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Searching for Homeowners Insurance in 11023

If you are a homeowners that lives in 11023 you may be searching for more affordable homeowners insurance in Great Neck. Insurance rates can change on a yearly basis so if your current insurer has raised your rates recently it may be time to shop your coverage and we can help.

GetHomeInsuranceQuotes.com makes shopping your insurance policy quick and easy for residents of Great Neck, NY. All you have to do is enter a bit of information about your home and we will gather 12 quotes from nationwide insurers, making sure that you get the best coverage levels and rates available.

Our New York licensed agents will provide a free consultation to make sure you are fully protected as well as answer any questions you may have about policy options. Insurance can be complicated so it pays to have a professional walk you through your various policy choices. As always, our service is free.

Getting started is easy. Click the "Get Multiple Quotes Now" button, verify your zip code and start saving.

Get 11023 Home Insurance Rate Quotes Right Now!

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

Check Out 11023 Home Insurance Costs: high!

In Great Neck, homeowners are paying roughly $1081 per year for a HO-3 policy which is considered the standard for a single family home. In order to find the best policy at the best price, we compare rates from some of the most competitive insurers and present you with your best options for homeowners insurance coverage in 11023 zip code.

Our service is free and we never spam our clients so you only receive the information that you request. While all situations are different, in most cases, homeowners in Great Neck are saving up to 40 percent on their policy costs by using GetHomeInsuranceQuotes.com.

Start shopping for a 11023 policy right now!

11023 Home Insurance Average Premiums

Local 11023 homeowners insurance quotes comparison

$831 /yr.

Shows Zip Code: 11023 lowest rates with discounts applied on average.

For the 11023, 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)
$831 /yr.
Average Coverage:$1081 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1381 /yr.

What is the average home insurance cost for a home in 11023?

  • • The average homeowners insurance premium paid annually for a home in 11023 is around $1081 per year.

What does it cost on average per month for home insurance in 11023?

  • • Homeowners in 11023 pay a monthly average cost per month around $90.00.

What kind of discount could I get if I combine my home and auto insurance together in 11023?

  • • Autoowners in 11023 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 Great Neck area, check out other zip codes nearby 11023.
Review average rates in another zip code:
11020 homeowners insurance rates
11024 homeowners insurance rates
11021 homeowners insurance rates
11023 homeowners insurance rates

Home Replacement Cost Coverage in 11023

Average Building Cost Per Square Foot in 11023: $205

Location: Great Neck, New York (Nassau County)

Average Square Footage in 11023: 4,803 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 11023 before you start any project. Great Neck homeowners pay on average around $205 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 11023 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 11023 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 4,803 sq. ft. and the average cost to rebuild the home in this area is around $205 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 Great Neck 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$2054,803$984,600
Additional Upgrades & Added Features$2564,803$1,230,750
Major Home Updates or Advancements$3084,803$1,476,900

It's important to understand that when you estimate your replacement cost of your home in the 11023 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 11023

Best Home & Auto Insurance Agencies in 11023

Borzell Joseph T RL Estate

Address: 617 Middle Neck Rd Great Neck, NY 11023
Phone:
Website:
Info:

Housing Demographics for 11023

Population Review for 11023 Zip Code

For the city of Great Neck, the population within 11023 has increased to over 10,353 residents in population size. The current population total is 10,213. We have broken down the population based on race below. In 11023, there are over 4945 in male population and 5268 females.

PopulationValues
Total Population10,213
White Population7565
Black Population88
Hispanic Population585
Asian Population1628
Hawaiian Population11
Indian Population14
Other Population305
Male Population4945
Female Population5268
Population Estimate10353

Household Data for 11023

The average number of homes in 11023 is around 3,211, there are an average of 3.17 per household. The average house value according to local real estate values is around $984,600. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode3,211
Persons Per Household3.17
Average House Value$984,600
Income Per Household$131458
Median Age39.4
Median Age Male38.1
Median Age Female40.1
11023 DetailsValues
StateNY
State Full NameNew York
City TypeP
City Alias Abbreviation
Area Code516
CityGreat Neck
City Alias NameGREAT NECK
CountyNassau
County FIPS059
State FIPS36
Time Zone5
Day Light SavingY
MSA5602
PMSA5380
CSA408
CBSA35620
CBSA_DIV35004
CBSA_TypeMetro
CBSA_NameNew York-Newark-Jersey City, NY-NJ
MSA_NameNew York-Northern New Jersey-Long Island, NY-NJ-CT-PA
PMSA_NameNassau-Suffolk, NY PMSA
RegionNortheast
DivisionMiddle Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses341
Number Of Employees2030
Business First Quarter Payroll25075
Business Annual Payroll119524
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 Population2832882
Congressional District03
Congressional LandArea254.92
Delivery Residential3266
Delivery Business218
Delivery Total3849
Preferred Last Line KeyV13628
Classification Code
Multi-County
CSA NameNew York-Newark, NY-NJ-CT-PA
CBSA_DIV_NameNassau County-Suffolk County, NY
City State KeyV13628
Land Area1.670000
Water Area0.092000
City Alias Code
City Mixed CaseGreat Neck
City Alias Mixed CaseGreat Neck
Box Count155
SFDU2606
MFDU660
State ANSI36
County ANSI059
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number353355
Unique ZIP Name
SSA State County Code33400
Medicare CBSA Code35004
Medicare CBSA NameNassau County-Suffolk County, NY
Medicare CBSA TypeMetro
Market Rating Area ID8
County Mixed CaseNassau

New York Homeowners Insurance News & Information

  • 2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024

    According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges.  Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]

  • What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024

    A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly.  The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]

  • $4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024

    According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]