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How do you calculate how much annual home insurance will cost?

I’ve never shopped for home insurance before. How do you calculate how much annual home insurance will cost?

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Melanie Mergen · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Welcome to the world of insurance shopping! How much your
home insurance
costs will vary depending on several factors, like where you live, your credit score, as well as the size, age, and value of your home. There’s not necessarily an across-the-board formula that can calculate how much you’ll pay for insurance.
What factors influence your
home insurance
cost and how much weight they carry also vary from provider to provider.
To get a better idea, you can look at average costs in your state and across the country. For a $250,000 home, the national average for home insurance is between $1,200 and $1,600 per year.
The most reliable way to find out the cost of annual home insurance for you is to gather multiple quotes from top providers.
Jerry
can help make this easy! You can even bundle with your
car insurance
for additional savings.
It takes under a minute to enter your information, and then you can start reviewing policy options to find the right amount of coverage for you at the right price. On average, Jerry users save $887 per year on car insurance.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.

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