November 2012

What is the average price of homeowners insurance?

The average price of homeowners insurance doesn’t really tell much about insurance rates nationally, because the annual premium varies so widely from state to state. The average is pretty much just a number, not a reality.

For example, homeowners in Utah might feel pretty smug about paying just $530 per annum on average for homeowner insurance when they hear that the average annual premium countrywide is $853, according to Paying hundreds of dollars less for insurance than does the average homeowner across the U.S. is a pretty good feeling.