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How much is home insurance for a townhouse?
My partner and I are looking into buying a townhouse together within the next few months, and will probably be buying home insurance for our new place. How much is home insurance for a townhouse usually?
Claire Beaney · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Congratulations on taking your first step into homeownership—that’s so exciting!
The average price of home insurance for a townhouse is $1,249 per year or $104.80 per month.
These costs will differ depending on where you live, the size of your townhouse, and the coverage levels you have.
If you live in an area that sees a lot of natural disasters, like floods and hurricanes, you may have to purchase additional coverage to protect against damages not covered under the
named perils
of your policy.No matter the specifics of your new townhouse, there are several ways to save money on your home insurance. Getting numerous quotes from insurance providers is always a good way to start.
If you want cheap
home insurance
quotes fast, go to Jerry
. A registered broker that gives end-to-end service, the Jerry app gathers reasonable rates, helps you switch plans, and can cancel your previous policy.View full answer
- Gregory R.
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Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.
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