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Quickly Revew Homeowners Insurance in 98501

If you own a home in Olympia, WA you need a great homeowners policy to protect your home and possessions. Industry experts recommend shopping your homeowners insurance on a yearly basis to ensure that you are getting the best price and coverage levels.

GetHomeInsuranceQuotes.com can help you shop your coverage and find the best policy for your home in 98501 zip code. Our service is always free and we will gather quotes from up to 12 nationwide insurers so you can see all of your homeowners insurance options in one place. Our Washington licensed agents will also review your needs and make sure you have the appropriate coverage for your home.

If you want to see real savings on the cost of homeowners insurance start shopping GetHomeInsuranceQuotes.com right now. Get started by clicking the Get Multiple Quotes Now" button below, verify your 98501 and start comparing rates now.

98501 Homeowners Insurance Rates Are Considered: very low!

The average rate for a standard homeowners policy in 98501 is $709 according to industry data. We can help you achieve substantial savings by using our online quoting process to find the best policy for your specific home. We will also make sure you are fully covered. Insurance policies and coverage levels vary so it is key to fully understand your policy and what it covers as well as any coverage limitations.

We only deal with reputable, nationwide insurers so you can be confident that if you do need to make a claim it will be handled quickly and fairly. It’s time to start shopping for a new policy.

Get 98501 Home Insurance Rate Quotes Right Now!

You can easily compare rates for your home in ZIP starting an online quoting application to "get quotes". Or search additional Olympia, WA home insurance quotes in your local city and review the most competitive coverages and premiums.

98501 Home Insurance Average Premiums

Local 98501 homeowners insurance quotes comparison

$459 /yr.

Shows Zip Code: 98501 lowest rates with discounts applied on average.

For the 98501, 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)
$459 /yr.
Average Coverage:$709 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1009 /yr.

What is the average home insurance cost for a home in 98501?

  • • The average homeowners insurance premium paid annually for a home in 98501 is around $709 per year.

What does it cost on average per month for home insurance in 98501?

  • • Homeowners in 98501 pay a monthly average cost per month around $59.00.

What kind of discount could I get if I combine my home and auto insurance together in 98501?

  • • Autoowners in 98501 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 Olympia area, check out other zip codes nearby 98501.
Review average rates in another zip code:
98501 homeowners insurance rates
98513 homeowners insurance rates
98506 homeowners insurance rates
98502 homeowners insurance rates
98512 homeowners insurance rates
98516 homeowners insurance rates

Home Replacement Cost Coverage in 98501

Average Building Cost Per Square Foot in 98501: $242

Location: Olympia, Washington (Thurston County)

Average Square Footage in 98501: 1,576 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 98501 before you start any project. Olympia 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 98501 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 98501 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,576 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 Olympia 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$2421,576$381,300
Additional Upgrades & Added Features$3031,576$476,625
Major Home Updates or Advancements$3631,576$571,950

It's important to understand that when you estimate your replacement cost of your home in the 98501 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 98501

Allstate Insurance - Deanne Putman

Address: 521 Union Ave Se Suite 106 Olympia, WA 98501
Phone: (360)754-8849
Website:

Bratrud Middleton Ins

Address: 315 5th Ave SE Olympia, WA 98501
Phone: (360)352-7676
Website: www.bratrud.com

Aaa Insurance Agency

Address: 2415 Capitol Mall Dr Sw Olympia, WA 98501
Phone: (360)357-5561
Website: www.aaa.com

Best Home & Auto Insurance Agencies in 98501

Bradley- George D

Address: 100 Dennis St SW Tumwater, WA 98501
Phone:
Website:
Info:

Allstate Insurance - Deanne Putman

Address: 521 Union Ave SE, #106 Olympia, WA 98501
Phone:
Website:
Info:

Housing Demographics for 98501

Population Review for 98501 Zip Code

For the city of Olympia, the population within 98501 has increased to over 47,733 residents in population size. The current population total is 45,274. We have broken down the population based on race below. In 98501, there are over 21819 in male population and 23455 females.

PopulationValues
Total Population45,274
White Population34787
Black Population962
Hispanic Population3605
Asian Population2701
Hawaiian Population245
Indian Population460
Other Population1158
Male Population21819
Female Population23455
Population Estimate47733

Household Data for 98501

The average number of homes in 98501 is around 18,722, there are an average of 2.39 per household. The average house value according to local real estate values is around $381,300. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode18,722
Persons Per Household2.39
Average House Value$381,300
Income Per Household$84353
Median Age40.3
Median Age Male39.0
Median Age Female41.5
98501 DetailsValues
StateWA
State Full NameWashington
City TypeP
City Alias Abbreviation
Area Code360/564
CityOlympia
City Alias NameOLYMPIA
CountyThurston
County FIPS067
State FIPS53
Time Zone8
Day Light SavingY
MSA7602
PMSA5910
CSA500
CBSA36500
CBSA_DIV
CBSA_TypeMetro
CBSA_NameOlympia-Lacey-Tumwater, WA
MSA_NameSeattle-Tacoma-Bremerton, WA CMSA
PMSA_NameOlympia, WA PMSA
RegionWest
DivisionPacific
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses1398
Number Of Employees14369
Business First Quarter Payroll186975
Business Annual Payroll804898
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population252264
CBSA Division Population0
Congressional District10
Congressional LandArea826.67
Delivery Residential19972
Delivery Business1450
Delivery Total24489
Preferred Last Line KeyZ17234
Classification Code
Multi-County
CSA NameSeattle-Tacoma, WA
CBSA_DIV_Name
City State KeyZ17234
Land Area34.906000
Water Area1.607000
City Alias Code
City Mixed CaseOlympia
City Alias Mixed CaseOlympia
Box Count0
SFDU8609
MFDU2571
State ANSI53
County ANSI067
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number546146
Unique ZIP Name
SSA State County Code50330
Medicare CBSA Code36500
Medicare CBSA NameOlympia-Lacey-Tumwater, WA
Medicare CBSA TypeMetro
Market Rating Area ID5
County Mixed CaseThurston

Washington Homeowners Insurance News & Information

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    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 […]