US Homeowners Insurance Costs Soar Near $3K Average - Tips to Manage Your Rates

Reported 1 day ago

The average cost of homeowners insurance in the U.S. is approaching $3,000 annually, with some states like Nebraska and Oklahoma seeing rates near $8,000. The increase is driven by factors such as rising repair costs, more frequent severe weather, and advanced risk assessment by insurers. Homeowners can mitigate these rising costs by comparing quotes, inquiring about discounts, implementing safety upgrades, raising deductibles, and improving credit scores.

Source: YAHOO

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