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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. How much is home insurance in your state?

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The Best And Worst States To Retire In 2023, Ranked

Savings Corner

Homeowners insurance in Iowa is also below the national average. Analysis from the American Planning Association found more senior movers tended to be renters, those with lower incomes, those with higher housing cost burdens, and those who live alone. Lower housing costs also helped prop the Hawkeye state up to the No.

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