Average Home Insurance Cost Indiana

The average cost of indiana home insurance is lower than the the country s average at 1 003 per year in 2016.

Average home insurance cost indiana. The average home insurance policy in elkhart costs 1 186 every 12 months 209 less than the average policy in other indiana cities. The below table shows the best places to live in indiana if you re looking for cheap homeowners insurance. We found that cincinnati insurance the cheapest insurer in indiana was nearly 1 000 cheaper per year than the most expensive option liberty mutual. But car insurance premiums are affected by factors other than your location.

Depending on where you live the average cost of home insurance can fall anywhere between 400 and 3 000 per year. Average cost of home insurance in indianapolis. The best home insurance rates in indiana are in elkhart. The following graph shows how home insurance rates compare across different companies in indianapolis.

This is 260 below the national average of 1 215. Car insurance premiums take into account a number of components such as one s marital status driving history credit rating gender and age. The national average cost of homeowners insurance was 1 211 in 2017 according to the latest data from the insurance information institute. The cheapest options for homeowners insurance in indiana.

In order to help you get your best rate and the right coverage we studied the home insurance market in indiana to compare provider rates company policy offerings and customer satisfaction levels. As you ll see in the homeowners insurance cost by state chart below oklahoma is the most expensive state for home insurance 2 140 more than the national average for the coverage level analyzed. In the united states the national average is 1 211 however home insurance premiums are highly individualized. The average auto insurance rate in indiana is 1 133 per year 20 6 less than the national average.

However housing costs have increased greatly over the past couple of years. Average cost of homeowners insurance in indiana. Choosing an affordable homeowners insurance company can save you hundreds of dollars per year. Indianapolis homeowners insurance rates average out at about 1 049 a year.

How much is home insurance. The average cost of homeowners insurance in indiana is 955 a year. The average cost of renters insurance was 180. Is 625 for an ho6 policy.

We show average home rates for three other common coverage levels at the end of this article. The average annual cost of home insurance in indiana is 1 000. These costs are impacted by the unique home insurance risks for each state the amount of coverage a typical homeowner buys in each state and several other factors.