23235, VA Home Insurance

In the zip code of 23235, the population size is around 34,058, which consists of 13,902 occupied homes in your area. We often hear homeowners ask us what the average home insurance premiums are for residence living in Richmond, VA. A few years ago, a study was done and found that the average home insurance rates for Virginia are around $839 per year for a standard homeowners policy. At GetHomeInsuranceQuotes.com, we help homeowners find cheaper rates and better coverage for an existing or new home purchase opportunity. We have partnered with 12 major home insurance companies that have the most competitive rates for homes in the 23235 zip code location. Our savings model helps you not only save up to 40% or more, but also includes enhanced coverage options to help protect your home and family while livings in Richmond. If you enter your zip code for the home you would like to shop and compare rates for today, we can help you review the premiums and coverage online or over the phone. Give us a call now at 1-855-976-2656 so we can help you compare rates today!

If you would like to review more information on rates within your area, please click Richmond, VA Homeowners Insurance Online Rates Today!

23235 Home Insurance Average Premiums

Local 23235 homeowners insurance quotes comparison

$589 /yr.

Shows Zip Code: 23235 lowest rates with discounts applied on average.

For the 23235, 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)	$589 /yr.
Average Coverage:	$839 /yr.
2600 sq. ft. or higher (all discounts applied)	$1139 /yr.

What is the average home insurance cost for a home in 23235?

• The average homeowners insurance premium paid annually for a home in 23235 is around $839 per year.

What does it cost on average per month for home insurance in 23235?

• Homeowners in 23235 pay a monthly average cost per month around $70.00.

What kind of discount could I get if I combine my home and auto insurance together in 23235?

• Autoowners in 23235 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 23235.
Review average rates in another zip code:
23236 homeowners insurance rates
23222 homeowners insurance rates
23224 homeowners insurance rates
23237 homeowners insurance rates
23219 homeowners insurance rates
23227 homeowners insurance rates
23173 homeowners insurance rates
23226 homeowners insurance rates
23230 homeowners insurance rates
23220 homeowners insurance rates

Home Replacement Cost Coverage in 23235

Average Building Cost Per Square Foot in 23235: $163

Location: Richmond, Virginia (Chesterfield County)

Average Square Footage in 23235: 1,598 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 23235 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 23235 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 23235 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,598 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	1,598	$260,400
Additional Upgrades & Added Features	$204	1,598	$325,500
Major Home Updates or Advancements	$245	1,598	$390,600

Calculate Your Dwelling Coverage in 23235

It's important to understand that when you estimate your replacement cost of your home in the 23235 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 23235

Cunningham- Ralph J - State Farm Insurance Agent

Address: 1901 Huguenot Rd, #100 Richmond, VA 23235
Phone:
Website:
Info:

Wheeler, Gary - State Farm Insurance Agent

Address: 2505 Pocoshock Place Richmond, VA 23235
Phone:
Website: http://www.citysearch.com/profile/external/605142242/richmond_va/wheeler_gary_state_farm_insurance_agent.html
Info:

HOLLY WATERS-FARMERS INSURANCE

Address: 8710 Choctaw Road #4a Richmond, VA 23235
Phone:
Website: http://www.richmond.citysearch.com/profile/external/604714982/richmond_va/holly_waters_farmers_insurance.html
Info:

Baltich- Brooks W

Address: 8011 Buford Ct Richmond, VA 23235
Phone:
Website:
Info:

Reynolds- Matthew W

Address: 7629 Hull St Rd Richmond, VA 23235
Phone:
Website:
Info:

Housing Demographics for 23235

Population Review for 23235 Zip Code

For the city of Richmond, the population within 23235 has increased to over 35,740 residents in population size. The current population total is 34,058. We have broken down the population based on race below. In 23235, there are over 16332 in male population and 17726 females.

Population	Values
Total Population	34,058
White Population	22718
Black Population	5703
Hispanic Population	3333
Asian Population	1084
Hawaiian Population	15
Indian Population	129
Other Population	1816
Male Population	16332
Female Population	17726
Population Estimate	35740

Household Data for 23235

The average number of homes in 23235 is around 13,902, there are an average of 2.38 per household. The average house value according to local real estate values is around $260,400. Please review the following demographics below for average income and media age.

Housing / Income Data	Values
Households Per Zipcode	13,902
Persons Per Household	2.38
Average House Value	$260,400
Income Per Household	$82535
Median Age	42.1
Median Age Male	39.0
Median Age Female	45.2

23235 Details	Values
State	VA
State Full Name	Virginia
City Type	P
City Alias Abbreviation
Area Code	804
City	Richmond
City Alias Name	RICHMOND
County	Chesterfield
County FIPS	041
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	1350
Number Of Employees	20493
Business First Quarter Payroll	245400
Business Annual Payroll	1025634
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	15017
Delivery Business	1587
Delivery Total	20121
Preferred Last Line Key	X27528
Classification Code
Multi-County	Y
CSA Name
CBSA_DIV_Name
City State Key	X27528
Land Area	17.800000
Water Area	0.080000
City Alias Code
City Mixed Case	Richmond
City Alias Mixed Case	Richmond
Box Count	451
SFDU	10861
MFDU	2058
State ANSI	51
County ANSI	041
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	49200
Medicare CBSA Code	40060
Medicare CBSA Name	Richmond, VA
Medicare CBSA Type	Metro
Market Rating Area ID	7
County Mixed Case	Chesterfield

Virginia Homeowners Insurance News & Information

2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024
According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges. Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]
What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024
A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly. The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]
$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 […]

Home Insurance Quotes in 23235!