Compare quotes for your home in 46203! Compare the best 12 carriers in minutes.
Home Insurance in 46203
Our rates are very competitive for homeowners living in the 46203 zip code. Many homeowners based out of Indianapolis, IN 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 IN 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 46203 should appear in the zip code field ready to go.
46203 Average Home Insurance Rates
Are you looking for a standard HO-3 homeowners policy for your single family home in the Indianapolis area? The average homeowners premium in 46203 is medium 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 46203, you can expect to pay around $888 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.
Get Home Insurance Coverage in 46203 Today!
Get Home Insurance Quotes in 46203
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 Indiana. Start your 46203 home insurance shopping today!
46203 Home Insurance Average Premiums
$638 /yr.
Shows Zip Code: 46203 lowest rates with discounts applied on average.
For the 46203, 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) | $638 /yr. |
| Average Coverage: | $888 /yr. |
| 2600 sq. ft. or higher (all discounts applied) | $1188 /yr. |
What is the average home insurance cost for a home in 46203?
- • The average homeowners insurance premium paid annually for a home in 46203 is around $888 per year.
What does it cost on average per month for home insurance in 46203?
- • Homeowners in 46203 pay a monthly average cost per month around $74.00.
What kind of discount could I get if I combine my home and auto insurance together in 46203?
- • Autoowners in 46203 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.
You can easily shop and compare home insurance rates within Indianapolis, check out other zip codes nearby 46203.
To review average rates in another zip code, click on a zip code below:
46250 | 46235 | 46240 | 46214 | 46219 | 46208 | 46260 | 46224 | 46225 | 46222 |
Home Replacement Cost Coverage in 46203
Average Building Cost Per Square Foot in 46203: $108
Location: Indianapolis, Indiana (Marion County)Average Square Footage in 46203: 987 Sq. Ft.
When building or updating a home, it's always good to review the average cost per square foot to build in 46203 before you start any project. Indianapolis homeowners pay on average around $108 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 46203 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 46203 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 987 sq. ft. and the average cost to rebuild the home in this area is around $108 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 Indianapolis 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 | $108 | 987 | $106,600 |
| Additional Upgrades & Added Features | $135 | 987 | $133,250 |
| Major Home Updates or Advancements | $162 | 987 | $159,900 |
It's important to understand that when you estimate your replacement cost of your home in the 46203 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 46203
Auto-Insurance Services
Address: 1245 East Troy Avenue Indianapolis, IN 46203Phone: (317)784-4401
Website:
Farmers Insurance Ingle Harris
Address: 4810 South Emerson Ave Suite A Indianapolis, IN 46203Phone: (317)782-2886
Website:
Gagen's House of Insurance
Address: 1245 East Troy Avenue Indianapolis, IN 46203Phone: (317)784-4401
Website:
Best Home & Auto Insurance Agencies in 46203
Farmers Insurance Ingle Harris
Address: 4810 S Emerson Ave Indianapolis, IN 46203Phone:
Website:
Info:
Zachary Breneman-Farmers Insurance
Address: 4810 S Emerson Ave, Ste A Indianapolis, IN 46203Phone:
Website: http://www.farmers.com/
Info:
Allstate Insurance CO
Address: 2775 Sanders St Indianapolis, IN 46203Phone:
Website:
Info:
State Farm Insurance Companies
Address: 2017 Shelby St Indianapolis, IN 46203Phone:
Website:
Info:
ACE Cash Express
Address: 2143 Prospect St Indianapolis, IN 46203Phone:
Website: http://www.acecashexpress.com/
Info:
Housing Demographics for 46203
Population Review for 46203 Zip Code
For the city of Indianapolis, the population within 46203 has increased to over 40,122 residents in population size. The current population total is 38,224. We have broken down the population based on race below. In 46203, there are over 19120 in male population and 19104 females.
| Population | Values |
|---|---|
| Total Population | 38,224 |
| White Population | 26035 |
| Black Population | 5077 |
| Hispanic Population | 5605 |
| Asian Population | 385 |
| Hawaiian Population | 11 |
| Indian Population | 247 |
| Other Population | 3245 |
| Male Population | 19120 |
| Female Population | 19104 |
| Population Estimate | 40122 |
Household Data for 46203
The average number of homes in 46203 is around 15,435, there are an average of 2.46 per household. The average house value according to local real estate values is around $106,600. Please review the following demographics below for average income and media age.
