Secure Your Home with Master Homeowners Insurance Secrets

Location**: Homes in areas prone to natural disasters may have higher premiums.

- **Home Value and Rebuild Cost**: The more expensive your home and its contents, the higher your insurance costs.

- **Deductible Amount**: Choosing a higher deductible can lower your premium but requires you to pay more out of pocket in the event of a claim.

According to the Insurance Information Institute, the average annual premium for homeowners insurance in the U.S. was $1,249 in 2018¹.