Average Cost of Insurance ? - Posted by Tim

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.


Average Cost of Insurance ? - Posted by Tim

Posted by Tim on September 25, 2003 at 12:32:47:

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.

  • Brett