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27405, NC Home Insurance

In the zip code of 27405, the population size is around 51,506, which consists of 19,795 occupied homes in your area. We often hear homeowners ask us what the average home insurance premiums are for residence living in Greensboro, NC. A few years ago, a study was done and found that the average home insurance rates for North Carolina are around $846 per year for a standard homeowners policy. At GetHomeInsuranceQuotes.com, we help homeowners find cheaper rates and better coverage for an existing or new home purchase opportunity. We have partnered with 12 major home insurance companies that have the most competitive rates for homes in the 27405 zip code location. Our savings model helps you not only save up to 40% or more, but also includes enhanced coverage options to help protect your home and family while livings in Greensboro. If you enter your zip code for the home you would like to shop and compare rates for today, we can help you review the premiums and coverage online or over the phone. Give us a call now at 1-866-918-3404 so we can help you compare rates today!

If you would like to review more information on rates within your area, please click Greensboro, NC Homeowners Insurance Online Rates Today!

27405 Home Insurance Average Premiums

Local 27405 homeowners insurance quotes comparison

$596 /yr.

Shows Zip Code: 27405 lowest rates with discounts applied on average.

For the 27405, 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)
$596 /yr.
Average Coverage:$846 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1146 /yr.

What is the average home insurance cost for a home in 27405?

  • • The average homeowners insurance premium paid annually for a home in 27405 is around $846 per year.

What does it cost on average per month for home insurance in 27405?

  • • Homeowners in 27405 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 27405?

  • • Autoowners in 27405 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 Greensboro area, check out other zip codes nearby 27405.
Review average rates in another zip code:
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27405 homeowners insurance rates

Home Replacement Cost Coverage in 27405

Average Building Cost Per Square Foot in 27405: $135

Location: Greensboro, North Carolina (Guilford County)

Average Square Footage in 27405: 868 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 27405 before you start any project. Greensboro homeowners pay on average around $135 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 27405 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 27405 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 868 sq. ft. and the average cost to rebuild the home in this area is around $135 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 Greensboro 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$135868$117,200
Additional Upgrades & Added Features$169868$146,500
Major Home Updates or Advancements$203868$175,800

It's important to understand that when you estimate your replacement cost of your home in the 27405 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 27405

Darnell Stephen W Insurance

Address: 609 State Street Greensboro, NC 27405
Phone: (336)333-0048
Website:

Bare Michael R Insurance

Address: 3306 North Elm Street Greensboro, NC 27405
Phone: (336)282-5033
Website:

Insurance Office Inc

Address: 609 State Street Greensboro, NC 27405
Phone: (336)333-0048
Website:

Chandler & Trogdon Insurance Agency

Address: 2223 North Church Street Greensboro, NC 27405
Phone: (336)375-1313
Website:

Best Home & Auto Insurance Agencies in 27405

Amos Insurance Agency Inc

Address: 1225 4th St Greensboro, NC 27405
Phone:
Website:
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Guilford County Farm Bureau

Address: 3311 Burlington Rd Greensboro, NC 27405
Phone:
Website:
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Nationwide Insurance

Address: 500 E Cornwallis Dr Greensboro, NC 27405
Phone:
Website:
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Auto Insurance Services

Address: 2252 Golden Gate Dr Greensboro, NC 27405
Phone:
Website:
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Nationwide Insurance Companies - Agency Offices

Address: 3512 E Wendover Ave Greensboro, NC 27405
Phone:
Website: http://www.nationwide.com
Info: Nationwide Insurance - Auto Insurance Quotes and Car Insurance Rates
Start saving on car insurance today when you get a free online auto insurance quote or call (888)890-4630. Enjoy the ease of working with Nationwide for your auto insurance needs and our competitive auto insurance rates. car insurance, auto insurance, online auto insurance, auto insurance rates, car insurance quote

Housing Demographics for 27405

Population Review for 27405 Zip Code

For the city of Greensboro, the population within 27405 has increased to over 55,263 residents in population size. The current population total is 51,506. We have broken down the population based on race below. In 27405, there are over 24146 in male population and 27360 females.

