Homeowners Insurance Yearly Cost. If you are looking for a combination of affordability and quality coverage, we have. The average price of a standard $1,000,000/$2,000,000 general liability insurance policy for small homeowners associations ranges from $57 to $79 per month based on location, number of homes, common property acerage and features, claims and more.
In 2019, 5.1 percent of insured homes experienced a claim, compared with 6.2 percent in 2018. There are several different factors that go into determining the cost of your home insurance premium. Just like you, many are asking: