Average Costs Per Year for Home and Auto Insurance

We recently came across some data that we want to share with you. It’s the average yearly premium by state for home and auto insurance. Keep in mind that these rates vary widely by geography and demographics. Here in Virginia we pay $1329 on average each year for combined home and auto insurance. In Virginia Beach the rates are higher. These rates also don’t include costs for policies like flood and earthquake insurance that may be common or necessary where you live.

Here at COMPARITY we are committed to educating you about your insurance. You’d be surprised how much people don’t know before they talk to us.

You can find out exactly what you should be paying by starting an application on line at comparityins.com or giving us a call at 1-844-COMPARE (266-7273).

Sources:

Auto data: ibitimes
http://www.ibitimes.com/car-insurance-premiums-2014-which-state-has-the-highest-rates-1655126

Home data: statisticbrain
http://www.statisticbrain.com/average-cost–of-home-insurance/