12874, NY Homeowners Insurance Rates

With a population size of 112 and with 67 occupied homes in the 12874 area, our online shopping service is becoming very helpful for homeowners like you. The average home insurance premiums in Silver Bay, NY are around $951 per year for a standard HO-3 homeowners policy. Wouldn't you love to save up to 40% or more on your next home insurance policy? Our process easily compares the most competitive rates, while including all discounts and credits, plus reviewing all enhanced coverage options. You will find that GetHomeInsuranceQuotes.com is the best place online to shop for home insurance rates in Silver Bay, New York. If you are looking for more affordable rates, let us help you shop and compare your next homeowners policy today. Just enter your zip code to start online comparing, or give us a call at 1-855-976-2656 so we can help you review rates today!

It's important to know that if your New York home may be located in a risk area that is prone to flooding, hurricanes or earthquakes. You may need additional coverage that is not part of your current policy like an HO-3 or HO-2. We can help you review the best protection and coverage options for your home located in Silver Bay, NY.

For New York home insurance information, including average Silver Bay home insurance rates, coverage options or the different homeowners insurance types, please select Silver Bay, NY Home Insurance Quotes Now!

Average Building Cost Per Square Foot in 12874: $205

Average Square Footage in 12874: 1,812 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 12874 before you start any project. Silver Bay 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 12874 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 12874 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,812 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 Silver Bay 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.

It's important to understand that when you estimate your replacement cost of your home in the 12874 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.

Household Data for 12874

The average number of homes in 12874 is around 67, there are an average of 1.67 per household. The average house value according to local real estate values is around $371,400. Please review the following demographics below for average income and media age.

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