Get Affordable Liability Insurance for Property Owners Now
Real-World Examples and Data
According to the Insurance Information Institute, the average cost of homeowners insurance, which includes liability coverage, was approximately $1,211 annually in the United States in 20201. However, rates can vary significantly based on the factors mentioned earlier. Another study by ValuePenguin found that bundling home and auto insurance can save consumers an average of 16% on their premiums2.