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Quickly Revew Homeowners Insurance in 02882
If you own a home in Narragansett, RI 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 02882 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 Rhode Island 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 02882 and start comparing rates now.
02882 Homeowners Insurance Rates Are Considered: very high!
The average rate for a standard homeowners policy in 02882 is $1414 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 02882 Home Insurance Rate Quotes Right Now!
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02882 Home Insurance Average Premiums
$1164 /yr.
Shows Zip Code: 02882 lowest rates with discounts applied on average.
For the 02882, 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) | $1164 /yr. |
| Average Coverage: | $1414 /yr. |
| 2600 sq. ft. or higher (all discounts applied) | $1714 /yr. |
What is the average home insurance cost for a home in 02882?
- • The average homeowners insurance premium paid annually for a home in 02882 is around $1414 per year.
What does it cost on average per month for home insurance in 02882?
- • Homeowners in 02882 pay a monthly average cost per month around $118.00.
What kind of discount could I get if I combine my home and auto insurance together in 02882?
- • Autoowners in 02882 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 Narragansett area, check out other zip codes nearby 02882.
Review average rates in another zip code:
02882 homeowners insurance rates
Home Replacement Cost Coverage in 02882
Average Building Cost Per Square Foot in 02882: $210
Location: Narragansett, Rhode Island (Washington County)Average Square Footage in 02882: 2,357 Sq. Ft.
When building or updating a home, it's always good to review the average cost per square foot to build in 02882 before you start any project. Narragansett homeowners pay on average around $210 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 02882 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 02882 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,357 sq. ft. and the average cost to rebuild the home in this area is around $210 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 Narragansett 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 Status | Price per Sq. Ft. | Square Feet | Dwelling Coverage |
|---|---|---|---|
| Basic Home Features | $210 | 2,357 | $495,000 |
| Additional Upgrades & Added Features | $263 | 2,357 | $618,750 |
| Major Home Updates or Advancements | $315 | 2,357 | $742,500 |
It's important to understand that when you estimate your replacement cost of your home in the 02882 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 02882
Best Home & Auto Insurance Agencies in 02882
Housing Demographics for 02882
Population Review for 02882 Zip Code
For the city of Narragansett, the population within 02882 has increased to over 16,988 residents in population size. The current population total is 12,919. We have broken down the population based on race below. In 02882, there are over 6172 in male population and 6747 females.
| Population | Values |
|---|---|
| Total Population | 12,919 |
| White Population | 12029 |
| Black Population | 75 |
| Hispanic Population | 270 |
| Asian Population | 174 |
| Hawaiian Population | 7 |
| Indian Population | 66 |
| Other Population | 108 |
| Male Population | 6172 |
| Female Population | 6747 |
| Population Estimate | 16988 |
Household Data for 02882
The average number of homes in 02882 is around 5,913, there are an average of 2.17 per household. The average house value according to local real estate values is around $495,000. Please review the following demographics below for average income and media age.
| Housing / Income Data | Values |
|---|---|
| Households Per Zipcode | 5,913 |
| Persons Per Household | 2.17 |
| Average House Value | $495,000 |
| Income Per Household | $83502 |
| Median Age | 52.6 |
| Median Age Male | 51.0 |
| Median Age Female | 53.5 |
| 02882 Details | Values |
|---|---|
| State | RI |
| State Full Name | Rhode Island |
| City Type | B |
| City Alias Abbreviation | |
| Area Code | 401 |
| City | Narragansett |
| City Alias Name | NARRAGANSETT |
| County | Washington |
| County FIPS | 009 |
| State FIPS | 44 |
| Time Zone | 5 |
| Day Light Saving | Y |
| MSA | 6480 |
| PMSA | |
| CSA | 148 |
| CBSA | 39300 |
| CBSA_DIV | |
| CBSA_Type | Metro |
| CBSA_Name | Providence-Warwick, RI-MA |
| MSA_Name | Providence-Fall River-Warwick, RI-MA MSA |
| PMSA_Name | |
| Region | Northeast |
| Division | New England |
| MailingName | Y |
| Economic & Growth Review | Values |
|---|---|
| Number Of Businesses | 380 |
| Number Of Employees | 3110 |
| Business First Quarter Payroll | 29060 |
| Business Annual Payroll | 148107 |
| Business Employment Flag | |
| Growth Rank | 0 |
| Growth Housing Units 2003 | |
| Growth Housing Units 2004 | |
| Growth Increase Number | 0 |
| Growth Increase Percentage | 0.0 |
| Metropolitan Details | Values |
|---|---|
| CBSA Population | 1600852 |
| CBSA Division Population | 0 |
| Congressional District | 02 |
| Congressional LandArea | 765.32 |
| Delivery Residential | 7829 |
| Delivery Business | 345 |
| Delivery Total | 8806 |
| Preferred Last Line Key | V25916 |
| Classification Code | |
| Multi-County | |
| CSA Name | Boston-Worcester-Providence, MA-RI-NH |
| CBSA_DIV_Name | |
| City State Key | V25916 |
| Land Area | 12.840000 |
| Water Area | 5.130000 |
| City Alias Code | |
| City Mixed Case | Narragansett |
| City Alias Mixed Case | Narragansett |
| Box Count | 294 |
| SFDU | 6957 |
| MFDU | 206 |
| State ANSI | 44 |
| County ANSI | 009 |
| ZIP Intro | |
| Alias Intro | |
| Facility Code | B |
| City Delivery Indicator | Y |
| Carrier Route Rate Sortation | D |
| Finance Number | 438260 |
| Unique ZIP Name | |
| SSA State County Code | 41050 |
| Medicare CBSA Code | 39300 |
| Medicare CBSA Name | Providence-Warwick, RI-MA |
| Medicare CBSA Type | Metro |
| Market Rating Area ID | 1 |
| County Mixed Case | Washington |
Rhode Island 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 […]