Compare 20904 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Silver Spring just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 21,331 neighbors looking to save on their home insurance policy in the local 20904 zip code area. Our process is very simple, easy to use and hassle free. We help you shop and compare competitive rates for your home in 20904. So how do we provide affordable home insurance quotes? We use your home details from our online quoting application to compare the best Maryland rates and coverage options with over 12 major carriers. Then we evaluate the best coverage and apply all the discounts and credits to help you save an additional 40%. We do all of this and more and our service online or over the phone is free. Let us help you compare your Silver Spring, MD home insurance rates today!

For more information about homeowners insurance, like average home insurance rates, coverage options or home insurance types, please select Home Insurance Rates in Silver Spring, MD

20904 Home Insurance Average Premiums

Local 20904 homeowners insurance quotes comparison

$604 /yr.

Shows Zip Code: 20904 lowest rates with discounts applied on average.

For the 20904, 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)	$604 /yr.
Average Coverage:	$854 /yr.
2600 sq. ft. or higher (all discounts applied)	$1154 /yr.

What is the average home insurance cost for a home in 20904?

• The average homeowners insurance premium paid annually for a home in 20904 is around $854 per year.

What does it cost on average per month for home insurance in 20904?

• Homeowners in 20904 pay a monthly average cost per month around $71.00.

What kind of discount could I get if I combine my home and auto insurance together in 20904?

• Autoowners in 20904 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 Silver Spring area, check out other zip codes nearby 20904.
Review average rates in another zip code:
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20906 homeowners insurance rates
20903 homeowners insurance rates
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20901 homeowners insurance rates

Home Replacement Cost Coverage in 20904

Average Building Cost Per Square Foot in 20904: $190

Location: Silver Spring, Maryland (Montgomery County)

Average Square Footage in 20904: 2,278 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 20904 before you start any project. Silver Spring homeowners pay on average around $190 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 20904 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 20904 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,278 sq. ft. and the average cost to rebuild the home in this area is around $190 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 Silver Spring 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	$190	2,278	$432,800
Additional Upgrades & Added Features	$238	2,278	$541,000
Major Home Updates or Advancements	$285	2,278	$649,200

Calculate Your Dwelling Coverage in 20904

It's important to understand that when you estimate your replacement cost of your home in the 20904 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 20904

Snider- Mary S - State Farm Insurance Agent

Address: 12520 Prosperity Dr, #115 Silver Spring, MD 20904
Phone:
Website: http://www.marysnider.com
Info:

Allstate Insurance Company - Joe Van Dalsum

Address: 12301 Old Columbia Pike Silver Spring, MD 20904
Phone:
Website: http://www.allstateagencies.com/030706?cid=OTC-YP.com-IYP&att=TL
Info:

Vanburn G Gaskin

Address: 11120 New Hampshire Ave Silver Spring, MD 20904
Phone:
Website:
Info:

Tim Fenlon Ins Agency Inc - Nationwide Insurance

Address: 12301 Old Columbia Pike, Ste 100a Silver Spring, MD 20904
Phone:
Website: http://www.national.citysearch.com/profile/662883940/silver_spring_md/tim_fenlon_ins_agency_inc_nationwide_insurance.html
Info:

ACE Cash Express

Address: 11311 Lockwood Dr Silver Spring, MD 20904
Phone:
Website: http://www.national.citysearch.com/profile/666931970/silver_spring_md/ace_cash_express.html
Info:

Housing Demographics for 20904

Population Review for 20904 Zip Code

For the city of Silver Spring, the population within 20904 has increased to over 58,045 residents in population size. The current population total is 59,051. We have broken down the population based on race below. In 20904, there are over 27351 in male population and 31700 females.

Population	Values
Total Population	59,051
White Population	13010
Black Population	27506
Hispanic Population	10512
Asian Population	6992
Hawaiian Population	33
Indian Population	312
Other Population	6154
Male Population	27351
Female Population	31700
Population Estimate	58045

Household Data for 20904

The average number of homes in 20904 is around 21,331, there are an average of 2.73 per household. The average house value according to local real estate values is around $432,800. Please review the following demographics below for average income and media age.

Housing / Income Data	Values
Households Per Zipcode	21,331
Persons Per Household	2.73
Average House Value	$432,800
Income Per Household	$86513
Median Age	40.3
Median Age Male	37.8
Median Age Female	42.3

20904 Details	Values
State	MD
State Full Name	Maryland
City Type	P
City Alias Abbreviation
Area Code	301
City	Silver Spring
City Alias Name	SILVER SPRING
County	Montgomery
County FIPS	031
State FIPS	24
Time Zone	5
Day Light Saving	Y
MSA	8872
PMSA	8840
CSA	548
CBSA	47900
CBSA_DIV	23224
CBSA_Type	Metro
CBSA_Name	Washington-Arlington-Alexandria, DC-VA-MD-WV
MSA_Name	Washington-Baltimore, DC-MD-VA-WV CMSA
PMSA_Name	Washington, DC-MD-VA-WV PMSA
Region	South
Division	South Atlantic
MailingName	Y

Economic & Growth Review	Values
Number Of Businesses	987
Number Of Employees	17796
Business First Quarter Payroll	275683
Business Annual Payroll	1081468
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	5582170
CBSA Division Population	1205162
Congressional District	04\|08
Congressional LandArea	297.81\|859.85
Delivery Residential	21262
Delivery Business	672
Delivery Total	21902
Preferred Last Line Key	V24373
Classification Code
Multi-County	Y
CSA Name	Washington-Baltimore-Arlington, DC-MD-VA-WV-PA
CBSA_DIV_Name	Frederick-Gaithersburg-Bethesda, MD
City State Key	V24373
Land Area	13.728000
Water Area	0.039000
City Alias Code
City Mixed Case	Silver Spring
City Alias Mixed Case	Silver Spring
Box Count	0
SFDU	8249
MFDU	9112
State ANSI	24
County ANSI	031
ZIP Intro
Alias Intro
Facility Code	P
City Delivery Indicator	Y
Carrier Route Rate Sortation	D
Finance Number	238478
Unique ZIP Name
SSA State County Code	21150
Medicare CBSA Code	23224
Medicare CBSA Name	Frederick-Gaithersburg-Rockville, MD
Medicare CBSA Type	Metro
Market Rating Area ID	3
County Mixed Case	Montgomery

Maryland Homeowners Insurance News & Information

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 […]

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