Insure Homes Cheaper Than Replacement Cost Secret Exposed

Real-World Examples and Statistics

According to the National Association of Insurance Commissioners (NAIC), the average annual premium for homeowners insurance in the United States was approximately $1,211 in 2020¹. By opting for a policy that covers less than the full replacement cost, homeowners can potentially reduce their premiums by 10-20%, depending on the specific circumstances and insurer policies².