While the cost of a homeowners insurance continues to rise throughout the United States, budget-conscious property owners can still find an affordable policy to protect their homes. To help homeowners learn what they should be paying for their insurance coverage, Craig-Massee Insurance Agency discusses the average insurance costs around the country and in Georgia. These Milledgeville, GA, insurance agents explain how you can know what is considered a good rate for homeowners insurance policies.
According to a study by the National Association of Insurance Commissioners, the average insurance premium for homeowners across the U.S. was $1,034 in 2012. While this amount takes into account the average premiums from all 50 states, the state you live in makes a big difference in the rates you will have to pay. The three most expensive states to purchase a homeowners insurance policy in include Florida, Louisiana, Texas. The three least expensive states are Idaho, Oregon, and Utah. A great rate in Florida, which has the highest average insurance premium of $2,084, would differ significantly than a good rate in Idaho, which averages $538.
On average, residents of Georgia pay $933 annually for their homeowners insurance. Georgians enjoy annual premiums lower than the national average, although the rates for the coastal cities are often higher due to risks of flooding. Before buying a policy, shop around to find the best rates. In addition to cost, make sure you get the right homeowners insurance coverage to meet all of the needs of your home.
Craig-Massee Insurance Agency will work to get you the best rates, whether for auto or homeowners insurance. Call (478) 452-3539 to speak to a dedicated insurance agent, or visit the website to learn more about the additional policies they offer, including commercial and church insurance.