| Housing / Income Data | Values |
|---|---|
| Households Per Zipcode | 15,435 |
| Persons Per Household | 2.46 |
| Average House Value | $106,600 |
| Income Per Household | $44356 |
| Median Age | 33.6 |
| Median Age Male | 33.7 |
| Median Age Female | 33.6 |
| 46203 Details | Values |
|---|---|
| State | IN |
| State Full Name | Indiana |
| City Type | P |
| City Alias Abbreviation | |
| Area Code | 317 |
| City | Indianapolis |
| City Alias Name | INDIANAPOLIS |
| County | Marion |
| County FIPS | 097 |
| State FIPS | 18 |
| Time Zone | 5 |
| Day Light Saving | Y |
| MSA | 3480 |
| PMSA | |
| CSA | 294 |
| CBSA | 26900 |
| CBSA_DIV | |
| CBSA_Type | Metro |
| CBSA_Name | Indianapolis-Carmel-Greenwood, IN |
| MSA_Name | Indianapolis, IN MSA |
| PMSA_Name | |
| Region | Midwest |
| Division | East North Central |
| MailingName | Y |
| Economic & Growth Review | Values |
|---|---|
| Number Of Businesses | 865 |
| Number Of Employees | 13811 |
| Business First Quarter Payroll | 168490 |
| Business Annual Payroll | 740803 |
| 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 | 1756241 |
| CBSA Division Population | 0 |
| Congressional District | 06|07 |
| Congressional LandArea | 6206.83|303.84 |
| Delivery Residential | 16310 |
| Delivery Business | 1104 |
| Delivery Total | 18804 |
| Preferred Last Line Key | X12558 |
| Classification Code | |
| Multi-County | |
| CSA Name | Indianapolis-Carmel-Muncie, IN |
| CBSA_DIV_Name | |
| City State Key | X12558 |
| Land Area | 13.939000 |
| Water Area | 0.000000 |
| City Alias Code | |
| City Mixed Case | Indianapolis |
| City Alias Mixed Case | Indianapolis |
| Box Count | 149 |
| SFDU | 14090 |
| MFDU | 965 |
| State ANSI | 18 |
| County ANSI | 097 |
| ZIP Intro | |
| Alias Intro | |
| Facility Code | P |
| City Delivery Indicator | Y |
| Carrier Route Rate Sortation | D |
| Finance Number | 174037 |
| Unique ZIP Name | |
| SSA State County Code | 15480 |
| Medicare CBSA Code | 26900 |
| Medicare CBSA Name | Indianapolis-Carmel-Anderson, IN |
| Medicare CBSA Type | Metro |
| Market Rating Area ID | 10 |
| County Mixed Case | Marion |
Indiana Homeowners Insurance News & Information
-
Compare 2026 Homeowners Insurance Rates in Every State Posted on Wednesday 11th February, 2026
Homeowners insurance rates continue to vary widely across the United States in 2026, influenced by severe weather risks, property damage costs, litigation environments, state insurance regulations, and the availability of local carriers. Some states still pay thousands more per year than others for the same amount of dwelling coverage. In this article, we compare average homeowners insurance […]
-
Texas Homeowners Insurance: 2026 Market Update Posted on Monday 26th January, 2026
Texas homeowners are continuing to face one of the most challenging insurance markets in the country — driven by extreme weather risks, rising repair costs, and shifting insurer participation. Below is the latest overview of what buyers should know and how they can save on coverage. 1. Texas Insurance Market Landscape in 2026 Homeowners insurance […]
-
Florida Homeowners Can Cut Insurance Bills —Here’s How, and Which Companies are Worth a Look Posted on Tuesday 11th November, 2025
Florida homeowners have spent years paying some of the highest homeowner-insurance premiums in the nation. But the market is slowly stabilizing and there are concrete, immediate steps homeowners can take to shrink premiums — from simple paperwork to Florida’s “My Safe Florida Home” program — while shopping smarter for companies that combine strong service with […]