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States With the Lowest Homeowners Insurance Rates. And these are the top five least expensive states for homeowners insurance. Hawaii: $582/year. California: $1,380/year. Washington D.C.: $1,520/year.
Compared to home values, the average statewide premium in 2023 was the lowest among all 50 states, according to the Reuters analysis. California’s high property values may make that insurance ...
Get major insurers to write policies for high-risk areas: The California Department of Insurance is looking for the top 12 home insurance companies in the state to commit to writing a minimum of ...
California's high property values may make that insurance seem relatively cheap, but even on an absolute dollar basis residents the average annual premium of $2,200 was less than residents paid in ...
Corrections & Clarifications: An earlier version of this story misstated the average home insurance figures for a $300,000 home in California, Texas and Florida as monthly figures. They were ...
State Farm, California’s largest insurance provider, is asking for a 22 percent interim rate hike for California homeowners just week after the deadly Los Angeles wildfires (Getty Images)
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