Hope House Insurance 2024 Cost. The average cost of homeowners insurance at $300,000 in dwelling coverage is $1,988, with $100,000 in liability and a $1,000 deductible, the $300,000 in dwelling coverage reflects replacement cost, not market value. The average cost to insure a home in 2024 is $1,602.

Some insurance companies are more expensive than others, even when comparing similar homeowner. The average cost of home insurance rose by 31% from january to march 2024 compared to the first quarter of last year, according to compare the market.