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11203 Homeowners Insurance Quotes & Rates

Brooklyn residents living within the 28,452 homes available in the zip code of 11203 are shopping online to compare cheaper and more affordable Brooklyn, NY home insurance rates. In the great city of Brooklyn, homeowners like you want to find less expensive coverage since the home insurance rates have increased. Currently, the average home insurance rate within the state of New York is around $993 per year. These average rates are based on a standard or basic homeowner policy that covers your home for risk of fire, theft or liability issues if someone was to be injured on your property. We can provide enhanced coverage options to give you that added protection that you need for your home in the 11203 zip code.

With our online home insurance quoting application and excellent review service, we can help you save up to 40% or more on your next homeowners policy. We will shop up to 12 competitive home insurance rates, review all the coverage options available and propose any discounts or credits that may be available to you. Each home insurance company is different and likes to generate rates based on a number of different risk factors when it comes to insuring your home. We will be able to explain which home insurance company is best for you based on the coverage details, rate affordability and claim dependability.

Let us help you shop and compare your 11203 home insurance rates today! Please give us a call now at 1-855-976-2656. For Brooklyn, NY Homeowners Insurance Quotes, Click to easily get started!

11203 Home Insurance Average Premiums

Local 11203 homeowners insurance quotes comparison

$743 /yr.

Shows Zip Code: 11203 lowest rates with discounts applied on average.

For the 11203, 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)
$743 /yr.
Average Coverage:$993 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1293 /yr.

What is the average home insurance cost for a home in 11203?

  • • The average homeowners insurance premium paid annually for a home in 11203 is around $993 per year.

What does it cost on average per month for home insurance in 11203?

  • • Homeowners in 11203 pay a monthly average cost per month around $83.00.

What kind of discount could I get if I combine my home and auto insurance together in 11203?

  • • Autoowners in 11203 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 Brooklyn area, check out other zip codes nearby 11203.
Review average rates in another zip code:
11234 homeowners insurance rates
11218 homeowners insurance rates
11210 homeowners insurance rates
11232 homeowners insurance rates
11208 homeowners insurance rates
11212 homeowners insurance rates
11236 homeowners insurance rates
11206 homeowners insurance rates
11228 homeowners insurance rates
11235 homeowners insurance rates

Home Replacement Cost Coverage in 11203

Average Building Cost Per Square Foot in 11203: $205

Location: Brooklyn, New York (Kings County)

Average Square Footage in 11203: 2,648 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 11203 before you start any project. Brooklyn 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 11203 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 11203 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,648 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 Brooklyn 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$2052,648$542,800
Additional Upgrades & Added Features$2562,648$678,500
Major Home Updates or Advancements$3082,648$814,200

It's important to understand that when you estimate your replacement cost of your home in the 11203 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 11203

Best Home & Auto Insurance Agencies in 11203

Eureka Travel Agency

Address: 1122 Brooklyn Ave Brooklyn, NY 11203
Phone:
Website:
Info:

Allstate Insurance-Tony Jones/ Day Spring Agency Inc.

Address: 964 Utica Ave Brooklyn, NY 11203
Phone:
Website: http://www.allstate.com
Info: Allstate Car Insurance Quotes, Home Insurance, Financial Products and More
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Allstate Insurance CO

Address: 4222 Avenue D Brooklyn, NY 11203
Phone:
Website:
Info:

First IsLand Reality Corporation

Address: 4209 Farragut Rd Brooklyn, NY 11203
Phone:
Website:
Info:

Housing Demographics for 11203

Population Review for 11203 Zip Code

For the city of Brooklyn, the population within 11203 has increased to over 63,581 residents in population size. The current population total is 81,824. We have broken down the population based on race below. In 11203, there are over 36492 in male population and 45332 females.

PopulationValues
Total Population81,824
White Population4712
Black Population64592
Hispanic Population5892
Asian Population1721
Hawaiian Population40
Indian Population257
Other Population3120
Male Population36492
Female Population45332
Population Estimate63581

Household Data for 11203

The average number of homes in 11203 is around 28,452, there are an average of 2.79 per household. The average house value according to local real estate values is around $542,800. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode28,452
Persons Per Household2.79
Average House Value$542,800
Income Per Household$61414
Median Age40.5
Median Age Male37.4
Median Age Female43.2
11203 DetailsValues
StateNY
State Full NameNew York
City TypeP
City Alias Abbreviation
Area Code718
CityBrooklyn
City Alias NameBROOKLYN
CountyKings
County FIPS047
State FIPS36
Time Zone5
Day Light SavingY
MSA5602
PMSA5600
CSA408
CBSA35620
CBSA_DIV35614
CBSA_TypeMetro
CBSA_NameNew York-Newark-Jersey City, NY-NJ
MSA_NameNew York-Northern New Jersey-Long Island, NY-NJ-CT-PA
PMSA_NameNew York, NY PMSA
RegionNortheast
DivisionMiddle Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses920
Number Of Employees14799
Business First Quarter Payroll235272
Business Annual Payroll995374
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 Population11576251
Congressional District09
Congressional LandArea15.54
Delivery Residential22789
Delivery Business1438
Delivery Total24544
Preferred Last Line KeyV12317
Classification Code
Multi-County
CSA NameNew York-Newark, NY-NJ-CT-PA
CBSA_DIV_NameNew York-Jersey City-White Plains, NY-NJ
City State KeyV12317
Land Area2.139000
Water Area0.000000
City Alias Code
City Mixed CaseBrooklyn
City Alias Mixed CaseBrooklyn
Box Count268
SFDU9933
MFDU12460
State ANSI36
County ANSI047
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number350995
Unique ZIP Name
SSA State County Code33331
Medicare CBSA Code35614
Medicare CBSA NameNew York-Jersey City-White Plains, NY-NJ
Medicare CBSA TypeMetro
Market Rating Area ID4
County Mixed CaseKings

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 […]