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Home Insurance in 08518

Our rates are very competitive for homeowners living in the 08518 zip code. Many homeowners based out of Florence, 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 08518 should appear in the zip code field ready to go.

08518 Average Home Insurance Rates

Are you looking for a standard HO-3 homeowners policy for your single family home in the Florence area? The average homeowners premium in 08518 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 08518, you can expect to pay around $964 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 08518 Today!

Get Home Insurance Quotes in 08518

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 08518 home insurance shopping today!

  1. Florence, NJ Home Insurance Quotes

08518 Home Insurance Average Premiums

Local 08518 homeowners insurance quotes comparison

$714 /yr.

Shows Zip Code: 08518 lowest rates with discounts applied on average.

For the 08518, 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)
$714 /yr.
Average Coverage:$964 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1264 /yr.

What is the average home insurance cost for a home in 08518?

  • • The average homeowners insurance premium paid annually for a home in 08518 is around $964 per year.

What does it cost on average per month for home insurance in 08518?

  • • Homeowners in 08518 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 08518?

  • • Autoowners in 08518 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 Florence area, check out other zip codes nearby 08518.
Review average rates in another zip code:
08518 homeowners insurance rates

Home Replacement Cost Coverage in 08518

Average Building Cost Per Square Foot in 08518: $193

Location: Florence, New Jersey (Burlington County)

Average Square Footage in 08518: 1,285 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 08518 before you start any project. Florence 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 08518 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 08518 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,285 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 Florence 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$1931,285$248,100
Additional Upgrades & Added Features$2411,285$310,125
Major Home Updates or Advancements$2901,285$372,150

It's important to understand that when you estimate your replacement cost of your home in the 08518 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 08518

Best Home & Auto Insurance Agencies in 08518

Housing Demographics for 08518

Population Review for 08518 Zip Code

For the city of Florence, the population within 08518 has increased to over 5,811 residents in population size. The current population total is 5,943. We have broken down the population based on race below. In 08518, there are over 2829 in male population and 3114 females.

PopulationValues
Total Population5,943
White Population3715
Black Population949
Hispanic Population451
Asian Population664
Hawaiian Population4
Indian Population15
Other Population166
Male Population2829
Female Population3114
Population Estimate5811

Household Data for 08518

The average number of homes in 08518 is around 2,407, there are an average of 2.47 per household. The average house value according to local real estate values is around $248,100. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode2,407
Persons Per Household2.47
Average House Value$248,100
Income Per Household$88431
Median Age41.9
Median Age Male40.9
Median Age Female42.9
08518 DetailsValues
StateNJ
State Full NameNew Jersey
City TypeP
City Alias Abbreviation
Area Code609/640
CityFlorence
City Alias NameFLORENCE
CountyBurlington
County FIPS005
State FIPS34
Time Zone5
Day Light SavingY
MSA6162
PMSA6160
CSA428
CBSA37980
CBSA_DIV15804
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 Businesses67
Number Of Employees1776
Business First Quarter Payroll24034
Business Annual Payroll87294
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 Population1250679
Congressional District03
Congressional LandArea899.7
Delivery Residential2353
Delivery Business55
Delivery Total2611
Preferred Last Line KeyV10487
Classification Code
Multi-County
CSA NamePhiladelphia-Reading-Camden, PA-NJ-DE-MD
CBSA_DIV_NameCamden, NJ
City State KeyV10487
Land Area1.919000
Water Area0.254000
City Alias Code
City Mixed CaseFlorence
City Alias Mixed CaseFlorence
Box Count90
SFDU1819
MFDU53
State ANSI34
County ANSI005
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number332700
Unique ZIP Name
SSA State County Code31150
Medicare CBSA Code15804
Medicare CBSA NameCamden, NJ
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseBurlington

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