Our researchers analyzed rates for a benchmark home, and found that the state's homeowners as a whole
paid average home insurance premiums of $ 962 per year for this sample property.
Our researchers analyzed rates for a benchmark home, and found that the state's homeowners as a whole
paid average home insurance premiums of $ 962 per year for this sample property.
Not exact matches
The
average homeowner in Las Vegas
pays an annual
premium of $ 506 for Nevada
home insurance.
The
average American homeowner
pays $ 1,132 per year for
home insurance, but in Massachusetts, the
average annual
premium is $ 1,312.
On
average, residents of Midwest City
pay 23 % more for their annual
home insurance premiums than the rest of Oklahoma.
Today, it's
home to 29,000 people, who can see car
insurance premiums of $ 1,024 per year, which is on
average 42 % lower than what other drivers in the state
pay.
Across the United States, homeowners
pay an
average of $ 1,034 on
home insurance premiums.
Not only that, but residents of Vallejo also
pay a moderate price for their
insurance, with annual auto and
home premiums close to national
averages.
Methodology: GOBankingRates surveyed all 50 states, analyzing eight data points that served as determining factors in the ranking: (1) median household income, sourced from the Census Bureau in 2015 dollars; (2) median
home listing price as of June 2017, sourced from Zillow; (3) food spending, using the grocery index sourced from Missouri Economic Research and Information Center and multiplying it against the
average amount spent on food from the BLS consumer spending survey from July 2015 - July 2016; (4) employee health
insurance premium contribution, sourced from the Commonwealth Fund; (5) annual child care costs for an infant and a 4 - year - old, sourced from Child Care Aware of America; (6) whether the state offers
paid time - off for family leave; (7) whether the state has expanded the earned - income Tax Credit at the state level; (8) whether the state expanded Medicaid coverage as part of the Affordable Care Act.