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37118 Home Insurance Quotes, Rates & Coverage

Are you looking for the right homeowners insurance policy at an affordable price for your home in 37118? There are over 517 occupied homes in the 37118 area. With a population size of 1,403, it's not uncommon for residence of Milton, TN to want to find cheaper home insurance rates online. The average premium for a standard HO-3 home insurance policy for homeowners living in Tennessee is around $945 per year. At GetHomeInsuranceQuotes.com, we help you easily compare up to 12 home insurance rates from the top rated insurance companies. We also help you save money by applying all the home insurance credits and discounts available helping you save up to 40% or more on your next homeowners policy. Enter your 37118 zip code today to compare multiple rates and coverage options for your existing policy or a new home purchase.

For additional information about average home insurance rates, premiums or home insurance types, please review your city information: Milton, TN Home Insurance Rate Quotes

37118 Home Insurance Average Premiums

Local 37118 homeowners insurance quotes comparison

$695 /yr.

Shows Zip Code: 37118 lowest rates with discounts applied on average.

For the 37118, 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)		$695 /yr.
Average Coverage:$945 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1245 /yr.

What is the average home insurance cost for a home in 37118?

  • • The average homeowners insurance premium paid annually for a home in 37118 is around $945 per year.

What does it cost on average per month for home insurance in 37118?

  • • Homeowners in 37118 pay a monthly average cost per month around $79.00.

What kind of discount could I get if I combine my home and auto insurance together in 37118?

  • • Autoowners in 37118 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 Milton area, check out other zip codes nearby 37118.
Review average rates in another zip code:
37118 homeowners insurance rates

Home Replacement Cost Coverage in 37118

Average Building Cost Per Square Foot in 37118: $135

Location: Milton, Tennessee (Rutherford County)

Average Square Footage in 37118: 2,520 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 37118 before you start any project. Milton homeowners pay on average around $135 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 37118 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 37118 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,520 sq. ft. and the average cost to rebuild the home in this area is around $135 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 Milton 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$1352,520$340,200
Additional Upgrades & Added Features$1692,520$425,250
Major Home Updates or Advancements$2032,520$510,300

It's important to understand that when you estimate your replacement cost of your home in the 37118 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 37118

Best Home & Auto Insurance Agencies in 37118

Housing Demographics for 37118

Population Review for 37118 Zip Code

For the city of Milton, the population within 37118 has increased to over 1,604 residents in population size. The current population total is 1,403. We have broken down the population based on race below. In 37118, there are over 702 in male population and 701 females.

PopulationValues
Total Population1,403
White Population1265
Black Population35
Hispanic Population29
Asian Population6
Hawaiian Population4
Indian Population5
Other Population10
Male Population702
Female Population701
Population Estimate1604

Household Data for 37118

The average number of homes in 37118 is around 517, there are an average of 2.71 per household. The average house value according to local real estate values is around $340,200. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode517
Persons Per Household2.71
Average House Value$340,200
Income Per Household$65069
Median Age44.5
Median Age Male44.2
Median Age Female45.1
37118 DetailsValues
StateTN
State Full NameTennessee
City TypeP
City Alias Abbreviation
Area Code615/629
CityMilton
City Alias NameMILTON
CountyRutherford
County FIPS149
State FIPS47
Time Zone6
Day Light SavingY
MSA5360
PMSA
CSA400
CBSA34980
CBSA_DIV
CBSA_TypeMetro
CBSA_NameNashville-Davidson--Murfreesboro--Franklin, TN
MSA_NameNashville, TN MSA
PMSA_Name
RegionSouth
DivisionEast South Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses11
Number Of Employees16
Business First Quarter Payroll132
Business Annual Payroll592
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population1589934
CBSA Division Population0
Congressional District04|05|06
Congressional LandArea5984.84|1248.57|6474.21
Delivery Residential592
Delivery Business5
Delivery Total615
Preferred Last Line KeyX25522
Classification Code
Multi-CountyY
CSA NameNashville-Davidson--Murfreesboro, TN
CBSA_DIV_Name
City State KeyX25522
Land Area32.823000
Water Area0.000000
City Alias Code
City Mixed CaseMilton
City Alias Mixed CaseMilton
Box Count13
SFDU592
MFDU0
State ANSI47
County ANSI149
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number475796
Unique ZIP Name
SSA State County Code44740
Medicare CBSA Code34980
Medicare CBSA NameNashville-Davidson--Murfreesboro--Franklin, TN
Medicare CBSA TypeMetro
Market Rating Area ID4
County Mixed CaseRutherford

Tennessee Homeowners Insurance News & Information

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