How much does homeowners insurance cost? This may be one of the first questions that come to mind when buying a new home. And that’s an important question, especially if you’re trying to budget for your living expenses. The short answer to this question is: it depends. Here are some factors that can help you determine how much you will pay for homeowners insurance:
You choose the deductible
The cost of your home and equipment.
History of your insurance claim
Other variables, such as age and location of your home