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Homeowners Insurance in 02842

For homeowners living in 02842, you want more affordable home insurance rates in Middletown, right? Our rates are very competitive for homeowners living in the great city of Middletown, RI. Many homeowners living in the 02842 area have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the top home insurance companies that we will shop for you all in one place. Plus, our homeowners insurance quotes are free and our Rhode Island licensed agents can provide a free consultation service to you that allows you to ask questions about which policy and coverage option is best for you and your family. Get the home insurance protection you need and start a free home insurance quote today, simply click the "Get Multiple Quotes Now" button. Your 02842 should appear in the zip code field ready to go. Comparing Middletown, RI Home Insurance Quotes in your area, we can review the best rates and coverage options with multiple carriers to choose from.

02842 Home Insurance Costs Are Considered: Very High!

The overall cost of homeowners insurance on average for a standard HO-3 home insurance policy for homeowners living in Middletown pay around $1353 per year. For affordable homeowners insurance, we have the best prices when it comes to comparing Rhode Island home insurance rates. At GetHomeInsuranceQuotes.com, we compare the most competitive companies then we let you review the most affordable rates and coverage options. Homeowners living in the 02842 zip code usually have questions about which coverage option is best. Our process is spam and hassle free so you can get your questions answer quickly and review the best home insurance policy for you. Most of all, Middletown homeowners enjoy saving up to 40% or even more when we apply all the discounts available. Let us help you shop and save on your Rhode Island home insurance premium today!

Get 02842 Homeowners Insurance Rates Now!

02842 Home Insurance Average Premiums

Local 02842 homeowners insurance quotes comparison

$1103 /yr.

Shows Zip Code: 02842 lowest rates with discounts applied on average.

For the 02842, 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)
$1103 /yr.
Average Coverage:$1353 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1653 /yr.

What is the average home insurance cost for a home in 02842?

  • • The average homeowners insurance premium paid annually for a home in 02842 is around $1353 per year.

What does it cost on average per month for home insurance in 02842?

  • • Homeowners in 02842 pay a monthly average cost per month around $113.00.

What kind of discount could I get if I combine my home and auto insurance together in 02842?

  • • Autoowners in 02842 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 Middletown area, check out other zip codes nearby 02842.
Review average rates in another zip code:
02842 homeowners insurance rates

Home Replacement Cost Coverage in 02842

Average Building Cost Per Square Foot in 02842: $210

Location: Middletown, Rhode Island (Newport County)

Average Square Footage in 02842: 2,004 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 02842 before you start any project. Middletown homeowners pay on average around $210 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 02842 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 02842 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,004 sq. ft. and the average cost to rebuild the home in this area is around $210 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 Middletown 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$2102,004$420,900
Additional Upgrades & Added Features$2632,004$526,125
Major Home Updates or Advancements$3152,004$631,350

It's important to understand that when you estimate your replacement cost of your home in the 02842 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 02842

Best Home & Auto Insurance Agencies in 02842

Michael Kehew MBA - Allstate Insurance Company

Address: 1224 W Main Rd Middletown, RI 02842
Phone:
Website: http://www.providence.citysearch.com/profile/662008610/middletown_ri/michael_kehew_mba_allstate_insurance_company.html
Info:

Allstate Insurance Company - George Martland

Address: 190 E Main Rd Middletown, RI 02842
Phone:
Website: http://www.allstateagencies.com/GMartland/Welcome/
Info:

Bank of Newport Insurance Services

Address: 272 Valley Rd Middletown, RI 02842
Phone:
Website: http://www.boninsurance.com
Info:

Carey, Richmond & Viking

Address: 2 Corporate Pl, Ste 1 Middletown, RI 02842
Phone:
Website: http://www.blueblanket.com/
Info:

Corcoran Allen

Address: 716 Aquidneck Ave Middletown, RI 02842
Phone:
Website:
Info:

Housing Demographics for 02842

Population Review for 02842 Zip Code

For the city of Middletown, the population within 02842 has increased to over 17,370 residents in population size. The current population total is 17,115. We have broken down the population based on race below. In 02842, there are over 8395 in male population and 8720 females.

PopulationValues
Total Population17,115
White Population13410
Black Population859
Hispanic Population1366
Asian Population582
Hawaiian Population22
Indian Population75
Other Population577
Male Population8395
Female Population8720
Population Estimate17370

Household Data for 02842

The average number of homes in 02842 is around 7,159, there are an average of 2.33 per household. The average house value according to local real estate values is around $420,900. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode7,159
Persons Per Household2.33
Average House Value$420,900
Income Per Household$88211
Median Age42.8
Median Age Male41.1
Median Age Female44.2
02842 DetailsValues
StateRI
State Full NameRhode Island
City TypeB
City Alias Abbreviation
Area Code401
CityMiddletown
City Alias NameMIDDLETOWN
CountyNewport
County FIPS005
State FIPS44
Time Zone5
Day Light SavingY
MSA
PMSA
CSA148
CBSA39300
CBSA_DIV
CBSA_TypeMetro
CBSA_NameProvidence-Warwick, RI-MA
MSA_Name
PMSA_Name
RegionNortheast
DivisionNew England
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses617
Number Of Employees9770
Business First Quarter Payroll133677
Business Annual Payroll564646
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population1600852
CBSA Division Population0
Congressional District01
Congressional LandArea268.49
Delivery Residential7455
Delivery Business792
Delivery Total8431
Preferred Last Line KeyV25911
Classification Code
Multi-County
CSA NameBoston-Worcester-Providence, MA-RI-NH
CBSA_DIV_Name
City State KeyV25911
Land Area12.538000
Water Area1.526000
City Alias Code
City Mixed CaseMiddletown
City Alias Mixed CaseMiddletown
Box Count283
SFDU5386
MFDU818
State ANSI44
County ANSI005
ZIP Intro
Alias Intro
Facility CodeB
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number436020
Unique ZIP Name
SSA State County Code41020
Medicare CBSA Code39300
Medicare CBSA NameProvidence-Warwick, RI-MA
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseNewport

Rhode Island Homeowners Insurance News & Information

  • 2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024

    According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges.  Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]

  • What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024

    A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly.  The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]

  • $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 […]