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Compare 24348 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Independence just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 1,727 neighbors looking to save on their home insurance policy in the local 24348 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 24348. 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 Independence, 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 Independence, VA

24348 Home Insurance Average Premiums

Local 24348 homeowners insurance quotes comparison

$556 /yr.

Shows Zip Code: 24348 lowest rates with discounts applied on average.

For the 24348, 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)
$556 /yr.
Average Coverage:$806 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1106 /yr.

What is the average home insurance cost for a home in 24348?

  • • The average homeowners insurance premium paid annually for a home in 24348 is around $806 per year.

What does it cost on average per month for home insurance in 24348?

  • • Homeowners in 24348 pay a monthly average cost per month around $67.00.

What kind of discount could I get if I combine my home and auto insurance together in 24348?

  • • Autoowners in 24348 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 Independence area, check out other zip codes nearby 24348.
Review average rates in another zip code:
24348 homeowners insurance rates

Home Replacement Cost Coverage in 24348

Average Building Cost Per Square Foot in 24348: $163

Location: Independence, Virginia (Grayson County)

Average Square Footage in 24348: 716 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 24348 before you start any project. Independence 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 24348 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 24348 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 716 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 Independence 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$163716$116,700
Additional Upgrades & Added Features$204716$145,875
Major Home Updates or Advancements$245716$175,050

It's important to understand that when you estimate your replacement cost of your home in the 24348 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 24348

Best Home & Auto Insurance Agencies in 24348

Allstate Insurance Companies

Address: 336 E Main St Independence, VA 24348
Phone:
Website:
Info:

Nationwide Insurance Louis Hash Agent

Address: 116 E Main St Independence, VA 24348
Phone:
Website:
Info:

Housing Demographics for 24348

Population Review for 24348 Zip Code

For the city of Independence, the population within 24348 has increased to over 3,853 residents in population size. The current population total is 4,725. We have broken down the population based on race below. In 24348, there are over 2787 in male population and 1938 females.

PopulationValues
Total Population4,725
White Population3707
Black Population709
Hispanic Population257
Asian Population4
Hawaiian Population2
Indian Population16
Other Population96
Male Population2787
Female Population1938
Population Estimate3853

Household Data for 24348

The average number of homes in 24348 is around 1,727, there are an average of 2.13 per household. The average house value according to local real estate values is around $116,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode1,727
Persons Per Household2.13
Average House Value$116,700
Income Per Household$40750
Median Age47.1
Median Age Male43.4
Median Age Female52.5
24348 DetailsValues
StateVA
State Full NameVirginia
City TypeP
City Alias Abbreviation
Area Code276
CityIndependence
City Alias NameINDEPENDENCE
CountyGrayson
County FIPS077
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 Businesses73
Number Of Employees756
Business First Quarter Payroll6407
Business Annual Payroll29599
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 Residential1809
Delivery Business52
Delivery Total2175
Preferred Last Line KeyX26876
Classification Code
Multi-County
CSA Name
CBSA_DIV_Name
City State KeyX26876
Land Area101.887000
Water Area0.932000
City Alias Code
City Mixed CaseIndependence
City Alias Mixed CaseIndependence
Box Count226
SFDU1722
MFDU0
State ANSI51
County ANSI077
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationD
Finance Number514518
Unique ZIP Name
SSA State County Code49380
Medicare CBSA Code99949
Medicare CBSA NameRural Areas in VA
Medicare CBSA TypeMicro
Market Rating Area ID12
County Mixed CaseGrayson

Virginia Homeowners Insurance News & Information

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