Filed Under:Agent Broker, Personal Lines Business

IQ: Survey: Home Insurance Premiums Cost $128 More

P&C insurers steeply raised homeowners’ insurance premiums in 2011, according to the RateReport.’s data represents about 15,000 polices nationwide with carriers like Travelers, Safeco, The Hartford and ASI/Ark Royal.

The survey showed that 12-month home insurance premiums were $810 nationwide in December 2011, a nearly 19 percent increase from $682 in January 2011. Nationwide, homeowners are paying $128 more on average per year.

But premium increases weren’t stable throughout the country. In states like Mississippi, Montana and New Mexico, new policies jumped 29 to 39 percent from January to December, while in Washington D.C., homeowners paid 7 percent less for new policies in December.

Featured Video

Most Recent Videos

Video Library ››

Top Story

5 warning signs of an embezzler

It might be hard to catch an embezzler because some of the characteristics of him or her may be counterintuitive.

Top Story

Enter NU’s Excellence in Cyber Security Risk Management Award today!

Nominate your cybersecurity program for NU's Excellence in Cyber Security Risk Management Award before time runs out.

More Resources


eNewsletter Sign Up

Agent & Broker Insider eNewsletter

Proven success tips and essential information to help agents and brokers grow their practice – FREE. Sign Up Now!

Mobile Phone

Advertisement. Closing in 15 seconds.