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49089 Home Insurance Quotes, Rates & Coverage

Are you looking for the right homeowners insurance policy at an affordable price for your home in 49089? There are over 641 occupied homes in the 49089 area. With a population size of 1,672, it's not uncommon for residence of Sherwood, MI to want to find cheaper home insurance rates online. The average premium for a standard HO-3 home insurance policy for homeowners living in Michigan is around $775 per year. At GetHomeInsuranceQuotes.com, we help you easily compare up to 12 home insurance rates from the top rated insurance companies. We also help you save money by applying all the home insurance credits and discounts available helping you save up to 40% or more on your next homeowners policy. Enter your 49089 zip code today to compare multiple rates and coverage options for your existing policy or a new home purchase.

For additional information about average home insurance rates, premiums or home insurance types, please review your city information: Sherwood, MI Home Insurance Rate Quotes

49089 Home Insurance Average Premiums

Local 49089 homeowners insurance quotes comparison

$525 /yr.

Shows Zip Code: 49089 lowest rates with discounts applied on average.

For the 49089, 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)		$525 /yr.
Average Coverage:$775 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1075 /yr.

What is the average home insurance cost for a home in 49089?

  • • The average homeowners insurance premium paid annually for a home in 49089 is around $775 per year.

What does it cost on average per month for home insurance in 49089?

  • • Homeowners in 49089 pay a monthly average cost per month around $65.00.

What kind of discount could I get if I combine my home and auto insurance together in 49089?

  • • Autoowners in 49089 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 Sherwood area, check out other zip codes nearby 49089.
Review average rates in another zip code:
49089 homeowners insurance rates

Home Replacement Cost Coverage in 49089

Average Building Cost Per Square Foot in 49089: $132

Location: Sherwood, Michigan (Branch County)

Average Square Footage in 49089: 861 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 49089 before you start any project. Sherwood 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 49089 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 49089 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 861 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 Sherwood 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$132861$113,600
Additional Upgrades & Added Features$165861$142,000
Major Home Updates or Advancements$198861$170,400

It's important to understand that when you estimate your replacement cost of your home in the 49089 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 49089

Best Home & Auto Insurance Agencies in 49089

Housing Demographics for 49089

Population Review for 49089 Zip Code

For the city of Sherwood, the population within 49089 has increased to over 1,777 residents in population size. The current population total is 1,672. We have broken down the population based on race below. In 49089, there are over 834 in male population and 838 females.

PopulationValues
Total Population1,672
White Population1519
Black Population17
Hispanic Population41
Asian Population2
Hawaiian Population0
Indian Population4
Other Population11
Male Population834
Female Population838
Population Estimate1777

Household Data for 49089

The average number of homes in 49089 is around 641, there are an average of 2.61 per household. The average house value according to local real estate values is around $113,600. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode641
Persons Per Household2.61
Average House Value$113,600
Income Per Household$51513
Median Age45.1
Median Age Male45.2
Median Age Female45.0
49089 DetailsValues
StateMI
State Full NameMichigan
City TypeP
City Alias Abbreviation
Area Code517
CitySherwood
City Alias NameSHERWOOD
CountyBranch
County FIPS023
State FIPS26
Time Zone5
Day Light SavingY
MSA
PMSA
CSA
CBSA17740
CBSA_DIV
CBSA_TypeMicro
CBSA_NameColdwater, MI
MSA_Name
PMSA_Name
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses4
Number Of Employees10
Business First Quarter Payroll108
Business Annual Payroll494
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population45248
CBSA Division Population0
Congressional District05
Congressional LandArea2348.7
Delivery Residential681
Delivery Business6
Delivery Total714
Preferred Last Line KeyY12776
Classification Code
Multi-County
CSA Name
CBSA_DIV_Name
City State KeyY12776
Land Area37.789000
Water Area0.607000
City Alias Code
City Mixed CaseSherwood
City Alias Mixed CaseSherwood
Box Count23
SFDU652
MFDU2
State ANSI26
County ANSI023
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number258640
Unique ZIP Name
SSA State County Code23110
Medicare CBSA Code99923
Medicare CBSA NameRural Areas in MI
Medicare CBSA TypeMicro
Market Rating Area ID10
County Mixed CaseBranch

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