/C O R R E C T I O N -- Insurance.com/

In the news release, Insurance.com Releases New Data on Most and Least Expensive ZIP Codes for Home Insurance, issued 31-Mar-2020 by Insurance.com over PR Newswire, we are advised by the company that the the hyperlinks in the original text have changed. The complete, corrected release follows:

Insurance.com Releases New Data on Most and Least Expensive ZIP Codes for Home Insurance

FOSTER CITY, Calif., March 31, 2020 /PRNewswire/ -- The highest homeowners' insurance rates in the nation belong to ZIP code 33070, home to Islamorada Village of Islands, on Plantation Key in Florida, according to Insurance.com's analysis of average rates for nearly every ZIP code in the country.

ZIP codes in Louise, Texas and Mobile, Alabama rank second and third, respectively, according to Insurance.com, an independent consumer guide to insurance.

Homeowners can enter a ZIP code in Insurance.com's average home insurance calculator to see the average premium for the location, as well as the highest and lowest rates from among six insurers. You can get a customized rate by choosing from among 10 coverage levels, so you know what to expect to pay and can see how much you can save by comparing home insurance companies.

Home insurance companies consider many factors when setting rates. Chief among them are your home's location, which reflects its exposure to hazards, such as storm damage, wild fires, burglaries and so on, your home's value and the cost to rebuild it, as well as your credit history, in states that allow that practice.

"Rates can fluctuate significantly from state to state, or even neighborhood to neighborhood, depending on how insurers assess the various things they look at," said Michelle Megna, editorial director of Insurance.com. "That's why, regardless of where you live, if you don't compare rates, you can wind up overpaying by hundreds, sometimes thousands, of dollars."

Top 5 most expensive locations for home insurance rates are:

ZIP Code

State

City/Town

Average Annual Rate

33070

Florida

Islamorada Village of Islands

$6,295

77455

Texas

Louise

$5,911

36619

Alabama

Mobile

$5,752

73016

Oklahoma

Cashion

$4,966

67752

Kansas

Quinter

$4,666

 The 5 cheapest locations for home insurance are:

ZIP Code

State

City/Town

Average Annual Rate

96859

Hawaii

Honolulu

$490

93445

California

Oceano

$881

05404

Vermont

Winooski/Burlington

$1,107

20854

Maryland

Potomac

$1,144

77514

Texas

Anahuac

$1,148

Rankings for the priciest ZIP codes were determined by identifying the ZIP code with the highest average rate for home insurance in each state and then listing them in descending order. For the cheapest ZIP codes, rankings were determined by identifying the ZIP code with the least expensive average rate for home insurance and then listing them in ascending order.

For the full insurance guide, survey results and expert tips, you can read an overview here, entitled Average Home Insurance Rates.

Additional resources

About Insurance.com
Insurance.com is owned and operated by QuinStreet, Inc. (Nasdaq: QNST), a pioneer in delivering online marketplace solutions to match searchers with brands in digital media.  QuinStreet is committed to providing consumers and businesses with the information and tools they need to research, find and select the products and brands that meet their needs. Insurance.com is a member of the company's expert research and publishing division.

Insurance.com is a trusted online resource dedicated to educating consumers on auto, home, health and life insurance, developing relationships directly with carriers to offer consumers comparison rates from multiple companies. Since 2001, Insurance.com's industry-first online tools, data-based reporting and experienced experts have helped consumers make informed insurance-related decisions, so they can choose the right insurance for their individual needs.

Website:  https://www.insurance.com 
Twitter: @InsuranceDotCom 
Facebook: https://www.facebook.com/InsuranceDotCom/

Media Contact
For Insurance.com
Liberty Communications for QuinStreet
Rick Judge, 415-429-5652
QuinStreet@libertycomms.com

Cision

View original content:http://www.prnewswire.com/news-releases/insurancecom-releases-new-data-on-most-and-least-expensive-zip-codes-for-home-insurance-301032315.html

SOURCE Insurance.com