98407 Homeowners Insurance Rate Quotes

Are you shopping for homeowners insurance quotes in 98407? Our rates are very competitive for homeowners living in Tacoma, WA. Many homeowners based out of your 98407 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 homeowners insurance quotes are free and our Washington 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 98407 should appear in the zip code field ready to go. For Tacoma, WA Home Insurance Rate Quotes click to review the best rates and service online!

98407 Average Premium is Rated: Very Low!

Homeowners living in 98407 can easily save up to 40% off the average home insurance premium of $716 a year by comparing rates with us at GetHomeInsuranceQuotes.com. You don't have to do the research to find the best company, rate and coverage options. We have already done this for you. We have 12 major carriers in Tacoma that are all very competitive and have the best rate and coverage option available. All you need to do is request quotes online for zip code 98407 and we will help you compare prices and apply all available discounts. If you want savings and also need help deciding which policy is best for you, than let us help you compare multiple rates today!

Get Multiple Home Insurance Rates in 98407!

98407 Home Insurance Average Premiums

Local 98407 homeowners insurance quotes comparison

$466 /yr.

Shows Zip Code: 98407 lowest rates with discounts applied on average.

For the 98407, 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)	$466 /yr.
Average Coverage:	$716 /yr.
2600 sq. ft. or higher (all discounts applied)	$1016 /yr.

What is the average home insurance cost for a home in 98407?

• The average homeowners insurance premium paid annually for a home in 98407 is around $716 per year.

What does it cost on average per month for home insurance in 98407?

• Homeowners in 98407 pay a monthly average cost per month around $60.00.

What kind of discount could I get if I combine my home and auto insurance together in 98407?

• Autoowners in 98407 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 98407.
Review average rates in another zip code:
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Home Replacement Cost Coverage in 98407

Average Building Cost Per Square Foot in 98407: $242

Location: Tacoma, Washington (Pierce County)

Average Square Footage in 98407: 1,910 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 98407 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 98407 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 98407 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,910 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 Status	Price per Sq. Ft.	Square Feet	Dwelling Coverage
Basic Home Features	$242	1,910	$462,200
Additional Upgrades & Added Features	$303	1,910	$577,750
Major Home Updates or Advancements	$363	1,910	$693,300

Calculate Your Dwelling Coverage in 98407

It's important to understand that when you estimate your replacement cost of your home in the 98407 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 Home & Auto Insurance Agencies in 98407

Allstate Insurance Company

Address: 2607 N Proctor St Tacoma, WA 98407
Phone:
Website: http://www.national.citysearch.com/profile/external/602885202/tacoma_wa/allstate_insurance_co.html
Info:

Copat, Claudio - State Farm Insurance Agent

Address: 3405 N Proctor St Tacoma, WA 98407
Phone:
Website: http://www.national.citysearch.com/profile/external/10867354/tacoma_wa/copat_claudio_state_farm_insurance_agent.html
Info:

Housing Demographics for 98407

Population Review for 98407 Zip Code

For the city of Tacoma, the population within 98407 has increased to over 23,246 residents in population size. The current population total is 21,931. We have broken down the population based on race below. In 98407, there are over 10380 in male population and 11551 females.

Population	Values
Total Population	21,931
White Population	17273
Black Population	714
Hispanic Population	1386
Asian Population	896
Hawaiian Population	86
Indian Population	184
Other Population	418
Male Population	10380
Female Population	11551
Population Estimate	23246

Household Data for 98407

The average number of homes in 98407 is around 9,664, there are an average of 2.24 per household. The average house value according to local real estate values is around $462,200. Please review the following demographics below for average income and media age.

Housing / Income Data	Values
Households Per Zipcode	9,664
Persons Per Household	2.24
Average House Value	$462,200
Income Per Household	$94912
Median Age	44.1
Median Age Male	42.4
Median Age Female	45.8

98407 Details	Values
State	WA
State Full Name	Washington
City Type	P
City Alias Abbreviation
Area Code	253
City	Tacoma
City Alias Name	TACOMA
County	Pierce
County FIPS	053
State FIPS	53
Time Zone	8
Day Light Saving	Y
MSA	7602
PMSA	8200
CSA	500
CBSA	42660
CBSA_DIV	45104
CBSA_Type	Metro
CBSA_Name	Seattle-Tacoma-Bellevue, WA
MSA_Name	Seattle-Tacoma-Bremerton, WA CMSA
PMSA_Name	Tacoma, WA PMSA
Region	West
Division	Pacific
MailingName	Y

Economic & Growth Review	Values
Number Of Businesses	405
Number Of Employees	3194
Business First Quarter Payroll	30964
Business Annual Payroll	146267
Business Employment Flag
Growth Rank	0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number	0
Growth Increase Percentage	0.0

Metropolitan Details	Values
CBSA Population	3439809
CBSA Division Population	795225
Congressional District	06
Congressional LandArea	6902.73
Delivery Residential	10378
Delivery Business	286
Delivery Total	11328
Preferred Last Line Key	Z17597
Classification Code
Multi-County
CSA Name	Seattle-Tacoma, WA
CBSA_DIV_Name	Tacoma-Lakewood, WA
City State Key	Z17597
Land Area	5.390000
Water Area	1.593000
City Alias Code
City Mixed Case	Tacoma
City Alias Mixed Case	Tacoma
Box Count	0
SFDU	7039
MFDU	2602
State ANSI	53
County ANSI	053
ZIP Intro
Alias Intro
Facility Code	P
City Delivery Indicator	Y
Carrier Route Rate Sortation	D
Finance Number	548330
Unique ZIP Name
SSA State County Code	50260
Medicare CBSA Code	45104
Medicare CBSA Name	Tacoma-Lakewood, WA
Medicare CBSA Type	Metro
Market Rating Area ID	5
County Mixed Case	Pierce

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 […]

Home Insurance Quotes in 98407!