How Much Is Homeowners Insurance Generally?

  1. 1615 POINTS
    Ryan Andrew
    President, The Andrew Agency, Richmond, VA
    The cost of homeowners insurance is determined by several factors. Location, type of house, condition of the property, claim history and personal credit are some of the major factors. In Virginia, homeowners insurance typically ranges between $400 - $1,800 per year. In Maryland, rates are typically between $600 - $2,500. In South Carolina, homeowners insurance is very expensive especially if you live on the coast. Insurance rates in Hilton Head, SC can exceed $5,000 for a modest home.
    Answered on August 30, 2013
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