Homeowners in indiana pay close to the national average of 1 228 per year for homeowners insurance. Homeowners insurance rates in indiana will vary based on the insurance company you choose.
Compare Home Insurance Rates Online Updated 2020 The Zebra
On average the annual homeowners insurance premium in indiana is 1 198 or 30 less than the national average.
Average home insurance cost indiana. Indiana home insurance can cost as little as 537 per year but we recommend shopping for more than just the cheapest insurer. Indiana homeowners insurance rates in december 2013 stood at an average of 820 as compared to 830 in november 2013. Median home price in indiana.
Cincinnati insurance provides the most affordable home insurance in indiana at only 932 annually. The average annual cost of home insurance in indiana is 1 000. In 2012 the national.
Insurance premium saving tips in indiana. When calculating your premium the insurance company looks at your age your credit score your claims history the city you live in the condition of your home and more. The 2017 average premium the most recent data available was a 1 6 increase from the 2016 average of 1 192.
On the other hand the average annual premium a homeowner pays across all states is 1 192 which makes about 99 33 per month. According to insurance information institute iii in 2016 latest available data the average annual premium a homeowner pays in indiana is 1 003 which amounts to 83 58 per month. This compares favorably to the state s average cost of 1 395 providing a 463 price break on average policy costs statewide.
Bundling home and car insurance in indiana with the same provider will have. The best and cheapest homeowners insurance companies in indiana compare. The rate you pay depends on several factors including the city where you live so your rate may vary from the average.
Average homeowners insurance in indiana. Premiums have been steadily rising over the past decade. In the united states the national average is 1 211 however home insurance premiums are highly individualized.
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