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56243 Homeowners Insurance Quotes & Coverage Options

If you are looking to lower the cost of your homeowners insurance policy you have come to the right place. We have helped thousands of shoppers in 56243 zip code find a great new policy that offers the coverage they need at a price they can afford.

GetHomeInsuranceQuotes.com makes shopping for a new policy in Grove City, MN quick and easy. Our rates are super competitive and our agents can advise you on what coverages you need in 56243.

Shopping for insurance quotes on GetHomeInsuranceQuotes.com is always free and we will provide you with a free consultation to answer any questions you may have about coverages and rates.

If you are ready to start shopping for a great policy simply click the "Get Multiple Quotes Now" button, enter 56243 and start shopping.

Quickly and Easily Compare Average Rates for 56243

You can easily compare rates for your home in ZIP starting an online quoting application to "get quotes". Or search additional Grove City, MN home insurance quotes in your local city and review the most competitive coverages and premiums.

Average Policy Rates in 56243

Homeowners in Grove City are paying roughly $1134 per year for a homeowners policy. We can help you shave up to 40 percent off of your current homeowners premium. Get started now and shop up to 12 insurance quotes from nationwide insurers right now.

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56243 Home Insurance Average Premiums

Local 56243 homeowners insurance quotes comparison

$884 /yr.

Shows Zip Code: 56243 lowest rates with discounts applied on average.

For the 56243, 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)		$884 /yr.
Average Coverage:$1134 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1434 /yr.

What is the average home insurance cost for a home in 56243?

  • • The average homeowners insurance premium paid annually for a home in 56243 is around $1134 per year.

What does it cost on average per month for home insurance in 56243?

  • • Homeowners in 56243 pay a monthly average cost per month around $95.00.

What kind of discount could I get if I combine my home and auto insurance together in 56243?

  • • Autoowners in 56243 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 Grove City area, check out other zip codes nearby 56243.
Review average rates in another zip code:
56243 homeowners insurance rates

Home Replacement Cost Coverage in 56243

Average Building Cost Per Square Foot in 56243: $188

Location: Grove City, Minnesota (Meeker County)

Average Square Footage in 56243: 796 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 56243 before you start any project. Grove City 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 56243 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 56243 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 796 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 Grove City 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$188796$149,600
Additional Upgrades & Added Features$235796$187,000
Major Home Updates or Advancements$282796$224,400

It's important to understand that when you estimate your replacement cost of your home in the 56243 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 56243

Best Home & Auto Insurance Agencies in 56243

Housing Demographics for 56243

Population Review for 56243 Zip Code

For the city of Grove City, the population within 56243 has increased to over 1,467 residents in population size. The current population total is 1,690. We have broken down the population based on race below. In 56243, there are over 866 in male population and 824 females.

PopulationValues
Total Population1,690
White Population1590
Black Population2
Hispanic Population63
Asian Population5
Hawaiian Population0
Indian Population0
Other Population24
Male Population866
Female Population824
Population Estimate1467

Household Data for 56243

The average number of homes in 56243 is around 691, there are an average of 2.45 per household. The average house value according to local real estate values is around $149,600. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode691
Persons Per Household2.45
Average House Value$149,600
Income Per Household$60333
Median Age39.9
Median Age Male37.3
Median Age Female41.3
56243 DetailsValues
StateMN
State Full NameMinnesota
City TypeP
City Alias Abbreviation
Area Code320
CityGrove City
City Alias NameGROVE CITY
CountyMeeker
County FIPS093
State FIPS27
Time Zone6
Day Light SavingY
MSA
PMSA
CSA
CBSA
CBSA_DIV
CBSA_Type
CBSA_Name
MSA_Name
PMSA_Name
RegionMidwest
DivisionWest North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses36
Number Of Employees192
Business First Quarter Payroll1368
Business Annual Payroll6557
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population0
CBSA Division Population0
Congressional District07
Congressional LandArea33429.31
Delivery Residential599
Delivery Business11
Delivery Total743
Preferred Last Line KeyY25406
Classification Code
Multi-County
CSA Name
CBSA_DIV_Name
City State KeyY25406
Land Area92.728000
Water Area2.795000
City Alias Code
City Mixed CaseGrove City
City Alias Mixed CaseGrove City
Box Count86
SFDU565
MFDU34
State ANSI27
County ANSI093
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number263980
Unique ZIP Name
SSA State County Code24460
Medicare CBSA Code99924
Medicare CBSA NameRural Areas in MN
Medicare CBSA TypeMicro
Market Rating Area ID5
County Mixed CaseMeeker

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 […]

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  • 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 […]