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24536 Homeowners Insurance Quotes & Coverage Options

For homeowners like you shopping online for home insurance quotes in the 24536 zip code it's important to know that our rates are very competitive for homeowners living in Coleman Falls, VA. Many homeowners based out of your 24536 area have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the carriers that we will shop for you. Plus, our home insurance quotes are free and our Virginia licensed agents can provide a free consultation service to you that allows you to ask questions about the rates and coverage options. To start a free home insurance quote, simply click the "Get Multiple Quotes Now" button. Your 24536 should appear in the zip code field ready to go. For Coleman Falls, VA Homeowners Insurance Quotes nearby, we offer the best rates and service.

24536: Average Home Insurance Rates

For homeowners living in the great city of Coleman Falls, the average homeowners policy is considered medium in comparison to other states. Virginia premiums are estimated to be around $835 per year for homeowners insurance rates. You can easily save up to 40% or more, let us help you shop multiple home insurance quotes for free.

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24536 Home Insurance Average Premiums

Local 24536 homeowners insurance quotes comparison

$585 /yr.

Shows Zip Code: 24536 lowest rates with discounts applied on average.

For the 24536, 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)
$585 /yr.
Average Coverage:$835 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1135 /yr.

What is the average home insurance cost for a home in 24536?

  • • The average homeowners insurance premium paid annually for a home in 24536 is around $835 per year.

What does it cost on average per month for home insurance in 24536?

  • • Homeowners in 24536 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 24536?

  • • Autoowners in 24536 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 Coleman Falls area, check out other zip codes nearby 24536.
Review average rates in another zip code:
24536 homeowners insurance rates

Home Replacement Cost Coverage in 24536

Average Building Cost Per Square Foot in 24536: $163

Location: Coleman Falls, Virginia (Bedford County)

Average Square Footage in 24536: 1,012 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 24536 before you start any project. Coleman Falls 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 24536 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 24536 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,012 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 Coleman Falls 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$1631,012$165,000
Additional Upgrades & Added Features$2041,012$206,250
Major Home Updates or Advancements$2451,012$247,500

It's important to understand that when you estimate your replacement cost of your home in the 24536 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 24536

Best Home & Auto Insurance Agencies in 24536

Housing Demographics for 24536

Population Review for 24536 Zip Code

For the city of Coleman Falls, the population within 24536 has increased to over 228 residents in population size. The current population total is 317. We have broken down the population based on race below. In 24536, there are over 190 in male population and 127 females.

PopulationValues
Total Population317
White Population265
Black Population21
Hispanic Population6
Asian Population6
Hawaiian Population0
Indian Population3
Other Population2
Male Population190
Female Population127
Population Estimate228

Household Data for 24536

The average number of homes in 24536 is around 122, there are an average of 2.60 per household. The average house value according to local real estate values is around $165,000. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode122
Persons Per Household2.60
Average House Value$165,000
Income Per Household$0
Median Age45.5
Median Age Male48.3
Median Age Female41.6
24536 DetailsValues
StateVA
State Full NameVirginia
City TypeP
City Alias Abbreviation
Area Code434
CityColeman Falls
City Alias NameCOLEMAN FALLS
CountyBedford
County FIPS019
State FIPS51
Time Zone5
Day Light SavingY
MSA4640
PMSA
CSA
CBSA31340
CBSA_DIV
CBSA_TypeMetro
CBSA_NameLynchburg, VA
MSA_NameLynchburg, VA MSA
PMSA_Name
RegionSouth
DivisionSouth Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses5
Number Of Employees26
Business First Quarter Payroll216
Business Annual Payroll816
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population252634
CBSA Division Population0
Congressional District05|09
Congressional LandArea10029.79|9113.87
Delivery Residential88
Delivery Business0
Delivery Total111
Preferred Last Line KeyX26386
Classification Code
Multi-County
CSA Name
CBSA_DIV_Name
City State KeyX26386
Land Area9.455000
Water Area0.122000
City Alias Code
City Mixed CaseColeman Falls
City Alias Mixed CaseColeman Falls
Box Count20
SFDU88
MFDU0
State ANSI51
County ANSI515
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number512028
Unique ZIP Name
SSA State County Code49090
Medicare CBSA Code31340
Medicare CBSA NameLynchburg, VA
Medicare CBSA TypeMetro
Market Rating Area ID6
County Mixed CaseBedford

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