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Searching for Homeowners Insurance in 24018

If you are a homeowners that lives in 24018 you may be searching for more affordable homeowners insurance in Roanoke. Insurance rates can change on a yearly basis so if your current insurer has raised your rates recently it may be time to shop your coverage and we can help.

GetHomeInsuranceQuotes.com makes shopping your insurance policy quick and easy for residents of Roanoke, VA. All you have to do is enter a bit of information about your home and we will gather 12 quotes from nationwide insurers, making sure that you get the best coverage levels and rates available.

Our Virginia licensed agents will provide a free consultation to make sure you are fully protected as well as answer any questions you may have about policy options. Insurance can be complicated so it pays to have a professional walk you through your various policy choices. As always, our service is free.

Getting started is easy. Click the "Get Multiple Quotes Now" button, verify your zip code and start saving.

Get 24018 Home Insurance Rate Quotes Right Now!

You can easily compare rates for your home in ZIP starting an online quoting application to "get quotes". Or search additional Roanoke, VA home insurance quotes in your local city and review the most competitive coverages and premiums.

Check Out 24018 Home Insurance Costs: medium!

In Roanoke, homeowners are paying roughly $856 per year for a HO-3 policy which is considered the standard for a single family home. In order to find the best policy at the best price, we compare rates from some of the most competitive insurers and present you with your best options for homeowners insurance coverage in 24018 zip code.

Our service is free and we never spam our clients so you only receive the information that you request. While all situations are different, in most cases, homeowners in Roanoke are saving up to 40 percent on their policy costs by using GetHomeInsuranceQuotes.com.

Start shopping for a 24018 policy right now!

24018 Home Insurance Average Premiums

Local 24018 homeowners insurance quotes comparison

$606 /yr.

Shows Zip Code: 24018 lowest rates with discounts applied on average.

For the 24018, 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)
$606 /yr.
Average Coverage:$856 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1156 /yr.

What is the average home insurance cost for a home in 24018?

  • • The average homeowners insurance premium paid annually for a home in 24018 is around $856 per year.

What does it cost on average per month for home insurance in 24018?

  • • Homeowners in 24018 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 24018?

  • • Autoowners in 24018 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 Roanoke area, check out other zip codes nearby 24018.
Review average rates in another zip code:
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Home Replacement Cost Coverage in 24018

Average Building Cost Per Square Foot in 24018: $163

Location: Roanoke, Virginia (Roanoke County)

Average Square Footage in 24018: 1,630 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 24018 before you start any project. Roanoke homeowners pay on average around $163 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 24018 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 24018 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 1,630 sq. ft. and the average cost to rebuild the home in this area is around $163 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 Roanoke 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$1631,630$265,700
Additional Upgrades & Added Features$2041,630$332,125
Major Home Updates or Advancements$2451,630$398,550

It's important to understand that when you estimate your replacement cost of your home in the 24018 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 24018

Best Home & Auto Insurance Agencies in 24018

Jack Sale Insurance Agency Inc - State Farm Insurance Agent

Address: 3214 Electric Rd, #201 Roanoke, VA 24018
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

McDonald- Patrick T - State Farm Insurance Agent

Address: 3321 Brambleton Ave Roanoke, VA 24018
Phone:
Website: http://www.statefarm.com
Info: State Farm - Car Insurance Quotes - Save on Auto Insurance
State Farm offers more discounts to more drivers than any other insurance company. Get a free quote today and see how you can save on auto, home, life and more. State Farm, auto insurance, car insurance, home insurance, homeowners insurance, renters insurance, life insurance, health insurance, annuities, mutual funds, banking, car loans, credit cards, Visa gift cards

Bill Keller Insurance Agcy Inc - State Farm Insurance Agent

Address: 4720 Starkey Rd Roanoke, VA 24018
Phone:
Website:
Info:

Nationwide Insurance Company

Address: 2965 Colonnade Dr Roanoke, VA 24018
Phone:
Website:
Info:

Deborah A. Mitchell Agency

Address: 4214 Brambleton Ave Roanoke, VA 24018
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 24018

Population Review for 24018 Zip Code

For the city of Roanoke, the population within 24018 has increased to over 41,370 residents in population size. The current population total is 39,144. We have broken down the population based on race below. In 24018, there are over 18529 in male population and 20615 females.

PopulationValues
Total Population39,144
White Population32438
Black Population1845
Hispanic Population1500
Asian Population1974
Hawaiian Population9
Indian Population86
Other Population561
Male Population18529
Female Population20615
Population Estimate41370

Household Data for 24018

The average number of homes in 24018 is around 16,820, there are an average of 2.32 per household. The average house value according to local real estate values is around $265,700. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode16,820
Persons Per Household2.32
Average House Value$265,700
Income Per Household$81957
Median Age45.3
Median Age Male43.3
Median Age Female47.1
24018 DetailsValues
StateVA
State Full NameVirginia
City TypeP
City Alias Abbreviation
Area Code540
CityRoanoke
City Alias NameROANOKE
CountyRoanoke
County FIPS161
State FIPS51
Time Zone5
Day Light SavingY
MSA6800
PMSA
CSA
CBSA40220
CBSA_DIV
CBSA_TypeMetro
CBSA_NameRoanoke, VA
MSA_NameRoanoke, VA MSA
PMSA_Name
RegionSouth
DivisionSouth Atlantic
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses1083
Number Of Employees11980
Business First Quarter Payroll124442
Business Annual Payroll579577
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population308707
CBSA Division Population0
Congressional District06|09
Congressional LandArea5930.02|9113.87
Delivery Residential17832
Delivery Business1246
Delivery Total20652
Preferred Last Line KeyX27549
Classification Code
Multi-CountyY
CSA Name
CBSA_DIV_Name
City State KeyX27549
Land Area42.781000
Water Area0.077000
City Alias Code
City Mixed CaseRoanoke
City Alias Mixed CaseRoanoke
Box Count315
SFDU13393
MFDU3352
State ANSI51
County ANSI770
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number517716
Unique ZIP Name
SSA State County Code49800
Medicare CBSA Code40220
Medicare CBSA NameRoanoke, VA
Medicare CBSA TypeMetro
Market Rating Area ID8
County Mixed CaseRoanoke

Virginia 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 […]