The average homeowners insurance rate in the u.s. is $2,601 annually, or $217 monthly for $300,000 in dwelling coverage and liability and a $1,000 deductible. the cost of home insurance by state varies, however, in some cases by thousands of dollars. oklahoma is the most expensive state for home insurance; the average rate there is $5,858 a. Hawaii boasts the nation’s cheapest home insurance, with an average premium of just $382 per year for $250,000 in dwelling coverage. that means hawaii’s average price for home insurance comes.
The insurance rates homeowners pay can vary considerably across the country. vermont homeowners tend to pay the least, at an average annual rate of $918, whereas florida homeowners pay the highest—at nearly $11,000 annually. “the states with the highest home insurance costs are prone to severe weather events,” the insurify report explains. Wyoming was not included in the analysis as s&p did not have filings for the state. below are the 10 states where insurance costs have risen the most from 2018 through 2023. 1. texas. homeowners. Homeowners insurance rates vary by several thousand dollars from state to state. the average cost nationwide is $2,601, but rates can be as low as $613 in hawaii and as high as $5,858 in oklahoma. the average homeowners insurance cost in the u.s. is $2,601, based on a policy with $300,000 in dwelling coverage and liability and a $1,000 deductible. The average cost of homeowners insurance is $217 per month. however, rates vary significantly from state to state and city to city. home insurance monthly costs range from the highest in oklahoma at $488 to the lowest in hawaii at $51. rank.
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