Homeowners insurance rates vary widely across the US and state by state.

The most important factor when buying real estate is location, and as you might expect, it’s a significant factor in establishing rates for homeowners insurance as well. What is the average premium for a house worth $300,000 in Georgia compared to one in neighboring Alabama or Florida? What’s the average nationwide?

Panelists at the Property/Casualty Insurance Joint Industry Forum 2015 on Jan. 13 acknowledged downward pressure on rates, especially for homeowners policies because they aren’t seeing much growth in new home sales. With that trend in mind, if you’re pricing policies and renewals in different locations, it’s helpful to know what the most recent data on the cost of homeowners policies shows.

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