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Compare 08038 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Hancocks Bridge just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 84 neighbors looking to save on their home insurance policy in the local 08038 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 08038. So how do we provide affordable home insurance quotes? We use your home details from our online quoting application to compare the best New Jersey 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 Hancocks Bridge, NJ 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 Hancocks Bridge, NJ

08038 Home Insurance Average Premiums

Local 08038 homeowners insurance quotes comparison

$701 /yr.

Shows Zip Code: 08038 lowest rates with discounts applied on average.

For the 08038, 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)
$701 /yr.
Average Coverage:$951 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1251 /yr.

What is the average home insurance cost for a home in 08038?

  • • The average homeowners insurance premium paid annually for a home in 08038 is around $951 per year.

What does it cost on average per month for home insurance in 08038?

  • • Homeowners in 08038 pay a monthly average cost per month around $79.00.

What kind of discount could I get if I combine my home and auto insurance together in 08038?

  • • Autoowners in 08038 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 Hancocks Bridge area, check out other zip codes nearby 08038.
Review average rates in another zip code:
08038 homeowners insurance rates

Home Replacement Cost Coverage in 08038

Average Building Cost Per Square Foot in 08038: $193

Location: Hancocks Bridge, New Jersey (Salem County)

Average Square Footage in 08038: 792 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 08038 before you start any project. Hancocks Bridge 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 08038 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 08038 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 792 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 Hancocks Bridge 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$193792$152,900
Additional Upgrades & Added Features$241792$191,125
Major Home Updates or Advancements$290792$229,350

It's important to understand that when you estimate your replacement cost of your home in the 08038 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 08038

Best Home & Auto Insurance Agencies in 08038

Housing Demographics for 08038

Population Review for 08038 Zip Code

For the city of Hancocks Bridge, the population within 08038 has increased to over 0 residents in population size. The current population total is 193. We have broken down the population based on race below. In 08038, there are over 105 in male population and 88 females.

PopulationValues
Total Population193
White Population167
Black Population2
Hispanic Population18
Asian Population1
Hawaiian Population0
Indian Population1
Other Population9
Male Population105
Female Population88
Population Estimate0

Household Data for 08038

The average number of homes in 08038 is around 84, there are an average of 2.30 per household. The average house value according to local real estate values is around $152,900. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode84
Persons Per Household2.30
Average House Value$152,900
Income Per Household$68750
Median Age36.3
Median Age Male30.8
Median Age Female37.5
08038 DetailsValues
StateNJ
State Full NameNew Jersey
City TypeZ
City Alias AbbreviationHANCOCKS BRG
Area Code856/609
CityHancocks Bridge
City Alias NameHANCOCKS BRIDGE
CountySalem
County FIPS033
State FIPS34
Time Zone5
Day Light SavingY
MSA6162
PMSA6160
CSA428
CBSA37980
CBSA_DIV48864
CBSA_TypeMetro
CBSA_NamePhiladelphia-Camden-Wilmington, PA-NJ-DE-MD
MSA_NamePhiladelphia-Wilmington-Atlantic City, PA-NJ-DE-MD CMSA
PMSA_NamePhiladelphia, PA-NJ PMSA
RegionNortheast
DivisionMiddle Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses13
Number Of Employees1678
Business First Quarter Payroll71330
Business Annual Payroll230351
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population5965343
CBSA Division Population705670
Congressional District02
Congressional LandArea2092.43
Delivery Residential0
Delivery Business0
Delivery Total758
Preferred Last Line KeyV10605
Classification CodeP
Multi-County
CSA NamePhiladelphia-Reading-Camden, PA-NJ-DE-MD
CBSA_DIV_NameWilmington, DE-MD-NJ
City State KeyV10605
Land Area17.421000
Water Area3.698000
City Alias Code
City Mixed CaseHancocks Bridge
City Alias Mixed CaseHancocks Bridge
Box Count111
SFDU0
MFDU0
State ANSI34
County ANSI033
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number333375
Unique ZIP Name
SSA State County Code31340
Medicare CBSA Code48864
Medicare CBSA NameWilmington, DE-MD-NJ
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseSalem

New Jersey Homeowners Insurance News & Information

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    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 […]