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There is no "Average" cost of homeowners insurance. Every risk is different.

Variables include, but are not limited to:

1. The insurance company;

2. Whether coverage to the building alone is obtained, or also to the contents;

3. The dollar amount of coverage purchased;

4. The amount of the deductible(s);

5. The perils (risks) that the policy covers. There are different policy forms that are often available that provide coverage of varying breadths;

6. Your own loss history. This relates to the number and types of insurance claims that you have had over a stated period of time;

7. The geographic area in which the property is located.

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Q: What is the average cost of homeowner's insurance?
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