How Much Will Homeowners Insurance Cost?

  1. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    That is going to depend on many factors. To name a few: the valuation of the home, your geographic location, your homeowners loss history, any endorsements on the policy, and  many other factors. That being said I would say that a good many homeowners policies in my area run from about $600 to $2000 per year. Please contact a local agent to find out what the rates would be for a policy in your area.
    Answered on May 29, 2013
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  2. 14231 POINTS
    Tom Sheehan
    Agency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482
    As my colleague said, there are a great many factors that are considered when the premium for a home is developed. In addition to those he mentioned, the year of construction and style of home along with it's proximity to fire services, namely water sources such as hydrants and distance from the closest Fire Fighting Company would be included. Having a monitored alarm system and also insuring your cars with the same company would more than likely earn you money saving discounts. Talk to your Insurance Professional about the specific terms and conditions of your homeowners' policy and ask about any available discounts for which you may qualify to best manage your costs.
    Answered on December 23, 2015
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