Compare quotes for your home in 97638! Compare the best 12 carriers in minutes.
Home Insurance in 97638
Our rates are very competitive for homeowners living in the 97638 zip code. Many homeowners based out of Silver Lake, OR 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 OR 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 97638 should appear in the zip code field ready to go.
97638 Average Home Insurance Rates
Are you looking for a standard HO-3 homeowners policy for your single family home in the Silver Lake area? The average homeowners premium in 97638 is very low 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 97638, you can expect to pay around $545 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 97638 Today!
Get Home Insurance Quotes in 97638
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 Oregon. Start your 97638 home insurance shopping today!
97638 Home Insurance Average Premiums
$295 /yr.
Shows Zip Code: 97638 lowest rates with discounts applied on average.
For the 97638, 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) | $295 /yr. |
| Average Coverage: | $545 /yr. |
| 2600 sq. ft. or higher (all discounts applied) | $845 /yr. |
What is the average home insurance cost for a home in 97638?
- • The average homeowners insurance premium paid annually for a home in 97638 is around $545 per year.
What does it cost on average per month for home insurance in 97638?
- • Homeowners in 97638 pay a monthly average cost per month around $45.00.
What kind of discount could I get if I combine my home and auto insurance together in 97638?
- • Autoowners in 97638 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 Silver Lake area, check out other zip codes nearby 97638.
Review average rates in another zip code:
97638 homeowners insurance rates
Home Replacement Cost Coverage in 97638
Average Building Cost Per Square Foot in 97638: $221
Location: Silver Lake, Oregon (Lake County)Average Square Footage in 97638: 727 Sq. Ft.
When building or updating a home, it's always good to review the average cost per square foot to build in 97638 before you start any project. Silver Lake homeowners pay on average around $221 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 97638 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 97638 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 727 sq. ft. and the average cost to rebuild the home in this area is around $221 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 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 Status | Price per Sq. Ft. | Square Feet | Dwelling Coverage |
|---|---|---|---|
| Basic Home Features | $221 | 727 | $160,700 |
| Additional Upgrades & Added Features | $276 | 727 | $200,875 |
| Major Home Updates or Advancements | $332 | 727 | $241,050 |
It's important to understand that when you estimate your replacement cost of your home in the 97638 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 97638
Best Home & Auto Insurance Agencies in 97638
Housing Demographics for 97638
Population Review for 97638 Zip Code
For the city of Silver Lake, the population within 97638 has increased to over 262 residents in population size. The current population total is 454. We have broken down the population based on race below. In 97638, there are over 244 in male population and 210 females.
| Population | Values |
|---|---|
| Total Population | 454 |
| White Population | 387 |
| Black Population | 0 |
| Hispanic Population | 31 |
| Asian Population | 5 |
| Hawaiian Population | 0 |
| Indian Population | 5 |
| Other Population | 10 |
| Male Population | 244 |
| Female Population | 210 |
| Population Estimate | 262 |
Household Data for 97638
The average number of homes in 97638 is around 188, there are an average of 2.41 per household. The average house value according to local real estate values is around $160,700. Please review the following demographics below for average income and media age.
| Housing / Income Data | Values |
|---|---|
| Households Per Zipcode | 188 |
| Persons Per Household | 2.41 |
| Average House Value | $160,700 |
| Income Per Household | $52000 |
| Median Age | 49.0 |
| Median Age Male | 51.3 |
| Median Age Female | 48.2 |
| 97638 Details | Values |
|---|---|
| State | OR |
| State Full Name | Oregon |
| City Type | P |
| City Alias Abbreviation | |
| Area Code | 541 |
| City | Silver Lake |
| City Alias Name | SILVER LAKE |
| County | Lake |
| County FIPS | 037 |
| State FIPS | 41 |
| Time Zone | 8 |
| Day Light Saving | Y |
| MSA | |
| PMSA | |
| CSA | |
| CBSA | |
| CBSA_DIV | |
| CBSA_Type | |
| CBSA_Name | |
| MSA_Name | |
| PMSA_Name | |
| Region | West |
| Division | Pacific |
| MailingName | Y |
| Economic & Growth Review | Values |
|---|---|
| Number Of Businesses | 11 |
| Number Of Employees | 34 |
| Business First Quarter Payroll | 229 |
| Business Annual Payroll | 982 |
| Business Employment Flag | |
| Growth Rank | 0 |
| Growth Housing Units 2003 | |
| Growth Housing Units 2004 | |
| Growth Increase Number | 0 |
| Growth Increase Percentage | 0.0 |
| Metropolitan Details | Values |
|---|---|
| CBSA Population | 0 |
| CBSA Division Population | 0 |
| Congressional District | 02 |
| Congressional LandArea | 69442.78 |
| Delivery Residential | 109 |
| Delivery Business | 4 |
| Delivery Total | 313 |
| Preferred Last Line Key | Z15512 |
| Classification Code | |
| Multi-County | |
| CSA Name | |
| CBSA_DIV_Name | |
| City State Key | Z15512 |
| Land Area | 390.668000 |
| Water Area | 0.126000 |
| City Alias Code | |
| City Mixed Case | Silver Lake |
| City Alias Mixed Case | Silver Lake |
| Box Count | 146 |
| SFDU | 105 |
| MFDU | 4 |
| State ANSI | 41 |
| County ANSI | 037 |
| ZIP Intro | |
| Alias Intro | |
| Facility Code | P |
| City Delivery Indicator | N |
| Carrier Route Rate Sortation | C |
| Finance Number | 407744 |
| Unique ZIP Name | |
| SSA State County Code | 38180 |
| Medicare CBSA Code | 99938 |
| Medicare CBSA Name | Rural Areas in OR |
| Medicare CBSA Type | Micro |
| Market Rating Area ID | 4 |
| County Mixed Case | Lake |
Oregon 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 […]