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Homeowners Insurance in 48350

For homeowners living in 48350, you want more affordable home insurance rates in Davisburg, right? Our rates are very competitive for homeowners living in the great city of Davisburg, MI. Many homeowners living in the 48350 area have found it very easy to shop with GetHomeInsuranceQuotes.com. For example, we clearly showcase the top home insurance companies that we will shop for you all in one place. Plus, our homeowners insurance quotes are free and our Michigan licensed agents can provide a free consultation service to you that allows you to ask questions about which policy and coverage option is best for you and your family. Get the home insurance protection you need and start a free home insurance quote today, simply click the "Get Multiple Quotes Now" button. Your 48350 should appear in the zip code field ready to go. Comparing Davisburg, MI Home Insurance Quotes in your area, we can review the best rates and coverage options with multiple carriers to choose from.

48350 Home Insurance Costs Are Considered: Medium!

The overall cost of homeowners insurance on average for a standard HO-3 home insurance policy for homeowners living in Davisburg pay around $825 per year. For affordable homeowners insurance, we have the best prices when it comes to comparing Michigan home insurance rates. At GetHomeInsuranceQuotes.com, we compare the most competitive companies then we let you review the most affordable rates and coverage options. Homeowners living in the 48350 zip code usually have questions about which coverage option is best. Our process is spam and hassle free so you can get your questions answer quickly and review the best home insurance policy for you. Most of all, Davisburg homeowners enjoy saving up to 40% or even more when we apply all the discounts available. Let us help you shop and save on your Michigan home insurance premium today!

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48350 Home Insurance Average Premiums

Local 48350 homeowners insurance quotes comparison

$575 /yr.

Shows Zip Code: 48350 lowest rates with discounts applied on average.

For the 48350, 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)
$575 /yr.
Average Coverage:$825 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1125 /yr.

What is the average home insurance cost for a home in 48350?

  • • The average homeowners insurance premium paid annually for a home in 48350 is around $825 per year.

What does it cost on average per month for home insurance in 48350?

  • • Homeowners in 48350 pay a monthly average cost per month around $69.00.

What kind of discount could I get if I combine my home and auto insurance together in 48350?

  • • Autoowners in 48350 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 Davisburg area, check out other zip codes nearby 48350.
Review average rates in another zip code:
48350 homeowners insurance rates

Home Replacement Cost Coverage in 48350

Average Building Cost Per Square Foot in 48350: $132

Location: Davisburg, Michigan (Oakland County)

Average Square Footage in 48350: 2,201 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 48350 before you start any project. Davisburg homeowners pay on average around $132 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 48350 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 48350 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,201 sq. ft. and the average cost to rebuild the home in this area is around $132 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 Davisburg 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$1322,201$290,500
Additional Upgrades & Added Features$1652,201$363,125
Major Home Updates or Advancements$1982,201$435,750

It's important to understand that when you estimate your replacement cost of your home in the 48350 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 48350

Best Home & Auto Insurance Agencies in 48350

Housing Demographics for 48350

Population Review for 48350 Zip Code

For the city of Davisburg, the population within 48350 has increased to over 7,924 residents in population size. The current population total is 7,581. We have broken down the population based on race below. In 48350, there are over 3833 in male population and 3748 females.

PopulationValues
Total Population7,581
White Population6847
Black Population76
Hispanic Population323
Asian Population94
Hawaiian Population1
Indian Population15
Other Population86
Male Population3833
Female Population3748
Population Estimate7924

Household Data for 48350

The average number of homes in 48350 is around 2,810, there are an average of 2.68 per household. The average house value according to local real estate values is around $290,500. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode2,810
Persons Per Household2.68
Average House Value$290,500
Income Per Household$97981
Median Age44.0
Median Age Male44.2
Median Age Female43.8
48350 DetailsValues
StateMI
State Full NameMichigan
City TypeP
City Alias Abbreviation
Area Code248
CityDavisburg
City Alias NameDAVISBURG
CountyOakland
County FIPS125
State FIPS26
Time Zone5
Day Light SavingY
MSA2162
PMSA2160
CSA220
CBSA19820
CBSA_DIV47664
CBSA_TypeMetro
CBSA_NameDetroit-Warren-Dearborn, MI
MSA_NameDetroit-Ann Arbor-Flint, MI CMSA
PMSA_NameDetroit, MI PMSA
RegionMidwest
DivisionEast North Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses99
Number Of Employees657
Business First Quarter Payroll7323
Business Annual Payroll36253
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population4296250
CBSA Division Population2475666
Congressional District09
Congressional LandArea183.59
Delivery Residential2957
Delivery Business69
Delivery Total4873
Preferred Last Line KeyY11722
Classification Code
Multi-County
CSA NameDetroit-Warren-Ann Arbor, MI
CBSA_DIV_NameWarren-Troy-Farmington Hills, MI
City State KeyY11722
Land Area23.848000
Water Area0.884000
City Alias Code
City Mixed CaseDavisburg
City Alias Mixed CaseDavisburg
Box Count78
SFDU2412
MFDU0
State ANSI26
County ANSI125
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorN
Carrier Route Rate SortationC
Finance Number252370
Unique ZIP Name
SSA State County Code23620
Medicare CBSA Code47664
Medicare CBSA NameWarren-Troy-Farmington Hills, MI
Medicare CBSA TypeMetro
Market Rating Area ID2
County Mixed CaseOakland

Michigan 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 […]