How much you pay in homeowners insurance really depends on the calamities your home is likely to face. Urban areas are often more expensive than suburban and rural areas. Higher risk geographic regions, such as the high winds in the Great Plains and hurricanes in the Gulf region, are often pricier areas to insure. Then you have Texas, the most expensive state, where you have both the high winds and the threat of hurricanes!
Most expensive states to insure:
- Texas: $1,372
- Louisiana: $1,144/yr
- Oklahoma: Not listed. (oddly)
- District of Columbia: $963/yr
- Mississippi: $939/yr
- Florida: $929/yr
- California: $895/yr
- Rhode Island: $849/yr
- Alabama: $847/yr
- Kansas: $836/yr