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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