All You Need to Know About Buying Coverage in D.C.

Homeowners throughout the nation need insurance to protect their home and their belongings. Depending on where you live, your average costs could be drastically different from those in a neighboring state. Factors such as your home's value, your ZIP code , geography/climate and even local regulations and restrictions can all affect your rates. In the District of Columbia, for example, homeowners spend an average of $1,012 a year on their premiums, which is the fifth-highest area in the nation. For comparison, Texas has the highest average premiums in the nation, at $1,409 annually; the national average is $804.

Policy considerations to make

While your individual policy could vary from that of your neighbor, you will likely have similar components to your plan. Make sure you carefully review each of these factors before settling on a plan:

When looking over your policy, remember that there are some factors beyond your control. In fact, the very type of dwelling in which you live and the financing for your house will dictate at least some of the coverage your company is required to provide. Remember these factors when considering policies: