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Home Insurance in 07945

Our rates are very competitive for homeowners living in the 07945 zip code. Many homeowners based out of Mendham, NJ 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 home insurance quotes are free and our NJ 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 07945 should appear in the zip code field ready to go.

07945 Average Home Insurance Rates

Are you looking for a standard HO-3 homeowners policy for your single family home in the Mendham area? The average homeowners premium in 07945 is high in comparison to other states. For example, the national average is $1,249 per year for home insurance coverage for a basic home insurance policy. For homeowners living in the 07945, you can expect to pay around $903 per year for homeowners coverage. If you want to see which company has the best rates and coverage options, than easily compare rates with us. You can review each premium and we can help explain any question that you may have about different types of coverages and what is best for you and your family.

Get Home Insurance Coverage in 07945 Today!

Get Home Insurance Quotes in 07945

We can shop up to 12 home insurance quotes for you easily online. You can find out more by exploring one of the three links below to review average homeowners insurance rates in the great state of New Jersey. Start your 07945 home insurance shopping today!

  1. Mendham, NJ Home Insurance Quotes

07945 Home Insurance Average Premiums

Local 07945 homeowners insurance quotes comparison

$653 /yr.

Shows Zip Code: 07945 lowest rates with discounts applied on average.

For the 07945, 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)		$653 /yr.
Average Coverage:$903 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1203 /yr.

What is the average home insurance cost for a home in 07945?

  • • The average homeowners insurance premium paid annually for a home in 07945 is around $903 per year.

What does it cost on average per month for home insurance in 07945?

  • • Homeowners in 07945 pay a monthly average cost per month around $75.00.

What kind of discount could I get if I combine my home and auto insurance together in 07945?

  • • Autoowners in 07945 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 Mendham area, check out other zip codes nearby 07945.
Review average rates in another zip code:
07945 homeowners insurance rates

Home Replacement Cost Coverage in 07945

Average Building Cost Per Square Foot in 07945: $193

Location: Mendham, New Jersey (Morris County)

Average Square Footage in 07945: 4,015 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 07945 before you start any project. Mendham homeowners pay on average around $193 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 07945 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 07945 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 4,015 sq. ft. and the average cost to rebuild the home in this area is around $193 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 Mendham 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$1934,015$774,800
Additional Upgrades & Added Features$2414,015$968,500
Major Home Updates or Advancements$2904,015$1,162,200

It's important to understand that when you estimate your replacement cost of your home in the 07945 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 07945

Best Home & Auto Insurance Agencies in 07945

Housing Demographics for 07945

Population Review for 07945 Zip Code

For the city of Mendham, the population within 07945 has increased to over 9,759 residents in population size. The current population total is 9,875. We have broken down the population based on race below. In 07945, there are over 4783 in male population and 5092 females.

PopulationValues
Total Population9,875
White Population8378
Black Population124
Hispanic Population577
Asian Population511
Hawaiian Population0
Indian Population8
Other Population159
Male Population4783
Female Population5092
Population Estimate9759

Household Data for 07945

The average number of homes in 07945 is around 3,295, there are an average of 2.93 per household. The average house value according to local real estate values is around $774,800. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode3,295
Persons Per Household2.93
Average House Value$774,800
Income Per Household$210846
Median Age46.0
Median Age Male44.5
Median Age Female47.4
07945 DetailsValues
StateNJ
State Full NameNew Jersey
City TypeP
City Alias Abbreviation
Area Code862/973
CityMendham
City Alias NameMENDHAM
CountyMorris
County FIPS027
State FIPS34
Time Zone5
Day Light SavingY
MSA5602
PMSA5640
CSA408
CBSA35620
CBSA_DIV35084
CBSA_TypeMetro
CBSA_NameNew York-Newark-Jersey City, NY-NJ
MSA_NameNew York-Northern New Jersey-Long Island, NY-NJ-CT-PA
PMSA_NameNewark, NJ PMSA
RegionNortheast
DivisionMiddle Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses245
Number Of Employees1615
Business First Quarter Payroll18291
Business Annual Payroll82226
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population18897109
CBSA Division Population2090358
Congressional District07|11
Congressional LandArea970.19|504.97
Delivery Residential3331
Delivery Business144
Delivery Total4332
Preferred Last Line KeyV10876
Classification Code
Multi-County
CSA NameNew York-Newark, NY-NJ-CT-PA
CBSA_DIV_NameNewark, NJ
City State KeyV10876
Land Area19.481000
Water Area0.297000
City Alias Code
City Mixed CaseMendham
City Alias Mixed CaseMendham
Box Count128
SFDU3244
MFDU39
State ANSI34
County ANSI027
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number335010
Unique ZIP Name
SSA State County Code31300
Medicare CBSA Code35084
Medicare CBSA NameNewark, NJ-PA
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseMorris

New Jersey Homeowners Insurance News & Information

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