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Home Insurance Rates in 28112

For homeowners shopping online in 28112, our insurance rates are very competitive for homeowners living in Monroe, NC. Many homeowners based out of the great city of Monroe have found it very easy to shop with GetHomeInsuranceQuotes.com. The reason is because we clearly showcase the carriers that we will shop for you. Plus, our home insurance quotes are free and our North Carolina licensed agents can provide a free consultation service to you that allows you to ask questions about which rates and coverage options are best suited for you and your family. To get free home insurance quotes in 28112, simply click the "Get Multiple Quotes Now" button. Your 28112 should appear in the zip code field ready to go. We only need some basic home information to start running multiple quotes for you. Monroe, NC Home Insurance Rate Quotes are available for you, we easily review and compare multiple coverage and rate options.

28112 Home Insurance Rating is: Medium!

If you live in 28112, you can easily save up to 40% off the average home insurance premium of $865 a year by letting us help you compare the best rate and coverage option for your home. We can compare up to 12 major top rated home insurance companies all at once. We also will do a professional analysis to determine which coverage is best suited to cover the risk that you need. Home insurance in Monroe can come in a variety of different packages, it's important to understand which homeowners policy is best. Let us help you compare home insurance rates in 28112 today!

Get Multiple Home Insurance Rates in 28112!

28112 Home Insurance Average Premiums

Local 28112 homeowners insurance quotes comparison

$615 /yr.

Shows Zip Code: 28112 lowest rates with discounts applied on average.

For the 28112, 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)
$615 /yr.
Average Coverage:$865 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1165 /yr.

What is the average home insurance cost for a home in 28112?

  • • The average homeowners insurance premium paid annually for a home in 28112 is around $865 per year.

What does it cost on average per month for home insurance in 28112?

  • • Homeowners in 28112 pay a monthly average cost per month around $72.00.

What kind of discount could I get if I combine my home and auto insurance together in 28112?

  • • Autoowners in 28112 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 Monroe area, check out other zip codes nearby 28112.
Review average rates in another zip code:
28112 homeowners insurance rates
28110 homeowners insurance rates

Home Replacement Cost Coverage in 28112

Average Building Cost Per Square Foot in 28112: $135

Location: Monroe, North Carolina (Union County)

Average Square Footage in 28112: 1,441 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 28112 before you start any project. Monroe 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 28112 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 28112 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,441 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 Monroe 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$1351,441$194,600
Additional Upgrades & Added Features$1691,441$243,250
Major Home Updates or Advancements$2031,441$291,900

It's important to understand that when you estimate your replacement cost of your home in the 28112 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 28112

Best Home & Auto Insurance Agencies in 28112

Nationwide Insurance Company Insurance Agents

Address: 305 W Franklin St Monroe, NC 28112
Phone:
Website:
Info:

Housing Demographics for 28112

Population Review for 28112 Zip Code

For the city of Monroe, the population within 28112 has increased to over 28,435 residents in population size. The current population total is 27,126. We have broken down the population based on race below. In 28112, there are over 13371 in male population and 13755 females.

PopulationValues
Total Population27,126
White Population16744
Black Population4499
Hispanic Population5320
Asian Population190
Hawaiian Population5
Indian Population226
Other Population3331
Male Population13371
Female Population13755
Population Estimate28435

Household Data for 28112

The average number of homes in 28112 is around 9,859, there are an average of 2.69 per household. The average house value according to local real estate values is around $194,600. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode9,859
Persons Per Household2.69
Average House Value$194,600
Income Per Household$61111
Median Age40.2
Median Age Male38.5
Median Age Female42.1
28112 DetailsValues
StateNC
State Full NameNorth Carolina
City TypeP
City Alias Abbreviation
Area Code704/980
CityMonroe
City Alias NameMONROE
CountyUnion
County FIPS179
State FIPS37
Time Zone5
Day Light SavingY
MSA1520
PMSA
CSA172
CBSA16740
CBSA_DIV
CBSA_TypeMetro
CBSA_NameCharlotte-Concord-Gastonia, NC-SC
MSA_NameCharlotte-Gastonia-Rock Hill, NC-SC MSA
PMSA_Name
RegionSouth
DivisionSouth Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses519
Number Of Employees5407
Business First Quarter Payroll74917
Business Annual Payroll323867
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population1758038
CBSA Division Population0
Congressional District07|08
Congressional LandArea6161.77|4512.78
Delivery Residential10571
Delivery Business615
Delivery Total11129
Preferred Last Line KeyY15930
Classification Code
Multi-County
CSA NameCharlotte-Concord, NC-SC
CBSA_DIV_Name
City State KeyY15930
Land Area132.129000
Water Area1.531000
City Alias Code
City Mixed CaseMonroe
City Alias Mixed CaseMonroe
Box Count0
SFDU9645
MFDU8
State ANSI37
County ANSI179
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number365176
Unique ZIP Name
SSA State County Code34890
Medicare CBSA Code16740
Medicare CBSA NameCharlotte-Concord-Gastonia, NC-SC
Medicare CBSA TypeMetro
Market Rating Area ID4
County Mixed CaseUnion

North Carolina Homeowners Insurance News & Information

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    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,” […]