{"id":1897,"date":"2020-04-08T15:58:36","date_gmt":"2020-04-08T15:58:36","guid":{"rendered":"https:\/\/www.homeinsuranceking.com\/blog\/?p=1897"},"modified":"2020-04-08T15:58:58","modified_gmt":"2020-04-08T15:58:58","slug":"review-of-the-highest-home-insurance-rates","status":"publish","type":"post","link":"https:\/\/www.gethomeinsurancequotes.com\/blog\/review-of-the-highest-home-insurance-rates\/","title":{"rendered":"Review of the Highest Home Insurance Rates"},"content":{"rendered":"\n
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A beautiful view of the Islamorada coastline. Also known by Florida homeowners as the highest homeowners insurance rates in the country.<\/figcaption><\/figure>\n\n\n\n

According to a recent Insurance.com rate analysis, the highest homeowner insurance rates in the country are in zip code 33070<\/a> which encompasses Islamorada Village of Islands, on Plantation Key in Florida.<\/p>\n\n\n\n

Second place in this dubious honor went to ZIP codes in Louise, Texas<\/a>. Mobile, Alabama<\/a> managed a third place showing in the analysis while Oklahoma finished fourth and Quinter in Kansas<\/a> rounded out the top five. Here is an overview of the top five zip codes in the country as well as the average premium these homeowers are paying:<\/p>\n\n\n\n
ZIP Code<\/strong><\/td>State<\/strong><\/td>City\/Town<\/strong><\/td>Average Annual Rate<\/strong><\/td><\/tr>
33070<\/a><\/td>Florida<\/a><\/td>Islamorada Village of Islands<\/td>$6,295<\/td><\/tr>
77455<\/a><\/td>Texas<\/a><\/td>Louise<\/td>$5,911<\/td><\/tr>
36619<\/a><\/td>Alabama<\/a><\/td>Mobile<\/td>$5,752<\/td><\/tr>
73016<\/td>Oklahoma<\/td>Cashion<\/td>$4,966<\/td><\/tr>
67752<\/a><\/td>Kansas<\/a><\/td>Quinter<\/td>$4,666<\/td><\/tr><\/tbody><\/table>\n\n\n\n

These rates are dramatically higher than the national average which comes in at $1,228 according to an Insure.com article. “Rates can fluctuate significantly from state to state, or even neighborhood to neighborhood, depending on how insurers assess the various things they look at,” said Michelle Megna, editorial director of Insurance.com in a recent press release. “That’s why, regardless of where you live, if you don’t compare rates, you can wind up overpaying by hundreds, sometimes thousands, of dollars.”<\/p><\/blockquote>\n\n\n\n

In many of these zip codes, weather and home values are probably the major culprits in high premiums. These locations are prone to severe weather and most likely flooding. Florida<\/a> and Texas coastal communities<\/a> are always prone to severe weather and many of the other zip codes fall into Tornado Alley. This type of weather risk will always push up homeowner rates. <\/p>\n\n\n\n

Insurers take a number of factors into consideration when setting a homeowners insurance premium. A few that they consider are:<\/p>\n\n\n\n