A bird's eye view of home insurance premiums across the nation

Home Insurance Consumer Trends Report: Fall 2011

43% of HomeInsurance.com customers that purchased coverage last quarter say that they shop their homeowners insurance policy about once per year. Even if you are satisfied with your home insurance provider, it is recommended by the Insurance Information Institute that you review your policy at least twice a year to make sure you are adequately covered and qualifying for all available discounts.

49% of HomeInsurance.com customers that purchased coverage last quarter said that they had previously seen their home insurance rates steadily increase with their prior carrier. However, customers who purchased a home insurance policy with HomeInsurance.com in the 4th quarter of 2009 reported an average savings of $556/year on their home and auto insurance.

67% of HomeInsurance.com customers that purchased coverage last quarter reported that comprehensive coverage was the top reason they selected their homeowners insurance policy. This is a six percent increase from 3rd quarter 2010 showing that consumers are growing more concerned with being adequately covered than having a low premium. For a breakdown of what is covered under a standard home insurance policy, visit Home Insurance 101. For more information about the financial strength rating of HomeInsurance.com carrier partners visit our trusted partners.

Affordable Rates Drive Consumer Purchasing Decisions in 3rd Quarter 2011

Homeowners concerned with their home insurance premiums reported that finding affordable rates was their main goal while purchasing home insurance last quarter.