Coralville, IA Home Insurance Quotes!

Did you know Coralville, IA homeowners are now finding easier ways to shop and compare home insurance rates online as low as $534 a year. At GetHomeInsuranceQuotes.com, we provide superior service when it comes to handling your insurance needs. Our quoting application process has been trusted by thousands of homeowners like you who want a quick way to compare rates without any hassle. Our licensed homeowners insurance professionals are nearby and here to help you compare multiple options and our convenient service allows us to answer the questions that you need to get the right coverage at the most affordable price. We provide the best rates from up to 12 carriers that are all highly rated by A.M Best and we shop the policy with you so you know which Coralville insurance policy is best for you. Start your quote today by entering your zip code!

Coralville, IA Housing Demographics

The city of Coralville in Iowa is roughly around 18,907 residents in population size with 7763 occupied homes within the city of Coralville. The average family household in Coralville is 4229.

Demographic	Values
Population	18,907
Total Occupied Households	7763
Family Households (families)	4229
Average Owner Occupied Household Size	2.55
Average Family Size	3.01
Total Housing Units	8310

Coralville, IA Average Rates

When our Coralville agents discuss insurance premiums and packages with new customers, we work with them to clearly explain the additional ways for you to save time and money by discovering lower rates that are available to you through different carriers, coverage options and discounts. We know homeowners insurance is not always about price, but in Coralville, homeowners are paying around $534 to $1,084 per year. Saving on your home insurance is key to discounts and coverage options, average rates are around $65 per month which is really cheap for great coverage. You can expect to pay around $784 per year depending on how much replacement cost coverage you need and if you can be approved for any discounts.

The average rates mentioned above for a standard homeowners insurance policy within the state of Iowa includes the coverage of your home, your contents, loss of use, medical payments and homeowner liability coverage. We always explain the policy details to you and help you understand that if your home is in need of additional coverage because the area in which your home is located requires flood or earthquake insurance then our agents will help you setup additional coverages. This is one of the many policy details our agents will recognize when you request an online Coralville, IA homeowners insurance quote from us.

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Average Rates Nearby Coralville

Are you looking for homeowners insurance in a city near Coralville? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!

Home Insurance Rates by Zipcode in Coralville, IA

Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Coralville.

52241,

Coralville, IA Home Insurance Average Premiums

Local Coralville, IA home insurance quotes comparison

$534 /yr.

Shows Coralville's lowest average rates with discounts applied.

For the city of Coralville, 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)	$534 /yr.
Average Coverage:	$784 /yr.
2600 sq. ft. or higher (all discounts applied)	$1084 /yr.

What is the average home insurance cost for a home in Coralville, IA?

• The average homeowners insurance premium paid annually for a home in Coralville is around $784 per year.

What does it cost on average per month for home insurance in Coralville, IA?

• Homeowners in Coralville pay an average cost per month around $65.00 for insurance coverage.

Coralville, IA - 2023 Housing Information

Month	Current Home Value (2023)	Last Year Home Value (2022)
January	$256,448	$237,318
February	$256,924	$238,889
March	$258,672	$240,739
April	$260,699	$242,928

Homeowners insurance will help cover the cost to repair or replace your Coralville home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:

Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Coralville
Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.

Get up to 12 competitive Coralville, IA homeowners insurance rates all in one place!

Saving Money Tips on Coralville Home Insurance

A great way to save money on Coralville homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:

Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.

Are you shopping for the best rate near or wihin the Coralville area? Check out what homeowners are paying on average for Iowa homeowners insurance.

Elevation Review for Coastal Wind or Flooding Risk

Elevation	Details	Homeowners Tips
744 ft.	This is the average home elevation in Coralville, IA	Did you know that the elevation in which your home resides is crucial to a home insurance policy because it determines the risk factor related to your home being in a flood zone. It is important to understand that your home is not covered for floods under a standard homeowners policy. You will need to speak with a local Iowa flood insurance agent about a flood insurance policy, please give us a call now at 888-620-1954.

To get online quotes on your home and compare rates on home insurance premiums in Coralville, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Johnson County.

Iowa 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 […]
Texas is Seeing Major Increases in the Cost of Homeowners Insurance Posted on Tuesday 7th May, 2024
Like much of the rest of the country, Texas is seeing major increases in the cost of homeowners insurance. According to an article in Austin American-Stateman, residents of Texas have seen their insurance rates go up 50.9% on average which is the largest increase in the country for that time period. Unfortunately, experts are predicting […]
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 […]

Coralville, IA Dwelling Coverage Estimate

It is important to calculate your dwelling coverage for your home in Coralville so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.

What is the average replacement cost coverage in Coralville, IA?

- The average square footage in Coralville is around 1,742 Sq. Ft. which would cost you around $226,500 to replace the home if you base the home on the price to build per square foot of $130.

Minimum Replacement Cost Total: $226,500

Location: Coralville, Iowa (Johnson County)

Average Building Cost Per Square Foot in Coralville: $130 (low end)

Average Square Footage in Coralville: 1,742 Sq. Ft.

Home Improvement Status	Price per Sq. Ft.	Dwelling Coverage
None or Very Minor Improvements	$130	$226,500
Some Additional Upgrades	$163	$283,125
Major Home Updates or Advancements	$195	$339,750

Calculate Your Coralville, IA Dwelling Coverage

The dwelling coverage is calculated by the average cost per square foot ($130) in Coralville, Iowa times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $406,250 (Media price to build of $163 x 2500 sq. ft.) to cover the cost to rebuild your new home.

What is the difference between actual cash value and replacement cost value?

Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:

Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.

Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.