Get Spangle, WA Home Insurance Rates!

Did you know that comparing home insurance near Spangle, WA just got easier? At GetHomeInsuranceQuotes.com, we provide excellent quoting services when it comes to getting cheaper rates with enhanced coverage options and lower prices. Our carriers are rated "A+" by A.M. Best and most of all they are brand names you can trust like Nationwide, Safeco Insurance, Liberty Mutual, Progressive Insurance and so many more.

The good news is that lower rates are available for homeowners living in Washington so it's important to work with a specialized Spangle insurance agent that knows the best carrier that's right for you and your family.

Great Facts About Spangle, WA

Spangle has now reached over 278 residents in population size with 118 homes within the city of Spangle. The average family size in Spangle is around 74. With the local population increasing in Spangle, it's important to make sure your home has the proper coverage and protection you need for your family. Please visit the links below to help you find out better ways to save on your insurance:

Demographic	Values
Population	278
Total Occupied Households	118
Family Households (families)	74
Average Owner Occupied Household Size	2.30
Average Family Size	2.97
Total Housing Units	126

Homeowners Insurance in Spangle: What You Need To Know!

When reviewing home insurance locally, Spangle homeowners are finding ways to save up to 40% or more when they shop and compare rates online.

A frequently asked question that we get from homeowners based out of Spangle, usually have to do with comparing premium payments, monthly and annually for residents living in SPOKANE County. Did you know that Washington may not be the cheapest state in the country to purchase a homeowners policy, however it does rank lower than average at a national rank of 43. Residents of Spangle, WA are currently paying $937 per year for home insurance coverage on average, where the majority of the United States premiums are around $1311 per year. These average home insurance rates reflect the cost of a standard home insurance policy which includes the coverage of your home, your contents, loss of use, medical payments and homeowner liability coverage.

Compare Homeowners Insurance Rates in Spangle, WA!

Get up to 12 competitive Spangle, WA homeowners insurance rates all in one place!

Average Rates Nearby Spangle

Are you looking for homeowners insurance in a city near Spangle? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Spangle, WA

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Spangle.

99031,

Spangle, WA Home Insurance Average Premiums

Local Spangle, WA home insurance quotes comparison

$431 /yr.

Shows Spangle's lowest average rates with discounts applied.

For the city of Spangle, 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)	$431 /yr.
Average Coverage:	$681 /yr.
2600 sq. ft. or higher (all discounts applied)	$981 /yr.

What is the average home insurance cost for a home in Spangle, WA?

• The average homeowners insurance premium paid annually for a home in Spangle is around $681 per year.

What does it cost on average per month for home insurance in Spangle, WA?

• Homeowners in Spangle pay an average cost per month around $57.00 for insurance coverage.

Spangle, WA - 2023 Housing Information

Month	Current Home Value (2023)	Last Year Home Value (2022)
January	$559,378	$529,077
February	$554,568	$539,182
March	$551,344	$551,439
April	$550,796	$564,056

Homeowners insurance will help cover the cost to repair or replace your Spangle home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Spangle
Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.

Get up to 12 competitive Spangle, WA homeowners insurance rates all in one place!

Saving Money Tips on Spangle Home Insurance

A great way to save money on Spangle homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Spangle area? Check out what homeowners are paying on average for Washington homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation	Details	Homeowners Tips
2490 ft.	This is the average home elevation in Spangle, WA	Did you know that the elevation in which your home resides is crucial to a home insurance policy because it determines the risk factor related to your home being in a flood zone. It is important to understand that your home is not covered for floods under a standard homeowners policy. You will need to speak with a local Washington flood insurance agent about a flood insurance policy, please give us a call now at 888-620-1954.

To get online quotes on your home and compare rates on home insurance premiums in Spangle, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Spokane County.

Washington Homeowners Insurance News & Information

$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 […]
I can’t afford my home insurance, what do I do? Posted on Saturday 9th November, 2024
According to data from the National Association of Realtors (NAR), the average U.S. insurance rate is $2,377 a year. The data also suggest that homeowners could see a 6% rise in rates by the end of the year which is in addition to the 20% increase over the two previous years. As climate change pushes […]
How to Get the Best Homeowners Insurance Policy for Your Needs Posted on Wednesday 6th November, 2024
Having the proper insurance coverages in place is a critical part of owning a home, it protects your investment and finances in the event your home is destroyed by an unexpected disaster such as a fire, flood or severe storm. Understanding the different coverages that are available to homeowners is key to making sure you […]
Homeowners Shopping Rates Due to Rise in Premiums Posted on Monday 23rd September, 2024
According to the recently released J.D. Power 2024 U.S. Home Insurance Study a nationwide rise in premiums has driven many customers to shop for new policies as their rates are now too high. “’The average shopping rate among home insurance customers has climbed to a record high of 6.8% through the second quarter of 2024, […]
Where is it cheaper to rent than to buy a home in the United States? Posted on Thursday 5th September, 2024
According to a new study from Clever Real Estate, a St. Louis-based real estate company, monthly rent costs are actually cheaper than a monthly mortgage payment in 48 of the 50 most populous cities in the United States. Their analysis looked at mortgage principals, interest, taxes as well as homeowners insurance and they found that […]

Spangle, WA Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Spangle so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Spangle, WA?

- The average square footage in Spangle is around 1,008 Sq. Ft. which would cost you around $244,000 to replace the home if you base the home on the price to build per square foot of $242.

Minimum Replacement Cost Total: $244,000

Location: Spangle, Washington (Spokane County)

Average Building Cost Per Square Foot in Spangle: $242 (low end)

Average Square Footage in Spangle: 1,008 Sq. Ft.

Home Improvement Status	Price per Sq. Ft.	Dwelling Coverage
None or Very Minor Improvements	$242	$244,000
Some Additional Upgrades	$303	$305,000
Major Home Updates or Advancements	$363	$366,000

Calculate Your Spangle, WA Dwelling Coverage

The dwelling coverage is calculated by the average cost per square foot ($242) in Spangle, Washington times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $756,250 (Media price to build of $303 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.