The average homeowner purchasing the most common type of insurance spends around $1,132 on premiums each year. Insurance companies take many different factors into consideration before setting rates for their customers. But you can control your insurance costs. Here are several components that play a major role in determining the price of insurance for homeowners.
The age and quality of the home
Providers consider the age of a home before deciding how much to charge for insurance. Older homes with ornate construction often cost more to insure than newer homes. Properties