How Much Is Homeowners Insurance?
- 14231 POINTSview profileTom SheehanAgency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482Homeowners Insurance premiums reflect the amount of risk that an insurance company will be assuming when insuring a home. Numerous factors affect pricing of course, so it is difficult to give a blanket response to this. Consider the amount of coverage and the deductible for example. You will pay more for a home insured to $450,000 than you would for one at $250,000. You will pay more for a $500 deductible than you would for $1000 or more. Type of building materials, proximity to a coastal location, distance from fire hydrants and fire departments all factor in.Answered on May 28, 2014flag this answer
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