Mound City, KS Home Insurance Quotes!
For all Mound City, KS homeowners, finding great coverage at a lower price is in high demand. Residents of Mound City can visit our site online and conveniently shop and compare the best rates locally without leaving your home. At GetHomeInsuranceQuotes.com, we pride ourselves on customer service and making it easy for homeowners to compare up to 12 major home insurance carriers with ease. Thousands of other customers based out of Mound City and the surrounding areas of LINN County have gained additional savings with our competitive quoting raters. The best benefits to our customers is our FREE online shopping experience and it allows us to earn your business by providing a clear quoting process so you know what types of home insurance carriers can provide the protection and coverage you need.
If you want to receive quick homeowners insurance quotes for your home in Mound City, KS, then you can easily start our online quoting application by entering your zip code. The process only takes 1 minute to complete. Compare your home insurance quotes today or give us a call now at 913-276-4017!
Mound City, KS Demographics & Home Data
Mound City has 694 residents, which is roughly 735 households per zip code with 3 people per household. The average household income is a respectable $48,405, which is slightly below the national average. Homes are very affordable in the Mound City area with the average house value to be around $115,400.
| Demographic | Values |
|---|---|
| Population | 694 |
| Total Occupied Households | 297 |
| Family Households (families) | 177 |
| Average Owner Occupied Household Size | 2.28 |
| Average Family Size | 2.93 |
| Total Housing Units | 351 |
Mound City, KS Home Insurance Rates Review
One of the more common questions that come up when discussing rates with homeowners in Mound City, KS is "What's the average premium for homeowners?" In other words, what does everyone else pay compared to your monthly or annual home insurance bill. The answer is easy, for homeowners living in Mound City, you will find a range from $849 per year as the cheaper option on up to $1,399/yr. as the more expensive option. Homeowners sometimes due pay a less expensive rate only because the home is less of a risk to insure. For example, you will have a much more affordable home insurance premium if your home is smaller because the replacement cost value is less than a much larger home where the cost to replace is much more expensive. The national average for homeowners nationwide is $1311 per year. In order to gain an understanding of how your rate will be compiled, we have listed a few helpful resources to help you understand replacement cost value, home insurance credits and home features that help discount your premium.
Top 5 Helpful Saving Resources
- FAQ: What is a Mound City, KS Homeowners Insurance Policy?
- FAQ: What does a replacement cost coverage and actual cash value mean for my home in Mound City, KS?
- This home insurance calculator will calculate your dwelling coverage for your home in Mound City, KS so you know what type of home insurance coverage you need to cover your replacement cost.
- Here are the top five homeowners insurance discounts that you may not be aware of in Kansas
- Installing smoke detectors, a security system and getting the same home and auto policy with the same carrier is a good start but to really kick-start your home insurance savings you have to dig a bit deeper. Here are the top 3 home insurance credits available to homeowners.
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Average Rates Nearby Mound City
Are you looking for homeowners insurance in a city near Mound City? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!
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Home Insurance Rates by Zipcode in Mound City, KS
Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Mound City.
Mound City, KS Home Insurance Average Premiums
$849 /yr.
For the city of Mound City, 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) | $849 /yr. |
| Average Coverage: | $1099 /yr. |
| 2600 sq. ft. or higher (all discounts applied) | $1399 /yr. |
What is the average home insurance cost for a home in Mound City, KS?
- • The average homeowners insurance premium paid annually for a home in Mound City is around $1099 per year.
What does it cost on average per month for home insurance in Mound City, KS?
- • Homeowners in Mound City pay an average cost per month around $92.00 for insurance coverage.
Mound City, KS - 2023 Housing Information
| Month | Current Home Value (2023) | Last Year Home Value (2022) |
|---|---|---|
| January | $132,101 | $167,242 |
| February | $124,338 | $162,940 |
| March | $118,874 | $157,548 |
| April | $113,497 | $151,513 |
Homeowners insurance will help cover the cost to repair or replace your Mound City 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 Mound City
- 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 Mound City, KS homeowners insurance rates all in one place! |
Saving Money Tips on Mound City Home Insurance
A great way to save money on Mound City 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 Mound City area? Check out what homeowners are paying on average for Kansas homeowners insurance.
Elevation Review for Coastal Wind or Flooding Risk
| Elevation | Details | Homeowners Tips |
|---|---|---|
| 879 ft. | This is the average home elevation in Mound City, KS | 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 Kansas 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 Mound City, 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 Linn County.
Kansas Homeowners Insurance News & Information
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Homeowners Below a 580 Credit Score Pay 35% More for Home Insurance Posted on Monday 15th April, 2024
While the odds of a major disaster hitting a specific home is the same regardless of whether the owner has a great credit score or one that puts them in a subprime category, their credit score will impact their rate in many states. In most states, insurers are allowed to consider credit scores when setting […]
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The Best Way to Check the Financial Strength of Home Insurance Companies Posted on Wednesday 3rd April, 2024
If you are switching insurance companies, you should always check the financial strength of any insurer you are seriously considering. While an affordable premium is always a plus, if your insurance company cannot afford to pay when you file a claim, the savings will certainly not be worth it. A.M. Best is a credit rating […]
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Florida’s Broward Commissioner is Asking Congress to Lower Insurance Rates Posted on Monday 1st April, 2024
A bill in the U.S. House called the Natural Disaster Reinsurance Plan, hopes to lower insurance costs for policyholders in states that opt-in to the program which will scale back the requirements regarding the amount of reinsurance that insurance companies need to purchase. Currently, a Broward commissioner is asking Congress to pass legislation he claims […]
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North Carolina Coastal Home Insurance Rates Posted on Friday 29th March, 2024
North Carolina is a fantastic place to live with plenty of cultural activities, beautiful beaches, world-class cities as well as great restaurants and shopping. The only disadvantage to living in North Carolina, particularly if your home is located in coastal area is the cost of homeowners insurance. The average premium for a standard homeowners insurance […]
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How Do Renovations Impact Home Insurance? (2024 Guide) Posted on Friday 15th March, 2024
Making renovations to your home can have a major impact on your insurance coverages as your risk profile changes. Adding square footage, putting in a swimming pool, outbuilding or upgrading your electrical may change the value of your home which could leave your underinsured. Major upgrades such as adding square footage to your home or […]
Mound City, KS Dwelling Coverage Estimate
It is important to calculate your dwelling coverage for your home in Mound City 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 Mound City, KS?
- The average square footage in Mound City is around 916 Sq. Ft. which would cost you around $115,400 to replace the home if you base the home on the price to build per square foot of $126.
Minimum Replacement Cost Total: $115,400
Location: Mound City, Kansas (Linn County)
Average Building Cost Per Square Foot in Mound City: $126 (low end)
Average Square Footage in Mound City: 916 Sq. Ft.
| Home Improvement Status | Price per Sq. Ft. | Dwelling Coverage |
|---|---|---|
| None or Very Minor Improvements | $126 | $115,400 |
| Some Additional Upgrades | $158 | $144,250 |
| Major Home Updates or Advancements | $189 | $173,100 |
The dwelling coverage is calculated by the average cost per square foot ($126) in Mound City, Kansas 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 $393,750 (Media price to build of $158 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.