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29505, SC Homeowners Insurance Rates

With a population size of 25,269 and with 10,241 occupied homes in the 29505 area, our online shopping service is becoming very helpful for homeowners like you. The average home insurance premiums in Florence, SC are around $1,037 per year for a standard HO-3 homeowners policy. Wouldn't you love to save up to 40% or more on your next home insurance policy? Our process easily compares the most competitive rates, while including all discounts and credits, plus reviewing all enhanced coverage options. You will find that GetHomeInsuranceQuotes.com is the best place online to shop for home insurance rates in Florence, South Carolina. If you are looking for more affordable rates, let us help you shop and compare your next homeowners policy today. Just enter your zip code to start online comparing, or give us a call at 1-866-918-3404 so we can help you review rates today!

It's important to know that if your South Carolina home may be located in a risk area that is prone to flooding, hurricanes or earthquakes. You may need additional coverage that is not part of your current policy like an HO-3 or HO-2. We can help you review the best protection and coverage options for your home located in Florence, SC.

For South Carolina home insurance information, including average Florence home insurance rates, coverage options or the different homeowners insurance types, please select Florence, SC Home Insurance Quotes Now!

29505 Home Insurance Average Premiums

Local 29505 homeowners insurance quotes comparison

$787 /yr.

Shows Zip Code: 29505 lowest rates with discounts applied on average.

For the 29505, 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)
$787 /yr.
Average Coverage:$1037 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1337 /yr.

What is the average home insurance cost for a home in 29505?

  • • The average homeowners insurance premium paid annually for a home in 29505 is around $1037 per year.

What does it cost on average per month for home insurance in 29505?

  • • Homeowners in 29505 pay a monthly average cost per month around $86.00.

What kind of discount could I get if I combine my home and auto insurance together in 29505?

  • • Autoowners in 29505 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 Florence area, check out other zip codes nearby 29505.
Review average rates in another zip code:
29501 homeowners insurance rates
29506 homeowners insurance rates
29505 homeowners insurance rates

Home Replacement Cost Coverage in 29505

Average Building Cost Per Square Foot in 29505: $131

Location: Florence, South Carolina (Florence County)

Average Square Footage in 29505: 1,152 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 29505 before you start any project. Florence homeowners pay on average around $131 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 29505 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 29505 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,152 sq. ft. and the average cost to rebuild the home in this area is around $131 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 Florence 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$1311,152$150,900
Additional Upgrades & Added Features$1641,152$188,625
Major Home Updates or Advancements$1971,152$226,350

It's important to understand that when you estimate your replacement cost of your home in the 29505 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 29505

Hoylen Billy Insurance Agency Inc

Address: 305 2nd Loop Road Florence, SC 29505
Phone: (843)665-2196
Website:

Best Home & Auto Insurance Agencies in 29505

Hoylen Billy Insurance Agency Inc

Address: 305 2nd Loop Rd Florence, SC 29505
Phone:
Website:
Info:

Bartol- Lawrence James

Address: 1625 2nd Loop Rd Florence, SC 29505
Phone:
Website:
Info:

Direct General Insurance Agency Inc

Address: 1811 S Irby St Florence, SC 29505
Phone:
Website: http://www.direct-general.com
Info:

Housing Demographics for 29505

Population Review for 29505 Zip Code

For the city of Florence, the population within 29505 has increased to over 26,381 residents in population size. The current population total is 25,269. We have broken down the population based on race below. In 29505, there are over 11573 in male population and 13696 females.

PopulationValues
Total Population25,269
White Population13743
Black Population9747
Hispanic Population770
Asian Population415
Hawaiian Population3
Indian Population66
Other Population343
Male Population11573
Female Population13696
Population Estimate26381

Household Data for 29505

The average number of homes in 29505 is around 10,241, there are an average of 2.44 per household. The average house value according to local real estate values is around $150,900. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode10,241
Persons Per Household2.44
Average House Value$150,900
Income Per Household$58931
Median Age41.2
Median Age Male39.7
Median Age Female42.5
29505 DetailsValues
StateSC
State Full NameSouth Carolina
City TypeP
City Alias Abbreviation
Area Code843/854
CityFlorence
City Alias NameFLORENCE
CountyFlorence
County FIPS041
State FIPS45
Time Zone5
Day Light SavingY
MSA2655
PMSA
CSA
CBSA22500
CBSA_DIV
CBSA_TypeMetro
CBSA_NameFlorence, SC
MSA_NameFlorence, SC MSA
PMSA_Name
RegionSouth
DivisionSouth Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses481
Number Of Employees13974
Business First Quarter Payroll197032
Business Annual Payroll508517
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population205566
CBSA Division Population0
Congressional District07
Congressional LandArea5354.62
Delivery Residential10812
Delivery Business556
Delivery Total11357
Preferred Last Line KeyX23890
Classification Code
Multi-County
CSA Name
CBSA_DIV_Name
City State KeyX23890
Land Area50.858000
Water Area0.059000
City Alias Code
City Mixed CaseFlorence
City Alias Mixed CaseFlorence
Box Count0
SFDU8326
MFDU953
State ANSI45
County ANSI041
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number452940
Unique ZIP Name
SSA State County Code42200
Medicare CBSA Code22500
Medicare CBSA NameFlorence, SC
Medicare CBSA TypeMetro
Market Rating Area ID21
County Mixed CaseFlorence

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