Each homeowners insurance company has unique criteria for determining rates. However, standard factors most companies take into consideration include your personal details, the location of the home, and the structure of the building. Poor credit, a history of excessive claims, or even spotty employment can impact your premiums. Likewise, if your region is known for bad weather or is more expensive for building homes, that will also affect prices. And of course, the house itself, including the age and current condition, is important too.