Nationwide Insurance Quote Home
Nationwide Insurance Quote Home
When you think of homeowners insurance, think of protection. Most people simply can’t afford to rebuild their homes and replace everything in them if there’s a disaster, which is why home insurance is so important. Here is what you should know about homeowners insurance:
What is homeowners insurance?
Homeowners insurance coverage can shield your house from losses to both the structure and the possessions within. In addition, homeowners insurance can shield you, your home, and some of your personal belongings.
Is it necessary to get homeowners insurance?
Both yes and no. Unlike auto insurance, homeowners insurance is not mandated by state law. But, your lender can demand that you have a policy with a specific amount of coverage for your home insurance. A home insurance policy can shield your possessions and house from unforeseen circumstances and help you possibly avoid having to pay for expensive repairs out of pocket
What does homeowners insurance cover?
Homeowners insurance will help to cover damage caused by perils including:
- Fire
- Hail
- Lightning
- Windstorm
- Theft
- Vandalism
What types of coverage do policies provide?
A standard homeowners policy typically provides the following types of coverages:
- Dwelling coverage
- Other structures coverage
- Personal property coverage
- Liability coverage
- Loss of use coverage
The average cost of homeowners insurance by state
Here are the average home insurance rates by state:
State Average Annual Cost
Alabama……………………… $1,116
Alaska…………………………. $1,002
Arizona………………………. $966
Arkansas…………………….. $1,091
California……………………. $966
Colorado……………………. ..$994
Connecticut………………… $1,058
Delaware…………………….. $1,172
District of Columbia………$1,047
Florida……………………….. $1,117
Georgia……………………… $1,137
Hawaii…………………………$977
Idaho…………………………. $966
Illinois……………………….. $924
Indiana………………………. $906
Iowa………………………….. $918
Kansas………………………. $908
Kentucky………………….. $1,106
Louisiana………………….. $1,108
Maine……………………….. $989
Maryland…………………… $1,212
Massachusetts…………… $1,031
Michigan………………….. $919
Minnesota………………… $951
Mississippi……………….. $1,099
Cheapest states to own a home
- Ohio
- Missouri
- South Dakota
Most expensive states to own a home
- Virginia
- Delaware
- Maryland
Nationwide homeowners insurance discounts
With Nationwide’s home insurance discounts, there are numerous ways to reduce your premium. Bundling your insurance coverage, such as combining your home and auto policies, is one of the simplest methods to save money. Discounts are also available if you can demonstrate the safety of your house.
Get a free homeowners insurance quote online or by calling 1-888-869-5727.
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