A recent report by Insurance.com, found that the average homeowners insurance rate in the U.S. came in at $2,777 per year which breaks down to $231 a month. The average was based on coverage levels of $300,000 in dwelling and liability and a $1,000 deductible. When Insurance.com ran the numbers, Oklahoma was the most expensive […]
Tag Archives: average home insurance rates
9% Predicted Jump in Home Insurance Rates in 2023
25
Apr
According to a new report by online marketplace Insurify, average homeowner insurance premiums are headed up again in 2023. The report predicts that the average cost of homeowners insurance could jump up 9% which translates into about $150 increase for most homeowners. The pain will not be distributed equally, homeowners in some states will see […]
How does Cost of Living Influence Home Insurance Rates in Columbia (SC)?
22
Aug
According to the ACCRA Cost of Living Index compiled for various cities across the United States, the composite value for South Carolina is about 93.3 percent of the national average. This means that it is cheaper to live in this state than it is in most other states of the country. This is also true […]