Get multiple home insurance quotes in 02872. Our licensed 02872, RI agents are ready to serve you.

02872, RI Home Insurance

In the zip code of 02872, the population size is around 231, which consists of 116 occupied homes in your area. We often hear homeowners ask us what the average home insurance premiums are for residence living in Prudence Island, RI. A few years ago, a study was done and found that the average home insurance rates for Rhode Island are around $1,349 per year for a standard homeowners policy. At GetHomeInsuranceQuotes.com, we help homeowners find cheaper rates and better coverage for an existing or new home purchase opportunity. We have partnered with 12 major home insurance companies that have the most competitive rates for homes in the 02872 zip code location. Our savings model helps you not only save up to 40% or more, but also includes enhanced coverage options to help protect your home and family while livings in Prudence Island. If you enter your zip code for the home you would like to shop and compare rates for today, we can help you review the premiums and coverage online or over the phone. Give us a call now at 1-855-976-2656 so we can help you compare rates today!

If you would like to review more information on rates within your area, please click Prudence Island, RI Homeowners Insurance Online Rates Today!

02872 Home Insurance Average Premiums

Local 02872 homeowners insurance quotes comparison

$1099 /yr.

Shows Zip Code: 02872 lowest rates with discounts applied on average.

For the 02872, 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)
$1099 /yr.
Average Coverage:$1349 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1649 /yr.

What is the average home insurance cost for a home in 02872?

  • • The average homeowners insurance premium paid annually for a home in 02872 is around $1349 per year.

What does it cost on average per month for home insurance in 02872?

  • • Homeowners in 02872 pay a monthly average cost per month around $112.00.

What kind of discount could I get if I combine my home and auto insurance together in 02872?

  • • Autoowners in 02872 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 Prudence Island area, check out other zip codes nearby 02872.
Review average rates in another zip code:
02872 homeowners insurance rates

Home Replacement Cost Coverage in 02872

Average Building Cost Per Square Foot in 02872: $210

Location: Prudence Island, Rhode Island (Bristol County)

Average Square Footage in 02872: 1,999 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 02872 before you start any project. Prudence Island 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 02872 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 02872 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,999 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 Prudence Island 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$2101,999$419,800
Additional Upgrades & Added Features$2631,999$524,750
Major Home Updates or Advancements$3151,999$629,700

It's important to understand that when you estimate your replacement cost of your home in the 02872 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 02872

Best Home & Auto Insurance Agencies in 02872

Housing Demographics for 02872

Population Review for 02872 Zip Code

For the city of Prudence Island, the population within 02872 has increased to over 0 residents in population size. The current population total is 231. We have broken down the population based on race below. In 02872, there are over 121 in male population and 110 females.

PopulationValues
Total Population231
White Population214
Black Population4
Hispanic Population3
Asian Population0
Hawaiian Population0
Indian Population0
Other Population3
Male Population121
Female Population110
Population Estimate0

Household Data for 02872

The average number of homes in 02872 is around 116, there are an average of 1.99 per household. The average house value according to local real estate values is around $419,800. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode116
Persons Per Household1.99
Average House Value$419,800
Income Per Household$0
Median Age59.4
Median Age Male60.1
Median Age Female57.7
02872 DetailsValues
StateRI
State Full NameRhode Island
City TypeZ
City Alias AbbreviationPRUDENCE ISL
Area Code401
CityPrudence Island
City Alias NamePRUDENCE ISLAND
CountyBristol
County FIPS001
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 Businesses8
Number Of Employees25
Business First Quarter Payroll185
Business Annual Payroll949
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 Residential0
Delivery Business0
Delivery Total1053
Preferred Last Line KeyV25938
Classification CodeP
Multi-County
CSA NameBoston-Worcester-Providence, MA-RI-NH
CBSA_DIV_Name
City State KeyV25938
Land Area5.948000
Water Area4.121000
City Alias Code
City Mixed CasePrudence Island
City Alias Mixed CasePrudence Island
Box Count0
SFDU0
MFDU0
State ANSI44
County ANSI001
ZIP Intro
Alias Intro
Facility CodeC
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number431540
Unique ZIP Name
SSA State County Code41000
Medicare CBSA Code39300
Medicare CBSA NameProvidence-Warwick, RI-MA
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseBristol

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 […]