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27617 Home Insurance Rates & Premiums

Did you know there are over 20,968 people living within the 27617 zip code area? There are over 9,906 occupied dwellings which means many homeowners like you that are interested in lower premiums or better coverage options. At GetHomeInsuranceQuotes.com, we provide a free shopping services online or over the phone. Our process includes the following:

  1. We will shop up to 12 home insurance companies for free.
  2. We will apply all discounts and credits to help you save up to 40% or more.
  3. We will answer any questions that you may.
  4. We will review the best policy and coverage option in 27617.

Let us help you shop and compare rates today, just enter your zip code to get your free online home insurance quotes. Please give us a call now at 1-866-918-3404, and easily get up to 12 rates over the phone in minutes.

Average homeowners insurance premiums in North Carolina are on the rise. The estimated average premium is around $886 a year for a standard homeowners insurance policy in Raleigh. You can find out more information about home insurance premiums, discounts and crime rate information by clicking your city below.

City: Raleigh, NC Homeowners Insurance Quotes Online

27617 Home Insurance Average Premiums

Local 27617 homeowners insurance quotes comparison

$636 /yr.

Shows Zip Code: 27617 lowest rates with discounts applied on average.

For the 27617, 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)
$636 /yr.
Average Coverage:$886 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1186 /yr.

What is the average home insurance cost for a home in 27617?

  • • The average homeowners insurance premium paid annually for a home in 27617 is around $886 per year.

What does it cost on average per month for home insurance in 27617?

  • • Homeowners in 27617 pay a monthly average cost per month around $74.00.

What kind of discount could I get if I combine my home and auto insurance together in 27617?

  • • Autoowners in 27617 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 Raleigh area, check out other zip codes nearby 27617.
Review average rates in another zip code:
27607 homeowners insurance rates
27604 homeowners insurance rates
27601 homeowners insurance rates
27610 homeowners insurance rates
27605 homeowners insurance rates
27615 homeowners insurance rates
27608 homeowners insurance rates
27603 homeowners insurance rates
27616 homeowners insurance rates
27609 homeowners insurance rates

Home Replacement Cost Coverage in 27617

Average Building Cost Per Square Foot in 27617: $135

Location: Raleigh, North Carolina (Wake County)

Average Square Footage in 27617: 2,364 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 27617 before you start any project. Raleigh homeowners pay on average around $135 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 27617 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 27617 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,364 sq. ft. and the average cost to rebuild the home in this area is around $135 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 Raleigh 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$1352,364$319,100
Additional Upgrades & Added Features$1692,364$398,875
Major Home Updates or Advancements$2032,364$478,650

It's important to understand that when you estimate your replacement cost of your home in the 27617 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 27617

Best Home & Auto Insurance Agencies in 27617

Boone- Vincent D - State Farm Insurance Agent

Address: 7850 Alexander Promenade Pl, #Pl-105 Raleigh, NC 27617
Phone:
Website:
Info:

Housing Demographics for 27617

Population Review for 27617 Zip Code

For the city of Raleigh, the population within 27617 has increased to over 22,734 residents in population size. The current population total is 20,968. We have broken down the population based on race below. In 27617, there are over 9869 in male population and 11099 females.

PopulationValues
Total Population20,968
White Population11685
Black Population4759
Hispanic Population1680
Asian Population2125
Hawaiian Population13
Indian Population65
Other Population590
Male Population9869
Female Population11099
Population Estimate22734

