Insurance Pricing Guide

Homeowner’s Insurance 

This Homeowner’s insurance cost guide will help you determine how much you should be paying for your homeowner’s insurance, so that you can begin to develop your budget and set aside the appropriate amount of money for your annual policy.

Want a comprehensive buying guide that addresses the frequently asked question for homeowner’s insurance?  Check out our FREE ebook, How To Buy Homeowner’s Insurance in 2018.

We’ll first breakdown the price of Homeowner’s insurance by the replacement value of your home:

Do you know what your home will cost to replace if totally destroyed in a covered loss?  It’s different than what the market price of your home would be since other factors will have to come into consideration like; cost of materials for rebuilding your home, cost of labor, debris removal, new government ordinances that will require your home to be built differently than was required in the past and other things.

We’ll look at the break down of an average premium by the replacement amount of a home as well as the average premium broken down by city.

Average premium by replacement amount

 

For a home with a replacement amount between $150,000-$200,000, the average premium is = $992.97

For a home with a replacement amount between $200,000-$250,000, the average premium is = $1,089.18

For a home with a replacement amount between $250,00-$300,000, the average premium is = $1,148.18

For a home with a replacement amount between $300,000-$400,000, the average premium is = $1,463.32

For a home with a replacement amount between $400,000-$500,000, the average premium is = $2,043.83

For a home with a replacement amount between $500,000-$600,000, the average premium is = $2,621.35

Average premium by city

The average premium can vary from City to City, and since we focus primarily on Johnson County Kansas, we will breakdown the average premium by each city in Johnson County.