How Much Is Homeowners Insurance? The Cost for Different Types of Homes

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by Margaret Heidenry | Sep 1, 2019 How much is homeowners insurance? It’s a question with answers that are going to vary for each homeowner, depending on the size, age, and condition of the home, as well as the deductible and liability coverage. But know this: No matter how safe and secure you feel in your home, it’s a fact of life that bad things can happen at any time—floods, fires, sinkholes, theft. And that’s why buying home insurance is a must. But how much does homeowners insurance cost? The average annual premium runs about $1,083, but a bunch of unique factors can go into calculating a specific quote, and that information could help you get a lower home insurance rate in some cases. Got it? Go to bmre.us/tip2 for more information.