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Answered 2013-08-11 03:53:31
On a wide U.S. national average, it is conventionally accepted that Home insurance will typically cost about 1 percent per annum of a homes market value. However, This is an extremely difficult question to answer accurately as there are very large variations depending on a homes rated tier. The mean variance can be anywhere from 0.3 percent up to 5 percent and more in coastal tiers.
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