PopulationValues
Total Population51,506
White Population11044
Black Population29980
Hispanic Population6421
Asian Population2850
Hawaiian Population14
Indian Population356
Other Population3919
Male Population24146
Female Population27360
Population Estimate55263

Household Data for 27405

The average number of homes in 27405 is around 19,795, there are an average of 2.55 per household. The average house value according to local real estate values is around $117,200. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode19,795
Persons Per Household2.55
Average House Value$117,200
Income Per Household$40022
Median Age34.2
Median Age Male32.8
Median Age Female35.4
27405 DetailsValues
StateNC
State Full NameNorth Carolina
City TypeP
City Alias Abbreviation
Area Code336
CityGreensboro
City Alias NameGREENSBORO
CountyGuilford
County FIPS081
State FIPS37
Time Zone5
Day Light SavingY
MSA3120
PMSA
CSA268
CBSA24660
CBSA_DIV
CBSA_TypeMetro
CBSA_NameGreensboro-High Point, NC
MSA_NameGreensboro--Winston-Salem--High Point, NC MSA
PMSA_Name
RegionSouth
DivisionSouth Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses923
Number Of Employees13326
Business First Quarter Payroll132682
Business Annual Payroll581115
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population723801
CBSA Division Population0
Congressional District06
Congressional LandArea3674.55
Delivery Residential21672
Delivery Business1544
Delivery Total22864
Preferred Last Line KeyY15458
Classification Code
Multi-County
CSA NameGreensboro--Winston-Salem--High Point, NC
CBSA_DIV_Name
City State KeyY15458
Land Area31.373000
Water Area0.260000
City Alias Code
City Mixed CaseGreensboro
City Alias Mixed CaseGreensboro
Box Count0
SFDU14186
MFDU3841
State ANSI37
County ANSI081
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number363192
Unique ZIP Name
SSA State County Code34400
Medicare CBSA Code24660
Medicare CBSA NameGreensboro-High Point, NC
Medicare CBSA TypeMetro
Market Rating Area ID7
County Mixed CaseGuilford

North Carolina Homeowners Insurance News & Information

  • North Carolina Coastal Home Insurance Rates Posted on Friday 29th March, 2024

    North Carolina is a fantastic place to live with plenty of cultural activities, beautiful beaches, world-class cities as well as great restaurants and shopping. The only disadvantage to living in North Carolina, particularly if your home is located in coastal area is the cost of homeowners insurance. The average premium for a standard homeowners insurance […]

  • NC Residents Speak Against 42% Rate Increase Requested by Rate Bureau Posted on Tuesday 13th February, 2024

    During a recent public comment session held by the North Carolina Department of Insurance, dozens of North Carolina residents spoke out against an average rate increase of 42% that the North Carolina Rate Bureau is requesting.  The Rate Bureau represents insurance companies in the state and earlier this year requested average rate increases of 42%. […]

  • North Carolina: 2024 Homeowners Insurance Rate Increase Proposed Posted on Friday 19th January, 2024

    Recently, the North Carolina Rate Bureau requested that the N.C. Department of Insurance allow increases to homeowners’ insurance rates by an average of 42.2 percent. If the NCDOI agrees, the proposed rates will go into effect Aug. 1. However, it is also possible that the NCDOI will not agree to the increase and deny the […]

  • North Carolina Joint Underwriters and Wind Pool Map Explained Posted on Thursday 28th December, 2023

    North Carolina is a lovely state to call home. Our state is packed with beautiful cities, museums, restaurants and of course, some of the loveliest beaches in the country. Unfortunately, if you live in one of our amazing coastal southern cities such as Ocean Isle Beach, Holden Beach, Oak Island Beach, Calabash, Bald Head Island, […]

  • 2024 Homeowners Insurance Outlook Receives Negative Rating Posted on Tuesday 21st November, 2023

    The insurance news for 2024 is certainly not great. Experts expect that extreme weather and increasing costs will push up insurance costs and make insurance companies more selective when deciding where they will write policies.  Recently, credit rating agency AM Best downgraded the entire home insurance industry from stable to negative. According to Richard Attanasio, […]

  • Nationwide Insurance Company Will Not Be Renewing policies for Homeowners in North Carolina Posted on Monday 9th October, 2023

    Nationwide insurance company recently informed the North Carolina Department of Insurance (NCDOI) that it will not be renewing homeowner policies for 10,525 homeowners in North Carolina. Over 1,000 of those non-renewals are in the Dare County, NC. The NCDOI claims that more the half of the non-renewals are based on the “hurricane hazard assessment tool,” […]