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Homeowners Insurance in 07960

In Morristown, NJ, our homeowners insurance rates are very competitive in price and coverage options. Many homeowners located in the 07960 zip code have found it very easy to shop with GetHomeInsuranceQuotes.com. When you start our quoting process, we will clearly showcase the carriers that we will shop for you. Plus, our home insurance quotes are free and our New Jersey licensed agents can provide a free consultation service to you that allows you to ask questions about the rates and coverage options. Best of all, you can get up to 12 competitive quotes for your home in 07960 all from one place. Our quoting process is hassle free and we do not spam. If you want to see real savings on your new home insurance policy, let us help you shop online home insurance quotes that are more affordable and have better coverage. To start a free home insurance quote, simply click the "Get Multiple Quotes Now" button. Your 07960 should appear in the zip code field ready to go.

07960 Homeowners Insurance Rates Are Considered: High!

If your looking for a standard homeowners policy in New Jersey, you are going to see rates around the average home insurance premium per year of $957. However, with our online quoting process, we can compare the most competitive rates for you. Plus, our professional advice will allow you to get the most out of your Morristown home insurance by making sure all the risk you may encounter will be covered. Homeowners insurance comes in a variety of different coverage options and we want to get you the best rate but also provide a dependable company and policy that you can stand behind when you need it the most.

Get 07960 Home Insurance Rates Now!

Best 3 Options to Compare in 07960

If you want homeowners insurance quotes within the city of Morristown or in the 07960 area then we can help you compare the most affordable options when it comes to getting a new homeowners insurance policy. Clicking on the link helps you find average home insurance rates in Morristown, NJ.

07960 Home Insurance Average Premiums

Local 07960 homeowners insurance quotes comparison

$707 /yr.

Shows Zip Code: 07960 lowest rates with discounts applied on average.

For the 07960, 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)
$707 /yr.
Average Coverage:$957 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1257 /yr.

What is the average home insurance cost for a home in 07960?

  • • The average homeowners insurance premium paid annually for a home in 07960 is around $957 per year.

What does it cost on average per month for home insurance in 07960?

  • • Homeowners in 07960 pay a monthly average cost per month around $80.00.

What kind of discount could I get if I combine my home and auto insurance together in 07960?

  • • Autoowners in 07960 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 Morristown area, check out other zip codes nearby 07960.
Review average rates in another zip code:
07960 homeowners insurance rates

Home Replacement Cost Coverage in 07960

Average Building Cost Per Square Foot in 07960: $193

Location: Morristown, New Jersey (Morris County)

Average Square Footage in 07960: 3,190 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 07960 before you start any project. Morristown 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 07960 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 07960 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 3,190 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 Morristown 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$1933,190$615,600
Additional Upgrades & Added Features$2413,190$769,500
Major Home Updates or Advancements$2903,190$923,400

It's important to understand that when you estimate your replacement cost of your home in the 07960 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 07960

CPI Insurance Inc

Address: 1201 Mt Kemble Ave Cpi Corp.O.Rate Ctr Morristown, NJ 07960
Phone: (201)425-0153
Website:

Best Home & Auto Insurance Agencies in 07960

CPI Insurance Inc

Address: 1201 Mt Kemble Ave Cpi Corp.O.Rate Ctr Morristown, NJ 07960
Phone:
Website:
Info:

Nilson Insurance Agency

Address: 86 Washington St, #1 Morristown, NJ 07960
Phone:
Website: http://www.northjersey.citysearch.com/profile/6774958/morristown_nj/nilson_insurance_agency.html
Info:

Allstate Insurance CO C-O the Cordone Agency

Address: 143 Washington St Morristown, NJ 07960
Phone:
Website:
Info:

Mercedes-Benz of Morristown

Address: 34 Ridgedale Ave Morristown, NJ 07960
Phone:
Website: http://www.mbofmorristown.com
Info:

Carella- George J - State Farm Insurance Agent

Address: 6 Wilmot St Morristown, NJ 07960
Phone:
Website:
Info:

Housing Demographics for 07960

Population Review for 07960 Zip Code

For the city of Morristown, the population within 07960 has increased to over 45,727 residents in population size. The current population total is 45,609. We have broken down the population based on race below. In 07960, there are over 22655 in male population and 22954 females.

PopulationValues
Total Population45,609
White Population29862
Black Population3117
Hispanic Population9691
Asian Population2506
Hawaiian Population21
Indian Population391
Other Population4909
Male Population22655
Female Population22954
Population Estimate45727

Household Data for 07960

The average number of homes in 07960 is around 17,905, there are an average of 2.47 per household. The average house value according to local real estate values is around $615,600. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode17,905
Persons Per Household2.47
Average House Value$615,600
Income Per Household$147949
Median Age39.6
Median Age Male37.5
Median Age Female41.8
07960 DetailsValues
StateNJ
State Full NameNew Jersey
City TypeP
City Alias Abbreviation
Area Code973/201/862
CityMorristown
City Alias NameMORRISTOWN
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 Businesses1649
Number Of Employees34293
Business First Quarter Payroll958027
Business Annual Payroll3386305
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 Residential18513
Delivery Business1708
Delivery Total22447
Preferred Last Line KeyV10956
Classification Code
Multi-County
CSA NameNew York-Newark, NY-NJ-CT-PA
CBSA_DIV_NameNewark, NJ
City State KeyV10956
Land Area34.616000
Water Area0.343000
City Alias Code
City Mixed CaseMorristown
City Alias Mixed CaseMorristown
Box Count0
SFDU11392
MFDU2483
State ANSI34
County ANSI027
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number335460
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

  • Buy Flood Insurance: What we learned from Hurricane Ida Posted on Monday 20th September, 2021

    On September 2, 2021, Parked cars in New Brunswick, New Jersey submerged underwater after Tropical Storm Ida. Hurricane Ida struck Louisiana as a category 4 hurricane with 150 mile an hour winds and days later hit New Jersey, New York, and other states with a massive amount of rain that has caused numerous flash floods, […]

  • FEMA’s new rating system is called “Risk Rating 2.0,” effective October 1st, 2021 Posted on Wednesday 28th April, 2021

    A recent report by ValuePenguin looked at the new risk ratings that the Federal Emergency Management Agency’s (FEMA) will be using when determining premiums for flood insurance in the National Flood Insurance Program (NFIP). The report found that millions of homeowners could see noticeable increases in flood insurance costs. FEMA’s new rating system is called […]