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Homeowners insurance policyholders in Texas face highest premiums

Homeowners insurance policyholders in Texas face highest premiums

Homeowners insurance policyholders in Texas face highest premiums
News from Live Insurance News:

According to recently released data from the National Association of Insurance Commissioners (NAIC), residents of Texas are still paying the highest premiums for their homeowners insurance coverage.

Though this remains the case, two other states on the Gulf Coast have rates that are nearly as high.

In 2010, the average annual premiums paid by Texas homeowners insurance customers for the most commonly sold policy had been listed at $ 1,560. That amount was considerably higher than the national average, which was $ 909. Furthermore, it was also 3.2 percent greater than the figures that the NAIC released last year.

The NAIC reported that eleven states had average homeowners insurance premiums greater than $ 1,000.

This data included Florida, which had average homeowners insurance premiu…………… continues on Live Insurance News

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