23227 Home Insurance Quotes & Rates

Currently, the 11,621 homes within the 23227 zip code are being challenged with rate increases and the demand for more affordable homeowners insurance premiums. The average home insurance rate for Virginia is around $860 per year for a standard HO-3 homeowners policy. A standard homeowners policy in Richmond, VA, insures your home from theft, fire, windstorm damage and liability accidents on your property. Flood or earthquake damage is not covered under a basic homeowners policy, we can help you review the best coverage option for your home in 23227.

Virginia is now ranking #33 in the country for the highest premiums. If you are trying to lower your premium and want to compare up to 12 Richmond home insurance quotes all in one place then GetHomeInsuranceQuotes.com of Virginia has the online shopping service for you. Our hassle free online quoting application allows homeowners in the 23227 area to review and compare the best rates and coverage options. We can provide a free consultation process to help you decide which carrier, coverage and policy is the best fit for you and your family. We realize that protecting your most valuable investment is very important to you, that is why we want to help you increase your coverage while providing the most affordable rates available. Let us help you shop and compare your Richmond, Virginia home insurance rates today!

Please give us a call now at 1-855-976-2656, easily get up to 12 rates over the phone in minutes. For Richmond, VA Home Insurance Quotes, start your shopping process to today, it's easy and hassle free!

23227 Home Insurance Average Premiums

Local 23227 homeowners insurance quotes comparison

$610 /yr.

Shows Zip Code: 23227 lowest rates with discounts applied on average.

For the 23227, 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)	$610 /yr.
Average Coverage:	$860 /yr.
2600 sq. ft. or higher (all discounts applied)	$1160 /yr.

What is the average home insurance cost for a home in 23227?

• The average homeowners insurance premium paid annually for a home in 23227 is around $860 per year.

What does it cost on average per month for home insurance in 23227?

• Homeowners in 23227 pay a monthly average cost per month around $72.00.

What kind of discount could I get if I combine my home and auto insurance together in 23227?

• Autoowners in 23227 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 Richmond area, check out other zip codes nearby 23227.
Review average rates in another zip code:
23220 homeowners insurance rates
23230 homeowners insurance rates
23223 homeowners insurance rates
23173 homeowners insurance rates
23234 homeowners insurance rates
23237 homeowners insurance rates
23225 homeowners insurance rates
23219 homeowners insurance rates
23221 homeowners insurance rates
23236 homeowners insurance rates

Home Replacement Cost Coverage in 23227

Average Building Cost Per Square Foot in 23227: $163

Location: Richmond, Virginia (Henrico County)

Average Square Footage in 23227: 1,639 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 23227 before you start any project. Richmond homeowners pay on average around $163 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 23227 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 23227 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,639 sq. ft. and the average cost to rebuild the home in this area is around $163 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 Richmond 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 Status	Price per Sq. Ft.	Square Feet	Dwelling Coverage
Basic Home Features	$163	1,639	$267,100
Additional Upgrades & Added Features	$204	1,639	$333,875
Major Home Updates or Advancements	$245	1,639	$400,650

Calculate Your Dwelling Coverage in 23227

It's important to understand that when you estimate your replacement cost of your home in the 23227 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 Home & Auto Insurance Agencies in 23227

Woolwine Insurance Agency Inc - State Farm Insurance Agent

Address: 4801 Hermitage Road Richmond, VA 23227
Phone:
Website: http://www.richmond.citysearch.com/profile/external/10559743/richmond_va/woolwine_insurance_agcy_inc_state_farm_insurance_agent.html
Info:

Allstate Insurance Company - Monique Jacobs

Address: 1727 W Main St Richmond, VA 23227
Phone:
Website: http://www.allstateagencies.com/MONIQUE.JACOBS/Welcome/
Info:

Allstate Insurance Companies

Address: 898 E Parham Rd Richmond, VA 23227
Phone:
Website: http://www.allstate.com
Info: Allstate Car Insurance Quotes, Home Insurance, Financial Products and More
Allstate auto insurance quotes and anonymous ballpark estimates to help protect you, your family and your automobile. Insurance and financial products include car insurance, home insurance, business insurance, life insurance, IRAs and annuities. car insurance, auto insurance quote, vehicle insurance, free online insurance quotes, rate quote, life insurance, annuities, mutual funds, IRAs, allstate insurance agent, allstate.com

