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Compare 78056 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Mico just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 805 neighbors looking to save on their home insurance policy in the local 78056 zip code area. Our process is very simple, easy to use and hassle free. We help you shop and compare competitive rates for your home in 78056. So how do we provide affordable home insurance quotes? We use your home details from our online quoting application to compare the best Texas rates and coverage options with over 12 major carriers. Then we evaluate the best coverage and apply all the discounts and credits to help you save an additional 40%. We do all of this and more and our service online or over the phone is free. Let us help you compare your Mico, TX home insurance rates today!

For more information about homeowners insurance, like average home insurance rates, coverage options or home insurance types, please select Home Insurance Rates in Mico, TX

78056 Home Insurance Average Premiums

Local 78056 homeowners insurance quotes comparison

$1267 /yr.

Shows Zip Code: 78056 lowest rates with discounts applied on average.

For the 78056, 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)
$1267 /yr.
Average Coverage:$1517 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1817 /yr.

What is the average home insurance cost for a home in 78056?

  • • The average homeowners insurance premium paid annually for a home in 78056 is around $1517 per year.

What does it cost on average per month for home insurance in 78056?

  • • Homeowners in 78056 pay a monthly average cost per month around $126.00.

What kind of discount could I get if I combine my home and auto insurance together in 78056?

  • • Autoowners in 78056 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 Mico area, check out other zip codes nearby 78056.
Review average rates in another zip code:
78056 homeowners insurance rates

Home Replacement Cost Coverage in 78056

Average Building Cost Per Square Foot in 78056: $129

Location: Mico, Texas (Medina County)

Average Square Footage in 78056: 3,371 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 78056 before you start any project. Mico homeowners pay on average around $129 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 78056 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 78056 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 3,371 sq. ft. and the average cost to rebuild the home in this area is around $129 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 Mico 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$1293,371$434,900
Additional Upgrades & Added Features$1613,371$543,625
Major Home Updates or Advancements$1943,371$652,350

It's important to understand that when you estimate your replacement cost of your home in the 78056 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 78056

Best Home & Auto Insurance Agencies in 78056

Housing Demographics for 78056

Population Review for 78056 Zip Code

For the city of Mico, the population within 78056 has increased to over 2,761 residents in population size. The current population total is 2,116. We have broken down the population based on race below. In 78056, there are over 1055 in male population and 1061 females.

PopulationValues
Total Population2,116
White Population1489
Black Population31
Hispanic Population718
Asian Population11
Hawaiian Population3
Indian Population24
Other Population117
Male Population1055
Female Population1061
Population Estimate2761

Household Data for 78056

The average number of homes in 78056 is around 805, there are an average of 2.63 per household. The average house value according to local real estate values is around $434,900. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode805
Persons Per Household2.63
Average House Value$434,900
Income Per Household$119250
Median Age49.1
Median Age Male49.5
Median Age Female48.1
78056 DetailsValues
StateTX
State Full NameTexas
City TypeN
City Alias Abbreviation
Area Code830
CityMico
City Alias NameMICO
CountyMedina
County FIPS325
State FIPS48
Time Zone6
Day Light SavingY
MSA
PMSA
CSA484
CBSA41700
CBSA_DIV
CBSA_TypeMetro
CBSA_NameSan Antonio-New Braunfels, TX
MSA_Name
PMSA_Name
RegionSouth
DivisionWest South Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses33
Number Of Employees168
Business First Quarter Payroll2453
Business Annual Payroll8986
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population2142508
CBSA Division Population0
Congressional District23
Congressional LandArea58059.18
Delivery Residential1050
Delivery Business8
Delivery Total1126
Preferred Last Line Key010717
Classification Code
Multi-County
CSA NameSan Antonio-New Braunfels-Kerrville, TX
CBSA_DIV_Name
City State Key010717
Land Area103.201000
Water Area4.425000
City Alias Code
City Mixed CaseMico
City Alias Mixed CaseMico
Box Count0
SFDU316
MFDU0
State ANSI48
County ANSI325
ZIP Intro
Alias Intro
Facility CodeN
City Delivery IndicatorN
Carrier Route Rate SortationD
Finance Number481515
Unique ZIP Name
SSA State County Code45792
Medicare CBSA Code41700
Medicare CBSA NameSan Antonio-New Braunfels, TX
Medicare CBSA TypeMetro
Market Rating Area ID18
County Mixed CaseMedina

Texas Homeowners Insurance News & Information

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  • Texas is Seeing Major Increases in the Cost of Homeowners Insurance Posted on Tuesday 7th May, 2024

    Like much of the rest of the country, Texas is seeing major increases in the cost of homeowners insurance. According to an article in Austin American-Stateman, residents of Texas have seen their insurance rates go up 50.9% on average which is the largest increase in the country for that time period. Unfortunately, experts are predicting […]

  • 2024 Average Homeowners Insurance Rate at $2,777 per year  Posted on Tuesday 20th February, 2024

    A recent report by Insurance.com, found that the average homeowners insurance rate in the U.S. came in at $2,777 per year which breaks down to $231 a month. The average was based on coverage levels of $300,000 in dwelling and liability and a $1,000 deductible. When Insurance.com ran the numbers, Oklahoma was the most expensive […]

  • 9% Predicted Jump in Home Insurance Rates in 2023  Posted on Tuesday 25th April, 2023

    According to a new report by online marketplace Insurify, average homeowner insurance premiums are headed up again in 2023. The report predicts that the average cost of homeowners insurance could jump up 9% which translates into about $150 increase for most homeowners. The pain will not be distributed equally, homeowners in some states will see […]

  • Get Cheaper Home Insurance by Using These Great Saving Tips Posted on Friday 19th August, 2022

    Homeowner insurance rates are headed up in many states this year. Colorado’s new average rate is around $3,400, Oklahoma is now $3,300, Tennesse has also moved up on the list to an average home insurance rate of $3,000 per year. Kansas and Texas are both around $2,500 for the year. While your premium may be […]

  • Top 3 Reasons Homeowners Can Expect a 3% to 30% Rate Increase Posted on Monday 18th April, 2022

    Interest rate hike due to inflation percentage rising up, FED, federal reserve or central bank monetary policy, economics or loan concept, businessman archery percentage arrow high up into the sky. There is a good chance that your homeowners insurance premium will be headed up this year. According to a recent S&P Global Market Intelligence report,  homeowners […]