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37408 Homeowners Insurance Quotes & Rates

Chattanooga residents living within the 1,821 homes available in the zip code of 37408 are shopping online to compare cheaper and more affordable Chattanooga, TN home insurance rates. In the great city of Chattanooga, homeowners like you want to find less expensive coverage since the home insurance rates have increased. Currently, the average home insurance rate within the state of Tennessee is around $949 per year. These average rates are based on a standard or basic homeowner policy that covers your home for risk of fire, theft or liability issues if someone was to be injured on your property. We can provide enhanced coverage options to give you that added protection that you need for your home in the 37408 zip code.

With our online home insurance quoting application and excellent review service, we can help you save up to 40% or more on your next homeowners policy. We will shop up to 12 competitive home insurance rates, review all the coverage options available and propose any discounts or credits that may be available to you. Each home insurance company is different and likes to generate rates based on a number of different risk factors when it comes to insuring your home. We will be able to explain which home insurance company is best for you based on the coverage details, rate affordability and claim dependability.

Let us help you shop and compare your 37408 home insurance rates today! Please give us a call now at 1-855-976-2656. For Chattanooga, TN Homeowners Insurance Quotes, Click to easily get started!

37408 Home Insurance Average Premiums

Local 37408 homeowners insurance quotes comparison

$699 /yr.

Shows Zip Code: 37408 lowest rates with discounts applied on average.

For the 37408, 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)
$699 /yr.
Average Coverage:$949 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1249 /yr.

What is the average home insurance cost for a home in 37408?

  • • The average homeowners insurance premium paid annually for a home in 37408 is around $949 per year.

What does it cost on average per month for home insurance in 37408?

  • • Homeowners in 37408 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 37408?

  • • Autoowners in 37408 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 Chattanooga area, check out other zip codes nearby 37408.
Review average rates in another zip code:
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Home Replacement Cost Coverage in 37408

Average Building Cost Per Square Foot in 37408: $135

Location: Chattanooga, Tennessee (Hamilton County)

Average Square Footage in 37408: 2,532 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 37408 before you start any project. Chattanooga 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 37408 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 37408 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,532 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 Chattanooga 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$1352,532$341,800
Additional Upgrades & Added Features$1692,532$427,250
Major Home Updates or Advancements$2032,532$512,700

It's important to understand that when you estimate your replacement cost of your home in the 37408 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 37408

Best Home & Auto Insurance Agencies in 37408

Housing Demographics for 37408

Population Review for 37408 Zip Code

For the city of Chattanooga, the population within 37408 has increased to over 4,947 residents in population size. The current population total is 3,353. We have broken down the population based on race below. In 37408, there are over 1699 in male population and 1654 females.

PopulationValues
Total Population3,353
White Population2077
Black Population838
Hispanic Population289
Asian Population49
Hawaiian Population2
Indian Population27
Other Population127
Male Population1699
Female Population1654
Population Estimate4947

Household Data for 37408

The average number of homes in 37408 is around 1,821, there are an average of 1.84 per household. The average house value according to local real estate values is around $341,800. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode1,821
Persons Per Household1.84
Average House Value$341,800
Income Per Household$63846
Median Age32.6
Median Age Male33.2
Median Age Female31.9
37408 DetailsValues
StateTN
State Full NameTennessee
City TypeP
City Alias Abbreviation
Area Code423
CityChattanooga
City Alias NameCHATTANOOGA
CountyHamilton
County FIPS065
State FIPS47
Time Zone5
Day Light SavingY
MSA1560
PMSA
CSA174
CBSA16860
CBSA_DIV
CBSA_TypeMetro
CBSA_NameChattanooga, TN-GA
MSA_NameChattanooga, TN-GA MSA
PMSA_Name
RegionSouth
DivisionEast South Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses370
Number Of Employees5731
Business First Quarter Payroll69591
Business Annual Payroll294190
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population528143
CBSA Division Population0
Congressional District03
Congressional LandArea4570.32
Delivery Residential2689
Delivery Business618
Delivery Total3562
Preferred Last Line KeyX25003
Classification Code
Multi-County
CSA NameChattanooga-Cleveland-Dalton, TN-GA-AL
CBSA_DIV_Name
City State KeyX25003
Land Area2.125000
Water Area0.331000
City Alias Code
City Mixed CaseChattanooga
City Alias Mixed CaseChattanooga
Box Count0
SFDU711
MFDU233
State ANSI47
County ANSI065
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number471560
Unique ZIP Name
SSA State County Code44320
Medicare CBSA Code16860
Medicare CBSA NameChattanooga, TN-GA
Medicare CBSA TypeMetro
Market Rating Area ID3
County Mixed CaseHamilton

Tennessee Homeowners Insurance News & Information

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