Posted by ken in sc on September 26, 2003 at 07:40:58:
In my area my average cost for a house that size would be $800. Ask your agent about other factors. Here brick is way cheaper than vinyl or wood. Location such as how far from fire station counts.
What is the average monthly cost of insurance on a SFH worth around 150k in midwest. Owner Occupied vs. Landlord policy and which would be more. Is there a quick average calculation. Like .10cents per 100 dollars of house value. How does this work? THANKYOU FOR ANY RESPONSE
Re: Average Cost of Insurance ? - Posted by brett-wa
Posted by brett-wa on September 27, 2003 at 12:00:33:
Can only comment on my area (Seattle-WA) so I don’t know how different the numbers will be, but…
Insurance is about $200 per year for every $100K of value on single families. Then again houses are commonly $300K around Seattle and the insurance is typically around $600-700 per year for those homes.
From ken’s response it sounds like it might be much more expensive on a cost per dollar value basis.