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How much should home insurance cost?
I got an estimate for my apartment in Oakland, California, and the first offer I received was $1,000 a year. This was a surprise to me. How much do people pay for home insurance on average? How can I get a better deal?
Sophie Newman · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“On average, people pay about $1,200 a year for home insurance, so your first offer may not be far off the mark.
That said, you may be able to get better rates by comparing
home insurance quotes online
. Shopping with multiple companies is a good way to know you’re getting the best deal.If you want help pulling quotes from multiple companies, leave the hard work to
Jerry
. Jerry is a free app that compares quotes from the top providers and delivers the best deals to your phone in minutes. You may also get better discounts by bundling your home and car insurance with the same company.”
View full answer
- Gregory R.
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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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