How Is Homeowners Insurance Calculated?

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    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    How your homeowners insurance premium is calculated will more than likely vary from carrier to carrier, based on many factors. Some of the major factors that help determine your rate are geographic location of the premise, the age of the premise, the architecture of the premise and materials used to construct it, the valuation of reconstruction of the premise and claims history of the insured just to name a few. Contact a local agent to discuss the information that they need to provide you with a quote.
    Answered on August 21, 2013
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