Home Insurance Quotes in 38128

Are you shopping for a cheaper homeowners insurance rate in 38128? Our rates are very competitive for homeowners living in Memphis, TN. Many homeowners located in the 38128 zip code have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the carriers that we will shop for you. Plus, our online quoting process is free to use and our Tennessee licensed agents can provide a free consultation service to you that allows you to ask questions about the rates and coverage options. If you are unsure which policy is best for you, then please contact us so we can help you understand what coverage package you need to protect your home in 38128. To get free 38128 home insurance quotes, simply click the "Get Multiple Quotes Now" button. Your 38128 zip code should appear in the zip code field ready to go. Shopping Memphis, TN Homeowners Insurance Rates is easy, just click, complete your online quoting application for the property address located in 38128 to review the best rate coverages.

Your 38128 Home Insurance Costs Is Rated: High!

For the great city of Memphis, the average home insurance premium paid annually is around $963 for a standard HO-3 homeowners policy. It's important to know that you may need additional coverage like flood or earthquake insurance to cover your home. Most basic home insurance policies do not provide enough coverage to provide the risk and protection you need. Our Tennessee specific quoting application process is designed to meet the needs of the homeowner and we can provide the most competitive rates with enhanced coverage options. If you live in Memphis and need insurance on your home in the 38128 zip code, then it is important to use our service and easily discover more affordable homeowners insurance rates.

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Average Building Cost Per Square Foot in 38128: $135

Average Square Footage in 38128: 676 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 38128 before you start any project. Memphis 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 38128 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 38128 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 676 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 Memphis 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.

It's important to understand that when you estimate your replacement cost of your home in the 38128 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.

Farmers Insurance Group of Companies

Chopper City

Farmers Insurance Group of Companies

Bill Blake Auto Insurance

Direct General Insurance Agency Inc - Memphis

Nationwide Insurance Memphis

Household Data for 38128

The average number of homes in 38128 is around 15,987, there are an average of 2.68 per household. The average house value according to local real estate values is around $91,200. Please review the following demographics below for average income and media age.

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