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 $740 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!

Indianapolis, IN Home Insurance Quotes

46203 Home Insurance Average Premiums

Local 46203 homeowners insurance quotes comparison

$490 /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)	$490 /yr.
Average Coverage:	$740 /yr.
2600 sq. ft. or higher (all discounts applied)	$1040 /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 $740 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 $62.00.

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:
46259 | 46225 | 46229 | 46231 | 46278 | 46219 | 46235 | 46224 | 46204 | 46214 |

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

Calculate Your Dwelling Coverage in 46203

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 Home & Auto Insurance Agencies in 46203

Zachary Breneman-Farmers Insurance

Address: 4810 S Emerson Ave, Ste A Indianapolis, IN 46203
Phone:
Website: http://www.farmers.com/
Info:

Fox, Ken Agent - A1 Insurance Agency

Address: 4030 S Emerson Ave, Ste A Indianapolis, IN 46203
Phone:
Website: http://www.a1insureit.com/
Info:

Allstate Insurance CO

Address: 2775 Sanders St Indianapolis, IN 46203
Phone:
Website:
Info:

ACE Cash Express

Address: 2143 Prospect St Indianapolis, IN 46203
Phone:
Website: http://www.acecashexpress.com/
Info:

Titan Auto Insurance & Boat Insurance

Address: 4914 S Emerson Ave Indianapolis, IN 46203
Phone:
Website: http://www.valpak.com/coupons/clp?bppId=155&vpref=L3M
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

Which state pays the highest home insurance premiums in 2025? Posted on Thursday 24th April, 2025
Recently, Insurify released its third annual American Homeowner Insurance report which offers a detailed forecast of insurance trends in the U.S. for 2025. States that have a high risk of wildfires and severe weather will see the largest increases in homeowners insurance premiums. According to the report, Louisiana will see the largest premium increases with […]
Top 10 States That Have the Highest Rates of Uninsured Homes Posted on Tuesday 22nd April, 2025
As recent headlines have made clear, climate change has led to more frequent extreme weather events which has led to a rise in homeowner insurance claims. As insurers deal with an increased number of claims, they pass those additional costs onto homeowners via higher premiums, regardless of whether you have filed a claim or not. […]
2025 Spring Cleaning Insurance Tips for Homeowners Posted on Monday 31st March, 2025
Spring is here, the days are getting longer, the weather is warming up and the trees are starting to bud. All of this makes it a great time for homeowners to knock out some spring cleaning and home maintenance. We thought it might be a good idea to look at some spring cleaning and maintenance […]

Home Insurance Quotes in 46203!