Get multiple home insurance quotes in 55435. Our licensed 55435, MN agents are ready to serve you.

55435 Homeowners Insurance Rate Quotes

Are you shopping for homeowners insurance quotes in 55435? Our rates are very competitive for homeowners living in Minneapolis, MN. Many homeowners based out of your 55435 area have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the carriers that we will shop for you. Plus, our homeowners insurance quotes are free and our Minnesota licensed agents can provide a free consultation service to you that allows you to ask questions about the rates and coverage options. To start a free home insurance quote, simply click the "Get Multiple Quotes Now" button. Your 55435 should appear in the zip code field ready to go. For Minneapolis, MN Home Insurance Rate Quotes click to review the best rates and service online!

55435 Average Premium is Rated: High!

Homeowners living in 55435 can easily save up to 40% off the average home insurance premium of $1131 a year by comparing rates with us at GetHomeInsuranceQuotes.com. You don't have to do the research to find the best company, rate and coverage options. We have already done this for you. We have 12 major carriers in Minneapolis that are all very competitive and have the best rate and coverage option available. All you need to do is request quotes online for zip code 55435 and we will help you compare prices and apply all available discounts. If you want savings and also need help deciding which policy is best for you, than let us help you compare multiple rates today!

Get Multiple Home Insurance Rates in 55435!

55435 Home Insurance Average Premiums

Local 55435 homeowners insurance quotes comparison

$881 /yr.

Shows Zip Code: 55435 lowest rates with discounts applied on average.

For the 55435, 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)
$881 /yr.
Average Coverage:$1131 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1431 /yr.

What is the average home insurance cost for a home in 55435?

  • • The average homeowners insurance premium paid annually for a home in 55435 is around $1131 per year.

What does it cost on average per month for home insurance in 55435?

  • • Homeowners in 55435 pay a monthly average cost per month around $94.00.

What kind of discount could I get if I combine my home and auto insurance together in 55435?

  • • Autoowners in 55435 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 Minneapolis area, check out other zip codes nearby 55435.
Review average rates in another zip code:
55435 homeowners insurance rates
55444 homeowners insurance rates
55412 homeowners insurance rates
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55427 homeowners insurance rates
55424 homeowners insurance rates
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55402 homeowners insurance rates
55429 homeowners insurance rates
55445 homeowners insurance rates

Home Replacement Cost Coverage in 55435

Average Building Cost Per Square Foot in 55435: $188

Location: Minneapolis, Minnesota (Hennepin County)

Average Square Footage in 55435: 1,508 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 55435 before you start any project. Minneapolis homeowners pay on average around $188 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 55435 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 55435 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,508 sq. ft. and the average cost to rebuild the home in this area is around $188 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 Minneapolis 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$1881,508$283,500
Additional Upgrades & Added Features$2351,508$354,375
Major Home Updates or Advancements$2821,508$425,250

It's important to understand that when you estimate your replacement cost of your home in the 55435 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 55435

David Agency Inc

Address: 6800 France Ave S Edina, MN 55435
Phone: (615)333-4455
Website:

Acordia Of Minnesota Inc

Address: 4300 Market Pointe Dr # 600 Minneapolis, MN 55435
Phone: (612)830-3000
Website:

Insurance Agents Group

Address: 4940 Viking Dr Edina, MN 55435
Phone: (952)896-0000
Website: www.insuranceagentsgroup.com

Best Home & Auto Insurance Agencies in 55435

David Agency Inc

Address: 6800 France Ave S Edina, MN 55435
Phone:
Website:
Info:

Joan Roisum Ins Agency Inc

Address: 7300 France Ave S Edina, MN 55435
Phone:
Website: http://www.joanroisum.com
Info:

Insurance Agents Group

Address: 4940 Viking Dr Edina, MN 55435
Phone:
Website: http://www.insuranceagentsgroup.com
Info:

Banker's Life and Casualty CO

Address: 4640 W 77th St Minneapolis, MN 55435
Phone:
Website:
Info:

New York Life Insurance

Address: 3600 Minnesota Dr Minneapolis, MN 55435
Phone:
Website:
Info:

Housing Demographics for 55435

Population Review for 55435 Zip Code

For the city of Minneapolis, the population within 55435 has increased to over 15,739 residents in population size. The current population total is 14,170. We have broken down the population based on race below. In 55435, there are over 6494 in male population and 7676 females.

PopulationValues
Total Population14,170
White Population9738
Black Population1013
Hispanic Population704
Asian Population2289
Hawaiian Population0
Indian Population48
Other Population377
Male Population6494
Female Population7676
Population Estimate15739

Household Data for 55435

The average number of homes in 55435 is around 7,204, there are an average of 1.89 per household. The average house value according to local real estate values is around $283,500. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode7,204
Persons Per Household1.89
Average House Value$283,500
Income Per Household$68511
Median Age45.1
Median Age Male39.8
Median Age Female51.2
55435 DetailsValues
StateMN
State Full NameMinnesota
City TypeP
City Alias Abbreviation
Area Code952/612/651/763
CityMinneapolis
City Alias NameMINNEAPOLIS
CountyHennepin
County FIPS053
State FIPS27
Time Zone6
Day Light SavingY
MSA5120
PMSA
CSA378
CBSA33460
CBSA_DIV
CBSA_TypeMetro
CBSA_NameMinneapolis-St. Paul-Bloomington, MN-WI
MSA_NameMinneapolis-St. Paul, MN-WI MSA
PMSA_Name
RegionMidwest
DivisionWest North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses1302
Number Of Employees31431
Business First Quarter Payroll569520
Business Annual Payroll2500393
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population3279833
CBSA Division Population0
Congressional District03
Congressional LandArea527.05
Delivery Residential8328
Delivery Business1120
Delivery Total12703
Preferred Last Line KeyY25845
Classification Code
Multi-County
CSA NameMinneapolis-St. Paul, MN-WI
CBSA_DIV_Name
City State KeyY25845
Land Area2.973000
Water Area0.136000
City Alias Code
City Mixed CaseMinneapolis
City Alias Mixed CaseMinneapolis
Box Count0
SFDU1534
MFDU6642
State ANSI27
County ANSI053
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number266360
Unique ZIP Name
SSA State County Code24260
Medicare CBSA Code33460
Medicare CBSA NameMinneapolis-St. Paul-Bloomington, MN-WI
Medicare CBSA TypeMetro
Market Rating Area ID8
County Mixed CaseHennepin

Minnesota Homeowners Insurance News & Information

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