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08079 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 08079 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 Salem, NJ quick and easy. Our rates are super competitive and our agents can advise you on what coverages you need in 08079.

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 08079 and start shopping.

Quickly and Easily Compare Average Rates for 08079

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

Average Policy Rates in 08079

Homeowners in Salem are paying roughly $950 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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08079 Home Insurance Average Premiums

Local 08079 homeowners insurance quotes comparison

$700 /yr.

Shows Zip Code: 08079 lowest rates with discounts applied on average.

For the 08079, 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)
$700 /yr.
Average Coverage:$950 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1250 /yr.

What is the average home insurance cost for a home in 08079?

  • • The average homeowners insurance premium paid annually for a home in 08079 is around $950 per year.

What does it cost on average per month for home insurance in 08079?

  • • Homeowners in 08079 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 08079?

  • • Autoowners in 08079 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 Salem area, check out other zip codes nearby 08079.
Review average rates in another zip code:
08079 homeowners insurance rates

Home Replacement Cost Coverage in 08079

Average Building Cost Per Square Foot in 08079: $193

Location: Salem, New Jersey (Salem County)

Average Square Footage in 08079: 845 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 08079 before you start any project. Salem 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 08079 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 08079 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 845 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 Salem 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$193845$163,000
Additional Upgrades & Added Features$241845$203,750
Major Home Updates or Advancements$290845$244,500

It's important to understand that when you estimate your replacement cost of your home in the 08079 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 08079

Best Home & Auto Insurance Agencies in 08079

Henry D Young Inc

Address: 216 E Broadway Salem, NJ 08079
Phone:
Website: http://www.hdyinc.com
Info:

Housing Demographics for 08079

Population Review for 08079 Zip Code

For the city of Salem, the population within 08079 has increased to over 10,537 residents in population size. The current population total is 10,793. We have broken down the population based on race below. In 08079, there are over 5101 in male population and 5692 females.

PopulationValues
Total Population10,793
White Population6020
Black Population3492
Hispanic Population913
Asian Population60
Hawaiian Population3
Indian Population41
Other Population447
Male Population5101
Female Population5692
Population Estimate10537

Household Data for 08079

The average number of homes in 08079 is around 4,295, there are an average of 2.48 per household. The average house value according to local real estate values is around $163,000. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode4,295
Persons Per Household2.48
Average House Value$163,000
Income Per Household$44763
Median Age39.8
Median Age Male38.7
Median Age Female41.0
08079 DetailsValues
StateNJ
State Full NameNew Jersey
City TypeP
City Alias Abbreviation
Area Code856/609
CitySalem
City Alias NameSALEM
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 Businesses154
Number Of Employees2097
Business First Quarter Payroll30495
Business Annual Payroll125154
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 Residential4249
Delivery Business251
Delivery Total4790
Preferred Last Line KeyV11350
Classification Code
Multi-County
CSA NamePhiladelphia-Reading-Camden, PA-NJ-DE-MD
CBSA_DIV_NameWilmington, DE-MD-NJ
City State KeyV11350
Land Area88.683000
Water Area8.967000
City Alias Code
City Mixed CaseSalem
City Alias Mixed CaseSalem
Box Count153
SFDU3552
MFDU174
State ANSI34
County ANSI033
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number337515
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

  • 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 […]