98115, WA Homeowners Insurance Rates

With a population size of 54,322 and with 23,605 occupied homes in the 98115 area, our online shopping service is becoming very helpful for homeowners like you. The average home insurance premiums in Seattle, WA are around $828 per year for a standard HO-3 homeowners policy. Wouldn't you love to save up to 40% or more on your next home insurance policy? Our process easily compares the most competitive rates, while including all discounts and credits, plus reviewing all enhanced coverage options. You will find that GetHomeInsuranceQuotes.com is the best place online to shop for home insurance rates in Seattle, Washington. If you are looking for more affordable rates, let us help you shop and compare your next homeowners policy today. Just enter your zip code to start online comparing, or give us a call at 1-855-976-2656 so we can help you review rates today!

It's important to know that if your Washington home may be located in a risk area that is prone to flooding, hurricanes or earthquakes. You may need additional coverage that is not part of your current policy like an HO-3 or HO-2. We can help you review the best protection and coverage options for your home located in Seattle, WA.

For Washington home insurance information, including average Seattle home insurance rates, coverage options or the different homeowners insurance types, please select Seattle, WA Home Insurance Quotes Now!

Average Building Cost Per Square Foot in 98115: $242

Average Square Footage in 98115: 3,680 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 98115 before you start any project. Seattle homeowners pay on average around $242 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 98115 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 98115 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 3,680 sq. ft. and the average cost to rebuild the home in this area is around $242 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 Seattle 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.

It's important to understand that when you estimate your replacement cost of your home in the 98115 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.

Allstate Insurance-Roger Belvill--Seattle NW Insurance Services- Inc.

Allstate Insurance - Greg Wadsworth

Allstate Insurance - Roger Belvill

George C Fu, Agent - George C Fu Agency Incorporated

David Pankey Insurance, . - Farmers Insurance

Samuel Lowe- Farmers Insurance

Allstate Insurance Company - Paul Vogel

Tierney, Dan - State Farm Insurance Agent

Household Data for 98115

The average number of homes in 98115 is around 23,605, there are an average of 2.29 per household. The average house value according to local real estate values is around $890,500. Please review the following demographics below for average income and media age.

• 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 […]

• 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 […]

• 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 […]