There are many factors that affect the policy premium pricing. Therefore, more questions than answers...initially...
First of all, what State are we talking about, since rates vary greatly from State to State, not to mention significant regional variations within a State? For one example, think of a coastal location exposure to wind vs. a dwelling located inland and not generally exposed to the same potential perils. Which one is going to present the highest chance of risk for wind damage losses? This will definitely affect the premium.
Additionally, one insurance company's rates can vary greatly from those of another.
Also, a few of the many other questions:
What is the amount of intended insurance needed on the dwelling?
How old is the home?
What type of construction?
What type of fire protection and proximity to the dwelling?
What other types of protection devices and method of monitoring?
Any dangerous animal breeds?
Swimming pool?
You really need to talk to an agent about rates in your location. Ask for quotes from the strongest carriers. Ask particularly about their financial strengths and claims paying histories. Try to get carriers with A.M Best ratings of A or better, if at all possible.
Additionally, many State Insurance Departments have consumer information for the public, relating to homeowner polices. Do some of your own 'on-line' research, if possible. You can also ask other homeowners in your area about their carriers' pricing and experiences with claims.
Manager, Marindependent Insurance Services LLC, California
There are too many factors to give you an idea. It depends on the state, the location, type of build, age of home, age of plumbing, electrical, furnace, water heater, roof, and type of plumbing, electrical, roof, and claims history, other liability risk factors, type of occupancy, and many many other questions.
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First of all, what State are we talking about, since rates vary greatly from State to State, not to mention significant regional variations within a State? For one example, think of a coastal location exposure to wind vs. a dwelling located inland and not generally exposed to the same potential perils. Which one is going to present the highest chance of risk for wind damage losses? This will definitely affect the premium.
Additionally, one insurance company's rates can vary greatly from those of another.
Also, a few of the many other questions:
What is the amount of intended insurance needed on the dwelling?
How old is the home?
What type of construction?
What type of fire protection and proximity to the dwelling?
What other types of protection devices and method of monitoring?
Any dangerous animal breeds?
Swimming pool?
You really need to talk to an agent about rates in your location. Ask for quotes from the strongest carriers. Ask particularly about their financial strengths and claims paying histories. Try to get carriers with A.M Best ratings of A or better, if at all possible.
Additionally, many State Insurance Departments have consumer information for the public, relating to homeowner polices. Do some of your own 'on-line' research, if possible. You can also ask other homeowners in your area about their carriers' pricing and experiences with claims.