Services
Insurance
Loans
Repairs
Advice
About

What can I expect to pay monthly for homeowners insurance?

Is there a way to know how much home insurance will cost? I'm a first time home buyer. I'm likely going to be buying a home for $149,000.

avatar
Emily Maracle · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
“Since you know the cost of the home you’ll be buying, you’ll want to reach out to
request quotes from home insurance companies
.
Like
car insurance
, you’ll need to request quotes from carriers to find out what your rate will be.
Insurance companies use a number of factors to determine your rate, such as:
  • location
  • type of home
  • type of coverage you require
  • your credit history,
  • your claims history
Most companies will allow you to request a home insurance quote online or you can speak with an agent directly.
When requesting quotes, they’ll require details about your home like:
  • what materials it’s constructed out of
  • its age
  • if they’re any risks on the property like a trampoline or pool
From there, you’ll be able to get an estimate of what your insurance may cost.”
View full answer 
WHY YOU CAN TRUST JERRY
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.

Join 4M+ members in lowering their car insurance

Easiest way to compare and buy car insurance

√
No long forms
√
No spam or unwanted phone calls
√
Quotes from top insurance companies
Find insurance savings