Homeowners insurance premiums went up 19 percent on average nationwide, according to a report from an online insurance provider.
Homeinsurance.com said the typical premium for a new policy in December 2011 was $810 nationwide, up from $682 in January 2011.
The company said its quarterly RateReport data represents approximately 15,000 policies sold across the United States with various carriers including Travelers, Safeco, The Hartford, and ASI/Ark Royal.
RateReport shows that on a nationwide basis, homeowners are paying, on average, $128 more per year for new home insurance than they were at the beginning of the year.
Premium increases were more dramatic in some states than others, including Mississippi, Montana and New Mexico where new policies in December 2011 were seeing 29-39 percent higher premiums than those sold in January 2011.
There were also spots with lower rates towards the end of 2011 including Washington D.C., where homeowners were paying about 7 percent less for new policies. Also new policies sold in December 2011 in Vermont, Virginia, West Virginia and California decreased in price as compared to earlier in the year when they were 1 to 3 percent higher.
HomeInsurance.com, LLC operates an online comparison shopping marketplace for home and auto insurance. Its carrier partners include Travelers, Safeco, Hartford, Liberty Mutual, ASI/Ark Royal, Foremost, and Progressive.
Sadly there are a few insurance ciopanmes that do this with breeds such as Pit Bull, Rottweiler, GSD, Husky and mixes of these breeds. Check to see if State Farm is avaliable in your area. We have State Farm and they will cover any breed as long as it has not bit anyone. Thier premiums are not higher because of the breed either. I would suggest checking with them as we have had no problems (I have used them for car insurance since I started driving and 2 years of renters insurance and now homeowners).Sorry that you had to experience this kind of treatment due to people’s mis-education!!EDIT** Please do not listen to anyone who says don’t tell them . If you do this and they find out they can and will drop your policy. Also, if something were to happen related to the dog they can and usually will refuse the claim. A friend of ours had someone jump their fence and get hurt and because the dog was involved (did not bite or bother the person, it is suspected the person was attempting to steal the dog) they had to file a claim on their insurance and it was denied because the breed of the dog was disclosed in the police report. The guy sued them and they had to pay his medical bills out of pocket. Please be smart and find a company that will cover regardless of the breed, they are out there!