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Homeowners Insurance Cost Too Much? Check Your Bad Credit

Homeowners Insurance Cost Too Much? Check Your Bad Credit

Homeowners Insurance Cost Too Much? Check Your Bad Credit
News from TheStreet.com:

NEW YORK (TheStreet) — The cost of homeowners insurance is rising steadily, at a 50% clip over the past 10 years.

Average costs vary state to state, with Idaho at the lowest cost on average, $ 518 per year, and Florida homeowners paying the most, $ 1,933 per year.

Weather, a home’s size and its neighborhood are all factors when companies price homeowners insurance. But there’s an-under-the radar factor that can move homeowners insurance upward: bad credit.

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