Compare 55448 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Minneapolis just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 10,635 neighbors looking to save on their home insurance policy in the local 55448 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 55448. So how do we provide affordable home insurance quotes? We use your home details from our online quoting application to compare the best Minnesota 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 Minneapolis, MN 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 Minneapolis, MN

55448 Home Insurance Average Premiums

Local 55448 homeowners insurance quotes comparison

$822 /yr.

Shows Zip Code: 55448 lowest rates with discounts applied on average.

For the 55448, 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)	$822 /yr.
Average Coverage:	$1072 /yr.
2600 sq. ft. or higher (all discounts applied)	$1372 /yr.

What is the average home insurance cost for a home in 55448?

• The average homeowners insurance premium paid annually for a home in 55448 is around $1072 per year.

What does it cost on average per month for home insurance in 55448?

• Homeowners in 55448 pay a monthly average cost per month around $89.00.

What kind of discount could I get if I combine my home and auto insurance together in 55448?

• Autoowners in 55448 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 55448.
Review average rates in another zip code:
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Home Replacement Cost Coverage in 55448

Average Building Cost Per Square Foot in 55448: $188

Location: Minneapolis, Minnesota (Anoka County)

Average Square Footage in 55448: 1,299 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 55448 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 55448 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 55448 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,299 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 Status	Price per Sq. Ft.	Square Feet	Dwelling Coverage
Basic Home Features	$188	1,299	$244,200
Additional Upgrades & Added Features	$235	1,299	$305,250
Major Home Updates or Advancements	$282	1,299	$366,300

Calculate Your Dwelling Coverage in 55448

It's important to understand that when you estimate your replacement cost of your home in the 55448 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 55448

Farmers Insurance Group - Agents Offices- Coon Rapids- Executive Park Offices- Andy Wester

Address: 10600 University Ave NW Minneapolis, MN 55448
Phone:
Website: http://www.farmers.com
Info: Auto Insurance Quotes | Home, Life & Car Insurance | Farmers Insurance
Home, life and auto insurance quotes from Farmers Insurance Group. With discounts on car insurance and fast claim service its no wonder over 4000 customers a day switch to Farmers. Farmers Insurance group, auto insurance quotes, car insurance, auto insurance, automobile insurance, rate quote, business insurance, financial insurance, home insurance, mutual funds, life insurance, motorcycle insurance, farmers agent, renters insurance,

Jennifer L Gohman Ins Agency Inc - Farmers Insurance

Address: 3200 Main St NW, #340 Coon Rapids, MN 55448
Phone:
Website: http://www.twincities.citysearch.com/profile/38515267/coon_rapids_mn/jennifer_l_gohman_ins_agency_inc_farmers_insurance.html
Info:

Housing Demographics for 55448

Population Review for 55448 Zip Code

For the city of Minneapolis, the population within 55448 has increased to over 29,351 residents in population size. The current population total is 28,970. We have broken down the population based on race below. In 55448, there are over 14132 in male population and 14838 females.

Population	Values
Total Population	28,970
White Population	21569
Black Population	2940
Hispanic Population	1275
Asian Population	1742
Hawaiian Population	8
Indian Population	216
Other Population	578
Male Population	14132
Female Population	14838
Population Estimate	29351

Household Data for 55448

The average number of homes in 55448 is around 10,635, there are an average of 2.70 per household. The average house value according to local real estate values is around $244,200. Please review the following demographics below for average income and media age.

Housing / Income Data	Values
Households Per Zipcode	10,635
Persons Per Household	2.70
Average House Value	$244,200
Income Per Household	$84572
Median Age	39.2
Median Age Male	38.0
Median Age Female	40.5

55448 Details	Values
State	MN
State Full Name	Minnesota
City Type	P
City Alias Abbreviation
Area Code	763
City	Minneapolis
City Alias Name	MINNEAPOLIS
County	Anoka
County FIPS	003
State FIPS	27
Time Zone	6
Day Light Saving	Y
MSA	5120
PMSA
CSA	378
CBSA	33460
CBSA_DIV
CBSA_Type	Metro
CBSA_Name	Minneapolis-St. Paul-Bloomington, MN-WI
MSA_Name	Minneapolis-St. Paul, MN-WI MSA
PMSA_Name
Region	Midwest
Division	West North Central
MailingName	Y

Economic & Growth Review	Values
Number Of Businesses	549
Number Of Employees	7735
Business First Quarter Payroll	65910
Business Annual Payroll	301324
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	3279833
CBSA Division Population	0
Congressional District	03\|06
Congressional LandArea	527.05\|2882.22
Delivery Residential	10871
Delivery Business	387
Delivery Total	13443
Preferred Last Line Key	Y25845
Classification Code
Multi-County
CSA Name	Minneapolis-St. Paul, MN-WI
CBSA_DIV_Name
City State Key	Y25845
Land Area	10.826000
Water Area	0.170000
City Alias Code
City Mixed Case	Minneapolis
City Alias Mixed Case	Minneapolis
Box Count	250
SFDU	7500
MFDU	841
State ANSI	27
County ANSI	003
ZIP Intro
Alias Intro
Facility Code	P
City Delivery Indicator	Y
Carrier Route Rate Sortation	D
Finance Number	266360
Unique ZIP Name
SSA State County Code	24010
Medicare CBSA Code	33460
Medicare CBSA Name	Minneapolis-St. Paul-Bloomington, MN-WI
Medicare CBSA Type	Metro
Market Rating Area ID	8
County Mixed Case	Anoka

Minnesota 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 55448!