Nationwide Insurance Insurance

Address: 10150 Staples Mill Rd, Ste A Glen Allen, VA 23227
Phone:
Website: http://www.richmond.citysearch.com/profile/external/45426383/glen_allen_va/nationwide_insurance_insurance.html
Info:

Insurance

Address: Richmond, VA 23227
Phone:
Website: http://www.insurancecoinc.com/
Info:

Housing Demographics for 23227

Population Review for 23227 Zip Code

For the city of Richmond, the population within 23227 has increased to over 25,644 residents in population size. The current population total is 25,283. We have broken down the population based on race below. In 23227, there are over 11648 in male population and 13635 females.

Population	Values
Total Population	25,283
White Population	10869
Black Population	11897
Hispanic Population	1098
Asian Population	547
Hawaiian Population	14
Indian Population	86
Other Population	470
Male Population	11648
Female Population	13635
Population Estimate	25644

Household Data for 23227

The average number of homes in 23227 is around 11,621, there are an average of 2.09 per household. The average house value according to local real estate values is around $267,100. Please review the following demographics below for average income and media age.

Housing / Income Data	Values
Households Per Zipcode	11,621
Persons Per Household	2.09
Average House Value	$267,100
Income Per Household	$58083
Median Age	45.2
Median Age Male	41.8
Median Age Female	48.1

23227 Details	Values
State	VA
State Full Name	Virginia
City Type	P
City Alias Abbreviation
Area Code	804
City	Richmond
City Alias Name	RICHMOND
County	Henrico
County FIPS	087
State FIPS	51
Time Zone	5
Day Light Saving	Y
MSA	6760
PMSA
CSA
CBSA	40060
CBSA_DIV
CBSA_Type	Metro
CBSA_Name	Richmond, VA
MSA_Name	Richmond-Petersburg, VA MSA
PMSA_Name
Region	South
Division	South Atlantic
MailingName	Y

Economic & Growth Review	Values
Number Of Businesses	518
Number Of Employees	9630
Business First Quarter Payroll	112312
Business Annual Payroll	457418
Business Employment Flag
Growth Rank	0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number	0
Growth Increase Percentage	0.0

Metropolitan Details	Values
CBSA Population	1258251
CBSA Division Population	0
Congressional District	01\|04
Congressional LandArea	3684.32\|4310.34
Delivery Residential	12270
Delivery Business	476
Delivery Total	13416
Preferred Last Line Key	X27528
Classification Code
Multi-County	Y
CSA Name
CBSA_DIV_Name
City State Key	X27528
Land Area	11.478000
Water Area	0.407000
City Alias Code
City Mixed Case	Richmond
City Alias Mixed Case	Richmond
Box Count	236
SFDU	7625
MFDU	3703
State ANSI	51
County ANSI	087
ZIP Intro
Alias Intro
Facility Code	P
City Delivery Indicator	Y
Carrier Route Rate Sortation	D
Finance Number	517650
Unique ZIP Name
SSA State County Code	49430
Medicare CBSA Code	40060
Medicare CBSA Name	Richmond, VA
Medicare CBSA Type	Metro
Market Rating Area ID	7
County Mixed Case	Henrico

Virginia Homeowners Insurance News & Information

$4.5B Estimated In Insured Losses After 2024 Florida Hurricanes Posted on Wednesday 13th November, 2024
According to the Florida Office of Insurance Regulation, the three hurricanes that made landfall this year have caused more than $4.5 billion in estimated insured losses. Hurricane Debby, Helene and Milton all hit the state within two months of each other Helene and Milton struck just two weeks apart. State data show that over 269,000 […]
I can’t afford my home insurance, what do I do? Posted on Saturday 9th November, 2024
According to data from the National Association of Realtors (NAR), the average U.S. insurance rate is $2,377 a year. The data also suggest that homeowners could see a 6% rise in rates by the end of the year which is in addition to the 20% increase over the two previous years. As climate change pushes […]
How to Get the Best Homeowners Insurance Policy for Your Needs Posted on Wednesday 6th November, 2024
Having the proper insurance coverages in place is a critical part of owning a home, it protects your investment and finances in the event your home is destroyed by an unexpected disaster such as a fire, flood or severe storm. Understanding the different coverages that are available to homeowners is key to making sure you […]

Home Insurance Quotes in 23227!