How Much Is Home Insurance A Month

The average cost of homeowners insurance for a 12 month policy from asi one of the insurers in progressive s network and part of our family of companies ranged from 676 56 month to 2 044 170 month in 2019.

How much is home insurance a month. 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. 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. We show average home rates for three other common coverage levels at the end of this article. In very broad terms expect to pay about 35 per month for every 100 000 of home value though it depends on your city and state.

How much is home insurance. Louisiana has the most expensive home insurance at an average of over 1 900 a year and oregon has the cheapest average home insurance at around 650 a year. How much is homeowners insurance. Some states pay a lot more while some a lot less.

Depending on where you live the average cost of home insurance can fall anywhere between 400 and 3 000 per year. Homeowners insurance policies vary on what and how much they cover but typically they ll cover all or part of your financial losses. The average cost of homeowners insurance is around 1 200 a year but many factors play a role including the details of your property and which state and city you live in. From our research the average cost of a home insurance policy is 112 a month based on a home worth 500 000 and contents of 100 000 in a suburban city.