How Much Does The Average Person Spend On Home Insurance?

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    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    The average cost of a homeowners insurance policy is going to vari from one geographic area to another. In my area I estimate that the average cost for a homeowners policy is about 700-1000/yr. Homeowners insurance will vary depending on home values, claims history for the area, and many other factors. Contact your local agent to find out what coverage is available in your area and the cost associated with it.
    Answered on May 19, 2013
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