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Florida continues to the lead the country for the priciest home premiums, as it did in the previous year’s report

Florida enjoyed an 11-year hiatus from hurricanes until 2016, but insurance industry officials say the state’s risk of catastrophic damage remains high, with 80 percent of the population living in coastal counties.

Most expensive home insurance
Average annual premium
Florida $2,055
Texas $1,947
Louisiana $1,847
U.S. average $1,132.
Source: National Association of Insurance Commissioners January 2017 report based on 2014 data

Posted on: January 30th, 2017 at 2:58pm by donblackadar. Filed under: Homeowners Insurance, Insurance Industry

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