Get multiple home insurance quotes in 11224. Our licensed 11224, NY agents are ready to serve you.

Home Insurance in 11224

Our rates are very competitive for homeowners living in the 11224 zip code. Many homeowners based out of Brooklyn, NY 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 NY 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 11224 should appear in the zip code field ready to go.

11224 Average Home Insurance Rates

Are you looking for a standard HO-3 homeowners policy for your single family home in the Brooklyn area? The average homeowners premium in 11224 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 11224, you can expect to pay around $1042 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 11224 Today!

Get Home Insurance Quotes in 11224

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 York. Start your 11224 home insurance shopping today!

  1. Brooklyn, NY Home Insurance Quotes

11224 Home Insurance Average Premiums

Local 11224 homeowners insurance quotes comparison

$792 /yr.

Shows Zip Code: 11224 lowest rates with discounts applied on average.

For the 11224, 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)
$792 /yr.
Average Coverage:$1042 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1342 /yr.

What is the average home insurance cost for a home in 11224?

  • • The average homeowners insurance premium paid annually for a home in 11224 is around $1042 per year.

What does it cost on average per month for home insurance in 11224?

  • • Homeowners in 11224 pay a monthly average cost per month around $87.00.

What kind of discount could I get if I combine my home and auto insurance together in 11224?

  • • Autoowners in 11224 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 11224.
Review average rates in another zip code:
11222 homeowners insurance rates
11209 homeowners insurance rates
11215 homeowners insurance rates
11213 homeowners insurance rates
11211 homeowners insurance rates
11237 homeowners insurance rates
11223 homeowners insurance rates
11228 homeowners insurance rates
11203 homeowners insurance rates
11235 homeowners insurance rates

Home Replacement Cost Coverage in 11224

Average Building Cost Per Square Foot in 11224: $205

Location: Brooklyn, New York (Kings County)

Average Square Footage in 11224: 2,315 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 11224 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 11224 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 11224 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,315 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$2052,315$474,500
Additional Upgrades & Added Features$2562,315$593,125
Major Home Updates or Advancements$3082,315$711,750

It's important to understand that when you estimate your replacement cost of your home in the 11224 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 11224

Allstate Insurance - Alex S. Ilyaev

Address: 2847 W 8th St Brooklyn, NY 11224
Phone: (718)714-6660
Website:

Best Home & Auto Insurance Agencies in 11224

Allstate Insurance Company - Alex Ilyaev

Address: 2875 W 8th St Brooklyn, NY 11224
Phone:
Website: http://www.allstateagencies.com/090153?cid=OTC-YP.com-IYP&att=TL
Info:

Allstate Insurance-A+ Agency- Inc

Address: 2847 W 8th St Brooklyn, NY 11224
Phone:
Website: http://www.agent.allstate.com/90153
Info:

Housing Demographics for 11224

Population Review for 11224 Zip Code

For the city of Brooklyn, the population within 11224 has increased to over 47,195 residents in population size. The current population total is 46,019. We have broken down the population based on race below. In 11224, there are over 20698 in male population and 25321 females.

PopulationValues
Total Population46,019
White Population23321
Black Population11094
Hispanic Population8372
Asian Population4103
Hawaiian Population33
Indian Population315
Other Population4280
Male Population20698
Female Population25321
Population Estimate47195

Household Data for 11224

The average number of homes in 11224 is around 19,202, there are an average of 2.32 per household. The average house value according to local real estate values is around $474,500. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode19,202
Persons Per Household2.32
Average House Value$474,500
Income Per Household$37241
Median Age46.3
Median Age Male42.0
Median Age Female49.6
11224 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 Businesses736
Number Of Employees6801
Business First Quarter Payroll63321
Business Annual Payroll297358
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 District08
Congressional LandArea29.66
Delivery Residential20343
Delivery Business684
Delivery Total21507
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 Area1.551000
Water Area0.034000
City Alias Code
City Mixed CaseBrooklyn
City Alias Mixed CaseBrooklyn
Box Count288
SFDU1624
MFDU17757
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

  • $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 […]

  • I can’t afford my home insurance, what do I do? Posted on Saturday 9th November, 2024

    According to data from the National Association of Realtors (NAR), the average U.S. insurance rate is $2,377 a year. The data also suggest that homeowners could see a 6% rise in rates by the end of the year which is in addition to the 20% increase over the two previous years. As climate change pushes […]

  • How to Get the Best Homeowners Insurance Policy for Your Needs Posted on Wednesday 6th November, 2024

    Having the proper insurance coverages in place is a critical part of owning a home, it protects your investment and finances in the event your home is destroyed by an unexpected disaster such as a fire, flood or severe storm.  Understanding the different coverages that are available to homeowners is key to making sure you […]