Household Data for 27617

The average number of homes in 27617 is around 9,906, there are an average of 2.10 per household. The average house value according to local real estate values is around $319,100. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode9,906
Persons Per Household2.10
Average House Value$319,100
Income Per Household$96081
Median Age35.3
Median Age Male34.1
Median Age Female36.3
27617 DetailsValues
StateNC
State Full NameNorth Carolina
City TypeP
City Alias Abbreviation
Area Code919/984
CityRaleigh
City Alias NameRALEIGH
CountyWake
County FIPS183
State FIPS37
Time Zone5
Day Light SavingY
MSA6640
PMSA
CSA450
CBSA39580
CBSA_DIV
CBSA_TypeMetro
CBSA_NameRaleigh-Cary, NC
MSA_NameRaleigh-Durham-Chapel Hill, NC MSA
PMSA_Name
RegionSouth
DivisionSouth Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses957
Number Of Employees19121
Business First Quarter Payroll285269
Business Annual Payroll1228872
Business Employment Flag
Growth Rank49
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number28787
Growth Increase Percentage3.2
Metropolitan DetailsValues
CBSA Population1130490
CBSA Division Population0
Congressional District02|04
Congressional LandArea3246.68|1045.35
Delivery Residential10826
Delivery Business967
Delivery Total17990
Preferred Last Line KeyY16260
Classification Code
Multi-CountyY
CSA NameRaleigh-Durham-Cary, NC
CBSA_DIV_Name
City State KeyY16260
Land Area8.273000
Water Area0.001000
City Alias Code
City Mixed CaseRaleigh
City Alias Mixed CaseRaleigh
Box Count0
SFDU2521
MFDU6709
State ANSI37
County ANSI183
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number366352
Unique ZIP Name
SSA State County Code34910
Medicare CBSA Code39580
Medicare CBSA NameRaleigh-Cary, NC
Medicare CBSA TypeMetro
Market Rating Area ID13
County Mixed CaseWake

North Carolina Homeowners Insurance News & Information

  • North Carolina Joint Underwriters and Wind Pool Map Explained Posted on Wednesday 5th June, 2024

    North Carolina is a lovely state to call home. Our state is packed with beautiful cities, museums, restaurants and of course, some of the loveliest beaches in the country. Unfortunately, if you live in one of our amazing coastal southern cities such as Ocean Isle Beach, Sunset Beach, Oak Island Beach, Calabash, Bald Head Island, […]

  • North Carolina Coastal Home Insurance Rates Posted on Friday 29th March, 2024

    North Carolina is a fantastic place to live with plenty of cultural activities, beautiful beaches, world-class cities as well as great restaurants and shopping. The only disadvantage to living in North Carolina, particularly if your home is located in coastal area is the cost of homeowners insurance. The average premium for a standard homeowners insurance […]

  • NC Residents Speak Against 42% Rate Increase Requested by Rate Bureau Posted on Tuesday 13th February, 2024

    During a recent public comment session held by the North Carolina Department of Insurance, dozens of North Carolina residents spoke out against an average rate increase of 42% that the North Carolina Rate Bureau is requesting.  The Rate Bureau represents insurance companies in the state and earlier this year requested average rate increases of 42%. […]

  • North Carolina: 2024 Homeowners Insurance Rate Increase Proposed Posted on Friday 19th January, 2024

    Recently, the North Carolina Rate Bureau requested that the N.C. Department of Insurance allow increases to homeowners’ insurance rates by an average of 42.2 percent. If the NCDOI agrees, the proposed rates will go into effect Aug. 1. However, it is also possible that the NCDOI will not agree to the increase and deny the […]

  • 2024 Homeowners Insurance Outlook Receives Negative Rating Posted on Tuesday 21st November, 2023

    The insurance news for 2024 is certainly not great. Experts expect that extreme weather and increasing costs will push up insurance costs and make insurance companies more selective when deciding where they will write policies.  Recently, credit rating agency AM Best downgraded the entire home insurance industry from stable to negative. According to Richard Attanasio, […]

  • Nationwide Insurance Company Will Not Be Renewing policies for Homeowners in North Carolina Posted on Monday 9th October, 2023

    Nationwide insurance company recently informed the North Carolina Department of Insurance (NCDOI) that it will not be renewing homeowner policies for 10,525 homeowners in North Carolina. Over 1,000 of those non-renewals are in the Dare County, NC. The NCDOI claims that more the half of the non-renewals are based on the “hurricane hazard assessment tool,” […]