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Homeowners Insurance in 24053

Getting the most affordable home insurance rates in 24053 just got easier for Ararat, VA home insurance shoppers who want to shop online at GetHomeInsuranceQuotes.com. We provide up to 12 rates and coverage options available to you from the leading home insurance companies that have the most competitive premiums available in the great city of Ararat. Because our online quoting application is free, we are happy to server thousands of homeowners like you that want a quick way to review and compare affordable rates. Shop online with us by entering your zip code now. Or you can speak with an agent now at 1-855-976-2656 For Ararat, VA Home Insurance Quotes, Click to easily review rates!

Average Home Insurance Rates in 24053

When discussing Virginia homeowners insurance rates, Ararat residents are finding new ways to save time and money by discovering lower rates when they shop online. Virginia may not be the cheapest state in the country to purchase homeowners insurance, but it does rank lower than average at a nationwide rank of 33. Residents that live within the 24053 zipcode are currently paying $815 for home insurance coverage on average, where the majority of the United States home insurance premiums are around $1,249. These average home insurance rates reflect the cost of a standard home insurance policy which includes the coverage of your home, contents, loss of use, medical payments and homeowner liability coverage. It is very important to understand that a standard homeowners insurance policy in Ararat does not include flood insurance coverage. We will need to write a separate policy and our agents are available to help you review and compare what's the best fit for your home and family.

24053 Home Insurance Average Premiums

Local 24053 homeowners insurance quotes comparison

$565 /yr.

Shows Zip Code: 24053 lowest rates with discounts applied on average.

For the 24053, 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)
$565 /yr.
Average Coverage:$815 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1115 /yr.

What is the average home insurance cost for a home in 24053?

  • • The average homeowners insurance premium paid annually for a home in 24053 is around $815 per year.

What does it cost on average per month for home insurance in 24053?

  • • Homeowners in 24053 pay a monthly average cost per month around $68.00.

What kind of discount could I get if I combine my home and auto insurance together in 24053?

  • • Autoowners in 24053 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 Ararat area, check out other zip codes nearby 24053.
Review average rates in another zip code:
24053 homeowners insurance rates

Home Replacement Cost Coverage in 24053

Average Building Cost Per Square Foot in 24053: $163

Location: Ararat, Virginia (Patrick County)

Average Square Footage in 24053: 679 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 24053 before you start any project. Ararat 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 24053 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 24053 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 679 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 Ararat 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$163679$110,700
Additional Upgrades & Added Features$204679$138,375
Major Home Updates or Advancements$245679$166,050

It's important to understand that when you estimate your replacement cost of your home in the 24053 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 24053

Best Home & Auto Insurance Agencies in 24053

Housing Demographics for 24053

Population Review for 24053 Zip Code

For the city of Ararat, the population within 24053 has increased to over 2,521 residents in population size. The current population total is 2,356. We have broken down the population based on race below. In 24053, there are over 1228 in male population and 1128 females.

PopulationValues
Total Population2,356
White Population2111
Black Population91
Hispanic Population127
Asian Population5
Hawaiian Population0
Indian Population3
Other Population70
Male Population1228
Female Population1128
Population Estimate2521

Household Data for 24053

The average number of homes in 24053 is around 1,009, there are an average of 2.33 per household. The average house value according to local real estate values is around $110,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode1,009
Persons Per Household2.33
Average House Value$110,700
Income Per Household$43169
Median Age48.5
Median Age Male46.7
Median Age Female50.4
24053 DetailsValues
StateVA
State Full NameVirginia
City TypeP
City Alias Abbreviation
Area Code276
CityArarat
City Alias NameARARAT
CountyPatrick
County FIPS141
State FIPS51
Time Zone5
Day Light SavingY
MSA
PMSA
CSA
CBSA
CBSA_DIV
CBSA_Type
CBSA_Name
MSA_Name
PMSA_Name
RegionSouth
DivisionSouth Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses18
Number Of Employees49
Business First Quarter Payroll226
Business Annual Payroll1015
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population0
CBSA Division Population0
Congressional District09
Congressional LandArea9113.87
Delivery Residential1082
Delivery Business20
Delivery Total1211
Preferred Last Line KeyX26039
Classification Code
Multi-CountyY
CSA Name
CBSA_DIV_Name
City State KeyX26039
Land Area50.116000
Water Area0.037000
City Alias Code
City Mixed CaseArarat
City Alias Mixed CaseArarat
Box Count94
SFDU1082
MFDU0
State ANSI51
County ANSI141
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number510276
Unique ZIP Name
SSA State County Code49700
Medicare CBSA Code99949
Medicare CBSA NameRural Areas in VA
Medicare CBSA TypeMicro
Market Rating Area ID12
County Mixed CasePatrick

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