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Quickly Revew Homeowners Insurance in 16503

If you own a home in Erie, PA you need a great homeowners policy to protect your home and possessions. Industry experts recommend shopping your homeowners insurance on a yearly basis to ensure that you are getting the best price and coverage levels.

GetHomeInsuranceQuotes.com can help you shop your coverage and find the best policy for your home in 16503 zip code. Our service is always free and we will gather quotes from up to 12 nationwide insurers so you can see all of your homeowners insurance options in one place. Our Pennsylvania licensed agents will also review your needs and make sure you have the appropriate coverage for your home.

If you want to see real savings on the cost of homeowners insurance start shopping GetHomeInsuranceQuotes.com right now. Get started by clicking the Get Multiple Quotes Now" button below, verify your 16503 and start comparing rates now.

16503 Homeowners Insurance Rates Are Considered: very low!

The average rate for a standard homeowners policy in 16503 is $730 according to industry data. We can help you achieve substantial savings by using our online quoting process to find the best policy for your specific home. We will also make sure you are fully covered. Insurance policies and coverage levels vary so it is key to fully understand your policy and what it covers as well as any coverage limitations.

We only deal with reputable, nationwide insurers so you can be confident that if you do need to make a claim it will be handled quickly and fairly. It’s time to start shopping for a new policy.

Get 16503 Home Insurance Rate Quotes Right Now!

You can easily compare rates for your home in ZIP starting an online quoting application to "get quotes". Or search additional Erie, PA home insurance quotes in your local city and review the most competitive coverages and premiums.

16503 Home Insurance Average Premiums

Local 16503 homeowners insurance quotes comparison

$480 /yr.

Shows Zip Code: 16503 lowest rates with discounts applied on average.

For the 16503, 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)
$480 /yr.
Average Coverage:$730 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1030 /yr.

What is the average home insurance cost for a home in 16503?

  • • The average homeowners insurance premium paid annually for a home in 16503 is around $730 per year.

What does it cost on average per month for home insurance in 16503?

  • • Homeowners in 16503 pay a monthly average cost per month around $61.00.

What kind of discount could I get if I combine my home and auto insurance together in 16503?

  • • Autoowners in 16503 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 Erie area, check out other zip codes nearby 16503.
Review average rates in another zip code:
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Home Replacement Cost Coverage in 16503

Average Building Cost Per Square Foot in 16503: $136

Location: Erie, Pennsylvania (Erie County)

Average Square Footage in 16503: 348 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 16503 before you start any project. Erie homeowners pay on average around $136 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 16503 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 16503 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 348 sq. ft. and the average cost to rebuild the home in this area is around $136 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 Erie 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$136348$47,300
Additional Upgrades & Added Features$170348$59,125
Major Home Updates or Advancements$204348$70,950

It's important to understand that when you estimate your replacement cost of your home in the 16503 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 16503

Best Home & Auto Insurance Agencies in 16503

Bogacki Jr- Raymond H

Address: 317 E 12th St Erie, PA 16503
Phone:
Website:
Info:

Housing Demographics for 16503

Population Review for 16503 Zip Code

For the city of Erie, the population within 16503 has increased to over 14,268 residents in population size. The current population total is 15,328. We have broken down the population based on race below. In 16503, there are over 7774 in male population and 7554 females.

PopulationValues
Total Population15,328
White Population6365
Black Population5612
Hispanic Population2206
Asian Population743
Hawaiian Population8
Indian Population52
Other Population940
Male Population7774
Female Population7554
Population Estimate14268

Household Data for 16503

The average number of homes in 16503 is around 5,616, there are an average of 2.57 per household. The average house value according to local real estate values is around $47,300. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode5,616
Persons Per Household2.57
Average House Value$47,300
Income Per Household$27060
Median Age32.3
Median Age Male32.4
Median Age Female32.1
16503 DetailsValues
StatePA
State Full NamePennsylvania
City TypeP
City Alias Abbreviation
Area Code814
CityErie
City Alias NameERIE
CountyErie
County FIPS049
State FIPS42
Time Zone5
Day Light SavingY
MSA2360
PMSA
CSA240
CBSA21500
CBSA_DIV
CBSA_TypeMetro
CBSA_NameErie, PA
MSA_NameErie, PA MSA
PMSA_Name
RegionNortheast
DivisionMiddle Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses220
Number Of Employees2993
Business First Quarter Payroll28409
Business Annual Payroll129063
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population280566
CBSA Division Population0
Congressional District16
Congressional LandArea997.68
Delivery Residential5552
Delivery Business375
Delivery Total5982
Preferred Last Line KeyX18265
Classification Code
Multi-County
CSA NameErie-Meadville, PA
CBSA_DIV_Name
City State KeyX18265
Land Area2.435000
Water Area0.000000
City Alias Code
City Mixed CaseErie
City Alias Mixed CaseErie
Box Count0
SFDU5240
MFDU186
State ANSI42
County ANSI049
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number412544
Unique ZIP Name
SSA State County Code39320
Medicare CBSA Code21500
Medicare CBSA NameErie, PA
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseErie

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