Ohio's annual premium $300 lower than the national average - Cincinnati News, Weather, Sports from FOX19 NOW-WXIX

Ohio's average homeowner's insurance premium sixth lowest in country


Ohio's average homeowner's insurance premium is the sixth lowest in the country, according to the Ohio Department of Insurance.

According to 2011 data, the most recent available from the National Association of Insurance Commissioners, Ohioans paid on average $652 per year, which was the sixth lowest for the second consecutive year. The national average premium was $968 per year.

The average homeowner's insurance premium is a weighted average of all the policy forms. It is determined by dividing the total premium for a state by the number of insured homes.

Ohioans with insurance questions or concerns can call the Department's consumer hotline at 1-800-686-1526 or visit www.insurance.ohio.gov

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