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Compare 28556 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Merritt just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 395 neighbors looking to save on their home insurance policy in the local 28556 zip code area. Our process is very simple, easy to use and hassle free. We help you shop and compare competitive rates for your home in 28556. So how do we provide affordable home insurance quotes? We use your home details from our online quoting application to compare the best North Carolina rates and coverage options with over 12 major carriers. Then we evaluate the best coverage and apply all the discounts and credits to help you save an additional 40%. We do all of this and more and our service online or over the phone is free. Let us help you compare your Merritt, NC home insurance rates today!

For more information about homeowners insurance, like average home insurance rates, coverage options or home insurance types, please select Home Insurance Rates in Merritt, NC

28556 Home Insurance Average Premiums

Local 28556 homeowners insurance quotes comparison

$551 /yr.

Shows Zip Code: 28556 lowest rates with discounts applied on average.

For the 28556, 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)
$551 /yr.
Average Coverage:$801 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1101 /yr.

What is the average home insurance cost for a home in 28556?

  • • The average homeowners insurance premium paid annually for a home in 28556 is around $801 per year.

What does it cost on average per month for home insurance in 28556?

  • • Homeowners in 28556 pay a monthly average cost per month around $67.00.

What kind of discount could I get if I combine my home and auto insurance together in 28556?

  • • Autoowners in 28556 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 Merritt area, check out other zip codes nearby 28556.
Review average rates in another zip code:
28556 homeowners insurance rates

Home Replacement Cost Coverage in 28556

Average Building Cost Per Square Foot in 28556: $135

Location: Merritt, North Carolina (Pamlico County)

Average Square Footage in 28556: 2,135 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 28556 before you start any project. Merritt homeowners pay on average around $135 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 28556 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 28556 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,135 sq. ft. and the average cost to rebuild the home in this area is around $135 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 Merritt 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$1352,135$288,200
Additional Upgrades & Added Features$1692,135$360,250
Major Home Updates or Advancements$2032,135$432,300

It's important to understand that when you estimate your replacement cost of your home in the 28556 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 28556

Best Home & Auto Insurance Agencies in 28556

Housing Demographics for 28556

Population Review for 28556 Zip Code

For the city of Merritt, the population within 28556 has increased to over 1,123 residents in population size. The current population total is 864. We have broken down the population based on race below. In 28556, there are over 423 in male population and 441 females.

PopulationValues
Total Population864
White Population731
Black Population68
Hispanic Population26
Asian Population11
Hawaiian Population0
Indian Population6
Other Population10
Male Population423
Female Population441
Population Estimate1123

Household Data for 28556

The average number of homes in 28556 is around 395, there are an average of 2.19 per household. The average house value according to local real estate values is around $288,200. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode395
Persons Per Household2.19
Average House Value$288,200
Income Per Household$73750
Median Age60.0
Median Age Male60.6
Median Age Female58.6
28556 DetailsValues
StateNC
State Full NameNorth Carolina
City TypeP
City Alias Abbreviation
Area Code252
CityMerritt
City Alias NameMERRITT
CountyPamlico
County FIPS137
State FIPS37
Time Zone5
Day Light SavingY
MSA
PMSA
CSA404
CBSA35100
CBSA_DIV
CBSA_TypeMicro
CBSA_NameNew Bern, NC
MSA_Name
PMSA_Name
RegionSouth
DivisionSouth Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses8
Number Of Employees44
Business First Quarter Payroll374
Business Annual Payroll2051
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population126802
CBSA Division Population0
Congressional District03
Congressional LandArea7810.08
Delivery Residential513
Delivery Business9
Delivery Total712
Preferred Last Line KeyY15890
Classification Code
Multi-County
CSA NameNew Bern-Morehead City, NC
CBSA_DIV_Name
City State KeyY15890
Land Area51.519000
Water Area28.896000
City Alias Code
City Mixed CaseMerritt
City Alias Mixed CaseMerritt
Box Count45
SFDU513
MFDU0
State ANSI37
County ANSI137
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number364984
Unique ZIP Name
SSA State County Code34680
Medicare CBSA Code35100
Medicare CBSA NameNew Bern, NC
Medicare CBSA TypeMicro
Market Rating Area ID16
County Mixed CasePamlico

North Carolina Homeowners Insurance News & Information

  • 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 […]

  • NC Residents Speak Against 42% Rate Increase Requested by Rate Bureau Posted on Tuesday 13th February, 2024

    During a recent public comment session held by the North Carolina Department of Insurance, dozens of North Carolina residents spoke out against an average rate increase of 42% that the North Carolina Rate Bureau is requesting.  The Rate Bureau represents insurance companies in the state and earlier this year requested average rate increases of 42%. […]

  • North Carolina: 2024 Homeowners Insurance Rate Increase Proposed Posted on Friday 19th January, 2024

    Recently, the North Carolina Rate Bureau requested that the N.C. Department of Insurance allow increases to homeowners’ insurance rates by an average of 42.2 percent. If the NCDOI agrees, the proposed rates will go into effect Aug. 1. However, it is also possible that the NCDOI will not agree to the increase and deny the […]

  • North Carolina Joint Underwriters and Wind Pool Map Explained Posted on Thursday 28th December, 2023

    North Carolina is a lovely state to call home. Our state is packed with beautiful cities, museums, restaurants and of course, some of the loveliest beaches in the country. Unfortunately, if you live in one of our amazing coastal southern cities such as Ocean Isle Beach, Holden Beach, Oak Island Beach, Calabash, Bald Head Island, […]

  • 2024 Homeowners Insurance Outlook Receives Negative Rating Posted on Tuesday 21st November, 2023

    The insurance news for 2024 is certainly not great. Experts expect that extreme weather and increasing costs will push up insurance costs and make insurance companies more selective when deciding where they will write policies.  Recently, credit rating agency AM Best downgraded the entire home insurance industry from stable to negative. According to Richard Attanasio, […]

  • Nationwide Insurance Company Will Not Be Renewing policies for Homeowners in North Carolina Posted on Monday 9th October, 2023

    Nationwide insurance company recently informed the North Carolina Department of Insurance (NCDOI) that it will not be renewing homeowner policies for 10,525 homeowners in North Carolina. Over 1,000 of those non-renewals are in the Dare County, NC. The NCDOI claims that more the half of the non-renewals are based on the “hurricane hazard assessment tool,” […]