Get multiple home insurance quotes in 07981. Our licensed 07981, NJ agents are ready to serve you.

07981 Home Insurance Rates & Premiums

Did you know there are over 9,051 people living within the 07981 zip code area? There are over 3,520 occupied dwellings which means many homeowners like you that are interested in lower premiums or better coverage options. At GetHomeInsuranceQuotes.com, we provide a free shopping services online or over the phone. Our process includes the following:

  1. We will shop up to 12 home insurance companies for free.
  2. We will apply all discounts and credits to help you save up to 40% or more.
  3. We will answer any questions that you may.
  4. We will review the best policy and coverage option in 07981.

Let us help you shop and compare rates today, just enter your zip code to get your free online home insurance quotes. Please give us a call now at 1-855-976-2656, and easily get up to 12 rates over the phone in minutes.

Average homeowners insurance premiums in New Jersey are on the rise. The estimated average premium is around $1,050 a year for a standard homeowners insurance policy in Whippany. You can find out more information about home insurance premiums, discounts and crime rate information by clicking your city below.

City: Whippany, NJ Homeowners Insurance Quotes Online

07981 Home Insurance Average Premiums

Local 07981 homeowners insurance quotes comparison

$800 /yr.

Shows Zip Code: 07981 lowest rates with discounts applied on average.

For the 07981, 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)		$800 /yr.
Average Coverage:$1050 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1350 /yr.

What is the average home insurance cost for a home in 07981?

  • • The average homeowners insurance premium paid annually for a home in 07981 is around $1050 per year.

What does it cost on average per month for home insurance in 07981?

  • • Homeowners in 07981 pay a monthly average cost per month around $88.00.

What kind of discount could I get if I combine my home and auto insurance together in 07981?

  • • Autoowners in 07981 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 Whippany area, check out other zip codes nearby 07981.
Review average rates in another zip code:
07981 homeowners insurance rates

Home Replacement Cost Coverage in 07981

Average Building Cost Per Square Foot in 07981: $193

Location: Whippany, New Jersey (Morris County)

Average Square Footage in 07981: 2,799 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 07981 before you start any project. Whippany 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 07981 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 07981 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,799 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 Whippany 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$1932,799$540,200
Additional Upgrades & Added Features$2412,799$675,250
Major Home Updates or Advancements$2902,799$810,300

It's important to understand that when you estimate your replacement cost of your home in the 07981 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 07981

Choice Benefits Agency

Address: 220 Bee Meadow Parkway Whippany, NJ 07981
Phone: (973)463-0090
Website:

Best Home & Auto Insurance Agencies in 07981

Housing Demographics for 07981

Population Review for 07981 Zip Code

For the city of Whippany, the population within 07981 has increased to over 9,419 residents in population size. The current population total is 9,051. We have broken down the population based on race below. In 07981, there are over 4297 in male population and 4754 females.

PopulationValues
Total Population9,051
White Population6971
Black Population122
Hispanic Population574
Asian Population1231
Hawaiian Population4
Indian Population11
Other Population138
Male Population4297
Female Population4754
Population Estimate9419

Household Data for 07981

The average number of homes in 07981 is around 3,520, there are an average of 2.53 per household. The average house value according to local real estate values is around $540,200. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode3,520
Persons Per Household2.53
Average House Value$540,200
Income Per Household$129396
Median Age48.2
Median Age Male46.1
Median Age Female49.6
07981 DetailsValues
StateNJ
State Full NameNew Jersey
City TypeN
City Alias Abbreviation
Area Code973/862
CityWhippany
City Alias NameWHIPPANY
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 Businesses372
Number Of Employees12335
Business First Quarter Payroll424085
Business Annual Payroll1552737
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 District11
Congressional LandArea504.97
Delivery Residential3723
Delivery Business339
Delivery Total4104
Preferred Last Line Key018521
Classification Code
Multi-County
CSA NameNew York-Newark, NY-NJ-CT-PA
CBSA_DIV_NameNewark, NJ
City State Key018521
Land Area6.028000
Water Area0.178000
City Alias Code
City Mixed CaseWhippany
City Alias Mixed CaseWhippany
Box Count21
SFDU2592
MFDU120
State ANSI34
County ANSI027
ZIP Intro
Alias Intro
Facility CodeN
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 […]