P&C insurers steeply raised homeowners' insurancepremiums in 2011, according to the HomeInsurance.com RateReport. HomeInsurance.com's data represents about15,000 polices nationwide with carriers like Travelers, Safeco, TheHartford 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 moreon average per year.
|But premium increases weren't stable throughout the country. Instates like Mississippi, Montana and New Mexico, new policiesjumped 29 to 39 percent from January to December, while inWashington D.C., homeowners paid 7 percent less for new policies inDecember.
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