49953 Home Insurance Quotes, Rates & Coverage

Are you looking for the right homeowners insurance policy at an affordable price for your home in 49953? There are over 1,275 occupied homes in the 49953 area. With a population size of 2,541, it's not uncommon for residence of Ontonagon, 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 $745 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 49953 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: Ontonagon, MI Home Insurance Rate Quotes

49953 Home Insurance Average Premiums

Local 49953 homeowners insurance quotes comparison

$495 /yr.

Shows Zip Code: 49953 lowest rates with discounts applied on average.

For the 49953, 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)	$495 /yr.
Average Coverage:	$745 /yr.
2600 sq. ft. or higher (all discounts applied)	$1045 /yr.

What is the average home insurance cost for a home in 49953?

• The average homeowners insurance premium paid annually for a home in 49953 is around $745 per year.

What does it cost on average per month for home insurance in 49953?

• Homeowners in 49953 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 49953?

• Autoowners in 49953 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 Ontonagon area, check out other zip codes nearby 49953.
Review average rates in another zip code:
49953 homeowners insurance rates

Home Replacement Cost Coverage in 49953

Average Building Cost Per Square Foot in 49953: $132

Location: Ontonagon, Michigan (Ontonagon County)

Average Square Footage in 49953: 584 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 49953 before you start any project. Ontonagon 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 49953 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 49953 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 584 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 Ontonagon 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	584	$77,100
Additional Upgrades & Added Features	$165	584	$96,375
Major Home Updates or Advancements	$198	584	$115,650

Calculate Your Dwelling Coverage in 49953

It's important to understand that when you estimate your replacement cost of your home in the 49953 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 49953

State Farm Insurance Agent

Address: 319 River St Ontonagon, MI 49953
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

Housing Demographics for 49953

Population Review for 49953 Zip Code

For the city of Ontonagon, the population within 49953 has increased to over 2,595 residents in population size. The current population total is 2,541. We have broken down the population based on race below. In 49953, there are over 1260 in male population and 1281 females.

Population	Values
Total Population	2,541
White Population	2382
Black Population	3
Hispanic Population	37
Asian Population	12
Hawaiian Population	1
Indian Population	17
Other Population	6
Male Population	1260
Female Population	1281
Population Estimate	2595

Household Data for 49953

The average number of homes in 49953 is around 1,275, there are an average of 1.95 per household. The average house value according to local real estate values is around $77,100. Please review the following demographics below for average income and media age.

Housing / Income Data	Values
Households Per Zipcode	1,275
Persons Per Household	1.95
Average House Value	$77,100
Income Per Household	$47974
Median Age	59.1
Median Age Male	59.1
Median Age Female	59.1

49953 Details	Values
State	MI
State Full Name	Michigan
City Type	P
City Alias Abbreviation
Area Code	906
City	Ontonagon
City Alias Name	ONTONAGON
County	Ontonagon
County FIPS	131
State FIPS	26
Time Zone	5
Day Light Saving	Y
MSA
PMSA
CSA
CBSA
CBSA_DIV
CBSA_Type
CBSA_Name
MSA_Name
PMSA_Name
Region	Midwest
Division	East North Central
MailingName	Y

Economic & Growth Review	Values
Number Of Businesses	76
Number Of Employees	450
Business First Quarter Payroll	3892
Business Annual Payroll	18546
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	0
CBSA Division Population	0
Congressional District	01
Congressional LandArea	25027.75
Delivery Residential	1331
Delivery Business	114
Delivery Total	1610
Preferred Last Line Key	Y12518
Classification Code
Multi-County
CSA Name
CBSA_DIV_Name
City State Key	Y12518
Land Area	464.949000
Water Area	1.495000
City Alias Code
City Mixed Case	Ontonagon
City Alias Mixed Case	Ontonagon
Box Count	124
SFDU	1303
MFDU	28
State ANSI	26
County ANSI	131
ZIP Intro
Alias Intro
Facility Code	P
City Delivery Indicator	Y
Carrier Route Rate Sortation	C
Finance Number	257070
Unique ZIP Name
SSA State County Code	23650
Medicare CBSA Code	99923
Medicare CBSA Name	Rural Areas in MI
Medicare CBSA Type	Micro
Market Rating Area ID	16
County Mixed Case	Ontonagon

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
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 49953!