Note: State average premiums were calculated by dividing premiums by exposures expressed in house-years. A house-year is equal to 365 days of insured coverage for a single dwelling and is the standard measurement for homeowners insurance.
¹ California data provided by the California department of Insurance
² The Texas Department of Insurance developed home insurance policy forms that are similar but not identical to the standard forms.
Source: Insurance Information Institute Fact Book 2006, from “2003 Homeowners Insurance Report,” published by the National Association of Insurance Commissioners.