How much does home insurance cost?

[Entity]

We're trying to budget how much our monthly bills would be. This is obviously just a general idea -- say insurance on a $300k house in an urban area.

Anyone know?

Rob

 

[pyonir]

I don't know an answer for ya...so....

Hi Entity!! 😀

 

[KK]

on our ~120k home it runs about 350/year.

KK

 

[Willoughbyva]

It depends on the area that the house is located in, stuff like hurricane, flood, toranado, earthquake etc.

 

[pyonir]

Entity:

You might get some idea here

 

[RossMAN]

Depends on a lot of factors but anywhere from $250 - $450 per year.

 

[Eli]

Originally posted by: RossMAN
Depends on a lot of factors but anywhere from $250 - $450 per year.

Wow, you would think it'd be more..

Although, I imagine you get raped in areas like, say, tornado alley.

 

[RossMAN]

Yeah you'd think insuring a house would cost a lot ...

Houses do cost a lot though, property taxes, utilities, repairs, and insurance.

Fortunately earthquake insurance here in Portland is about $50/yr on top of regular Home Owners Insurance.