How Are Home Insurance Premiums Calculated? Find Out Here | SecureNow

Curious about how home insurance premiums are determined? Learn the key factors that influence your rates in this detailed guide. Let’s understand the process to calculate home insurance premiums and the factors that determine the rate. Home insurance policies are of three types – structure insurance, content insurance, and comprehensive insurance (which combines structure and contents). The basic premium depends on the type selected. In the case of structure insurance, the cost of constructing the structure is first determined.

How Are Home Insurance Premiums Calculated? Find Out Here | SecureNow