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How costly is homeowner's insurance

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Mrs213
????????

Member since 2/09

18986 total posts

Name:

How costly is homeowner's insurance

Is it a yearly premium or something that is payed monthly? We are budgeting right now and trying to figure if that will break the bank...

Posted 3/27/10 11:22 PM
 
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donegal419
St. Gerard, pray for us.

Member since 7/07

7650 total posts

Name:
K

Re: How costly is homeowner's insurance

depends how you set it up. some people put it in with their mortgage, some pay yearly, some monthly. in terms of cost, that varies greatly depending upon the size of your home, the location of your home (near water, for example) and what you have in your plan (different deductibles/coverages, etc.) if i remember correctly, ours is about $1K a year.

Posted 3/27/10 11:41 PM
 

drpepper318
MIR MIR MIR!

Member since 6/07

8274 total posts

Name:
me

Re: How costly is homeowner's insurance

Mine is about $1,000 per year (and seems to go up a bit every year).

Posted 3/28/10 12:36 AM
 

Mrs-D-Girl
Love my fur baby

Member since 8/07

5183 total posts

Name:

Re: How costly is homeowner's insurance

When I first closed Oct 07 I was paying around $1700 and for the first year I had to pay monthly myself, after that it is now part of my Mortgagee escrow and I pay the bank monthly.

I recently shopped around and now I am paying $1200 Chat Icon

Posted 3/28/10 9:27 AM
 

jes81276
summer fun!

Member since 3/06

4962 total posts

Name:
Jaime

Re: How costly is homeowner's insurance

ours is about $1k a year and it comes out of our mortgage (part of the escrow)

Posted 3/28/10 10:05 AM
 

Coosie
So in love with my little boy!

Member since 1/10

1889 total posts

Name:

Re: How costly is homeowner's insurance

Posted by jes81276

ours is about $1k a year and it comes out of our mortgage (part of the escrow)



Same for us!

Posted 3/28/10 1:41 PM
 
 

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