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32431 Homeowners Insurance Quotes & Coverage Options

For homeowners like you shopping online for home insurance quotes in the 32431 zip code it's important to know that our rates are very competitive for homeowners living in Cottondale, FL. Many homeowners based out of your 32431 area 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 Florida 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 32431 should appear in the zip code field ready to go. For Cottondale, FL Homeowners Insurance Quotes nearby, we offer the best rates and service.

32431: Average Home Insurance Rates

For homeowners living in the great city of Cottondale, the average homeowners policy is considered very high in comparison to other states. Florida premiums are estimated to be around $1631 per year for homeowners insurance rates. You can easily save up to 40% or more, let us help you shop multiple home insurance quotes for free.

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32431 Home Insurance Average Premiums

Local 32431 homeowners insurance quotes comparison

$1381 /yr.

Shows Zip Code: 32431 lowest rates with discounts applied on average.

For the 32431, 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)
$1381 /yr.
Average Coverage:$1631 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1931 /yr.

What is the average home insurance cost for a home in 32431?

  • • The average homeowners insurance premium paid annually for a home in 32431 is around $1631 per year.

What does it cost on average per month for home insurance in 32431?

  • • Homeowners in 32431 pay a monthly average cost per month around $136.00.

What kind of discount could I get if I combine my home and auto insurance together in 32431?

  • • Autoowners in 32431 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 Cottondale area, check out other zip codes nearby 32431.
Review average rates in another zip code:
32431 homeowners insurance rates

Home Replacement Cost Coverage in 32431

Average Building Cost Per Square Foot in 32431: $167

Location: Cottondale, Florida (Jackson County)

Average Square Footage in 32431: 680 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 32431 before you start any project. Cottondale homeowners pay on average around $167 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 32431 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 32431 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 680 sq. ft. and the average cost to rebuild the home in this area is around $167 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 Cottondale 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$167680$113,500
Additional Upgrades & Added Features$209680$141,875
Major Home Updates or Advancements$251680$170,250

It's important to understand that when you estimate your replacement cost of your home in the 32431 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 32431

Best Home & Auto Insurance Agencies in 32431

Housing Demographics for 32431

Population Review for 32431 Zip Code

For the city of Cottondale, the population within 32431 has increased to over 5,325 residents in population size. The current population total is 4,981. We have broken down the population based on race below. In 32431, there are over 2418 in male population and 2563 females.

PopulationValues
Total Population4,981
White Population3628
Black Population892
Hispanic Population178
Asian Population11
Hawaiian Population1
Indian Population32
Other Population43
Male Population2418
Female Population2563
Population Estimate5325

Household Data for 32431

The average number of homes in 32431 is around 1,992, there are an average of 2.50 per household. The average house value according to local real estate values is around $113,500. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode1,992
Persons Per Household2.50
Average House Value$113,500
Income Per Household$52436
Median Age42.1
Median Age Male41.4
Median Age Female42.6
32431 DetailsValues
StateFL
State Full NameFlorida
City TypeP
City Alias Abbreviation
Area Code850/448
CityCottondale
City Alias NameCOTTONDALE
CountyJackson
County FIPS063
State FIPS12
Time Zone6
Day Light SavingY
MSA
PMSA
CSA
CBSA
CBSA_DIV
CBSA_Type
CBSA_Name
MSA_Name
PMSA_Name
RegionSouth
DivisionSouth Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses72
Number Of Employees540
Business First Quarter Payroll4766
Business Annual Payroll21018
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population0
CBSA Division Population0
Congressional District02
Congressional LandArea8613.58
Delivery Residential2130
Delivery Business60
Delivery Total2389
Preferred Last Line KeyY21641
Classification Code
Multi-CountyY
CSA Name
CBSA_DIV_Name
City State KeyY21641
Land Area105.773000
Water Area7.265000
City Alias Code
City Mixed CaseCottondale
City Alias Mixed CaseCottondale
Box Count168
SFDU1974
MFDU0
State ANSI12
County ANSI063
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number111860
Unique ZIP Name
SSA State County Code10310
Medicare CBSA Code99910
Medicare CBSA NameRural Areas in FL
Medicare CBSA TypeMicro
Market Rating Area ID31
County Mixed CaseJackson

Florida Homeowners Insurance News & Information

  • Florida has 7 New Home Insurance Companies Entering the Market Posted on Friday 1st March, 2024

    Recently, Florida has seen seven new insurance companies enter the market for homeowners coverage. Currently, the average premium for homeowners coverage is $6,000 a year in the Sunshine state compared to a nationwide average of just $1,700 a year, according to the Insurance Information Institute.  The Insurance Information Institute is hopeful that the new insurance […]

  • What exactly is a FAIR Plan? Posted on Tuesday 2nd January, 2024

    If you live in an area where severe weather is common, or wildfires pop up every summer you may have trouble finding affordable home insurance coverage. If homes in your area are repeatedly damaged or destroyed by a covered peril, insurers may pull out of the entire area, refusing to write policies in your neighborhood. […]

  • Florida Homeowners Advance From Citizens into Private Companies Posted on Tuesday 5th December, 2023

    Homeowners Choice Property and Casualty Insurance Co. has assumed approximately 53,750 policies from Citizens Property Insurance Corp., Florida’s state-backed insurance company, the parent company says in a Tuesday news release. Homeowners Choice is owned by HCI Group Inc., a holding company with operations in homeowners insurance, information technology services, real estate and reinsurance. Homeowners Choice […]

  • 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, […]

  • Fall 2023: Florida Homeowners Insurance Premium Update Posted on Tuesday 24th October, 2023

    Despite the fact that the Florida legislation finally passed a couple of bills to deal with the ever-increasing cost of homeowners insurance, it seems unlikely that premiums will start to fall anytime soon according to a report put out by Karen Clark & Company (KCC), a risk modelling firm. The recent report, titled “Managing Expectations: […]

  • Citizens Property Insurance Corporation Citizens Property Sends Out Letters Posted on Wednesday 27th September, 2023

    Soon, hundreds of thousands of Citizens Property Insurance Company policyholders will be getting a letter in their mailbox asking them to move their policy to a private insurance company and away from Citizens, the state-backed insurer of last resort. Citizens Property is using the letters as part of its “Depopulation” effort that was approved by […]

  • 5 New Homeowners Insurance Companies Step into the Florida Insurance Market Posted on Wednesday 27th September, 2023

    Florida’s property insurance disaster may be taking baby steps in the right direction as five new insurers step into the Florida market, taking over hundreds of thousands from Citizens Property, Florida’s insurer of last resort. This could lead to more insurance options for residents of the Sunshine State soon. The five companies in the mix […]