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12870 Home Insurance Quotes, Rates & Coverage

Are you looking for the right homeowners insurance policy at an affordable price for your home in 12870? There are over 750 occupied homes in the 12870 area. With a population size of 1,652, it's not uncommon for residence of Schroon Lake, NY to want to find cheaper home insurance rates online. The average premium for a standard HO-3 home insurance policy for homeowners living in New York is around $1,013 per year. At GetHomeInsuranceQuotes.com, we help you easily compare up to 12 home insurance rates from the top rated insurance companies. We also help you save money by applying all the home insurance credits and discounts available helping you save up to 40% or more on your next homeowners policy. Enter your 12870 zip code today to compare multiple rates and coverage options for your existing policy or a new home purchase.

For additional information about average home insurance rates, premiums or home insurance types, please review your city information: Schroon Lake, NY Home Insurance Rate Quotes

12870 Home Insurance Average Premiums

Local 12870 homeowners insurance quotes comparison

$763 /yr.

Shows Zip Code: 12870 lowest rates with discounts applied on average.

For the 12870, 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)		$763 /yr.
Average Coverage:$1013 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1313 /yr.

What is the average home insurance cost for a home in 12870?

  • • The average homeowners insurance premium paid annually for a home in 12870 is around $1013 per year.

What does it cost on average per month for home insurance in 12870?

  • • Homeowners in 12870 pay a monthly average cost per month around $84.00.

What kind of discount could I get if I combine my home and auto insurance together in 12870?

  • • Autoowners in 12870 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 Schroon Lake area, check out other zip codes nearby 12870.
Review average rates in another zip code:
12870 homeowners insurance rates

Home Replacement Cost Coverage in 12870

Average Building Cost Per Square Foot in 12870: $205

Location: Schroon Lake, New York (Essex County)

Average Square Footage in 12870: 965 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 12870 before you start any project. Schroon Lake 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 12870 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 12870 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 965 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 Schroon Lake 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$205965$197,800
Additional Upgrades & Added Features$256965$247,250
Major Home Updates or Advancements$308965$296,700

It's important to understand that when you estimate your replacement cost of your home in the 12870 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 12870

Best Home & Auto Insurance Agencies in 12870

Housing Demographics for 12870

Population Review for 12870 Zip Code

For the city of Schroon Lake, the population within 12870 has increased to over 1,246 residents in population size. The current population total is 1,652. We have broken down the population based on race below. In 12870, there are over 773 in male population and 879 females.

PopulationValues
Total Population1,652
White Population1521
Black Population5
Hispanic Population34
Asian Population18
Hawaiian Population0
Indian Population1
Other Population8
Male Population773
Female Population879
Population Estimate1246

Household Data for 12870

The average number of homes in 12870 is around 750, there are an average of 2.18 per household. The average house value according to local real estate values is around $197,800. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode750
Persons Per Household2.18
Average House Value$197,800
Income Per Household$57643
Median Age53.8
Median Age Male53.1
Median Age Female54.1
12870 DetailsValues
StateNY
State Full NameNew York
City TypeP
City Alias Abbreviation
Area Code518
CitySchroon Lake
City Alias NameSCHROON LAKE
CountyEssex
County FIPS031
State FIPS36
Time Zone5
Day Light SavingY
MSA
PMSA
CSA
CBSA
CBSA_DIV
CBSA_Type
CBSA_Name
MSA_Name
PMSA_Name
RegionNortheast
DivisionMiddle Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses65
Number Of Employees265
Business First Quarter Payroll2357
Business Annual Payroll12168
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population0
CBSA Division Population0
Congressional District21
Congressional LandArea15114.76
Delivery Residential572
Delivery Business29
Delivery Total5166
Preferred Last Line KeyV15966
Classification Code
Multi-County
CSA Name
CBSA_DIV_Name
City State KeyV15966
Land Area98.440000
Water Area6.290000
City Alias Code
City Mixed CaseSchroon Lake
City Alias Mixed CaseSchroon Lake
Box Count436
SFDU548
MFDU0
State ANSI36
County ANSI031
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number357555
Unique ZIP Name
SSA State County Code33260
Medicare CBSA Code99933
Medicare CBSA NameRural Areas in NY
Medicare CBSA TypeMicro
Market Rating Area ID7
County Mixed CaseEssex

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 […]