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07078 Home Insurance Rates & Premiums

Did you know there are over 14,061 people living within the 07078 zip code area? There are over 4,180 occupied dwellings which means many homeowners like you that are interested in lower premiums or better coverage options. At GetHomeInsuranceQuotes.com, we provide a free shopping services online or over the phone. Our process includes the following:

  1. We will shop up to 12 home insurance companies for free.
  2. We will apply all discounts and credits to help you save up to 40% or more.
  3. We will answer any questions that you may.
  4. We will review the best policy and coverage option in 07078.

Let us help you shop and compare rates today, just enter your zip code to get your free online home insurance quotes. Please give us a call now at 1-855-976-2656, and easily get up to 12 rates over the phone in minutes.

Average homeowners insurance premiums in New Jersey are on the rise. The estimated average premium is around $1,083 a year for a standard homeowners insurance policy in Short Hills. You can find out more information about home insurance premiums, discounts and crime rate information by clicking your city below.

City: Short Hills, NJ Homeowners Insurance Quotes Online

07078 Home Insurance Average Premiums

Local 07078 homeowners insurance quotes comparison

$833 /yr.

Shows Zip Code: 07078 lowest rates with discounts applied on average.

For the 07078, 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)		$833 /yr.
Average Coverage:$1083 /yr.
2600 sq. ft. or higher
(all discounts applied)		$1383 /yr.

What is the average home insurance cost for a home in 07078?

  • • The average homeowners insurance premium paid annually for a home in 07078 is around $1083 per year.

What does it cost on average per month for home insurance in 07078?

  • • Homeowners in 07078 pay a monthly average cost per month around $90.00.

What kind of discount could I get if I combine my home and auto insurance together in 07078?

  • • Autoowners in 07078 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 Short Hills area, check out other zip codes nearby 07078.
Review average rates in another zip code:
07078 homeowners insurance rates

Home Replacement Cost Coverage in 07078

Average Building Cost Per Square Foot in 07078: $193

Location: Short Hills, New Jersey (Essex County)

Average Square Footage in 07078: 7,223 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 07078 before you start any project. Short Hills homeowners pay on average around $193 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 07078 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 07078 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 7,223 sq. ft. and the average cost to rebuild the home in this area is around $193 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 Short Hills 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$1937,223$1,394,000
Additional Upgrades & Added Features$2417,223$1,742,500
Major Home Updates or Advancements$2907,223$2,091,000

It's important to understand that when you estimate your replacement cost of your home in the 07078 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 07078

Best Home & Auto Insurance Agencies in 07078

Windolf, John President CEO - Bollinger, Incorporated

Address: 101 John F Kennedy Pky Short Hills, NJ 07078
Phone:
Website: http://www.bollingerinsurance.com/
Info:

Housing Demographics for 07078

Population Review for 07078 Zip Code

For the city of Short Hills, the population within 07078 has increased to over 15,472 residents in population size. The current population total is 14,061. We have broken down the population based on race below. In 07078, there are over 6959 in male population and 7102 females.

PopulationValues
Total Population14,061
White Population8119
Black Population178
Hispanic Population427
Asian Population4791
Hawaiian Population1
Indian Population5
Other Population125
Male Population6959
Female Population7102
Population Estimate15472

Household Data for 07078

The average number of homes in 07078 is around 4,180, there are an average of 3.36 per household. The average house value according to local real estate values is around $1,394,000. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode4,180
Persons Per Household3.36
Average House Value$1,394,000
Income Per Household$250000
Median Age41.0
Median Age Male41.1
Median Age Female41.0
07078 DetailsValues
StateNJ
State Full NameNew Jersey
City TypeP
City Alias Abbreviation
Area Code973/862
CityShort Hills
City Alias NameSHORT HILLS
CountyEssex
County FIPS013
State FIPS34
Time Zone5
Day Light SavingY
MSA5602
PMSA5640
CSA408
CBSA35620
CBSA_DIV35084
CBSA_TypeMetro
CBSA_NameNew York-Newark-Jersey City, NY-NJ
MSA_NameNew York-Northern New Jersey-Long Island, NY-NJ-CT-PA
PMSA_NameNewark, NJ PMSA
RegionNortheast
DivisionMiddle Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses574
Number Of Employees9036
Business First Quarter Payroll293509
Business Annual Payroll1085017
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population18897109
CBSA Division Population2090358
Congressional District11
Congressional LandArea504.97
Delivery Residential4605
Delivery Business339
Delivery Total5248
Preferred Last Line KeyV11391
Classification Code
Multi-County
CSA NameNew York-Newark, NY-NJ-CT-PA
CBSA_DIV_NameNewark, NJ
City State KeyV11391
Land Area7.992000
Water Area0.556000
City Alias Code
City Mixed CaseShort Hills
City Alias Mixed CaseShort Hills
Box Count111
SFDU4206
MFDU282
State ANSI34
County ANSI013
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number337755
Unique ZIP Name
SSA State County Code31200
Medicare CBSA Code35084
Medicare CBSA NameNewark, NJ-PA
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseEssex

New Jersey Homeowners Insurance News & Information

  • Buy Flood Insurance: What we learned from Hurricane Ida Posted on Monday 20th September, 2021

    On September 2, 2021, Parked cars in New Brunswick, New Jersey submerged underwater after Tropical Storm Ida. Hurricane Ida struck Louisiana as a category 4 hurricane with 150 mile an hour winds and days later hit New Jersey, New York, and other states with a massive amount of rain that has caused numerous flash floods, […]

  • FEMA’s new rating system is called “Risk Rating 2.0,” effective October 1st, 2021 Posted on Wednesday 28th April, 2021

    A recent report by ValuePenguin looked at the new risk ratings that the Federal Emergency Management Agency’s (FEMA) will be using when determining premiums for flood insurance in the National Flood Insurance Program (NFIP). The report found that millions of homeowners could see noticeable increases in flood insurance costs. FEMA’s new rating system is called […]