Get multiple home insurance quotes in 98406. Our licensed 98406, WA agents are ready to serve you.

Home Insurance in 98406

Our rates are very competitive for homeowners living in the 98406 zip code. Many homeowners based out of Tacoma, WA 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 WA 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 98406 should appear in the zip code field ready to go.

98406 Average Home Insurance Rates

Are you looking for a standard HO-3 homeowners policy for your single family home in the Tacoma area? The average homeowners premium in 98406 is very low in comparison to other states. For example, the national average is $1,249 per year for home insurance coverage for a basic home insurance policy. For homeowners living in the 98406, you can expect to pay around $653 per year for homeowners coverage. If you want to see which company has the best rates and coverage options, than easily compare rates with us. You can review each premium and we can help explain any question that you may have about different types of coverages and what is best for you and your family.

Get Home Insurance Coverage in 98406 Today!

Get Home Insurance Quotes in 98406

We can shop up to 12 home insurance quotes for you easily online. You can find out more by exploring one of the three links below to review average homeowners insurance rates in the great state of Washington. Start your 98406 home insurance shopping today!

  1. Tacoma, WA Home Insurance Quotes

98406 Home Insurance Average Premiums

Local 98406 homeowners insurance quotes comparison

$403 /yr.

Shows Zip Code: 98406 lowest rates with discounts applied on average.

For the 98406, 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)
$403 /yr.
Average Coverage:$653 /yr.
2600 sq. ft. or higher
(all discounts applied)
$953 /yr.

What is the average home insurance cost for a home in 98406?

  • • The average homeowners insurance premium paid annually for a home in 98406 is around $653 per year.

What does it cost on average per month for home insurance in 98406?

  • • Homeowners in 98406 pay a monthly average cost per month around $54.00.

What kind of discount could I get if I combine my home and auto insurance together in 98406?

  • • Autoowners in 98406 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 Tacoma area, check out other zip codes nearby 98406.
Review average rates in another zip code:
98466 homeowners insurance rates
98403 homeowners insurance rates
98418 homeowners insurance rates
98421 homeowners insurance rates
98465 homeowners insurance rates
98447 homeowners insurance rates
98407 homeowners insurance rates
98405 homeowners insurance rates
98409 homeowners insurance rates
98446 homeowners insurance rates

Home Replacement Cost Coverage in 98406

Average Building Cost Per Square Foot in 98406: $242

Location: Tacoma, Washington (Pierce County)

Average Square Footage in 98406: 1,741 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 98406 before you start any project. Tacoma homeowners pay on average around $242 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 98406 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 98406 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,741 sq. ft. and the average cost to rebuild the home in this area is around $242 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 Tacoma 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$2421,741$421,200
Additional Upgrades & Added Features$3031,741$526,500
Major Home Updates or Advancements$3631,741$631,800

It's important to understand that when you estimate your replacement cost of your home in the 98406 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 98406

Allstate Insurance-Marcia Keil

Address: 2102 N Pearl St Ste 401 Tacoma, WA 98406
Phone: (253)759-9999
Website:

Best Home & Auto Insurance Agencies in 98406

Nije, Gienna Manager - DMA Northwest Insurance Company

Address: 2252 N Proctor St Tacoma, WA 98406
Phone:
Website: http://www.autoinsuranceseattlewa.com/tacoma
Info:

C Cable Insurance

Address: 1222 N Anderson St Tacoma, WA 98406
Phone:
Website: http://www.dexknows.com/rd?dku=http://www.dexknows.com/business_profiles/c_cable_insurance-b311046&mkt=63801
Info:

Boysen- Hans J - State Farm Insurance Agent

Address: 4318 6th Ave Tacoma, WA 98406
Phone:
Website:
Info:

ACE Cash Express

Address: 3205 6th Ave Tacoma, WA 98406
Phone:
Website: http://www.acecashexpress.com/
Info:

Allstate Insurance-Marcia Keil

Address: 2102 N Pearl St, #401 Tacoma, WA 98406
Phone:
Website:
Info:

Housing Demographics for 98406

Population Review for 98406 Zip Code

For the city of Tacoma, the population within 98406 has increased to over 22,866 residents in population size. The current population total is 22,768. We have broken down the population based on race below. In 98406, there are over 10818 in male population and 11950 females.

PopulationValues
Total Population22,768
White Population17342
Black Population1113
Hispanic Population1545
Asian Population1075
Hawaiian Population106
Indian Population213
Other Population458
Male Population10818
Female Population11950
Population Estimate22866

Household Data for 98406

The average number of homes in 98406 is around 9,792, there are an average of 2.25 per household. The average house value according to local real estate values is around $421,200. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode9,792
Persons Per Household2.25
Average House Value$421,200
Income Per Household$89659
Median Age41.2
Median Age Male39.6
Median Age Female43.0
98406 DetailsValues
StateWA
State Full NameWashington
City TypeP
City Alias Abbreviation
Area Code253
CityTacoma
City Alias NameTACOMA
CountyPierce
County FIPS053
State FIPS53
Time Zone8
Day Light SavingY
MSA7602
PMSA8200
CSA500
CBSA42660
CBSA_DIV45104
CBSA_TypeMetro
CBSA_NameSeattle-Tacoma-Bellevue, WA
MSA_NameSeattle-Tacoma-Bremerton, WA CMSA
PMSA_NameTacoma, WA PMSA
RegionWest
DivisionPacific
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses520
Number Of Employees4628
Business First Quarter Payroll41442
Business Annual Payroll184647
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population3439809
CBSA Division Population795225
Congressional District06
Congressional LandArea6902.73
Delivery Residential10163
Delivery Business468
Delivery Total11293
Preferred Last Line KeyZ17597
Classification Code
Multi-County
CSA NameSeattle-Tacoma, WA
CBSA_DIV_NameTacoma-Lakewood, WA
City State KeyZ17597
Land Area4.181000
Water Area0.479000
City Alias Code
City Mixed CaseTacoma
City Alias Mixed CaseTacoma
Box Count0
SFDU6829
MFDU2644
State ANSI53
County ANSI053
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number548330
Unique ZIP Name
SSA State County Code50260
Medicare CBSA Code45104
Medicare CBSA NameTacoma-Lakewood, WA
Medicare CBSA TypeMetro
Market Rating Area ID5
County Mixed CasePierce

Washington Homeowners Insurance News & Information

  • 2025 – Study Shows Home Insurance Market Stabilizing Posted on Wednesday 11th December, 2024

    According to a new report from Matic, the homeowner’s insurance market has shown signs of stabilizing roughly two years after major premium hikes and coverage challenges.  Even though premiums are high, trends in the insurance industry show that a slowdown in premium growth may be coming. Here is a brief overview of the report and […]

  • What’s the average home insurance rate for a $300K home in 2024? Posted on Monday 9th December, 2024

    A recent report from Insurance.com found that the average homeowners insurance rate for a $300,000 in homeowners coverage hit $2,777 per year which breaks down to $231 monthly.  The cost of homeowners insurance in some states can be extremely expensive, for years Florida has been know to have the highest premiums in the nation. When […]

  • $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 […]