What's the average price of homeowner's insurance in Las Vegas?

Question

I know this is a vague question but what are some estimate homeowners insurance prices in Las Vegas? The house is worth 180k, its brand new (built 2008). No pets or children, three bedrooms, 1700 sq ft. My fiance and I are first time homebuyers and we have excellent credit. I just wanted to know if anybody had any ballpark numbers (I plan on contacting my current auto insurance provider soon, but I want to hear what other locals are paying so I know if I'm getting a good rate)... Thanks!

Answer 1

My wife pays the insurance bill and it runs about 145 a month with car insurance added. We live in vegas also.

edit:

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I will giv eyou the contact of someone at american family and you can use my name . She will give you great discounts and take care of you.

Answer 2

It is tough to say, without knowing more about the home, however, the “average” annual premium in Nevada is $671 a year, according to a the National Association of Insurance Commissioners’  Homeowners Insurance Report. You can see the full report here: http://www.naic.org/documents/research_s... To get an accurate, fair quote, talk insurance broker. A broker works with many different companies and can find the best coverage and price for you. To find one, log onto a website like http://www.homeownerswiz.com and request a free quote.

Answer 3

The best, and most effective way is to spend some time on the phone:

1.  Call Allstate, State Farm, Nationwide, Farmers,  Liberty Mutual, etc - any of the "captive" agencies; i.e., those whom represent only one company.  They are all large, A-rated carriers, whom pay their claims, 24-hr claims service.

2.  Call a handful of local independent agencies - they represent a variety of different carriers.  Make sure you ask about the company - how long in business, what rating (A.M. Best), etc. www.iiaa.org is a great place to find listing of independent in you area.

Hope that helps

Answer 4

Don't know. But when you find the lowest rate, chances are good it won't be worth the paper it's printed on. Except you won't know that until you pay premiums for 8 years and then have a claim.

When you judge a book by it's cover, you oftentimes never get the good stuff.

I would never shop insurance based on price alone.