Compare 49507 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Grand Rapids just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 12,796 neighbors looking to save on their home insurance policy in the local 49507 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 49507. 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 Grand Rapids, 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 Grand Rapids, MI

49507 Home Insurance Average Premiums

Local 49507 homeowners insurance quotes comparison

$521 /yr.

Shows Zip Code: 49507 lowest rates with discounts applied on average.

For the 49507, 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)	$521 /yr.
Average Coverage:	$771 /yr.
2600 sq. ft. or higher (all discounts applied)	$1071 /yr.

What is the average home insurance cost for a home in 49507?

• The average homeowners insurance premium paid annually for a home in 49507 is around $771 per year.

What does it cost on average per month for home insurance in 49507?

• Homeowners in 49507 pay a monthly average cost per month around $64.00.

What kind of discount could I get if I combine my home and auto insurance together in 49507?

• Autoowners in 49507 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 Grand Rapids area, check out other zip codes nearby 49507.
Review average rates in another zip code:
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Home Replacement Cost Coverage in 49507

Average Building Cost Per Square Foot in 49507: $132

Location: Grand Rapids, Michigan (Kent County)

Average Square Footage in 49507: 1,028 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 49507 before you start any project. Grand Rapids 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 49507 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 49507 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,028 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 Grand Rapids 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 Status	Price per Sq. Ft.	Square Feet	Dwelling Coverage
Basic Home Features	$132	1,028	$135,700
Additional Upgrades & Added Features	$165	1,028	$169,625
Major Home Updates or Advancements	$198	1,028	$203,550

Calculate Your Dwelling Coverage in 49507

It's important to understand that when you estimate your replacement cost of your home in the 49507 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 Home & Auto Insurance Agencies in 49507

Allstate Insurance Companies - Sales Offices- Grand Rapids

Address: 2435 Eastern Ave SE, #101 Grand Rapids, MI 49507
Phone:
Website: http://www.allstate.com
Info: Allstate Car Insurance Quotes, Home Insurance, Financial Products and More
Allstate auto insurance quotes and anonymous ballpark estimates to help protect you, your family and your automobile. Insurance and financial products include car insurance, home insurance, business insurance, life insurance, IRAs and annuities. car insurance, auto insurance quote, vehicle insurance, free online insurance quotes, rate quote, life insurance, annuities, mutual funds, IRAs, allstate insurance agent, allstate.com

Best Buy Insurance Agency Inc

Address: 2421 Eastern Ave SE Grand Rapids, MI 49507
Phone:
Website: http://www.bestbuyins.com
Info:

Nationwide Insurance & Finance

Address: 2435 Eastern Ave SE Grand Rapids, MI 49507
Phone:
Website:
Info:

Housing Demographics for 49507

Population Review for 49507 Zip Code

For the city of Grand Rapids, the population within 49507 has increased to over 38,210 residents in population size. The current population total is 38,137. We have broken down the population based on race below. In 49507, there are over 18660 in male population and 19477 females.

Population	Values
Total Population	38,137
White Population	12478
Black Population	13467
Hispanic Population	11811
Asian Population	373
Hawaiian Population	11
Indian Population	556
Other Population	7082
Male Population	18660
Female Population	19477
Population Estimate	38210

Household Data for 49507

The average number of homes in 49507 is around 12,796, there are an average of 2.96 per household. The average house value according to local real estate values is around $135,700. Please review the following demographics below for average income and media age.

Housing / Income Data	Values
Households Per Zipcode	12,796
Persons Per Household	2.96
Average House Value	$135,700
Income Per Household	$47216
Median Age	30.3
Median Age Male	29.6
Median Age Female	30.8

49507 Details	Values
State	MI
State Full Name	Michigan
City Type	P
City Alias Abbreviation
Area Code	616
City	Grand Rapids
City Alias Name	GRAND RAPIDS
County	Kent
County FIPS	081
State FIPS	26
Time Zone	5
Day Light Saving	Y
MSA	3000
PMSA
CSA	266
CBSA	24340
CBSA_DIV
CBSA_Type	Metro
CBSA_Name	Grand Rapids-Wyoming-Kentwood, MI
MSA_Name	Grand Rapids-Muskegon-Holland, MI MSA
PMSA_Name
Region	Midwest
Division	East North Central
MailingName	Y

Economic & Growth Review	Values
Number Of Businesses	432
Number Of Employees	6753
Business First Quarter Payroll	76220
Business Annual Payroll	336785
Business Employment Flag
Growth Rank	0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number	0
Growth Increase Percentage	0.0

Metropolitan Details	Values
CBSA Population	774160
CBSA Division Population	0
Congressional District	03
Congressional LandArea	2628.74
Delivery Residential	12909
Delivery Business	714
Delivery Total	13930
Preferred Last Line Key	Y11979
Classification Code
Multi-County
CSA Name	Grand Rapids-Wyoming, MI
CBSA_DIV_Name
City State Key	Y11979
Land Area	5.540000
Water Area	0.000000
City Alias Code
City Mixed Case	Grand Rapids
City Alias Mixed Case	Grand Rapids
Box Count	0
SFDU	12074
MFDU	744
State ANSI	26
County ANSI	081
ZIP Intro
Alias Intro
Facility Code	P
City Delivery Indicator	Y
Carrier Route Rate Sortation	D
Finance Number	253920
Unique ZIP Name
SSA State County Code	23400
Medicare CBSA Code	24340
Medicare CBSA Name	Grand Rapids-Kentwood, MI
Medicare CBSA Type	Metro
Market Rating Area ID	12
County Mixed Case	Kent

Michigan Homeowners Insurance News & Information

$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 […]
I can’t afford my home insurance, what do I do? Posted on Saturday 9th November, 2024
According to data from the National Association of Realtors (NAR), the average U.S. insurance rate is $2,377 a year. The data also suggest that homeowners could see a 6% rise in rates by the end of the year which is in addition to the 20% increase over the two previous years. As climate change pushes […]
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 […]

Home Insurance Quotes in 49507!