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How Much Is Homeowners Insurance? Average December 2023 Rates

Savings Corner

Homeowners insurance costs an average of $1,820 a year, or about $152 a month, according to NerdWallet’s analysis. Our sample policy was for a 40-year-old homeowner with good credit, $300,000 of dwelling coverage, $300,000 of liability coverage and a $1,000 deductible. Average homeowners insurance rates vary widely.