Tuesday, October 05, 2004

Insuring a Home in Ohio Can be A Good Deal

. A new survey shows that it’s cheaper to insure a home in Ohio than in most other states. A study by the National Association of Insurance Commissioners found that Ohio’s average annual homeowner’s premium was 47 th in the nation in 2001. Ohio’s average was $359 compared with the U.S. average of $536. The Ohio Insurance Institute said homeowners premiums are stabilizing in Ohio this year compared with past years. The 10 largest writers of homeowner’s policies had raised premiums an average of 2.9 percent through May, after two years of increases averaging 14 percent.

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