red car driving down country roadred car driving down country roadred car driving down country roadred car driving down country road
For total home protection, there's no place like Alfa®.

Factors Affecting the Cost of Homeowners Insurance

The cost of homeowners insurance is largely dependent on what part of the country you live in, what city you live in, even all the way down to your neighborhood. How close or far away you are from the fire department has an impact on your protection class, which factors into your insurance rate.

While the value of your home is a large factor in the cost of your homeowners coverage, the following factors also play a role:

  • Age of the house – Newer homes typically have fewer maintenance issues. Insurers may require upgrading to systems such as wiring or plumbing before insuring an older home.
  • Local fire protection – How close your house is to a fire hydrant and your primary responding fire department can affect your fire protection class. Likewise, the quality of your local fire department can also affect your fire protection class.
  • Amount of coverage – The higher the required coverage amount for your home and all its contents, the more costly your premium will be.
  • Deductible amount – Higher deductibles mean lower premiums, but you want to be sure you can afford that high deductible in one lump sum should you have to file a claim. (Minimum deductibles apply.)
  • Discounts – A discount is offered for insuring both your home and auto insurance with us. Having deadbolts and an alarm system installed will also qualify you for a discount. Claims free and new home discounts may also apply.