Compare 23704 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Portsmouth just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 8,467 neighbors looking to save on their home insurance policy in the local 23704 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 23704. So how do we provide affordable home insurance quotes? We use your home details from our online quoting application to compare the best Virginia 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 Portsmouth, VA 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 Portsmouth, VA

23704 Home Insurance Average Premiums

Local 23704 homeowners insurance quotes comparison

$581 /yr.

Shows Zip Code: 23704 lowest rates with discounts applied on average.

For the 23704, 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)	$581 /yr.
Average Coverage:	$831 /yr.
2600 sq. ft. or higher (all discounts applied)	$1131 /yr.

What is the average home insurance cost for a home in 23704?

• The average homeowners insurance premium paid annually for a home in 23704 is around $831 per year.

What does it cost on average per month for home insurance in 23704?

• Homeowners in 23704 pay a monthly average cost per month around $69.00.

What kind of discount could I get if I combine my home and auto insurance together in 23704?

• Autoowners in 23704 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 Portsmouth area, check out other zip codes nearby 23704.
Review average rates in another zip code:
23704 homeowners insurance rates
23707 homeowners insurance rates
23702 homeowners insurance rates
23703 homeowners insurance rates
23701 homeowners insurance rates
23708 homeowners insurance rates

Home Replacement Cost Coverage in 23704

Average Building Cost Per Square Foot in 23704: $163

Location: Portsmouth, Virginia (Portsmouth City County)

Average Square Footage in 23704: 923 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 23704 before you start any project. Portsmouth 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 23704 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 23704 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 923 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 Portsmouth 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	923	$150,500
Additional Upgrades & Added Features	$204	923	$188,125
Major Home Updates or Advancements	$245	923	$225,750

Calculate Your Dwelling Coverage in 23704

It's important to understand that when you estimate your replacement cost of your home in the 23704 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 23704

Allstate Insurance CO

Address: 709 London St Portsmouth, VA 23704
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

Housing Demographics for 23704

Population Review for 23704 Zip Code

For the city of Portsmouth, the population within 23704 has increased to over 20,072 residents in population size. The current population total is 19,505. We have broken down the population based on race below. In 23704, there are over 9370 in male population and 10135 females.

Population	Values
Total Population	19,505
White Population	4527
Black Population	13288
Hispanic Population	868
Asian Population	241
Hawaiian Population	30
Indian Population	101
Other Population	321
Male Population	9370
Female Population	10135
Population Estimate	20072

Household Data for 23704

The average number of homes in 23704 is around 8,467, there are an average of 2.24 per household. The average house value according to local real estate values is around $150,500. Please review the following demographics below for average income and media age.

Housing / Income Data	Values
Households Per Zipcode	8,467
Persons Per Household	2.24
Average House Value	$150,500
Income Per Household	$42831
Median Age	35.9
Median Age Male	34.1
Median Age Female	37.4

23704 Details	Values
State	VA
State Full Name	Virginia
City Type	P
City Alias Abbreviation
Area Code	757/948
City	Portsmouth
City Alias Name	PORTSMOUTH
County	Portsmouth City
County FIPS	740
State FIPS	51
Time Zone	5
Day Light Saving	Y
MSA	5720
PMSA
CSA	545
CBSA	47260
CBSA_DIV
CBSA_Type	Metro
CBSA_Name	Virginia Beach-Chesapeake-Norfolk, VA-NC
MSA_Name	Norfolk-Virginia Beach-Newport News, VA-NC
PMSA_Name
Region	South
Division	South Atlantic
MailingName	Y

Economic & Growth Review	Values
Number Of Businesses	419
Number Of Employees	5177
Business First Quarter Payroll	51941
Business Annual Payroll	225052
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	1671683
CBSA Division Population	0
Congressional District	03
Congressional LandArea	947.1
Delivery Residential	8961
Delivery Business	699
Delivery Total	12626
Preferred Last Line Key	X27438
Classification Code
Multi-County
CSA Name	Virginia Beach-Chesapeake, VA-NC
CBSA_DIV_Name
City State Key	X27438
Land Area	4.520000
Water Area	0.502000
City Alias Code
City Mixed Case	Portsmouth
City Alias Mixed Case	Portsmouth
Box Count	0
SFDU	5844
MFDU	2152
State ANSI	51
County ANSI	740
ZIP Intro
Alias Intro
Facility Code	P
City Delivery Indicator	Y
Carrier Route Rate Sortation	D
Finance Number	517230
Unique ZIP Name
SSA State County Code	49711
Medicare CBSA Code	47260
Medicare CBSA Name	Virginia Beach-Norfolk-Newport News, VA-NC
Medicare CBSA Type	Metro
Market Rating Area ID	9
County Mixed Case	Portsmouth City

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 23704!