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Homeowners Insurance in 47150

For homeowners living in 47150, you want more affordable home insurance rates in New Albany, right? Our rates are very competitive for homeowners living in the great city of New Albany, IN. Many homeowners living in the 47150 area have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the top home insurance companies that we will shop for you all in one place. Plus, our homeowners insurance quotes are free and our Indiana licensed agents can provide a free consultation service to you that allows you to ask questions about which policy and coverage option is best for you and your family. Get the home insurance protection you need and start a free home insurance quote today, simply click the "Get Multiple Quotes Now" button. Your 47150 should appear in the zip code field ready to go. Comparing New Albany, IN Home Insurance Quotes in your area, we can review the best rates and coverage options with multiple carriers to choose from.

47150 Home Insurance Costs Are Considered: Medium!

The overall cost of homeowners insurance on average for a standard HO-3 home insurance policy for homeowners living in New Albany pay around $755 per year. For affordable homeowners insurance, we have the best prices when it comes to comparing Indiana home insurance rates. At GetHomeInsuranceQuotes.com, we compare the most competitive companies then we let you review the most affordable rates and coverage options. Homeowners living in the 47150 zip code usually have questions about which coverage option is best. Our process is spam and hassle free so you can get your questions answer quickly and review the best home insurance policy for you. Most of all, New Albany homeowners enjoy saving up to 40% or even more when we apply all the discounts available. Let us help you shop and save on your Indiana home insurance premium today!

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47150 Home Insurance Average Premiums

Local 47150 homeowners insurance quotes comparison

$505 /yr.

Shows Zip Code: 47150 lowest rates with discounts applied on average.

For the 47150, 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)
$505 /yr.
Average Coverage:$755 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1055 /yr.

What is the average home insurance cost for a home in 47150?

  • • The average homeowners insurance premium paid annually for a home in 47150 is around $755 per year.

What does it cost on average per month for home insurance in 47150?

  • • Homeowners in 47150 pay a monthly average cost per month around $63.00.

What kind of discount could I get if I combine my home and auto insurance together in 47150?

  • • Autoowners in 47150 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 New Albany area, check out other zip codes nearby 47150.
Review average rates in another zip code:
47150 homeowners insurance rates

Home Replacement Cost Coverage in 47150

Average Building Cost Per Square Foot in 47150: $108

Location: New Albany, Indiana (Floyd County)

Average Square Footage in 47150: 1,438 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 47150 before you start any project. New Albany homeowners pay on average around $108 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 47150 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 47150 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,438 sq. ft. and the average cost to rebuild the home in this area is around $108 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 New Albany 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$1081,438$155,300
Additional Upgrades & Added Features$1351,438$194,125
Major Home Updates or Advancements$1621,438$232,950

It's important to understand that when you estimate your replacement cost of your home in the 47150 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 47150

Hayes Bager & Smith Insurance

Address: 5140 Charlestown Road 1 A New Albany, IN 47150
Phone: (812)945-7771
Website:

Guardian Angel Insurance

Address: 733 Rolling Creek Dr New Albany, IN 47150
Phone: (812)941-1900
Website: www.guardianangelinsurance.com

Russ Thomas Insurance

Address: 2722 Charlestown Road New Albany, IN 47150
Phone: (812)945-5484
Website:

Best Home & Auto Insurance Agencies in 47150

State Farm Insurance Cos - Sales Ofcs- New Albany OFC

Address: 2150 State St New Albany, IN 47150
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

Robinson- John K - State Farm Insurance Agent

Address: 2733 Charlestown Rd New Albany, IN 47150
Phone:
Website:
Info:

Howell- E Wayne

Address: 410 Silver St New Albany, IN 47150
Phone:
Website:
Info:

Bitner- Robert L

Address: 3221 Grant Line Rd New Albany, IN 47150
Phone:
Website:
Info:

Guardian Angel Insurance

Address: 733 Rolling Creek Dr New Albany, IN 47150
Phone:
Website: http://www.guardianangelinsurance.com
Info:

Housing Demographics for 47150

Population Review for 47150 Zip Code

For the city of New Albany, the population within 47150 has increased to over 50,586 residents in population size. The current population total is 49,395. We have broken down the population based on race below. In 47150, there are over 23793 in male population and 25602 females.

PopulationValues
Total Population49,395
White Population39752
Black Population4092
Hispanic Population2395
Asian Population639
Hawaiian Population15
Indian Population213
Other Population1094
Male Population23793
Female Population25602
Population Estimate50586

Household Data for 47150

The average number of homes in 47150 is around 20,837, there are an average of 2.29 per household. The average house value according to local real estate values is around $155,300. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode20,837
Persons Per Household2.29
Average House Value$155,300
Income Per Household$57843
Median Age38.8
Median Age Male37.3
Median Age Female40.2
47150 DetailsValues
StateIN
State Full NameIndiana
City TypeP
City Alias Abbreviation
Area Code812/930
CityNew Albany
City Alias NameNEW ALBANY
CountyFloyd
County FIPS043
State FIPS18
Time Zone5
Day Light SavingY
MSA4520
PMSA
CSA350
CBSA31140
CBSA_DIV
CBSA_TypeMetro
CBSA_NameLouisville/Jefferson County, KY-IN
MSA_NameLouisville, KY-IN MSA
PMSA_Name
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses1318
Number Of Employees23542
Business First Quarter Payroll249005
Business Annual Payroll1093806
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population1283566
CBSA Division Population0
Congressional District09
Congressional LandArea4486.77
Delivery Residential22090
Delivery Business1672
Delivery Total23354
Preferred Last Line KeyX13055
Classification Code
Multi-CountyY
CSA NameLouisville/Jefferson County--Elizabethtown, KY-IN
CBSA_DIV_Name
City State KeyX13055
Land Area45.034000
Water Area0.484000
City Alias Code
City Mixed CaseNew Albany
City Alias Mixed CaseNew Albany
Box Count0
SFDU16918
MFDU2336
State ANSI18
County ANSI043
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number175984
Unique ZIP Name
SSA State County Code15210
Medicare CBSA Code31140
Medicare CBSA NameLouisville/Jefferson County, KY-IN
Medicare CBSA TypeMetro
Market Rating Area ID16
County Mixed CaseFloyd

Indiana Homeowners Insurance News & Information

  • Should I raise my deductible to $10,000 to help offset the cost of rising premiums? Posted on Wednesday 15th May, 2024

    According to industry reports, homeowners are raising their deductibles to $5,000 to $10,000 to help offset the cost of rising premiums.  While raising a deductible into the stratosphere will absolutely lower your homeowner insurance premium, it does mean that you will have to cover your deductible amount in the event you have to make a […]

  • Should I choose the minimum or maximum homeowners insurance coverage? Posted on Monday 13th May, 2024

    As homeowner insurance rates rise across the country, some homeowners are opting for policies that offer minimal coverage to keep their premiums affordable. Unfortunately, this choice will leave them at higher risk and in a position where they may have to pay more out of pocket if they have to make a claim on their […]

  • Texas is Seeing Major Increases in the Cost of Homeowners Insurance Posted on Tuesday 7th May, 2024

    Like much of the rest of the country, Texas is seeing major increases in the cost of homeowners insurance. According to an article in Austin American-Stateman, residents of Texas have seen their insurance rates go up 50.9% on average which is the largest increase in the country for that time period. Unfortunately, experts are predicting […]