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Home Insurance in 80924

Our rates are very competitive for homeowners living in the 80924 zip code. Many homeowners based out of Colorado Springs, CO have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the carriers that we will shop for you. Plus, our home insurance quotes are free and our CO licensed agents can provide a free consultation service to you that allows you to ask questions about the rates and coverage options. To start a free home insurance quote, simply click the "Get Multiple Quotes Now" button. Your 80924 should appear in the zip code field ready to go.

80924 Average Home Insurance Rates

Are you looking for a standard HO-3 homeowners policy for your single family home in the Colorado Springs area? The average homeowners premium in 80924 is very high in comparison to other states. For example, the national average is $1,249 per year for home insurance coverage for a basic home insurance policy. For homeowners living in the 80924, you can expect to pay around $1252 per year for homeowners coverage. If you want to see which company has the best rates and coverage options, than easily compare rates with us. You can review each premium and we can help explain any question that you may have about different types of coverages and what is best for you and your family.

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Get Home Insurance Quotes in 80924

We can shop up to 12 home insurance quotes for you easily online. You can find out more by exploring one of the three links below to review average homeowners insurance rates in the great state of Colorado. Start your 80924 home insurance shopping today!

  1. Colorado Springs, CO Home Insurance Quotes

80924 Home Insurance Average Premiums

Local 80924 homeowners insurance quotes comparison

$1002 /yr.

Shows Zip Code: 80924 lowest rates with discounts applied on average.

For the 80924, 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)
$1002 /yr.
Average Coverage:$1252 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1552 /yr.

What is the average home insurance cost for a home in 80924?

  • • The average homeowners insurance premium paid annually for a home in 80924 is around $1252 per year.

What does it cost on average per month for home insurance in 80924?

  • • Homeowners in 80924 pay a monthly average cost per month around $104.00.

What kind of discount could I get if I combine my home and auto insurance together in 80924?

  • • Autoowners in 80924 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 Colorado Springs area, check out other zip codes nearby 80924.
Review average rates in another zip code:
80923 homeowners insurance rates
80920 homeowners insurance rates
80927 homeowners insurance rates
80909 homeowners insurance rates
80910 homeowners insurance rates
80907 homeowners insurance rates
80915 homeowners insurance rates
80916 homeowners insurance rates
80919 homeowners insurance rates
80951 homeowners insurance rates

Home Replacement Cost Coverage in 80924

Average Building Cost Per Square Foot in 80924: $260

Location: Colorado Springs, Colorado (El Paso County)

Average Square Footage in 80924: 1,855 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 80924 before you start any project. Colorado Springs homeowners pay on average around $260 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 80924 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 80924 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,855 sq. ft. and the average cost to rebuild the home in this area is around $260 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 Colorado Springs 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$2601,855$482,300
Additional Upgrades & Added Features$3251,855$602,875
Major Home Updates or Advancements$3901,855$723,450

It's important to understand that when you estimate your replacement cost of your home in the 80924 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 80924

Best Home & Auto Insurance Agencies in 80924

Housing Demographics for 80924

Population Review for 80924 Zip Code

For the city of Colorado Springs, the population within 80924 has increased to over 24,888 residents in population size. The current population total is 15,058. We have broken down the population based on race below. In 80924, there are over 7344 in male population and 7714 females.

PopulationValues
Total Population15,058
White Population11013
Black Population640
Hispanic Population1781
Asian Population1012
Hawaiian Population37
Indian Population95
Other Population338
Male Population7344
Female Population7714
Population Estimate24888

Household Data for 80924

The average number of homes in 80924 is around 4,901, there are an average of 3.03 per household. The average house value according to local real estate values is around $482,300. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode4,901
Persons Per Household3.03
Average House Value$482,300
Income Per Household$129158
Median Age34.5
Median Age Male33.8
Median Age Female35.3
80924 DetailsValues
StateCO
State Full NameColorado
City TypeP
City Alias AbbreviationCOLORADO SPGS
Area Code719
CityColorado Springs
City Alias NameCOLORADO SPRINGS
CountyEl Paso
County FIPS041
State FIPS08
Time Zone7
Day Light SavingY
MSA1720
PMSA
CSA
CBSA17820
CBSA_DIV
CBSA_TypeMetro
CBSA_NameColorado Springs, CO
MSA_NameColorado Springs, CO MSA
PMSA_Name
RegionWest
DivisionMountain
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses175
Number Of Employees1199
Business First Quarter Payroll11319
Business Annual Payroll55193
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population645613
CBSA Division Population0
Congressional District05
Congressional LandArea7265.72
Delivery Residential8214
Delivery Business86
Delivery Total19702
Preferred Last Line KeyZ11196
Classification Code
Multi-County
CSA Name
CBSA_DIV_Name
City State KeyZ11196
Land Area5.851000
Water Area0.006000
City Alias Code
City Mixed CaseColorado Springs
City Alias Mixed CaseColorado Springs
Box Count0
SFDU15
MFDU2859
State ANSI08
County ANSI041
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number071818
Unique ZIP Name
SSA State County Code06200
Medicare CBSA Code17820
Medicare CBSA NameColorado Springs, CO
Medicare CBSA TypeMetro
Market Rating Area ID2
County Mixed CaseEl Paso

Colorado Homeowners Insurance News & Information

  • Largest Insurer in California – Travelers Announces Home Insurance Rates Going Up 15% Posted on Monday 20th May, 2024

    Travelers Insurance, which is one of the largest insurers in California, recently announced that they will be raising premiums by an average of 15% in the Golden State. This is just the latest rate increase or policy limitation by major insurance companies who blame the increases on spreading wildfire risks, inflation, and the cost of […]

  • 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 […]