Get multiple home insurance quotes in 48096. Our licensed 48096, MI agents are ready to serve you.

48096, MI Home Insurance

In the zip code of 48096, the population size is around 3,780, which consists of 1,464 occupied homes in your area. We often hear homeowners ask us what the average home insurance premiums are for residence living in Ray, MI. A few years ago, a study was done and found that the average home insurance rates for Michigan are around $740 per year for a standard homeowners policy. At GetHomeInsuranceQuotes.com, we help homeowners find cheaper rates and better coverage for an existing or new home purchase opportunity. We have partnered with 12 major home insurance companies that have the most competitive rates for homes in the 48096 zip code location. Our savings model helps you not only save up to 40% or more, but also includes enhanced coverage options to help protect your home and family while livings in Ray. If you enter your zip code for the home you would like to shop and compare rates for today, we can help you review the premiums and coverage online or over the phone. Give us a call now at 1-855-976-2656 so we can help you compare rates today!

If you would like to review more information on rates within your area, please click Ray, MI Homeowners Insurance Online Rates Today!

48096 Home Insurance Average Premiums

Local 48096 homeowners insurance quotes comparison

$490 /yr.

Shows Zip Code: 48096 lowest rates with discounts applied on average.

For the 48096, 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)
$490 /yr.
Average Coverage:$740 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1040 /yr.

What is the average home insurance cost for a home in 48096?

  • • The average homeowners insurance premium paid annually for a home in 48096 is around $740 per year.

What does it cost on average per month for home insurance in 48096?

  • • Homeowners in 48096 pay a monthly average cost per month around $62.00.

What kind of discount could I get if I combine my home and auto insurance together in 48096?

  • • Autoowners in 48096 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 Ray area, check out other zip codes nearby 48096.
Review average rates in another zip code:
48096 homeowners insurance rates

Home Replacement Cost Coverage in 48096

Average Building Cost Per Square Foot in 48096: $132

Location: Ray, Michigan (Macomb County)

Average Square Footage in 48096: 2,467 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 48096 before you start any project. Ray 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 48096 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 48096 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,467 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 Ray 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$1322,467$325,700
Additional Upgrades & Added Features$1652,467$407,125
Major Home Updates or Advancements$1982,467$488,550

It's important to understand that when you estimate your replacement cost of your home in the 48096 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 48096

Best Home & Auto Insurance Agencies in 48096

Allstate Insurance Company - Jeff Babisz

Address: 58953 Romeo Plank Rd Ray Twp, MI 48096
Phone:
Website: http://www.allstateagencies.com/058011?cid=OTC-YP.com-IYP&att=TL
Info:

Housing Demographics for 48096

Population Review for 48096 Zip Code

For the city of Ray, the population within 48096 has increased to over 4,019 residents in population size. The current population total is 3,780. We have broken down the population based on race below. In 48096, there are over 1962 in male population and 1818 females.

PopulationValues
Total Population3,780
White Population3532
Black Population5
Hispanic Population105
Asian Population18
Hawaiian Population0
Indian Population10
Other Population38
Male Population1962
Female Population1818
Population Estimate4019

Household Data for 48096

The average number of homes in 48096 is around 1,464, there are an average of 2.58 per household. The average house value according to local real estate values is around $325,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode1,464
Persons Per Household2.58
Average House Value$325,700
Income Per Household$109250
Median Age48.4
Median Age Male48.7
Median Age Female48.1
48096 DetailsValues
StateMI
State Full NameMichigan
City TypeN
City Alias Abbreviation
Area Code586
CityRay
City Alias NameRAY
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 Businesses106
Number Of Employees425
Business First Quarter Payroll4318
Business Annual Payroll24397
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 Residential1558
Delivery Business59
Delivery Total1801
Preferred Last Line KeyY12636
Classification Code
Multi-County
CSA NameDetroit-Warren-Ann Arbor, MI
CBSA_DIV_NameWarren-Troy-Farmington Hills, MI
City State KeyY12636
Land Area36.521000
Water Area0.095000
City Alias Code
City Mixed CaseRay
City Alias Mixed CaseRay
Box Count0
SFDU1521
MFDU0
State ANSI26
County ANSI099
ZIP Intro
Alias Intro
Facility CodeN
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number258160
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

  • 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 […]