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Compare 02111 Home Insurance Rates Today!

Compare multiple home insurance rates for your home in Boston just got easier with the quick quoting system provided by GetHomeInsuranceQuotes.com. We make it easier for you and your 4,159 neighbors looking to save on their home insurance policy in the local 02111 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 02111. So how do we provide affordable home insurance quotes? We use your home details from our online quoting application to compare the best Massachusetts 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 Boston, MA 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 Boston, MA

02111 Home Insurance Average Premiums

Local 02111 homeowners insurance quotes comparison

$979 /yr.

Shows Zip Code: 02111 lowest rates with discounts applied on average.

For the 02111, 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)
$979 /yr.
Average Coverage:$1229 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1529 /yr.

What is the average home insurance cost for a home in 02111?

  • • The average homeowners insurance premium paid annually for a home in 02111 is around $1229 per year.

What does it cost on average per month for home insurance in 02111?

  • • Homeowners in 02111 pay a monthly average cost per month around $102.00.

What kind of discount could I get if I combine my home and auto insurance together in 02111?

  • • Autoowners in 02111 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 Boston area, check out other zip codes nearby 02111.
Review average rates in another zip code:
02115 homeowners insurance rates
02118 homeowners insurance rates
02163 homeowners insurance rates
02114 homeowners insurance rates
02108 homeowners insurance rates
02116 homeowners insurance rates
02215 homeowners insurance rates
02199 homeowners insurance rates
02110 homeowners insurance rates
02113 homeowners insurance rates

Home Replacement Cost Coverage in 02111

Average Building Cost Per Square Foot in 02111: $271

Location: Boston, Massachusetts (Suffolk County)

Average Square Footage in 02111: 3,276 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 02111 before you start any project. Boston homeowners pay on average around $271 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 02111 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 02111 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 3,276 sq. ft. and the average cost to rebuild the home in this area is around $271 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 Boston 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$2713,276$887,900
Additional Upgrades & Added Features$3393,276$1,109,875
Major Home Updates or Advancements$4073,276$1,331,850

It's important to understand that when you estimate your replacement cost of your home in the 02111 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 02111

Best Home & Auto Insurance Agencies in 02111

Leo J Costello Insurance Agency

Address: 84 South St Boston, MA 02111
Phone:
Website: http://www.leojcostelloins.com
Info:

Skelly Insurance Agency- Inc.

Address: 60 Temple Pl Boston, MA 02111
Phone:
Website: http://www.skellyinsurance.com
Info:

Housing Demographics for 02111

Population Review for 02111 Zip Code

For the city of Boston, the population within 02111 has increased to over 9,428 residents in population size. The current population total is 9,716. We have broken down the population based on race below. In 02111, there are over 4790 in male population and 4926 females.

PopulationValues
Total Population9,716
White Population4080
Black Population489
Hispanic Population745
Asian Population4283
Hawaiian Population5
Indian Population17
Other Population273
Male Population4790
Female Population4926
Population Estimate9428

Household Data for 02111

The average number of homes in 02111 is around 4,159, there are an average of 1.93 per household. The average house value according to local real estate values is around $887,900. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode4,159
Persons Per Household1.93
Average House Value$887,900
Income Per Household$65587
Median Age33.0
Median Age Male34.0
Median Age Female32.1
02111 DetailsValues
StateMA
State Full NameMassachusetts
City TypeP
City Alias Abbreviation
Area Code617/781/857/339/978
CityBoston
City Alias NameBOSTON
CountySuffolk
County FIPS025
State FIPS25
Time Zone5
Day Light SavingY
MSA1122
PMSA1120
CSA148
CBSA14460
CBSA_DIV14454
CBSA_TypeMetro
CBSA_NameBoston-Cambridge-Newton, MA-NH
MSA_NameBoston-Worcester-Lawrence, MA-NH-ME-CT CMSA
PMSA_NameBoston, MA-NH PMSA
RegionNortheast
DivisionNew England
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses963
Number Of Employees33148
Business First Quarter Payroll1225276
Business Annual Payroll4271232
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population4552402
CBSA Division Population1887792
Congressional District07|08
Congressional LandArea62.67|326.37
Delivery Residential4885
Delivery Business1044
Delivery Total5929
Preferred Last Line KeyV21508
Classification Code
Multi-County
CSA NameBoston-Worcester-Providence, MA-RI-NH
CBSA_DIV_NameBoston, MA
City State KeyV21508
Land Area0.196000
Water Area0.000000
City Alias Code
City Mixed CaseBoston
City Alias Mixed CaseBoston
Box Count0
SFDU282
MFDU4603
State ANSI25
County ANSI025
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number240799
Unique ZIP Name
SSA State County Code22160
Medicare CBSA Code14454
Medicare CBSA NameBoston, MA
Medicare CBSA TypeMetro
Market Rating Area ID0
County Mixed CaseSuffolk

Massachusetts Homeowners Insurance News & Information

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    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 […]