates in New Baltimore, MI

48051 Home Insurance Average Premiums

Local 48051 homeowners insurance quotes comparison

$455 /yr.

Shows Zip Code: 48051 lowest rates with discounts applied on average.

For the 48051, 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)		$455 /yr.
Average Coverage:$705 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1005 /yr.

What is the average home insurance cost for a home in 48051?

  • • The average homeowners insurance premium paid annually for a home in 48051 is around $705 per year.

What does it cost on average per month for home insurance in 48051?

  • • Homeowners in 48051 pay a monthly average cost per month around $59.00.

What kind of discount could I get if I combine my home and auto insurance together in 48051?

  • • Autoowners in 48051 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 New Baltimore area, check out other zip codes nearby 48051.
Review average rates in another zip code:
48051 homeowners insurance rates
48047 homeowners insurance rates

Home Replacement Cost Coverage in 48051

Average Building Cost Per Square Foot in 48051: $132

Location: New Baltimore, Michigan (Macomb County)

Average Square Footage in 48051: 1,567 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 48051 before you start any project. New Baltimore homeowners pay on average around $132 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 48051 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 48051 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,567 sq. ft. and the average cost to rebuild the home in this area is around $132 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 New Baltimore 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$1321,567$206,900
Additional Upgrades & Added Features$1651,567$258,625
Major Home Updates or Advancements$1981,567$310,350

It's important to understand that when you estimate your replacement cost of your home in the 48051 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 48051

Best Home & Auto Insurance Agencies in 48051

Schram- Kathryn M

Address: 48875 Gratiot Ave Chesterfield, MI 48051
Phone:
Website:
Info:

Housing Demographics for 48051

Population Review for 48051 Zip Code

For the city of New Baltimore, the population within 48051 has increased to over 19,805 residents in population size. The current population total is 17,718. We have broken down the population based on race below. In 48051, there are over 8587 in male population and 9131 females.

PopulationValues
Total Population17,718
White Population14560
Black Population1359
Hispanic Population779
Asian Population193
Hawaiian Population5
Indian Population47
Other Population243
Male Population8587
Female Population9131
Population Estimate19805

Household Data for 48051

The average number of homes in 48051 is around 6,928, there are an average of 2.55 per household. The average house value according to local real estate values is around $206,900. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode6,928
Persons Per Household2.55
Average House Value$206,900
Income Per Household$80644
Median Age40.1
Median Age Male38.7
Median Age Female41.3
48051 DetailsValues
StateMI
State Full NameMichigan
City TypeP
City Alias Abbreviation
Area Code586
CityNew Baltimore
City Alias NameNEW BALTIMORE
CountyMacomb
County FIPS099
State FIPS26
Time Zone5
Day Light SavingY
MSA2162
PMSA2160
CSA220
CBSA19820
CBSA_DIV47664
CBSA_TypeMetro
CBSA_NameDetroit-Warren-Dearborn, MI
MSA_NameDetroit-Ann Arbor-Flint, MI CMSA
PMSA_NameDetroit, MI PMSA
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses528
Number Of Employees9953
Business First Quarter Payroll89370
Business Annual Payroll390946
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population4296250
CBSA Division Population2475666
Congressional District09
Congressional LandArea183.59
Delivery Residential7767
Delivery Business601
Delivery Total8179
Preferred Last Line KeyY12448
Classification Code
Multi-County
CSA NameDetroit-Warren-Ann Arbor, MI
CBSA_DIV_NameWarren-Troy-Farmington Hills, MI
City State KeyY12448
Land Area14.188000
Water Area0.080000
City Alias Code
City Mixed CaseNew Baltimore
City Alias Mixed CaseNew Baltimore
Box Count0
SFDU3946
MFDU0
State ANSI26
County ANSI099
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number256650
Unique ZIP Name
SSA State County Code23490
Medicare CBSA Code47664
Medicare CBSA NameWarren-Troy-Farmington Hills, MI
Medicare CBSA TypeMetro
Market Rating Area ID2
County Mixed CaseMacomb

Michigan Homeowners Insurance News & Information

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    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

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  • 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 […]