Get multiple home insurance quotes in 24556. Our licensed 24556, VA agents are ready to serve you.

Compare 24556 Home Insurance Rates

Are you looking to easily compare home insurance prices online for your home in the 24556 area? The average homeowners premium in Virginia for a standard homeowners policy is around $868/yr., paid annually through your mortgage provider if your home is not currently paid in full. A standard policy for your home is referred to as an HO-3 policy which is the most common homeowners policy. This type of policy covers all perils, but will exclude certain major perils like flood and earthquake damage. The exceptions are listed on your current policy so it is important to know what type of coverage you currently have so you can compare the best home insurance rates, companies and policy protection. In the 24556 zip code, the population size is around 3,357 with 1,256 currently occupied homeowners. Our online quoting process helps make it easy for you to shop and compare the best home insurance rates for your home in 24556.

Please give us a call now at 1-855-976-2656, and easily get up to 12 rates over the phone in minutes. Easily shop the best rates for Goode, VA Homeowners Insurance. Compare companies, quotes, coverages and more.

Avg. VA RateDiscountsSavingsShop Rates
$1,107up to 40% off$443

24556 Home Insurance Average Premiums

Local 24556 homeowners insurance quotes comparison

$618 /yr.

Shows Zip Code: 24556 lowest rates with discounts applied on average.

For the 24556, 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)
$618 /yr.
Average Coverage:$868 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1168 /yr.

What is the average home insurance cost for a home in 24556?

  • • The average homeowners insurance premium paid annually for a home in 24556 is around $868 per year.

What does it cost on average per month for home insurance in 24556?

  • • Homeowners in 24556 pay a monthly average cost per month around $72.00.

What kind of discount could I get if I combine my home and auto insurance together in 24556?

  • • Autoowners in 24556 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 Goode area, check out other zip codes nearby 24556.
Review average rates in another zip code:
24556 homeowners insurance rates

Home Replacement Cost Coverage in 24556

Average Building Cost Per Square Foot in 24556: $163

Location: Goode, Virginia (Bedford County)

Average Square Footage in 24556: 1,654 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 24556 before you start any project. Goode 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 24556 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 24556 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,654 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 Goode 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$1631,654$269,600
Additional Upgrades & Added Features$2041,654$337,000
Major Home Updates or Advancements$2451,654$404,400

It's important to understand that when you estimate your replacement cost of your home in the 24556 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 24556

Best Home & Auto Insurance Agencies in 24556

Housing Demographics for 24556

Population Review for 24556 Zip Code

For the city of Goode, the population within 24556 has increased to over 3,548 residents in population size. The current population total is 3,357. We have broken down the population based on race below. In 24556, there are over 1745 in male population and 1612 females.

PopulationValues
Total Population3,357
White Population2971
Black Population144
Hispanic Population109
Asian Population36
Hawaiian Population2
Indian Population18
Other Population37
Male Population1745
Female Population1612
Population Estimate3548

Household Data for 24556

The average number of homes in 24556 is around 1,256, there are an average of 2.67 per household. The average house value according to local real estate values is around $269,600. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode1,256
Persons Per Household2.67
Average House Value$269,600
Income Per Household$75881
Median Age46.0
Median Age Male46.1
Median Age Female45.9
24556 DetailsValues
StateVA
State Full NameVirginia
City TypeP
City Alias Abbreviation
Area Code434
CityGoode
City Alias NameGOODE
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 Businesses60
Number Of Employees271
Business First Quarter Payroll2018
Business Annual Payroll9080
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 Residential1329
Delivery Business20
Delivery Total1466
Preferred Last Line KeyX26727
Classification Code
Multi-County
CSA Name
CBSA_DIV_Name
City State KeyX26727
Land Area39.606000
Water Area0.165000
City Alias Code
City Mixed CaseGoode
City Alias Mixed CaseGoode
Box Count80
SFDU1269
MFDU0
State ANSI51
County ANSI515
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationD
Finance Number513666
Unique ZIP Name
SSA State County Code49090
Medicare CBSA Code31340
Medicare CBSA NameLynchburg, VA
Medicare CBSA TypeMetro
Market Rating Area ID6
County Mixed CaseBedford

Virginia Homeowners Insurance News & Information

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    Spring is here, the days are getting longer, the weather is warming up and the trees are starting to bud. All of this makes it a great time for homeowners to knock out some spring cleaning and home maintenance.  We thought it might be a good idea to look at some spring cleaning and maintenance […]

  • Homeowners Now Use This Strategy To Save Money on Home Insurance. Is It a Good Idea? Posted on Wednesday 26th March, 2025

    According to a new Market Watch article, homeowners who are struggling with the cost of higher homeowner insurance premiums are making the move to policies with higher deductibles to help lower their costs. While this strategy may work for some, it is not the best idea for everyone.  Data from the Intercontinental Exchange (ICE) showed […]

  • Florida Homeowners With Insurance Are Struggling to Get Claims Paid – Why? Posted on Wednesday 19th March, 2025

    According to a recent Moneywise article, homeowners with insurance coverage in Florida are struggling to get claims paid.  Chad Zalva, a single dad in Riverview, Florida, was cited as an example in the article as a homeowner who is carrying homeowners insurance but was recently surprised to learn that the damage to his home from […]